Property and Equipment

3 Months Ended

Mar. 31, 2025

Property, Plant and Equipment [Abstract]

Property and Equipment

Property and Equipment

	March 31, 2025		December 31, 2024
	(in thousands)
Machinery and equipment	$	67,024	$	66,928
Leasehold improvements	19,212		19,193
Vehicles	8,383		8,395
Furniture and fixtures	1,015		1,015
Building	38,779		38,779
Land	11,907		11,907
Computer hardware and software	113		94
Construction in progress	723		431
	147,156		146,742
Less: accumulated depreciation and amortization	(61,001)		(58,760)
Total property and equipment, net	$	86,155	$	87,982

Depreciation and amortization expense is reported within general and administrative expense except for depreciation and amortization expense related to manufacturing facilities and equipment, which is included in cost of goods sold on the accompanying condensed consolidated statements of income.

For the three months ended March 31, 2025 and 2024, depreciation and amortization expense reported within general and administrative expense was $1,132,000 and $1,013,000, respectively, and depreciation and amortization expense reported within cost of goods sold was $1,549,000 and $1,609,000, respectively.