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

Summary of Significant Accounting Policies (Tables)

v3.22.2.2
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2021
Accounting Policies [Abstract]  
Property and Equipment
Depreciation is computed using the straight-line method over the estimated useful lives of the assets, which are as follows:
 
Asset Class
  
Estimated Useful Life
Greenhouse Facility
  30 years
Production Equipment
  5 years
Office Equipment
  3 years
Leasehold Improvements
  Shorter of lease term or useful life of asset
Disaggregation of Revenue
Revenue by major product or service type is as follows:
 
 
  
Year Ended
December 31,
 
 
  
2021
 
  
2020
 
 
 
 
  
(in thousands)
 
Revenue from sale of produce
   $ 551      $ 82  
Revenue from sale of intellectual property
     87        —    
    
 
 
    
 
 
 
Total Revenue
   $ 638      $ 82