Quarterly report pursuant to Section 13 or 15(d)

Property, Plant and Equipment, Net

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Property, Plant and Equipment, Net
 9 Months Ended
Sep. 30, 2024
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment, Net Property, Plant and Equipment, Net
Property, plant and equipment, net consists of the following (dollars in thousands, unaudited):

September 30, December 31,
2024 2023
Building and leasehold improvements $ 30,534  $ 29,098 
Machinery and equipment 20,755  18,856 
Computer equipment and software 16,602  6,847 
Furniture and fixtures 2,914  2,856 
Land 1,547  1,547 
Vehicles 762  889 
Construction in progress 12,313  21,602 
Property, plant, and equipment, gross 85,427  81,695 
Less: accumulated depreciation and amortization (20,757) (13,369)
Total property, plant and equipment, net $ 64,670  $ 68,326 

The total depreciation expense for internal use software was $1,285 and $3,288 for the three and nine months ended September 30, 2024, respectively and $440 and $971 for the three and nine months ended September 30, 2023, respectively.

Substantially all long-lived assets are located in the United States.