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Property, Plant and Equipment, Net
6 Months Ended
Jun. 30, 2025
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment, Net Property, Plant and Equipment, Net
Property, plant and equipment, net consists of the following (dollars in thousands):

June 30,December 31,
20252024
(unaudited)(audited)
Building and leasehold improvements$24,110 $27,429 
Machinery and equipment20,033 19,946 
Computer equipment and software19,132 17,814 
Furniture and fixtures2,937 2,949 
Land110 1,547 
Vehicles762 762 
Construction in progress10,336 10,925 
Property, plant, and equipment, gross77,420 81,372 
Less: accumulated depreciation and amortization(28,069)(22,168)
Total property, plant and equipment, net$49,351 $59,204 

The total depreciation expense for internal use software was $2,725 and $4,059 for the three and six months ended June 30, 2025, respectively, and $1,014 and $2,003 for the three and six months ended June 30, 2024, respectively.

All long-lived assets are located in the United States.

Assets Held for Sale
During the second quarter of 2025, management committed to a plan to sell office property located in Salt Lake City, Utah. As of June 30, 2025, the Company reclassified the carrying value of this office property to assets held for sale. The property, including the land, building and improvements had a net carrying value of $4,294 and was previously classified within "Property, plant and equipment, net" on the consolidated balance sheet. On July 17, 2025, the Company entered into an agreement to sell this Salt Lake City property for $5,350, which sale is expected to close in 60 days from the date of the agreement, or September 15, 2025.