Balance Sheet Components

9 Months Ended

Sep. 30, 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 net realizable value. Inventories consists of (in thousands):

	September 30,		December 31,
	2022		2021
Raw materials	$	11,195	$	7,182
Work-in-progress		31		—
Finished goods		13,834		12,742
Total	$	25,060	$	19,924

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

	September 30,			December 31,
	2022			2021
Building and leasehold improvements	$	583		$	1,304
Furniture, fixtures and office equipment		1,411			1,379
Plant and machinery		16,464			13,244
Purchased software		2,307			2,281
Total		20,765			18,208
Accumulated depreciation		(14,576	)		(14,142	)
Property and equipment, net	$	6,189		$	4,066

The Company recorded depreciation expenses of $0.3 million and $0.2 million during the three months ended September 30, 2022 and 2021, respectively, and $0.8 million and $0.6 million during the nine months ended September 30, 2022 and 2021, respectively.

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

	September 30,		December 31,
	2022		2021
Accrued professional fees	$	563	$	576
Accrued warranties		382		377
Customer deposits		224		149
Rental payments due to landlord		—		922
Accrued restructuring		31		294
Other accrued expenses		1,717		1,456
Total	$	2,917	$	3,774