Property and Equipment

12 Months Ended

Dec. 31, 2021

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT

NOTE 6 PROPERTY AND EQUIPMENT

The following is a summary of property and equipment at December 31, 2021 and 2020

	2021			2020
	(In thousands of U.S. Dollars)
Property and plant	$	26,941		$	26,339
Leasehold improvements		18,511			17,070
Equipment and machinery		2,515			2,724
Office equipment and furniture		9,896			8,363
Motor vehicles		1,782			1,959
		59,645			56,455
Less: accumulated depreciation		(31,402	)		(29,570	)
Construction-in-progress		8,097			5,279
Property and equipment, net	$	36,340		$	32,164

Depreciation expense was $6.60 million and $5.08 million for the years ended December 31, 2021 and 2020, respectively.