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Composition of Certain Financial Statement Items (Tables) | 12 Months Ended
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Dec. 31, 2022
Condensed Consolidated Balance Sheet Components [Abstract] |
Schedule of Inventory | Inventories consist of the following:
|  | December 31, 2022 |  |  | December 31, 2021 |
|  | (in thousands) |
Finished goods |  | $ | 70,407 |  |  | $ | 101,446 |
Raw materials |  |  | 845 |  |  |  | 487 |
Total inventories |  | $ | 71,252 |  |  | $ | 101,933 |
Schedule of Property and Equipment | Property and equipment are presented at cost less accumulated depreciation and amortization. Repairs and maintenance expenditures are expensed as incurred. Depreciation and amortization are computed on a straight-line basis over the following estimated useful lives:
|  | Estimated Life
Machinery and equipment |  | 3 years
Software and software development |  | 2-3 years
ERP Software |  | 5 years
Furniture and fixtures |  | 5 years
Tooling |  | 2 years
Leasehold improvements |  | Term of lease or economic life of asset, if shorter
Demonstration units and convention booths |  | 2 years
Demonstration headsets |  | 1 year
Property and equipment, net consists of the following:
|  | December 31, 2022 |  |  | December 31, 2021 |
|  | (in thousands) |
Machinery and equipment |  | $ | 2,373 |  |  | $ | 2,255 |
Software and software development |  |  | 2,396 |  |  |  | 2,404 |
Furniture and fixtures |  |  | 1,713 |  |  |  | 1,257 |
Tooling |  |  | 9,901 |  |  |  | 7,855 |
Leasehold improvements |  |  | 2,050 |  |  |  | 1,794 |
Demonstration units and convention booths |  |  | 15,379 |  |  |  | 14,493 |
Total property and equipment, gross |  |  | 33,812 |  |  |  | 30,058 |
Less: accumulated depreciation and amortization |  |  | (27,450 | ) |  |  | (23,103 | )
Total property and equipment, net |  | $ | 6,362 |  |  | $ | 6,955 |
Other Current Liabilities | Other current liabilities consist of the following:
|  | December 31, 2022 |  |  | December 31, 2021 |
|  | (in thousands) |
Accrued employee expenses |  | $ | 4,171 |  |  | $ | 4,114 |
Accrued marketing |  |  | 4,147 |  |  |  | 3,723 |
Accrued royalty |  |  | 2,527 |  |  |  | 11,582 |
Accrued tax-related payables |  |  | 4,159 |  |  |  | 3,459 |
Accrued freight |  |  | 1,746 |  |  |  | 6,251 |
Accrued expenses |  |  | 8,683 |  |  |  | 8,564 |
Total other current liabilities |  | $ | 25,433 |  |  | $ | 37,693 |
Other Non-operating Expense (Income), Net | Other non-operating expense (income), net consists of the following:
|  | Year Ended |
|  | December 31, |
|  | 2022 |  |  | 2021 |  |  | 2020 |
|  | (in thousands) |
Acquisition-related settlement |  | $ | — |  |  | $ | — |  |  | $ | (1,702 | )
Change in fair value of contingent consideration |  |  | — |  |  |  | (1,928 | ) |  |  | (1,121 | )
Other non-operating expense (income) |  |  | 1,753 |  |  |  | 1,827 |  |  |  | (934 | )
Total other non-operating expense (income),net |  | $ | 1,753 |  |  | $ | (101 | ) |  | $ | (3,757 | )

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