Quarterly report pursuant to Section 13 or 15(d)

Property, Plant and Equipment

v3.23.3
Property, Plant and Equipment
 9 Months Ended
Sep. 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) September 30, 2023 December 31, 2022
Land $ 723  $ 723 
Leasehold improvements 3,672  4,114 
Buildings 1,534  1,534 
Machinery, fixtures and equipment 98,323  99,786 
Construction-in-progress 1,181  1,881 
105,433  108,038 
Less: accumulated depreciation and amortization (73,452) (70,993)
Property, plant and equipment, net $ 31,981  $ 37,045 

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) 2023 2022 2023 2022
Cost of sales $ 1,527  $ 1,690  $ 4,643  $ 4,774 
Selling, general and administrative 63  58  190  176 
Total depreciation $ 1,590  $ 1,748  $ 4,833  $ 4,950