SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

9 Months Ended

Sep. 30, 2023

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Schedule of components of inventory

(4)   INVENTORY

The components of inventory are as follows (in thousands):

	September 30, 2023		December 31, 2022
Raw materials	$	3,408	$	3,506
Work-in-process		1,419		1,205
Finished goods		8,573		7,750
Inventory in transit		1,054		1,291
	$	14,454	$	13,752
Less: reserve		(268)		(268)
	$	14,186	$	13,484

Schedule of useful lives of finite-lived intangible assets by each asset category

	Estimated
	Useful Lives
	in years
Patents	11

Schedule of breakdown of disaggregated net revenue

The following table provides a breakdown of disaggregated net revenues for the three and nine months ended September 30, 2023 and 2022 related to devices accounted for as purchases subject to Accounting Standards Codification (“ASC”) 606 – “Revenue from Contracts with Customers” (“ASC 606”), leases subject to ASC 842 – “Leases” (“ASC 842”), and supplies (in thousands):

	For the Three Months Ended September 30,				For the Nine Months Ended September 30,
	2023		2022		2023		2022
Device revenue
Purchased	$	7,022	$	2,900	$	16,444	$	7,357
Leased		9,833		8,449		26,098		20,222
Total device revenue	$	16,855	$	11,349	$	42,542	$	27,579
Supplies revenue		33,060		30,171		94,495		81,783
Total revenue	$	49,915	$	41,520	$	137,037	$	109,362