v3.26.1
Property, Plant and Equipment, Net (Tables)
6 Months Ended
Jun. 30, 2026
Property, Plant and Equipment [Abstract]  
Summary of Property, Plant and Equipment

Property, plant and equipment consist of the following:

 

 

 

June 30,

 

 

December 31,

 

 

Useful

 

 

 

2026

 

 

2025

 

 

life

 

 

 

(In thousands)

 

 

 

 

Construction in progress

 

$

12,265

 

 

$

9,258

 

 

 

 

Buildings

 

 

27,045

 

 

 

27,045

 

 

30 years

 

Machinery and equipment

 

 

212,214

 

 

 

224,619

 

 

3-10 years

 

Computer equipment and software

 

 

7,807

 

 

 

7,760

 

 

3 years

 

Leasehold improvements

 

 

25,557

 

 

 

25,561

 

 

Shorter of useful life or lease term

 

Total

 

 

284,888

 

 

 

294,243

 

 

 

 

Accumulated depreciation

 

 

(201,281

)

 

 

(195,843

)

 

 

 

Property, plant and equipment, net

 

$

83,607

 

 

$

98,400