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Condensed Consolidated Financial Statement Details (Tables) | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2024 | Jun. 30, 2024
Property, Plant and Equipment [Abstract] |  |
Schedule of Inventory |  | Inventory consisted of the following (in thousands):
| As of June 30, 2024 |  | As of December 31, 2023
Raw materials | $ | 16,413 |  |  | $ | 15,473 |
Finished goods | 8,799 |  |  | 8,049 |
Total inventory | $ | 25,212 |  |  | $ | 23,522 |
Prepaid Expenses and Other Current Assets |  | Prepaid expenses and other current assets consisted of the following (in thousands):
| As of June 30, 2024 |  | As of December 31, 2023
Prepaid expenses | $ | 6,523 |  |  | $ | 6,143 |
Deferred contract acquisition costs | 6,347 |  |  | 6,177 |
Other | 2,431 |  |  | 2,375 |
Total prepaid expenses and other current assets | $ | 15,301 |  |  | $ | 14,695 |
Schedule of Property and Equipment, Net |  | Property and equipment, net, consisted of the following (in thousands):
| Useful Life |  | As of June 30, 2024 |  | As of December 31, 2023
| (in years) |  |  |  |
Equipment | 1 - 5 |  | $ | 34,679 |  |  | $ | 31,174 |
Software | 1 - 3 |  | 4,016 |  |  | 5,339 |
Furniture and fixtures | 1 - 7 |  | 531 |  |  | 520 |
Leasehold improvements | Lease term |  | 3,425 |  |  | 3,207 |
Construction in process |  |  | 18,505 |  |  | 13,731 |
Property and equipment, gross |  |  | 61,156 |  |  | 53,971 |
Less: accumulated depreciation |  |  | (27,144) |  |  | (24,095) |
Property and equipment, net |  |  | $ | 34,012 |  |  | $ | 29,876 |
Schedule of Accrued Liabilities |  | Accrued liabilities consisted of the following (in thousands):
| As of June 30, 2024 |  | As of December 31, 2023
Accrued compensation and benefits | $ | 12,243 |  |  | $ | 7,633 |
Accrued tax liabilities | 2,153 |  |  | 1,429 |
Lease liability | 4,874 |  |  | 4,998 |
Other | 8,128 |  |  | 7,328 |
Total accrued liabilities | $ | 27,398 |  |  | $ | 21,388 |
Schedule of Deferred Revenue |  | Deferred revenue consisted of the following (in thousands):
| As of June 30, 2024 |  | As of December 31, 2023
Deferred revenue: |  |  |
Products | $ | 1,833 |  |  | $ | 14,917 |
Services | 138,123 |  |  | 126,417 |
Total deferred revenue | 139,956 |  |  | 141,334 |
Less: current portion | (81,993) |  |  | (82,657) |
Non-current portion | $ | 57,963 |  |  | $ | 58,677 |
The following table reflects contract balances with customers (in thousands):
| As of June 30, 2024 |  | As of December 31, 2023
Accounts receivable, net | $ | 57,395 |  |  | $ | 74,307 |
Deferred revenue, current | 81,993 |  |  | 82,657 |
Deferred revenue, non-current | 57,963 |  |  | 58,677 |
Financing Receivable, Allowance for Credit Loss | Accounts Receivable Allowance for Credit Losses The following table presents the change in the Company’s accounts receivable allowance for credit losses (in thousands):
| As of June 30, 2024 |  | As of December 31, 2023
Allowance for credit losses, beginning balance | $ | 405 |  |  | $ | 32 |
Increase (decrease) in allowance | 954 |  |  | 1,181 |
Write-offs | (683) |  |  | (808) |
Allowance for credit losses, ending balance | $ | 676 |  |  | $ | 405 |

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