Quarterly report pursuant to Section 13 or 15(d)

Property, Plant and Equipment, and Asset Impairment (Tables)

v3.24.2.u1
Property, Plant and Equipment, and Asset Impairment (Tables)
6 Months Ended
Jun. 30, 2024
Property, Plant and Equipment, and Asset Impairment  
Schedule of Property, Plant and Equipment

At June 30, 2024, and December 31, 2023, property, plant and equipment consisted of the following:

    

Estimated Useful

    

June 30, 

    

December 31, 

($ in thousands)

Life (in years)

2024

2023

Leasehold improvements

 

9

 

7,694

 

7,694

Construction in process

 

N/A

 

 

29

Total property, plant and equipment

 

7,694

 

7,723

Less: impairment loss

(2,177)

Less: accumulated depreciation

(5,045)

(4,476)

Property, plant and equipment, net

$

472

$

3,247