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PROPERTY AND EQUIPMENT, NET
 6 Months Ended
Jun. 30, 2026
Property, Plant, and Equipment [Abstract]  
PROPERTY AND EQUIPMENT, NET PROPERTY AND EQUIPMENT, NET
The Company’s property and equipment, net, at June 30, 2026 and December 31, 2025 was comprised of the following (in thousands):
June 30,
2026		December 31,
2025
Land$6,151 $6,151 
Buildings and building improvements56,810 56,770 
Tenant improvements30,993 30,980 
Furniture and fixtures2,208 2,208 
Machinery and equipment20,711 19,843 
Construction in progress196 565 
117,069 116,517 
Less: accumulated depreciation(30,658)(27,132)
Property and equipment, net$86,411 $89,385 

The Company recorded depreciation expense related to property and equipment of $2.3 million and $2.1 million in the three months ended June 30, 2026 and 2025, respectively, and $4.5 million and $3.9 million in the six months ended June 30, 2026 and 2025, respectively.