Annual report pursuant to Section 13 and 15(d)

Property and Equipment (Tables)

v3.21.1
Property and Equipment (Tables)
12 Months Ended
Dec. 31, 2020
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)

2020

2019

Computer equipment

 

3

$

68

$

53

Furniture and fixtures

 

5

 

181

 

145

Machinery and equipment

 

5

 

5,748

 

4,594

Leasehold improvements

 

9

 

5,099

 

3,877

Construction in process

 

N/A

 

499

 

1,157

Total property and equipment

 

11,595

 

9,826

Less: accumulated depreciation

 

(3,567)

 

(1,890)

Property and equipment, net

$

8,028

$

7,936