0000840715 clro:EmployeeStockPurchasePlanMember 2021-12-31 0000840715 2020-01-01 2020-12-31 0000840715 2020-12-31 0000840715 2020-06-30 0000840715 us-gaap:StateAndLocalJurisdictionMember 2021-12-31 0000840715 us-gaap:FairValueInputsLevel3Member 2021-12-31 0000840715 us-gaap:FairValueInputsLevel2Member 2021-12-31 0000840715 us-gaap:FairValueInputsLevel1Member 2021-12-31 0000840715 us-gaap:ConvertibleNotesPayableMember 2021-12-31 0000840715 us-gaap:MeasurementInputExpectedDividendRateMember 2021-12-31 0000840715 us-gaap:MeasurementInputPriceVolatilityMember 2021-12-31 0000840715 us-gaap:MeasurementInputExpectedTermMember 2021-12-31 0000840715 us-gaap:MeasurementInputRiskFreeInterestRateMember 2021-12-31 0000840715 clro:ManufacturingAndTestEquipmentMember 2021-12-31 0000840715 us-gaap:VehiclesMember 2021-12-31 0000840715 us-gaap:LeaseholdImprovementsMember 2021-12-31 0000840715 clro:OfficeFurnitureAndEquipmentMember 2021-12-31 0000840715 us-gaap:OtherIntangibleAssetsMember 2021-12-31 0000840715 clro:ProprietarySoftwareMember 2021-12-31 0000840715 clro:PatentsAndTechnologicalKnowHowMember 2021-12-31 0000840715 us-gaap:TradeNamesMember 2021-12-31 0000840715 us-gaap:USStatesAndPoliticalSubdivisionsMember 2021-12-31 0000840715 us-gaap:CorporateDebtSecuritiesMember 2021-12-31 0000840715 us-gaap:PublicUtilitiesInventoryReplacementPartsMember 2021-12-31 0000840715 us-gaap:RetainedEarningsMember 2021-12-31 0000840715 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-12-31 0000840715 us-gaap:CommonStockIncludingAdditionalPaidInCapitalMember 2021-12-31 0000840715 clro:LitigationForIntellectualPropertyInfringementMember 2019-08-19 2019-08-20 0000840715 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-01-01 2021-12-31 0000840715 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-12-31 0000840715 us-gaap:RetainedEarningsMember 2021-01-01 2021-12-31 0000840715 us-gaap:RetainedEarningsMember 2019-12-31 0000840715 clro:EquipmentSalesMember 2021-01-01 2021-12-31 0000840715 clro:SoftwareAndLicensesMember 2021-01-01 2021-12-31 0000840715 us-gaap:ForeignCountryMember us-gaap:TaxAuthoritySpainMember 2021-12-31 0000840715 us-gaap:DomesticCountryMember us-gaap:InternalRevenueServiceIRSMember 2021-12-31 0000840715 us-gaap:FairValueInputsLevel3Member us-gaap:USStatesAndPoliticalSubdivisionsMember 2021-12-31 0000840715 us-gaap:FairValueInputsLevel2Member us-gaap:USStatesAndPoliticalSubdivisionsMember 2021-12-31 0000840715 us-gaap:FairValueInputsLevel1Member us-gaap:USStatesAndPoliticalSubdivisionsMember 2021-12-31 0000840715 us-gaap:FairValueInputsLevel3Member us-gaap:CorporateDebtSecuritiesMember 2021-12-31 0000840715 srt:MinimumMember 2021-01-01 2021-12-31 0000840715 us-gaap:FairValueInputsLevel2Member us-gaap:CorporateDebtSecuritiesMember 2021-12-31 0000840715 us-gaap:FairValueInputsLevel1Member us-gaap:CorporateDebtSecuritiesMember 2021-12-31 0000840715 stpr:UT srt:WarehouseMember 2021-12-31 0000840715 country:IN srt:OfficeBuildingMember 2021-12-31 0000840715 country:ES srt:OfficeBuildingMember 2021-12-31 0000840715 stpr:TX srt:OfficeBuildingMember 2021-12-31 0000840715 stpr:UT srt:OfficeBuildingMember 2021-12-31 0000840715 stpr:FL srt:IndustrialPropertyMember 2021-12-31 0000840715 srt:MaximumMember 2021-01-01 2021-12-31 0000840715 2021-01-01 2021-12-31 0000840715 2019-12-31 0000840715 srt:MinimumMember us-gaap:TradeNamesMember 2021-01-01 2021-12-31 0000840715 srt:MaximumMember us-gaap:TradeNamesMember 2021-01-01 2021-12-31 0000840715 srt:MinimumMember clro:ProprietarySoftwareMember 2021-01-01 2021-12-31 0000840715 srt:MaximumMember clro:ProprietarySoftwareMember 2021-01-01 2021-12-31 0000840715 srt:AmericasMember 2021-01-01 2021-12-31 0000840715 clro:AsiaMiddleEastAndAustraliaMember 2021-01-01 2021-12-31 0000840715 srt:MinimumMember us-gaap:OtherIntangibleAssetsMember 2021-01-01 2021-12-31 0000840715 srt:MaximumMember us-gaap:OtherIntangibleAssetsMember 2021-01-01 2021-12-31 0000840715 clro:EuropeAndAfricaMember 2021-01-01 2021-12-31 0000840715 srt:MinimumMember clro:OfficeFurnitureAndEquipmentMember 2021-01-01 2021-12-31 0000840715 srt:MaximumMember clro:OfficeFurnitureAndEquipmentMember 2021-01-01 2021-12-31 0000840715 srt:MinimumMember us-gaap:LeaseholdImprovementsMember 2021-01-01 2021-12-31 0000840715 srt:MaximumMember us-gaap:LeaseholdImprovementsMember 2021-01-01 2021-12-31 0000840715 srt:MinimumMember us-gaap:VehiclesMember 2021-01-01 2021-12-31 0000840715 srt:MaximumMember us-gaap:VehiclesMember 2021-01-01 2021-12-31 0000840715 2018-01-01 2018-12-31 0000840715 clro:PatentsAndTechnologicalKnowHowMember 2021-01-01 2021-12-31 0000840715 country:US 2021-01-01 2021-12-31 0000840715 clro:CustomerBMember us-gaap:AccountsReceivableMember us-gaap:CustomerConcentrationRiskMember 2021-01-01 2021-12-31 0000840715 clro:AudioConferencingMember 2021-01-01 2021-12-31 0000840715 clro:MicrophonesMember 2021-01-01 2021-12-31 0000840715 us-gaap:SalesRevenueNetMember us-gaap:CustomerConcentrationRiskMember 2021-01-01 2021-12-31 0000840715 clro:VideoProductsMember 2021-01-01 2021-12-31 0000840715 clro:EquityIncentivePlan2007Member 2016-12-12 0000840715 srt:MinimumMember clro:EquityIncentivePlan2007Member 2021-01-01 2021-12-31 0000840715 srt:MaximumMember clro:EquityIncentivePlan2007Member 2021-01-01 2021-12-31 0000840715 srt:MaximumMember clro:EmployeeStockPurchasePlanMember 2021-01-01 2021-12-31 0000840715 srt:MinimumMember clro:ManufacturingAndTestEquipmentMember 2021-01-01 2021-12-31 0000840715 clro:DirectorsAndOfficersMember 2021-01-01 2021-12-31 0000840715 clro:OtherEmployeesMember 2021-01-01 2021-12-31 0000840715 clro:EmployeeStockPurchasePlanMember 2021-01-01 2021-12-31 0000840715 srt:MaximumMember clro:ManufacturingAndTestEquipmentMember 2021-01-01 2021-12-31 0000840715 us-gaap:ConvertiblesAndBondsWithWarrantsAttachedMember us-gaap:CommonStockMember 2019-12-17 0000840715 us-gaap:BeneficialOwnerMember us-gaap:CommonStockMember 2019-12-16 2019-12-17 0000840715 srt:MaximumMember us-gaap:ConvertibleDebtMember 2019-12-16 2019-12-17 0000840715 us-gaap:ConvertibleDebtMember us-gaap:CommonStockMember 2019-12-17 0000840715 us-gaap:CommonStockIncludingAdditionalPaidInCapitalMember 2021-01-01 2021-12-31 0000840715 us-gaap:CommonStockIncludingAdditionalPaidInCapitalMember 2019-12-31 0000840715 us-gaap:ConvertiblesAndBondsWithWarrantsAttachedMember 2019-12-16 2019-12-17 0000840715 us-gaap:ConvertibleDebtMember 2019-12-16 2019-12-17 0000840715 us-gaap:NonUsMember 2021-01-01 2021-12-31 0000840715 clro:LitigationForIntellectualPropertyInfringementMember 2021-01-01 2021-12-31 0000840715 us-gaap:AccountingStandardsUpdate201602Member 2018-12-31 0000840715 us-gaap:ConvertibleDebtMember us-gaap:CommonStockMember 2019-12-16 2019-12-17 0000840715 srt:MaximumMember us-gaap:ConvertibleDebtMember us-gaap:CommonStockMember 2019-12-16 2019-12-17 0000840715 us-gaap:WarrantMember us-gaap:CommonStockMember 2019-12-17 0000840715 us-gaap:CommonStockIncludingAdditionalPaidInCapitalMember 2020-01-01 2020-12-31 0000840715 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2020-01-01 2020-12-31 0000840715 us-gaap:RetainedEarningsMember 2020-01-01 2020-12-31 0000840715 us-gaap:CommonStockIncludingAdditionalPaidInCapitalMember 2020-12-31 0000840715 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2020-12-31 0000840715 us-gaap:RetainedEarningsMember 2020-12-31 0000840715 us-gaap:CorporateDebtSecuritiesMember 2020-12-31 0000840715 us-gaap:USStatesAndPoliticalSubdivisionsMember 2020-12-31 0000840715 us-gaap:TradeNamesMember 2020-12-31 0000840715 clro:PatentsAndTechnologicalKnowHowMember 2020-12-31 0000840715 clro:ProprietarySoftwareMember 2020-12-31 0000840715 us-gaap:OtherIntangibleAssetsMember 2020-12-31 0000840715 us-gaap:PublicUtilitiesInventoryReplacementPartsMember 2020-12-31 0000840715 clro:CustomerAMember us-gaap:AccountsReceivableMember us-gaap:CustomerConcentrationRiskMember 2021-01-01 2021-12-31 0000840715 clro:AudioConferencingMember 2020-01-01 2020-12-31 0000840715 clro:MicrophonesMember 2020-01-01 2020-12-31 0000840715 clro:VideoProductsMember 2020-01-01 2020-12-31 0000840715 srt:AmericasMember 2020-01-01 2020-12-31 0000840715 clro:AsiaMiddleEastAndAustraliaMember 2020-01-01 2020-12-31 0000840715 clro:EuropeAndAfricaMember 2020-01-01 2020-12-31 0000840715 clro:OfficeFurnitureAndEquipmentMember 2020-12-31 0000840715 clro:CustomerAMember us-gaap:AccountsReceivableMember us-gaap:CustomerConcentrationRiskMember 2020-01-01 2020-12-31 0000840715 us-gaap:FairValueInputsLevel1Member us-gaap:CorporateDebtSecuritiesMember 2020-12-31 0000840715 us-gaap:FairValueInputsLevel2Member us-gaap:CorporateDebtSecuritiesMember 2020-12-31 0000840715 us-gaap:FairValueInputsLevel3Member us-gaap:CorporateDebtSecuritiesMember 2020-12-31 0000840715 us-gaap:LeaseholdImprovementsMember 2020-12-31 0000840715 us-gaap:VehiclesMember 2020-12-31 0000840715 clro:ManufacturingAndTestEquipmentMember 2020-12-31 0000840715 clro:LitigationForIntellectualPropertyInfringementMember 2020-01-01 2020-12-31 0000840715 us-gaap:FairValueInputsLevel1Member us-gaap:USStatesAndPoliticalSubdivisionsMember 2020-12-31 0000840715 clro:EquityIncentivePlan2007Member 2020-12-31 0000840715 clro:EmployeeStockPurchasePlanMember 2020-12-31 0000840715 clro:EmployeeStockPurchasePlanMember 2020-01-01 2020-12-31 0000840715 2021-12-31 0000840715 us-gaap:FairValueInputsLevel1Member 2020-12-31 0000840715 us-gaap:FairValueInputsLevel2Member 2020-12-31 0000840715 us-gaap:FairValueInputsLevel3Member 2020-12-31 0000840715 country:US 2020-01-01 2020-12-31 0000840715 us-gaap:NonUsMember 2020-01-01 2020-12-31 0000840715 us-gaap:ConvertiblesAndBondsWithWarrantsAttachedMember 2021-01-01 2021-12-31 0000840715 us-gaap:FairValueInputsLevel2Member us-gaap:USStatesAndPoliticalSubdivisionsMember 2020-12-31 0000840715 us-gaap:FairValueInputsLevel3Member us-gaap:USStatesAndPoliticalSubdivisionsMember 2020-12-31 0000840715 us-gaap:LoansPayableMember 2020-04-17 2020-04-18 0000840715 us-gaap:LoansPayableMember 2020-04-18 0000840715 us-gaap:CommonStockMember 2020-09-13 0000840715 us-gaap:CommonStockMember 2020-09-13 2020-09-13 0000840715 us-gaap:ConvertibleNotesPayableMember 2020-12-31 0000840715 2016-01-01 2021-12-31 0000840715 clro:CustomerBMember us-gaap:AccountsReceivableMember us-gaap:CustomerConcentrationRiskMember 2020-01-01 2020-12-31 0000840715 2021-09-12 0000840715 2021-09-12 2021-09-12 0000840715 us-gaap:ConvertiblesAndBondsWithWarrantsAttachedMember 2020-01-01 2020-12-31 0000840715 us-gaap:NotesPayableOtherPayablesMember us-gaap:MajorityShareholderMember us-gaap:BridgeLoanMember 2021-07-02 0000840715 us-gaap:NotesPayableOtherPayablesMember us-gaap:MajorityShareholderMember us-gaap:BridgeLoanMember 2021-07-02 2021-07-02 0000840715 us-gaap:BridgeLoanMember 2021-07-02 2021-07-02 0000840715 us-gaap:BridgeLoanMember 2021-07-02 0000840715 us-gaap:MajorityShareholderMember us-gaap:CommonStockMember us-gaap:SubsequentEventMember us-gaap:PrivatePlacementMember clro:SecuritiesPurchaseAgreementMember 2022-01-04 0000840715 us-gaap:MajorityShareholderMember us-gaap:BridgeLoanMember us-gaap:SubsequentEventMember 2022-01-04 0000840715 us-gaap:MajorityShareholderMember us-gaap:BridgeLoanMember us-gaap:SubsequentEventMember 2022-01-03 2022-01-04 0000840715 us-gaap:SalesRevenueNetMember us-gaap:CustomerConcentrationRiskMember 2020-01-01 2020-12-31 0000840715 clro:EmployeeStockPurchasePlanTwoMember 2021-12-31 0000840715 clro:EmployeeStockPurchasePlanTwoMember 2021-01-01 2021-12-31 0000840715 clro:PatentTrialAndAppealBoardMember 2020-08-13 2020-08-14 0000840715 clro:PatentTrialAndAppealBoardMember 2020-08-23 2020-08-24 0000840715 clro:PatentTrialAndAppealBoardMember 2020-08-24 0000840715 clro:PatentTrialAndAppealBoardMember 2021-02-15 2021-02-16 0000840715 clro:PatentTrialAndAppealBoardMember 2021-02-16 0000840715 clro:EquityIncentivePlan2007Member 2021-01-01 2021-12-31 0000840715 srt:MinimumMember country:US us-gaap:SalesRevenueNetMember us-gaap:GeographicConcentrationRiskMember 2021-01-01 2021-12-31 0000840715 2022-04-15 shares pure utr:D utr:sqft iso4217:USD iso4217:USD shares false 2021 FY false Non-accelerated Filer Yes No No

P2Y

--12-31 false true Yes CLEARONE INC 0000840715 clro true false DE NASDAQ UT

P3Y

P3M

P2Y

P16M 10-K 2021-12-31 001-33660 87-0398877 5225 Wiley Post Way, Suite 500 Salt Lake City 84116 (801) 975-7200 18800000 22410126 270 TANNER LLC Salt Lake City, Utah

