Annual report pursuant to Section 13 and 15(d)

Property and Equipment

v3.22.1
Property and Equipment
12 Months Ended
Dec. 31, 2021
Property, Plant and Equipment [Abstract]  
Property and Equipment Property and Equipment
Property and equipment consisted of the following:

December 31,
2021 2020
(in thousands)
Greenhouse facility $ 10,194 $ 5,203
Equipment 3,683 1,621
Land 4,122 345
Leasehold improvements 3,947
Construction-in-progress 16,375 1,541
Right-of-use asset (lease) 55
Less: Accumulated depreciation (971) (287)
Property and equipment, net $ 37,405 $ 8,423
Depreciation expense related to property and equipment was $684 thousand and $287 thousand for the years ended December 31, 2021 and 2020, respectively.