Quarterly report pursuant to Section 13 or 15(d)

Accrued Warranty

v3.20.2
Accrued Warranty
6 Months Ended
Jun. 30, 2020
Product Warranties Disclosures [Abstract]  
Accrued Warranty

Note 7—Accrued Warranty

Activity in the product warranty accrual is included in accrued expenses above and consists of the following (in thousands):

 

 

 

For the Six Months Ended

June 30,

 

 

Year Ended December 31, 2019

 

Balance at beginning of period

 

$

338

 

 

$

112

 

Increase in warranty accrual

 

 

40

 

 

 

889

 

Change in liability for pre-existing warranties

 

 

 

 

 

(28

)

Claims satisfied

 

 

(127

)

 

 

(635

)

Accrued warranty

 

$

251

 

 

$

338

 

 

Warranty expense was $8,000 and $0.5 million for the three months ended June 30, 2020 and 2019, respectively and $40,000 and $0.8 million for the six months ended June 30, 2020 and 2019, respectively. The accrued warranty balances at June 30, 2020 and December 31, 2019 include $0.1 million and $0.2 million, respectively, relating to the voluntary recall of catheters, which was initiated in September 2019. Warranty expense is included in cost of revenue in the accompanying condensed statements of operations.