v3.26.1
Property, Plant and Equipment, Net (Tables)
3 Months Ended
Mar. 31, 2026
Property, Plant and Equipment, Net [Abstract]  
Schedule of Details of Property, Plant and Equipment, Net

Details of property, plant and equipment, net as of March 31, 2026, consisted of the following:

in thousands

 

Useful
Lives

 

March 31,
2026

Land

 

n/a

 

$

2,942

 

Buildings, structures and related equipment

 

20 to 40

 

 

2,192

 

Machinery and equipment

 

5 to 11

 

 

1,564

 

Vehicles

 

5 to 7

 

 

135

 

Furniture and fixtures

 

5 to 11

 

 

268

 

Construction in progress

 

n/a

 

 

151

 

Tools and office equipment

 

5 to 11

 

 

305

 

Property, plant, and equipment, gross

     

 

7,557

 

Less: accumulated depreciation

     

 

(114

)

Property, plant, and equipment, net

     

$

7,443

 

Schedule of Property, Plant And Equipment, Net Pledged as Collateral

As of March 31, 2026, the details of property, plant and equipment, net pledged as collateral is as follows:

in thousands

 

Net
Carrying
Value

 

Pledged
Amount

 

Creditor

Land, buildings, machinery and equipment

 

$

5,830

 

$

4,206

 

Industrial Bank of Korea

Land and buildings

 

 

417

 

 

228

 

Hana Bank