Quarterly report pursuant to Section 13 or 15(d)

SELECTED FINANCIAL STATEMENT CAPTIONS - ASSETS

v3.21.2
SELECTED FINANCIAL STATEMENT CAPTIONS - ASSETS
9 Months Ended
Sep. 30, 2021
Balance Sheet Related Disclosures [Abstract]  
SELECTED FINANCIAL STATEMENT CAPTIONS - ASSETS

NOTE 4 — SELECTED FINANCIAL STATEMENT CAPTIONS - ASSETS

Inventories consisted of the following (in thousands):

 

September 30, 2021

 

 

December 31, 2020

 

Raw materials and components

$

1,472

 

 

$

1,486

 

Work-in-process

 

70

 

 

 

721

 

Finished goods

 

6,317

 

 

 

6,064

 

Inventory reserve

 

(1,607

)

 

 

(1,184

)

Total

$

6,252

 

 

$

7,087

 

 

Prepaid expenses and other current assets consisted of the following (in thousands):

 

 

September 30, 2021

 

 

December 31, 2020

 

Prepaid insurance

$

167

 

 

$

388

 

Prepaid expenses

 

242

 

 

 

454

 

Due from equity method investee

 

579

 

 

 

376

 

Other current assets

 

250

 

 

 

267

 

Total

$

1,238

 

 

$

1,485

 

 

Property and equipment consisted of the following (in thousands):

 

 

September 30, 2021

 

 

December 31, 2020

 

Equipment

$

339

 

 

$

347

 

Leasehold improvements

 

39

 

 

 

39

 

Furniture and fixtures

 

102

 

 

 

99

 

Total property and equipment

 

480

 

 

 

485

 

Less: accumulated depreciation

 

(383

)

 

 

(365

)

Property and equipment, net

$

97

 

 

$

120

 

 

During the three months ended September 30, 2021 and 2020, depreciation expenses were approximately $11,000 and $12,000, respectively. During the nine months ended September 30, 2021 and 2020, depreciation expenses were approximately $34,000 and $35,000, respectively.