| Schedule of Property and Equipment |
The components of property and equipment at March 31, 2026 and December 31, 2025 consisted of the following:
| | | March 31,
2026 | | December 31,
2025 | | | | Land | | $ | 313,000 | | | $ | 313,000 | | | | | Buildings and Improvements | | | 2,739,000 | | | | 2,739,000 | | | 31.5 years | | Machinery and Equipment | | | 27,080,000 | | | | 26,953,000 | | | 5 – 8 years | | Tools and Instruments | | | 16,577,000 | | | | 16,278,000 | | | 1.5 – 7 years | | Automotive Equipment | | | 266,000 | | | | 266,000 | | | 5 years | | Furniture and Fixtures | | | 309,000 | | | | 309,000 | | | 5 – 8 years | | Leasehold Improvements | | | 1,139,000 | | | | 1,139,000 | | | Term of lease | | Computers and Software | | | 705,000 | | | | 705,000 | | | 4 – 6 years | | Total Property and Equipment | | | 49,128,000 | | | | 48,702,000 | | | | | Less: Accumulated Depreciation | | | (39,913,000 | ) | | | (39,201,000 | ) | | | | Property and Equipment, net | | $ | 9,215,000 | | | $ | 9,501,000 | | | |
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The components of property and equipment at December 31, consisted of the following:
| | | December 31,
2025 | | December 31,
2024 | | | | Land & Improvements | | $ | 313,000 | | | $ | 300,000 | | | | | Buildings and Improvements | | | 2,739,000 | | | | 2,739,000 | | | 31.5 years | | Machinery and Equipment | | | 26,953,000 | | | | 25,592,000 | | | 5 – 8 years | | Tools and Instruments | | | 16,278,000 | | | | 15,238,000 | | | 1.5 – 7 years | | Automotive Equipment | | | 266,000 | | | | 266,000 | | | 5 years | | Furniture and Fixtures | | | 309,000 | | | | 309,000 | | | 5 – 8 years | | Leasehold Improvements | | | 1,139,000 | | | | 1,139,000 | | | Term of lease | | Computers and Software | | | 705,000 | | | | 605,000 | | | 4 – 6 years | | Total Property and Equipment | | | 48,702,000 | | | | 46,188,000 | | | | | Less: Accumulated Depreciation | | | (39,201,000 | ) | | | (37,379,000 | ) | | | | Property and Equipment, net | | $ | 9,501,000 | | | $ | 8,809,000 | | | |
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