v3.25.1
5. Government Grants (Tables)
3 Months Ended
Mar. 31, 2025
Government Assistance [Abstract]  
Schedule of Benefits Recognized From Asset-Based Government Grants
The following table presents the benefits recognized from asset-based government grants, net of depreciation and amortization, in our condensed consolidated balance sheets as of March 31, 2025 and December 31, 2024 (in thousands):
Balance Sheet Line ItemMarch 31,
2025
December 31,
2024
Property, plant and equipment, net$146,983 $150,375 
Other assets5,487 5,625 
Schedule of Benefits Recognized From Income-Based Government Grants
The following table presents the benefits recognized from income-based government grants in our condensed consolidated statements of operations for the three months ended March 31, 2025 and 2024 (in thousands):
Three Months Ended
March 31,
Income Statement Line Item20252024
Cost of sales$301,820 $194,427 
Selling, general and administrative33  
Research and development1,844 4,000