Quarterly report [Sections 13 or 15(d)]

PROPERTY AND EQUIPMENT, NET (Tables)

v3.25.1
PROPERTY AND EQUIPMENT, NET (Tables)
3 Months Ended
Mar. 31, 2025
Property, Plant and Equipment [Abstract]  
Schedule of Property and Equipment, Net
The Company’s property and equipment, net, at March 31, 2025 and December 31, 2024 was comprised of the following (in thousands):
March 31,
2025
December 31,
2024
Land $ 6,151  $ 6,151 
Buildings and building improvements 57,175  55,833 
Tenant improvements 31,257  31,894 
Furniture and fixtures 2,208  2,225 
Machinery and equipment 19,467  19,629 
Construction in progress 105  80 
116,363  115,812 
Less: accumulated depreciation (21,971) (21,645)
Property and equipment, net $ 94,392  $ 94,167