Inventory consisted of the following.


	As of
	September 30, 2026		December 31, 2025
Finished Goods	$	20,666	$	26,359
Raw Materials		311		311
Total inventory	$	20,977	$	26,670

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 September 30, 2026 and 2025, the Company recorded write-downs of $651 and $3,258, respectively. During the nine months ended September 30, 2026 and 2025, the Company recorded write-downs of $951 and $3,852, respectively. As of September 30, 2026 and December 31, 2025, the Company's inventory reserve balance was $4,739 and $4,307, respectively. On a regular basis, the Company evaluates inventory levels for excess and obsolete products based on its assessment of future demand and market conditions.

Prepaid expenses and other current assets consisted of the following.


	As of
	September 30, 2026		December 31, 2025
Prepaid expenses	$	7,294	$	5,856
Other current assets		1,685		333
Total prepaid expenses and other current assets	$	8,979	$	6,189

Property and equipment, net consisted of the following.


	As of
	September 30, 2026			December 31, 2025
Leasehold improvements	$	5,383		$	5,202
Computer hardware		2,398			2,332
Warehouse and other equipment		937			950
Furniture and fixtures		326			322
Property and equipment		9,044			8,806
Less: Accumulated depreciation		(4,461	)		(3,685	)
Total property and equipment, net	$	4,583		$	5,121

Depreciation and amortization expense on all property, plant and equipment was $245 and $280 during the three months ended September 30, 2026 and 2025, respectively. Depreciation and amortization expense on all property, plant and equipment was $916 and $639 during the nine months ended September 30, 2026 and 2025, respectively.

Intangible assets, net consisted of the following.


	As of
	September 30, 2026							December 31, 2025
	Gross		Accumulated Amortization			Net		Gross		Accumulated Amortization			Net
Customer relationships	$	22,990	$	(10,112	)	$	12,878	$	22,990	$	(8,446	)	$	14,544
Developed technology		10,600		(6,958	)		3,642		10,600		(5,854	)		4,746
Trade name		900		(824	)		76		900		(689	)		211
Total intangible assets, net	$	34,490	$	(17,894	)	$	16,596	$	34,490	$	(14,989	)	$	19,501

Amortization expense on all intangible assets was $968 for the three months ended September 30, 2026 and 2025. Amortization expense on all intangible assets was $2,905 for the nine months ended September 30, 2026 and 2025. Total future amortization for finite-lived intangible assets is estimated as follows.


	Amortization Expense
2026 - Remaining	$	968
2027		3,734
2028		3,693
2029		2,554
2030		2,222
Thereafter		3,425
Total	$	16,596

Other long-term assets consisted of the following.


	As of
	September 30, 2026		December 31, 2025
Capitalized software costs, net	$	13,116	$	10,846
Financing receivables - long-term		4,166		-
Operating lease - ROU asset, net		2,471		2,810
Other long-term assets		2,640		2,309
Total other long-term assets	$	22,393	$	15,965

Amortization expense for capitalized software costs was $787 and $904 for the three months ended September 30, 2026 and 2025, respectively. Amortization expense for capitalized software costs was $2,604 and $2,521 for the nine months ended September 30, 2026 and 2025, respectively.

Accrued expenses and other current liabilities consisted of the following.


	As of
	September 30, 2026		December 31, 2025
Accrued compensation costs	$	7,225	$	7,778
Accrued expenses		7,124		3,383
Warranty allowance		268		423
Other		1,960		2,456
Total accrued expenses and other current liabilities	$	16,577	$	14,040

Other long-term liabilities consisted of the following.


	As of
	September 30, 2026		December 31, 2025
Lease liability, noncurrent	$	5,027	$	5,792
Other long-term liabilities		23		8
Total other long-term liabilities	$	5,050	$	5,800