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Significant Balance Sheet Components

9 Months Ended

Sep. 30, 2022

NOTE 4 —Significant Balance Sheet Components

Accounts Receivable consists of the following:

Schedule of Accounts Receivable

	September 30, 2022			December 31, 2021
Trade receivables	$	16,399		$	11,735
Allowance for doubtful accounts		(113	)		(932	)
Accounts receivable, net		16,286			10,803
Vendor non-trade receivables		890			2,255
Total accounts receivable	$	17,176		$	13,058

The Company has non-trade receivables from a manufacturing vendor resulting from the sale of components to this vendor who manufactures and assembles final products for the Company.

The Company analyzes the need for reserves for potential credit losses and records allowances for doubtful accounts when necessary. The Company had allowances for such losses totaling approximately $113 and $932 as of September 30, 2022 and December 31, 2021, respectively. In July 2022, the Company reached a settlement with a customer of a $912 trade receivable that was fully reserved for in the December 31, 2021 allowance for doubtful accounts. The Company received $91 in cash and the remaining receivable was written off to the allowance for doubtful accounts.

Inventory consists of the following:

Schedule of Inventory

	September 30, 2022		December 31, 2021
Finished goods	$	3,582	$	2,952
Raw materials		91		1,986
Accessories		417		606
Inventory, Net	$	4,090	$	5,544

Distributor returns allowance

The Company records reductions to cost of revenues related to future distributor product returns based on the Company’s expectation. The Company had inventory related to distributor product returns totaling approximately $41 and $229 as of September 30, 2022 and December 31, 2021 respectively.

Other assets consisted of the following:

Schedule of Other Assets

	September 30, 2022		December 31, 2021
Deferred NRE	$	3,949	$	2,345
Advances to third party manufacturers		2,000		2,000
Deposits		317		431
Other		68		93
Total Other Assets	$	6,334	$	4,869

Accrued Expenses consisted of the following:

Schedule of Accrued Expenses

	September 30, 2022		December 31, 2021
Customer allowances	$	3,557	$	3,148
Employee-related liabilities		1,591		1,893
Warranties		868		836
Accrual for goods received not invoiced		16		668
Contractual obligations		1,155		1,035
Royalties		1,048		1,210
Research and development		2,080		1,158
Shipping		—		157
Returns allowance		64		390
Legal		290		517
Other		92		341
Accrued liabilities, current	$	10,761	$	11,353