| Schedule of Property and Equipment |
Property
and equipment, net consist of the following:
Schedule of Property and Equipment
| | |
June 30, | | |
December, 31 | |
| | |
2026 | | |
2025 | |
| Land | |
$ | 357,000 | | |
$ | 357,000 | |
| Building | |
| 1,834,000 | | |
| 1,834,000 | |
| Manufacturing equipment | |
| 3,074,000 | | |
| 2,335,000 | |
| Customer equipment | |
| 1,426,000 | | |
| 1,426,000 | |
| Construction in progress | |
| 4,908,000 | | |
| 5,139,000 | |
| Property and equipment, gross | |
| 11,599,000 | | |
| 11,091,000 | |
| Less: accumulated depreciation | |
| (2,941,000 | ) | |
| (2,794,000 | ) |
| Property and equipment, net of depreciation | |
$ | 8,658,000 | | |
$ | 8,297,000 | |
|
| Schedule of Assets Subject to Finance Leases |
Assets
subject to financing leases consist of the following:
Schedule of Assets Subject to Finance Leases
| | |
June 30, | | |
December, 31 | |
| | |
2026 | | |
2025 | |
| Manufacturing equipment | |
$ | 560,000 | | |
$ | 106,000 | |
| Customer equipment | |
| 33,000 | | |
| 33,000 | |
| Construction in progress | |
| 560,000 | | |
| 704,000 | |
| Property and equipment, gross | |
| 1,153,000 | | |
| 843,000 | |
| Less: accumulated depreciation | |
| (28,000 | ) | |
| (15,000 | ) |
| Property and equipment, net of depreciation | |
$ | 1,125,000 | | |
$ | 828,000 | |
|