Property and Equipment (Tables)

12 Months Ended

Dec. 31, 2024

Property, Plant and Equipment [Abstract]

Property and Equipment, Net

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

	Estimated Useful Life (Years)		December 31, 2024			December 31, 2023
Land		—	$	875		$	875
Buildings	39-40			17,389			17,389
Building improvements(1)	5-40			90,813			46,357
Machinery and equipment	3-15			64,879			60,410
Furniture, fixtures and office equipment	5-10			3,122			3,070
Computer equipment and software		3		8,814			8,658
Construction in progress(1)		—		6,149			48,997
Total property and equipment				192,041			185,756
Less accumulated depreciation				(106,676	)		(101,536	)
Total property and equipment, net			$	85,365		$	84,220

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(2)During the year ended December 31, 2024, the Company transferred $43.5 million from construction in progress to building improvements for assets placed in service related to the expansion of the Company's manufacturing facility.