v3.26.1
PROPERTY AND EQUIPMENT, NET
6 Months Ended
Jun. 30, 2026
PROPERTY AND EQUIPMENT, NET  
PROPERTY AND EQUIPMENT, NET

NOTE F – PROPERTY AND EQUIPMENT, NET

Property and equipment, net, consisted of the following (in thousands):

  ​ ​ ​

Useful Life

  ​ ​ ​

  ​ ​ ​

 In Years

June 30, 2026

December 31, 2025

Tooling and equipment

 

5 – 15

$

20,454

$

18,967

Furniture and other equipment

 

3 – 15

 

14,992

 

14,589

Computer software

 

3 – 5

 

1,529

 

1,521

Leasehold improvements

 

2 – 15

 

27,815

 

28,008

 

64,790

 

63,085

Less accumulated depreciation

 

(33,273)

 

(31,079)

$

31,517

$

32,006

Depreciation expense, which includes amortization of equipment under capital lease, amounted to $1.2 million and $1.3 million for the three months ended June 30, 2026 and 2025, respectively. Depreciation expense, which includes amortization of equipment under capital lease, amounted to $2.4 million and $2.7 million for the six months ended June 30, 2026 and 2025, respectively.