XML 18 R8.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
PROPERTY AND EQUIPMENT
 3 Months Ended
Mar. 31, 2024
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 2 – PROPERTY AND EQUIPMENT

 

Property and equipment consist of the following:

 

   March 31, 2024   December 31, 2023 
    (Unaudited)      
Shop equipment and machinery  $3,565   $3,565 
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    4,494 
Less: accumulated depreciation and amortization   (4,216)   (4,150)
Property and equipment, net  $278   $344 

 

Depreciation and amortization expense on property and equipment for the three months ended March 31, 2024 and 2023 was $66 and $116, respectively. During the three months ended March 31, 2024 and 2023, $63 and $113, respectively, of the depreciation expense was included in the balance of cost of sales.