3. |
Balance Sheet Components |
Inventories (in thousands):
|
|
|
|
|
|
|
|
|
September 30, |
|
December 31, |
|
|
2023 |
|
2022 |
Raw materials |
|
$ |
656 |
|
$ |
3,043 |
Work in progress |
|
|
— |
|
|
13 |
Finished goods |
|
|
2,513 |
|
|
4,014 |
Total inventories |
|
$ |
3,169 |
|
$ |
7,070 |
Property and equipment, net (in thousands):
|
|
|
|
|
|
|
|
|
September 30, |
|
December 31, |
|
|
2023 |
|
2022 |
Machinery and equipment |
|
$ |
741 |
|
$ |
691 |
Leasehold improvements |
|
|
— |
|
|
127 |
Tooling |
|
|
11 |
|
|
11 |
|
|
|
752 |
|
|
829 |
Less: Accumulated depreciation and amortization |
|
|
(643) |
|
|
(655) |
Property and equipment, net |
|
$ |
109 |
|
$ |
174 |
3. |
Balance Sheet Components, continued |
Depreciation and amortization expense for the three months ended September 30, 2023 and 2022 was $18,000 and $31,000, respectively. Depreciation and amortization expense for the nine months ended September 30, 2023 and 2022 was $82,000 and $91,000, respectively.
The cost and accumulated depreciation of assets acquired under finance lease included in machinery and equipment in the above table as of September 30, 2023 were $72,000 and $72,000 respectively.
Accrued liabilities (in thousands):
|
|
|
|
|
|
|
|
|
September 30, |
|
December 31, |
|
|
2023 |
|
2022 |
Accrued vacation |
|
$ |
427 |
|
$ |
422 |
Accrued audit fees |
|
|
168 |
|
|
179 |
Accrued rebate |
|
|
107 |
|
|
215 |
Accrued legal fees |
|
|
96 |
|
|
43 |
Customer advance |
|
|
12 |
|
|
44 |
Accrued other |
|
|
395 |
|
|
424 |
Accrued compensation |
|
|
— |
|
|
136 |
Accrued lease liability, current portion |
|
|
— |
|
|
169 |
Total accrued liabilities |
|
$ |
1,205 |
|
$ |
1,632 |
|