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Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
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

 

2-5 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

1-2 years

Property and equipment, net consists of the following:

 

 

 

December 31,
2023

 

 

December 31,
2022

 

 

 

(in thousands)

 

Machinery and equipment

 

$

2,597

 

 

$

2,373

 

Software and software development

 

 

2,438

 

 

 

2,396

 

Furniture and fixtures

 

 

1,700

 

 

 

1,713

 

Tooling

 

 

11,250

 

 

 

9,901

 

Leasehold improvements

 

 

1,988

 

 

 

2,050

 

Demonstration units and convention booths

 

 

15,767

 

 

 

15,379

 

Total property and equipment, gross

 

 

35,740

 

 

 

33,812

 

Less: accumulated depreciation and amortization

 

 

(30,916

)

 

 

(27,450

)

Total property and equipment, net

 

$

4,824

 

 

$

6,362