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PROPERTY AND EQUIPMENT
 12 Months Ended
Dec. 31, 2023
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 2 – PROPERTY AND EQUIPMENT

 

Property and equipment consist of the following (in thousands):

  

December 31,

2023

  

December 31,

2022

 
Shop equipment and machinery  $3,565   $3,371 
Production tooling, jigs, fixtures   71    71 
Vehicles   177    177 
Leasehold improvements   390    390 
Office equipment   185    185 
Software   106    106 
Total property and equipment, cost   4,494    4,300 
Less: accumulated depreciation and amortization   (4,150)   (3,762)
Property and equipment, net  $344   $538 

 

Depreciation and amortization expense on property and equipment for the years ended December 31, 2023 and 2022 was $387 and $507 respectively. During the years ended December 31, 2023 and 2022, $374 and $489, respectively, of depreciation expense was included in cost of sales for the years then ended.