v3.26.1
Property and Equipment (Tables)
12 Months Ended
Dec. 31, 2025
Property, Plant and Equipment [Abstract]  
Schedule of Property and Equipment

Property and equipment consisted of the following as of December 31, 2025 and 2024:

 

 

 

December 31,
2025

 

 

December 31,
2024

 

 

 

(in thousands)

 

Land and buildings

 

$

6,611

 

 

$

 

Machinery and equipment (7-10 year assets)

 

 

85,729

 

 

 

59,669

 

Vehicles (5 year assets)

 

 

265

 

 

 

48

 

Office furniture and equipment (5-7 year assets)

 

 

1,435

 

 

 

1,253

 

Computer systems (3 year assets)

 

 

2,941

 

 

 

2,532

 

Leasehold improvements (life tied to lease duration)

 

 

18,840

 

 

 

14,201

 

Construction in process

 

 

18,972

 

 

 

10,129

 

Total property and equipment

 

 

134,793

 

 

 

87,832

 

Less accumulated depreciation

 

 

(39,384

)

 

 

(26,952

)

Property and equipment, net

 

$

95,409

 

 

$

60,880