v3.26.1
Property, plant, and equipment, net
 3 Months Ended
Mar. 31, 2026
Property, Plant and Equipment [Abstract]  
Property, plant, and equipment, net Property, plant and equipment, net
All property, plant and equipment is located in the United States. The following table presents the components of property, plant and equipment:
March 31,
2026		December 31,
2025
Land and land improvements$3,491 $3,491 
Buildings and building improvements82,062 82,021 
Machinery and equipment82,253 82,139 
Computer equipment and software9,064 7,852 
Furniture and fixtures1,422 1,422 
Construction in process7,839 9,539 
Property, plant, and equipment, gross186,131 186,464 
Less: accumulated depreciation
(60,618)(59,160)
Property, plant, and equipment, net$125,513 $127,304 
On January 7, 2025, the Company entered into an agreement for the sale of certain excess equipment. The aggregate purchase price was $17,000. Lifecore received $7,000 cash and paid fees of $752 at closing. Lifecore also accepted a note for the remainder of the proceeds (see note 4) and recorded current and noncurrent payables of $800 and $200, respectively, for selling fees due to a third-party broker. The note and the payables were each cash-settled in June 2025. The sale resulted in a $21,239 reduction in idle construction in process. The Company recorded a loss on the sale of the equipment of $6,400, which is included in loss on sale or disposal of assets, net of portion classified as cost of sales, within the statement of operations.
Depreciation expense for property, plant and equipment for the three months ended March 31, 2026 and February 23, 2025 was $2,310 and $2,076, respectively.