Annual report [Section 13 and 15(d), not S-K Item 405]

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

v3.25.0.1
BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 12 Months Ended
Dec. 31, 2024
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,
2024 2023
Cash and cash equivalents
 $ 19,521  $ 26,027 
Restricted cash - current (1)
—  3,128 
Restricted cash - non-current
 1,825  2,150 
Cash, cash equivalents and restricted cash $ 21,346  $ 31,305 
(1)Restricted cash - current primarily relates to the Manassas Mortgage. In April 2024, the lender released the entire $3,128 of current restricted cash to the Company. Consequently, such cash is now unrestricted. 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,
2024 2023
Cash and cash equivalents
 $ 19,521  $ 26,027 
Restricted cash - current (1)
—  3,128 
Restricted cash - non-current
 1,825  2,150 
Cash, cash equivalents and restricted cash $ 21,346  $ 31,305 
(1)Restricted cash - current primarily relates to the Manassas Mortgage. In April 2024, the lender released the entire $3,128 of current restricted cash to the Company. Consequently, such cash is now unrestricted. Refer to Note 10 - Debt for more information.
Schedule of 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,
2024 2023
Buildings and building components $ 89,124  $ 88,527 
Land 12,956  12,956 
Leasehold improvements 47,514  46,660 
Machinery and equipment 23,959  27,050 
Furniture, fixtures and office equipment (including computer) 22,597  21,146 
Construction-in-process 2,533  1,968 
Total property, plant and equipment - gross 198,683  198,307 
Less: Accumulated depreciation (54,620) (39,039)
Total property, plant and equipment - net $ 144,063  $ 159,268