Quarterly report pursuant to Section 13 or 15(d)

Property, Plant and Equipment

v3.24.3
Property, Plant and Equipment
9 Months Ended
Sep. 30, 2024
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment Property, Plant and Equipment
Property, plant and equipment from continuing operations consist of the following:
(in thousands) September 30, 2024 December 31, 2023
Land $ 668  $ 723 
Leasehold improvements 3,087  3,079 
Buildings 1,534  1,534 
Machinery, fixtures and equipment 94,766  93,758 
Construction-in-progress 1,357  1,330 
101,412  100,424 
Less: accumulated depreciation and amortization (74,758) (70,669)
Property, plant and equipment, net $ 26,654  $ 29,755 

The following table sets forth depreciation expense related to property, plant and equipment:
Three Months Ended
September 30,
Nine Months Ended
September 30,
(in thousands) 2024 2023 2024 2023
Cost of sales $ 1,374  $ 1,462  $ 4,290  $ 4,454 
Selling, general and administrative 64  60  199  180 
Total depreciation $ 1,438  $ 1,522  $ 4,489  $ 4,634