Annual report pursuant to Section 13 and 15(d)

Property and Equipment (Tables)

v3.22.1
Property and Equipment (Tables)
12 Months Ended
Dec. 31, 2021
Property and Equipment  
Schedule of Property and Equipment

Fortress’ property and equipment consisted of the following:

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Useful Life

    

December 31, 

    

December 31, 

($ in thousands)

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(Years)

​

2021

​

2020

​

​

​

Computer equipment

 

​

3

​

$

739

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$

663

Furniture and fixtures

 

​

5

​

 

1,387

​

 

1,199

Machinery & equipment

 

​

5

​

 

6,550

​

 

5,748

Leasehold improvements

 

​

2-15

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13,175

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10,580

Buildings

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​

40

​

​

581

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​

—

Construction in progress 1

 

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N/A

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2,028

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499

Total property and equipment

 

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​

​

​

24,460

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18,689

Less: Accumulated depreciation

 

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​

​

​

(9,394)

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(6,766)

Property and equipment, net

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​

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$

15,066

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$

11,923

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Note 1: Relates to the Mustang cell processing facility.