Annual report pursuant to Section 13 and 15(d)

Accrued Expenses

v3.22.1
Accrued Expenses
12 Months Ended
Dec. 31, 2021
Payables And Accruals [Abstract]  
Accrued Expenses

Note 7. Accrued Expenses

The following table summarizes the Company’s components of accrued expenses:

 

(in thousands)

 

December 31,
2021

 

 

December 31,
2020

 

Warranty reserve

 

$

658

 

 

$

564

 

Compensation and benefits

 

 

4,360

 

 

 

3,100

 

VAR commissions

 

 

265

 

 

 

520

 

Professional services

 

 

1,725

 

 

 

2,907

 

Marketing and advertising

 

 

122

 

 

 

780

 

Other

 

 

281

 

 

 

297

 

Total accrued expenses

 

$

7,411

 

 

$

8,168