Property and Equipment, Net

9 Months Ended

Sep. 30, 2022

Property and Equipment, Net

Property and Equipment, Net

Note 7. Property and Equipment, Net

The Company’s property and equipment, net consists of the following as of September 30, 2022 and December 31, 2021 (in thousands):

	September 30,		December 31,
	2022		2021
Property and equipment, gross	$	40,744	$	20,079
Less: accumulated depreciation and amortization		(9,367)		(5,376)
Property and equipment, net	$	31,377	$	14,703

The Company excluded $0.8 million of accrued property and equipment as of September 30, 2022 from the cash used in investing activities on the condensed consolidated statements of cash flows. The amount excluded as of September 30, 2021 was not significant.