Annual report pursuant to Section 13 and 15(d)

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

v3.24.1
BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 12 Months Ended
Dec. 31, 2023
Accounting Policies [Abstract]  
Schedule of Cash and Cash Equivalents
The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within the consolidated balance sheets that sum to the total of the same such amounts shown in the consolidated statements of cash flows:
As of December 31,
2023 2022 2021
Cash and cash equivalents
 $ 26,027  $ 26,196  $ 94,962 
Restricted cash - current (1)
3,128  —  — 
Restricted cash - non-current (1)
2,150  950  525 
Cash, cash equivalents and restricted cash $ 31,305  $ 27,146  $ 95,487 
(1)Restricted cash primarily relates to the Manassas Mortgage. Refer to Note 10 - Debt for more information.
Schedule of Restricted Cash
The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within the consolidated balance sheets that sum to the total of the same such amounts shown in the consolidated statements of cash flows:
As of December 31,
2023 2022 2021
Cash and cash equivalents
 $ 26,027  $ 26,196  $ 94,962 
Restricted cash - current (1)
3,128  —  — 
Restricted cash - non-current (1)
2,150  950  525 
Cash, cash equivalents and restricted cash $ 31,305  $ 27,146  $ 95,487 
(1)Restricted cash primarily relates to the Manassas Mortgage. Refer to Note 10 - Debt for more information.
Components of Property, Plant and Equipment Depreciation is recognized on a straight-line basis over the following periods:
Buildings and building components
7 - 30 years
Leasehold improvements
The lesser of the term of the lease or the estimated useful life of the asset: 1 - 28 years
Machinery and equipment
1 - 10 years
Furniture, fixtures and office equipment (including computer)
2 - 7 years
Finance lease ROU assets - buildings
14 - 28 years
Finance lease ROU assets - machinery and equipment
3 - 5 years
The components of property, plant and equipment (“PPE”) are as follows:
As of December 31,
2023 2022
Buildings and building components $ 88,527  $ 80,697 
Land 12,956  14,085 
Leasehold improvements 46,660  43,472 
Machinery and equipment 27,050  27,615 
Furniture, fixtures and office equipment (including computer) 21,146  16,126 
Construction-in-process 1,968  20,086 
Total property, plant and equipment - gross 198,307  202,081 
Less: Accumulated depreciation (39,039) (24,326)
Total property, plant and equipment - net $ 159,268  $ 177,755