Guarantees

6 Months Ended

Jun. 30, 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 six months ended June 30, are as follows:


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

Provision for warranties	109		304
Claims made	(363)		(377)

Balance as of June 30,	$	1,548	$	1,871

Costs associated with extended warranty repairs are recorded as incurred and amounted to $2.6 million for both the six months ended June 30, 2024 and 2023.