Guarantees

3 Months Ended

Mar. 31, 2024

We provide warranties on certain of our products at the time of sale and sell extended warranties. The standard warranty period for our capital equipment is generally one year and our extended warranties typically vary from one to three years. Liability under service and warranty policies is based upon a review of historical warranty and service claim experience. Adjustments are made to accruals as claim data and historical experience warrant.

Changes in the liability for standard warranties for the three months ended March 31, are as follows:


	2024		2023
Balance as of January 1,	$	1,802	$	1,944

Provision for warranties	43		115
Claims made	(183)		(198)

Balance as of March 31,	$	1,662	$	1,861

Costs associated with extended warranty repairs are recorded as incurred and amounted to $1.3 million and $1.5 million for the three months ended March 31, 2024 and 2023, respectively.