v3.25.2
Property and Equipment
 6 Months Ended
Jun. 30, 2025
Property, Plant and Equipment [Abstract]  
Property and Equipment Property and Equipment
Property and equipment are as follows (in thousands):
June 30, 2025December 31, 2024
Land$886 $886 
Land improvements520 520 
Buildings and leasehold improvements6,682 5,722 
Machinery and equipment8,661 8,524 
Leased equipment14,475 — 
Furniture and fixtures520 520 
Transportation equipment805 790 
Computer equipment and software1,570 1,531 
   Property and equipment34,119 18,493 
Less accumulated depreciation(12,896)(12,315)
Property and equipment, net$21,223 $6,178 
Leased equipment (See Note 3, “Asset Acquisition”) has an estimated useful life of ten years.
Depreciation expense totaled $0.4 million and $0.2 million for the three months ended June 30, 2025 and 2024, respectively.Depreciation expense totaled $0.6 million and $0.4 million for the six months ended June 30, 2025 and 2024, respectively.