Property, Plant and Equipment, Net |
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| Property, Plant and Equipment, Net | Note 6. Property, Plant and Equipment, Net The following table summarizes property, plant and equipment, net as of March 31, 2025 and December 31, 2024:
1 - Leasehold improvements are amortized over the shorter of their estimated useful lives or the related lease life. 2 - Customer beverage equipment consists of brewers held on site at customer locations. 3 - Lease right-of-use assets are amortized over the shorter of the useful life of the asset or the lease term. Depreciation expense for the three months ended March 31, 2025 and 2024 was $9.8 million and $5.5 million, respectively. Assets classified as construction in progress and equipment deposits are not depreciated, as they are not ready for production use. All assets classified as construction in progress and equipment deposits at March 31, 2025 are expected to be in production use. |
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