Quarterly report pursuant to Section 13 or 15(d)

PROPERTY AND EQUIPMENT

v3.23.2
PROPERTY AND EQUIPMENT
 6 Months Ended
Jun. 30, 2023
PROPERTY AND EQUIPMENT  
PROPERTY AND EQUIPMENT

10. PROPERTY AND EQUIPMENT

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

​

​

​

​

​

​

​

​

​

    

June 30, 

​

December 31, 

​

    

2023

​

2022

Equipment

​

$

48,345

​

$

48,632

Leasehold improvements

​

 

19,088

​

 

18,527

Land and buildings

​

​

9,070

​

​

15,893

Construction in process

​

 

3,869

​

 

5,008

Furniture and fixtures

​

 

2,244

​

 

2,396

Software

​

 

2,097

​

 

2,183

Tooling

​

 

2,285

​

 

2,145

Computer equipment

​

 

2,393

​

 

2,076

Automobiles

​

​

1,103

​

​

1,180

Property and equipment, gross

​

 

90,494

​

 

98,040

Less: accumulated depreciation

​

 

(48,187)

​

 

(41,769)

Total property and equipment, net

​

$

42,307

​

$

56,271

​

Depreciation expense was $3.0 million and $6.0 million for three and six months ended June 30, 2023. Depreciation expense was $3.1 million and $6.2 million for the three and six months ended June 30, 2022