Annual report pursuant to Section 13 and 15(d)

SELECTED FINANCIAL STATEMENT CAPTIONS - ASSETS

v3.21.2
SELECTED FINANCIAL STATEMENT CAPTIONS - ASSETS
12 Months Ended
Dec. 31, 2020
Balance Sheet Related Disclosures [Abstract]  
SELECTED FINANCIAL STATEMENT CAPTIONS - ASSETS

NOTE 4—SELECTED FINANCIAL STATEMENT CAPTIONS - ASSETS

Inventories consisted of the following (in thousand):

 

As of December 31,

 

 

2020

 

 

2019

 

Raw materials and components

$

1,486

 

 

$

1,187

 

Work-in-process

 

721

 

 

 

1,629

 

Finished goods

 

6,064

 

 

 

5,204

 

Inventory reserve

 

(1,184

)

 

 

(49

)

Total

$

7,087

 

 

$

7,971

 

 

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

 

 

As of December 31,

 

 

2020

 

 

2019

 

Other prepaid expenses and current assets

 

1,097

 

 

 

667

 

Prepaid insurance

$

388

 

 

$

735

 

Total

$

1,485

 

 

$

1,402

 

 

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

 

 

As of December 31,

 

 

2020

 

 

2019

 

Equipment

$

347

 

 

$

335

 

Leasehold improvements

 

39

 

 

 

77

 

Furniture and fixtures

 

99

 

 

 

95

 

Total property and equipment

 

485

 

 

 

507

 

Less: accumulated depreciation

 

(365

)

 

 

(356

)

Property and Equipment, net

$

120

 

 

$

151

 

 

For the years ended December 31, 2020 and 2019, depreciation expense was approximately $46,000 and $47,000, respectively.