v3.26.1
Property, Plant and Equipment, Net
 6 Months Ended
Jun. 30, 2026
Property, Plant, and Equipment [Abstract]  
Property, Plant and Equipment, Net

7. Property, Plant and Equipment, Net

Property, plant and equipment, net, consisted of the following:

 

 

 

June 30,

 

 

December 31,

 

(in thousands)

 

2026

 

 

2025

 

Land

 

$

3,020

 

 

$

3,020

 

Buildings

 

 

50,832

 

 

 

49,913

 

Machinery, equipment and fixtures

 

 

113,143

 

 

 

110,587

 

Computer software

 

 

56,315

 

 

 

55,550

 

Construction in progress

 

 

13,876

 

 

 

17,406

 

Total gross property, plant and equipment

 

 

237,186

 

 

 

236,476

 

Less - accumulated depreciation and amortization

 

 

(83,916

)

 

 

(72,790

)

Total property, plant and equipment, net

 

$

153,270

 

 

$

163,686

 

Depreciation and amortization expense related to property, plant and equipment, net, was $5.9 million and $5.1 million for the three months ended June 30, 2026 and 2025, respectively, and $11.8 million and $10.6 million for the six months ended June 30, 2026 and 2025, respectively.