Quarterly report [Sections 13 or 15(d)]

Property, Plant and Equipment

v3.25.2
Property, Plant and Equipment
6 Months Ended
Jun. 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) June 30, 2025 December 31, 2024
Land $ 518  $ 665 
Leasehold improvements 2,343  2,220 
Buildings 1,720  1,475 
Machinery, fixtures and equipment 39,126  39,038 
Construction-in-progress 733  875 
44,440  44,273 
Less: accumulated depreciation and amortization (28,198) (26,684)
Property, plant and equipment, net $ 16,242  $ 17,589 

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) 2025 2024 2025 2024
Cost of sales $ 838  $ 923  $ 1,760  $ 1,836 
Selling, general and administrative 43  62  110  125 
Total depreciation $ 881  $ 985  $ 1,870  $ 1,961