Fortress Biotech, Inc. Quarterly report pursuant to Section 13 or 15(d)

Property, Plant and Equipment (Tables)

3 Months Ended

Mar. 31, 2023

Fortress’ property, plant and equipment consisted of the following:


	Useful Life		March 31,		December 31,
($ in thousands)	(Years)		2023		2022


Computer equipment		3	$	739	$	739
Furniture and fixtures		5		1,387		1,387
Machinery & equipment		5		9,269		8,632
Leasehold improvements		2-15		13,175		13,175
Buildings		40		581		581
Construction in progress ¹		N/A		333		952
Total property and equipment				25,484		25,466
Less: Accumulated depreciation				(13,290)		(12,446)
Property, plant and equipment, net			$	12,194	$	13,020

Note 1:

Relates to the Mustang cell processing facility.