v3.26.1
Property, Plant, and Equipment (Tables)
6 Months Ended
Jun. 30, 2026
Property, Plant, and Equipment [Abstract]  
Schedule of Property, Plant, and Equipment
The following table summarizes the key classifications of property, plant, and equipment included in the condensed consolidated balance sheets:
June 30,December 31,
$ in thousands20262025
Furniture and equipment$94 $132 
La Porte Demonstration Facility— 13,484 
Assets acquired under finance lease— 45 
Construction-in-progress23,321 20,062 
Total property, plant, and equipment, gross23,415 33,723 
Accumulated depreciation and amortization(23)(965)
Total property, plant, and equipment, net$23,392 $32,758 
The following table presents the Company’s depreciation and amortization expense for the following periods:
Three Months Ended June 30,Six Months Ended June 30,
$ in thousands2026202520262025
Depreciation and amortization expense
$724 $4,627 $1,451 $9,374