PROPERTY, PLANT AND EQUIPMENT

3 Months Ended

Mar. 31, 2026

Property, Plant and Equipment [Abstract]


5. PROPERTY, PLANT AND EQUIPMENT

The components of property, plant and equipment (“PPE”) are as follows:


	March 31, 2026 (unaudited)		December 31, 2025
Buildings and building components	$	91,260	$	91,225
Land	12,956		12,956
Leasehold improvements	57,984		55,775
Machinery and equipment	24,886		24,946
Furniture, fixtures and office equipment	24,267		23,769
Construction-in-process	3,848		4,808
Total property, plant and equipment - gross	215,201		213,479
Less: Accumulated depreciation	(73,925)		(70,158)
Total property, plant and equipment - net	$	141,276	$	143,321

Construction-in-process represents assets under construction for manufacturing and retail build-outs not yet ready for use.

Depreciation was $4,010 and $4,502 for the three months ended March 31, 2026 and 2025, respectively. Interest expense capitalized to PPE totaled $93 and $62 for the three months ended March 31, 2026 and 2025, respectively.