v3.26.3
Note 4 - Property and Equipment
 9 Months Ended
Sep. 30, 2026
Notes to Financial Statements  
Property, Plant, and Equipment [Text Block]

 

Note 4 – Property and Equipment

 

Property and equipment consisted of the following:

 

 

 

September 30,

 

 

December 31,

 

 

 

2026

 

 

2025

 

 

 

 

 

 

 

 

 

 

Office furniture and equipment

 

$

739,068

 

 

$

329,106

 

Lab and production equipment

 

 

2,871,619

 

 

 

2,563,189

 

Computer equipment

 

 

412,461

 

 

 

303,145

 

MR scanner

 

 

1,200,000

 

 

 

1,200,000

 

Leasehold improvements

 

 

1,678,937

 

 

 

1,641,837

 

 

 

 

6,902,085

 

 

 

6,037,277

 

Less: accumulated depreciation and amortization

 

 

(4,960,366

)

 

 

(4,498,817

)

 

 

$

1,941,719

 

 

$

1,538,460

 

 

Depreciation and amortization expense was $141,378 and $177,959 for the three months ended  September 30, 2026 and 2025, respectively. Depreciation and amortization expense was $465,246 and $539,633 for the nine months ended September 30, 2026 and 2025, respectively.