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Commitments and Contingencies
6 Months Ended
Jun. 30, 2024
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies

Note 13. Commitments and Contingencies

Non-Recurring Severance and Exit Costs

The non-recurring workforce reduction severance liability is recorded in accrued compensation on the accompanying unaudited condensed consolidated balance sheet. The severance and exit cost were recorded in the relevant operating expense departments in the accompanying unaudited condensed consolidated statement of operations.

 

The following table presents activity that we recorded related to severance and exit costs:

 

 

Severance and Exit Costs

 

 

 

(In thousands)

 

Balance at December 31, 2023

 

$

50

 

Accrued to expense

 

 

 

Payments

 

 

(50

)

Balance at March 31, 2024

 

$

 

Accrued to expense

 

 

 

Payments

 

 

 

Balance at June 30, 2024

 

$

 

 

 

 

 

 

Potential Product Warranty Claims

The Company had a general warranty accrual of approximately $0.1 million as of each of June 30, 2024 and December 31, 2023.

Indemnification

In some agreements to which the Company is a party, the Company has agreed to indemnify the other party for certain matters, including, but not limited to, product liability and intellectual property. To date, we have not recorded any material liabilities in the accompanying consolidated financial statements.