Inventories consist of the following (in thousands):


	March 31, 2025		December 31, 2024

Finished goods	$	71,409	$	67,145
Raw materials		2,255		4,106
Total inventories	$	73,664	$	71,251

Property and equipment, net, consists of the following (in thousands):


	March 31, 2025			December 31, 2024

Machinery and equipment	$	2,711		$	2,761
Software and software development		2,813			2,858
Furniture and fixtures		1,693			1,679
Tooling (1)		12,953			14,062
Leasehold improvements		2,333			2,323
Demonstration units and convention booths (1)		4,309			17,818
Total property and equipment, gross		26,812			41,501
Less: accumulated depreciation and amortization		(21,928	)		(35,657	)
Total property and equipment, net	$	4,884		$	5,844

(1) In the three months ended March 31, 2025, the Company wrote off certain fully depreciated demonstration units and tooling totaling $14.9 million. There was no proceeds recognized upon disposal.

Depreciation and amortization expense on property and equipment was $1.1 million and $0.9 million for the three months ended March 31, 2025 and 2024, respectively.

Other current liabilities consist of the following (in thousands):


	March 31, 2025		December 31, 2024

Accrued employee expenses	$	4,253	$	3,714
Accrued royalty		4,544		11,326
Accrued tax-related payables		2,448		7,123
Accrued freight		1,663		1,635
Accrued marketing		1,801		3,045
Accrued expenses		10,335		11,328
Term loan, short term		1,250		1,250
Total other current liabilities	$	26,294	$	39,421