Quarterly report [Sections 13 or 15(d)]

Property, Plant and Equipment

v3.26.3
Property, Plant and Equipment
 9 Months Ended
Sep. 30, 2026
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, 2026 December 31, 2025
Land $ 518  $ 518 
Leasehold improvements 2,825  2,624 
Buildings 1,830  1,830 
Machinery, fixtures and equipment 41,612  40,120 
Construction-in-progress 1,624  332 
48,409  45,424 
Less: accumulated depreciation and amortization (32,531) (29,662)
Property, plant and equipment, net $ 15,878  $ 15,762 
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) 2026 2025 2026 2025
Cost of sales $ 801  $ 789  $ 2,372  $ 2,543 
Selling, general and administrative 83  71  250  181 
Total depreciation $ 884  $ 860  $ 2,622  $ 2,724