Property, Plant, and Equipment

12 Months Ended

Dec. 31, 2024

Property, Plant and Equipment [Abstract]

Property, Plant, and Equipment

Property, Plant, and Equipment

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

	December 31,
	2024		2023
Land	$	8,711	$	8,805
Buildings	38,878		34,117
Building improvements	46,496		44,992
Leasehold improvements	21,642		19,611
Computer hardware and software	57,791		55,154
Manufacturing test equipment	45,523		36,182
Furniture and fixtures	6,468		7,361
	225,509		206,222
Less: accumulated depreciation	(127,064)		(100,373)
	$	98,445	$	105,849

The Company disposed of property, plant, and equipment with a cost basis of $9,580,000 and accumulated depreciation of $9,492,000 in 2024, resulting in a loss of $88,000. The Company disposed of property, plant, and equipment with a cost basis of $12,421,000 and accumulated depreciation of $12,184,000 in 2023, net of proceeds of $8,000, resulting in a loss of $229,000.