Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment

v3.22.1
Property and Equipment
 3 Months Ended
Mar. 31, 2022
Property, Plant and Equipment [Abstract]  
Property and Equipment Property and Equipment
Property and equipment consisted of the following:
March 31, December 31,
2022 2021
(in thousands)
Greenhouse facility $ 11,033 $ 10,194
Equipment 4,986 3,683
Land 3,991 4,122
Leasehold improvements 3,947 3,947
Construction-in-progress 21,549 16,375
Less: Accumulated depreciation (1,512) (971)
Property and equipment, net $ 43,994 $ 37,350

Depreciation expense related to property and equipment was $541 thousand and $124 thousand for the three months ended March 31, 2022 and 2021, respectively.