v3.26.1
Property, Plant and Equipment, Net
 6 Months Ended
Jun. 30, 2026
Property, Plant, and Equipment [Abstract]  
Property, Plant and Equipment, Net Property, Plant and Equipment, Net
The following table provides information about Property, plant and equipment, net balances:
Estimated Useful lives
June 30, 2026
December 31, 2025
Equipment
5
-10 years$117,652 $79,272 
Furniture
5
-10 years4,039 3,149 
Leasehold improvementsLesser of useful life/
remaining lease		14,405 14,146 
Tooling
2
-3 years17,850 16,192 
Construction in progress (“CIP”)
69,073 36,644 
     Total223,019 149,403 
Less: Accumulated depreciation (45,566)(34,988)
Total property, plant and equipment, net$177,453 $114,415 
Depreciation expense related to property, plant and equipment was $5,978 and $2,910 for the three months ended June 30, 2026 and 2025, and $11,281 and $5,566 for the six months ended June 30, 2026 and 2025, respectively.
The Company recorded a loss from write-down of property, plant and equipment of $5 and $205 for the three months ended June 30, 2026 and 2025, and $76 and $766 for the six months ended June 30, 2026 and 2025, respectively.
For the three and six months ended June 30, 2026, capitalized interest costs recognized was $1,717 and $2,741, respectively. For the three and six months ended June 30, 2025, capitalized interest costs recognized was $357.