v3.26.1
Property, Plant, and Equipment (Tables)
3 Months Ended
Mar. 31, 2026
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment
The following table summarizes the key classifications of property, plant, and equipment included in the condensed consolidated balance sheets:
March 31,December 31,
$ in thousands20262025
La Porte Demonstration Facility$13,484 $13,484 
Furniture and equipment132 132 
Assets acquired under finance lease45 45 
Construction-in-progress28,590 20,062 
Total property, plant, and equipment, gross42,251 33,723 
Accumulated depreciation and amortization (1)
(1,690)(965)
Total property, plant, and equipment, net$40,561 $32,758 
The following table presents the Company’s depreciation and amortization expense for the following periods:
Three Months Ended March 31,
$ in thousands20262025
Depreciation and amortization expense
$725 $4,735