Note 4 - Property and Equipment |
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| Property, Plant, and Equipment [Text Block] |
Note 4 - Property and Equipment
Property and equipment consists of:
On June 30, 2026, the Company amended an agreement whereby it was released from an outstanding contractual obligation of approximately $2.7 million and oustanding duties payable of $0.3 million related to the acquisition of manufacturing equipment valued with a cost of approximately $3.0 million. Equipment deposits paid totaling $300,000 are included as a component of other noncurrent assets, pursuant to the terms of the amendment. Further, $38,857 of capital expenditures related were included in accounts payable as of June 30, 2026.
Depreciation expense for the three months ended June 30, 2026 and 2025 was $323,306 and $347,443, respectively. Depreciation expense for the six months ended June 30, 2026 and 2025 was $653,076 and $695,950, respectively.
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