General form of registration statement for all companies including face-amount certificate companies

Property and Equipment

v3.22.2.2
Property and Equipment
 6 Months Ended 12 Months Ended
Jun. 30, 2022
Dec. 31, 2021
Property, Plant and Equipment [Abstract]    
Property and Equipment
5. 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.
5. 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.