Property and Equipment, Net

12 Months Ended

Dec. 31, 2021

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT, NET

7. PROPERTY AND EQUIPMENT, NET

Property and equipment, net consisted of the following as of December 31, 2021 and 2020:

(Amounts in thousands)	December 31, 2021			December 31, 2020
Shop machinery and equipment	$	11,912		$	9,961
Computers and electronics		1,436			575
Office furniture and fixtures		744			348
Building		4,801			—
Land		1,330			—
Leasehold improvements		1,298			274
		21,521			11,158
Less – accumulated depreciation		(12,034	)		(8,872	)
	$	9,488		$	2,286

For the year ended December 31, 2021 and 2020, the Company invested $3.1 million and $0.2 million, respectively, in capital expenditures.

The Company recognized $1.8 million and $1.1 million, respectively, of depreciation expense for the year ended December 31, 2021 and 2020.