Annual report pursuant to Section 13 and 15(d)

Significant Accounting Policies (Tables)

v3.22.1
Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2021
Accounting Policies [Abstract]  
Cash and Cash Equivalents and Restricted Cash

The following table provides a reconciliation of the amount of cash and cash equivalents and restricted cash reported on the consolidated balance sheets that sum to the total of the same amounts shown on the consolidated statements of cash flows:

 

 

December 31,

 

 

 

2021

 

 

2020

 

Cash and cash equivalents

 

$

6,384

 

 

$

3,693

 

Restricted cash

 

 

2,736

 

 

 

1,569

 

Cash and cash equivalents and restricted cash

 

$

9,120

 

 

$

5,262

 

Change in Allowance for Doubtful Accounts

The following table shows the change in allowance for doubtful accounts:

 

 

December 31,

 

 

 

2021

 

 

2020

 

Balance at beginning of period

 

$

12,000

 

 

$

22

 

Charges to costs and expenses

 

 

9

 

 

 

12,031

 

Recoveries and write-offs

 

 

(12,009

)

 

 

(53

)

Balance at end of period

 

$

-

 

 

$

12,000

 

Change in the Inventory Reserves The following table shows the change in the inventory reserves:

 

 

December 31,

 

 

 

2021

 

 

2020

 

Balance at beginning of period

 

$

315

 

 

$

579

 

Charges to costs and expenses

 

 

2,461

 

 

 

620

 

Recoveries and write-offs

 

 

(1,504

)

 

 

(884

)

Balance at end of period

 

$

1,272

 

 

$

315

 

Schedule of Percentage of Revenues and Trade Receivables from Customers

The following table shows the percentage of revenues from our significant customers:

 

 

Year Ended December 31,

 

 

2021

 

2020

Customer A

 

*

 

11.2%

Customer B

 

*

 

19.7%

Customer C

 

14.1%

 

18.4%

Customer E

 

15.5%

 

13.2%

Customer F

 

20.8%

 

18.2%

 

 

 

 

 

An asterisk indicates that revenue is less than ten percent.

 

The following table shows the percentage of trade receivables from our significant customers:

 

 

Year Ended December 31,

 

 

2021

 

2020

Customer B

 

*

 

32.2%

Customer C

 

20.4%

 

17.0%

Customer F

 

24.3%

 

12.7%

Customer G

 

*

 

12.5%

Customer H

 

*

 

13.5%

Customer J

 

29.7%

 

*

Customer K

 

25.0%

 

*

 

 

 

 

 

An asterisk indicates that trade receivable is less than ten percent.