Quarterly report pursuant to Section 13 or 15(d)

Property, Plant and Equipment

v3.23.2
Property, Plant and Equipment
6 Months Ended
Jun. 30, 2023
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) June 30, 2023 December 31, 2022
Land $ 723  $ 723 
Leasehold improvements 3,651  4,114 
Buildings 1,534  1,534 
Machinery, fixtures and equipment 100,670  99,786 
Construction-in-progress 2,190  1,881 
108,768  108,038 
Less: accumulated depreciation and amortization (74,404) (70,993)
Property, plant and equipment, net $ 34,364  $ 37,045 

The following table sets forth depreciation expense related to property, plant and equipment:
Three Months Ended June 30, Six Months Ended
June 30,
(in thousands) 2023 2022 2023 2022
Cost of sales $ 1,536  $ 1,562  $ 3,115  $ 3,083 
Selling, general and administrative 96  59  128  118 
Total depreciation $ 1,632  $ 1,621  $ 3,243  $ 3,201