v3.26.1
PROPERTY AND EQUIPMENT
 6 Months Ended
Jun. 30, 2026
Property, Plant, and Equipment [Abstract]  
PROPERTY AND EQUIPMENT PROPERTY AND EQUIPMENT
Property and equipment, net consists of the following (in thousands):
As of
June 30, 2026December 31, 2025
Leasehold improvements$10,151 $10,680 
Machinery and equipment15,733 16,315 
Furniture and fixtures395 419 
Computer and software210 216 
Buildings1,145 1,227 
Building Fixtures1,240 1,206 
Land3,155 3,382 
Advances on purchases of property and equipment*634 632 
Total$32,663 $34,077 
Accumulated depreciation(13,445)(12,801)
Total$19,218 $21,276 
*Advances on purchases of property and equipment are payments made before the related asset (such as machinery and equipment) are delivered and are not depreciated until the asset is placed in service.
Depreciation expense related to property and equipment is as follows:
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Total$920 $1,987 $1,802 $3,971