Quarterly report pursuant to Section 13 or 15(d)

Equipment

v3.20.1
Equipment
3 Months Ended
Mar. 31, 2020
Property, Plant and Equipment [Abstract]  
Equipment

NOTE 4 - EQUIPMENT

 

Equipment, stated at cost, less accumulated depreciation consisted of the following:

 

    March 31, 2020     December 31, 2019  
             
Machinery-technology equipment   $ 705     $ 607  
Machinery-technology equipment under construction     13       30  
      718       637  
Less accumulated depreciation     (375 )     (324)  
                 
    $ 343     $ 313  

 

Depreciation expense for the three months ended March 31, 2020 and 2019 was $52 and $29, respectively. As of March 31, 2020, the equipment under construction is approximately 50% complete, and is expected to be completed and placed into service during the year ended December 31, 2020.