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Summary of Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2022
Accounting Policies [Abstract]  
Summary of Reclassification Adjustments on Cost of Goods Sold, Gross Profit, and Selling and Marketing Expenses of Condensed Consolidated Statements of Operations and Comprehensive Loss

The following table presents the impact of the reclassification adjustments on Cost of goods sold, Gross profit, and Selling and marketing expenses of the Condensed Consolidated Statements of Operations and Comprehensive Loss for the three and nine months ended September 30, 2021:

(in thousands)

 

Three Months Ended September 30, 2021
 (as reported)

 

Reclassification

 

Three Months Ended September 30, 2021 (adjusted)

 

 

Nine Months Ended September 30, 2021
 (as reported)

 

Reclassification

 

Nine Months Ended September 30, 2021 (adjusted)

 

Cost of goods sold

 

$

21,952

 

$

(763

)

$

21,189

 

 

$

56,570

 

$

(1,712

)

$

54,858

 

Gross profit

 

 

17,004

 

 

763

 

 

17,767

 

 

 

47,432

 

 

1,712

 

 

49,144

 

Selling and marketing expenses

 

 

12,834

 

 

763

 

 

13,597

 

 

 

31,525

 

 

1,712

 

 

33,237

 

Included in the accompanying results for
Summary of Reclassifications of Consolidated Statement of Cash Flows

The following table presents the reclassifications made to the Condensed Consolidated Statement of Cash Flows:

(in thousands)

 

Nine Months Ended September 30, 2021
 (as reported)

 

Reclassification

 

Nine Months Ended September 30, 2021 (adjusted)

 

Changes in operating assets and liabilities:

 

 

 

 

 

 

 

Prepaid expenses and other assets

 

 

(3,609

)

 

(28

)

 

(3,637

)

Other non-current assets

 

 

(28

)

 

28

 

 

 

Accounts payable

 

 

4,155

 

 

(145

)

 

4,010

 

Accrued expenses and other current liabilities

 

 

1,025

 

 

885

 

 

1,910

 

Other current liabilities

 

 

740

 

 

(740

)