PROPERTY AND EQUIPMENT, NET

6 Months Ended

Jun. 30, 2022

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT, NET

PROPERTY AND EQUIPMENT, NET

As of June 30, 2022 and December 31, 2021, the Company’s property and equipment, net consisted of the following:

	June 30, 2022		December 31, 2021
Construction in progress	$	21,635	$	4,082
Machinery and equipment	207,091		195,001
Leasehold improvements	21,703		19,302
Furniture and fixtures	1,597		740
Property and equipment	252,026		219,125
Accumulated depreciation and amortization	(61,895)		(41,669)
Total property and equipment, net	$	190,131	$	177,456

Depreciation and amortization expense related to property and equipment was $10.2 million and $8.0 million for the three months ended June 30, 2022 and 2021, respectively. Depreciation and amortization expense related to property and equipment was $20.2 million and $12.8 million for the six months ended June 30, 2022 and 2021, respectively. The carrying value of assets under finance leases within property and equipment as of June 30, 2022 and December 31, 2021 was $8.5 million and $9.8 million, respectively.