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, 2023
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment, net
Note G – Property, Plant and Equipment, net
Property, plant and equipment, net were as follows:
  December 31, 2023 December 31, 2022
United States Europe Total United States Europe Total
Computer equipment
 $ 1,755  $ 559  $ 2,314  $ 1,256  $ 252  $ 1,508 
Furniture and fixtures
 1,181  39  1,220  1,062  38  1,100 
Laboratory equipment
 5,086  594  5,680  3,646  483  4,129 
Leasehold improvements
 2,764  4,683  7,447  2,229  4,475  6,704 
Finance lease ROU assets —  2,004  2,004  —  944  944 
Construction in process 3,782  —  3,782  1,408  —  1,408 
Property, plant and equipment, gross 14,568  7,879  22,447  9,601  6,192  15,793 
Less: accumulated depreciation
 (4,631) (1,907) (6,538) (2,785) (247) (3,032)
Total property, plant and equipment, net $ 9,937  $ 5,972  $ 15,909  $ 6,816  $ 5,945  $ 12,761 

There was no impairment recognized related to property, plant and equipment during the year ended December 31, 2023. During the year ended December 31, 2022, the Company recognized impairment expense of $96.6 million, of which $13.1 million related to certain property, plant and equipment asset groups within the Mission Solutions reporting unit. Please refer to Note T – Impairment Expense 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, 2023 December 31, 2022
Depreciation expense
 $ 3,512  $ 3,325