v3.26.1
PROPERTY AND EQUIPMENT, NET
 3 Months Ended
Mar. 31, 2026
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT, NET

7. PROPERTY AND EQUIPMENT, NET

 

Property and equipment consisted of the following:

Schedule of property and equipment          
   March 31, 2026   December 31, 2025 
Machinery and equipment  $598,000   $648,000 
Leasehold improvements, furniture and equipment   304,000    304,000 
Gross property and equipment   902,000    952,000 
Less: accumulated depreciation and amortization   (801,000)   (793,000)
Property and equipment, net  $101,000   $159,000 

 

During the three months ended March 31, 2026, the Company received an equipment-related government grant of $49,000, which was recorded as a reduction of the carrying amount of the related property, plant and equipment.

 

Depreciation and amortization expenses related to property and equipment were $8,000 and $20,000 for the three months ended March 31, 2026, and 2025, respectively.