Inventory consisted of the following.


	As of
	June 30, 2024		December 31, 2023
Finished Goods	$	34,030	$	41,206
Raw Materials		390		369
Total inventory	$	34,420	$	41,575

The Company writes-down inventory for any excess or obsolete inventories or when the Company believes the net realizable value of inventories is less than the carrying value. During the three months ended June 30, 2024 and 2023 the Company recorded write-downs of $75 and $207. During the six months ended June 30, 2024 and 2023, the Company recorded write-downs of $171 and $273, respectively.

Prepaid expenses and other current assets consisted of the following.


	As of
	June 30, 2024		December 31, 2023
Prepaid expenses	$	7,174	$	7,144
Other current assets		8,005		2,215
Total prepaid expenses and other current assets	$	15,179	$	9,359

Property and equipment, net consisted of the following.


	As of
	June 30, 2024			December 31, 2023
Computer hardware	$	2,419		$	2,242
Leasehold improvements		731			717
Warehouse and other equipment		821			748
Furniture and fixtures		178			146
Property and equipment		4,149			3,853
Less: Accumulated depreciation		(2,830	)		(2,453	)
Total property and equipment, net	$	1,319		$	1,400

Depreciation and amortization expense on all property, plant and equipment was $195 and $197 during the three months ended June 30, 2024 and 2023, respectively. Depreciation and amortization expense on all property, plant and equipment was $377 and $400 during the six months ended June 30, 2024 and 2023, respectively.

Intangible assets, net consisted of the following.


	As of
	June 30, 2024							December 31, 2023
	Gross		Accumulated Amortization			Net		Gross		Accumulated Amortization			Net
Customer relationships	$	22,990	$	(5,112	)	$	17,878	$	22,990	$	(4,001	)	$	18,989
Developed technology		10,600		(3,647	)		6,953		10,600		(2,911	)		7,689
Trade name		900		(419	)		481		900		(329	)		571
Total intangible assets, net	$	34,490	$	(9,178	)	$	25,312	$	34,490	$	(7,241	)	$	27,249

Amortization expense on all intangible assets was $968 and $969 for the three months ended June 30, 2024 and 2023, respectively. Amortization expense on all intangible assets was $1,937 and $1,938 for the six months ended June 30, 2024 and 2023, respectively. Total future amortization for finite-lived intangible assets is estimated as follows.


	Amortization Expense
2024 - Remaining	$	1,937
2025		3,873
2026		3,873
2027		3,734
2028		3,693
Thereafter		8,202
Total	$	25,312

Other long-term assets consisted of the following.


	As of
	June 30, 2024		December 31, 2023
Capitalized software costs, net	$	6,534	$	5,632
Investment in non-affiliate		-		2,250
Operating lease - ROU asset, net		1,819		2,550
Other long-term assets		2,704		1,816
Total other long-term assets	$	11,057	$	12,248

Amortization expense for capitalized software costs was $388 and $172 for the three months ended June 30, 2024 and 2023, respectively. Amortization expense for capitalized software costs was $711 and $254 for the six months ended June 30, 2024 and 2023, respectively.

In December 2023, the Company invested $2,250 in a non-affiliated, privately held entity, under a Simple Agreement for Future Equity ("SAFE") agreement. The non-affiliated entity provides support and consultation for consumers looking to manage and upgrade the technology within their home. The Company’s investment in the SAFE is recorded using the cost method of accounting and is included under other long-term assets on the Consolidated Balance Sheets, as it is not readily convertible into cash. If the Company identifies factors that may be indicative of impairment the Company will review the investment for impairment. During the three months ended June 30, 2024, the Company identified factors indicative of impairment and recorded an impairment charge of $2,250 in general and administrative expenses on the Consolidated Statements of Operations and Comprehensive Loss. During the year ended December 31, 2023, the Company did not identify any factors indicative of impairment.

Accrued expenses and other current liabilities consisted of the following.


	As of
	June 30, 2024		December 31, 2023
Accrued expenses	$	6,971	$	6,674
Accrued compensation costs		6,141		10,272
Warranty allowance		1,421		2,215
Other		12,163		5,815
Total accrued expenses and other current liabilities	$	26,696	$	24,976