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Property and Equipment, Net
12 Months Ended
Dec. 31, 2023
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,
2023
December 31,
2022
Furniture and equipment$8,741 $5,316 
Building 60,679 — 
Leasehold improvements15,348 15,482 
Processing equipment13,116 4,227 
Land731 731 
Finance lease right-of-use assets138 131 
Projects in process 3,674 63,703 
Property and equipment, at cost102,427 89,590 
Less: accumulated depreciation and amortization(13,697)(10,296)
Property and equipment, net$88,730 $79,294 
Depreciation expense is as follows for the years ended:
December 31,
(in thousands)202320222021
Depreciation expense$4,218 $2,827 $2,744