1071000

3803000

1790000

1117000

326000

506000

4991000

5194000

10033000

10463000

7535000

7169000

4021000

1536000

29441000

29282000

1220000

1762000

3567000

4590000

744000

906000

1537000

1936000

25086000

19248000

4597000

4599000

66192000

62323000

5388000

3950000

2549000

2352000

54000

123000

3481000

672000

11472000

7097000

1535000

3245000

1026000

1489000

655000

678000

14688000

12509000

0.001

50000000

22410126

18775773

22000

19000

72795000

63359000

-241000

-186000

-21072000

-13378000

51504000

49814000

66192000

62323000

28967000

29069000

17051000

16510000

11916000

12559000

6736000

6728000

5794000

5512000

6881000

5886000

19411000

18126000

-7495000

-5567000

514000

436000

32000

79000

-7977000

-5924000

-283000

-6429000

-7694000

505000

-0.39

0.03

-0.39

0.03

19859817

17271629

19859817

17325351

-7694000

505000

-28000

8000

-27000

-18000

-7749000

495000

63378000

58537000

9288000

4764000

136000

63000

15000

14000

72817000

63378000

-186000

-176000

-28000

8000

-27000

-18000

-241000

-186000

-13378000

-13883000

-7694000

505000

-21072000

-13378000

51504000

49814000

-7694000

505000

2867000

2313000

611000

563000

136000

63000

82000

850000

1517000

-203000

-192000

-603000

-1155000

2485000

417000

1438000

1079000

166000

-865000

-366000

-7087000

-69000

-50000

-631000 -570000

-23000

538000

-4394000

-982000

7836000 6728000

221000

284000

290000

205000

4004000

4605000

4164000

2932000

-8507000

-5544000

10000000 5275000

712000

511000

2000000

1499000

1098000

15000

14000

10205000

6277000

-36000

-12000

-2732000

-261000

3803000

4064000

1071000

3803000

107000

79000

296000

244000

1. Business Description, Basis of Presentation and Significant Accounting Policies <div style="border-right: none; border-left: none;"> Business Description: ClearOne, Inc., together with its subsidiaries (collectively, “ClearOne” or the “Company”), is a global market leader enabling conferencing, collaboration, and network streaming solutions. The performance and simplicity of our advanced, comprehensive solutions offer unprecedented levels of functionality, reliability and scalability. <div style="border-right: none; border-left: none;"> Basis of Presentation: <div style="font-family: 'times new roman', times; font-size: 10pt;"> <div style="border-right: none; border-left: none;"> <div style="border-right: none; border-left: none;"> Fiscal Year – This report on Form 10-K includes consolidated balance sheets for the years ended December 31, 2021 and 2020 and the related consolidated statements of operations and comprehensive income (loss), shareholders' equity, and cash flows for each of the years 2021 and 2020. </div> </div> </div> <div style="font-family: 'times new roman', times; font-size: 10pt;"> <div style="border-right: none; border-left: none;"> <div style="border-right: none; border-left: none;"> Consolidation – These consolidated financial statements include the financial statements of ClearOne, Inc. and its wholly owned subsidiaries. All inter-Company accounts and transactions have been eliminated in consolidation. </div> </div> </div> <div style="font-family: 'times new roman', times; font-size: 10pt;"> <div style="border-right: none; border-left: none;"> <div style="border-right: none; border-left: none;"> Use of Estimates – The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (GAAP) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of sales and expenses during the reporting periods. Key estimates in the accompanying consolidated financial statements include, among others, revenue recognition, allowances for doubtful accounts receivable and product returns, provisions for obsolete inventory, potential impairment of long-lived assets, and deferred income tax asset valuation allowances. Actual results could differ materially from these estimates. </div> </div> </div> <div style="font-family: 'times new roman', times; font-size: 10pt;"> <div style="border-right: none; border-left: none;"> <div style="border-right: none; border-left: none;"> Foreign Currency Translation – We are exposed to foreign currency exchange risk through our foreign subsidiaries. Other than our subsidiaries in India and Spain, all other foreign subsidiaries are U.S. dollar functional, for which gains and losses arising from remeasurement are included in earnings. Our Spanish subsidiary is Euro functional, for which gains and losses arising from translation are included in accumulated other comprehensive income or loss. Our Indian subsidiary is Indian Rupee functional, for which gains and losses arising from translation are included in accumulated other comprehensive income or loss. We translate and remeasure foreign assets and liabilities at exchange rates in effect at the balance sheet dates. We translate revenue and expenses using average rates during the year. </div> </div> </div> <div style="font-family: 'times new roman', times; font-size: 10pt;"> <div style="border-right: none; border-left: none;"> <div style="border-right: none; border-left: none;"> Concentration Risk – We depend on an outsourced manufacturing strategy for our products. We outsource the manufacture of all of our products to third party manufacturers located in Asia. If any of these manufacturers experience difficulties in obtaining sufficient supplies of components, component prices significantly exceeding the anticipated costs, an interruption in their operations, or otherwise suffer capacity constraints, we would experience a delay in production and shipping of these products, which would have a negative impact on our revenues. Should there be any disruption in services due to natural disaster, economic or political difficulties, transportation restrictions, acts of terror, quarantine or other restrictions associated with infectious diseases, or other similar events, or any other reason, such disruption may have a material adverse effect on our business. Operating in the international environment exposes us to certain inherent risks, including unexpected changes in regulatory requirements and tariffs, and potentially adverse tax consequences, which could materially affect our results of operations. Currently, we have no second source of manufacturing for most of our products. </div> </div> </div> </div> </div> <div style="border-right: none; border-left: none;"> </div> Significant Accounting Policies: <div style="font-family: 'times new roman', times; font-size: 10pt;"> Cash Equivalents – The Company considers all highly-liquid investments with a maturity of three months or less, when purchased, to be cash equivalents. The Company places its temporary cash investments with high-quality financial institutions. At times, such investments may be in excess of the Federal Deposit Insurance Corporation insurance limits. </div> Marketable Securities - The Company has classified its marketable securities as available-for-sale securities. These debt securities are carried at estimated fair value with unrealized holding gains and losses included in other comprehensive income (loss) in shareholders’ equity until realized. Gains and losses on marketable security transactions are reported on the specific-identification method. Dividend and interest income are recognized when earned. A decline in the market value of any available-for-sale security below cost that is deemed other than temporary results in a charge to earnings and establishes a new cost basis for the security. Losses are charged against “Other income” when a decline in fair value is determined to be other than temporary. We review several factors to determine whether a loss is other than temporary. These factors include, but are not limited to: (i) the extent to which the fair value is less than cost and the cause for the fair value decline, (ii) the financial condition and near term prospects of the issuer, (iii) the length of time a security is in an unrealized loss position and (iv) our ability to hold the security for a period of time sufficient to allow for any anticipated recovery in fair value. There were no other-than-temporary impairments recognized during the years ended December 31, 2021 and 2020. <div style="border-right: none; border-left: none;"> Accounts Receivable – Accounts receivable are recorded at the invoiced amount, net of expected returns and allowance for doubtful accounts. Generally, credit is granted to customers on a short-term basis without requiring collateral, and as such, these accounts receivable, do not bear interest, although a finance charge may be applied to such receivables that are past due. The Company extends credit to customers who it believes have the financial strength to pay. The Company has in place credit policies and procedures, an approval process for sales returns and credit memos, and processes for managing and monitoring channel inventory levels. The allowance for doubtful accounts is the Company’s best estimate of the amount of probable credit losses in the Company’s existing accounts receivable. Management regularly analyzes accounts receivable including current aging, historical write-off experience, customer concentrations, customer creditworthiness, and current economic trends when evaluating the adequacy of the allowance for doubtful accounts. We review customer accounts quarterly by first assessing accounts with aging over a specific duration and balance over a specific amount. We review all other balances on a pooled basis based on past collection experience. Accounts identified in our customer-level review as exceeding certain thresholds are assessed for potential allowance adjustment if we conclude the financial condition of that customer has deteriorated, adversely affecting their ability to make payments. Delinquent account balances are written off if the Company determines that the likelihood of collection is not probable. If the assumptions that are used to determine the allowance for doubtful accounts change, the Company may have to provide for a greater level of expense in future periods or reverse amounts provided in prior periods. The Company’s allowance for doubtful accounts activity for the years ended December 31, 2021 and 2020 is as follows: <table cellpadding="0" style="border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; text-indent: 0px; height: 60px; width: 100%;" width="100%"> <tbody style="margin: 0px; text-indent: 0px;"> <tr style="margin: 0px; text-indent: 0px; height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> <td colspan="6" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> Year Ended December 31, </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> </tr> <tr style="margin: 0px; text-indent: 0px; height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> <td colspan="2" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> 2021 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> <td colspan="2" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> 2020 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> </tr> <tr style="margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px; width: 68%;"> Balance at beginning of the year </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px; width: 1%;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px; width: 13%;"> 506 </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px; width: 1%;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px; width: 13%;"> 424 </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px; width: 1%;"> </td> </tr> <tr style="margin: 0px; text-indent: 0px; height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> Allowance increase (decrease) </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> (180 </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;">)</td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> 120 </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> </tr> <tr style="margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"> Write offs, net of recoveries </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"> — </td> <td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"/> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"> (38 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;">)</td> </tr> <tr style="margin: 0px; text-indent: 0px; height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> Balance at end of the year </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> $ </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> 326 </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> $ </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> 506 </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> </tr> </tbody> </table> </div> Inventories – Inventories are valued at the lower of cost or market, with cost computed on a first-in, first-out (“FIFO”) basis. In addition to the price of the product purchased, the cost of inventory includes the Company’s internal manufacturing costs, including warehousing, engineering, material purchasing, quality and product planning expenses and applicable overhead, not in excess of estimated realizable value. Consideration is given to obsolescence, excessive levels, deterioration, direct selling expenses, and other factors in evaluating net realizable value. The inventory also includes advance replacement units (valued at cost) provided by the Company to end-users to service defective products under warranty. The value of advance replacement units included in the inventory was $130 and $35, as of December 31, 2021 and 2020, respectively. The inventory consists of current inventory of $10,033 and long-term inventory of $3,567. Long term inventory represents inventory held in excess of our current (next 12 months) requirements based on our recent sales and forecasted level of sales. <div style="font-family: 'times new roman', times; font-size: 10pt;"> Property and Equipment – Property and equipment are stated at cost less accumulated depreciation and amortization. Expenditures that materially increase values or capacities or extend useful lives of property and equipment are capitalized. Routine maintenance, repairs, and renewal costs are expensed as incurred. Gains or losses from the sale, trade-in, or retirement of property and equipment are recorded in current operations and the related book value of the property is removed from property and equipment accounts and the related accumulated depreciation and amortization accounts. Estimated useful lives are generally two to ten years. Depreciation and amortization are calculated over the estimated useful lives of the respective assets using the straight-line method. Leasehold improvement amortization is computed using the straight-line method over the shorter of the lease term or the estimated useful life of the related assets. </div> <div style="border-left: none; border-right: none;"> <div style="font-family: 'times new roman', times; font-size: 10pt;"> <div style="border-left: none; border-right: none;"> <div style="font-family: 'times new roman', times; font-size: 10pt;"> Intangible Assets – Intangible assets acquired in a purchase business combination are amortized over their useful lives unless these lives are determined to be indefinite. Intangible assets are carried at cost, less accumulated amortization. Amortization is computed over the estimated useful lives of the respective assets, which are generally three to ten years. Intangible assets acquired in a purchase business combination and determined to have an indefinite useful life are not amortized. </div> </div> </div> </div> Impairment of Long-Lived Assets - Long-lived assets, such as property, equipment, and definite-lived intangible assets subject to depreciation and amortization, are reviewed for impairment whenever events or changes in circumstances indicate that the carrying value of an asset may not be recoverable. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset or asset group to estimated future undiscounted net cash flows of the related asset or group of assets over their remaining lives. If the carrying amount of an asset exceeds its estimated future undiscounted cash flows, an impairment charge is recognized for the amount by which the carrying amount exceeds the estimated fair value of the asset. Impairment of long-lived assets is assessed at the lowest levels for which there are identifiable cash flows that are independent of other groups of assets. The impairment of long-lived assets requires judgments and estimates. If circumstances change, such estimates could also change. Assets held for sale are reported at the lower of the carrying amount or fair value, less the estimated costs to sell. <div style="border-left: none; border-right: none;"> <div style="margin: 0px; text-align: justify; text-indent: 0px; line-height: 1;">Recent accounting standard related to leases: In February 2016, the FASB issued ASU 2016-02, Leases (“ASU 2016-02”). This new standard establishes a right-of-use (ROU) model that requires a lessee to record a ROU asset and a lease liability on the balance sheet for all leases with terms longer than 12 months. Leases will be classified as either finance or operating, with classification affecting the pattern of expense recognition in the income statement. ASU 2016-02 is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Early adoption is permitted. In July 2018, the FASB issued ASU No. 2018-11 which provides an alternative transition method that allows entities to apply the new leases standard at the adoption date and recognize a cumulative-effect adjustment to the opening balance of retained earnings in the period of adoption. The Company has adopted the requirements of ASU 2016-02 on January 1, 2019, the first day of fiscal year 2019, using the optional transition method. The Company elected to use certain practical expedient options, which allows an entity not to reassess whether any existing or expired contracts contain leases. There was an increase in assets of $2,966 and liabilities of $3,101 due to the recognition of the required right-of-use asset and corresponding liability for all lease obligations that are currently classified as operating leases with the difference of $135 related to existing deferred rent that reduced the ROU asset recorded. The standard did not have a material impact on our condensed consolidated statements of operations and comprehensive income (loss).</div> <div> </div> <div style="margin: 0px; text-align: justify; text-indent: 0px; line-height: 1; font-family: 'Times New Roman'; font-size: 10pt;">Change in accounting policy related to leases: We determine if an arrangement is a lease at inception. Operating leases are included in operating lease - right of use (“ROU”) assets, accrued liabilities, and operating lease liability in our consolidated balance sheets. As of adoption of ASC 842 and as of December 31, 2021 and December 31, 2020, the Company was not party to finance lease arrangements. ROU assets represent our right to use an underlying asset for the lease term and operating lease liabilities represent our obligation to make lease payments arising from the lease. Operating lease ROU assets and operating lease liabilities are recognized at the commencement date based on the present value of lease payments over the lease term. As most of our leases do not provide an implicit rate, we use our incremental borrowing rate based on the information available at commencement date in determining the present value of lease payments. We use the implicit rate when readily determinable. The operating lease ROU asset also includes any lease payments made and excludes lease incentives. Our lease terms may include options to extend or terminate the lease when it is reasonably certain that we will exercise that option. Lease expense is recognized on a straight-line basis over the lease term. Under the available practical expedient, we account for the lease and non-lease components as a single lease component. </div> <div style="text-align: justify;"> </div> </div> Revenue Recognition Policy: The Company generates revenue from sales of its audio and video conferencing equipment to distributors, system integrators and value-added resellers. The Company also generates revenue, to a much lesser extent, from sale of software and licenses to distributors, system integrators, value-added resellers and end-users. The Company recognizes revenue when it satisfies a performance obligation in an amount reflecting the consideration to which it expects to be entitled. For sales agreements, the Company has identified the promise to transfer products, each of which are distinct, to be the performance obligation. The Company applies a five-step approach in determining the amount and timing of revenue to be recognized: (1) identifying the contract with a customer, (2) identifying the performance obligations in the contract, (3) determining the transaction price, (4) allocating the transaction price to the performance obligations in the contract and (5) recognizing revenue when the performance obligation is satisfied. Substantially all of the Company’s revenue is recognized at the time control of the products transfers to the customer. Sales agreements with customers are renewable periodically and contain terms and conditions with respect to payment, delivery, warranty and supply, but typically do not require mandatory purchase commitments. In the absence of a sales agreement, the Company’s standard terms and conditions at the time of acceptance of purchase orders apply. The Company considers the customer purchase orders, governed by sales agreements or the Company’s standard terms and conditions, to be the contract with the customer. The Company evaluates certain factors including the customer’s ability to pay (or credit risk). In determining the transaction price, the Company evaluates whether the price is subject to refund or adjustment to determine the net consideration to which the Company expects to be entitled. Sales to distributors, are typically made pursuant to agreements that provide return rights with respect to discontinued or slow-moving products, referred to as stock rotation. Sales to distributors can also be subject to price adjustment on certain products, primarily for distributors with drop-shipping rights. Although payment terms vary, most distributor agreements require payment within 45 days of invoicing. <span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; line-height: inherit;">The Company recognizes revenue when it satisfies a performance obligation. The Company recognizes revenue from sales agreements upon transferring control of a product to the customer. This typically occurs when products are shipped or delivered, depending on the delivery terms, or when products that are consigned at customer locations are sold to dealers or end users. Revenue recognized during the twelve months ended December 31, 2021<span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; line-height: inherit;"> for equipment sales was $28,792<span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; line-height: inherit;">, and for software, licenses, etc. was $175<span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; line-height: inherit;">. Sales returns and allowances are estimated based on historical experience. Provisions for discounts and rebates to customers, estimated returns and allowances, ship and credit claims and other adjustments are provided for in the same period the related revenues are recognized, and are netted against revenues. For returns, the Company recognizes a related asset for the right to recover returned products with a corresponding reduction to cost of goods sold. The Company reviews warranty and related claims activity and records provisions, as necessary. <p style="margin: 0px; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; line-height: 1;">Frequently, the Company receives orders with multiple delivery dates that may extend across reporting periods. Since each delivery constitutes a performance obligation, the Company allocates the transaction price of the contract to each performance obligation based on the stand-alone selling price of the products. The Company invoices the customer for each delivery upon shipment and recognizes revenues in accordance with delivery terms. Although payment terms vary, distributors typically pay within 45 days of invoicing and dealers pay within 30 days of invoicing. As scheduled delivery dates are within one year, revenue allocated to future shipments of partially completed contracts are not disclosed. <p style="margin: 0px; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;"> <p style="margin: 0px; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; line-height: 1;">The Company has elected to record freight and handling costs associated with outbound freight after control over a product has transferred to a customer as a fulfillment cost and include it in cost of revenues. Taxes assessed by government authorities on revenue-producing transactions, including value-added and excise taxes, are presented on a net basis (excluded from revenues) in the consolidated statements of operations and comprehensive income (loss). <p style="margin: 0px; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;"> <p style="margin: 0px; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;">The details of deferred revenue and associated cost of goods sold and gross profit are as follows: <p style="margin: 0px; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;"> <table cellpadding="0" style="height: 56px; border-collapse: collapse; margin: 0px 0px 0px 0.1px; font-family: 'times new roman'; font-size: 10pt; text-indent: 0px; width: 100%;" width="100%"> <tbody style="margin: 0px; text-indent: 0px;"> <tr style="margin: 0px; text-indent: 0px; height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> <td colspan="6" style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px; border-bottom: 1px solid #000000;"> As of December 31, </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> </tr> <tr style="margin: 0px; text-indent: 0px; height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> <td colspan="2" style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px; border-bottom: 1px solid #000000;"> 2021 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px;"> </td> <td colspan="2" style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px; border-bottom: 1px solid #000000;"> 2020 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> </tr> <tr style="margin: 0px; text-indent: 0px; background-color: #cceeff; height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 16px; width: 68%;"> Deferred revenue </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 16px; border-bottom-width: 1px; width: 1%;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 16px; border-bottom-width: 1px; width: 13%;"> 54 </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 16px; border-bottom-width: 1px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 16px; border-bottom-width: 1px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 16px; border-bottom-width: 1px; width: 1%;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 16px; border-bottom-width: 1px; width: 13%;"> 123 </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 16px; width: 1%;"> </td> </tr> <tr style="margin: 0px; text-indent: 0px; height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> Deferred cost of goods sold </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> — </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> — </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> </tr> <tr style="margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"> Deferred gross profit </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"> </td> <td style="padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"> $ </td> <td style="padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"> 54 </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"> </td> <td style="padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"> $ </td> <td style="padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"> 123 </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"> </td> </tr> </tbody> </table> <p style="margin: 0px; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;"> <div style="margin: 0px; text-indent: 0px;"> <div id="t_ft_XFY738358G00000000000000000000b"> </div> </div> The Company offers rebates and market development funds to certain of its distributors, dealers/resellers, and end-users based upon the volume of product purchased by them. The Company records rebates as a reduction of revenue in accordance with GAAP. The Company provides, at its discretion, advance replacement units to end-users on defective units of certain products under warranty. Since the purpose of these units is not revenue generating, the Company tracks the units due from the end-user, until the defective unit has been returned. Any amount due from the customer upon failure to return the products is accounted as receivable only after establishing customer's failure to return the products. The inventory due from the customer is accounted at cost or market value whichever is lower. The following table disaggregates the Company’s revenue into primary product groups: <div style="border-right: none; border-left: none;"> <table cellpadding="0" style="height: 103px; border-collapse: collapse; margin: 0px 0px 0px 0.1px; font-family: 'times new roman'; font-size: 10pt; text-indent: 0px; width: 85%; margin-left: 0.1px;" width="85%"> <tbody style="margin: 0px; text-indent: 0px;"> <tr style="height: 18px;"> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px;"> </td> <td colspan="6" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px; text-align: center;">Year Ended December 31</td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px;"> </td> </tr> <tr style="margin: 0px; text-indent: 0px; height: 19px;"> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"> </td> <td colspan="2" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"> 2021 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"> </td> <td colspan="2" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"> 2020 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"> </td> </tr> <tr style="margin: 0px; text-indent: 0px; background-color: #cceeff; height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 16px; width: 60%;"> Audio Conferencing </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 16px; width: 1%;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 16px; width: 17%;"> 11,568 </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 16px; width: 1%;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 16px; width: 17%;"> 10,926 </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 16px; width: 1%;"> </td> </tr> <tr style="margin: 0px; text-indent: 0px; height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 16px;"> Microphones </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 16px;"> 10,963 </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 16px;"> 9,149 </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 16px;"> </td> </tr> <tr style="margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"> Video products </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"> 6,436 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"> 8,994 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"> </td> </tr> <tr style="margin: 0px; text-indent: 0px; height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 0.4pt; margin: 0px; text-indent: 0px; height: 17px; vertical-align: bottom;"> $ </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 0.4pt; margin: 0px; text-indent: 0px; height: 17px; vertical-align: bottom;"> 28,967 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 0.4pt; margin: 0px; text-indent: 0px; height: 17px; vertical-align: bottom;"> $ </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 0.4pt; margin: 0px; text-indent: 0px; height: 17px; vertical-align: bottom;"> 29,069 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"> </td> </tr> </tbody> </table> </div> The following table disaggregates the Company’s revenue into major regions: <div style="border-right: none; border-left: none;"> <table cellpadding="0" style="height: 80px; border-collapse: collapse; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt; width: 85%;" width="85%"> <tbody> <tr style="height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px;"> </td> <td colspan="6" style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000;"> Year Ended December 31, </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px;"> </td> </tr> <tr style="height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px;"> </td> <td colspan="2" style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000;"> 2021 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px;"> </td> <td colspan="2" style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000;"> 2020 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px;"> </td> </tr> <tr style="background-color: #cceeff; height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 60%;"> North and South America </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 17%;"> 14,042 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 17%;"> 18,320 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> </tr> <tr style="height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> Asia (including Middle East) and Australia </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> 8,197 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> 5,998 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> </tr> <tr style="background-color: #cceeff; height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"> Europe and Africa </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"> 6,728 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"> 4,751 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"> </td> </tr> <tr style="height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; border-top: 1px solid #000000; border-bottom: 2.8pt double #000000;"> $ </td> <td style="padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; border-top: 1px solid #000000; border-bottom: 2.8pt double #000000;"> 28,967 </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; border-top: 1px solid #000000; border-bottom: 2.8pt double #000000;"> $ </td> <td style="padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; border-top: 1px solid #000000; border-bottom: 2.8pt double #000000;"> 29,069 </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; height: 10px;"> </td> </tr> </tbody> </table> Warranty Costs – The Company accrues for warranty costs based on estimated warranty return rates and estimated costs to repair. These reserve costs are classified as accrued liabilities on the consolidated balance sheets. Factors that affect the Company’s warranty liability include the number of units sold, historical and anticipated rates of warranty returns, and repair cost. The Company reviews the adequacy of its recorded warranty accrual on a quarterly basis. The details of changes in the Company’s warranty accrual are as follows: <table cellpadding="0" style="height: 93px; border-collapse: collapse; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt; width: 85%;" width="85%"> <tbody> <tr style="height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px;"> </td> <td colspan="6" style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000;"> Year Ended December 31, </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px;"> </td> </tr> <tr style="height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px;"> </td> <td colspan="2" style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000;"> 2021 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px;"> </td> <td colspan="2" style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000;"> 2020 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px;"> </td> </tr> <tr style="background-color: #cceeff; height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 60%;"> Balance at the beginning of year </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 17%;"> 194 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 17%;"> 194 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> Accruals/additions </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> — </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> 119 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> </tr> <tr style="background-color: #cceeff; height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> Usage/claims </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> — </td> <td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"/> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> (119 </td> <td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td> </tr> <tr style="height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> Balance at end of year </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"> $ </td> <td style="padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"> 194 </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"> $ </td> <td style="padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"> 194 </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; height: 10px;"> </td> </tr> </tbody> </table> <p style="margin: 0pt 7.2pt; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;"> </div> <div> <div id="t_ft_3SXD5GOSSG00000000000000000000b"> </div> </div> Advertising – The Company expenses advertising costs as incurred. Advertising costs consist of trade shows, magazine advertisements, and other forms of media. Advertising expenses for the years ended December 31, 2021 and 2020 totaled $508 and $440, respectively, and are included in sales and marketing on the consolidated statements of operations and comprehensive income (loss). Income Taxes – The Company uses the asset and liability method of accounting for income taxes. Under the asset and liability method, deferred tax assets and liabilities are recognized for the future tax consequences attributable to temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases, and operating loss and tax credit carry-forwards. These temporary differences will result in deductible or taxable amounts in future years when the reported amounts of the assets or liabilities are recovered or settled. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. A valuation allowance is provided when it is more likely than not that some or all of the deferred tax assets may not be realized. On a quarterly basis, the Company tests the value of deferred tax assets for impairment at the taxpaying-component level within each tax jurisdiction. Significant judgment and estimates are required in determining whether valuation allowances should be established as well as the amount of such allowances. <div style="position: relative; cursor: pointer; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"> The valuation allowance is based on our estimates of future taxable income and the period over which we expect the deferred tax assets to be recovered. Our assessment of future taxable income is based on historical experience and current and anticipated market and economic conditions and trends. In 2018, as a result of negative evidence, principally three years of cumulative pre-tax operating losses, we concluded that it was more likely than not that net operating losses, tax credits and other deferred tax assets were not realizable and therefore, we recorded a full valuation allowance against those net deferred tax assets. Adjustments to the valuation allowance increase or decrease the Company’s income tax provision or benefit. As of December 31, 2021 the Company had no net deferred tax assets due to valuation allowances recorded to account for the consecutive quarters with losses before taxes. Recent changes: There were no changes that had <span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-size: 10pt;">a<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-size: 10pt;"> <span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-size: 10pt;">material impact on the Company's consolidated financial position, results of operations or cash flows. </div> <p style="margin: 0px; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;"> Earnings Per Share – The following table sets forth the computation of basic and diluted loss per common share: <table cellpadding="0" style="height: 210px; border-collapse: collapse; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"> <tbody> <tr style="height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px;"> </td> <td colspan="6" style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000;"> Year Ended December 31, </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px;"> </td> <td style="vertical-align: top; height: 17px;"/> </tr> <tr style="height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px;"> </td> <td colspan="2" style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000;"> 2021 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px;"> </td> <td colspan="2" style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000;"> 2020 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px;"> </td> <td style="vertical-align: top; height: 17px;"/> </tr> <tr style="background-color: #cceeff; height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 59%;"> Numerator: </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 17%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 17%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="vertical-align: top; background-color: #cceeff; height: 16px; width: 1%;"/> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> Net income (loss) </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> (7,694 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;">)</td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> 505 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"/> <td style="vertical-align: top; height: 16px;"/> </tr> <tr style="background-color: #cceeff; height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> Denominator: </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> </td> <td style="vertical-align: top; background-color: #cceeff; height: 16px;"/> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> Basic weighted average shares </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> 19,859,817 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> 17,271,629 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="vertical-align: top; height: 16px;"/> </tr> <tr style="background-color: #cceeff; height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> Dilutive common stock equivalents using treasury stock method </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> — </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> 53,722 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="vertical-align: top; background-color: #cceeff; height: 17px;"/> </tr> <tr style="height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> Diluted weighted average shares </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"> </td> <td style="padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"> 19,859,817 </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"> </td> <td style="padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"> 17,325,351 </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; height: 10px;"> </td> <td style="vertical-align: top; height: 10px;"/> </tr> <tr style="background-color: #cceeff; height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="vertical-align: top; background-color: #cceeff; height: 17px;"/> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> Basic income (loss) per common share: </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> (0.39 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;">)</td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> 0.03 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"/> <td style="vertical-align: bottom; height: 16px;"> </td> </tr> <tr style="background-color: #cceeff; height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> Diluted income (loss) per common share: </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> (0.39 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;">)</td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> 0.03 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"/> <td style="vertical-align: bottom; background-color: #cceeff; height: 16px;"> </td> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="vertical-align: bottom; height: 16px;"> </td> </tr> <tr style="background-color: #cceeff; height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"> Weighted average options, warrants and convertible portion of senior convertible notes outstanding </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"> 4,654,601 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"> 2,611,574 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"> </td> <td style="vertical-align: bottom; background-color: #cceeff; height: 10px;"> </td> </tr> <tr style="height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> Anti-dilutive options, warrants and convertible portion of senior convertible notes not included in the computation </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> 4,654,601 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> 3,323,272 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td style="vertical-align: bottom; height: 10px;"> </td> </tr> </tbody> </table> <div> <div id="t_ft_RSHYIMHLSG00000000000000000000b"> </div> </div> <div style="border-left: none; border-right: none;"> <div style="font-family: 'times new roman', times; font-size: 10pt;"> <div style="font-family: 'times new roman', times; font-size: 10pt;"> <div> <div style="border-left: none; border-right: none;"> <div style="font-family: 'times new roman', times; font-size: 10pt;"> Share-Based Payment – We estimate the fair value of stock options using the Black-Scholes option-pricing model, which requires certain estimates, including an expected forfeiture rate and expected term of options granted. We also make decisions regarding the method of calculating expected volatilities and the risk-free interest rate used in the option-pricing model. The resulting calculated fair value of stock options is recognized as compensation expense over the requisite service period, which is generally the vesting period. When there are changes to the assumptions used in the option-pricing model, including fluctuations in the market price of our common stock, there will be variations in the calculated fair value of our future stock option awards, which results in variation in the compensation cost recognized. </div> </div> </div> </div> <div style="font-family: 'times new roman', times; font-size: 10pt;"> <div> <div style="border-left: none; border-right: none;"> <div style="font-family: 'times new roman', times; font-size: 10pt;"> Other recent accounting pronouncements: The Company has determined that other recently issued accounting standards will not have a material impact on its consolidated financial position, results of operations or cash flows. </div> </div> </div> </div> Liquidity: <div style="font-family: 'times new roman', times; font-size: 10pt;"> <div> <div style="border-left: none; border-right: none;"> <div style="font-family: 'times new roman', times; font-size: 10pt;"> <p style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin: 0px; text-align: justify; line-height: 1;">As of December 31, 2021, cash and cash equivalents were approximately $1,071 compared to $3,803 as of December 31, 2020. Our working capital was $17,969 as of December 31, 2021 compared to $22,185 as of December 31, 2020. Net cash used in operating activities was $4,394 for the twelve months ended December 31, 2021, a decrease of cash used of $3,412 from $982 of cash used in operating activities in the twelve months ended December 31, 2020. <p style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin: 0px; text-align: justify; line-height: 1;"> The Company is currently pursuing all available legal remedies to defend its strategic patents from infringement. The Company has already spent approximately $28,156 from 2016 through 2021 towards this litigation and may be required to spend more to continue its legal defense. The Company has been actively engaged in preserving cash by suspending its dividend program, allowing the share repurchase program to expire in 2018 and implementing company-wide cost reduction measures. The Company has also raised additional capital in 2019 by issuing senior convertible notes, in 2020 by borrowing through the CARES Act Paycheck Protection Program and issuing common stock and warrants, and in 2021 by issuing common stock and warrants and short-term notes. In addition, the Company has been generating additional cash as the Company's inventory levels are brought down to historical levels. The Company also believes that the measures taken by it will continue to yield higher revenues in the future. The Company believes, although there can be no assurance, that all of these measures and effective management of working capital will provide the liquidity needed to meet the operating needs through at least April 15, 2023. The Company also believes that its strong portfolio of intellectual property and its solid brand equity in the market will enable it to raise additional capital if and when needed to meet our short and long-term financing needs; however, there can be no assurance that, if needed, the Company will be successful in obtaining the necessary funds through equity or debt financing. If the Company needs additional capital and is unable to secure financing, it may be required to further reduce expenses, delay product development and enhancement, or revise its strategy regarding ongoing litigation. </div> </div> </div> </div> </div> </div>

