v3.26.1
Property, Plant and Equipment
6 Months Ended
Jun. 30, 2026
Property, Plant, and Equipment [Abstract]  
Property, Plant and Equipment Property, Plant and Equipment
Property, plant, and equipment, net consists of the following (in thousands):
    Estimated Useful Lives (Years)
June 30,
2026
December 31, 2025
LandN/A$610 $610 
Building and land improvements
5-40
34,255 30,228 
Machinery and equipment
3-5
36,678 23,940 
Furniture and fixtures
3-7
4,954 3,193 
Vehicles
5
125 125 
Software
5-7
1,611 — 
Construction in progress7,221 12,694 
85,454 70,790 
Less: accumulated depreciation(22,189)(17,488)
Property, plant and equipment, net$63,265 $53,302 

Depreciation expense for the three months ended June 30, 2026 and 2025 was $2.7 million and $1.4 million, respectively. During the three months ended June 30, 2026 and 2025, $2.3 million and $1.2 million, respectively, of depreciation expense was allocated to cost of revenue and $0.4 million and $0.2 million, respectively, of depreciation expense was allocated to operating expenses.
Depreciation expense for the six months ended June 30, 2026 and 2025 was $4.9 million and $2.8 million, respectively. During the six months ended June 30, 2026 and 2025, $4.1 million and $2.3 million, respectively, of depreciation expense was allocated to cost of revenue and $0.8 million and $0.5 million, respectively, of depreciation expense was allocated to operating expenses in each period.