XML 38 R27.htm IDEA: XBRL DOCUMENT
v3.23.3

FINANCIAL STATEMENT COMPONENTS (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
COMPONENTS OF INVENTORY | Inventory consists of the following: COMPONENTS OF INVENTORY
|  | September 30, |  |  | December 31, |
(in thousands) |  | 2023 |  |  | 2022 |
Raw materials |  | $ | 1,562 |  |  | $ | 1,556 |
Work in process |  |  | 305 |  |  |  | 305 |
Finished goods |  |  | 1,749 |  |  |  | - |
Total inventory |  | $ | 3,616 |  |  | $ | 1,861 |
COMPONENTS OF PROPERTY, PLANT AND EQUIPMENT | Property and equipment consists of the following: COMPONENTS OF PROPERTY, PLANT AND EQUIPMENT
|  | September 30, |  |  | December 31, |
(in thousands) |  | 2023 |  |  | 2022 |
Production equipment |  | $ | 6,140 |  |  | $ | 6,140 |
Leasehold improvements |  |  | 3,843 |  |  |  | 3,789 |
Computer hardware and software/lab equipment |  |  | 12,110 |  |  |  | 10,515 |
Office furniture and equipment |  |  | 5,196 |  |  |  | 1,804 |
Property and equipment, gross |  |  | 27,289 |  |  |  | 22,248 |
Less: Accumulated depreciation |  |  | (17,828 | ) |  |  | (15,418 | )
Property and equipment, net |  | $ | 9,461 |  |  | $ | 6,830 |
SUMMARY OF COMPONENTS OF INTANGIBLE ASSETS | The components of intangible assets were as follows: SUMMARY OF COMPONENTS OF INTANGIBLE ASSETS
As of September 30, 2023 |  | Gross |  |  |  |  |  | Net |  |  | Weighted |
|  | Carrying |  |  | Accumulated |  |  | Carrying |  |  | Average Remaining |
(in thousands) |  | Amount |  |  | Amortization |  |  | Amount |  |  | Period (Years) |
Acquired technology |  | $ | 20,172 |  |  | $ | 2,415 |  |  | $ | 17,757 |  |  |  | 12 |
Backlog |  |  | 26 |  |  |  | 17 |  |  |  | 9 |  |  |  | - |
|  | $ | 20,198 |  |  | $ | 2,432 |  |  | $ | 17,766 |  |  |  |  |
As of December 31, 2022 |  | Gross |  |  |  |  |  | Net |  |  | Weighted |
|  | Carrying |  |  | Accumulated |  |  | Carrying |  |  | Average Remaining |
(in thousands) |  | Amount |  |  | Amortization |  |  | Amount |  |  | Period (Years) |
Acquired technology |  | $ | 951 |  |  | $ | 876 |  |  | $ | 75 |  |  |  | 4 |
|  | $ | 951 |  |  | $ | 876 |  |  | $ | 75 |  |  |  |  |
ESTIMATED FUTURE AMORTIZATION EXPENSE RELATED TO INTANGIBLE ASSETS | The following table outlines our estimated future amortization expense related to intangible assets held at September 30, 2023 by line item on the statement of operations (in thousands): ESTIMATED FUTURE AMORTIZATION EXPENSE RELATED TO INTANGIBLE ASSETS
|  |  |  |  | Research and |  |  |  |
|  | Cost of |  |  | Development |  |  |  |
Years Ended December 31, |  | Revenue |  |  | Expense |  |  | Total |
2023 |  | $ | 387 |  |  | $ | 179 |  |  | $ | 566 |
2024 |  |  | 1,548 |  |  |  | 556 |  |  |  | 2,104 |
2025 |  |  | 1,548 |  |  |  | 52 |  |  |  | 1,600 |
2026 |  |  | 1,548 |  |  |  | 24 |  |  |  | 1,572 |
Thereafter |  |  | 11,924 |  |  |  | - |  |  |  | 11,924 |
Total |  | $ | 16,955 |  |  | $ | 811 |  |  | $ | 17,766 |

X
- Definition Tabular disclosure of amortization expense of assets, excluding financial assets, that lack physical substance, having a limited useful life. + References No definition available. + Details
Name: | us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 10 -Topic 360 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482099/360-10-50-1 + Details
Name: | us-gaap_PropertyPlantAndEquipmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the characteristics, including initial carrying value, residual amount, weighted average useful life, of finite-lived intangible assets acquired during the period by major class. A major class is composed of intangible assets that can be grouped together because they are similar, either by nature or by their use in the operations of the company. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482665/350-30-50-1 + Details
Name: | us-gaap_ScheduleOfAcquiredFiniteLivedIntangibleAssetsByMajorClassTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the carrying amount as of the balance sheet date of merchandise, goods, commodities, or supplies held for future sale or to be used in manufacturing, servicing or production process. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(6)(a)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(6)(b)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(6)(c)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483489/210-10-50-1 + Details
Name: | us-gaap_ScheduleOfInventoryCurrentTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration