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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2023
Accounting Policies [Abstract]  
Summary of Reconciliation of Components of Cash and Cash Equivalents and Restricted Cash The following table provides a reconciliation of the components of cash and cash equivalents and restricted cash reported in the Company’s consolidated balance sheets to the total of the amount presented in the consolidated statements of cash flows:

 

 

 

Year Ended December 31,

 

(in thousands)

 

2023

 

 

2022

 

Cash and cash equivalents

 

$

4,405

 

 

$

36,194

 

Restricted cash

 

 

 

 

 

1,523

 

Cash, cash equivalents, and restricted cash at end of period presented in the consolidated statement of cash flows

 

$

4,405

 

 

$

37,717

 

Summary of Activity in Allowance for Credit losses The following table sets forth activities in the allowance for credit losses for the periods indicated:

 

 

Year Ended December 31,

 

(in thousands)

 

2023

 

 

2022

 

Allowance for credit losses, beginning balance

 

$

76

 

 

$

109

 

Net charges to expense or revenue

 

 

3,960

 

 

 

596

 

Write-offs, net of recoveries

 

 

(25

)

 

 

(629

)

Allowance for credit losses, ending balance

 

$

4,011

 

 

$

76

 

Summary of Changes in Product Warranty Liability

The following table summarizes the changes in product warranty liability:

 

 

Year Ended December 31,

 

 (in thousands)

 

2023

 

 

2022

 

Balance at the beginning of the period

 

$

4,351

 

 

$

3,393

 

Provision for warranty

 

 

1,702

 

 

 

1,149

 

Warranty usage

 

 

(421

)

 

 

(191

)

Balance at the end of the period

 

$

5,632

 

 

$

4,351