Quarterly report pursuant to Section 13 or 15(d)

Balance Sheet Components

v3.22.1
Balance Sheet Components
3 Months Ended
Mar. 31, 2022
Balance Sheet Components  
Balance Sheet Components

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