XML 22 R11.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Accrued Expenses and Other Current Liabilities
 3 Months Ended
Mar. 31, 2024
Payables and Accruals [Abstract]  
Accrued Expenses and Other Current Liabilities ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES
Accrued expenses and other current liabilities consist of the following (in thousands):

March 31,December 31,
20242023
Vendor expenses$11,406 $12,400 
Inventory received not billed10,333 12,686 
Payroll expenses3,107 6,027 
Sales and other tax payable 2,564 4,040 
Provision for sales returns and allowances1,487 2,449 
Current portion of TRA— 186 
Other4,702 6,036 
Total accrued expenses and other current liabilities$33,599 $43,824 

Included in accrued expenses and other current liabilities is a provision for sales returns and allowances. Returns are estimated based on past experience and current expectations and are recorded as an adjustment to revenue. Activity for the three months ended March 31, 2024 and 2023, was as follows (in thousands):

Three Months Ended
March 31,
20242023
Balance at beginning of period$2,449 $2,332 
Provision5,942 5,110 
Returns and allowances(6,904)(5,922)
Balance at end of period $1,487 $1,520