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:

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Estimated Useful

    

December 31, 

    

December 31, 

($ in thousands)

​

Life (in years)

​

2021

​

2020

Computer equipment

 

3

​

$

145

​

$

68

Furniture and fixtures

 

5

​

 

370

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181

Machinery and equipment

 

5

​

 

6,550

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5,748

Leasehold improvements

 

9

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7,694

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5,099

Construction in process

 

N/A

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2,027

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499

Total property and equipment

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​

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16,786

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11,595

Less: accumulated depreciation

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(5,734)

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(3,567)

Property and equipment, net

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$

11,052

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$

8,028