|
3. Balance Sheet Components
Inventories (in thousands):
|
|
|
|
|
|
|
|
|
March 31, |
|
December 31, |
|
|
2022 |
|
2021 |
|
|
|
|
|
|
|
Raw materials |
|
$ |
1,915 |
|
$ |
2,057 |
Work in progress |
|
|
1,186 |
|
|
1,403 |
Finished goods |
|
|
3,126 |
|
|
1,320 |
Total inventories |
|
$ |
6,227 |
|
$ |
4,780 |
3. Balance Sheet Components, continued
Property and equipment, net (in thousands):
|
|
|
|
|
|
|
|
|
March 31, |
|
December 31, |
|
|
2022 |
|
2021 |
|
|
|
|
|
|
|
Machinery and equipment |
|
$ |
963 |
|
$ |
965 |
Tooling |
|
|
11 |
|
|
11 |
Computer software |
|
|
89 |
|
|
89 |
Furniture and fixtures |
|
|
15 |
|
|
15 |
Leasehold improvements |
|
|
127 |
|
|
40 |
|
|
|
1,205 |
|
|
1,120 |
Less: Accumulated depreciation and amortization |
|
|
(974) |
|
|
(958) |
Property and equipment, net |
|
$ |
231 |
|
$ |
162 |
Depreciation and amortization expense for the three months ended March 31, 2022 and 2021 was $29,000 and $19,000, respectively.
The cost and accumulated depreciation of assets acquired under finance lease included in machinery and equipment in the above table as of March 31, 2022 were $72,000 and $38,000 respectively.
Accrued liabilities (in thousands):
|
|
|
|
|
|
|
|
|
March 31, |
|
December 31, |
|
|
2022 |
|
2021 |
|
|
|
|
|
|
|
Accrued vacation |
|
$ |
420 |
|
$ |
385 |
Accrued rebate |
|
|
346 |
|
|
356 |
Customer advances |
|
|
265 |
|
|
— |
Accrued compensation |
|
|
238 |
|
|
231 |
Operating lease liabilities |
|
|
146 |
|
|
— |
Accrued audit fees |
|
|
79 |
|
|
191 |
Accrued other |
|
|
233 |
|
|
253 |
Total accrued liabilities |
|
$ |
1,727 |
|
$ |
1,416 |
|