Annual report pursuant to Section 13 and 15(d)

Property and Equipment (Tables)

v3.22.1
Property and Equipment (Tables)
12 Months Ended
Dec. 31, 2021
Property and Equipment  
Schedule of Property and Equipment

Mustang’s property and equipment consisted of the following:

    

Estimated Useful

    

December 31, 

    

December 31, 

($ in thousands)

Life (in years)

2021

2020

Computer equipment

 

3

$

145

$

68

Furniture and fixtures

 

5

 

370

 

181

Machinery and equipment

 

5

 

6,550

 

5,748

Leasehold improvements

 

9

 

7,694

 

5,099

Construction in process

 

N/A

 

2,027

 

499

Total property and equipment

 

16,786

 

11,595

Less: accumulated depreciation

 

(5,734)

 

(3,567)

Property and equipment, net

$

11,052

$

8,028