v3.26.1
PROPERTY, PLANT AND EQUIPMENT
12 Months Ended
Dec. 31, 2025
PROPERTY, PLANT AND EQUIPMENT  
PROPERTY, PLANT AND EQUIPMENT

4.    PROPERTY, PLANT AND EQUIPMENT:

Property, plant and equipment consist of the following:

​

​

​

​

​

​

​

​

​

​

December 31, 

​

December 31, 

(in thousands)

  ​ ​ ​

2025

​

2024

Plant and equipment

​

$

1,786

​

$

1,562

Furniture and fixtures

​

 

114

​

 

106

Computer hardware and software

​

 

106

​

 

98

​

​

 

2,006

​

 

1,766

Less: Accumulated depreciation

​

 

(1,826)

​

 

(1,497)

Property, plant and equipment, net

​

$

180

​

$

269

​

​

​

​

​

​

​

​

Depreciation expense was $0.2 million and $0.3 million for the year ended December 31, 2025 and 2024, respectively, and is classified as research and development expense.