Inventory consisted of the following.


	As of
	December 31, 2023		December 31, 2022
Finished Goods	$	41,206	$	74,276
Raw Materials		369		1,449
Total inventory	$	41,575	$	75,725

The Company writes-down inventory for any excess or obsolete inventories or when the Company believes the net realizable value of inventories is less than the carrying value. During the years ended December 31, 2023 and 2022, the Company recorded write-downs of $2,837 and $117, respectively.

Prepaid expenses and other current assets consisted of the following.


	As of
	December 31, 2023		December 31, 2022
Prepaid expenses	$	7,144	$	5,042
Other current assets		2,215		4,140
Total prepaid expenses and other current assets	$	9,359	$	9,182

Property and equipment, net consisted of the following.


	As of
	December 31, 2023			December 31, 2022
Computer hardware	$	2,242		$	2,192
Leasehold improvements		717			698
Warehouse and other equipment		748			632
Furniture and fixtures		146			163
Property and equipment		3,853			3,685
Less: Accumulated depreciation		(2,453	)		(1,616	)
Total property and equipment, net	$	1,400		$	2,069

Depreciation and amortization expense on all property, plant and equipment was $837, $816 and $463 during the years ended December 31, 2023, 2022 and 2021, respectively.

Intangible assets, net consisted of the following.


	As of
	December 31, 2023							December 31, 2022
	Gross		Accumulated Amortization			Net		Gross		Accumulated Amortization			Net
Customer relationships	$	22,990	$	(4,001	)	$	18,989	$	22,990	$	(1,778	)	$	21,212
Developed technology		10,600		(2,911	)		7,689		10,600		(1,440	)		9,160
Trade name		900		(329	)		571		900		(149	)		751
Total intangible assets, net	$	34,490	$	(7,241	)	$	27,249	$	34,490	$	(3,367	)	$	31,123

Amortization expense on all intangible assets was $3,874 and $3,367 for the years ended December 31, 2023 and 2022, respectively. There was no amortization expense for the year ended December 31, 2021 as the assets were acquired on December 31, 2021 or thereafter. Total future amortization for finite-lived intangible assets is estimated as follows.


	Amortization Expense
2024	$	3,873
2025		3,873
2026		3,873
2027		3,734
2028		3,693
Thereafter		8,203
Total	$	27,249

Other long-term assets consisted of the following.


	As of
	December 31, 2023		December 31, 2022
Capitalized software costs, net	$	5,632	$	3,066
Operating lease - ROU asset, net		2,550		3,968
Investment in non-affiliate		2,250		-
Restricted cash, long-term portion		-		247
Other long-term assets		1,816		2,240
Total other long-term assets	$	12,248	$	9,521

Amortization expense on capitalized research and development costs was $822 and $79 for the years ended December 31, 2023 and 2022, respectively, which is primarily related to capitalized software costs and was recorded in research and development expenses on the Consolidated Statements of Operations and Comprehensive Loss. There was no such amortization expense recorded during the year ended December 31, 2021.

In December 2023, the Company invested $2,250 in a non-affiliated, privately held entity, under a Simple Agreement for Future Equity ("SAFE") agreement. The non-affiliated entity provides support and consultation for consumers looking to manage and upgrade the technology within their home. The Company’s investment in the SAFE is recorded using the cost method of accounting and included under other long-term assets on the Consolidated Balance Sheets, as it is not readily convertible into cash. If the Company identifies factors that may be indicative of impairment the Company will review the investment for impairment. For the year ended December 31, 2023, the Company did not identify any factors indicative of impairment.

Accrued expenses and other current liabilities consisted of the following.


	As of
	December 31, 2023		December 31, 2022
Accrued compensation costs	$	10,272	$	14,157
Accrued expenses		6,674		8,571
Warranty allowance		2,215		2,277
Other		5,815		9,391
Total accrued expenses and other current liabilities	$	24,976	$	34,396