Accrued Expenses

3 Months Ended

Mar. 31, 2023

Accrued Expenses

Accrued Expenses

6. Accrued Expenses

Accrued expenses consisted of the following (in thousands):

	March 31,		December 31,
	2023		2022
Accrued employee compensation and benefits	$	2,904	$	4,909
Accrued warranty		830		1,119
Accrued professional fees		554		677
Contingent consideration		939		1,243
Purchase price holdback		900		—
Accrued other		1,101		899
	$	7,228	$	8,847

Changes in the Company’s product warranty obligation were as follows (in thousands):

	Three Months Ended March 31,
	2023		2022
Accrual balance at beginning of period	$	1,119	$	1,593
Provision for new warranties		208		271
Settlements and adjustments made during the period		(497)		(535)
Accrual balance at end of period	$	830	$	1,329