Certain Balance Sheet Accounts

6 Months Ended

Jun. 30, 2022

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Certain Balance Sheet Accounts

Certain Balance Sheet Accounts

Inventory

Substantially all of the Company's inventory consisted of finished goods as of June 30, 2022 and December 31, 2021.

Property and Equipment, net

Property and equipment consisted of the following as of:

	June 30, 2022		December 31, 2021
Tooling and manufacturing equipment	$	2,665	$	2,333
Furniture and fixtures	639		579
Computer equipment	701		625
Software	213		213
Leasehold improvements	29		26
Total property and equipment	4,247		3,776
Less accumulated depreciation and amortization	(2,534)		(1,906)
Property and equipment, net	$	1,713	$	1,870

Depreciation and amortization expense on property and equipment was $320 and $223 for the three months ended June 30, 2022 and June 30, 2021, respectively. For the three months ended June 30, 2022 and June 30, 2021, the Company allocated $208 and $147, respectively, of depreciation expense related to tooling and manufacturing equipment to cost of revenues.

Depreciation and amortization expense on property and equipment was $629 and $438 for the six months ended June 30, 2022 and June 30, 2021, respectively. For the six months ended June 30, 2022 and June 30, 2021, the Company allocated $398 and $297, respectively, of depreciation expense related to tooling and manufacturing equipment to cost of revenues.

Intangible Assets Subject to Amortization

Intangible assets were $2,403, net of accumulated amortization of $407 as of June 30, 2022 and $1,696, net of accumulated amortization of $329, as of December 31, 2021.

Capitalized software development costs were $1,886 and $1,101 as of June 30, 2022 and December 31, 2021, respectively. The Company's internally developed software capitalized within intangible assets on the balance sheet is still in development and not ready for general release. As such, the Company has not recognized any amortization for the six months ended June 30, 2022.

The Company did not recognize any impairment charges for intangible assets during the six months ended June 30, 2022 or 2021.

Accrued and Other Expenses

Accrued and other expenses, among other things, included accrued sales returns of $15,251 and $21,179 as of June 30, 2022 and December 31, 2021, respectively. As described in Note 1, $13,013 and $20,145 of the accrued sales returns as of June 30, 2022 and December 31, 2021, respectively, was attributable to returns resulting from the Warning Letter.

Changes in accrued warranty were as follows:

	For the Three Months Ended June 30,
	2022		2021
Accrued warranty, beginning of period	$	725	$	922
Provision for warranties issued during the period	193		262
Settlements of warranty claims during the period	(143)		(192)
Accrued warranty, end of period	$	775	$	992

	For the Six Months Ended June 30,
	2022		2021
Accrued warranty, beginning of period	$	661	$	924
Provision for warranties issued during the period	394		504
Settlements of warranty claims during the period	(280)		(436)
Accrued warranty, end of period	$	775	$	992

Stockholders' Equity

The Company is authorized to issue up to 100,000,000 shares of $0.0001 par value preferred stock, of which none is currently outstanding.