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Property and Equipment, Net
9 Months Ended
Sep. 30, 2022
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net

5. PROPERTY AND EQUIPMENT, NET

Property and equipment are stated at cost or estimated fair value for assets acquired through business combinations. Depreciation and amortization are provided using the straight-line method over the estimated useful lives of the assets. Leasehold improvements are amortized using the straight-line method over the shorter of the remaining lease term, including options that are deemed to be reasonably assured, or the estimated useful life of the improvement.

Property and equipment, net, consisted of the following:

 

 

 

Estimated

 

September 30,

 

 

December 31,

 

 

 

Useful Life

 

2022

 

 

2021

 

Lab and test equipment

 

7 years

 

$

19,975

 

 

$

18,581

 

Vehicles

 

5 years

 

 

5,642

 

 

 

5,414

 

Equipment

 

3-7 years

 

 

38,446

 

 

 

35,148

 

Furniture and fixtures

 

7 years

 

 

2,895

 

 

 

2,844

 

Leasehold improvements

 

7 years

 

 

8,535

 

 

 

7,268

 

Aircraft

 

10 years

 

 

931

 

 

 

931

 

Building

 

39 years

 

 

2,975

 

 

 

2,975

 

 

 

 

 

 

79,399

 

 

 

73,161

 

Land

 

 

 

 

725

 

 

 

725

 

Construction in progress

 

 

 

 

2,566

 

 

 

2,342

 

Less accumulated depreciation

 

 

 

 

(49,109

)

 

 

(44,707

)

   Total property and equipment—
   net

 

 

 

$

33,581

 

 

$

31,521

 

Total depreciation expense included in the unaudited condensed consolidated statements of operations was $1.7 million and $5.3 million for the three and nine months ended September 30, 2022, respectively, and $1.8 million and $4.8 million for the three and nine months ended September 30, 2021, respectively.