Expected useful lives are reviewed at least annually. Estimated useful lives are as follows:
|
|
|
|
|
|
Property, plant and equipment |
Estimated useful life in years |
Computer equipment |
3 |
Furniture and fixtures |
7 |
Laboratory equipment |
3-10 |
Software |
3-5 |
Leasehold improvements |
5 or lease term |
The property, plant and equipment, net balances were as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
Successor |
|
December 31, 2021 |
|
December 31, 2020 |
Computer equipment |
$ |
1,380 |
|
|
$ |
739 |
|
Furniture and fixtures |
783 |
|
|
442 |
|
Laboratory equipment |
16,856 |
|
|
1,357 |
|
Software |
— |
|
|
359 |
|
Leasehold improvements |
2,205 |
|
|
672 |
|
Construction in process |
415 |
|
|
— |
|
Less: accumulated depreciation |
(2,255) |
|
|
(307) |
|
Total property, plant and equipment, net |
$ |
19,384 |
|
|
$ |
3,262 |
|
The table below presents the depreciation expense related to property, plant and equipment for the following periods:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Successor |
|
|
Predecessor |
|
|
|
|
|
Year Ended December 31, 2021 |
|
Period from February 10, 2020 to December 31, 2020 |
|
|
Period from January 1, 2020 to June 21, 2020 |
Depreciation expense |
|
|
|
|
$ |
1,944 |
|
|
$ |
307 |
|
|
|
$ |
59 |
|
|