v3.26.1
Buildings and Equipment
3 Months Ended
Mar. 31, 2026
Buildings and Equipment  
Buildings and Equipment
4.Buildings and Equipment

At March 31, 2026 and December 31, 2025, the Company’s buildings and equipment were as follows:

  ​ ​ ​

March 31,

  ​ ​ ​

December 31,

In thousands of U.S. Dollars

2026

2025

Buildings

$

25,625

$

2,852

Equipment

 

6,203

 

5,159

Finance Lease Right-of-Use Assets

457

225

 

32,285

 

8,236

Accumulated Depreciation

 

(6,513)

 

(6,398)

Balance

$

25,772

$

1,838

During the three months ended March 31, 2026, the Company’s depreciation expense on buildings and equipment was $0.1 million (March 31, 2025: $0.03 million).