PROPERTY AND EQUIPMENT, NET

3 Months Ended

Mar. 31, 2024

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT, NET

PROPERTY AND EQUIPMENT, NET

Property and equipment, net consisted of the following (in thousands):

	March 31, 2024		December 31, 2023
Furniture and fixtures	$	1,549	$	1,441
Office equipment	1,037		1,031
Machinery and equipment	2,855		2,753
Computer equipment	2,226		2,056
Software and website design	8,137		8,061
Leasehold improvements	3,779		3,696
Capital projects in progress	17,050		13,555
Total property and equipment	36,633		32,593
Less: accumulated depreciation and amortization	(8,579)		(7,729)
Property and equipment, net	$	28,054	$	24,864

Depreciation and amortization expense of property and equipment for the three months ended March 31, 2024 and 2023 was $0.9 million and $0.7 million, respectively.