3. |
Balance Sheet Components |
Inventories (in thousands):
|
|
|
|
|
|
|
|
|
September 30, |
|
December 31, |
|
|
2022 |
|
2021 |
|
|
|
|
|
|
|
Raw materials |
|
$ |
3,116 |
|
$ |
2,676 |
Work in progress |
|
|
452 |
|
|
784 |
Finished goods |
|
|
3,716 |
|
|
1,320 |
Total inventories |
|
$ |
7,284 |
|
$ |
4,780 |
Property and equipment, net (in thousands):
|
|
|
|
|
|
|
|
|
September 30, |
|
December 31, |
|
|
2022 |
|
2021 |
Machinery and equipment |
|
$ |
992 |
|
$ |
965 |
Tooling |
|
|
11 |
|
|
11 |
Computer software |
|
|
— |
|
|
89 |
Furniture and fixtures |
|
|
15 |
|
|
15 |
Leasehold improvements |
|
|
127 |
|
|
40 |
|
|
|
1,145 |
|
|
1,120 |
Less: Accumulated depreciation and amortization |
|
|
(947) |
|
|
(958) |
Property and equipment, net |
|
$ |
198 |
|
$ |
162 |
Depreciation and amortization expense for the three months ended September 30, 2022 and 2021 was $31,000 and $20,000, respectively. Depreciation and amortization expense for the nine months ended September 30, 2022 and 2021 was $91,000 and $59,000, 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, 2022 were $72,000 and $50,000 respectively.
Accrued liabilities (in thousands):
|
|
|
|
|
|
|
|
|
September 30, |
|
December 31, |
|
|
2022 |
|
2021 |
Accrued rebate |
|
$ |
417 |
|
$ |
356 |
Accrued vacation |
|
|
401 |
|
|
385 |
Lease liability |
|
|
142 |
|
|
— |
Accrued audit fees |
|
|
140 |
|
|
191 |
Customer advances |
|
|
32 |
|
|
— |
Accrued compensation |
|
|
— |
|
|
231 |
Accrued other |
|
|
107 |
|
|
253 |
Total accrued liabilities |
|
$ |
1,239 |
|
$ |
1,416 |
|