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Balance Sheet Components

3 Months Ended

Mar. 31, 2022

Balance Sheet Related Disclosures [Abstract]

Note 3. Balance sheet components

Inventories, net

Inventories, net consisted of the following (in thousands):


	December 31,			March 31,
	2021			2022
				(unaudited)
Finished goods	$	31,991		$	38,520
Raw materials		7,353			7,309
Gross inventory		39,344			45,829
Less: Excess and obsolete provision		(5,567	)		(5,619	)
Inventories, net	$	33,777		$	40,210

Accrued liabilities

Accrued liabilities consisted of the following (in thousands):


	December 31,		March 31,
	2021		2022
			(unaudited)
Accrued goods and services	$	12,278	$	12,479
Accrued inventory purchases		2,218		4,591
Accrued customer rebates		7,355		7,754
Other		97		192
Accrued liabilities	$	21,948	$	25,016

Accrued warranty

Provisions for warranty claims are primarily related to our hardware products and are recorded at the time products are sold. The change to accrued warranty was as follows (in thousands):


	Year ended December 31,			Three months ended March 31,
	2021			2022
				(unaudited)
Beginning balance	$	1,714		$	1,731
Fulfillment of assumed acquisition warranty		(216	)		(34	)
Provision increase, net		233			63
Ending balance	$	1,731		$	1,760

At March 31, 2022, $1.3 million is included in Other current liabilities and $0.5 million is included in Other noncurrent liabilities on the Company’s condensed consolidated balance sheet.