v3.26.1
Supplemental Balance Sheet Information
 6 Months Ended
Jun. 30, 2026
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Supplemental Balance Sheet Information Supplemental Balance Sheet Information
The components of Receivables, net were as follows:
(in thousands)June 30, 2026December 31, 2025
Tenant improvement allowance receivables$4,598 $3,285 
Trade receivables— 23 
Other receivables312 142 
Receivables, net$4,910 $3,450 
The components of Inventories were as follows:
(in thousands)June 30, 2026December 31, 2025
Coffee beans and product inventory$2,972 $2,478 
Merchandise and supplies142 140 
Other278 280 
Inventories$3,392 $2,898 
The components of Property and equipment, net were as follows:
(in thousands)Estimated
Useful Lives		June 30, 2026December 31, 2025
Manufacturing equipment
3-7 years
$41,169 $35,366 
Leasehold improvements
7-15 years
66,253 58,688 
Buildings
15-39 years
26,762 16,103 
Furniture and fixtures
5-7 years
13,393 11,388 
Vehicles
5-7 years
487 482 
Software
5 years
239 239 
Construction in progress20,484 13,789 
Property and equipment, gross168,787 136,055 
Less accumulated depreciation(41,179)(34,848)
Property and equipment, net$127,608 $101,207 
Depreciation expense was approximately $3.4 million and $2.5 million for the three months ended June 30, 2026 and 2025, respectively, and was approximately $6.4 million and $4.8 million for the six months ended June 30, 2026 and 2025, respectively. Depreciation expense is included in operating expenses on the condensed consolidated statements of operations.