Balance Sheet Accounts

9 Months Ended

Sep. 30, 2020

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Balance Sheet Accounts

Balance Sheet Accounts

Inventory, Net

	September 30, 2020		December 31, 2019
	(in thousands)
Raw materials	$	6,188	$	5,506
Work in process	1,256		1,200
Finished goods	20,956		21,954
	$	28,400	$	28,660

Property and Equipment, Net

	September 30, 2020		December 31, 2019
	(in thousands)
Machinery and equipment	$	9,010	$	8,045
Building improvements	6,456		6,443
Furniture and fixtures	3,952		3,614
Building	2,472		2,472
Leasehold improvements	2,031		2,101
Land	802		802
Vehicles	397		463
Construction in Process	161		—
Total	25,281		23,940
Less: Accumulated depreciation and amortization	(9,018)		(7,522)
	$	16,263	$	16,418

For each of the three months ended September 30, 2020 and 2019, depreciation and amortization expense related to property and equipment was $0.6 million. For the nine months ended September 30, 2020 and 2019, depreciation and amortization expense related to property and equipment was $1.8 million and $1.9 million, respectively.

The Company entered into capital leases relating to equipment and vehicles and recorded the fair value of the lease payments on the initial contract date and is amortizing the assets over the term of the leases. As of each of September 30, 2020 and December 31, 2019, the gross asset value for capital lease assets was $1.4 million and $1.5 million. Depreciation expense for assets under capital leases was $20,000 and $21,000 for the three months ended September 30, 2020 and 2019, respectively. Depreciation expense for assets under capital leases was $62,000 and $63,000 for the nine months ended September 30, 2020 and 2019, respectively.

Accrued Liabilities

Accrued liabilities consisted of the following:

	September 30, 2020		December 31, 2019
	(in thousands)
Performance bonus	$	1,672	$	2,080
Payroll and related expenses	3,235		1,996
Bonus feature of stock option grants	5,380		4,212
Commissions	465		522
Professional and legal services	456		500
Short-term minimum lease payments under capital leases	53		258
Warranty reserve	275		313
Advisory board and board of director related expenses	80		124
Other	476		672
	$	12,092	$	10,677

Other Liabilities, Short Term

Other liabilities, short-term consisted of the following:

	September 30, 2020		December 31, 2019
	(in thousands)
Contingent equity consideration	$	—	$	922
Deferred revenue	683		785
Cash payable for asset acquisitions	412		492
	$	1,095	$	2,199

Other Liabilities, Long Term

Other liabilities, long-term consisted of the following:

	September 30, 2020		December 31, 2019
	(in thousands)
Deferred revenue	$	1,867	$	1,344
Cash payable for asset acquisitions	406		781
Other	309		336
	$	2,582	$	2,461