<div style="font-family: 'times new roman', times; font-size: 10pt;"> <div style="border-right: none; border-left: none;"> <div style="border-right: none; border-left: none;"> Concentration Risk – We depend on an outsourced manufacturing strategy for our products. We outsource the manufacture of all of our products to third party manufacturers located in Asia. If any of these manufacturers experience difficulties in obtaining sufficient supplies of components, component prices significantly exceeding the anticipated costs, an interruption in their operations, or otherwise suffer capacity constraints, we would experience a delay in production and shipping of these products, which would have a negative impact on our revenues. Should there be any disruption in services due to natural disaster, economic or political difficulties, transportation restrictions, acts of terror, quarantine or other restrictions associated with infectious diseases, or other similar events, or any other reason, such disruption may have a material adverse effect on our business. Operating in the international environment exposes us to certain inherent risks, including unexpected changes in regulatory requirements and tariffs, and potentially adverse tax consequences, which could materially affect our results of operations. Currently, we have no second source of manufacturing for most of our products. </div> </div> </div>

Marketable Securities - The Company has classified its marketable securities as available-for-sale securities. These debt securities are carried at estimated fair value with unrealized holding gains and losses included in other comprehensive income (loss) in shareholders’ equity until realized. Gains and losses on marketable security transactions are reported on the specific-identification method. Dividend and interest income are recognized when earned. A decline in the market value of any available-for-sale security below cost that is deemed other than temporary results in a charge to earnings and establishes a new cost basis for the security. Losses are charged against “Other income” when a decline in fair value is determined to be other than temporary. We review several factors to determine whether a loss is other than temporary. These factors include, but are not limited to: (i) the extent to which the fair value is less than cost and the cause for the fair value decline, (ii) the financial condition and near term prospects of the issuer, (iii) the length of time a security is in an unrealized loss position and (iv) our ability to hold the security for a period of time sufficient to allow for any anticipated recovery in fair value. There were no other-than-temporary impairments recognized during the years ended December 31, 2021 and 2020.

Accounts Receivable – Accounts receivable are recorded at the invoiced amount, net of expected returns and allowance for doubtful accounts. Generally, credit is granted to customers on a short-term basis without requiring collateral, and as such, these accounts receivable, do not bear interest, although a finance charge may be applied to such receivables that are past due. The Company extends credit to customers who it believes have the financial strength to pay. The Company has in place credit policies and procedures, an approval process for sales returns and credit memos, and processes for managing and monitoring channel inventory levels. The allowance for doubtful accounts is the Company’s best estimate of the amount of probable credit losses in the Company’s existing accounts receivable. Management regularly analyzes accounts receivable including current aging, historical write-off experience, customer concentrations, customer creditworthiness, and current economic trends when evaluating the adequacy of the allowance for doubtful accounts. We review customer accounts quarterly by first assessing accounts with aging over a specific duration and balance over a specific amount. We review all other balances on a pooled basis based on past collection experience. Accounts identified in our customer-level review as exceeding certain thresholds are assessed for potential allowance adjustment if we conclude the financial condition of that customer has deteriorated, adversely affecting their ability to make payments. Delinquent account balances are written off if the Company determines that the likelihood of collection is not probable. If the assumptions that are used to determine the allowance for doubtful accounts change, the Company may have to provide for a greater level of expense in future periods or reverse amounts provided in prior periods. The Company’s allowance for doubtful accounts activity for the years ended December 31, 2021 and 2020 is as follows: <table cellpadding="0" style="border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; text-indent: 0px; height: 60px; width: 100%;" width="100%"> <tbody style="margin: 0px; text-indent: 0px;"> <tr style="margin: 0px; text-indent: 0px; height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> <td colspan="6" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> Year Ended December 31, </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> </tr> <tr style="margin: 0px; text-indent: 0px; height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> <td colspan="2" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> 2021 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> <td colspan="2" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> 2020 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> </tr> <tr style="margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px; width: 68%;"> Balance at beginning of the year </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px; width: 1%;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px; width: 13%;"> 506 </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px; width: 1%;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px; width: 13%;"> 424 </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px; width: 1%;"> </td> </tr> <tr style="margin: 0px; text-indent: 0px; height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> Allowance increase (decrease) </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> (180 </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;">)</td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> 120 </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> </tr> <tr style="margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"> Write offs, net of recoveries </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"> — </td> <td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"/> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"> (38 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;">)</td> </tr> <tr style="margin: 0px; text-indent: 0px; height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> Balance at end of the year </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> $ </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> 326 </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> $ </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> 506 </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> </tr> </tbody> </table>

<table cellpadding="0" style="border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; text-indent: 0px; height: 60px; width: 100%;" width="100%"> <tbody style="margin: 0px; text-indent: 0px;"> <tr style="margin: 0px; text-indent: 0px; height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> <td colspan="6" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> Year Ended December 31, </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> </tr> <tr style="margin: 0px; text-indent: 0px; height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> <td colspan="2" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> 2021 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> <td colspan="2" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> 2020 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> </tr> <tr style="margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px; width: 68%;"> Balance at beginning of the year </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px; width: 1%;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px; width: 13%;"> 506 </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px; width: 1%;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px; width: 13%;"> 424 </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px; width: 1%;"> </td> </tr> <tr style="margin: 0px; text-indent: 0px; height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> Allowance increase (decrease) </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> (180 </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;">)</td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> 120 </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> </tr> <tr style="margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"> Write offs, net of recoveries </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"> — </td> <td style="padding: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"/> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"> (38 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;">)</td> </tr> <tr style="margin: 0px; text-indent: 0px; height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> Balance at end of the year </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> $ </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> 326 </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> $ </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> 506 </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> </tr> </tbody> </table>

506000

424000

-180000

120000

38000

326000

506000

Inventories – Inventories are valued at the lower of cost or market, with cost computed on a first-in, first-out (“FIFO”) basis. In addition to the price of the product purchased, the cost of inventory includes the Company’s internal manufacturing costs, including warehousing, engineering, material purchasing, quality and product planning expenses and applicable overhead, not in excess of estimated realizable value. Consideration is given to obsolescence, excessive levels, deterioration, direct selling expenses, and other factors in evaluating net realizable value. The inventory also includes advance replacement units (valued at cost) provided by the Company to end-users to service defective products under warranty. The value of advance replacement units included in the inventory was $130 and $35, as of December 31, 2021 and 2020, respectively. The inventory consists of current inventory of $10,033 and long-term inventory of $3,567. Long term inventory represents inventory held in excess of our current (next 12 months) requirements based on our recent sales and forecasted level of sales.

130000

35000

10033000

3567000

<div style="font-family: 'times new roman', times; font-size: 10pt;"> Property and Equipment – Property and equipment are stated at cost less accumulated depreciation and amortization. Expenditures that materially increase values or capacities or extend useful lives of property and equipment are capitalized. Routine maintenance, repairs, and renewal costs are expensed as incurred. Gains or losses from the sale, trade-in, or retirement of property and equipment are recorded in current operations and the related book value of the property is removed from property and equipment accounts and the related accumulated depreciation and amortization accounts. Estimated useful lives are generally two to ten years. Depreciation and amortization are calculated over the estimated useful lives of the respective assets using the straight-line method. Leasehold improvement amortization is computed using the straight-line method over the shorter of the lease term or the estimated useful life of the related assets. </div>

P10Y

<div style="border-left: none; border-right: none;"> <div style="font-family: 'times new roman', times; font-size: 10pt;"> Intangible Assets – Intangible assets acquired in a purchase business combination are amortized over their useful lives unless these lives are determined to be indefinite. Intangible assets are carried at cost, less accumulated amortization. Amortization is computed over the estimated useful lives of the respective assets, which are generally three to ten years. Intangible assets acquired in a purchase business combination and determined to have an indefinite useful life are not amortized. </div> </div>

P10Y

Impairment of Long-Lived Assets - Long-lived assets, such as property, equipment, and definite-lived intangible assets subject to depreciation and amortization, are reviewed for impairment whenever events or changes in circumstances indicate that the carrying value of an asset may not be recoverable. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset or asset group to estimated future undiscounted net cash flows of the related asset or group of assets over their remaining lives. If the carrying amount of an asset exceeds its estimated future undiscounted cash flows, an impairment charge is recognized for the amount by which the carrying amount exceeds the estimated fair value of the asset. Impairment of long-lived assets is assessed at the lowest levels for which there are identifiable cash flows that are independent of other groups of assets. The impairment of long-lived assets requires judgments and estimates. If circumstances change, such estimates could also change. Assets held for sale are reported at the lower of the carrying amount or fair value, less the estimated costs to sell.

<div style="margin: 0px; text-align: justify; text-indent: 0px; line-height: 1;">Recent accounting standard related to leases: In February 2016, the FASB issued ASU 2016-02, Leases (“ASU 2016-02”). This new standard establishes a right-of-use (ROU) model that requires a lessee to record a ROU asset and a lease liability on the balance sheet for all leases with terms longer than 12 months. Leases will be classified as either finance or operating, with classification affecting the pattern of expense recognition in the income statement. ASU 2016-02 is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Early adoption is permitted. In July 2018, the FASB issued ASU No. 2018-11 which provides an alternative transition method that allows entities to apply the new leases standard at the adoption date and recognize a cumulative-effect adjustment to the opening balance of retained earnings in the period of adoption. The Company has adopted the requirements of ASU 2016-02 on January 1, 2019, the first day of fiscal year 2019, using the optional transition method. The Company elected to use certain practical expedient options, which allows an entity not to reassess whether any existing or expired contracts contain leases. There was an increase in assets of $2,966 and liabilities of $3,101 due to the recognition of the required right-of-use asset and corresponding liability for all lease obligations that are currently classified as operating leases with the difference of $135 related to existing deferred rent that reduced the ROU asset recorded. The standard did not have a material impact on our condensed consolidated statements of operations and comprehensive income (loss).</div> <div> </div> <div style="margin: 0px; text-align: justify; text-indent: 0px; line-height: 1; font-family: 'Times New Roman'; font-size: 10pt;">Change in accounting policy related to leases: We determine if an arrangement is a lease at inception. Operating leases are included in operating lease - right of use (“ROU”) assets, accrued liabilities, and operating lease liability in our consolidated balance sheets. As of adoption of ASC 842 and as of December 31, 2021 and December 31, 2020, the Company was not party to finance lease arrangements. ROU assets represent our right to use an underlying asset for the lease term and operating lease liabilities represent our obligation to make lease payments arising from the lease. Operating lease ROU assets and operating lease liabilities are recognized at the commencement date based on the present value of lease payments over the lease term. As most of our leases do not provide an implicit rate, we use our incremental borrowing rate based on the information available at commencement date in determining the present value of lease payments. We use the implicit rate when readily determinable. The operating lease ROU asset also includes any lease payments made and excludes lease incentives. Our lease terms may include options to extend or terminate the lease when it is reasonably certain that we will exercise that option. Lease expense is recognized on a straight-line basis over the lease term. Under the available practical expedient, we account for the lease and non-lease components as a single lease component. </div> <div style="text-align: justify;"> </div>

2966000

3101000

135000

Revenue Recognition Policy: The Company generates revenue from sales of its audio and video conferencing equipment to distributors, system integrators and value-added resellers. The Company also generates revenue, to a much lesser extent, from sale of software and licenses to distributors, system integrators, value-added resellers and end-users. The Company recognizes revenue when it satisfies a performance obligation in an amount reflecting the consideration to which it expects to be entitled. For sales agreements, the Company has identified the promise to transfer products, each of which are distinct, to be the performance obligation. The Company applies a five-step approach in determining the amount and timing of revenue to be recognized: (1) identifying the contract with a customer, (2) identifying the performance obligations in the contract, (3) determining the transaction price, (4) allocating the transaction price to the performance obligations in the contract and (5) recognizing revenue when the performance obligation is satisfied. Substantially all of the Company’s revenue is recognized at the time control of the products transfers to the customer. Sales agreements with customers are renewable periodically and contain terms and conditions with respect to payment, delivery, warranty and supply, but typically do not require mandatory purchase commitments. In the absence of a sales agreement, the Company’s standard terms and conditions at the time of acceptance of purchase orders apply. The Company considers the customer purchase orders, governed by sales agreements or the Company’s standard terms and conditions, to be the contract with the customer. The Company evaluates certain factors including the customer’s ability to pay (or credit risk). In determining the transaction price, the Company evaluates whether the price is subject to refund or adjustment to determine the net consideration to which the Company expects to be entitled. Sales to distributors, are typically made pursuant to agreements that provide return rights with respect to discontinued or slow-moving products, referred to as stock rotation. Sales to distributors can also be subject to price adjustment on certain products, primarily for distributors with drop-shipping rights. Although payment terms vary, most distributor agreements require payment within 45 days of invoicing. <span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; line-height: inherit;">The Company recognizes revenue when it satisfies a performance obligation. The Company recognizes revenue from sales agreements upon transferring control of a product to the customer. This typically occurs when products are shipped or delivered, depending on the delivery terms, or when products that are consigned at customer locations are sold to dealers or end users. Revenue recognized during the twelve months ended December 31, 2021<span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; line-height: inherit;"> for equipment sales was $28,792<span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; line-height: inherit;">, and for software, licenses, etc. was $175<span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; line-height: inherit;">. Sales returns and allowances are estimated based on historical experience. Provisions for discounts and rebates to customers, estimated returns and allowances, ship and credit claims and other adjustments are provided for in the same period the related revenues are recognized, and are netted against revenues. For returns, the Company recognizes a related asset for the right to recover returned products with a corresponding reduction to cost of goods sold. The Company reviews warranty and related claims activity and records provisions, as necessary. <p style="margin: 0px; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; line-height: 1;">Frequently, the Company receives orders with multiple delivery dates that may extend across reporting periods. Since each delivery constitutes a performance obligation, the Company allocates the transaction price of the contract to each performance obligation based on the stand-alone selling price of the products. The Company invoices the customer for each delivery upon shipment and recognizes revenues in accordance with delivery terms. Although payment terms vary, distributors typically pay within 45 days of invoicing and dealers pay within 30 days of invoicing. As scheduled delivery dates are within one year, revenue allocated to future shipments of partially completed contracts are not disclosed. <p style="margin: 0px; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;"> <p style="margin: 0px; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; line-height: 1;">The Company has elected to record freight and handling costs associated with outbound freight after control over a product has transferred to a customer as a fulfillment cost and include it in cost of revenues. Taxes assessed by government authorities on revenue-producing transactions, including value-added and excise taxes, are presented on a net basis (excluded from revenues) in the consolidated statements of operations and comprehensive income (loss). <p style="margin: 0px; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;"> <p style="margin: 0px; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;">The details of deferred revenue and associated cost of goods sold and gross profit are as follows: <p style="margin: 0px; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;"> <table cellpadding="0" style="height: 56px; border-collapse: collapse; margin: 0px 0px 0px 0.1px; font-family: 'times new roman'; font-size: 10pt; text-indent: 0px; width: 100%;" width="100%"> <tbody style="margin: 0px; text-indent: 0px;"> <tr style="margin: 0px; text-indent: 0px; height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> <td colspan="6" style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px; border-bottom: 1px solid #000000;"> As of December 31, </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> </tr> <tr style="margin: 0px; text-indent: 0px; height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> <td colspan="2" style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px; border-bottom: 1px solid #000000;"> 2021 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px;"> </td> <td colspan="2" style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px; border-bottom: 1px solid #000000;"> 2020 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> </tr> <tr style="margin: 0px; text-indent: 0px; background-color: #cceeff; height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 16px; width: 68%;"> Deferred revenue </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 16px; border-bottom-width: 1px; width: 1%;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 16px; border-bottom-width: 1px; width: 13%;"> 54 </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 16px; border-bottom-width: 1px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 16px; border-bottom-width: 1px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 16px; border-bottom-width: 1px; width: 1%;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 16px; border-bottom-width: 1px; width: 13%;"> 123 </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 16px; width: 1%;"> </td> </tr> <tr style="margin: 0px; text-indent: 0px; height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> Deferred cost of goods sold </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> — </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> — </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> </tr> <tr style="margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"> Deferred gross profit </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"> </td> <td style="padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"> $ </td> <td style="padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"> 54 </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"> </td> <td style="padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"> $ </td> <td style="padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"> 123 </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"> </td> </tr> </tbody> </table> <p style="margin: 0px; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;"> <div style="margin: 0px; text-indent: 0px;"> <div id="t_ft_XFY738358G00000000000000000000b"> </div> </div> The Company offers rebates and market development funds to certain of its distributors, dealers/resellers, and end-users based upon the volume of product purchased by them. The Company records rebates as a reduction of revenue in accordance with GAAP. The Company provides, at its discretion, advance replacement units to end-users on defective units of certain products under warranty. Since the purpose of these units is not revenue generating, the Company tracks the units due from the end-user, until the defective unit has been returned. Any amount due from the customer upon failure to return the products is accounted as receivable only after establishing customer's failure to return the products. The inventory due from the customer is accounted at cost or market value whichever is lower. The following table disaggregates the Company’s revenue into primary product groups: <div style="border-right: none; border-left: none;"> <table cellpadding="0" style="height: 103px; border-collapse: collapse; margin: 0px 0px 0px 0.1px; font-family: 'times new roman'; font-size: 10pt; text-indent: 0px; width: 85%; margin-left: 0.1px;" width="85%"> <tbody style="margin: 0px; text-indent: 0px;"> <tr style="height: 18px;"> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px;"> </td> <td colspan="6" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px; text-align: center;">Year Ended December 31</td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px;"> </td> </tr> <tr style="margin: 0px; text-indent: 0px; height: 19px;"> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"> </td> <td colspan="2" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"> 2021 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"> </td> <td colspan="2" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"> 2020 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"> </td> </tr> <tr style="margin: 0px; text-indent: 0px; background-color: #cceeff; height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 16px; width: 60%;"> Audio Conferencing </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 16px; width: 1%;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 16px; width: 17%;"> 11,568 </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 16px; width: 1%;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 16px; width: 17%;"> 10,926 </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 16px; width: 1%;"> </td> </tr> <tr style="margin: 0px; text-indent: 0px; height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 16px;"> Microphones </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 16px;"> 10,963 </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 16px;"> 9,149 </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 16px;"> </td> </tr> <tr style="margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"> Video products </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"> 6,436 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"> 8,994 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"> </td> </tr> <tr style="margin: 0px; text-indent: 0px; height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 0.4pt; margin: 0px; text-indent: 0px; height: 17px; vertical-align: bottom;"> $ </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 0.4pt; margin: 0px; text-indent: 0px; height: 17px; vertical-align: bottom;"> 28,967 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 0.4pt; margin: 0px; text-indent: 0px; height: 17px; vertical-align: bottom;"> $ </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 0.4pt; margin: 0px; text-indent: 0px; height: 17px; vertical-align: bottom;"> 29,069 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"> </td> </tr> </tbody> </table> </div> The following table disaggregates the Company’s revenue into major regions: <div style="border-right: none; border-left: none;"> <table cellpadding="0" style="height: 80px; border-collapse: collapse; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt; width: 85%;" width="85%"> <tbody> <tr style="height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px;"> </td> <td colspan="6" style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000;"> Year Ended December 31, </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px;"> </td> </tr> <tr style="height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px;"> </td> <td colspan="2" style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000;"> 2021 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px;"> </td> <td colspan="2" style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000;"> 2020 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px;"> </td> </tr> <tr style="background-color: #cceeff; height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 60%;"> North and South America </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 17%;"> 14,042 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 17%;"> 18,320 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> </tr> <tr style="height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> Asia (including Middle East) and Australia </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> 8,197 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> 5,998 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> </tr> <tr style="background-color: #cceeff; height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"> Europe and Africa </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"> 6,728 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"> 4,751 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"> </td> </tr> <tr style="height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; border-top: 1px solid #000000; border-bottom: 2.8pt double #000000;"> $ </td> <td style="padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; border-top: 1px solid #000000; border-bottom: 2.8pt double #000000;"> 28,967 </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; border-top: 1px solid #000000; border-bottom: 2.8pt double #000000;"> $ </td> <td style="padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; border-top: 1px solid #000000; border-bottom: 2.8pt double #000000;"> 29,069 </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; height: 10px;"> </td> </tr> </tbody> </table> Warranty Costs – The Company accrues for warranty costs based on estimated warranty return rates and estimated costs to repair. These reserve costs are classified as accrued liabilities on the consolidated balance sheets. Factors that affect the Company’s warranty liability include the number of units sold, historical and anticipated rates of warranty returns, and repair cost. The Company reviews the adequacy of its recorded warranty accrual on a quarterly basis. The details of changes in the Company’s warranty accrual are as follows: <table cellpadding="0" style="height: 93px; border-collapse: collapse; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt; width: 85%;" width="85%"> <tbody> <tr style="height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px;"> </td> <td colspan="6" style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000;"> Year Ended December 31, </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px;"> </td> </tr> <tr style="height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px;"> </td> <td colspan="2" style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000;"> 2021 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px;"> </td> <td colspan="2" style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000;"> 2020 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px;"> </td> </tr> <tr style="background-color: #cceeff; height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 60%;"> Balance at the beginning of year </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 17%;"> 194 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 17%;"> 194 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> Accruals/additions </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> — </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> 119 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> </tr> <tr style="background-color: #cceeff; height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> Usage/claims </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> — </td> <td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"/> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> (119 </td> <td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td> </tr> <tr style="height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> Balance at end of year </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"> $ </td> <td style="padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"> 194 </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"> $ </td> <td style="padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"> 194 </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; height: 10px;"> </td> </tr> </tbody> </table> <p style="margin: 0pt 7.2pt; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;"> </div> <div> <div id="t_ft_3SXD5GOSSG00000000000000000000b"> </div> </div> Advertising – The Company expenses advertising costs as incurred. Advertising costs consist of trade shows, magazine advertisements, and other forms of media. Advertising expenses for the years ended December 31, 2021 and 2020 totaled $508 and $440, respectively, and are included in sales and marketing on the consolidated statements of operations and comprehensive income (loss).

