Quarterly report pursuant to Section 13 or 15(d)

Accrued Expenses

v3.24.1.u1
Accrued Expenses
3 Months Ended
Mar. 31, 2024
Payables and Accruals [Abstract]  
Accrued Expenses

Note 8. Accrued Expenses

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

 

(in thousands)

 

March 31,
2024

 

 

December 31,
2023

 

Warranty reserve

 

 

999

 

 

$

886

 

Compensation, benefits, and expenses

 

 

5,402

 

 

 

4,213

 

Professional services

 

 

4,239

 

 

 

2,540

 

Marketing and advertising

 

 

64

 

 

 

325

 

Accrued taxes

 

 

279

 

 

 

252

 

Accrued freight and duties

 

 

694

 

 

 

594

 

Purchase commitment

 

 

314

 

 

 

700

 

Other

 

 

460

 

 

 

330

 

Total accrued expense

 

$

12,451

 

 

$

9,840