Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.23.2
Summary of Significant Accounting Policies (Tables)
 6 Months Ended
Jun. 30, 2023
Accounting Policies [Abstract]  
Schedule of Disaggregation of Revenue by Sales Channel
The following table disaggregates revenue by sales channel:

Three Months Ended June 30, Six Months Ended June 30,
2023 2022 2023 2022
Wholesale $ 50,010  $ 23,971  $ 90,007  $ 45,926 
Direct to Consumer 34,586  36,962  71,366  75,294 
Outpost 7,351  5,432  14,064  10,981 
Total net sales $ 91,947  $ 66,365  $ 175,437  $ 132,201 
Schedule of Estimated Useful Lives Estimated useful lives are as follows:
Estimated Useful Lives
Land —
Building and Leasehold improvements 5 —  39 years
Computer equipment and software 3 years
Machinery and equipment 5 —  15 years
Vehicles 5 years
Property, plant and equipment, net consists of the following:

June 30, December 31,
2023 2022
Building and leasehold improvements $ 26,276  $ 25,024 
Machinery and equipment 17,158  15,977 
Computer equipment and software 10,353  6,071 
Furniture and fixtures 2,729  1,804 
Land 1,547  3,245 
Vehicles 1,306  1,283 
Construction in progress 14,599  15,780 
Property, plant, and equipment, gross 73,968  69,184 
Less: accumulated depreciation and amortization (10,435) (9,733)
Total property, plant and equipment, net $ 63,533  $ 59,451 

The portion of depreciation expense related to production and distribution facilities is included in cost of goods sold including occupancy costs on the unaudited consolidated statements of operations. Depreciation expense recorded in cost of goods sold and general and administrative expenses was as follows:
Three Months Ended June 30, Six Months Ended June 30,
2023 2022 2023 2022
Cost of goods sold $ 343  $ 207  $ 688  $ 412 
General and administrative 1,276  811  2,636  1,586 
Total depreciation expense $ 1,619  $ 1,018  $ 3,324  $ 1,998