Quarterly report pursuant to Section 13 or 15(d)

Property, Plant and Equipment, Net (Tables)

v3.22.2.2
Property, Plant and Equipment, Net (Tables)
 3 Months Ended
Mar. 31, 2022
Property, Plant and Equipment [Abstract]  
Schedule of Property, Plant and Equipment, Net
Property, plant and equipment, net consists of the following as of March 31, 2022 and December 31, 2021:
  As of
  March 31,
2022		 December 31,
2021
(In thousands)
Leasehold improvements
 $ 23,724  $ 23,501 
Machinery and equipment
 60,005  59,358 
Aircraft
 8,000  8,000 
IT software and equipment
 22,747  22,397 
Construction in progress
 26,942  23,167 
  141,418  136,423 
Less: accumulated depreciation and amortization
 (77,915) (74,998)
Property, plant and equipment, net
 $ 63,503  $ 61,425 
Depreciation expense recorded in the condensed consolidated statements of operations and comprehensive loss during the three months ended March 31, 2022 and 2021 consisted of the following:
  Three Months Ended March 31,
  2022 2021
(In thousands)
Cost of revenue
 $ 249  $ — 
Research and development, net
 130  874 
Selling, general and administrative
 2,423  2,249 
Total depreciation expense
 $ 2,802  $ 3,123