Quarterly report pursuant to Section 13 or 15(d)

Property, Plant and Equipment

v3.22.1
Property, Plant and Equipment
 3 Months Ended
Mar. 31, 2022
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment Property, Plant and Equipment
Property, plant and equipment consist of the following:
(in thousands) March 31, 2022 December 31, 2021
Land $ 723  $ 723 
Leasehold improvements 4,641  4,641 
Buildings 53  53 
Machinery, fixtures and equipment 110,331  110,127 
Construction-in-progress 2,803  1,900 
118,551  117,444 
Less: accumulated depreciation and amortization (75,831) (73,724)
Property, plant and equipment, net $ 42,720  $ 43,720 

The following table sets forth depreciation expense related to property, plant and equipment:
Three Months Ended March 31,
(in thousands) 2022 2021
Cost of sales $ 2,054  $ 1,734 
Selling, general and administrative 62  83 
Total depreciation $ 2,116  $ 1,817