P45D

28792000

175000

P45D P30D P1Y <table cellpadding="0" style="height: 56px; border-collapse: collapse; margin: 0px 0px 0px 0.1px; font-family: 'times new roman'; font-size: 10pt; text-indent: 0px; width: 100%;" width="100%"> <tbody style="margin: 0px; text-indent: 0px;"> <tr style="margin: 0px; text-indent: 0px; height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> <td colspan="6" style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px; border-bottom: 1px solid #000000;"> As of December 31, </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> </tr> <tr style="margin: 0px; text-indent: 0px; height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> <td colspan="2" style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px; border-bottom: 1px solid #000000;"> 2021 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px;"> </td> <td colspan="2" style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px; border-bottom: 1px solid #000000;"> 2020 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> </tr> <tr style="margin: 0px; text-indent: 0px; background-color: #cceeff; height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 16px; width: 68%;"> Deferred revenue </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 16px; border-bottom-width: 1px; width: 1%;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 16px; border-bottom-width: 1px; width: 13%;"> 54 </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 16px; border-bottom-width: 1px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 16px; border-bottom-width: 1px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 16px; border-bottom-width: 1px; width: 1%;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 16px; border-bottom-width: 1px; width: 13%;"> 123 </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 16px; width: 1%;"> </td> </tr> <tr style="margin: 0px; text-indent: 0px; height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> Deferred cost of goods sold </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> — </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> — </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"> </td> </tr> <tr style="margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"> Deferred gross profit </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"> </td> <td style="padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"> $ </td> <td style="padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"> 54 </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"> </td> <td style="padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"> $ </td> <td style="padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"> 123 </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"> </td> </tr> </tbody> </table>

54000

123000

54000 123000

<div style="border-right: none; border-left: none;"> <table cellpadding="0" style="height: 103px; border-collapse: collapse; margin: 0px 0px 0px 0.1px; font-family: 'times new roman'; font-size: 10pt; text-indent: 0px; width: 85%; margin-left: 0.1px;" width="85%"> <tbody style="margin: 0px; text-indent: 0px;"> <tr style="height: 18px;"> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px;"> </td> <td colspan="6" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px; text-align: center;">Year Ended December 31</td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 18px;"> </td> </tr> <tr style="margin: 0px; text-indent: 0px; height: 19px;"> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"> </td> <td colspan="2" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"> 2021 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"> </td> <td colspan="2" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"> 2020 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 19px;"> </td> </tr> <tr style="margin: 0px; text-indent: 0px; background-color: #cceeff; height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 16px; width: 60%;"> Audio Conferencing </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 16px; width: 1%;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 16px; width: 17%;"> 11,568 </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 16px; width: 1%;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 16px; width: 17%;"> 10,926 </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 16px; width: 1%;"> </td> </tr> <tr style="margin: 0px; text-indent: 0px; height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 16px;"> Microphones </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 16px;"> 10,963 </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 16px;"> 9,149 </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 16px;"> </td> </tr> <tr style="margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"> Video products </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"> 6,436 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"> 8,994 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"> </td> </tr> <tr style="margin: 0px; text-indent: 0px; height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 0.4pt; margin: 0px; text-indent: 0px; height: 17px; vertical-align: bottom;"> $ </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 0.4pt; margin: 0px; text-indent: 0px; height: 17px; vertical-align: bottom;"> 28,967 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 0.4pt; margin: 0px; text-indent: 0px; height: 17px; vertical-align: bottom;"> $ </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 0.4pt; margin: 0px; text-indent: 0px; height: 17px; vertical-align: bottom;"> 29,069 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"> </td> </tr> </tbody> </table> </div> <table cellpadding="0" style="height: 80px; border-collapse: collapse; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt; width: 85%;" width="85%"> <tbody> <tr style="height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px;"> </td> <td colspan="6" style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000;"> Year Ended December 31, </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px;"> </td> </tr> <tr style="height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px;"> </td> <td colspan="2" style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000;"> 2021 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px;"> </td> <td colspan="2" style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000;"> 2020 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px;"> </td> </tr> <tr style="background-color: #cceeff; height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 60%;"> North and South America </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 17%;"> 14,042 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 17%;"> 18,320 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> </tr> <tr style="height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> Asia (including Middle East) and Australia </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> 8,197 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> 5,998 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> </tr> <tr style="background-color: #cceeff; height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"> Europe and Africa </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"> 6,728 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"> 4,751 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"> </td> </tr> <tr style="height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; border-top: 1px solid #000000; border-bottom: 2.8pt double #000000;"> $ </td> <td style="padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; border-top: 1px solid #000000; border-bottom: 2.8pt double #000000;"> 28,967 </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; border-top: 1px solid #000000; border-bottom: 2.8pt double #000000;"> $ </td> <td style="padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; border-top: 1px solid #000000; border-bottom: 2.8pt double #000000;"> 29,069 </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; height: 10px;"> </td> </tr> </tbody> </table>

11568000

10926000

10963000

9149000

6436000

8994000

28967000

29069000

14042000

18320000

8197000

5998000

6728000

4751000

28967000

29069000

Warranty Costs – The Company accrues for warranty costs based on estimated warranty return rates and estimated costs to repair. These reserve costs are classified as accrued liabilities on the consolidated balance sheets. Factors that affect the Company’s warranty liability include the number of units sold, historical and anticipated rates of warranty returns, and repair cost. The Company reviews the adequacy of its recorded warranty accrual on a quarterly basis. The details of changes in the Company’s warranty accrual are as follows: <table cellpadding="0" style="height: 93px; border-collapse: collapse; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt; width: 85%;" width="85%"> <tbody> <tr style="height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px;"> </td> <td colspan="6" style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000;"> Year Ended December 31, </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px;"> </td> </tr> <tr style="height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px;"> </td> <td colspan="2" style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000;"> 2021 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px;"> </td> <td colspan="2" style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000;"> 2020 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px;"> </td> </tr> <tr style="background-color: #cceeff; height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 60%;"> Balance at the beginning of year </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 17%;"> 194 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 17%;"> 194 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> Accruals/additions </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> — </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> 119 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> </tr> <tr style="background-color: #cceeff; height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> Usage/claims </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> — </td> <td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"/> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> (119 </td> <td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td> </tr> <tr style="height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> Balance at end of year </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"> $ </td> <td style="padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"> 194 </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"> $ </td> <td style="padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"> 194 </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; height: 10px;"> </td> </tr> </tbody> </table>

<table cellpadding="0" style="height: 93px; border-collapse: collapse; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt; width: 85%;" width="85%"> <tbody> <tr style="height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px;"> </td> <td colspan="6" style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000;"> Year Ended December 31, </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px;"> </td> </tr> <tr style="height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px;"> </td> <td colspan="2" style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000;"> 2021 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px;"> </td> <td colspan="2" style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000;"> 2020 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px;"> </td> </tr> <tr style="background-color: #cceeff; height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 60%;"> Balance at the beginning of year </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 17%;"> 194 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 17%;"> 194 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> Accruals/additions </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> — </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> 119 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> </tr> <tr style="background-color: #cceeff; height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> Usage/claims </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> — </td> <td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"/> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> (119 </td> <td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;">)</td> </tr> <tr style="height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> Balance at end of year </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"> $ </td> <td style="padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"> 194 </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"> $ </td> <td style="padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"> 194 </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; height: 10px;"> </td> </tr> </tbody> </table>

194000

119000

194000

508000

440000

Income Taxes – The Company uses the asset and liability method of accounting for income taxes. Under the asset and liability method, deferred tax assets and liabilities are recognized for the future tax consequences attributable to temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases, and operating loss and tax credit carry-forwards. These temporary differences will result in deductible or taxable amounts in future years when the reported amounts of the assets or liabilities are recovered or settled. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. A valuation allowance is provided when it is more likely than not that some or all of the deferred tax assets may not be realized. On a quarterly basis, the Company tests the value of deferred tax assets for impairment at the taxpaying-component level within each tax jurisdiction. Significant judgment and estimates are required in determining whether valuation allowances should be established as well as the amount of such allowances. <div style="position: relative; cursor: pointer; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"> The valuation allowance is based on our estimates of future taxable income and the period over which we expect the deferred tax assets to be recovered. Our assessment of future taxable income is based on historical experience and current and anticipated market and economic conditions and trends. In 2018, as a result of negative evidence, principally three years of cumulative pre-tax operating losses, we concluded that it was more likely than not that net operating losses, tax credits and other deferred tax assets were not realizable and therefore, we recorded a full valuation allowance against those net deferred tax assets. Adjustments to the valuation allowance increase or decrease the Company’s income tax provision or benefit. As of December 31, 2021 the Company had no net deferred tax assets due to valuation allowances recorded to account for the consecutive quarters with losses before taxes. Recent changes: There were no changes that had <span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-size: 10pt;">a<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-size: 10pt;"> <span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman'; font-size: 10pt;">material impact on the Company's consolidated financial position, results of operations or cash flows. </div> <p style="margin: 0px; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;"> Earnings Per Share – The following table sets forth the computation of basic and diluted loss per common share: <table cellpadding="0" style="height: 210px; border-collapse: collapse; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"> <tbody> <tr style="height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px;"> </td> <td colspan="6" style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000;"> Year Ended December 31, </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px;"> </td> <td style="vertical-align: top; height: 17px;"/> </tr> <tr style="height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px;"> </td> <td colspan="2" style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000;"> 2021 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px;"> </td> <td colspan="2" style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000;"> 2020 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px;"> </td> <td style="vertical-align: top; height: 17px;"/> </tr> <tr style="background-color: #cceeff; height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 59%;"> Numerator: </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 17%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 17%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="vertical-align: top; background-color: #cceeff; height: 16px; width: 1%;"/> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> Net income (loss) </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> (7,694 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;">)</td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> 505 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"/> <td style="vertical-align: top; height: 16px;"/> </tr> <tr style="background-color: #cceeff; height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> Denominator: </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> </td> <td style="vertical-align: top; background-color: #cceeff; height: 16px;"/> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> Basic weighted average shares </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> 19,859,817 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> 17,271,629 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="vertical-align: top; height: 16px;"/> </tr> <tr style="background-color: #cceeff; height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> Dilutive common stock equivalents using treasury stock method </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> — </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> 53,722 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="vertical-align: top; background-color: #cceeff; height: 17px;"/> </tr> <tr style="height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> Diluted weighted average shares </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"> </td> <td style="padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"> 19,859,817 </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"> </td> <td style="padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"> 17,325,351 </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; height: 10px;"> </td> <td style="vertical-align: top; height: 10px;"/> </tr> <tr style="background-color: #cceeff; height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="vertical-align: top; background-color: #cceeff; height: 17px;"/> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> Basic income (loss) per common share: </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> (0.39 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;">)</td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> 0.03 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"/> <td style="vertical-align: bottom; height: 16px;"> </td> </tr> <tr style="background-color: #cceeff; height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> Diluted income (loss) per common share: </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> (0.39 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;">)</td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> 0.03 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"/> <td style="vertical-align: bottom; background-color: #cceeff; height: 16px;"> </td> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="vertical-align: bottom; height: 16px;"> </td> </tr> <tr style="background-color: #cceeff; height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"> Weighted average options, warrants and convertible portion of senior convertible notes outstanding </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"> 4,654,601 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"> 2,611,574 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"> </td> <td style="vertical-align: bottom; background-color: #cceeff; height: 10px;"> </td> </tr> <tr style="height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> Anti-dilutive options, warrants and convertible portion of senior convertible notes not included in the computation </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> 4,654,601 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> 3,323,272 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td style="vertical-align: bottom; height: 10px;"> </td> </tr> </tbody> </table> <div> <div id="t_ft_RSHYIMHLSG00000000000000000000b"> </div> </div>

P3Y

Earnings Per Share – The following table sets forth the computation of basic and diluted loss per common share: <table cellpadding="0" style="height: 210px; border-collapse: collapse; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"> <tbody> <tr style="height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px;"> </td> <td colspan="6" style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000;"> Year Ended December 31, </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px;"> </td> <td style="vertical-align: top; height: 17px;"/> </tr> <tr style="height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px;"> </td> <td colspan="2" style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000;"> 2021 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px;"> </td> <td colspan="2" style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000;"> 2020 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px;"> </td> <td style="vertical-align: top; height: 17px;"/> </tr> <tr style="background-color: #cceeff; height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 59%;"> Numerator: </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 17%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 17%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="vertical-align: top; background-color: #cceeff; height: 16px; width: 1%;"/> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> Net income (loss) </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> (7,694 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;">)</td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> 505 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"/> <td style="vertical-align: top; height: 16px;"/> </tr> <tr style="background-color: #cceeff; height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> Denominator: </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> </td> <td style="vertical-align: top; background-color: #cceeff; height: 16px;"/> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> Basic weighted average shares </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> 19,859,817 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> 17,271,629 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="vertical-align: top; height: 16px;"/> </tr> <tr style="background-color: #cceeff; height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> Dilutive common stock equivalents using treasury stock method </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> — </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> 53,722 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="vertical-align: top; background-color: #cceeff; height: 17px;"/> </tr> <tr style="height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> Diluted weighted average shares </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"> </td> <td style="padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"> 19,859,817 </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"> </td> <td style="padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"> 17,325,351 </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; height: 10px;"> </td> <td style="vertical-align: top; height: 10px;"/> </tr> <tr style="background-color: #cceeff; height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="vertical-align: top; background-color: #cceeff; height: 17px;"/> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> Basic income (loss) per common share: </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> (0.39 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;">)</td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> 0.03 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"/> <td style="vertical-align: bottom; height: 16px;"> </td> </tr> <tr style="background-color: #cceeff; height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> Diluted income (loss) per common share: </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> (0.39 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;">)</td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> 0.03 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"/> <td style="vertical-align: bottom; background-color: #cceeff; height: 16px;"> </td> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="vertical-align: bottom; height: 16px;"> </td> </tr> <tr style="background-color: #cceeff; height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"> Weighted average options, warrants and convertible portion of senior convertible notes outstanding </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"> 4,654,601 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"> 2,611,574 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"> </td> <td style="vertical-align: bottom; background-color: #cceeff; height: 10px;"> </td> </tr> <tr style="height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> Anti-dilutive options, warrants and convertible portion of senior convertible notes not included in the computation </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> 4,654,601 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> 3,323,272 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td style="vertical-align: bottom; height: 10px;"> </td> </tr> </tbody> </table>

<table cellpadding="0" style="height: 210px; border-collapse: collapse; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"> <tbody> <tr style="height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px;"> </td> <td colspan="6" style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000;"> Year Ended December 31, </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px;"> </td> <td style="vertical-align: top; height: 17px;"/> </tr> <tr style="height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px;"> </td> <td colspan="2" style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000;"> 2021 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px;"> </td> <td colspan="2" style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000;"> 2020 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px;"> </td> <td style="vertical-align: top; height: 17px;"/> </tr> <tr style="background-color: #cceeff; height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 59%;"> Numerator: </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 17%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 17%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="vertical-align: top; background-color: #cceeff; height: 16px; width: 1%;"/> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> Net income (loss) </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> (7,694 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;">)</td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> 505 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"/> <td style="vertical-align: top; height: 16px;"/> </tr> <tr style="background-color: #cceeff; height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> Denominator: </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> </td> <td style="vertical-align: top; background-color: #cceeff; height: 16px;"/> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> Basic weighted average shares </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> 19,859,817 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> 17,271,629 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="vertical-align: top; height: 16px;"/> </tr> <tr style="background-color: #cceeff; height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> Dilutive common stock equivalents using treasury stock method </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> — </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> 53,722 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="vertical-align: top; background-color: #cceeff; height: 17px;"/> </tr> <tr style="height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> Diluted weighted average shares </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"> </td> <td style="padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"> 19,859,817 </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"> </td> <td style="padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000;"> 17,325,351 </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; height: 10px;"> </td> <td style="vertical-align: top; height: 10px;"/> </tr> <tr style="background-color: #cceeff; height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"> </td> <td style="vertical-align: top; background-color: #cceeff; height: 17px;"/> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> Basic income (loss) per common share: </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> (0.39 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;">)</td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> 0.03 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"/> <td style="vertical-align: bottom; height: 16px;"> </td> </tr> <tr style="background-color: #cceeff; height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> Diluted income (loss) per common share: </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> (0.39 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;">)</td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> 0.03 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"/> <td style="vertical-align: bottom; background-color: #cceeff; height: 16px;"> </td> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="vertical-align: bottom; height: 16px;"> </td> </tr> <tr style="background-color: #cceeff; height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"> Weighted average options, warrants and convertible portion of senior convertible notes outstanding </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"> 4,654,601 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"> 2,611,574 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"> </td> <td style="vertical-align: bottom; background-color: #cceeff; height: 10px;"> </td> </tr> <tr style="height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> Anti-dilutive options, warrants and convertible portion of senior convertible notes not included in the computation </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> 4,654,601 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> 3,323,272 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td style="vertical-align: bottom; height: 10px;"> </td> </tr> </tbody> </table>

