XML 22 R12.htm IDEA: XBRL DOCUMENT v3.23.2
Additional Balance Sheet Information
 6 Months Ended
Jun. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Additional Balance Sheet Information Additional Balance Sheet Information
Inventories are valued at the lower of cost or net realizable value using the first-in, first-out (“FIFO”) method for electric motorcycles and related products and average costing method for electric balance bikes. Inventories, net consisted of the following (in thousands):
June 30,
2023		December 31,
2022
Raw materials and work in process$2,793 $48 
Electric motorcycles and electric balance bikes26,15025,291
Parts and accessories and apparel3,2313,876
Inventories, net$32,174 $29,215 

Accrued liabilities primarily include accrued capital expenditures of $4,825 thousand, accrued payroll and employee benefits of $4,428 thousand, and accrued engineering costs of $3,759 thousand as of June 30, 2023. Accrued liabilities primarily include accrued capital expenditures of $7,748 thousand, accrued payroll and employee benefits of $4,641 thousand, and accrued engineering costs of $4,377 thousand as of December 31, 2022.