Quarterly report pursuant to Section 13 or 15(d)

BALANCE SHEET DETAILS

v3.22.1
BALANCE SHEET DETAILS
 3 Months Ended
Mar. 31, 2022
Condensed Financial Information Disclosure [Abstract]  
BALANCE SHEET DETAILS BALANCE SHEET DETAILS
Inventory
Inventory as of March 31, 2022 and December 31, 2021 was comprised of the following (in thousands):
  March 31,
2022		 December 31,
2021
Raw materials $ 3,954  $ 4,023 
Work in process 1,385  1,286 
Finished goods 2,898  3,315 
  $ 8,237  $ 8,624 
The Company recorded inventory write-downs of $0.1 million for the three months ended March 31, 2022. Inventory write-offs for the three months ended March 31, 2021 were immaterial.
Intangibles, net
Intangible assets consisted of in-process research and development with an indefinite life of $1.5 million as of March 31, 2022 and December 31, 2021.
Accrued expenses
Accrued expenses as of March 31, 2022 and December 31, 2021 were as follows (in thousands):
  March 31,
2022		 December 31,
2021
Accrued payroll expenses (1)
$ 8,545  $ 9,023 
Other accrued liabilities 1,731  1,892 
  $ 10,276  $ 10,915 
(1) This includes a $6.7 million tax liability associated with a related party transaction, as discussed in Note 11.