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Property, Plant and Equipment
 12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment
5.
Property, Plant and Equipment

Property, plant and equipment consisted of the following:

 

 

 

December 31,

 

(table only in thousands)

 

2024

 

 

2023

 

Land, building and improvements

 

$

17,788

 

 

$

12,284

 

Machinery and equipment and other

 

 

57,197

 

 

 

33,364

 

Property, plant and equipment, gross

 

 

74,985

 

 

 

45,648

 

Less accumulated depreciation

 

 

(41,175

)

 

 

(19,411

)

Property, plant and equipment, net

 

$

33,810

 

 

$

26,237

 

Depreciation expense was $5.8 million, $5.1 million and $3.6 million for 2024, 2023 and 2022, respectively.