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Property and Equipment
6 Months Ended
Jun. 30, 2022
Property, Plant and Equipment [Abstract]  
Property and Equipment

NOTE 5. PROPERTY AND EQUIPMENT

Property and equipment consist of the following as of the respective period ends:

 

 

June 30,

 

 

December 31,

 

($ in thousands)

 

2022

 

 

2021

 

Rooftop solar panel systems

 

$

5,075

 

 

$

5,075

 

Leasehold improvements

 

 

1,042

 

 

 

797

 

Software systems

 

 

318

 

 

 

318

 

Computers and equipment

 

 

265

 

 

 

265

 

Office equipment and furniture

 

 

531

 

 

 

160

 

Construction in progress

 

 

109

 

 

 

 

Property and equipment, gross

 

 

7,340

 

 

 

6,615

 

Less: accumulated depreciation

 

 

(1,718

)

 

 

(1,469

)

Property and equipment, net

 

$

5,622

 

 

$

5,146

 

Depreciation expense totaled $0.2 million during each of the three months ended June 30, 2022 and 2021, respectively, and $0.3 million during each of the six months ended June 30, 2022 and 2021, respectively.