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Property and Equipment, Net
 12 Months Ended
Dec. 31, 2022
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net Property and Equipment, Net
Property and equipment, net consist of the following:
(in thousands)December 31,
2022		December 31,
2021
Furniture and equipment$5,316 $5,100 
Leasehold improvements15,482 14,952 
Processing equipment4,227 3,984 
Land731 731 
Finance lease right-of-use assets131 110 
Projects in process (1)
63,703 45,660 
Property and equipment, at cost89,590 70,536 
Less: accumulated depreciation and amortization(10,296)(7,614)
Property and equipment, net$79,294 $62,923 
(1) Included in projects in process is a government grant received totaling $1,188 as of December 31, 2022 and December 31, 2021, which was recorded as an offset, and $11,429 and $5,274 of capitalized interest as of December 31, 2022 and 2021, respectively.
Depreciation expense is as follows for the years ended:
December 31,
202220212020
Depreciation expense$2,827 $2,744 $1,530