Note 15 - Consolidated Balance Sheet Detail

3 Months Ended

Mar. 31, 2022

Notes to Financial Statements

Supplemental Balance Sheet Disclosures [Text Block]

15. Unaudited Condensed Consolidated Balance Sheet detail

Property and equipment

(In thousands)	March 31, 2022			December 31, 2021
Property and equipment
Leasehold improvements	$	3,949		$	3,840
Furniture and computer equipment		1,819			1,861
Manufacturing and other equipment		16,807			16,675
Construction in-progress		2,818			2,022
Subtotal		25,393			24,398
Less: Accumulated depreciation		(7,134	)		(6,741	)
Net property and equipment	$	18,259		$	17,657

Depreciation expense for property and equipment was $757,000 and $575,000 for the three months ended March 31, 2022 and 2021, respectively.

Accrued expenses and other current liabilities

Accrued expenses and other current liabilities consist of the following:

(In thousands)	March 31, 2022		December 31, 2021
Accrued compensation	$	4,535	$	4,351
Accrued expenses		1,372		1,656
Deferred revenue, current		895		814
Accrued taxes		33		27
Other		131		294
Total accrued expenses and other current liabilities	$	6,966	$	7,142

Warranty reserve liability

We reserve estimated exposures on known claims, as well as anticipated claims, for product warranty and rework cost, based on historical product liability claims. Claim costs are deducted from the accrual when paid. Factors that could have an impact on the warranty accrual in any given period include the following: changes in manufacturing quality, changes in product costs, changes in product mix and any significant changes in sales volume.

A rollforward of our warranty liability is as follows:

	Three Months Ended March 31,
(In thousands)	2022			2021
Beginning balance	$	9,398		$	212
Provision for warranties		894			11
Settlements of warranty claims		(1,116	)		(22	)
Ending Balance	$	9,176		$	201