Annual report pursuant to Section 13 and 15(d)

Balance Sheet Components

v3.22.4
Balance Sheet Components
12 Months Ended
Dec. 31, 2022
Balance Sheet Components  
Balance Sheet Components

3.

Balance Sheet Components

Inventories (in thousands):

    

December 31, 

2022

2021

Raw materials

$

3,043

$

2,057

Work in progress

13

1,403

Finished goods

 

4,014

 

1,320

Total inventories

$

7,070

$

4,780

Property and equipment, net (in thousands):

    

December 31, 

2022

2021

Machinery and equipment

$

691

$

965

Leasehold improvements

 

127

 

40

Tooling

 

11

 

11

Computer software

 

 

89

Furniture and fixtures

 

 

15

 

829

 

1,120

Less: Accumulated depreciation and amortization

 

(655)

 

(958)

Property and equipment, net

$

174

$

162

3.

Balance Sheet Components, continued

Depreciation and amortization expense for the years ended December 31, 2022 and 2021 was $122,000 and $79,000, respectively. The cost and accumulated depreciation of assets acquired under capital lease included in machinery and equipment in the above table as of December 31, 2022 were $72,000 and $56,000, respectively. The cost and accumulated depreciation of assets acquired under capital lease included in machinery and equipment in the above table as of December 31, 2021 were $72,000 and $32,000, respectively.

Accrued liabilities (in thousands):

    

December 31, 

2022

2021

Accrued vacation

$

422

$

385

Accrued rebate

 

215

 

356

Accrued audit fees

 

179

 

191

Accrued lease liability, current portion

169

Accrued compensation

 

136

 

231

Customer advance

44

Accrued legal fees

 

43

 

Accrued other

424

253

Total accrued liabilities

$

1,632

$

1,416