v3.26.1
Property and Equipment
12 Months Ended
Dec. 31, 2025
Property and Equipment  
Property and Equipment

Note 8. Property and Equipment

As of December 31, 2025, and December 31, 2024, property and equipment consisted of the following:

(Amounts in thousands)

  ​ ​ ​

December 31, 2025

  ​ ​ ​

December 31, 2024

Land

$

6,170

$

6,170

Buildings

 

28,693

 

28,925

Auto and trucks

27,945

27,444

Machinery and equipment

329,586

320,007

Assets in progress

4,129

3,950

Office and safety equipment

1,248

1,248

Property and equipment, at cost

397,771

387,744

Less: accumulated depreciation

(290,466)

(271,416)

Property and equipment, net

$

107,305

$

116,328

For the years ended December 31, 2025, December 31, 2024, and December 31, 2023, we recorded depreciation expense of $23.2 million, $22.0 million, and $29.9 million, respectively.