Accrued Expenses (Tables)

12 Months Ended

Dec. 31, 2023

Payables and Accruals [Abstract]

Summary of Accounts Payable and Accrued Expenses

Accrued expenses consisted of the following:

	December 31,
(table only in thousands)	2023		2022
Compensation and related benefits	$	11,278	$	9,577
Accrued warranty		5,105		3,691
Contract liability		7,875		4,516
Short-term operating lease liability		4,278		3,228
Other		15,765		12,779
Total accrued expenses	$	44,301	$	33,791

Summary of Activity of Current Portion of Earnout Liability

The activity in the Company’s earnout liability consisted of the following:

	December 31,
(table only in thousands)	2023			2022
Earnout accrued at beginning of year	$	1,200		$	1,037
Fair value of earnout at acquisition date		2,800			1,429
Fair value adjustment		296			(229	)
Payments and other		(2,096	)		(1,037	)
Earnout accrued at end of year	$	2,200		$	1,200
Current portion, recorded within Accrued expenses		1,115			1,200
Non-current portion, recorded within Other liabilities		1,085			—