Lightning eMotors, Inc. Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment (Tables)

3 Months Ended

Mar. 31, 2023

Cost and accumulated depreciation as of March 31, 2023 and December 31, 2022 are as follows:


	March 31, 2023		December 31, 2022
Machinery and equipment	$	3,173	$	2,945
Vehicles	3,988		3,634
Leasehold improvements	3,355		3,660
Computer equipment	702		688
Software	11		11
Furniture and fixtures	1,086		969
Capital projects in progress	3,360		2,317
Total cost	15,675		14,224
Accumulated depreciation and amortization	(3,200)		(2,705)
Total property and equipment, net	$	12,475	$	11,519

Depreciation and amortization expense associated with property and equipment is as follows for the periods indicated:


	Three Months Ended March 31,
	2023		2022
Cost of revenues	$	159	$	85
Research and development	15		92
Selling, general and administrative	320		179
Total depreciation and amortization expense	$	494	$	356