-7694000

505000

19859817

17271629

53722

19859817

17325351

-0.39

0.03

-0.39

0.03

4654601

2611574

4654601

3323272

<div style="font-family: 'times new roman', times; font-size: 10pt;"> <div> <div style="border-left: none; border-right: none;"> <div style="font-family: 'times new roman', times; font-size: 10pt;"> Other recent accounting pronouncements: The Company has determined that other recently issued accounting standards will not have a material impact on its consolidated financial position, results of operations or cash flows. </div> </div> </div> </div> <div style="font-family: 'times new roman', times; font-size: 10pt;"> <div> <div style="border-left: none; border-right: none;"> <div style="font-family: 'times new roman', times; font-size: 10pt;"> <p style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin: 0px; text-align: justify; line-height: 1;">As of December 31, 2021, cash and cash equivalents were approximately $1,071 compared to $3,803 as of December 31, 2020. Our working capital was $17,969 as of December 31, 2021 compared to $22,185 as of December 31, 2020. Net cash used in operating activities was $4,394 for the twelve months ended December 31, 2021, a decrease of cash used of $3,412 from $982 of cash used in operating activities in the twelve months ended December 31, 2020. <p style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin: 0px; text-align: justify; line-height: 1;"> The Company is currently pursuing all available legal remedies to defend its strategic patents from infringement. The Company has already spent approximately $28,156 from 2016 through 2021 towards this litigation and may be required to spend more to continue its legal defense. The Company has been actively engaged in preserving cash by suspending its dividend program, allowing the share repurchase program to expire in 2018 and implementing company-wide cost reduction measures. The Company has also raised additional capital in 2019 by issuing senior convertible notes, in 2020 by borrowing through the CARES Act Paycheck Protection Program and issuing common stock and warrants, and in 2021 by issuing common stock and warrants and short-term notes. In addition, the Company has been generating additional cash as the Company's inventory levels are brought down to historical levels. The Company also believes that the measures taken by it will continue to yield higher revenues in the future. The Company believes, although there can be no assurance, that all of these measures and effective management of working capital will provide the liquidity needed to meet the operating needs through at least April 15, 2023. The Company also believes that its strong portfolio of intellectual property and its solid brand equity in the market will enable it to raise additional capital if and when needed to meet our short and long-term financing needs; however, there can be no assurance that, if needed, the Company will be successful in obtaining the necessary funds through equity or debt financing. If the Company needs additional capital and is unable to secure financing, it may be required to further reduce expenses, delay product development and enhancement, or revise its strategy regarding ongoing litigation. </div> </div> </div> </div>

1071000

3803000

17969000 22185000

-4394000

-3412000

-982000

28156000

<table cellpadding="0" style="border-collapse: collapse; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 186px;" width="100%"> <tbody> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 43.6391%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 0.887574%;"> </td> <td colspan="2" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 16px; width: 12%;"> Amortized cost </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 16px; width: 0.887574%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 0.887574%;"> </td> <td colspan="2" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 16px; width: 12%;"> Gross unrealized holding gains </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 16px; width: 0.887574%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 0.887574%;"> </td> <td colspan="2" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 16px; width: 12%;"> Gross unrealized holding losses </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 16px; width: 1.47929%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 0.887574%;"> </td> <td colspan="2" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 16px; width: 12%;"> Estimated fair value </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 16px; width: 0.887574%;"> </td> </tr> <tr style="background-color: #cceeff; height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 43.6391%; height: 16px;"> December 31, 2021 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 0.887574%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 11%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 0.887574%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 0.887574%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 11%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 0.887574%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 0.887574%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 11%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 1.47929%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 0.887574%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 11%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 0.887574%; height: 16px;"> </td> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 43.6391%;"> Available-for-sale securities: </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 0.887574%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 11%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 0.887574%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 0.887574%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 11%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 0.887574%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 0.887574%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 11%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.47929%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 0.887574%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 11%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 0.887574%;"> </td> </tr> <tr style="background-color: #cceeff; height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 43.6391%;"> Corporate bonds and notes </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.887574%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 11%;"> 1,434 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.887574%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.887574%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 11%;"> 8 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.887574%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.887574%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 11%;"> (2 </td> <td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.47929%;">)</td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.887574%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 11%;"> 1,440 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.887574%;"> </td> </tr> <tr style="height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 43.6391%;"> Municipal bonds </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 0.887574%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 1%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 11%;"> 1,573 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px; width: 0.887574%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 0.887574%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 1%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 11%;"> — </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px; width: 0.887574%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 0.887574%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 1%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 11%;"> (3 </td> <td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;">)</td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 0.887574%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 1%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 11%;"> 1,570 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px; width: 0.887574%;"> </td> </tr> <tr style="background-color: #cceeff; height: 19px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 43.6391%;"> Total available-for-sale securities </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 0.887574%;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1%;"> $ </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 11%;"> 3,007 </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 0.887574%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 0.887574%;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1%;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 11%;"> 8 </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 0.887574%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 0.887574%;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1%;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 11%;"> (5 </td> <td style="padding: 0px 0px 2px; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1.47929%;">)</td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 0.887574%;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 1%;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 11%;"> 3,010 </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; background-color: #cceeff; height: 19px; width: 0.887574%;"> </td> </tr> <tr style="height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 43.6391%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 0.887574%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 11%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 0.887574%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 0.887574%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 11%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 0.887574%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 0.887574%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 11%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 1.47929%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 0.887574%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 11%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 0.887574%;"> </td> </tr> <tr style="background-color: #cceeff; height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 43.6391%;"> December 31, 2020 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 0.887574%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 11%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 0.887574%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 0.887574%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 11%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 0.887574%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 0.887574%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 11%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1.47929%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 0.887574%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 11%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 0.887574%;"> </td> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 43.6391%;"> Available-for-sale securities: </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 0.887574%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 11%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 0.887574%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 0.887574%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 11%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 0.887574%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 0.887574%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 11%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.47929%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 0.887574%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 11%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 0.887574%;"> </td> </tr> <tr style="background-color: #cceeff; height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 43.6391%;"> Corporate bonds and notes </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 0.887574%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 11%;"> 1,312 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 0.887574%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 0.887574%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 11%;"> 26 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 0.887574%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 0.887574%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 11%;"> — </td> <td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1.47929%;"/> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 0.887574%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 11%;"> 1,338 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 0.887574%;"> </td> </tr> <tr style="height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 43.6391%;"> Municipal bonds </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 0.887574%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 1%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 11%;"> 1,536 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px; width: 0.887574%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 0.887574%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 1%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 11%;"> 5 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px; width: 0.887574%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 0.887574%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 1%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 11%;"> — </td> <td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.47929%;"/> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 0.887574%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 1%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 11%;"> 1,541 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px; width: 0.887574%;"> </td> </tr> <tr style="background-color: #cceeff; height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 43.6391%;"> Total available-for-sale securities </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.887574%;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"> $ </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 11%;"> 2,848 </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.887574%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.887574%;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"> $ </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 11%;"> 31 </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.887574%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.887574%;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"> $ </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 11%;"> — </td> <td style="padding: 0px 0px 2px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.47929%;"/> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.887574%;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"> $ </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 11%;"> 2,879 </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.887574%;"> </td> </tr> </tbody> </table>

1434000 8000 2000

1440000

1573000 3000

1570000

3007000 8000 5000

3010000

1312000 26000

1338000

1536000 5000

1541000

2848000 31000

2879000

<table cellpadding="0" style="border-collapse: collapse; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt; width: 80%; height: 79px;" width="80%"> <tbody> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 66.9704%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.06302%;"> </td> <td colspan="2" style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 13.9712%;"> Amortized </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 0.987092%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.97418%;"> </td> <td colspan="2" style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 13.9712%;"> Estimated </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.85185%;"> </td> </tr> <tr style="height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px; width: 66.9704%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px; width: 1.06302%;"> </td> <td colspan="2" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 10px; width: 13.9712%;"> cost </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 10px; width: 0.987092%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px; width: 1.97418%;"> </td> <td colspan="2" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 10px; width: 13.9712%;"> fair value </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 10px; width: 1.85185%;"> </td> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 66.9704%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.06302%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 0.987092%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 12.9841%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 0.987092%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.97418%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 0.987092%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 12.9841%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.85185%;"> </td> </tr> <tr style="background-color: #cceeff; height: 10px;"> <td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 66.9704%; height: 10px;"> Due within one year </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 1.06302%; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 0.987092%; height: 10px;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 12.9841%; height: 10px;"> 1,785 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 0.987092%; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 1.97418%; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 0.987092%; height: 10px;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 12.9841%; height: 10px;"> 1,791 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 1.85185%; height: 10px;"> </td> </tr> <tr style="height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 66.9704%;"> Due after one year through five years </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 1.06302%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 0.987092%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 12.9841%;"> 1,222 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px; width: 0.987092%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 1.97418%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 0.987092%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 12.9841%;"> 1,219 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px; width: 1.85185%;"> </td> </tr> <tr style="background-color: #cceeff; height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 66.9704%;"> Total available-for-sale securities </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.06302%;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.987092%;"> $ </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12.9841%;"> 3,007 </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.987092%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.97418%;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.987092%;"> $ </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12.9841%;"> 3,010 </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.85185%;"> </td> </tr> </tbody> </table>

1785000

1791000

1222000

1219000

3007000

3010000

<table cellpadding="0" style="height: 158px; border-collapse: collapse; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt; width: 90%;" width="90%"> <tbody> <tr style="height: 33px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 33px; width: 53.9619%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 33px; width: 1.00301%;"> </td> <td colspan="4" style="padding: 0.25pt; vertical-align: bottom; height: 33px; width: 14%;"> Estimated useful lives </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 33px; width: 1.00301%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 33px; width: 1.00301%;"> </td> <td colspan="6" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 33px; width: 28.006%;"> As of December 31, </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 33px; width: 0.902708%;"> </td> </tr> <tr style="height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 53.9619%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 1.00301%;"> </td> <td colspan="4" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 14%;"> (in years) </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px; width: 1.00301%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 1.00301%;"> </td> <td colspan="2" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 13%;"> 2021 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px; width: 1.00301%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 1.00301%;"> </td> <td colspan="2" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 13%;"> 2020 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px; width: 0.902708%;"> </td> </tr> <tr style="height: 16px; background-color: #cceeff;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 53.9619%;"> Tradename </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1.00301%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 4%;"> 5 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 4.11111%;"> to </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 4.88889%;"> 7 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1.00301%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1.00301%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1%;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 12%;"> 555 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1.00301%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1.00301%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1%;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 12%;"> 555 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 0.902708%;"> </td> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 53.9619%;"> Patents and technological know-how </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.00301%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 4%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 4.11111%;"> 10 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 4.88889%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.00301%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.00301%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 12%;"> 33,553 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.00301%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.00301%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 12%;"> 25,427 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 0.902708%;"> </td> </tr> <tr style="height: 16px; background-color: #cceeff;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 53.9619%;"> Proprietary software </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1.00301%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 4%;"> 3 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 4.11111%;"> to </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 4.88889%;"> 15 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1.00301%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1.00301%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 12%;"> 2,981 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1.00301%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1.00301%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 12%;"> 2,981 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 0.902708%;"> </td> </tr> <tr style="height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 53.9619%;"> Other </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 1.00301%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 4%;"> 3 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 4.11111%;"> to </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 4.88889%;"> 5 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px; width: 1.00301%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 1.00301%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 1%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 12%;"> 323 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px; width: 1.00301%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 1.00301%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 1%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 12%;"> 323 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px; width: 0.902708%;"> </td> </tr> <tr style="height: 16px; background-color: #cceeff;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 53.9619%;"> Total intangible assets, gross </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1.00301%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 4%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 4.11111%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 4.88889%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1.00301%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1.00301%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 12%;"> 37,412 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1.00301%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1.00301%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 12%;"> 29,286 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 0.902708%;"> </td> </tr> <tr style="height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 53.9619%;"> Accumulated amortization </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 1.00301%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 4%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 4.11111%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 4.88889%;"> </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px; width: 1.00301%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 1.00301%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 1%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 12%;"> (12,326 </td> <td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.00301%;">)</td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 1.00301%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 1%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 12%;"> (10,038 </td> <td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.902708%;"> ) </td> </tr> <tr style="height: 10px; background-color: #cceeff;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 53.9619%;"> Total intangible assets, net </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.00301%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.11111%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 4.88889%;"> </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.00301%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.00301%;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1%;"> $ </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 12%;"> 25,086 </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.00301%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.00301%;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1%;"> $ </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 12%;"> 19,248 </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.902708%;"> </td> </tr> </tbody> </table>

P5Y

P7Y

555000

P10Y

33553000

25427000

P3Y

P15Y

2981000

P3Y

P5Y

323000

37412000

29286000

12326000

10038000

25086000

19248000

22637000 2

2288000

1694000

<table cellpadding="0" style="border-collapse: collapse; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt; width: 85%; height: 134px;" width="85%"> <tbody> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> Years ending December 31, </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> </tr> <tr style="background-color: #cceeff; height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; width: 84%; background-color: #cceeff; height: 16px;"> 2022 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 13%; background-color: #cceeff; height: 16px;"> 2,683 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> 2023 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> 2,677 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> </tr> <tr style="background-color: #cceeff; height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> 2024 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> 2,413 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> </td> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> 2025 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> 2,351 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> </tr> <tr style="background-color: #cceeff; height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> 2026 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> 2,351 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px;"> </td> </tr> <tr style="height: 18px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 18px;"> Thereafter </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 18px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 18px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 18px;"> 12,611 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 18px;"> </td> </tr> <tr style="background-color: #cceeff; height: 20px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 20px;"> Total </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 20px;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; background-color: #cceeff; height: 20px;"> $ </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; background-color: #cceeff; height: 20px;"> 25,086 </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; background-color: #cceeff; height: 20px;"> </td> </tr> </tbody> </table>

2683000

2677000

2413000

2351000

12611000

25086000

<table cellpadding="0" style="height: 171px; border-collapse: collapse; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt; width: 85%;" width="85%"> <tbody> <tr style="height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 66.2139%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 1.01868%;"> </td> <td colspan="6" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 32.258%;"> As of December 31, </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px; width: 1.01868%;"> </td> </tr> <tr style="height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 66.2139%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 1.01868%;"> </td> <td colspan="2" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 14.2614%;"> 2021 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px; width: 1.69779%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 1.86757%;"> </td> <td colspan="2" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 14.4312%;"> 2020 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px; width: 1.01868%;"> </td> </tr> <tr style="height: 16px; background-color: #cceeff;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 66.2139%;"> Current: </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1.01868%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1.35823%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 12.9032%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1.69779%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1.86757%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1.52801%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 12.9032%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1.01868%;"> </td> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 66.2139%;"> Raw materials </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.01868%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.35823%;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 12.9032%;"> 4,085 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.69779%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.86757%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.52801%;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 12.9032%;"> 1,182 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.01868%;"> </td> </tr> <tr style="height: 17px; background-color: #cceeff;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 66.2139%;"> Finished goods </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.01868%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.35823%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.9032%;"> 5,948 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.69779%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.86757%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.52801%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.9032%;"> 9,281 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.01868%;"> </td> </tr> <tr style="height: 19px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 19px; width: 66.2139%;"> Total </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 19px; width: 1.01868%;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 19px; width: 1.35823%;"> $ </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 19px; width: 12.9032%;"> 10,033 </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; height: 19px; width: 1.69779%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 19px; width: 1.86757%;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 19px; width: 1.52801%;"> $ </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 19px; width: 12.9032%;"> 10,463 </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; height: 19px; width: 1.01868%;"> </td> </tr> <tr style="height: 17px; background-color: #cceeff;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 66.2139%;"> Long-term: </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.01868%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.35823%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.9032%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.69779%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.86757%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.52801%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.9032%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.01868%;"> </td> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 66.2139%;"> Raw materials </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.01868%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.35823%;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 12.9032%;"> 1,980 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.69779%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.86757%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.52801%;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 12.9032%;"> 1,977 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.01868%;"> </td> </tr> <tr style="height: 17px; background-color: #cceeff;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 66.2139%;"> Finished goods </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.01868%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.35823%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.9032%;"> 1,587 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.69779%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.86757%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.52801%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 12.9032%;"> 2,613 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.01868%;"> </td> </tr> <tr style="height: 19px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 19px; width: 66.2139%;"> Total </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 19px; width: 1.01868%;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 19px; width: 1.35823%;"> $ </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 19px; width: 12.9032%;"> 3,567 </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; height: 19px; width: 1.69779%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 19px; width: 1.86757%;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 19px; width: 1.52801%;"> $ </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 19px; width: 12.9032%;"> 4,590 </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; height: 19px; width: 1.01868%;"> </td> </tr> </tbody> </table>

4085000

1182000

5948000

9281000

10033000

10463000

1980000 1977000 1587000 2613000

3567000

4590000

850000

1517000

5. Property and Equipment Major classifications of property and equipment and estimated useful lives were as follows: <table cellpadding="0" style="height: 131px; border-collapse: collapse; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt; width: 90%;" width="90%"> <tbody> <tr style="height: 18px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 18px; width: 54.2536%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 18px; width: 0.963082%;"> </td> <td colspan="4" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.75pt; height: 18px; width: 14%; vertical-align: bottom;"> Estimated useful lives </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 18px; width: 0.963082%;"> </td> <td colspan="6" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 18px; width: 28.5682%;"> As of December 31, </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 18px; width: 0.963082%;"> </td> </tr> <tr style="height: 18px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 18px; width: 54.2536%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 18px; width: 0.963082%;"> </td> <td colspan="4" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.75pt; height: 18px; width: 14%; vertical-align: bottom;"> in years </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 18px; width: 0.963082%;"> </td> <td colspan="2" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 18px; width: 13%;"> 2021 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 18px; width: 1.60514%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 18px; width: 0.963082%;"> </td> <td colspan="2" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 18px; width: 13%;"> 2020 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 18px; width: 0.963082%;"> </td> </tr> <tr style="background-color: #cceeff; height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; width: 54.2536%; background-color: #cceeff; height: 10px;"> Office furniture and equipment </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 0.963082%; background-color: #cceeff; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 4%; background-color: #cceeff; height: 10px;"> 3 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 3%; background-color: #cceeff; height: 10px;"> to </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 6%; background-color: #cceeff; height: 10px;"> 10 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 0.963082%; background-color: #cceeff; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 10px;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 12%; background-color: #cceeff; height: 10px;"> 5,410 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.60514%; background-color: #cceeff; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 0.963082%; background-color: #cceeff; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 10px;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 12%; background-color: #cceeff; height: 10px;"> 5,219 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 0.963082%; background-color: #cceeff; height: 10px;"> </td> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 54.2536%;"> Leasehold improvements </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 0.963082%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 4%;"> 2 </td> <td style="padding: 0px; vertical-align: bottom; height: 16px; width: 3%;"> to </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 6%;"> 7 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 0.963082%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 12%;"> 1,610 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.60514%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 0.963082%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 12%;"> 1,610 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 0.963082%;"> </td> </tr> <tr style="background-color: #cceeff; height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 54.2536%;"> Vehicles </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 0.963082%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 4%;"> 5 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 3%;"> to </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 6%;"> 10 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 0.963082%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 12%;"> 206 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1.60514%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 0.963082%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 12%;"> 206 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 0.963082%;"> </td> </tr> <tr style="height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 54.2536%;"> Manufacturing and test equipment </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 0.963082%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 4%;"> 2 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 3%;"> to </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 6%;"> 10 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 0.963082%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 1%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 12%;"> 2,846 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px; width: 1.60514%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 0.963082%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 1%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 12%;"> 2,833 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px; width: 0.963082%;"> </td> </tr> <tr style="background-color: #cceeff; height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 54.2536%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 0.963082%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 4%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 3%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 6%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 0.963082%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 12%;"> 10,072 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1.60514%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 0.963082%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 12%;"> 9,868 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 0.963082%;"> </td> </tr> <tr style="height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px; width: 54.2536%;"> Accumulated depreciation and amortization </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px; width: 0.963082%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px; width: 4%;"> </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 10px; width: 3%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px; width: 6%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px; width: 0.963082%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 10px; width: 1%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 10px; width: 12%;"> (9,328 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 10px; width: 1.60514%;">)</td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px; width: 0.963082%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 10px; width: 1%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 10px; width: 12%;"> (8,962 </td> <td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.963082%;">)</td> </tr> <tr style="background-color: #cceeff; height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 54.2536%;"> Property and equipment, net </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.963082%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 4%;"> </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 3%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 6%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.963082%;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"> $ </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12%;"> 744 </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.60514%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.963082%;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"> $ </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12%;"> 906 </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.963082%;"> </td> </tr> </tbody> </table> Depreciation expense on property and equipment for the years ended December 31, 2021 and 2020 was $378 and $422, respectively.

