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

4. PROPERTY AND EQUIPMENT

 

Property and equipment is summarized as follows:

  June 30, 2026     
  (unaudited)  

December 31, 2025

 

Production assets

 $3,474,705  $3,189,142 

Computer equipment and software

  1,109,182   1,079,294 

Lab equipment

  3,614,190   3,585,835 

Office furniture and fixtures

  1,484,913   1,484,913 

Leasehold improvements

  171,257   171,257 

Construction in progress

  72,429   148,520 
   9,926,676   9,658,961 

Less accumulated depreciation

  (7,575,166)  (6,929,650)
  $2,351,510  $2,729,311 

 

Depreciation and amortization expense was $664,082 and $589,803 for the six months ended June 30, 2026 and 2025, respectively. Depreciation and amortization expense was $337,451 and $286,575 for the three months ended June 30, 2026 and 2025, respectively.