v3.26.1
PROPERTY AND EQUIPMENT
 6 Months Ended
Jun. 30, 2026
PROPERTY AND EQUIPMENT [Abstract]  
PROPERTY AND EQUIPMENT
4.
PROPERTY AND EQUIPMENT
 
Property and equipment and related accumulated depreciation are summarized as follows:
 
         
     June 30,
2026 		     December 31,
2025 		 
(In thousands)
         
Manufacturing and laboratory equipment
 $29,940   $28,119 
Office equipment and computer software
  6,307    6,307 
Furniture and fixtures
  5,635    5,614 
Construction in process
  10,816    8,457 
Leasehold improvements
  15,046    14,983 
Land
  13,039    13,039 
Buildings and building improvements
  27,601    26,886 
    108,384    103,405 
Less: Accumulated depreciation
  (41,720)    (38,348) 
Total property and equipment, net
 $66,664   $65,057 
 
The Company recorded depreciation expense on property and equipment for the three and six months ended June 30, 2026 of $1.7 million and $3.5 million, respectively, and $2.0 million and $4.0 million for the three and six months ended June 30, 2025, respectively.