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 | | | | | |
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