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PROPERTY, PLANT AND EQUIPMENT
 9 Months Ended
Sep. 30, 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:
September 30, 2024 (unaudited)December 31, 2023
Buildings and building components$88,158 $88,527 
Land12,956 12,956 
Leasehold improvements46,778 46,660 
Machinery and equipment24,449 27,050 
Furniture, fixtures and office equipment (including computer)21,793 21,146 
Construction-in-process1,700 1,968 
Property, plant and equipment, gross195,834 198,307 
Less: Accumulated depreciation(50,416)(39,039)
Property, plant and equipment, net$145,418 $159,268 
Construction-in-process represents assets under construction for manufacturing and retail build-outs not yet ready for use.
Depreciation was $4,520 and $3,815 for the three months ended September 30, 2024 and 2023, respectively, and $14,403 and $13,110 for the nine months ended September 30, 2024 and 2023, respectively. Interest expense capitalized to PPE totaled $0 and $54 for the three months ended September 30, 2024 and 2023, respectively, and $0 and $464 for the nine months ended September 30, 2024 and 2023, respectively.
As of September 30, 2024, the Company reclassified $611 from Property, plant and equipment, net to Assets held for sale. Refer to Note 4 - Prepaid Expenses and Other Current Assets for additional information.