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Property, Plant and Equipment
3 Months Ended
Mar. 31, 2023
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment Property, Plant and Equipment
Property, plant, and equipment consisted of the following:
(in thousands)March 31, 2023December 31, 2022
Land $11,456 $11,358 
Pilot plant4,680 4,599 
Lab equipment2,678 2,526 
Machinery and equipment946 948 
Computer and other equipment1,003 598 
Construction in process174,865 138,847 
Total195,628 158,876 
Less accumulated depreciation and amortization(4,959)(4,693)
Total property, plant, and equipment, net$190,669 $154,183 
For the three months ended March 31, 2023 and 2022, depreciation expense totaled $0.3 million and $0.1 million, respectively.
At March 31, 2023 and December 31, 2022, the Company capitalized $1.3 million and $1.1 million, respectively, of interest cost into Origin 1. At March 31, 2023 and December 31, 2022, the Company capitalized $2.6 million and $1.9 million, respectively, of stock-based compensation related to employees whose costs are necessarily incurred to bring the asset to its intended use. At March 31, 2023 and December 31, 2022 a cumulative translation adjustment of $(0.2) million and $3.0 million, respectively, is included in total property, plant, and equipment as a result of foreign currency transaction gains and losses.