v3.26.1
Property, plant, and equipment, net
 6 Months Ended
Jun. 30, 2026
Property, Plant, and Equipment [Abstract]  
Property, plant, and equipment, net Property, plant, and equipment, net
Property, plant, and equipment, net, consists of the following as of:
(in thousands)
June 30, 2026December 31, 2025
Land, buildings and building improvements$77,803 $78,218 
Computer hardware2,618 2,603 
Tooling, machinery and equipment120,631 120,792 
Vehicles699 699 
Lease vehicles1,390 1,390 
Software4,339 4,339 
Construction in process9,429 8,500 
216,909 216,541 
Less: Accumulated depreciation(76,883)(61,238)
$140,026 $155,303 
Depreciation and amortization expense, related to property, plant, and equipment, totaled $8.0 million and $19.8 million for the three months ended June 30, 2026, and 2025, respectively and $16.1 million and $37.3 million for six months ended June 30, 2026 and 2025. For the six months ended June 30, 2026 and 2025, the Company disposed of property, plant, and equipment, with a gross value of approximately $0.7 million and $0.8 million, respectively.
Substantially all of the Company's assets, including property, plant and equipment, are subject to liens under various financing arrangements. See Note 8, Notes Payable, and Note 10, Other Financing Liabilities, for further details.