Supplementary Balance Sheet Information

3 Months Ended

Mar. 31, 2024

Disclosure Text Block Supplement [Abstract]

Selected financial data as of the dates presented below is as follows (in thousands, except useful life data):


Inventory, net	March 31, 2024		December 31, 2023
Raw materials	$	821	$	668
Finished goods		54,936		60,733
Inventory, net	$	55,757	$	61,401

The inventory reserve was $1.4 million and $1.0 million as of March 31, 2024 and December 31, 2023, respectively.


Property and equipment, net	Estimated Useful Life	March 31, 2024		December 31, 2023
Machinery and equipment	7 years	$	5,930	$	5,810
Vehicles	5 years		31		31
Computer software	5 years		192		192
Computer equipment	5 years		585		574
Furniture and fixtures	5 years		216		216
Leasehold improvements	3 - 6 years		465		457
Construction in progress			19		—
			7,438		7,280
Less: Accumulated depreciation			4,063		3,822
Property and equipment, net		$	3,375	$	3,458

For the three months ended March 31, 2024, and 2023 the Company recorded depreciation expense of $0.2 million and $0.2 million, respectively, in the condensed consolidated statements of operations and comprehensive (loss) income.


Accrued expenses and other current liabilities	March 31, 2024		December 31, 2023
Accrued vacation	$	1,031	$	856
Accrued compensation		1,740		2,514
Accrued interest		562		1,222
Accrued professional fees		519		409
Accrued warehouse and freight		502		1,001
Accrued other		1,472		1,974
Other current liabilities(1)		213		705
Accrued expenses and other current liabilities	$	6,039	$	8,681

(1)

Other current liabilities as of March 31, 2024 and 2023, primarily consist of the contingent shares liability related to the acquisition of fSight in Q1 2023. See Note 4 for additional information.


	March 31, 2024			December 31, 2023
Allowance for credit losses, beginning balance	$	4,011		$	76
Net charges to expense or revenue		(852	)		3,960
Write-offs, net of recoveries		—			(25	)
Allowance for credit losses, ending balance	$	3,159		$	4,011