v3.26.3
Property, Plant and Equipment, Net
 9 Months Ended
Sep. 30, 2026
Property, Plant, and Equipment [Abstract]  
Property, Plant and Equipment, Net

7. Property, Plant and Equipment, Net

Property, plant and equipment, net, consisted of the following:

 

 

 

September 30,

 

 

December 31,

 

(in thousands)

 

2026

 

 

2025

 

Land

 

$

3,020

 

 

$

3,020

 

Buildings

 

 

50,866

 

 

 

49,913

 

Machinery, equipment and fixtures

 

 

114,224

 

 

 

110,587

 

Computer software

 

 

51,332

 

 

 

55,550

 

Construction in progress

 

 

9,239

 

 

 

17,406

 

Total gross property, plant and equipment

 

 

228,681

 

 

 

236,476

 

Less - accumulated depreciation and amortization

 

 

(79,054

)

 

 

(72,790

)

Total property, plant and equipment, net

 

$

149,627

 

 

$

163,686

 

Depreciation and amortization expense related to property, plant and equipment, net, was $6.1 million and $5.6 million for the three months ended September 30, 2026 and 2025, respectively, and $17.9 million and $16.3 million for the nine months ended September 30, 2026 and 2025, respectively.