v3.26.1
PROPERTY, PLANT AND EQUIPMENT
 12 Months Ended
Dec. 31, 2025
Property, Plant and Equipment [Abstract]  
PROPERTY, PLANT AND EQUIPMENT

NOTE 4: PROPERTY, PLANT AND EQUIPMENT

 

Net property, plant and equipment consisted of the following:

           
  

December 31,

2025

  

December 31,

2024

  

Range of

Asset Lives

Leasehold improvements  $2,439   $2,316   lease term
Equipment   6,818    5,790   2 - 30 years
Furniture, computers and office equipment   111    30   2 - 8 years
Construction in progress   213    253   –
              
Total property, plant and equipment   9,581    8,389    
Less: Accumulated depreciation and amortization   (5,939)   (5,598)   
Property, plant and equipment, net  $3,642   $2,791    

 

Depreciation and amortization expense included in cost of sales in the accompanying consolidated statements of operations was $504 and $459 for the years ended December 31, 2025, and 2024, respectively. Depreciation and amortization expense excluded from cost of sales in the accompanying consolidated statements of operations was $65 and $53 for the years ended December 31, 2025, and 2024, respectively.

 

Construction in progress represents assets that are not ready for service or are in the construction stage. Assets are depreciated once they are placed into service.