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Supplemental Condensed Consolidated Balance Sheet Information (Tables)
6 Months Ended
Jun. 30, 2024
Supplemental Condensed Consolidated Balance Sheet Information [Abstract]  
Schedule of Accounts Receivable Accounts receivable consisted of the following as of June 30, 2024 and December 31, 2023:
(In thousands)  June 30,
2024
   December 31,
2023
 
Accounts receivable, gross  $2,835   $3,036 
Less allowance for credit losses   (2,563)   (1,887)
Accounts receivable, net  $272   $1,149 
Schedule of Movements in the Company’s Credit Losses Accounts The movements in the Company’s credit losses accounts were as follow:
(In thousands)  Six months
ended
June 30,
2024
   Year
ended
December 31,
2023
 
Allowance for credit losses - beginning of period  $1,887   $4,605 
(Recovery of) allowance for credit losses   698    (1,426)
Accounts receivable written-off   (22)   (1,292)
Allowance for credit losses - end of period  $2,563   $1,887 

 

Schedule of Prepaid Expenses and Other Current Assets Prepaid expenses and other current assets consisted of the following as of June 30, 2024 and December 31, 2023:
(In thousands)  June 30,
2024
   December 31,
2023
 
Receivable from legal settlement  $318   $625 
Prepaid insurance   173    454 
Prepaid expenses, other   77    82 
Other receivables   57    34 
Prepaid software   24    70 
Prepaid materials   14    13 
Prepaid settlement asset   
    2,054 
Total prepaid expenses and other current assets  $663   $3,332 
Schedule of Property and Equipment Property and equipment, net consisted of the following as of June 30, 2024 and December 31, 2023:
(In thousands)  June 30,
2024
   December 31,
2023
 
Leased equipment  $4,465   $4,465 
Machinery and equipment   905    904 
Software   606    606 
Computer and office equipment   546    588 
Leasehold improvements   200    702 
Research and development laboratory equipment   175    183 
Furniture and fixtures   116    116 
Trade show assets   79    78 
Vehicles   43    43 
Total property and equipment, gross   7,135    7,685 
Accumulated depreciation   (3,124)   (2,894)
Construction in progress   2,943    2,943 
Total property and equipment, net  $6,954   $7,734 
Schedule of Accrued Expenses and Other Current Liabilities Accrued expenses and other current liabilities consisted of the following as of June 30, 2024 and December 31, 2023:
(In thousands)  June 30,
2024
   December 31,
2023
 
Sales tax payable (1)  $4,848   $5,338 
Accrued construction costs   1,312    1,412 
Accrued professional fees   402    457 
Accrued warranty expenses   316    420 
Compensation related fees   304    474 
Accrued consulting fees   210    43 
Accrued inventory purchases   14    10 
Accrued interest expense   4    321 
Accrued acquisition liabilities   
    2,180 
Total accrued expenses and other current liabilities  $7,410   $10,655 
(1)Sales tax payable primarily represents identified sales and use tax liabilities arising from our acquisition of Precision and Cascade. These amounts are included as part of our initial purchase price allocations and are the subject matter of an indemnification claim under the Precision and Cascade acquisition agreement.