Accrued Expenses

12 Months Ended

Dec. 31, 2023

Accrued Expenses

Accrued Expenses

8. Accrued Expenses

Accrued expenses consisted of the following (in thousands):

	December 31,		December 31,
	2023		2022
Accrued employee compensation and benefits	$	5,994	$	4,909
Accrued warranty		942		1,119
Accrued professional fees		560		677
Contingent consideration		500		1,243
Accrued other		717		899
	$	8,713	$	8,847

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

	Year Ended December 31,
	2023		2022
Accrual balance at beginning of period	$	1,119	$	1,593
Provision for new warranties		1,273		1,396
Settlements and adjustments made during the period		(1,450)		(1,870)
Accrual balance at end of period	$	942	$	1,119