<table cellpadding="0" style="height: 131px; border-collapse: collapse; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt; width: 90%;" width="90%"> <tbody> <tr style="height: 18px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 18px; width: 54.2536%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 18px; width: 0.963082%;"> </td> <td colspan="4" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.75pt; height: 18px; width: 14%; vertical-align: bottom;"> Estimated useful lives </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 18px; width: 0.963082%;"> </td> <td colspan="6" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 18px; width: 28.5682%;"> As of December 31, </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 18px; width: 0.963082%;"> </td> </tr> <tr style="height: 18px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 18px; width: 54.2536%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 18px; width: 0.963082%;"> </td> <td colspan="4" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.75pt; height: 18px; width: 14%; vertical-align: bottom;"> in years </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 18px; width: 0.963082%;"> </td> <td colspan="2" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 18px; width: 13%;"> 2021 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 18px; width: 1.60514%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 18px; width: 0.963082%;"> </td> <td colspan="2" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 18px; width: 13%;"> 2020 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 18px; width: 0.963082%;"> </td> </tr> <tr style="background-color: #cceeff; height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; width: 54.2536%; background-color: #cceeff; height: 10px;"> Office furniture and equipment </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 0.963082%; background-color: #cceeff; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 4%; background-color: #cceeff; height: 10px;"> 3 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 3%; background-color: #cceeff; height: 10px;"> to </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 6%; background-color: #cceeff; height: 10px;"> 10 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 0.963082%; background-color: #cceeff; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 10px;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 12%; background-color: #cceeff; height: 10px;"> 5,410 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.60514%; background-color: #cceeff; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 0.963082%; background-color: #cceeff; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 10px;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 12%; background-color: #cceeff; height: 10px;"> 5,219 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 0.963082%; background-color: #cceeff; height: 10px;"> </td> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 54.2536%;"> Leasehold improvements </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 0.963082%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 4%;"> 2 </td> <td style="padding: 0px; vertical-align: bottom; height: 16px; width: 3%;"> to </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 6%;"> 7 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 0.963082%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 12%;"> 1,610 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.60514%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 0.963082%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 12%;"> 1,610 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 0.963082%;"> </td> </tr> <tr style="background-color: #cceeff; height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 54.2536%;"> Vehicles </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 0.963082%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 4%;"> 5 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 3%;"> to </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 6%;"> 10 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 0.963082%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 12%;"> 206 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1.60514%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 0.963082%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 12%;"> 206 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 0.963082%;"> </td> </tr> <tr style="height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 54.2536%;"> Manufacturing and test equipment </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 0.963082%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 4%;"> 2 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 3%;"> to </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 6%;"> 10 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 0.963082%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 1%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 12%;"> 2,846 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px; width: 1.60514%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 0.963082%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 1%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 12%;"> 2,833 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px; width: 0.963082%;"> </td> </tr> <tr style="background-color: #cceeff; height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 54.2536%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 0.963082%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 4%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 3%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 6%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 0.963082%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 12%;"> 10,072 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1.60514%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 0.963082%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 12%;"> 9,868 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 0.963082%;"> </td> </tr> <tr style="height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px; width: 54.2536%;"> Accumulated depreciation and amortization </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px; width: 0.963082%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px; width: 4%;"> </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 10px; width: 3%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px; width: 6%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px; width: 0.963082%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 10px; width: 1%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 10px; width: 12%;"> (9,328 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 10px; width: 1.60514%;">)</td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px; width: 0.963082%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 10px; width: 1%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 10px; width: 12%;"> (8,962 </td> <td style="padding: 0px; vertical-align: bottom; height: 10px; width: 0.963082%;">)</td> </tr> <tr style="background-color: #cceeff; height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 54.2536%;"> Property and equipment, net </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.963082%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 4%;"> </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 3%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 6%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.963082%;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"> $ </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12%;"> 744 </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.60514%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.963082%;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1%;"> $ </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 12%;"> 906 </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 0.963082%;"> </td> </tr> </tbody> </table>

P3Y

P10Y

5410000

5219000

P2Y

P7Y

1610000

P5Y

P10Y

206000

P2Y

P10Y

2846000

2833000

10072000

9868000

9328000

8962000

744000

906000

378000

422000

<div style="font-family: 'times new roman', times; font-size: 10pt;"> <div style="border-left: none; border-right: none;"> 6. Leases Rent expense is recognized on a straight-line basis over the period of the lease taking into account future rent escalation and holiday periods. Rent expense for the years ended December 31, 2021 and 2020 was as follows: <table border="0" style="height: 61px; width: 100%; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; margin-left: 0.1px;"> <tbody> <tr style="height: 10px;"> <td style="height: 10px; width: 71.9393%;"> </td> <td style="height: 10px; width: 2.0585%;"> </td> <td colspan="5" style="height: 10px; text-align: center; width: 25.9502%;">Year ended </td> </tr> <tr style="height: 17px;"> <td style="height: 17px; width: 71.9393%;"> </td> <td style="height: 17px; width: 2.0585%;"> </td> <td colspan="5" style="height: 17px; text-align: center; border-bottom: 1pt solid #000000; width: 25.9502%;">December 31, </td> </tr> <tr style="height: 17px;"> <td style="height: 17px; width: 71.9393%;"> </td> <td style="height: 17px; width: 2.0585%;"> </td> <td colspan="2" style="height: 17px; text-align: center; border-bottom: 1pt solid #000000; font-weight: bold; width: 12%;">2021 </td> <td style="height: 17px; width: 1.95016%;"> </td> <td colspan="2" style="height: 17px; text-align: center; border-bottom: 1pt solid #000000; font-weight: bold; width: 12%;">2020 </td> </tr> <tr style="height: 17px; background-color: #cceeff;"> <td style="height: 17px; width: 71.9393%; background-color: #cceeff;">Rent expense </td> <td style="height: 17px; width: 2.0585%; background-color: #cceeff;"> </td> <td style="height: 17px; width: 2%; background-color: #cceeff;">$</td> <td style="text-align: right; height: 17px; width: 10%; background-color: #cceeff;">719</td> <td style="height: 17px; width: 1.95016%; background-color: #cceeff;"> </td> <td style="height: 17px; width: 2%; background-color: #cceeff;">$</td> <td style="height: 17px; width: 10%; text-align: right; background-color: #cceeff;">719</td> </tr> </tbody> </table> We occupy a 1,350 square-foot facility in Gainesville, Florida under the terms of an operating lease expiring in February 2023. The Gainesville facility is used primarily to support our research and development activities. <p style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; margin: 0px; text-align: justify;"> <p style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; margin: 0px; text-align: justify; line-height: 1;">We occupy a 21,443 square-foot facility in Salt Lake City, Utah under the terms of an operating lease expiring in March 2024, with an option to extend for additional five years. The facility supports our principal administrative, sales, marketing, customer support, and research and product development activities. <p style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; margin: 0px; text-align: justify;"> <p style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; margin: 0px; text-align: justify; line-height: 1;">We occupy a 950 square-foot facility in Austin, Texas under the terms of an operating lease expiring in October 2022. This facility supports our sales, marketing, customer support, and research and development activities. <p style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; margin: 0px; text-align: justify;"> <p style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; margin: 0px; text-align: justify; line-height: 1;">We occupy a 3,068 square-foot facility in Zaragoza, Spain under the terms of an operating lease that expired in March 2022. This office supported our research and development and customer support activities. <p style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; margin: 0px; text-align: justify; line-height: 1;"> <p style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; margin: 0px; text-align: justify; line-height: 1;">We occupy a 6,175 square-foot facility in Chennai, India under the terms of an operating lease expiring in August 2023. This facility supports our administrative, marketing, customer support, and research and product development activities. <p style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; margin: 0px; text-align: justify;"> <p style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; margin: 0px; text-align: justify; line-height: 1;">We occupy a 40,000 square-foot warehouse in Salt Lake City, Utah under the terms of an operating lease expiring in April 2025, which serves as our primary inventory fulfillment center. <span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important; line-height: inherit;">Supplemental cash flow information related to leases was as follows: <table border="0" cellpadding="0" class="finTable" style="height: 78px; width: 100%; border-collapse: collapse; font-size: 10pt; font-family: 'times new roman'; text-indent: 0px; margin-left: 0.1px;"> <tbody> <tr> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt;"> </td> <td colspan="6" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0.1px; border-bottom: 0.75pt solid #000000; text-align: center;">Year ended December 31,</td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom; height: 10px;"> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 10px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 10px;"> </td> <td colspan="2" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0.1px; height: 10px; border-bottom: 0.75pt solid #000000; text-align: center;"> 2021 </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 1px; height: 10px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 1px; height: 10px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 1px; height: 10px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 1px; height: 10px; border-bottom: 0.75pt solid #000000; text-align: center;"> <b style="color: #000000; font-family: 'Times New Roman', Times, serif; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">2020 </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 1px; height: 10px;"> </td> </tr> <tr style="vertical-align: bottom; background-color: #cceeff; height: 17px;"> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 17px; width: 68%;"> Cash paid for amounts included in the measurement of lease liabilities: </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 17px; width: 1%;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 17px; width: 1%;"> </td> <td style="text-align: left; font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 17px; width: 13%;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 17px; width: 1%;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 17px; width: 1%;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 17px; width: 1%;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 17px; width: 13%;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 17px; width: 1%;"> </td> </tr> <tr style="vertical-align: bottom; background-color: #ffffff; height: 17px;"> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 17px;"> Operating cash flows from operating leases </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 17px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 17px;">$</td> <td style="text-align: right; font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 17px;">685</td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 17px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 17px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 17px;">$</td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 17px; text-align: right;">718</td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 17px;"> </td> </tr> <tr style="vertical-align: bottom; background-color: #cceeff; height: 17px;"> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 17px;"> Right-of-use assets obtained in exchange for lease obligations: </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 17px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 17px;"> </td> <td style="text-align: left; font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 17px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 17px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 17px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 17px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 17px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 17px;"> </td> </tr> <tr style="vertical-align: bottom; background-color: #ffffff; height: 17px;"> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 17px;"> Operating leases </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 17px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 17px;">$</td> <td style="text-align: right; font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 17px;">212</td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 17px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 17px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 17px;">$</td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 17px; text-align: right;">97</td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 17px;"> </td> </tr> </tbody> </table> <div> <div style="border-left: none; border-right: none;"> <div style="border-left: none; border-right: none;"> </div> </div> </div> <p style="color: #000000; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; margin: 0pt; text-align: justify; line-height: 1;">Supplemental balance sheet information related to leases was as follows: <p style="color: #000000; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; margin: 0pt; text-align: justify;"> <table border="0" cellpadding="0" class="finTable" style="width: 99.5845%; border-collapse: collapse; font-size: 10pt; font-family: 'times new roman'; text-indent: 0px; margin-left: 0.1px; height: 153px;"> <tbody> <tr style="vertical-align: bottom; height: 18px;"> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 18px; width: 66.2704%; border-bottom-width: 1px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 18px; width: 0.89153%; border-bottom-width: 1px;"> </td> <td colspan="2" style="text-align: center; font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid #000000; height: 18px; width: 14%;"> December 31, 2021 </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 1px; height: 18px; width: 1.93165%; border-bottom-width: 1px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 1px; height: 18px; width: 0.89153%; border-bottom-width: 1px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 1px; border-bottom: 1px solid #000000; height: 18px; width: 0.89153%;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 1px; text-align: center; border-bottom: 1px solid #000000; height: 18px; width: 12.9272%;">December 31, 2020</td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 1px; height: 18px; width: 1.93165%;"> </td> </tr> <tr style="vertical-align: bottom; background-color: #cceeff; height: 18px;"> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 66.2704%; height: 18px; border-bottom-width: 1px;"> Operating lease right-of-use assets </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 0.89153%; height: 18px; border-bottom-width: 1px;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; width: 1%; height: 18px;border-bottom-width: 1pt;border-bottom-style: solid ;border-bottom-color: rgb(0, 0, 0);">$</td> <td style="text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; width: 13%; height: 18px;border-bottom-width: 1pt;border-bottom-style: solid ;border-bottom-color: rgb(0, 0, 0);">1,537</td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; width: 1.93165%; height: 18px; border-bottom-width: 1px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; width: 0.89153%; height: 18px; border-bottom-width: 1px;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; width: 0.89153%; height: 18px;border-bottom-width: 1pt;border-bottom-style: solid ;border-bottom-color: rgb(0, 0, 0);">$</td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; padding: 0px; margin-left: 0pt; width: 12.9272%; text-align: right; height: 18px; vertical-align: bottom;border-bottom-width: 1pt;border-bottom-style: solid ;border-bottom-color: rgb(0, 0, 0);" valign="bottom">1,936</td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; width: 1.93165%; height: 18px;"> </td> </tr> <tr style="vertical-align: bottom; background-color: #ffffff; height: 17px;"> <td style="height: 17px; width: 66.2704%; border-bottom-width: 1px;"> </td> <td style="height: 17px; width: 0.89153%; border-bottom-width: 1px;"> </td> <td style="height: 17px; width: 1%; border-bottom-width: 1px;"> </td> <td style="height: 17px; width: 13%; border-bottom-width: 1px;"> </td> <td style="height: 17px; width: 1.93165%; border-bottom-width: 1px;"> </td> <td style="height: 17px; width: 0.89153%; border-bottom-width: 1px;"> </td> <td style="height: 17px; width: 0.89153%; border-bottom-width: 1px;"> </td> <td style="text-align: right; height: 17px; width: 12.9272%; padding: 0px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"> </td> <td style="height: 17px; width: 1.93165%;"> </td> </tr> <tr style="vertical-align: bottom; background-color: #cceeff; height: 17px;"> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 17px; width: 66.2704%; border-bottom-width: 1px;"> Current portion of operating lease liabilities, included in accrued liabilities </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 17px; width: 0.89153%; border-bottom-width: 1px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 17px; width: 1%; border-bottom-width: 1px;">$</td> <td style="text-align: right; font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 17px; width: 13%; border-bottom-width: 1px;">623</td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 17px; width: 1.93165%; border-bottom-width: 1px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 17px; width: 0.89153%; border-bottom-width: 1px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 17px; width: 0.89153%; border-bottom-width: 1px;">$</td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; text-align: right; height: 17px; width: 12.9272%; padding: 0px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">579</td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 17px; width: 1.93165%;"> </td> </tr> <tr style="vertical-align: bottom; background-color: #ffffff; height: 18px;"> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 18px; width: 66.2704%; border-bottom-width: 1px;"> Operating lease liabilities, net of current portion </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 18px; width: 0.89153%; border-bottom-width: 1px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; border-bottom: 1px solid #000000; height: 18px; width: 1%;"> </td> <td style="text-align: right; font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid #000000; height: 18px; width: 13%;">1,026</td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; height: 18px; width: 1.93165%; border-bottom-width: 1px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; height: 18px; width: 0.89153%; border-bottom-width: 1px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; height: 18px; width: 0.89153%; border-bottom-width: 1px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding: 0px; margin-left: 0pt; text-align: right; height: 18px; width: 12.9272%; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">1,489</td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; height: 18px; width: 1.93165%;"> </td> </tr> <tr style="vertical-align: bottom; background-color: #cceeff; height: 10px;"> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 10px; width: 66.2704%;"> Total operating lease liabilities </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 10px; width: 0.89153%;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; border-bottom: 2.8pt double #000000; height: 10px; width: 1%;">$</td> <td style="text-align: right; font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 2.8pt double #000000; height: 10px; width: 13%;">1,649</td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; height: 10px; width: 1.93165%;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; height: 10px; width: 0.89153%;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 10px; width: 0.89153%;">$</td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding: 0px; margin-left: 0pt; text-align: right; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 10px; width: 12.9272%; vertical-align: bottom;" valign="bottom">2,068</td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; height: 10px; width: 1.93165%;"> </td> </tr> <tr style="vertical-align: bottom; background-color: #ffffff; height: 18px;"> <td style="height: 18px; width: 66.2704%;"> </td> <td style="height: 18px; width: 0.89153%;"> </td> <td style="height: 18px; width: 1%;"> </td> <td style="height: 18px; width: 13%;"> </td> <td style="height: 18px; width: 1.93165%;"> </td> <td style="height: 18px; width: 0.89153%;"> </td> <td style="height: 18px; width: 0.89153%;"> </td> <td style="text-align: right; height: 18px; width: 12.9272%; padding: 0px; vertical-align: bottom;" valign="bottom"> </td> <td style="height: 18px; width: 1.93165%;"> </td> </tr> <tr style="vertical-align: bottom; background-color: #cceeff; height: 20px;"> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 20px; width: 66.2704%;"> Weighted average remaining lease term for operating leases (in years) </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 20px; width: 0.89153%;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 20px; width: 1%;"> </td> <td style="text-align: right; font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 20px; width: 13%;">2.64</td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 20px; width: 1.93165%;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 20px; width: 0.89153%;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 20px; width: 0.89153%;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; text-align: right; height: 20px; width: 12.9272%; padding: 0px; vertical-align: bottom;" valign="bottom">3.54</td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 20px; width: 1.93165%;"> </td> </tr> <tr style="vertical-align: bottom; background-color: #ffffff; height: 17px;"> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 17px; width: 66.2704%;"> Weighted average discount rate for operating leases </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 17px; width: 0.89153%;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 17px; width: 1%;"> </td> <td style="text-align: right; font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 17px; width: 13%;">5.87</td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 17px; width: 1.93165%;"> % </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 17px; width: 0.89153%;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 17px; width: 0.89153%;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; text-align: right; height: 17px; width: 12.9272%; padding: 0px; vertical-align: bottom;" valign="bottom">6.1</td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 17px; width: 1.93165%;">%</td> </tr> </tbody> </table> <p style="color: #000000; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; margin: 0pt; text-align: justify; line-height: 1;">The following represents maturities of operating lease liabilities as of December 31, 2021: <table border="0" cellpadding="0" class="finTable" style="border-collapse: collapse; width: 90%; font-size: 10pt; font-family: 'times new roman'; text-indent: 0px; height: 145px;"> <tbody> <tr style="vertical-align: bottom; background-color: #cceeff; height: 17px;"> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 83%; background-color: #cceeff; height: 17px; border-bottom-width: 0.75pt; border-bottom-style: solid; border-bottom-color: #000000;"> Years ending December 31, </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; background-color: #cceeff; height: 17px; width: 0.986842%;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; background-color: #cceeff; height: 17px; width: 1.31579%;"> </td> <td style="text-align: left; font-family: 'Times New Roman', Times, serif; font-size: 10pt; background-color: #cceeff; height: 17px; width: 13.8158%;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; background-color: #cceeff; height: 17px; width: 1.64474%;"> </td> </tr> <tr style="vertical-align: bottom; height: 15px;"> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 15px; width: 83%;"> 2022 </td> <td style="width: 0.986842%; font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 15px;"> </td> <td style="width: 1.31579%; font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 15px;">$</td> <td style="width: 13.8158%; text-align: right; font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 15px;">703</td> <td style="width: 1.64474%; font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 15px;"> </td> </tr> <tr style="vertical-align: bottom; background-color: #cceeff; height: 17px;"> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; background-color: #cceeff; height: 17px; width: 83%;"> 2023 </td> <td style="width: 0.986842%; font-family: 'Times New Roman', Times, serif; font-size: 10pt; background-color: #cceeff; height: 17px;"> </td> <td style="width: 1.31579%; font-family: 'Times New Roman', Times, serif; font-size: 10pt; background-color: #cceeff; height: 17px;"> </td> <td style="width: 13.8158%; text-align: right; font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; background-color: #cceeff; height: 17px;">671</td> <td style="width: 1.64474%; font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; background-color: #cceeff; height: 17px;"> </td> </tr> <tr style="vertical-align: bottom; height: 17px;"> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 17px; width: 83%; border-bottom-width: 1px;"> 2024 </td> <td style="width: 0.986842%; font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 17px; border-bottom-width: 1px;"> </td> <td style="width: 1.31579%; font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 17px; border-bottom-width: 1px;"> </td> <td style="width: 13.8158%; text-align: right; font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 17px; border-bottom-width: 1px;">343</td> <td style="width: 1.64474%; font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 17px;"> </td> </tr> <tr style="vertical-align: bottom; background-color: #cceeff; height: 17px;"> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; background-color: #cceeff; height: 17px; width: 83%; border-bottom-width: 1px;"> 2025 </td> <td style="width: 0.986842%; font-family: 'Times New Roman', Times, serif; font-size: 10pt; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"> </td> <td style="width: 1.31579%; font-family: 'Times New Roman', Times, serif; font-size: 10pt; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"> </td> <td style="width: 13.8158%; text-align: right; font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; background-color: #cceeff; height: 17px; border-bottom-width: 1px;">69</td> <td style="width: 1.64474%; font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; background-color: #cceeff; height: 17px;"> </td> </tr> <tr style="vertical-align: bottom; height: 17px;"> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 17px; width: 83%; border-bottom-width: 1px;"> 2026 </td> <td style="width: 0.986842%; font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 17px; border-bottom-width: 1px;"> </td> <td style="width: 1.31579%; font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 17px; border-bottom: 1px solid #000000;"> </td> <td style="width: 13.8158%; text-align: right; font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 17px; border-bottom: 1px solid #000000;">-</td> <td style="width: 1.64474%; font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 17px;"> </td> </tr> <tr style="vertical-align: bottom; background-color: #cceeff; height: 17px;"> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; background-color: #cceeff; height: 17px; width: 83%; border-bottom-width: 1px;"> Total lease payments </td> <td style="width: 0.986842%; font-family: 'Times New Roman', Times, serif; font-size: 10pt; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"> </td> <td style="width: 1.31579%; font-family: 'Times New Roman', Times, serif; font-size: 10pt; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"> </td> <td style="width: 13.8158%; text-align: right; font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; background-color: #cceeff; height: 17px; border-bottom-width: 1px;">1,786</td> <td style="width: 1.64474%; font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; background-color: #cceeff; height: 17px;"> </td> </tr> <tr style="vertical-align: bottom; height: 18px;"> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 18px; width: 83%; border-bottom-width: 1px;"> Less: Imputed interest </td> <td style="width: 0.986842%; font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 18px; border-bottom-width: 1px;"> </td> <td style="width: 1.31579%; font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 18px; border-bottom: 1px solid #000000;"> </td> <td style="width: 13.8158%; text-align: right; font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 18px; border-bottom: 1px solid #000000;">(137</td> <td style="width: 1.64474%; font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; height: 18px;">)</td> </tr> <tr style="vertical-align: bottom; background-color: #cceeff; height: 10px;"> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; background-color: #cceeff; height: 10px; width: 83%;"> Total </td> <td style="width: 0.986842%; font-family: 'Times New Roman', Times, serif; font-size: 10pt; background-color: #cceeff; height: 10px;"> </td> <td style="width: 1.31579%; font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; background-color: #cceeff; height: 10px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">$</td> <td style="width: 13.8158%; text-align: right; font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; background-color: #cceeff; height: 10px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">1,649</td> <td style="width: 1.64474%; font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; background-color: #cceeff; height: 10px;"> </td> </tr> </tbody> </table> </div> </div>

<table border="0" style="height: 61px; width: 100%; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; margin-left: 0.1px;"> <tbody> <tr style="height: 10px;"> <td style="height: 10px; width: 71.9393%;"> </td> <td style="height: 10px; width: 2.0585%;"> </td> <td colspan="5" style="height: 10px; text-align: center; width: 25.9502%;">Year ended </td> </tr> <tr style="height: 17px;"> <td style="height: 17px; width: 71.9393%;"> </td> <td style="height: 17px; width: 2.0585%;"> </td> <td colspan="5" style="height: 17px; text-align: center; border-bottom: 1pt solid #000000; width: 25.9502%;">December 31, </td> </tr> <tr style="height: 17px;"> <td style="height: 17px; width: 71.9393%;"> </td> <td style="height: 17px; width: 2.0585%;"> </td> <td colspan="2" style="height: 17px; text-align: center; border-bottom: 1pt solid #000000; font-weight: bold; width: 12%;">2021 </td> <td style="height: 17px; width: 1.95016%;"> </td> <td colspan="2" style="height: 17px; text-align: center; border-bottom: 1pt solid #000000; font-weight: bold; width: 12%;">2020 </td> </tr> <tr style="height: 17px; background-color: #cceeff;"> <td style="height: 17px; width: 71.9393%; background-color: #cceeff;">Rent expense </td> <td style="height: 17px; width: 2.0585%; background-color: #cceeff;"> </td> <td style="height: 17px; width: 2%; background-color: #cceeff;">$</td> <td style="text-align: right; height: 17px; width: 10%; background-color: #cceeff;">719</td> <td style="height: 17px; width: 1.95016%; background-color: #cceeff;"> </td> <td style="height: 17px; width: 2%; background-color: #cceeff;">$</td> <td style="height: 17px; width: 10%; text-align: right; background-color: #cceeff;">719</td> </tr> </tbody> </table>

