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Property, Plant, and Equipment
12 Months Ended
Dec. 31, 2025
Property, Plant and Equipment [Abstract]  
Property, Plant, and Equipment Property, Plant, and Equipment
Property, plant, and equipment consisted of the following (in thousands):
December 31,
20252024
Land$8,018 $8,711 
Buildings36,626 38,878 
Building improvements42,580 46,496 
Leasehold improvements22,702 21,642 
Computer hardware and software60,218 57,791 
Manufacturing test equipment49,465 45,523 
Furniture and fixtures6,406 6,468 
226,015 225,509 
Less: accumulated depreciation(140,000)(127,064)
$86,015 $98,445 
In December 2025, the Company sold the 19,000 square-foot building adjacent to our corporate headquarters and the underlying land for $6,704,000. This building was previously used as a training center for our sales function. Our new training center will be located inside our corporate headquarters. In connection with the sale, the Company disposed of property, plant, and equipment with a cost basis of $6,044,000 and accumulated depreciation of $4,393,000, which resulted in a $5,053,000 gain on the sale of assets and is included in "Other income (expense)" on the Consolidated Statements of Operations.
The Company also disposed of additional property, plant, and equipment with a cost basis of $5,811,000 and accumulated depreciation of $5,647,000 in 2025, resulting in a loss of 164,000. The Company disposed of property, plant, and equipment with a cost basis of $9,580,000 and accumulated depreciation of $9,492,000 in 2024, resulting in a loss of $88,000.