Annual report pursuant to Section 13 and 15(d)

Property, Plant and Equipment, and Fixed Assets - Construction in Process (Tables)

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Property, Plant and Equipment, and Fixed Assets - Construction in Process (Tables)
12 Months Ended
Dec. 31, 2023
Property, Plant and Equipment  
Schedule of Property, Plant and Equipment

Mustang’s property, plant and equipment consisted of the following:

    

Estimated Useful

    

December 31, 

    

December 31, 

($ in thousands)

Life (in years)

2023

2022

Computer equipment

 

3

$

$

145

Furniture and fixtures

 

5

 

 

370

Machinery and equipment

 

5

 

 

8,632

Leasehold improvements

 

9

 

7,694

 

7,694

Total property, plant and equipment

 

7,694

 

16,841

Less: accumulated depreciation

 

(4,476)

 

(8,401)

Property, plant and equipment, net

$

3,218

$

8,440