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Certain Balance Sheet Accounts | 6 Months Ended
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Jun. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Certain Balance Sheet Accounts | Certain Balance Sheet Accounts Allowance for Credit Losses The Company records its accounts receivable at sales value and maintains an allowance for its current estimate of expected credit losses. Provisions for expected credit losses are estimated based on historical experience, assessment of specific risk, review of outstanding invoices, and forecasts about the future. The Company establishes specific reserves for customers in an adverse financial condition and adjusts for its expectations of changes in conditions that may impact the collectability of outstanding receivable. The following table summarizes the Company's allowance for credit losses for the three and six months ended June 30, 2024 and 2023:
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2024 |  | 2023 |  | 2024 |  | 2023
Beginning balance | $ | 500 |  |  | $ | 2,948 |  |  | $ | 3,322 |  |  | $ | 3,013 |
Charges to expense | 4 |  |  | (28) |  |  | (384) |  |  | 55 |
Charges to revenue | 38 |  |  | 69 |  |  | 94 |  |  | 49 |
Write-offs | $ | — |  |  | $ | (91) |  |  | $ | (2,490) |  |  | $ | (219) |
Ending balance | $ | 542 |  |  | $ | 2,898 |  |  | $ | 542 |  |  | $ | 2,898 |
Write-offs for the six months ended June 30, 2024 related to a settlement agreement with a former retailer for past due receivables which had previously been charged to the provision for credit losses in a prior period. A benefit was recognized during the six months ended June 30, 2024, which represented a partial recovery of the past due receivables in connection with the settlement. Inventory Substantially all of the Company’s inventory consisted of finished goods as of June 30, 2024 and December 31, 2023. Property and Equipment, net Property and equipment consisted of the following as of:
| June 30, 2024 |  | December 31, 2023
Tooling and manufacturing equipment | $ | 2,633 |  |  | $ | 2,632 |
Furniture and fixtures | 609 |  |  | 639 |
Computer equipment | 335 |  |  | 348 |
Software | 106 |  |  | 106 |
Leasehold improvements | 35 |  |  | 35 |
Total property and equipment | 3,718 |  |  | 3,760 |
Less accumulated depreciation and amortization | (3,525) |  |  | (3,383) |
Property and equipment, net | $ | 193 |  |  | $ | 377 |
Depreciation and amortization expense on property and equipment was $90 and $225 for the three months ended June 30, 2024 and June 30, 2023, respectively. For the three months ended June 30, 2024 and June 30, 2023, the Company allocated $84 and $148, respectively, of depreciation and amortization expense related to tooling and manufacturing equipment and software to cost of revenues. Depreciation and amortization expense on property and equipment was $184 and $500 for the six months ended June 30, 2024 and June 30, 2023, respectively. For the six months ended June 30, 2024 and June 30, 2023, the Company allocated $169 and $330, respectively, of depreciation and amortization expense related to tooling and manufacturing equipment and software to cost of revenues. Intangible Assets Subject to Amortization Intangible assets were $2,224, net of accumulated amortization of $310 as of June 30, 2024, and $2,210, net of accumulated amortization of $280, as of December 31, 2023. Capitalized software development costs were $1,873 on June 30, 2024 and December 31, 2023. The Company’s internally developed software capitalized within intangible assets on the balance sheet is still in development and not ready for general release. As such, the Company has not recognized any amortization for the three or six months ended June 30, 2024 or 2023. The Company did not recognize any impairment charges for intangible assets during the three or six months ended June 30, 2024 or 2023. Accrued and Other Expenses Accrued and other expenses, among other things, included accrued sales returns of $998 and $2,919 as of June 30, 2024 and December 31, 2023, respectively. Changes in accrued warranty were as follows:
| For the Three Months Ended June 30, |  | For the Six Months Ended June 30,
| 2024 |  | 2023 |  | 2024 |  | 2023
Accrued warranty, beginning of period | $ | 768 |  |  | $ | 592 |  |  | $ | 782 |  |  | $ | 712 |
Provision for warranties issued during the period | 260 |  |  | 81 |  |  | 437 |  |  | 116 |
Settlements of warranty claims during the period | (185) |  |  | (82) |  |  | (376) |  |  | (237) |
Accrued warranty, end of period | $ | 843 |  |  | $ | 591 |  |  | $ | 843 |  |  | $ | 591 |
Preferred Stock The Company is authorized to issue up to 10,741,071 shares of $0.0001 par value preferred stock, of which 36,450 and 28,628 shares were outstanding as of June 30, 2024 and December 31, 2023, respectively. See Note 7 - Convertible Preferred Stock and Common Stock Warrants of this Report for more information.

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- Definition The entire disclosure for supplemental balance sheet disclosures, including descriptions and amounts for assets, liabilities, and equity. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 210 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//210/tableOfContent + Details
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