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

(2) Property, Plant and Equipment

Property, plant and equipment at December 31, 2024 and 2023 consist of the following:

 

 

 

2024

 

 

2023

 

 

Estimated
useful lives

Land

 

$

2,755

 

 

$

2,765

 

 

 

Buildings and improvements

 

 

21,124

 

 

 

21,088

 

 

10 to 40 years

Machinery and equipment

 

 

146,662

 

 

 

148,912

 

 

3 to 25 years

Office furniture, fixtures and equipment

 

 

5,201

 

 

 

10,622

 

 

3 to 10 years

Automotive equipment

 

 

1,039

 

 

 

1,247

 

 

5 to 20 years

Construction in progress

 

 

2,299

 

 

 

10,553

 

 

 

Total gross value

 

 

179,080

 

 

 

195,187

 

 

 

Less accumulated depreciation

 

 

(120,911

)

 

 

(120,627

)

 

 

Total net value

 

$

58,169

 

 

$

74,560

 

 

 

 

 

 

 

 

 

 

 

 

Domestic

 

$

54,643

 

 

$

69,615

 

 

 

International

 

 

3,526

 

 

 

4,945

 

 

 

Total net value

 

$

58,169

 

 

$

74,560

 

 

 

 

For the years ended December 31, 2024, 2023 and 2022, the Company’s aggregate depreciation expense related to property, plant and equipment was $8,983, $8,352 and $7,974, respectively. For the years ended December 31, 2024, 2023 and 2022, the Company disposed fully depreciated assets in the amount of $876, $4,056 and $416, respectively. For the year ended December 31, 2024, the Company recorded an impairment relating to its investment in its SIMPAS assets in the amount of $14,020. There were no impairment charges in 2023 and 2022. Interest capitalized amounted to $396, $567 and $317 for the years ended December 31, 2024, 2023 and 2022, respectively.