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Accrued Expenses and Other Current Liabilities
3 Months Ended
Mar. 31, 2024
Accrued Liabilities and Other Liabilities [Abstract]  
Accrued Expenses and Other Current Liabilities
7.
Accrued Expenses and Other Current Liabilities

Accrued expenses and other current liabilities consist of the following (in thousands):

 

 

March 31,
2024

 

 

December 31,
2023

 

Marketing reimbursement

 

$

2,031

 

 

$

2,834

 

Accrued compensation

 

 

2,752

 

 

 

1,687

 

Accrued clinical trials and R&D

 

 

4,549

 

 

 

3,694

 

Accrued selling and marketing

 

 

845

 

 

 

1,110

 

Accrued professional fees

 

 

1,152

 

 

 

1,505

 

Accrued warranty

 

 

21

 

 

 

44

 

Accrued restructuring

 

 

8

 

 

 

655

 

Other accrued expenses

 

 

3,148

 

 

 

3,966

 

Total accrued expenses and other current liabilities

 

$

14,506

 

 

$

15,495

 

 

In connection with strategic initiatives implemented during the period ended December 31, 2023, the Company's management approved and initiated plans to reduce its cost structure. During the three months ended March 31, 2024, the Company recorded less than $0.1 million in restructuring charges and paid $0.7 million in restructuring charges.