Property and Equipment, net (Tables)

6 Months Ended

Jun. 30, 2021

Property, Plant and Equipment [Abstract]

Schedule of property and equipment

The following table summarizes the Company’s property and equipment (in thousands):

	June 30, 2021		December 31, 2020
Furniture and office equipment	$	902	$	315
Vehicle	350		229
Leasehold improvements	426		246
Machinery and equipment	12		—
Total property and equipment	1,690		790
Less: accumulated depreciation	(632)		(460)
Property and equipment, net	1,058		330
Fintech Village
Land	—		2,750
Assets retirement obligations - environmental remediation	—		4,500
Construction in progress (Fintech Village)	—		7,250
Property and Equipment, net	$	1,058	$	7,580

Schedule of asset retirement obligation

The following table summarizes the activity in the asset retirement obligation for the six months ended June 30, 2021 (in thousands):

	January 1, 2021		Liabilities Incurred		Remediation Performed		Accretion Expense		Revisions		June 30, 2021
Asset retirement obligation	$	4,653	$	—	$	—	$	—	$	—	$	4,653