Quarterly report pursuant to Section 13 or 15(d)

Accrued and Other Current Liabilities (Tables)

v3.22.2
Accrued and Other Current Liabilities (Tables)
6 Months Ended
Jun. 30, 2022
Payables and Accruals [Abstract]  
Schedule of Accrued Liabilities
Accrued liabilities and other current liabilities consisted of the following:

June 30, 2022 December 31, 2021
Accrued commissions $ 1,750,000  $ 4,000,000 
Compensation and related costs 3,294,304  4,030,085 
Accrued interest —  232,222 
Sales return reserve —  2,410,000 
Other 4,552,049  4,080,520 
Total accrued and other current liabilities $ 9,596,353  $ 14,752,827 
Schedule of Product Warranty Liability
Warranty liability activity consisted of the following:

Three Months Ended June 30, Six Months Ended June 30,
2022 2021 2022 2021
Warranty liability, beginning of period $ 4,315,463  $ 5,255,043  $ 4,583,916  $ 5,400,000 
Warranty costs incurred (348,005) (488,830) (698,958) (733,787)
Provision for warranty (645,246) 100,000  (562,746) 200,000 
Warranty liability, end of period $ 3,322,212  $ 4,866,213  $ 3,322,212  $ 4,866,213