Quarterly report pursuant to Section 13 or 15(d)

Organization and Summary of Significant Accounting Policies (Tables)

v3.20.2
Organization and Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2020
Organization and Summary of Significant Accounting Policies  
Schedule of components of inventories

The components of inventories are as follows:

 

 

 

 

 

 

 

 

 

 

As of

 

 

June 30, 2020

 

December 31, 2019

Raw materials and supplies

 

 

532

 

 

563

Finished goods

 

 

437

 

 

435

 

 

$

969

 

$

998

 

Summary of activity with respect to our product returns, and discounts and rebates

The following table provides a summary of activity with respect to our product returns, and discounts and rebates, which are included on our condensed consolidated balance sheets within accrued sales allowances (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accrued Sales Allowances

 

 

 

 

    

Product

    

Discounts and

    

 

 

    

Allowance for

 

 

Return

 

Rebates

 

 

 

 

Doubtful

 

 

Allowance

 

Allowance

 

Total

 

Accounts

Balance at December 31, 2019

 

$

721

 

$

88

 

$

809

 

$

63

Provision

 

 

28

 

 

25

 

 

53

 

 

14

Payments/credits

 

 

(709)

 

 

(89)

 

 

(798)

 

 

(12)

Balance at June 30, 2020

 

$

40

 

$

24

 

$

64

 

$

65

 

Schedule of maturities of operating lease

The following table presents obligation related to our operating lease:

 

 

 

 

 

2020

    

$

155

2021

 

 

156

Total minimum lease payments (base rent)

 

 

311

Less: imputed interest

 

 

(19)

Total operating lease liabilities

 

$

292