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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2023
Summary of Significant Accounting Policies  
Schedule of accounts receivable net

Accounts receivable, net consisted of the following (in thousands):

December 31, 

December 31,

2023

2022

Trade accounts receivable

$

11,489

$

10,498

Unbilled accounts receivable

475

551

Allowance for product returns and price adjustments

(410)

(384)

Accounts receivable, net

$

11,554

$

10,665

Schedule of revenue and accounts receivable for each significant customer

Revenue

Accounts Receivable

 

Year Ended December 31, 

December 31, 

December 31,

 

Customers

2023

    

2022

    

    

2023

    

2022

 

Customer A

*

18

%

*

30

%

Customer B

15

%

15

%

13

%

18

%

Customer C

12

%

11

%

*

*

Customer D

11

%

*

22

%

*

Customer E

17

%

*

37

%

*

*

Less than 10%

Schedule of fair value of financial assets and liabilities measured on recurring basis

The following tables sets forth the fair value of the Company’s financial assets and liabilities measured at fair value on a recurring basis (in thousands):

December 31, 2023

    

Level 1

    

Level 2

    

Level 3

    

Total

Assets:

  

  

  

Money market funds

$

36,946

  

$

  

$

  

$

36,946

Total assets measured at fair value

$

36,946

  

$

  

$

  

$

36,946

December 31, 2022

    

Level 1

    

Level 2

    

Level 3

    

Total

Assets:

  

  

  

Money market funds

$

26,812

  

$

  

$

  

$

26,812

Total assets measured at fair value

$

26,812

  

$

  

$

  

$

26,812

Liabilities:

  

  

  

Warrant liability

$

  

$

  

$

27

  

$

27

Total liabilities measured at fair value

$

  

$

  

$

27

  

$

27

Schedule of estimated useful lives of the assets

Useful Lives

Computer and network equipment

2 years

Manufacturing equipment

2 – 7 years

Furniture and fixtures

7 years

Software

3 years

Leasehold improvements

Lesser of useful life of the asset or the remaining lease term