Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment

v3.22.2.2
Property and Equipment
 6 Months Ended
Jun. 30, 2022
Property, Plant and Equipment [Abstract]  
Property and Equipment Property and Equipment
Property and equipment consisted of the following:
June 30, December 31,
2022 2021
(in thousands)
Machinery, equipment, and vehicles $ 41,438 $ 3,683
Land 18,889 4,122
Buildings and leasehold improvements 21,593 14,141
Construction-in-progress 44,492 16,375
Less: Accumulated depreciation (2,797) (971)
Property and equipment, net $ 123,615 $ 37,350
Depreciation expense related to property and equipment was $1,285 thousand and $125 thousand for the three months ended June 30, 2022 and 2021, respectively, and $1,826 thousand and $250 thousand for the six months ended June 30, 2022 and 2021, respectively.