v3.26.1
PROPERTY AND EQUIPMENT, NET
3 Months Ended
Mar. 31, 2026
Property, Plant, and Equipment [Abstract]  
PROPERTY AND EQUIPMENT, NET

NOTE 4 – PROPERTY AND EQUIPMENT, NET

Property and equipment, net consisted of the following (in thousands):

   March 31,
2026
   December 31,
2025
 
   (in thousands) 
Property and equipment, net:        
Land  $8,011   $8,011 
Land improvements   305    305 
Buildings   25,286    25,096 
Office furniture and equipment   2,230    2,014 
Laboratory equipment   15,436    14,849 
Leasehold improvements   203    203 
Property and equipment gross   51,471    50,478 
Less: Accumulated depreciation and amortization   (6,577)   (6,022)
Property and equipment, net  $44,894   $44,456