Balance Sheet Components

12 Months Ended

Dec. 31, 2022

Statement Of Financial Position [Abstract]

Balance Sheet Components

6. Balance Sheet Components

The Company’s inventories are stated at the lower of cost or market value. Inventories consist of (in thousands):

	December 31,
	2022		2021
Raw materials	$	13,333	$	7,182
Work-in-progress		55		—
Finished goods		15,570		12,742
Total	$	28,958	$	19,924

Property and equipment, net consists of (in thousands):

	December 31,
	2022			2021
Building and leasehold improvements	$	1,941		$	1,304
Furniture, fixtures and office equipment		726			1,379
Plant and machinery		15,311			13,244
Purchased software		718			2,281
Total		18,696			18,208
Accumulated depreciation		(11,977	)		(14,142	)
Property and equipment, net	$	6,719		$	4,066

The Company recorded depreciation expense of $1.2 million, $0.8 million and $0.7 million during the years ended December 31, 2022, 2021 and 2020, respectively.

Other accrued expenses and liabilities consist of (in thousands):

	December 31,
	2022		2021
Accrued professional fees	$	574	$	576
Accrued restructuring		24		294
Accrued warranties		345		377
Rental payments due to landlord		—		922
Other accrued expenses		1,675		1,605
Total	$	2,618	$	3,774