Annual report pursuant to Section 13 and 15(d)

Property, Plant and Equipment

v3.23.1
Property, Plant and Equipment
 12 Months Ended
Dec. 31, 2022
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment
Note G – Property, Plant and Equipment
Property, plant and equipment were as follows:
  December 31, 2022 December 31, 2021
United States Europe Total United States Europe Total
Computer equipment
 $ 1,256  $ 252  $ 1,508  $ 1,273  $ 107  $ 1,380 
Furniture and fixtures
 1,062  38  1,100  783  —  783 
Laboratory equipment
 3,646  483  4,129  16,550  306  16,856 
Leasehold improvements
 2,229  4,475  6,704  2,205  —  2,205 
Finance lease ROU assets —  944  944  —  —  — 
Construction in process 1,408  —  1,408  415  —  415 
Property, plant and equipment, gross 9,601  6,192  15,793  21,226  413  21,639 
Less: accumulated depreciation
 (2,785) (247) (3,032) (1,919) (336) (2,255)
Total property, plant and equipment, net $ 6,816  $ 5,945  $ 12,761  $ 19,307  $ 77  $ 19,384 

During the year ended December 31, 2022, the Company recognized impairment expense of $96.6 million, of which $13.1 million related to property and equipment on certain asset groups within the Mission Solutions reporting unit. Please refer to Note T for additional information related to this impairment.

The table below presents the depreciation expense related to property, plant and equipment for the following periods:
Year Ended
  December 31, 2022 December 31, 2021
Depreciation expense
 $ 3,325  $ 1,944