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SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2023
Accounting Policies [Abstract]  
Schedule of Controlled Entities
2. SIGNIFICANT ACCOUNTING POLICIES (Continued)
Property, Plant and Equipment The Company’s estimated depreciable lives of operating assets and facilities are as follows:
LandNot Applicable
Building30 years
Construction in Progress (“CIP”)Not Applicable
Leasehold ImprovementsShorter of: remaining lease term or
10 years
Tools & Equipment7 years
Kitchen & Lab Equipment7 years
Other Machinery & Equipment7 years
Furniture & Fixtures7 years
Electronic & Security Equipment5 years
Vehicles7 years
Land Improvements15 years
Property, plant and equipment and related accumulated depreciation consists of the following at December 31, 2023 and December 31, 2022:
As of December 31,
20232022
Land$30,934 $31,877 
Buildings and Improvements194,274 197,819 
Furniture and Fixtures19,884 16,189 
Computer Equipment and Software25,861 21,478 
Leasehold Improvements230,877 211,785 
Tools and Equipment90,386 88,507 
Vehicles4,373 4,992 
Assets Under Construction (1)
39,844 41,800 
Total Property, Plant and Equipment, Gross636,433 614,447 
Less: Accumulated Depreciation(135,129)(88,542)
Property, Plant and Equipment, Net$501,304 $525,905 
(1)Assets under construction represent construction in progress related to facilities not yet completed or otherwise not placed in service.
A reconciliation of the beginning and ending balances of property, plant and equipment is as follows:
Property, Plant and
Equipment,
Gross
Accumulated
Depreciation
Property, Plant and
Equipment,
Net
Balance as of January 1, 2022$498,380 $(46,148)$452,232 
Additions122,626 — 122,626 
Property, plant and equipment from
business combination
5,891 (229)5,662 
Disposals and other(11,196)1,596 (9,600)
Deconsolidation from disposition of business combination(1,254)281 (973)
Depreciation— (44,042)(44,042)
Balance as of December 31, 2022$614,447 $(88,542)$525,905 
Additions35,815 — 35,815 
Disposals and other(4,260)2,093 (2,167)
Impairment(9,569)996 (8,573)
Depreciation— (49,676)(49,676)
Balance as of December 31, 2023$636,433 $(135,129)$501,304 
Schedule of Finite-Lived Intangible Assets Amortization periods by class of intangible assets with finite lives were as follows as of December 31, 2023:
Licenses
9-15 years
Tradenames
5-10 years
Technology
5-10 years
As of December 31, 2023 and December 31, 2022, intangible assets consisted of the following:
LicensesTradenamesTechnologyTotal
Cost
Balance as of January 1, 2023$1,274,981 $54,166 $6,431 $1,335,578 
Impairment(7,605)— — (7,605)
Other Additions(1)
1,950 — — 1,950 
Balance as of December 31, 2023$1,269,326 $54,166 $6,431 $1,329,923 
Accumulated Amortization
Balance as of January 1, 2023143,246 9,579 1,987 154,812 
Amortization84,997 5,422 1,038 91,457 
Impairment(2,492)— — (2,492)
Balance as of December 31, 2023$225,751 $15,001 $3,025 $243,777 
Net Book Value
Balance as of January 1, 20231,131,735 44,587 4,444 1,180,766 
Balance as of December 31, 2023$1,043,575 $39,165 $3,406 $1,086,146 
(1) The Company obtained a license following regulatory approval where payment consideration occurred in prior periods.
LicensesTradenamesTechnologyTotal
Cost
Balance as of January 1, 2022$1,386,131 $54,166 $11,603 $1,451,900 
Purchases— — — — 
Additions from business combination21,545 — — 21,545 
Adjustments to purchase price allocation(2,025)— (5,172)(7,197)
Impairment(130,670)— — (130,670)
Balance as of December 31, 2022$1,274,981 $54,166 $6,431 $1,335,578 
Accumulated Amortization
Balance as of January 1, 202266,703 4,158 1,126 71,987 
Amortization91,062 5,421 861 97,344 
Impairment$(14,519)$— $— $(14,519)
Balance as of December 31, 2022$143,246 $9,579 $1,987 $154,812 
Net Book Value
Balance as of January 1, 20221,319,428 50,008 10,477 1,379,913 
Balance as of December 31, 2022$1,131,735 $44,587 $4,444 $1,180,766