v3.26.3
Property, Plant & Equipment
 9 Months Ended
Sep. 30, 2026
Property, Plant, and Equipment [Abstract]  
Property, Plant & Equipment Property, Plant & Equipment
Property and equipment, net consisted of the following:

December 31, 2025Currency translation effect IncreaseDecreaseSeptember 30, 2026
Laboratory equipment 27.6(0.9)0.4—27.1
Fixture and installations 1.5———1.4
Computer equipment 2.0(0.1)0.2—2.2
Other property, plant and equipment0.9———0.9
Property, plant, and equipment in progress1.2(0.1)2.7—3.8
Total, gross33.2(1.2)3.3—35.4
Accumulated depreciation of laboratory equipment (19.6)0.7(1.6)—(20.5)
Accumulated depreciation of fixtures and installations(0.3)—(0.1)—(0.4)
Accumulated depreciation of computer equipment (1.6)—(0.1)—(1.7)
Accumulated depreciation of other property, plant and equipment(1.3)———(1.3)
Less accumulated amortization and depreciation(22.9)0.8(1.8)—(23.9)
Total, net 10.4(0.4)1.5—11.5
The increase in Property, Plant & Equipment for $3.3 million is driven by additions relating to ongoing Capacity expansion projects.
The depreciation and amortization expense for September 30, 2026 was $1.8 million.