Annual report pursuant to Section 13 and 15(d)

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

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ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES
 12 Months Ended
Dec. 31, 2023
Payables and Accruals [Abstract]  
ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

 

11. ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

 

Accrued expenses and other current liabilities consist of the following (in thousands):

 

               
    December 31,  
    2023     2022  
Payroll and related benefits and taxes   $ 5,642     $ 8,312  
Fair value of embedded derivatives related to Convertible Debt     3,645       5,353  
Royalties     3,266       3,610  
Loan success fee related to Convertible Debt     2,858       2,858  
Agent and sales commissions     115       1,224  
Right-of-use lease liability, current portion     2,290       2,923  
Tax liabilities     580       1,301  
Product warranty liabilities     1,117       1,478  
Product marketing     14       376  
Manufacturing subcontractor costs     1,200       1,787  
Legal and professional services     1,638       1,282  
Inventory purchases     4,672       -  
Restructuring     2,942       231  
Other     2,002       1,508  
Total accrued expenses and other current liabilities   $ 31,981     $ 32,243