Ra Medical Systems, Inc. Annual report pursuant to Section 13 and 15(d)

Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2020

The following table shows the allowance for doubtful accounts activity (in thousands):

	Year Ended December 31,
	2020			2019
Balance at beginning of period	$	355		$	214
Provision for doubtful accounts		180			283
Deductions		(264	)		(142	)
Balance at end of period	$	271		$	355

Property and equipment are recorded at cost and are depreciated on a straight-line basis over their estimated useful lives as follows:

Computer hardware and software		4-5 years
Furniture and fixtures		5 years
Machinery and equipment		5-10 years
Lasers		3-5 years
Automobiles		5 years