v3.26.1
Property and Equipment, Net
 3 Months Ended
Mar. 31, 2026
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net Property and Equipment, Net
Property and equipment, net consists of the following as of the periods presented:
(in thousands)March 31,
2026		December 31,
2025
Land$1,090 $731 
Building62,085 60,679 
Leasehold improvements18,405 18,060 
Processing equipment17,098 16,572 
Furniture and equipment10,889 10,850 
Projects in process1,425 1,241 
Finance lease right-of-use assets80 80 
Property and equipment, at cost111,072 108,213 
Less: accumulated depreciation
(28,034)(26,430)
Property and equipment, net$83,038 $81,783 

Depreciation expense is as follows for the periods presented:

Three Months Ended March 31,
(in thousands)20262025
Depreciation expense$1,604 $1,728