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Property and Equipment (Tables)
12 Months Ended
Dec. 31, 2023
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net

Property and equipment consist of the following (in thousands):

 

 

 

Estimated Useful

 

 

 

 

 

 

Life (Years)

 

 

December 31, 2023

 

 

December 31, 2022

 

Land

 

 

 

 

$

875

 

 

$

875

 

Buildings

 

39-40

 

 

 

17,389

 

 

 

17,389

 

Building improvements

 

5-40

 

 

 

46,357

 

 

 

38,952

 

Machinery and equipment

 

3-15

 

 

 

60,410

 

 

 

58,542

 

Furniture, fixtures and office equipment

 

5-10

 

 

 

3,070

 

 

 

2,976

 

Computer equipment and software

 

 

3

 

 

 

8,658

 

 

 

8,246

 

Construction in progress

 

 

 

 

 

48,997

 

 

 

16,706

 

Total property and equipment

 

 

 

 

 

185,756

 

 

 

143,686

 

Less accumulated depreciation

 

 

 

 

 

(101,536

)

 

 

(98,560

)

Total property and equipment, net

 

 

 

 

$

84,220

 

 

$

45,126