Annual report pursuant to Section 13 and 15(d)

Note 4 - Balance Sheet Components

v3.22.0.1
Note 4 - Balance Sheet Components
12 Months Ended
Dec. 31, 2021
Notes to Financial Statements  
Supplemental Balance Sheet Disclosures [Text Block]

4.     BALANCE SHEET COMPONENTS

 

The components of certain balance sheet amounts are as follows (in thousands):

 

   

December 31,

 
   

2021

   

2020

 

Cash and cash equivalents:

               

Cash

  $ 17,281     $ 23,977  

Cash equivalents

    66,562       68,390  
      83,843       92,367  

Restricted cash

    522       525  
    $ 84,365     $ 92,892  
                 

Inventories:

               

Finished goods

  $ 4,476     $ 3,071  

Raw materials

    873       1,047  

Reserve for obsolescence

    (92 )     (339 )
    $ 5,257     $ 3,779  

Property and equipment:

               

Office equipment

  $ 460     $ 449  

Office software

    1,009       1,001  

Machinery

    22       30  

Furniture and fixtures

    252       254  

Leasehold improvements

    814       839  

Construction in progress

    173       41  

Property and equipment, at cost

    2,730       2,614  

Accumulated depreciation and amortization

    (2,267 )     (2,075 )
    $ 463     $ 539  

Other accrued expenses:

               

Sales returns

  $ 137     $ 189  

Employee-related expense

    988       1,149  

Warehousing, inventory-related and other

    808       584  
    $ 1,933     $ 1,922  

Deferred revenue:

               

Unshipped product and unredeemed product vouchers

  $ 6,525     $ 1,005  

Auto ship advances

    1,901       1,977  

Other

    110       109  
    $ 8,536     $ 3,091  

 

As of December 31, 2021, cash and cash equivalents include $4.1 million held in banks located within China subject to foreign currency controls.