Quarterly report pursuant to Section 13 or 15(d)

Accrued Warranty

v3.21.2
Accrued Warranty
6 Months Ended
Jun. 30, 2021
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):

 

 

 

Six Months Ended

June 30, 2021

 

 

Year Ended December 31, 2020

 

Balance at beginning of period

 

$

242

 

 

$

338

 

Increase in warranty accrual

 

 

39

 

 

 

87

 

Change in liability for pre-existing warranties

 

 

 

 

 

(2

)

Claims satisfied

 

 

(44

)

 

 

(181

)

Accrued warranty

 

$

237

 

 

$

242

 

 

Warranty expense was $15,000 and $8,000 for the three months ended June 30, 2021 and 2020, respectively and $39,000 and $40,000 for the six months ended June 30, 2021 and 2020, respectively. The accrued warranty balances at June 30, 2021 and December 31, 2020 each include $0.1 million relating to the voluntary recall of catheters, which occurred in September 2019. Warranty expense is included in cost of revenue in the accompanying condensed statements of operations.