Quarterly report pursuant to Section 13 or 15(d)

Property, Plant and Equipment, Net (Tables)

v3.24.3
Property, Plant and Equipment, Net (Tables)
 9 Months Ended
Sep. 30, 2024
Property, Plant and Equipment [Abstract]  
Schedule of Property, Plant and Equipment, Net
Estimated useful lives are as follows:

Estimated Useful Lives
Land —
Building and Leasehold improvements
5 - 39 years
Computer equipment and software
3 years
Machinery and equipment
5 - 15 years
Vehicles
5 years
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