Quarterly report pursuant to Section 13 or 15(d)

BALANCE SHEET DETAILS

v3.22.2.2
BALANCE SHEET DETAILS
 6 Months Ended
Jun. 30, 2022
Condensed Financial Information Disclosure [Abstract]  
BALANCE SHEET DETAILS BALANCE SHEET DETAILS
Inventory
Inventory as of June 30, 2022 and December 31, 2021 was comprised of the following (in thousands):
  June 30,
2022		 December 31,
2021
Raw materials $ 3,635  $ 4,023 
Work in process 1,605  1,286 
Finished goods 2,117  3,315 
  $ 7,357  $ 8,624 
The Company recorded inventory write-downs of $0.1 million and $0.2 million for the three and six months ended June 30, 2022, respectively. Inventory write-offs for the three and six months ended June 30, 2021 were $0.1 million.
Intangibles, net
Intangible assets consisted of in-process research and development with an indefinite life of $1.5 million as of June 30, 2022 and December 31, 2021.
Accrued expenses
Accrued expenses as of June 30, 2022 and December 31, 2021 were as follows (in thousands):
  June 30,
2022		 December 31,
2021
Accrued payroll expenses (1)
$ 8,450  $ 9,023 
Other accrued liabilities 1,481  1,892 
  $ 9,931  $ 10,915 
(1) This includes a $6.7 million tax liability associated with a related party transaction, as discussed in Note 12.