Quarterly report pursuant to Section 13 or 15(d)

Accrued Expenses

v3.24.2.u1
Accrued Expenses
6 Months Ended
Jun. 30, 2024
Payables and Accruals [Abstract]  
Accrued Expenses

Note 8. Accrued Expenses

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

 

(in thousands)

 

June 30,
2024

 

 

December 31,
2023

 

Warranty reserve

 

 

807

 

 

$

886

 

Compensation, benefits, and expenses

 

 

3,015

 

 

 

4,213

 

Professional services

 

 

5,414

 

 

 

2,540

 

Marketing and advertising

 

 

70

 

 

 

325

 

Accrued taxes

 

 

246

 

 

 

252

 

Accrued freight and duties

 

 

684

 

 

 

594

 

Purchase commitment

 

 

466

 

 

 

700

 

Other

 

 

574

 

 

 

330

 

Total accrued expense

 

$

11,276

 

 

$

9,840