Property, Plant and Equipment

3 Months Ended

Mar. 31, 2021

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

Property, Plant and Equipment  

Property, plant and equipment consists of the following:

	March 31, 2021		December 31, 2020
Land	$	257	$	257
Building and improvements	11,660		11,660
Machinery and equipment	1,625		1,625
Computer hardware and software	301		300
Furniture and fixtures	74		74
Construction in progress	2,302		2,302
	16,219		16,218
Less accumulated depreciation and amortization	(270)		(87)
Property, plant and equipment, net	$	15,949	$	16,131

The Company recorded depreciation expense of $0.2 million and $1.0 million for the three months ended March 31, 2021 and 2020, respectively.

The Company received the certificate of completion of its building in the fourth quarter of 2018. For the three months ended March 31, 2021 and March 31, 2020, there was $0.0 million and $0.3 million of payroll costs, respectively, capitalized as construction in progress.