Property and Equipment, net

3 Months Ended

Mar. 31, 2023

Property, Plant and Equipment [Abstract]

Property and Equipment, net

Property and Equipment, net

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

	March 31, 2023		December 31, 2022
Furniture and office equipment	$	2,554	$	2,753
Vehicle	853		1,257
Leasehold improvements	3,971		4,577
Shop equipment	4,546		3,204
Total property and equipment	11,924		11,791
Less: accumulated depreciation	(3,274)		(2,719)
	8,650		9,072
Construction in progress	2,764		—
Property and equipment, net	$	11,414	$	9,072

The Company recorded depreciation expense of $0.7 million and $0.3 million, which have been included in "Cost of revenue from sales of products" and "Depreciation and amortization" in the consolidated statements of operations, for the three months ended March 31, 2023 and 2022, respectively.