Property, Plant and Equipment |
A summary of property, plant, and equipment as of March 29, 2025 and December 31, 2024, is as follows: | | | | | | | | | | | | | | | | | March 29, 2025 | | December 31, 2024 | (in thousands) | | Manufacturing equipment | | $ | 167,274 | | | $ | 165,626 | | Research and development equipment | | 20,816 | | | 20,816 | | Leasehold improvements | | 18,313 | | | 18,165 | | Building | | 28,246 | | | 27,155 | | Finance leases | | 5,475 | | | 5,167 | | Software | | 2,743 | | | 2,742 | | Furniture and fixtures | | 942 | | | 941 | | Vehicles | | 594 | | | 594 | | Land | | 5,457 | | | 5,416 | | Assets not yet placed in service | | 38,635 | | | 38,747 | | Total property, plant and equipment | | $ | 288,495 | | | $ | 285,369 | | Less: accumulated depreciation and amortization | | 107,714 | | | 100,482 | | Property, plant and equipment, net | | $ | 180,781 | | | $ | 184,887 | |
|