Quarterly report pursuant to Section 13 or 15(d)

BALANCE SHEET DETAILS

v3.22.2.2
BALANCE SHEET DETAILS
 9 Months Ended
Sep. 30, 2022
Condensed Financial Information Disclosure [Abstract]  
BALANCE SHEET DETAILS BALANCE SHEET DETAILS
Inventory
Inventory as of September 30, 2022 and December 31, 2021 was comprised of the following (in thousands):
  September 30,
2022		 December 31,
2021
Raw materials $ 3,698  $ 4,023 
Work in process 1,221  1,286 
Finished goods 2,307  3,315 
  $ 7,226  $ 8,624 
The Company recorded inventory write-downs of $0.1 million and $0.3 million for the three and nine months ended September 30, 2022, respectively. Inventory write-offs for the three and nine months ended September 30, 2021 were $0.1 million and $0.2 million, respectively.
Intangibles, net
Intangible assets consisted of in-process research and development with an indefinite life of $1.5 million as of September 30, 2022 and December 31, 2021.
Accrued expenses
Accrued expenses as of September 30, 2022 and December 31, 2021 were as follows (in thousands):
  September 30,
2022		 December 31,
2021
Accrued payroll expenses (1)
$ 8,467  $ 9,023 
Other accrued liabilities 1,253  1,892 
  $ 9,720  $ 10,915 
(1) This includes a $6.7 million tax liability at both periods associated with a related party transaction, as discussed in Note 12.