BALANCE SHEET COMPONENTS

12 Months Ended

Dec. 31, 2022

BALANCE SHEET COMPONENTS [Abstract]

BALANCE SHEET COMPONENTS

3.  BALANCE SHEET COMPONENTS

Inventory

(in thousands)	December 31, 2022		December 31, 2021
On hand:
Finished goods held for sale	$	35,234	$	34,928
Raw materials and work in process		925		828
Inventory in transit		2,068		2,328
TOTAL	$	38,227	$	38,084

Property and Equipment

(in thousands)	December 31, 2022			December 31, 2021
Building	$	9,266		$	9,257
Land		1,451			1,451
Leasehold improvements		1,870			1,833
Equipment and machinery		7,931			7,704
Furniture and fixtures		7,471			7,350
Vehicles		135			155
		28,124			27,750
Less: accumulated depreciation		(16,962	)		(15,989	)
TOTAL	$	11,162		$	11,761

Our property and equipment, net, was located in the following countries:

(in thousands)	December 31, 2022		December 31, 2021
United States	$	10,989	$	11,508
Canada		173		252
Spain		-		1
	$	11,162	$	11,761

Depreciation expense was $1.2 million and $1.1 million for the years ended December 31, 2022 and 2021, respectively.

Short-term Liabilities

Accrued Expenses and Other Liabilities	December 31, 2022		December 31, 2021
(in thousands)
Accrued employee related costs		1,432		2,508
Unearned gift card revenue		256		351
Estimated returns		72		242
Sales and payroll taxes payable		693		987
Accrued vendor payables		228		214
TOTAL	$	2,681	$	4,302