Quarterly report pursuant to Section 13 or 15(d)

Note 7 - Accrued Liabilities

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Note 7 - Accrued Liabilities
9 Months Ended
Sep. 30, 2024
Notes to Financial Statements  
Accounts Payable, Accrued Liabilities, and Other Liabilities Disclosure, Current [Text Block]

7.         Accrued Liabilities

 

Accrued liabilities as of September 30, 2024 and December 31, 2023 consisted of the following:

 

   

September 30, 2024

   

December 31, 2023

 

Salaries, benefits and related expenses

  $ 1,414     $ 2,058  

Device warranty

    443       461  

Other

    118       145  

Total

  $ 1,975     $ 2,664  

 

Warranty

 

The current portion of the device warranty liability is classified as a component of Accrued liabilities, while the long-term portion of the device warranty liability is classified as a component of Other non-current liabilities in the condensed consolidated balance sheets. A reconciliation of the changes in the device warranty liability for the three and nine months ended September 30, 2024 is as follows:

 

   

Three Months Ended

   

Nine Months Ended

 
   

September 30, 2024

   

September 30, 2024

 

Balance at beginning of the period

  $ 561     $ 566  

Additions for estimated future expense

    210       526  

Incurred costs

    (163 )     (484 )

Balance at end of the period

  $ 608     $ 608  

 

   

Balance as of September 30, 2024

 

Current portion

  $ 443  

Long-term portion

    165  

Total

  $ 608