Balance Sheet Details

9 Months Ended

Sep. 30, 2024

Balance Sheet Related Disclosures [Abstract]

Inventory

Inventory consists of the following (in thousands):


	September 30,		December 31,
	2024		2023
Component materials	$	3,991	$	3,405
Finished goods		2,919		2,463
Total	$	6,910	$	5,868

Property and Equipment, net

Property and equipment are comprised of the following (in thousands):


	September 30,		December 31,
	2024		2023
Furniture and fixtures	$	730	$	589
Computer equipment and software		391	515
Laboratory and manufacturing equipment		1,405		1,106
Leasehold improvements		804	348
Construction in progress		664	387
Total Property and Equipment		3,994		2,945
Less: accumulated depreciation and amortization		1,726		1,368
Property and Equipment, Net	$	2,268	$	1,577

Depreciation and amortization expense was $164,000 and $173,000 for the three months ended September 30, 2024 and 2023, respectively, and $482,000 and $373,000 for the nine months ended September 30, 2024 and 2023, respectively.

Other Non-Current Assets

Other non-current assets are comprised of the following (in thousands):


	September 30,			December 31,
	2024			2023
Recorders at customer locations	$	1,181		$	969
Less: accumulated depreciation of recorders at customer locations		(712	)		(484	)
Recorders at customer locations, net	469			485
Recorders and related components		1,158			1,347
Deferred IPO cost		3,895		—
Deferred debt financing cost		378		—
Other non-current assets		217			152
Total non-current assets	$	6,117		$	1,984

Recorder depreciation expense was $79,000 and $90,000 for the three months ended September 30, 2024 and 2023, respectively, and $295,000 and $241,000 for the nine months ended September 30, 2024 and 2023, respectively.

Accrued Liabilities

Accrued liabilities are comprised of the following (in thousands):


	September 30,		December 31,
	2024		2023
Accrued bonuses and payroll	$	2,925	$	3,132
Accrued commissions		2,509		2,190
Professional fees and other costs		3,046		2,106
Other		94	112
Total	$	8,574	$	7,540