XML 24 R12.htm IDEA: XBRL DOCUMENT
v3.25.3

PROPERTY, PLANT AND EQUIPMENT, NET | 9 Months Ended
--- | ---
Sep. 30, 2025
Property, Plant and Equipment [Abstract] |
PROPERTY, PLANT AND EQUIPMENT | PROPERTY, PLANT AND EQUIPMENT, NET Property, plant and equipment, net consisted of the following:
| September 30, 2025 |  | December 31, 2024
| (In thousands)
Machinery and equipment | $ | 15,277 |  |  | $ | 14,687 |
Vehicles | 573 |  |  | 404 |
Furniture and fixtures | 421 |  |  | 528 |
Computer hardware and software | 1,210 |  |  | 1,218 |
Land | 2,880 |  |  | 2,876 |
Building and leasehold improvements | 9,066 |  |  | 9,078 |
| 29,427 |  |  | 28,791 |
Accumulated depreciation and amortization | (7,239) |  |  | (4,926) |
Property, plant and equipment, net | $ | 22,188 |  |  | $ | 23,865 |
Total depreciation and amortization expense for the assets above in the consolidated statements of operations and comprehensive income (loss) was $903,000 and $326,000 for the three months ended September 30, 2025 and 2024, respectively, and $3.4 million and $883,000 for the nine months ended September 30, 2025 and 2024, respectively. Our Intellectual Property Operations, Manufacturing Operations and parent company include depreciation and amortization in general and administrative expenses. For the three months ended September 30, 2025 and 2024, our Industrial Operations allocated depreciation and amortization, totaling $108,000 and $247,000, respectively, to all applicable operating expense categories, including cost of sales of $103,000 and $96,000, respectively. For the nine months ended September 30, 2025 and 2024, our Industrial Operations allocated depreciation and amortization, totaling $338,000 and $749,000, respectively, to all applicable operating expense categories, including cost of sales of $235,000 and $304,000, respectively.

X
- References No definition available. + Details
Name: | us-gaap_PropertyPlantAndEquipmentAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 360 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/360/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 6 -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-6 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (d) -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 7 -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-7 + Details
Name: | us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration