Quarterly report pursuant to Section 13 or 15(d)

PROPERTY, PLANT AND EQUIPMENT

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PROPERTY, PLANT AND EQUIPMENT
9 Months Ended
Sep. 30, 2021
PROPERTY, PLANT AND EQUIPMENT  
PROPERTY, PLANT AND EQUIPMENT, NET

NOTE 3. – PROPERTY, PLANT, AND EQUIPMENT, NET

Property, plant, and equipment, net at September 30, 2021 and December 31, 2020 consisted of the following:

September 30, 

December 31, 

    

Useful Life

    

2021

    

2020

Land

$

1,665

$

Building and leasehold improvements

7 to 40 years

309

123

Manufacturing equipment

3 to 10 years

5,539

4,893

Office furniture, fixtures and equipment

5 years

 

129

 

20

Laboratory equipment

5 years

 

198

 

117

Construction in progress

42

 

 

Less: accumulated depreciation

  

 

(3,128)

 

(2,670)

Property, plant and equipment, net

  

$

4,754

$

2,483

Depreciation expense was $173 and $461 for the three and nine months ended September 30, 2021 ($160 and $473 for the three and nine months ended September 30, 2020).