Property and Equipment, net

6 Months Ended

Jun. 30, 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):

	June 30, 2023		December 31, 2022
Furniture and office equipment	$	2,256	$	1,985
Vehicle	775		1,189
Leasehold improvements	3,700		4,181
Shop equipment	4,532		3,204
Total property and equipment	11,263		10,559
Less: accumulated depreciation	(3,004)		(1,909)
	8,259		8,650
Construction in progress	2,770		—
Property and equipment, net	$	11,029	$	8,650

The Company recorded depreciation expense of $0.7 million and $0.6 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 June 30, 2023 and 2022, respectively and $1.4 million and $0.9 million for the six months ended June 30, 2023 and 2022, respectively.