v3.26.1
Note 4 - Property and Equipment
 6 Months Ended
Jun. 30, 2026
Notes to Financial Statements  
Property, Plant, and Equipment [Text Block]

 

Note 4 – Property and Equipment

 

Property and equipment consisted of the following:

 

 

 

June 30,

 

 

December 31,

 

 

 

2026

 

 

2025

 

 

 

 

 

 

 

 

 

 

Office furniture and equipment

 

$

680,168

 

 

$

329,106

 

Lab and production equipment

 

 

3,029,386

 

 

 

2,563,189

 

Computer equipment

 

 

362,738

 

 

 

303,145

 

MR scanner

 

 

1,200,000

 

 

 

1,200,000

 

Leasehold improvements

 

 

1,641,837

 

 

 

1,641,837

 

 

 

 

6,914,129

 

 

 

6,037,277

 

Less: accumulated depreciation and amortization

 

 

(4,822,685

)

 

 

(4,498,817

)

 

 

$

2,091,444

 

 

$

1,538,460

 

 

Depreciation and amortization expense was $149,358 and $178,313 for the three months ended  June 30, 2026 and 2025, respectively. Depreciation and amortization expense was $323,868 and $361,674 for the six months ended June 30, 2026 and 2025, respectively.