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PROPERTY, PLANT AND EQUIPMENT, NET
 6 Months Ended
Jun. 30, 2025
Property, Plant and Equipment [Abstract]  
PROPERTY, PLANT AND EQUIPMENT PROPERTY, PLANT AND EQUIPMENT, NET
Property, plant and equipment, net consisted of the following:
June 30, 2025December 31, 2024
(In thousands)
Machinery and equipment$13,467 $14,687 
Vehicles525 404 
Furniture and fixtures818 528 
Computer hardware and software2,938 1,218 
Land2,883 2,876 
Building and leasehold improvements8,941 9,078 
29,572 28,791 
Accumulated depreciation and amortization(6,821)(4,926)
Property, plant and equipment, net$22,751 $23,865 
Total depreciation and amortization expense in the consolidated statements of operations and comprehensive income (loss) was $1.2 million and $277,000 for the three months ended June 30, 2025 and 2024, respectively and $2.5 million and $557,000 for the six months ended June 30, 2025 and 2024, respectively. Our Intellectual Property Operations and parent company include depreciation and amortization in general and administrative expenses. Our Manufacturing Operations include $1.1 million and $2.1 million of depreciation and amortization in general and administrative expenses for the three and six months ended June 30, 2025, respectively. For the three months ended June 30, 2025 and 2024, our Industrial Operations allocated depreciation and amortization, totaling $113,000 and $250,000, respectively, to all applicable operating expense categories, including cost of sales of $69,000 and $294,000, respectively. For the six months ended June 30, 2025 and 2024, our Industrial Operations allocated depreciation and amortization, totaling $230,000 and $502,000, respectively, to all applicable operating expense categories, including cost of sales of $161,000 and $208,000, respectively.