Quarterly report pursuant to Section 13 or 15(d)

Property, Plant and Equipment, net

v3.21.1
Property, Plant and Equipment, net
3 Months Ended
Mar. 31, 2021
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment, net Property and Equipment, net
Property and equipment as of March 31, 2021 and December 31, 2020 are as follows:
(in thousands) March 31, 2021 December 31, 2020
Construction in progress $ 279  $ 4,467 
Leasehold improvements 2,951  34 
Office equipment and furniture 1,604  83 
Computer equipment 270  381 
5,104 4,965
Less accumulated depreciation (346) (179)
Property and equipment, net $ 4,758  $ 4,786 

Depreciation expense for the three-month periods ended March 31, 2021 and March 31, 2020 was $0.2 million and $nil, respectively, which is included in selling, general and administrative expenses in the condensed consolidated statements of operations.