Post-effective amendment to a registration statement that is not immediately effective upon filing

Property, Plant and Equipment, Net (Tables)

v3.22.1
Property, Plant and Equipment, Net (Tables)
 12 Months Ended
Dec. 31, 2021
Property, Plant and Equipment [Abstract]  
Schedule of property, plant and equipment
 

December 31, 2021

  

December 31, 2020

Land

  

$

5,065

 

  

$

5,065

 

Building & warehouse

  

 

13,381

 

  

 

8,464

 

Laboratory equipment

  

 

6,295

 

  

 

5,942

 

Agricultural equipment

  

 

2,404

 

  

 

1,904

 

Computer equipment

  

 

1,681

 

  

 

1,534

 

Furniture & appliances

  

 

852

 

  

 

819

 

Construction in progress(b)

  

 

5,709

 

  

 

4,288

 

Other

  

 

1,247

 

  

 

1,020

 

Property, plant and equipment, gross

  

 

36,634

 

  

 

29,036

 

Less: accumulated depreciation

  

 

(5,702

)

  

 

(3,356

)

Property, plant and equipment, net

  

$

30,932

 

  

$

25,680

 

(a)      The Company recorded total depreciation expense in the Consolidated Statement of Operations for approximately $2,346 and $2,359 in 2021 and 2020, respectively. Total depreciation for the year ended December 31, 2021 includes approximately $1,133 and $586 of depreciation, included in inventory and cost of goods sold, respectively. Total depreciation for the year ended December 31, 2020 includes approximately $1,051 and $685 of depreciation, included in inventory and costs of goods sold, respectively.

(b)      Construction in progress primarily relate to on-going construction of the Company’s Colombian and Portugal facilities.