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Property and Equipment
 12 Months Ended
Dec. 31, 2022
Property, Plant and Equipment [Abstract]  
Property and Equipment

NOTE 4. PROPERTY AND EQUIPMENT

Property and equipment as of December 31, 2022 and 2021 consist of the following:

 

 

 

 

 

December 31,

 

 

 

Estimated Life
(in years)

 

2022

 

 

2021

 

Surgical instrumentation

 

3 - 5

 

$

44,625

 

 

$

38,820

 

Land

 

Indefinite

 

 

3,625

 

 

 

—

 

Buildings

 

25

 

 

14,178

 

 

 

—

 

Leasehold improvements

 

Various

 

 

7,961

 

 

 

7,850

 

Computer and software

 

5

 

 

11,562

 

 

 

4,791

 

Machinery and equipment

 

5

 

 

2,815

 

 

 

2,396

 

Office equipment and furniture

 

5 - 7

 

 

2,049

 

 

 

2,040

 

Construction in progress

 

Various

 

 

5,817

 

 

 

3,551

 

Other

 

Various

 

 

1,046

 

 

 

—

 

 

 

 

 

 

93,678

 

 

 

59,448

 

Less: accumulated depreciation

 

 

 

 

(31,740

)

 

 

(27,267

)

Property and equipment, net

 

 

 

$

61,938

 

 

$

32,181

 

 

Depreciation expense is included in Selling, general, and administrative expenses in the Consolidated Statements of Operations and Comprehensive (Loss) Income and was $10,824, $7,615 and $6,232 for the years ended December 31, 2022, 2021 and 2020 respectively.