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Property and Equipment, net (Tables)
9 Months Ended
Sep. 30, 2021
Property, Plant and Equipment [Abstract]  
Schedule of property and equipment
The following table summarizes the Company’s property and equipment (in thousands):
September 30,
2021
December 31,
2020
Furniture and office equipment$1,163 $315 
Vehicle393 229 
Leasehold improvements547 246 
Machinery and equipment277 — 
Total property and equipment2,380 790 
Less: accumulated depreciation(753)(460)
Property and equipment, net$1,627 $330 
Fintech Village
Land$— $2,750 
Assets retirement obligations - environmental remediation— 4,500 
Fintech Village$— $7,250 
Schedule of asset retirement obligation
The following table summarizes the activity in the asset retirement obligation for the nine months ended September 30, 2021 (in thousands):
January 1,
2021
Liabilities
Incurred
Remediation
Performed
Accretion
Expense
RevisionsSeptember 30,
2021
Asset retirement obligation$4,653 $— $— $— $— $4,653