719000

1350

21443

P5Y

950

3068

6175

40000

685000

718000

212000

97000

<table border="0" cellpadding="0" class="finTable" style="width: 99.5845%; border-collapse: collapse; font-size: 10pt; font-family: 'times new roman'; text-indent: 0px; margin-left: 0.1px; height: 153px;"> <tbody> <tr style="vertical-align: bottom; height: 18px;"> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 18px; width: 66.2704%; border-bottom-width: 1px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 18px; width: 0.89153%; border-bottom-width: 1px;"> </td> <td colspan="2" style="text-align: center; font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid #000000; height: 18px; width: 14%;"> December 31, 2021 </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 1px; height: 18px; width: 1.93165%; border-bottom-width: 1px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 1px; height: 18px; width: 0.89153%; border-bottom-width: 1px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 1px; border-bottom: 1px solid #000000; height: 18px; width: 0.89153%;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 1px; text-align: center; border-bottom: 1px solid #000000; height: 18px; width: 12.9272%;">December 31, 2020</td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 1px; height: 18px; width: 1.93165%;"> </td> </tr> <tr style="vertical-align: bottom; background-color: #cceeff; height: 18px;"> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 66.2704%; height: 18px; border-bottom-width: 1px;"> Operating lease right-of-use assets </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 0.89153%; height: 18px; border-bottom-width: 1px;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; width: 1%; height: 18px;border-bottom-width: 1pt;border-bottom-style: solid ;border-bottom-color: rgb(0, 0, 0);">$</td> <td style="text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; width: 13%; height: 18px;border-bottom-width: 1pt;border-bottom-style: solid ;border-bottom-color: rgb(0, 0, 0);">1,537</td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; width: 1.93165%; height: 18px; border-bottom-width: 1px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; width: 0.89153%; height: 18px; border-bottom-width: 1px;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; width: 0.89153%; height: 18px;border-bottom-width: 1pt;border-bottom-style: solid ;border-bottom-color: rgb(0, 0, 0);">$</td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; padding: 0px; margin-left: 0pt; width: 12.9272%; text-align: right; height: 18px; vertical-align: bottom;border-bottom-width: 1pt;border-bottom-style: solid ;border-bottom-color: rgb(0, 0, 0);" valign="bottom">1,936</td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; width: 1.93165%; height: 18px;"> </td> </tr> <tr style="vertical-align: bottom; background-color: #ffffff; height: 17px;"> <td style="height: 17px; width: 66.2704%; border-bottom-width: 1px;"> </td> <td style="height: 17px; width: 0.89153%; border-bottom-width: 1px;"> </td> <td style="height: 17px; width: 1%; border-bottom-width: 1px;"> </td> <td style="height: 17px; width: 13%; border-bottom-width: 1px;"> </td> <td style="height: 17px; width: 1.93165%; border-bottom-width: 1px;"> </td> <td style="height: 17px; width: 0.89153%; border-bottom-width: 1px;"> </td> <td style="height: 17px; width: 0.89153%; border-bottom-width: 1px;"> </td> <td style="text-align: right; height: 17px; width: 12.9272%; padding: 0px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"> </td> <td style="height: 17px; width: 1.93165%;"> </td> </tr> <tr style="vertical-align: bottom; background-color: #cceeff; height: 17px;"> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 17px; width: 66.2704%; border-bottom-width: 1px;"> Current portion of operating lease liabilities, included in accrued liabilities </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 17px; width: 0.89153%; border-bottom-width: 1px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 17px; width: 1%; border-bottom-width: 1px;">$</td> <td style="text-align: right; font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 17px; width: 13%; border-bottom-width: 1px;">623</td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 17px; width: 1.93165%; border-bottom-width: 1px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 17px; width: 0.89153%; border-bottom-width: 1px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 17px; width: 0.89153%; border-bottom-width: 1px;">$</td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; text-align: right; height: 17px; width: 12.9272%; padding: 0px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">579</td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 17px; width: 1.93165%;"> </td> </tr> <tr style="vertical-align: bottom; background-color: #ffffff; height: 18px;"> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 18px; width: 66.2704%; border-bottom-width: 1px;"> Operating lease liabilities, net of current portion </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 18px; width: 0.89153%; border-bottom-width: 1px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; border-bottom: 1px solid #000000; height: 18px; width: 1%;"> </td> <td style="text-align: right; font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid #000000; height: 18px; width: 13%;">1,026</td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; height: 18px; width: 1.93165%; border-bottom-width: 1px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; height: 18px; width: 0.89153%; border-bottom-width: 1px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; height: 18px; width: 0.89153%; border-bottom-width: 1px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding: 0px; margin-left: 0pt; text-align: right; height: 18px; width: 12.9272%; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">1,489</td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; height: 18px; width: 1.93165%;"> </td> </tr> <tr style="vertical-align: bottom; background-color: #cceeff; height: 10px;"> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 10px; width: 66.2704%;"> Total operating lease liabilities </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 10px; width: 0.89153%;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; border-bottom: 2.8pt double #000000; height: 10px; width: 1%;">$</td> <td style="text-align: right; font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 2.8pt double #000000; height: 10px; width: 13%;">1,649</td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; height: 10px; width: 1.93165%;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; height: 10px; width: 0.89153%;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 10px; width: 0.89153%;">$</td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding: 0px; margin-left: 0pt; text-align: right; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; height: 10px; width: 12.9272%; vertical-align: bottom;" valign="bottom">2,068</td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; height: 10px; width: 1.93165%;"> </td> </tr> <tr style="vertical-align: bottom; background-color: #ffffff; height: 18px;"> <td style="height: 18px; width: 66.2704%;"> </td> <td style="height: 18px; width: 0.89153%;"> </td> <td style="height: 18px; width: 1%;"> </td> <td style="height: 18px; width: 13%;"> </td> <td style="height: 18px; width: 1.93165%;"> </td> <td style="height: 18px; width: 0.89153%;"> </td> <td style="height: 18px; width: 0.89153%;"> </td> <td style="text-align: right; height: 18px; width: 12.9272%; padding: 0px; vertical-align: bottom;" valign="bottom"> </td> <td style="height: 18px; width: 1.93165%;"> </td> </tr> <tr style="vertical-align: bottom; background-color: #cceeff; height: 20px;"> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 20px; width: 66.2704%;"> Weighted average remaining lease term for operating leases (in years) </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 20px; width: 0.89153%;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 20px; width: 1%;"> </td> <td style="text-align: right; font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 20px; width: 13%;">2.64</td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 20px; width: 1.93165%;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 20px; width: 0.89153%;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 20px; width: 0.89153%;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; text-align: right; height: 20px; width: 12.9272%; padding: 0px; vertical-align: bottom;" valign="bottom">3.54</td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 20px; width: 1.93165%;"> </td> </tr> <tr style="vertical-align: bottom; background-color: #ffffff; height: 17px;"> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 17px; width: 66.2704%;"> Weighted average discount rate for operating leases </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 17px; width: 0.89153%;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 17px; width: 1%;"> </td> <td style="text-align: right; font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 17px; width: 13%;">5.87</td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 17px; width: 1.93165%;"> % </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 17px; width: 0.89153%;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 17px; width: 0.89153%;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; text-align: right; height: 17px; width: 12.9272%; padding: 0px; vertical-align: bottom;" valign="bottom">6.1</td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 17px; width: 1.93165%;">%</td> </tr> </tbody> </table> <table border="0" cellpadding="0" class="finTable" style="height: 78px; width: 100%; border-collapse: collapse; font-size: 10pt; font-family: 'times new roman'; text-indent: 0px; margin-left: 0.1px;"> <tbody> <tr> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt;"> </td> <td colspan="6" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0.1px; border-bottom: 0.75pt solid #000000; text-align: center;">Year ended December 31,</td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom; height: 10px;"> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 10px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 10px;"> </td> <td colspan="2" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0.1px; height: 10px; border-bottom: 0.75pt solid #000000; text-align: center;"> 2021 </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 1px; height: 10px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 1px; height: 10px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 1px; height: 10px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 1px; height: 10px; border-bottom: 0.75pt solid #000000; text-align: center;"> <b style="color: #000000; font-family: 'Times New Roman', Times, serif; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">2020 </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 1px; height: 10px;"> </td> </tr> <tr style="vertical-align: bottom; background-color: #cceeff; height: 17px;"> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 17px; width: 68%;"> Cash paid for amounts included in the measurement of lease liabilities: </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 17px; width: 1%;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 17px; width: 1%;"> </td> <td style="text-align: left; font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 17px; width: 13%;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 17px; width: 1%;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 17px; width: 1%;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 17px; width: 1%;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 17px; width: 13%;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 17px; width: 1%;"> </td> </tr> <tr style="vertical-align: bottom; background-color: #ffffff; height: 17px;"> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 17px;"> Operating cash flows from operating leases </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 17px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 17px;">$</td> <td style="text-align: right; font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 17px;">685</td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 17px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 17px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 17px;">$</td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 17px; text-align: right;">718</td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 17px;"> </td> </tr> <tr style="vertical-align: bottom; background-color: #cceeff; height: 17px;"> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 17px;"> Right-of-use assets obtained in exchange for lease obligations: </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 17px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 17px;"> </td> <td style="text-align: left; font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 17px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 17px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 17px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 17px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 17px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 17px;"> </td> </tr> <tr style="vertical-align: bottom; background-color: #ffffff; height: 17px;"> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 17px;"> Operating leases </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 17px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 17px;">$</td> <td style="text-align: right; font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 17px;">212</td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 17px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 17px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 17px;">$</td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 17px; text-align: right;">97</td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 17px;"> </td> </tr> </tbody> </table>

1537000

1936000

623000 579000

1026000

1489000

1649000

2068000

P2Y7M20D

P3Y6M14D

0.0587

0.061

<table border="0" cellpadding="0" class="finTable" style="border-collapse: collapse; width: 90%; font-size: 10pt; font-family: 'times new roman'; text-indent: 0px; height: 145px;"> <tbody> <tr style="vertical-align: bottom; background-color: #cceeff; height: 17px;"> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 83%; background-color: #cceeff; height: 17px; border-bottom-width: 0.75pt; border-bottom-style: solid; border-bottom-color: #000000;"> Years ending December 31, </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; background-color: #cceeff; height: 17px; width: 0.986842%;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; background-color: #cceeff; height: 17px; width: 1.31579%;"> </td> <td style="text-align: left; font-family: 'Times New Roman', Times, serif; font-size: 10pt; background-color: #cceeff; height: 17px; width: 13.8158%;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; background-color: #cceeff; height: 17px; width: 1.64474%;"> </td> </tr> <tr style="vertical-align: bottom; height: 15px;"> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 15px; width: 83%;"> 2022 </td> <td style="width: 0.986842%; font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 15px;"> </td> <td style="width: 1.31579%; font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 15px;">$</td> <td style="width: 13.8158%; text-align: right; font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 15px;">703</td> <td style="width: 1.64474%; font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 15px;"> </td> </tr> <tr style="vertical-align: bottom; background-color: #cceeff; height: 17px;"> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; background-color: #cceeff; height: 17px; width: 83%;"> 2023 </td> <td style="width: 0.986842%; font-family: 'Times New Roman', Times, serif; font-size: 10pt; background-color: #cceeff; height: 17px;"> </td> <td style="width: 1.31579%; font-family: 'Times New Roman', Times, serif; font-size: 10pt; background-color: #cceeff; height: 17px;"> </td> <td style="width: 13.8158%; text-align: right; font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; background-color: #cceeff; height: 17px;">671</td> <td style="width: 1.64474%; font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; background-color: #cceeff; height: 17px;"> </td> </tr> <tr style="vertical-align: bottom; height: 17px;"> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 17px; width: 83%; border-bottom-width: 1px;"> 2024 </td> <td style="width: 0.986842%; font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 17px; border-bottom-width: 1px;"> </td> <td style="width: 1.31579%; font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 17px; border-bottom-width: 1px;"> </td> <td style="width: 13.8158%; text-align: right; font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 17px; border-bottom-width: 1px;">343</td> <td style="width: 1.64474%; font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 17px;"> </td> </tr> <tr style="vertical-align: bottom; background-color: #cceeff; height: 17px;"> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; background-color: #cceeff; height: 17px; width: 83%; border-bottom-width: 1px;"> 2025 </td> <td style="width: 0.986842%; font-family: 'Times New Roman', Times, serif; font-size: 10pt; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"> </td> <td style="width: 1.31579%; font-family: 'Times New Roman', Times, serif; font-size: 10pt; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"> </td> <td style="width: 13.8158%; text-align: right; font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; background-color: #cceeff; height: 17px; border-bottom-width: 1px;">69</td> <td style="width: 1.64474%; font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; background-color: #cceeff; height: 17px;"> </td> </tr> <tr style="vertical-align: bottom; height: 17px;"> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 17px; width: 83%; border-bottom-width: 1px;"> 2026 </td> <td style="width: 0.986842%; font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 17px; border-bottom-width: 1px;"> </td> <td style="width: 1.31579%; font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 17px; border-bottom: 1px solid #000000;"> </td> <td style="width: 13.8158%; text-align: right; font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 17px; border-bottom: 1px solid #000000;">-</td> <td style="width: 1.64474%; font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 17px;"> </td> </tr> <tr style="vertical-align: bottom; background-color: #cceeff; height: 17px;"> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; background-color: #cceeff; height: 17px; width: 83%; border-bottom-width: 1px;"> Total lease payments </td> <td style="width: 0.986842%; font-family: 'Times New Roman', Times, serif; font-size: 10pt; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"> </td> <td style="width: 1.31579%; font-family: 'Times New Roman', Times, serif; font-size: 10pt; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"> </td> <td style="width: 13.8158%; text-align: right; font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; background-color: #cceeff; height: 17px; border-bottom-width: 1px;">1,786</td> <td style="width: 1.64474%; font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; background-color: #cceeff; height: 17px;"> </td> </tr> <tr style="vertical-align: bottom; height: 18px;"> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 18px; width: 83%; border-bottom-width: 1px;"> Less: Imputed interest </td> <td style="width: 0.986842%; font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 18px; border-bottom-width: 1px;"> </td> <td style="width: 1.31579%; font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 18px; border-bottom: 1px solid #000000;"> </td> <td style="width: 13.8158%; text-align: right; font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 18px; border-bottom: 1px solid #000000;">(137</td> <td style="width: 1.64474%; font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; height: 18px;">)</td> </tr> <tr style="vertical-align: bottom; background-color: #cceeff; height: 10px;"> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; background-color: #cceeff; height: 10px; width: 83%;"> Total </td> <td style="width: 0.986842%; font-family: 'Times New Roman', Times, serif; font-size: 10pt; background-color: #cceeff; height: 10px;"> </td> <td style="width: 1.31579%; font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; background-color: #cceeff; height: 10px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">$</td> <td style="width: 13.8158%; text-align: right; font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; background-color: #cceeff; height: 10px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">1,649</td> <td style="width: 1.64474%; font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; background-color: #cceeff; height: 10px;"> </td> </tr> </tbody> </table>

703000

671000

343000

69000

1786000

137000

1649000

<table cellpadding="0" style="border-collapse: collapse; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 137px;" width="100%"> <tbody> <tr style="height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 69.8413%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 0.865801%;"> </td> <td colspan="6" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 28.3488%;"> As of December 31, </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px; width: 1.443%;"> </td> </tr> <tr style="height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 69.8413%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 0.865801%;"> </td> <td colspan="2" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 13.02%;"> 2021 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px; width: 1.443%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 0.865801%;"> </td> <td colspan="2" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 13.02%;"> 2020 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px; width: 1.443%;"> </td> </tr> <tr style="height: 10px; background-color: #cceeff;"> <td style="padding: 0.25pt; vertical-align: bottom; width: 69.8413%; height: 10px; background-color: #cceeff;"> Accrued salaries and other compensation </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 0.865801%; height: 10px; background-color: #cceeff;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.02%; height: 10px; background-color: #cceeff;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 12%; height: 10px; background-color: #cceeff;"> 733 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.443%; height: 10px; background-color: #cceeff;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 0.865801%; height: 10px; background-color: #cceeff;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.02%; height: 10px; background-color: #cceeff;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 12%; height: 10px; background-color: #cceeff;"> 773 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.443%; height: 10px; background-color: #cceeff;"> </td> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 69.8413%;"> Sales and marketing programs and customer credit balances </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 0.865801%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.02%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 12%; height: 16px;"> 869 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.443%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 0.865801%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.02%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 12%; height: 16px;"> 575 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.443%; height: 16px;"> </td> </tr> <tr style="height: 16px; background-color: #cceeff;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 69.8413%; background-color: #cceeff;"> Product warranty </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 0.865801%; height: 16px; background-color: #cceeff;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.02%; height: 16px; background-color: #cceeff;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 12%; height: 16px; background-color: #cceeff;"> 194 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.443%; height: 16px; background-color: #cceeff;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 0.865801%; height: 16px; background-color: #cceeff;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.02%; height: 16px; background-color: #cceeff;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 12%; height: 16px; background-color: #cceeff;"> 194 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.443%; height: 16px; background-color: #cceeff;"> </td> </tr> <tr style="height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 69.8413%;">Current portion of operating lease liabilities </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 0.865801%; height: 17px;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 1.02%; height: 17px;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 12%; text-align: right; height: 17px;">623</td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; width: 1.443%; text-align: right; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 0.865801%; text-align: right; height: 17px;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 1.02%; text-align: right; height: 17px;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 12%; text-align: right; height: 17px;">579</td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; width: 1.443%; height: 17px;"> </td> </tr> <tr style="height: 17px; background-color: #cceeff;"> <td style="padding: 0.25pt; vertical-align: bottom; width: 69.8413%; height: 17px; background-color: #cceeff;"> Accrued legal fees and costs </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 0.865801%; height: 17px; background-color: #cceeff;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 1.02%; height: 17px; background-color: #cceeff;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 12%; height: 17px; text-align: right; background-color: #cceeff;">—</td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; width: 1.443%; height: 17px; background-color: #cceeff;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 0.865801%; height: 17px; background-color: #cceeff;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 1.02%; height: 17px; background-color: #cceeff;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 12%; text-align: right; height: 17px; background-color: #cceeff;">78</td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; width: 1.443%; height: 17px; background-color: #cceeff;"> </td> </tr> <tr style="height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 69.8413%;"> Other accrued liabilities </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 0.865801%; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 1.02%; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 12%; height: 17px;"> 130 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; width: 1.443%; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 0.865801%; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 1.02%; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 12%; height: 17px;"> 153 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; width: 1.443%; height: 17px;"> </td> </tr> <tr style="height: 10px; background-color: #cceeff;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px; width: 69.8413%; background-color: #cceeff;"> Total </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 0.865801%; height: 10px; background-color: #cceeff;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; width: 1.02%; height: 10px; background-color: #cceeff;"> $ </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; width: 12%; height: 10px; background-color: #cceeff;"> 2,549 </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; width: 1.443%; height: 10px; background-color: #cceeff;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 0.865801%; height: 10px; background-color: #cceeff;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; width: 1.02%; height: 10px; background-color: #cceeff;"> $ </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; width: 12%; height: 10px; background-color: #cceeff;"> 2,352 </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; width: 1.443%; height: 10px; background-color: #cceeff;"> </td> </tr> </tbody> </table>

