Annual report pursuant to Section 13 and 15(d)

PROPERTY, PLANT AND EQUIPMENT, NET

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PROPERTY, PLANT AND EQUIPMENT, NET
12 Months Ended
Dec. 31, 2021
Property, Plant and Equipment [Abstract]  
PROPERTY, PLANT AND EQUIPMENT, NET

 

6. PROPERTY, PLANT AND EQUIPMENT, NET

 

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

 

               
    December 31,  
    2021     2020  
Plant, machinery and equipment   $ 34,149     $ 30,159  
Furniture and fixtures     708       705  
Leasehold improvements     2,676       2,469  
      37,533       33,333  
Accumulated depreciation     (29,792 )     (28,500 )
    $ 7,741     $ 4,833  

 

Depreciation expense totaled approximately $3.1 million and $2.9 million for the years ended December 31, 2021 and 2020, respectively.