Quarterly report pursuant to Section 13 or 15(d)

Accrued Expenses (Tables)

v3.23.1
Accrued Expenses (Tables)
3 Months Ended
Mar. 31, 2023
Summary of Accrued Expenses

Accrued expenses consist of the following:

 

 

 

March 31,

 

 

December 31,

 

 

 

2023

 

 

2022

 

 

 

(in thousands)

 

Accrued compensation

 

$

1,697

 

 

$

5,146

 

Accrued sales taxes payable

 

 

663

 

 

 

192

 

Accrued professional services

 

 

2,673

 

 

 

813

 

Accrued materials

 

 

3,743

 

 

 

2,950

 

Accrued other

 

 

1,600

 

 

 

777

 

Accrued warranty

 

 

680

 

 

 

820

 

Accrued expenses

 

$

11,056

 

 

$

10,698

 

Changes in our Product warranty

Changes in our product warranty consist of the following:

 

 

 

March 31,

 

 

December 31,

 

 

 

2023

 

 

2022

 

 

 

(in thousands)

 

Beginning balance

 

$

820

 

 

$

452

 

Accrual (reversal) for warranty expense

 

 

(216

)

 

 

(427

)

Warranty costs incurred during period

 

 

76

 

 

 

795

 

Ending balance

 

$

680

 

 

$

820