v3.25.4
BALANCE SHEET COMPONENTS
12 Months Ended
Dec. 31, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
BALANCE SHEET COMPONENTS BALANCE SHEET COMPONENTS
Details of certain balance sheet items are presented below (in thousands):
December 31, 2025December 31, 2024
Inventories:
Raw materials and manufacturing supplies$74,844 $65,872 
Work in process693 286 
Finished goods64,097 50,189 
Total inventories$139,634 $116,347 
Prepaid Expenses and Other Current Assets:
Advance to vendors$346 $2,471 
Prepaid insurance4,936 3,667 
Prepaid value-added taxes1,442 2,552 
Income tax receivable22,876 11,091 
Other4,449 3,392 
Total prepaid expenses and other current assets$34,049 $23,173 
Property, Plant and Equipment:
Buildings$4,547 $3,912 
Leasehold improvements4,666 2,975 
Furniture and fixtures608 584 
Machinery and equipment101,821 74,406 
Vehicles4,704 4,317 
Construction in progress10,287 9,721 
Total property, plant and equipment, gross126,633 95,915 
Less: accumulated depreciation(41,495)(31,138)
Total property, plant and equipment, net$85,138 $64,777 
Accrued Expenses and Other Current Liabilities:
Accrued bonus$6,863 $6,216 
Accrued salaries3,163 1,514 
Accrued employee benefits1,092 1,381 
Accrued interest8,558 8,448 
Accrued purchases4,298 2,558 
Accrued taxes9,369 3,185 
Operating lease liabilities3,663 2,677 
Finance lease liabilities753 732 
Customer deposits2,338 458 
Other7,115 3,281 
Total accrued expenses and other current liabilities$47,212 $30,450 

Depreciation expense related to property, plant and equipment for the years ended December 31, 2025, 2024 and 2023 was $14.3 million, $10.7 million and $9.8 million, respectively, substantially all of which was presented in cost of goods sold in the accompanying consolidated statements of operations and comprehensive (loss) income.