Other Financial Information

3 Months Ended

Mar. 31, 2024

Other Financial InformationCash, Cash Equivalents and Restricted Cash

The Condensed Consolidated Statements of Cash Flows explain the changes in the total of cash, cash equivalents and restricted

cash, such as cash amounts deposited in restricted cash accounts in connection with the Company’s credit cards. The following table

presents a reconciliation of cash, cash equivalents and restricted cash, reported for each period within the Condensed Consolidated Balance

Sheets and the Condensed Consolidated Statements of Cash Flows that sum to the total of such amounts.


	March 31, 2024	December 31, 2023	March 31, 2023
	(In thousands)
Cash and cash equivalents	$70,781	$68,098	$66,332
Restricted cash, non-current (included in other assets, non-current)	126	127	123
Total cash, cash equivalents and restricted cash	$70,907	$68,225	$66,455

Accounts Receivable, net


	March 31, 2024	December 31, 2023
	(In thousands)
Accounts receivable, gross	$25,193	$47,075
Allowance for doubtful accounts	(138)	(138)
Accounts receivable, net	$25,055	$46,937

Inventories, net

Inventory amounts are stated at the lower of cost or net realizable value, using the first-in, first-out method.


	March 31, 2024	December 31, 2023
	(In thousands)
Raw materials	$8,883	$8,752
Work in process	7,507	5,234
Finished goods	16,579	13,319
Inventories, gross	32,969	27,305
Valuation adjustments for excess and obsolete inventory	(1,298)	(1,156)
Inventories, net	$31,671	$26,149

Accrued Expenses and Other Liabilities


	March 31, 2024	December 31, 2023
	(In thousands)
Current
Payroll, incentives and commissions payable	$4,577	$11,037
Warranty reserve	989	1,057
Income taxes payable	1,083	1,077
Other accrued expenses and other liabilities	1,693	2,412
Total accrued expenses and other liabilities	8,342	15,583

Other liabilities, non-current	132	207
Total accrued expenses, and current and non-current other liabilities	$8,474	$15,790