PROPERTY AND EQUIPMENT

6 Months Ended

Jun. 30, 2023

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT

Property and equipment-net consists of the following:

	Estimated Useful Life in Years	June 30, 2023		December 31, 2022
Merchandising equipment - coolers	3-7	$	14,962	$	9,885
Office equipment	3-7	1,286		1,124
Vehicles	5	2,596		1,257
Less: accumulated depreciation		(2,952)		(2,081)
Total		$	15,892	$	10,185

Depreciation expense amounted to approximately $0.6 million and $0.4 million for the three months ended June 30, 2023 and 2022, respectively. Depreciation expense amounted to approximately $1.0 million and $0.6 million for the six months ended June 30, 2023 and 2022, respectively.