Inventory consisted of the following.


	As of
	March 31, 2025		December 31, 2024
Finished Goods	$	32,804	$	34,876
Raw Materials		385		385
Total inventory	$	33,189	$	35,261

The Company writes-down inventory for any excess or obsolete inventories or when the Company believes the net realizable value of inventories is less than the carrying value. During the three months ended March 31, 2025 and 2024, the Company recorded write-downs of $207 and $96, respectively.

Prepaid expenses and other current assets consisted of the following.


	As of
	March 31, 2025		December 31, 2024
Prepaid expenses	$	8,948	$	7,867
Other current assets		3,158		4,014
Total prepaid expenses and other current assets	$	12,106	$	11,881

During the year ended December 31, 2024, the Company recorded $3,534 in other current assets related to a lease for its new headquarters in Phoenix, AZ.

Property and equipment, net consisted of the following.


	As of
	March 31, 2025			December 31, 2024
Leasehold improvements	$	5,125		$	2,185
Computer hardware		2,538			2,469
Warehouse and other equipment		835			815
Furniture and fixtures		167			153
Property and equipment		8,665			5,622
Less: Accumulated depreciation		(3,360	)		(3,171	)
Total property and equipment, net	$	5,305		$	2,451

Depreciation and amortization expense on all property, plant and equipment was $189 and $182 during the three months ended March 31, 2025 and 2024, respectively.

Intangible assets, net consisted of the following.


	As of
	March 31, 2025							December 31, 2024
	Gross		Accumulated Amortization			Net		Gross		Accumulated Amortization			Net
Customer relationships	$	22,990	$	(6,779	)	$	16,211	$	22,990	$	(6,223	)	$	16,767
Developed technology		10,600		(4,751	)		5,849		10,600		(4,383	)		6,217
Trade name		900		(554	)		346		900		(509	)		391
Total intangible assets, net	$	34,490	$	(12,084	)	$	22,406	$	34,490	$	(11,115	)	$	23,375

Amortization expense on all intangible assets was $969 and $969 for the three months ended March 31, 2025 and 2024, respectively. Total future amortization for finite-lived intangible assets is estimated as follows.


	Amortization Expense
2025 - Remaining	$	2,905
2026		3,873
2027		3,734
2028		3,693
2029		2,554
Thereafter		5,647
Total	$	22,406

Other long-term assets consisted of the following.


	As of
	March 31, 2025		December 31, 2024
Capitalized software costs, net	$	9,836	$	9,463
Operating lease - ROU asset, net		3,512		3,808
Other long-term assets		2,953		3,088
Total other long-term assets	$	16,301	$	16,359

Amortization expense for capitalized software costs was $741 and $323 for the three months ended March 31, 2025 and 2024, respectively.

Accrued expenses and other current liabilities consisted of the following.


	As of
	March 31, 2025		December 31, 2024
Accrued expenses	$	15,125	$	13,052
Accrued compensation costs		5,135		8,249
Accrued acquisition consideration		1,760		1,760
Warranty allowance		881		1,077
Other		1,995		3,107
Total accrued expenses and other current liabilities	$	24,896	$	27,245

Other long-term liabilities consisted of the following.


	As of
	March 31, 2025		December 31, 2024
Lease liability, noncurrent	$	6,722	$	7,021
Other long-term liabilities		96		100
Total other long-term liabilities	$	6,818	$	7,121