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PROPERTY, PLANT AND EQUIPMENT
 3 Months Ended
Mar. 31, 2024
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:
March 31, 2024 (unaudited)December 31, 2023
Buildings and building components$88,134 $88,527 
Land12,956 12,956 
Leasehold improvements47,589 46,660 
Machinery and equipment27,128 27,050 
Furniture, fixtures and office equipment (including computer)21,870 21,146 
Construction-in-process318 1,968 
Property, plant and equipment, gross197,995 198,307 
Less: Accumulated depreciation(43,854)(39,039)
Property, plant and equipment, net$154,141 $159,268 
Construction-in-process represents assets under construction for manufacturing and retail build-outs not yet ready for use.
Depreciation was $4,909 and $4,812 for the three months ended March 31, 2024 and 2023, respectively. Interest expense capitalized to PPE was not material for the three months ended March 31, 2024 and 2023.

As of December 31, 2023, the Company reclassified $1,647 from Property, plant and equipment, net to assets held for sale. Refer to Note 4 - Prepaid Expenses and Other Current Assets for additional information.