NOTE 4 – BALANCE SHEET DETAILS - CURRENT ASSETS AND CURRENT LIABILITIES

Inventories, net

The following table shows the components of inventory (in thousands):


	March 31, 2025			December 31, 2024
Raw materials	$	13,349		$	12,928
Work in progress		1,278			1,828
Finished goods		3,754			2,897
Total inventories		18,381			17,653
Allowance for obsolete inventory		(131	)		(151	)
Inventories, net	$	18,250		$	17,502

Prepaid expenses and other current assets

The following table shows the components of prepaid expenses and other current assets (in thousands):

Accrued expenses and other current liabilities

The following table shows the components of accrued expenses and other current liabilities (in thousands):


	March 31, 2025		December 31, 2024
Accrued expenses:
Accrued compensation and related benefits	$	4,830	$	4,497
Accrued insurance		385		645
Accrued professional services		122		253
Accrued interest		463		416
Accrued property taxes		360		44
Accrued monitoring fees		373		373
Other		1,063		272
Other current liabilities:
Income tax payable	$	44	$	459
Sales tax payable		716		229
Deferred revenue		675		675
Total accrued expenses and other current liabilities	$	9,031	$	7,864