Note 9 - Property, Plant and Equipment, Net

12 Months Ended

Dec. 31, 2024

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

9. PROPERTY, PLANT AND EQUIPMENT, NET

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

	December 31,
	2024			2023
Land	$	115		$	348
Buildings and improvements		19,385			15,286
Machinery and equipment		99,747			98,527
Construction in progress		5,243			1,567
		124,490			115,728
Accumulated depreciation		(76,611	)		(79,195	)
Property, plant and equipment, net	$	47,879		$	36,533

Depreciation expense for the years ended December 31, 2024, 2023 and 2022 was $9.9 million, $8.6 million and $8.9 million, respectively. At December 31, 2024 and December 31, 2023, a total of $2.1 million and $1.3 million, respectively, of property was classified as assets held for sale on the accompanying consolidated balance sheet related to several buildings in Zhongshan, PRC and Glen Rock, Pennsylvania.