v3.26.1
Note 4 - Property, Plant and Equipment, Net
 6 Months Ended
Jun. 30, 2026
Notes to Financial Statements  
Property, Plant, and Equipment [Text Block]

Note 4. Property, Plant and Equipment, Net

 

The components of our property, plant and equipment are summarized below (in thousands):

 

  

June 30,

  

December 31,

 
  

2026

  

2025

 

Property, plant and equipment:

        

Machinery and equipment, at cost

 $73,236  $69,909 

Less: accumulated depreciation and amortization

  (49,272)  (47,028)

Building, at cost

  150,580   145,952 

Less: accumulated depreciation and amortization

  (34,653)  (31,577)

Leasehold improvements, at cost

  8,426   8,112 

Less: accumulated depreciation and amortization

  (7,369)  (6,981)

Construction in progress

  33,976   23,473 
  $174,924  $161,860 

 

As of June 30, 2026, the balance of construction in progress was $34.0 million, of which $20.6 million was related to our buildings in our new Dingxing and Kazuo locations, $1.4 million was for manufacturing equipment purchases not yet placed in service and $12.0 million was for construction in progress for our other consolidated subsidiaries. As of December 31, 2025, the balance of construction in progress was $23.5 million, of which $18.3 million was related to our buildings in our Dingxing and Kazuo locations, $1.3 million was for manufacturing equipment purchases not yet placed in service and $3.8 million was for our construction in progress for our other consolidated subsidiaries.