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Property, Plant and Equipment
12 Months Ended
Dec. 31, 2022
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment

Note 9 – Property, Plant and Equipment

 

Property, plant and equipment consists of the following:

 

 

 

 

 

December 31,

 

 

 

 

2022

 

 

 

2021

 

 

 

 

 

 

 

 

 

 

Buildings and improvements

 

 

$

162

 

 

 

$

162

 

Leasehold improvements

 

 

 

4,072

 

 

 

 

3,954

 

Machinery and equipment

 

 

 

37,468

 

 

 

 

33,808

 

Software

 

 

 

8,744

 

 

 

 

8,560

 

Construction in process

 

 

 

4,969

 

 

 

 

401

 

Total cost

 

 

 

55,415

 

 

 

 

46,885

 

Less: Accumulated depreciation and amortization

 

 

 

(32,167

)

 

 

 

(28,649

)

Total property, plant and equipment, net

 

 

$

23,248

 

 

 

$

18,236

 

 

Depreciation expense for the years ended December 31, 2022 and 2021 was $3,519 and $3,658, respectively.