Quarterly report pursuant to Section 13 or 15(d)

Balance Sheet Components

v3.22.2.2
Balance Sheet Components
9 Months Ended
Sep. 30, 2022
Balance Sheet Components  
Balance Sheet Components

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