Quarterly report [Sections 13 or 15(d)]

ACCRUED LIABILITIES AND OTHER LONG-TERM LIABILITIES

ACCRUED LIABILITIES AND OTHER LONG-TERM LIABILITIES

6 Months Ended

Jun. 30, 2026

ACCRUED LIABILITIES AND OTHER LONG-TERM LIABILITIES

ACCRUED LIABILITIES AND OTHER LONG-TERM LIABILITIES

NOTE 6. ACCRUED LIABILITIES AND OTHER LONG-TERM LIABILITIES

Accrued liabilities as of June 30, 2026 and December 31, 2025, were as follows:


	June 30, 2026			December 31, 2025

Accrued payroll and related items	$	3,603		$	2,837
Accrued bonus		2,072			2,005
Designated forward exchange contracts		-			358
Accrued warranty		1,251			1,480
Current lease liabilities		2,552			3,021
Accrued commissions		508			576
Sales returns and rebates		2,596			3,300
Contingent consideration liabilities		160			254
Accrued CPSC regulatory matter		-			2,500
Accrued legal expenses		948			1,183
Restructuring liabilities		-			407
Other		7,153			6,482
	$	20,843		$	24,403

Other long-term liabilities as of June 30, 2026 and December 31, 2025, were as follows:


	June 30, 2026			December 31, 2025

Long-term lease liabilities	$	14,602		$	9,266
Contingent consideration liabilities		339			-
Other		1,492			1,462
	$	16,433		$	10,728

The Company entered into a lease agreement for a warehouse and distribution facility located in Utah, which commenced on June 1, 2026 with an initial term of 7.6 years. The Company classified this lease as an operating lease. Upon commencement, the Company recognized an ROU asset of $6,263 and corresponding lease liability of $6,419, measured using a discount rate of 6.65%.