Property, Plant and Equipment

12 Months Ended

Dec. 31, 2025

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

Property, Plant and Equipment

Property, plant, and equipment, net consists of the following (in thousands):

	Estimated Useful Lives (Years)
		December 31,
		2025		2024
Land	N/A	$	610	$	840
Building and land improvements	5-40	30,228		13,687
Machinery and equipment	3-5	23,940		19,958
Furniture and fixtures	3-7	3,193		2,705
Vehicles	5	125		125
Construction in Progress		12,694		3,969
		70,790		41,284
Less: accumulated depreciation		(17,488)		(13,062)
Property, plant and equipment, net		$	53,302	$	28,222

Depreciation expense for the years ended December 31, 2025, 2024 and 2023 was $6.2 million, $5.0 million and $2.6 million, respectively. During the years ended December 31, 2025, 2024 and 2023, $5.2 million, $4.0 million and $2.0 million, respectively, of depreciation expense was allocated to cost of revenue and $1.0 million, $1.0 million and $0.6 million, respectively, of depreciation expense was allocated to operating expenses.