Annual report pursuant to Section 13 and 15(d)

Accrued Warranty

v3.20.4
Accrued Warranty
 12 Months Ended
Dec. 31, 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):

 

 

 

Year ended December 31,

 

 

 

2020

 

 

2019

 

Balance at beginning of period

 

$

338

 

 

$

112

 

Increase in warranty accrual

 

 

87

 

 

 

889

 

Change in liability for pre-existing warranties

 

 

(2

)

 

 

(28

)

Claims satisfied

 

 

(181

)

 

 

(635

)

Accrued warranty

 

$

242

 

 

$

338

 

 

Warranty expense was $0.1 million and $0.9 million for the years ended December 31, 2020 and 2019, respectively. The accrued warranty balances at December 31, 2020 and 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 statements of operations.