Balance Sheet Components

9 Months Ended

Sep. 30, 2019

Statement Of Financial Position [Abstract]

Balance Sheet Components

7. Balance Sheet Components

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

	September 30,		December 31,
	2019		2018
Raw materials	$	4,760	$	4,598
Work-in-progress		143		77
Finished goods		9,061		8,956
Total	$	13,964	$	13,631

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

	September 30,			December 31,
	2019			2018
Building and leasehold improvements	$	1,156		$	1,250
Furniture, fixtures and office equipment		1,256			1,806
Plant and machinery		10,441			9,484
Purchased software		2,159			2,167
Total		15,012			14,707
Accumulated depreciation		(12,810	)		(12,083	)
Property and equipment, net	$	2,202		$	2,624

The Company recorded depreciation expense of $0.3 million during each of the three months ended September 30, 2019 and 2018, and $0.8 million and $0.6 million during the nine months ended September 30, 2019 and 2018, respectively.

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

	September 30,		December 31,
	2019		2018
Accrued professional fees	$	1,446	$	1,504
Customer deposits		86		1,517
Accrued warranties		565		316
Earnout liability		375		—
Other accrued expenses		1,707		1,940
Total	$	4,179	$	5,277