Quarterly report pursuant to Section 13 or 15(d)

PROPERTY AND EQUIPMENT

v3.22.2.2
PROPERTY AND EQUIPMENT
9 Months Ended
Sep. 30, 2022
PROPERTY AND EQUIPMENT  
PROPERTY AND EQUIPMENT

10. PROPERTY AND EQUIPMENT

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

    

September 30, 

December 31, 

    

2022

2021

Equipment

$

49,150

$

42,892

Land and buildings

16,322

17,214

Automobiles

1,183

905

Furniture and fixtures

 

2,350

 

1,844

Computer equipment

 

2,012

 

1,725

Tooling

 

2,138

 

2,000

Software

 

2,248

 

2,346

Leasehold improvements

 

18,007

 

15,263

Construction in process

 

3,152

 

4,185

Property and equipment, gross

 

96,562

 

88,374

Less: accumulated depreciation

 

(38,807)

 

(29,664)

Total property and equipment, net

$

57,755

$

58,710

Depreciation and amortization expense was $3.1 million and $9.3 million for the three and nine months ended September 30, 2022. Depreciation and amortization expense was $1.6 million and $4.4 million for the three and nine months ended September 30, 2021.