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

PROPERTY AND EQUIPMENT, NET

v3.25.4
PROPERTY AND EQUIPMENT, NET
 12 Months Ended
Dec. 31, 2025
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT, NET

NOTE 4 – PROPERTY AND EQUIPMENT, NET

 

Property and equipment, net consisted of the following (in thousands):

 

    December 31,
2025		     December 31,
2024		  
    (in thousands)  
Property and equipment, net:                
Land   $ 8,011     $ 8,011  
Land improvements     305       305  
Buildings     25,096       24,504  
Office furniture and equipment     2,014       1,371  
Laboratory equipment     14,849       12,124  
Leasehold improvements     203       34  
Property and equipment gross     50,478       46,349  
Less: Accumulated depreciation and amortization     (6,022 )     (4,097 )
Property and equipment, net   $ 44,456     $ 42,252