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Balance Sheet Components
3 Months Ended
Mar. 31, 2019
Balance Sheet Related Disclosures [Abstract]  
Balance Sheet Components

2. Balance Sheet Components

Inventory

Inventory consists of the following (in thousands):

 

 

 

March 31,

 

 

December 31,

 

 

 

2019

 

 

2018

 

Work in process

 

$

1,369

 

 

$

961

 

Finished goods

 

 

1,390

 

 

 

1,246

 

Total inventory

 

$

2,759

 

 

$

2,207

 

 

Property and Equipment - Net

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

 

 

 

March 31,

 

 

December 31,

 

 

 

2019

 

 

2018

 

Computer equipment and software

 

$

1,220

 

 

$

1,173

 

Leasehold improvements

 

 

84

 

 

 

84

 

Furniture

 

 

30

 

 

 

30

 

Total property and equipment

 

 

1,334

 

 

 

1,287

 

Less: accumulated depreciation

 

 

(764

)

 

 

(676

)

Total property and equipment - net

 

$

570

 

 

$

611

 

 

 

The Company recorded $0.1 million and $0.1 million of depreciation expense for the three months ended March 31, 2019 and 2018, respectively.

Accrued Liabilities

Accrued liabilities consist of the following (in thousands):

 

 

 

March 31,

 

 

December 31,

 

 

 

2019

 

 

2018

 

Payroll-related expenses

 

$

437

 

 

$

398

 

Engineering services

 

 

221

 

 

 

134

 

Professional fees

 

 

95

 

 

 

48

 

Accrued warranty

 

 

77

 

 

 

73

 

Taxes payable

 

 

35

 

 

 

28

 

Other

 

 

25

 

 

 

37

 

Total accrued liabilities

 

$

890

 

 

$

718

 

 

Customer Deposits

Customer deposits represent payments received in advance of shipments and fluctuate depending on timing of customer pre-payments and product shipment. Customer deposits were $0.2 million and $2,000 as of March 31, 2019 and December 31, 2018, respectively. The Company generally expects to recognize revenue from customer deposits during the three month interim period immediately following the balance sheet date. During the three months ended March 31, 2019, the Company recognized $2,000 of revenue from the December 31, 2018 customer deposits balance.