Balance Sheet Details (Restated)

6 Months Ended

Jun. 30, 2023

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Balance Sheet Details

Balance Sheet Details (Restated)

Inventories, net (Restated)

As of June 30, 2023 and December 31, 2022, inventories consist of the following (in thousands):

	June 30, 2023		December 31, 2022
	(As Restated)
Raw materials	$	38,128	$	36,323
Work in process	892		2,117
Finished goods	25,144		25,188
Total	$	64,164	$	63,628

Other current assets and prepaid expenses (Restated)

Other current assets and a prepaid expenses, consists of the following (in thousands):

	June 30, 2023		December 31, 2022
	(As Restated)
Deposits with vendors	$	11,951	$	13,917
Foreign tax receivable	9,563		7,147
Prepayments	3,284		2,972
Total	$	24,798	$	24,036

Property and Equipment, net (Restated)

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

	June 30, 2023		December 31, 2022
	(As Restated)
Leasehold improvements	$	793	$	793
AviClear devices	39,107		19,904
Office equipment and furniture	2,026		1,936
Machinery and equipment	5,697		5,106
Assets under construction	25,250		17,876
	72,873		45,615
Less: Accumulated depreciation	(8,162)		(5,247)
Property and equipment, net	$	64,711	$	40,368

Accrued Liabilities

As of June 30, 2023 and December 31, 2022, accrued liabilities consist of the following (in thousands):

	June 30, 2023		December 31, 2022
Bonus and payroll-related accruals	$	18,709	$	18,951
Sales and marketing accruals	4,832		5,347
Liability for inventory in transit	3,762		7,028
Product warranty	3,104		3,254
Accrued sales tax	10,420		9,066
Other accrued liabilities	12,937		13,806
Total	$	53,764	$	57,452