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BALANCE SHEET DETAILS - CURRENT ASSETS AND CURRENT LIABILITIES (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2024
Dec. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]    
Summary of Inventories, Net
The following table shows the components of inventory (in thousands):
 
    
March 31, 2024
    
December 31, 2023
 
Raw materials
   $ 8,823      $ 5,022  
Finished goods
     2,673        16  
Total inventories
  
 
11,496
 
  
 
5,038
 
  
 
 
    
 
 
 
Allowance for obsolete inventory
     (55      (4
  
 
 
    
 
 
 
Inventories, net
  
$
11,441
 
  
$
5,034
 
  
 
 
    
 
 
 
Inventories, net
The following table shows the components of inventory (in thousands):
 
    
December 31, 2023
    
December 31, 2022
 
Raw materials
   $ 5,022      $ 3,377  
Finished goods
     16        115  
  
 
 
    
 
 
 
Total inventories
  
 
5,038
 
  
 
3,492
 
  
 
 
    
 
 
 
Allowance for obsolete inventory
     (4      (211
  
 
 
    
 
 
 
Inventories, net
  
 
5,034
 
  
 
3,281
 
  
 
 
    
 
 
 
Summary of Prepaid Expenses and Other Current Assets
Prepaid expenses and other current assets
The following table shows the components of prepaid e
xp
enses and other current assets (in thousands):
 
    
March 31, 2024
    
December 31, 2023
 
Prepaid expenses:
     
Deposits on inventory
   $ 1,437      $ 2,146  
Prepaid income tax
     362        362  
Prepaid insurance
     530        1,110  
Prepaid rent
     399        372  
Prepaid equipment
     331        331  
Prepaid other
     172        214  
Other current assets:
     
Other
   $ —       $ 18  
  
 
 
    
 
 
 
Total
  
$
3,231
 
  
$
4,553
 
  
 
 
    
 
 
 
Prepaid expenses and other current assets
The following table shows the components of prepaid expenses and other current assets (in thousands):
 
    
December 31, 2023
    
December 31, 2022
 
Prepaid expenses:
     
ERC benefits receivable
   $ —       $ 2,117  
Deposits on inventory
     2,146        680  
Prepaid income tax
     362        —   
Prepaid insurance
     1,110        358  
Prepaid rent
     372        381  
Prepaid equipment
     331        179  
Prepaid other
     214        173  
Other current assets:
     
Interest rate swap asset
   $ —       $ 476  
Other
     18        17  
  
 
 
    
 
 
 
Total
  
$
4,553
 
  
$
4,381
 
  
 
 
    
 
 
 
Summary of Accrued Expenses and Other Current Liabilities
Accrued expenses and other current liabilities
The following table shows the components of accrued expenses and other current liabilities (in thousands):
 
    
March 31, 2024
    
December 31, 2023
 
Accrued expenses:
     
Accrued compensation and related benefits
   $ 3,878      $ 4,999  
Accrued insurance
     435        978  
Accrued transaction advisory fees
     1,000        1,000  
Accrued professional services
     72        189  
Accrued interest
     126        58  
Accrued property taxes
     314        60  
Accrued monitoring fees
     373        373  
Other
     760        147  
Other current liabilities:
     
Income tax payable
   $ 1,757      $ 1,586  
Sales tax payable
     (413      71  
Unbilled
lost-in-hole
revenue
     96        76  
Deferred revenue
     44        1,042  
  
 
 
    
 
 
 
Total accrued expenses and other current liabilities
  
$
8,442
 
  
$
10,579
 
  
 
 
    
 
 
 
Accrued expenses and other current liabilities
The following table shows the components of accrued expenses and other current liabilities (in thousands):
 
    
December 31, 2023
    
December 31, 2022
 
Accrued expenses:
     
Accrued compensation and related benefits
   $ 4,999      $ 3,392  
Accrued insurance
     978        525  
Accrued transaction advisory fees
     1,000        —   
Accrued professional services
     189        509  
Accrued interest
     58        62  
Accrued property taxes
     60        41  
Accrued monitoring fee
     373     
Other
     147        38  
Other current liabilities:
     
Income tax payable
   $ 1,586      $ 1,780  
Sales tax payable
     71        587  
Unbilled
lost-in-hole
revenue
     76        282  
Deferred revenue
     1,042        83  
Total accrued expenses and other current liabilities
  
$
10,579
 
  
$
7,299