Quarterly report [Sections 13 or 15(d)]

Property, Plant and Equipment

v3.25.2
Property, Plant and Equipment
6 Months Ended
Jun. 30, 2025
Property, Plant and Equipment  
Property, Plant and Equipment

6. Property, Plant and Equipment

The Company’s property, plant and equipment consisted of the following:

    

June 30, 2025

    

December 31, 2024

Machinery & equipment

$

2,237

$

1,951

Furniture & fixtures

583

696

Leasehold improvements

2,698

2,124

Construction in progress

157

440

Autos & trucks

96

96

Total cost

5,771

5,307

Less: Accumulated depreciation

(2,879)

(4,295)

Total property, plant and equipment, net

$

2,892

$

1,012

During the three months ended June 30, 2025 and 2024, the Company recognized depreciation expense of $127 and $99, respectively. During the six months ended June 30, 2025 and 2024, the Company recognized depreciation expense of $239 and $203, respectively. Depreciation expense is included in cost of goods sold and depreciation and amortization in the condensed consolidated statements of operations and comprehensive loss.