PROPERTY, PLANT AND EQUIPMENT

6 Months Ended

Jun. 30, 2023

Property, Plant and Equipment [Abstract]

PROPERTY, PLANT AND EQUIPMENT

 5. PROPERTY, PLANT AND EQUIPMENT

The components of property, plant and equipment (“PPE”) are as follows:

	June 30, 2023 (unaudited)		December 31, 2022
Buildings and building components	$	91,775	$	80,697
Land	14,301		14,085
Leasehold improvements	45,104		43,472
Machinery and equipment	29,595		27,615
Furniture, fixtures and office equipment (including computer)	20,441		16,126
Construction-in-process	852		20,086
Property, plant and equipment, gross	202,068		202,081
Less: Accumulated depreciation	(32,243)		(24,326)
Property, plant and equipment, net	$	169,825	$	177,755

Construction-in-process represents assets under construction for manufacturing and retail build-outs not yet ready for use.

PPE depreciation was $4,483 and $3,753 for the three months ended June 30, 2023 and 2022, respectively, and $9,295 and $6,300 for the six months ended June 30, 2023 and 2022, respectively. Interest expense capitalized to PPE totaled $222 and $1,303 for the three months ended June 30, 2023 and 2022, respectively, and $410 and $2,047 for the six months ended June 30, 2023 and 2022, respectively.