Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment (Tables)

v3.20.2
Property and Equipment (Tables)
9 Months Ended
Sep. 30, 2020
Property and Equipment  
Schedule of Property and equipment

Mustang’s property and equipment consisted of the following ($ in thousands):

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​

​

​

​

​

​

​

​

​

​

    

Estimated Useful

    

September 30, 

    

December 31, 

($ in thousands)

​

Life (in years)

​

2020

​

2019

Computer equipment

 

3

​

$

68

​

$

53

Furniture and fixtures

 

5

​

 

182

​

 

145

Machinery and equipment

 

5

​

 

5,014

​

 

4,594

Leasehold improvements

 

9

​

 

5,099

​

 

3,877

Construction in process

 

N/A

​

 

821

​

 

1,157

Total property and equipment

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​

​

 

11,184

​

 

9,826

Less: accumulated depreciation

​

​

​

 

(3,113)

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(1,890)

Property and equipment, net

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​

​

$

8,071

​

$

7,936