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PROPERTY, PLANT AND EQUIPMENT
3 Months Ended
Mar. 31, 2025
Property, Plant and Equipment [Abstract]  
PROPERTY, PLANT AND EQUIPMENT PROPERTY, PLANT AND EQUIPMENT
The following table summarizes the Company's property, plant and equipment balances and includes the estimated useful lives that are generally used to depreciate the assets on a straight-line basis:
Estimated Useful
Life in Years
March 31,
2025
December 31,
2024
Merchandising equipment - coolers
3-7
$43,441 $39,231 
Vehicles
5
12,237 12,237 
Machinery and equipment
7-15
11,683 10,136 
Leasehold improvements
3-5
2,375 2,561 
Office equipment
3-7
1,681 2,228 
Less: accumulated depreciation(12,719)(10,791)
Property, plant and equipment-net$58,698 $55,602 
Depreciation expense amounted to approximately $2.4 million and $1.1 million for the three months ended March 31, 2025 and 2024, respectively, and is reflected in selling, general and administrative expenses.