Annual report pursuant to Section 13 and 15(d)

Accrued Expenses

v3.22.4
Accrued Expenses
12 Months Ended
Dec. 31, 2022
Payables and Accruals [Abstract]  
Accrued Expenses

Note 9. Accrued Expenses

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

 

(in thousands)

 

December 31,
2022

 

 

December 31,
2021

 

Warranty reserve

 

$

620

 

 

$

658

 

Compensation, benefits, and expenses

 

 

4,451

 

 

 

4,360

 

Professional services

 

 

3,166

 

 

 

1,725

 

Marketing and advertising

 

 

279

 

 

 

122

 

Teton acquisition holdback liability

 

 

250

 

 

 

 

Accrued taxes

 

 

392

 

 

 

149

 

Other

 

 

505

 

 

 

397

 

Total accrued expense

 

$

9,663

 

 

$

7,411