Property, Plant and Equipment, net

9 Months Ended

Sep. 30, 2021

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment, net

Property and Equipment, net

Property and equipment as of September 30, 2021 and December 31, 2020 are as follows:

(in thousands)	September 30, 2021		December 31, 2020
Construction in progress	$	360	$	4,467
Leasehold improvements	2,978		34
Office equipment and furniture	1,621		83
Computer equipment	265		381
	5,224		4,965
Less accumulated depreciation	(673)		(179)
Property and equipment, net	$	4,551	$	4,786

Depreciation expense for the three month period ended September 30, 2021 and September 30, 2020 was $0.2 million and $nil, respectively, and for the nine months ended September 30, 2021 and 2020 was $0.5 million and $0.1 million. which is included in SG&A expenses in the condensed consolidated statements of operations.