Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment (Tables)

v3.21.2
Property and Equipment (Tables)
9 Months Ended
Sep. 30, 2021
Property and Equipment  
Schedule of Property and Equipment

At September 30, 2021 and December 31, 2020, Mustang’s property and equipment consisted of the following:

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Estimated Useful

    

September 30, 

    

December 31, 

($ in thousands)

​

Life (in years)

​

2021

​

2020

Computer equipment

 

3

​

$

144

​

$

68

Furniture and fixtures

 

5

​

 

370

​

 

181

Machinery and equipment

 

5

​

 

6,330

​

 

5,748

Leasehold improvements

 

9

​

 

7,653

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5,099

Construction in process

 

N/A

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1,019

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499

Total property and equipment

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​

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15,516

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11,595

Less: accumulated depreciation

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​

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(5,079)

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(3,567)

Property and equipment, net

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​

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$

10,437

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$

8,028