XML 38 R28.htm IDEA: XBRL DOCUMENT v3.22.2
Summary of Significant Accounting Policies (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2022
Dec. 31, 2021
Accounting Policies [Abstract]    
Schedule of Property, Plant and Equipment, Net
Property, plant and equipment, net consists of the following as of March 31, 2022 and December 31, 2021:
 As of
 March 31,
2022
December 31,
2021
(In thousands)
Leasehold improvements
$23,724 $23,501 
Machinery and equipment
60,005 59,358 
Aircraft
8,000 8,000 
IT software and equipment
22,747 22,397 
Construction in progress
26,942 23,167 
 141,418 136,423 
Less: accumulated depreciation and amortization
(77,915)(74,998)
Property, plant and equipment, net
$63,503 $61,425 
Depreciation expense recorded in the condensed consolidated statements of operations and comprehensive loss during the three months ended March 31, 2022 and 2021 consisted of the following:
 Three Months Ended March 31,
 20222021
(In thousands)
Cost of revenue
$249 $— 
Research and development, net
130 874 
Selling, general and administrative
2,423 2,249 
Total depreciation expense
$2,802 $3,123 
The estimated useful lives for each class of property, plant and equipment are as follows:
Leasehold improvements
Shorter of the estimated useful life or lease term
Machinery and equipment
5 to 7 years
Aircraft
15 years
IT software and equipment
3 to 5 years
Property, plant and equipment, net consists of the following as of December 31, 2021, and December 31, 2020:
 As of
 December 31,
2021
December 31,
2020
(In thousands)
Leasehold improvements
$23,501 $20,769 
Machinery and equipment
59,358 50,285 
Aircraft
8,000 8,000 
IT software and equipment
22,397 20,190 
Construction in progress
23,167 11,898 
136,423 111,142 
Less: accumulated depreciation and amortization
(74,998)(62,039)
Property, plant and equipment, net
$61,425 $49,103 
Depreciation expense recorded in the consolidated statements of operations and comprehensive loss during the years ended December 31, 2021 and 2020 consisted of the following:
 Years Ended December 31,
 20212020
(In thousands)
Cost of revenue
$556 $— 
Research and development, net
1,348 9,333 
Selling, general and administrative
10,385 2,855 
Total depreciation expense
$12,289 $12,188