Quarterly report [Sections 13 or 15(d)]

Property, Plant and Equipment

v3.25.3
Property, Plant and Equipment
 9 Months Ended
Sep. 30, 2025
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, 2025 December 31, 2024
Land $ 518  $ 665 
Leasehold improvements 2,374  2,220 
Buildings 1,830  1,475 
Machinery, fixtures and equipment 39,911  39,038 
Construction-in-progress 551  875 
45,184  44,273 
Less: accumulated depreciation and amortization (29,088) (26,684)
Property, plant and equipment, net $ 16,096  $ 17,589 

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) 2025 2024 2025 2024
Cost of sales $ 789  $ 903  $ 2,543  $ 2,739 
Selling, general and administrative 71  59  181  184 
Total depreciation $ 860  $ 962  $ 2,724  $ 2,923