733000

773000

869000

575000

194000

623000 579000

78000

130000

153000

2549000

2352000

<div style="border-left: none; border-right: none; text-align: justify; line-height: 1.2;"> 8. Commitments and Contingencies We establish contingent liabilities when a particular contingency is both probable and estimable. The Company is not aware of any pending claims or assessments, other than as described below, which may have a material adverse impact on the Company’s financial position or results of operations. Outsource Manufacturers. We have manufacturing agreements with electronics manufacturing service (“EMS”) providers related to the outsourced manufacturing of our products. Certain manufacturing agreements establish annual volume commitments. We are also obligated to repurchase Company-forecasted but unused materials. The Company has non-cancellable, non-returnable, and long-lead time commitments with its EMS providers and certain suppliers for inventory components that will be used in production. The Company’s purchase commitments under such agreements is approximately $7,670 as of December 31, 2021. Uncertain Tax Positions. As further discussed in <a href="#Note%2013%20-%20Income%20Taxes">Note 13 - Income Taxes</a>, we had $895 of uncertain tax positions as of December 31, 2021. Due to the inherent uncertainty of the underlying tax positions, it is not possible to forecast the payment of this liability to any particular year. Legal Proceedings. Intellectual Property Litigation The Company is involved in litigation against Shure Incorporated (“Shure”). Shure, Incorporated v. ClearOne, Inc., 17-cv-3078 (N.D. of Illinois) Shure filed the first lawsuit on April 24, 2017, by filing a complaint in the U.S. District Court for the Northern District of Illinois seeking a declaratory judgment of non-infringement and invalidity of the Company’s U.S. Patent No. 9,635,186 (“’186 Patent”) and Patent No. 9,264,553 (“’553 Patent”). The matter is Shure Inc. v. ClearOne, Inc., Case No. 17-cv-03078 (the “2017 N.D. Illinois Matter”). In early 2018, Shure added a claim that the ’186 Patent is unenforceable. The Court dismissed Shure’s request for declaratory judgment relating to the ’553 Patent, which at the time in 2017, had not been threatened or asserted by the Company against Shure and had been submitted to the USPTO for reissue. The Company has filed counterclaims against Shure for willful infringement of the Company’s ’186 Patent and the Company’s U.S. Patent No. 9,813,806 (“’806 Patent”). On August 6, 2017, the Company filed a motion seeking a preliminary injunction to enjoin Shure from continuing to infringe on the Company’s ’186 Patent. On March 16, 2018, the Court denied the Company’s motion for preliminary injunction regarding the ’186 Patent. On February 6, 2019, the Company filed a motion for reconsideration in light of the PTAB’s January 24, 2019, decision confirming the patentability of the related ’553 Patent. On August 25, 2019, the Court denied the Company’s motion for reconsideration. On April 17, 2018, the Company filed a motion seeking a preliminary injunction to enjoin Shure from continuing to infringe on the Company’s ’806 Patent. On August 6, 2019, the Court granted the Company’s motion for preliminary injunction regarding the ’806 Patent preventing Shure from manufacturing, marketing, and selling the Shure MXA910 Ceiling Array Microphone for use in its “drop-ceiling mounting configuration.” The Court determined that such sales are likely to infringe the ’806 Patent and that Shure had not raised a substantial question of the ’806 Patent validity. The Court’s order also prevents Shure from encouraging others to use the Shure MXA910 beamforming microphone array in the “drop-ceiling mounting configuration” and “applies to Shure’s officers, agents, servants, employees, and attorneys, as well as anyone who is in active concert or participation with those listed persons.” On August 20, 2019, the Company deposited $4,452,149.60 with the Court to satisfy a bond securing the preliminary injunction. <div> <div id="t_ft_LHLCGRX42O00000000000000000000b"> </div> </div> </div> <div> On February 21, 2020, the Company asked for a Court order that Shure has been manufacturing, marketing, and selling its redesigned MXA910, the MXA910-A released in December 2019, in violation of a preliminary injunction issued on August 20, 2019. On September 1, 2020, the Court held Shure in contempt of court for violating the Court’s August 2019 preliminary injunction order. The Court held that “Shure has violated the preliminary injunction order and is found in contempt because it designed the MXA910-A in such a way that allows it to be easily installed flush in most ceiling grids.” The Court’s order prohibited Shure from continuing to “manufacture, market, or sell the MXA910-A.” In addition, the Court held that “[t]he record is also clear as to the MXA910-60CM, but in an abundance of caution, the Court will refrain from granting that aspect of the contempt motion to allow for additional discovery” on that and the “possibility that Shure also violated the preliminary injunction order” by “pushing” sales of the MXA910 immediately after the issuance of the August 2019 preliminary injunction order. <span style="color: #000000; font-family: 'Times New Roman', serif; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important; line-height: inherit;">Shure and ClearOne completed supplemental briefing before the district court relating to the Court’s ruling holding Shure in contempt. The Court has not yet issued a ruling on the supplemental briefing. <span style="color: #000000; font-family: 'Times New Roman', serif; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; line-height: inherit;"> <span style="color: #000000; font-family: 'Times New Roman', serif; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important; line-height: inherit;">On July 21, 2021, the Federal Circuit dismissed Shure’s appeal of the Court’s ruling holding Shure in contempt. On July 9, 2020, the Company moved for summary judgment, or partial summary judgment, of infringement by Shure of the ’186 and ’806 patents, and Shure moved on the same day for summary judgment of invalidity of the ’186 and ’806 patents. On August 12, 2020, Shure also moved for summary judgment on various other aspects of the Company’s infringement claims, including arguing that the MXA910 after a recent firmware update does not infringe the ’186 Patent, that the MXA910-A and MXA910-US do not infringe the ’806 Patent, and that the Company is not entitled to lost profits or treble damages. The motions remain pending. Shure Incorporated v. ClearOne, Inc., No. IPR2017-01785 (PTAB) On July 14, 2017, Shure filed a petition with Patent Trial and Appeals Board (“PTAB”) for inter partes review against the ’553 Patent. The matter is Shure Incorporated v. ClearOne, Inc., No. IPR2017-01785. On January 29, 2018, the PTAB instituted inter partes review of the ’553 Patent. On January 24, 2019, PTAB issued a final written decision confirming the patentability of all claims of the ‘553 Patent. Shure filed a request for a rehearing, which the PTAB denied on March 25, 2019. Shure appealed the PTAB’s decision to the U.S. Court of Appeals for the Federal Circuit, which issued a judgment affirming the PTAB’s decision on March 6, 2020. ClearOne, Inc. v. Shure Acquisition Holdings, Inc., IPR2019-00683 (PTAB) On February 15, 2019, the Company filed a petition for inter partes review of Shure’s U.S. Patent No. 9,565,493 (“’493 Patent”), arguing that all claims of the ’493 Patent should be cancelled in light of several prior art references, including the ’806 Patent. The matter is ClearOne, Inc. v. Shure Acquisition Holdings, Inc., IPR2019-00683. Shure opposed the petition, but the PTAB instituted inter partes review on August 16, 2019. Shortly over a year later, on August 14, 2020, the PTAB issued its final written decision, holding that all but two of the original claims in the ’493 Patent, claims 6 and 34, are unpatentable in light of the ’806 and other prior art, and granting Shure’s request to amend 11 claims. On August 24, the Company filed a request for rehearing with the PTAB, arguing that the 11 amended claims are not patentable based upon the Company’s allegation that Shure withheld from the PTAB two allegedly material references that render those claims unpatentable. Also on August 24, the Company filed a request for sanctions with the PTAB, arguing that Shure’s failure to disclose two material references to the PTAB violated Shure’s duty of candor. PTAB denied both the request for hearing and request for sanctions. The Company has appealed the PTAB’s final written decision to the U.S Court of Appeal for the Federal Circuit. The parties completed briefing on this appeal in November 2021, and the hearing was held on April 7, 2022. The Federal Circuit has not yet issued any judgment. <p style="margin: 0in; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; line-height: 12pt; font-size: 12pt; font-family: 'Times New Roman', serif;">ClearOne, Inc. v. Shure, Incorporated, 19-cv-02421 (N.D. of Illinois) <p style="margin: 0in; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; line-height: 12pt; font-size: 12pt; font-family: 'Times New Roman', serif;"> <p style="margin: 0in; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; line-height: 1; font-size: 12pt; font-family: 'Times New Roman', serif;">On April 10, 2019, the Company filed a lawsuit against Shure in the United States District Court for the Northern District of Illinois alleging that Shure’s MXA910 and MXA310 infringes the ’553 Patent and that Shure has misappropriated ClearOne’s trade secrets. The matter is ClearOne, Inc. v. Shure, Inc., 19-cv-02421 (the “2019 N.D. Illinois Matter”), and has been coordinated with the initial matter filed in 2017 for trial purposes. On December 16, 2019, the Court granted the Company’s motion for leave to amend its complaint to add claims against Shure for intentional interference with prospective economic advantage and trade libel. On January 13, 2020, Shure moved to dismiss the Company’s new claims. <span style="color: #000000; font-family: 'Times New Roman', serif; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important; line-height: inherit;">On July 21, 2020, ClearOne informed the Court that it would proceed with its advertising-related claims in Delaware rather than Illinois. ClearOne thus filed a Second Amended Complaint removing the prospective economic advantage and trade libel claims. In July 2021, the parties completed briefing on Shure’s early motion to obtain summary judgment and dismissal of ClearOne’s trade secret misappropriation claims. Shure's motion is still pending. The parties’ claim construction briefing is also still pending. <p style="margin: 0in; color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; line-height: 12pt; font-size: 12pt; font-family: 'Times New Roman', serif;"> <div> <div style="border-left: none; border-right: none;"> </div> </div> Shure, Incorporated v. ClearOne, Inc., 19-cv-1343 (D. of Delaware) On July 18, 2019, Shure, Inc. filed a lawsuit against the Company in the U.S. Court for the District of Delaware alleging that ClearOne’s BMA CT product, launched in February of 2019, infringes Shure’s ’493 Patent and that ClearOne engaged in unfair competition, tortious interference, deceptive trade practices, and false advertising. The matter is Shure, Incorporated v. ClearOne, Inc., 19-cv-1343 (D. of Delaware). Shure is seeking monetary damages and injunctive relief. ClearOne successfully moved to stay Shure’s infringement claim relating to the ’493 Patent because the PTAB instituted inter partes review of the ’493 Patent. On November 19, 2019, the Court granted Shure’s request for leave to amend its complaint to add a claim of infringement of Shure’s recently issued U.S. Patent No. D865723 (the “Design Patent”) and additional claims of trade libel. In July 2020, the Company filed counterclaims accusing Shure of business torts based on false advertising. Both parties’ claims are still pending. The Company believes that Shure’s lawsuit is without merit and intends to vigorously defend itself. On April 14, 2020, Shure moved for a temporary restraining order and preliminary injunction to prevent the Company from selling the BMA CT and BMA CTH, alleging that these products infringed Shure’s Design Patent. The Company opposed the motions, and on May 1, Magistrate Judge Burke issued a report and recommendation denying Shure’s request for a temporary restraining order, finding that Shure had failed to show that it would suffer irreparable harm in the absence of injunctive relief and that ClearOne had raised a “substantial question” as to the validity of the Design Patent. On September 21, 2020, the Court held a hearing on Shure’s motion for a preliminary injunction seeking to enjoin further sale of the BMA CT and Versa bundles that included the BMA CTH. On January 20, 2021, Magistrate Judge Burke issued a report and recommendation denying Shure’s motion for failure to show both a likelihood of success on the merits and irreparable harm. After Shure did not file an objection to the report and recommendation, Judge Andrews adopted it and denied Shure’s preliminary injunction motion. Shure did not file a notice of appeal. On July 28, 2020, Judge Burke held a claim construction hearing on the Design Patent and issued a report and recommendation on claim construction in October 2020. Since neither party objected, the district court judge adopted the report and recommendation in November 2020. <div style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0pt; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; font-size: 10pt; margin: 4pt 0pt 10pt; line-height: 1;">On November 1, 2021, a jury trial commenced in the U.S. District Court for the District of Delaware on Shure’s claim of infringement and ClearOne's counterclaim of invalidity on the sole claim of U.S. Patent No. D865,723 (the “’723 patent”). On the third day of trial, November 3, 2021, a jury returned a verdict in favor of ClearOne on all issues. The jury found that ClearOne had not infringed the ’723 patent and that the ’723 patent was invalid.</div> <div style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0pt; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; font-size: 10pt; margin: 4pt 0pt 10pt; line-height: 1;"> Shortly before trial, Shure dropped its business tort claims against ClearOne, and ClearOne has asked the Court to dismiss Shure’s now withdrawn business tort claims with prejudice. That request is still pending. The Court also severed ClearOne’s business tort claims from the trial of Shure’s ’723 patent infringement claims, and the parties are waiting for the Court to schedule a trial on ClearOne’s business tort claims. Shure’s claim of infringement of U.S Patent No. 9,565,493 is stayed pending ClearOne’s appeal to the U.S. Court of Appeals for the Federal Circuit of the U.S. Patent and Trademark Office’s decision regarding the patentability of several amended claims of that patent in an inter partes review proceeding. That appeal is fully briefed, with the hearing held on April 7, 2022.</div> Shure, Incorporated v. ClearOne. Inc., PGR2020-00079 (PTAB) Also on July 28, 2020, Shure challenges the patentability of the Company’s U.S. Patent No. 10,728,653 in a post-grant review proceeding before the PTAB. The matter is Shure, Incorporated v. ClearOne. Inc., PGR2020-00079 (PTAB). The Company filed a preliminary response on November 17, 2020, and the PTAB instituted trial by an institution decision dated February 16, 2021. The institution decision found that five of the seven challenges in the petition were not reasonably likely to prevail, but instituted trial under its all-or-nothing institution policy. On February 14, 2022, the PTAB issued a final written decision, finding that Shure had not proved that any claims of the ’653 patent were unpatentable. On February 24, 2022, Shure filed a notice of appeal, indicating that it would appeal the final written decision to the Federal Circuit. The Company intends to continue to vigorously enforce and defend its intellectual property rights in these proceedings. <p style="margin: 0pt 0pt 8pt; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0pt; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; line-height: 1;">The Company capitalized $7,836 and $6,728 of litigation expenses related to this matter during the twelve months ended December 31, 2021 and 2020, respectively. In addition, the Company is also involved from time to time in various claims and legal proceedings which arise in the normal course of our business. Such matters are subject to many uncertainties and outcomes that are not predictable. However, based on the information available to us, we do not believe any such other proceedings will have a material adverse effect on our business, results of operations, financial position, or liquidity. <div style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; font-size: 10pt;"> <div style="border-left: none; border-right: none;"> <div style="position: relative; cursor: pointer;"> <div> Conclusion We believe there are no other items that will have a material adverse impact on the Company’s financial position or results of operations. Legal proceedings are subject to all of the risks and uncertainties of legal proceedings and there can be no assurance as to the probable result of any legal proceedings. The Company believes it has adequately accrued for the aforementioned contingent liabilities. If adverse outcomes were to occur, our financial position, results of operations and cash flows could be negatively affected materially for the period in which the adverse outcomes are known. </div> </div> </div> </div> <div> </div> </div>

7670000

895000

4452149.6 2 11 11 2 2 5 7 7836000 6728000

<div style="font-family: 'times new roman', times; font-size: 10pt;"> <span style="font-size: 10pt; font-family: 'Times New Roman', serif; color: #212529; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;">9. Debt <span style="color: #000000; font-family: 'Times New Roman', serif; font-size: 13.3333px; font-style: italic; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration: underline; display: inline !important; float: none;">Senior Convertible Notes and Warrants On December 17, 2019, the Company completed the issuance and sale of $3,000 aggregate principal amount of secured convertible notes of the Company (the “Notes”) and warrants (the “Warrants”) to purchase 340,909 shares of common stock, par value $0.001 per share of the Company (the “Common Stock”), in a private placement transaction. The Notes and Warrants were issued and sold to Edward D. Bagley, an affiliate of the Company, on the terms and conditions of a Note Purchase Agreement dated December 8, 2019 between the Company, certain subsidiary guarantors of the Company, and Mr. Bagley. Mr. Bagley is an affiliate of the Company and was the beneficial owner of approximately 46.6% of the Company’s issued and outstanding shares of Common Stock. </div> The Notes mature on December 17, 2023 (the “Maturity Date”) and accrue interest at a variable rate adjusted on a quarterly basis and equal to two and one-half percent (2.5%) over the greater of (x) five and one-quarter percent (5.25%) and (y) the Prime Rate as published in the Wall Street Journal (New York edition) as of the beginning of such calendar quarter. The Notes may be converted into shares of the Company’s Common Stock at any time at the election of Mr. Bagley at an initial conversion price of $2.11 per share (the “Conversion Price”), or 120% of the closing price of the Common Stock on December 6, 2019 as reported on the Nasdaq Capital Market. Also, the Company can cause a mandatory conversion of the Notes if the volume weighted average closing price of the Common Stock over 90 consecutive trading days exceeds 200% of the Conversion Price. In addition, the Notes may be redeemed by the Company for cash at any time after December 17, 2020 upon payment of the outstanding principal balance of the Notes and any unpaid and accrued interest. The Company also is required to redeem the Notes upon the occurrence of a change in control of the Company. The Warrants have an initial exercise price equal to $1.76, the closing price of the Common Stock on December 6, 2019 as reported on the Nasdaq Capital Market, and are exercisable until December 17, 2026. The Warrants must be exercised for cash, unless at the time of exercise there is not a then effective registration statement for the resale of the shares of Common Stock issuable upon exercise of the Warrants, in which case the Warrants may be exercised via a cashless exercise feature that provides for net settlement of the shares of Common Stock issuable upon exercise. Concurrent with the issuance of the Notes and Warrants pursuant to the Note Purchase Agreement, the Company, the Guarantors and Mr. Bagley entered into a Guaranty and Collateral Agreement (the “Collateral Agreement”) pursuant to which the Company and the Guarantors granted Mr. Bagley a first priority lien interest in all of the Company’s assets as security for the Company’s performance of its obligations under the Notes and Warrants. The net proceeds after original issue discount and issuance costs of $346 were approximately $2,654. The Company expects to use the proceeds from the sale of the Notes and Warrants for general corporate purposes and working capital. In accounting for the issuance of the Notes, the Company separated Notes and Warrants into liability and equity components. The carrying amount of Warrants, being an equity component, was first calculated using Black-Scholes method with the following assumptions: <table border="0" cellpadding="0" style="width: 50%; font-family: 'times new roman'; font-size: 10pt; margin-left: 0.1px; height: 72px;" width="50%"> <tbody> <tr style="height: 18px;"> <td style="background: #cceeff; padding: 0in; height: 18px;" valign="bottom"> Risk-free interest rate </td> <td style="background: #cceeff; padding: 0in; height: 18px;" valign="bottom"> 1.82% </td> </tr> <tr style="height: 18px;"> <td style="background: white; padding: 0in; height: 18px;" valign="bottom"> Expected life of Warrants (years) </td> <td style="background: white; padding: 0in; height: 18px;" valign="bottom"> 7 </td> </tr> <tr style="height: 18px;"> <td style="background: #cceeff; padding: 0in; height: 18px;" valign="bottom"> Expected price volatility </td> <td style="background: #cceeff; padding: 0in; height: 18px;" valign="bottom"> 49.94% </td> </tr> <tr style="height: 18px;"> <td style="background: white; padding: 0in; height: 18px;" valign="bottom"> Expected dividend yield </td> <td style="background: white; padding: 0in; height: 18px;" valign="bottom"> 0% </td> </tr> </tbody> </table> <div> <div style="border-left: none; border-right: none;"> </div> </div> The carrying amount of the Notes was then determined by deducting the fair value of the Warrants from the principal amount of the Notes. The carrying amount of the Notes was further separated into equity and liability components after separating the value of the conversion feature into an equity component and leaving the remaining value as liability. The equity component is not remeasured while the Notes and Warrants continue to meet the conditions for equity classification for equity components. The original issue discount and issuance costs are netted against the liability. The following table represents the carrying value of Notes and Warrants: <table border="0" cellpadding="0" style="height: 184px; width: 70%; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; margin: 0px 0px 0px 0.1px; text-indent: 0px;" width="70%"> <tbody> <tr style="height: 10px;"> <td style="padding: 0.75pt 0.75pt 0in 0in; height: 10px; width: 56.9311%;" valign="bottom"> </td> <td style="padding: 0.75pt 0.75pt 0in 0in; height: 10px; width: 1.04621%;" valign="bottom"> </td> <td colspan="2" style="border-top: none; border-right: none; border-left: none; border-image: initial; padding: 0.75pt 0.75pt 0in 0in; border-bottom: 1pt solid #000000; height: 10px; width: 19%;" valign="bottom"> December 31, 2021 </td> <td style="padding: 0.75pt 0.75pt 0in 0in; height: 10px; width: 1.04621%;" valign="bottom"> </td> <td style="padding: 0.75pt 0.75pt 0in 0in; height: 10px; width: 2.00523%;" valign="bottom"> </td> <td colspan="2" style="border-top: none; border-right: none; border-left: none; border-image: initial; padding: 0.75pt 0.75pt 0in 0in; border-bottom: 1pt solid #000000; height: 10px; width: 19%;" valign="bottom"> December 31, 2020 </td> <td style="padding: 0.75pt 0.75pt 0in 0in; height: 10px; width: 0.959024%;" valign="bottom"> </td> </tr> <tr style="height: 18px; background-color: #cff0fc;"> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 56.9311%;" valign="top"> Liability component: </td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 1.04621%;" valign="bottom"> </td> <td style="border: none; background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 1%;" valign="bottom"> </td> <td style="border-right: none; border-bottom: none; border-left: none; border-image: initial; border-top: 1pt solid black; background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 18%;" valign="bottom"> </td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 1.04621%;" valign="bottom"> </td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 2.00523%;" valign="bottom"> </td> <td style="border: none; background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 1%;" valign="bottom"> </td> <td style="border-right: none; border-bottom: none; border-left: none; border-image: initial; border-top: 1pt solid black; background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 18%;" valign="bottom"> </td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 0.959024%;" valign="bottom"> </td> </tr> <tr style="height: 18px;"> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 56.9311%;" valign="top"> Principal </td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 1.04621%;" valign="bottom"> </td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 1%;" valign="bottom"> $ </td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 18%;" valign="bottom"> 2,640 </td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 1.04621%;" valign="bottom"> </td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 2.00523%;" valign="bottom"> </td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 1%;" valign="bottom"> $ </td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 18%;" valign="bottom"> 3,000 </td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 0.959024%;" valign="bottom"> </td> </tr> <tr style="height: 18px; background-color: #cff0fc;"> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 56.9311%;" valign="top"> Less: debt discount and issuance costs, net of amortization </td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 1.04621%;" valign="bottom"> </td> <td style="border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid black; background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 1%;" valign="bottom"> </td> <td style="border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid black; background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 18%;" valign="bottom"> (385 </td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 1.04621%;" valign="bottom">)</td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 2.00523%;" valign="bottom"> </td> <td style="border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid black; background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 1%;" valign="bottom"> </td> <td style="border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid black; background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 18%;" valign="bottom"> (581 </td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 0.959024%;" valign="bottom">)</td> </tr> <tr style="height: 10px;"> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 10px; width: 56.9311%;" valign="top"> Net carrying amount </td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 10px; width: 1.04621%;" valign="bottom"> </td> <td style="border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 2.25pt double black; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 10px; width: 1%;" valign="bottom"> $ </td> <td style="border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 2.25pt double black; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 10px; width: 18%;" valign="bottom"> 2,255 </td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 10px; width: 1.04621%;" valign="bottom"> </td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 10px; width: 2.00523%;" valign="bottom"> </td> <td style="border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 2.25pt double black; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 10px; width: 1%;" valign="bottom"> $ </td> <td style="border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 2.25pt double black; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 10px; width: 18%;" valign="bottom"> 2,419 </td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 10px; width: 0.959024%;" valign="bottom"> </td> </tr> <tr style="height: 10px; background-color: #cff0fc;"> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 10px; width: 56.9311%;" valign="top"> Equity component(1): </td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 10px; width: 1.04621%;" valign="bottom"> </td> <td style="border: none; background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 10px; width: 1%;" valign="bottom"> </td> <td style="border: none; background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 10px; width: 18%;" valign="bottom"> </td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 10px; width: 1.04621%;" valign="bottom"> </td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 10px; width: 2.00523%;" valign="bottom"> </td> <td style="border: none; background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 10px; width: 1%;" valign="bottom"> </td> <td style="border: none; background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 10px; width: 18%;" valign="bottom"> </td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 10px; width: 0.959024%;" valign="bottom"> </td> </tr> <tr style="height: 18px;"> <td style="padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 56.9311%;" valign="top"> Warrants </td> <td style="padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 1.04621%;" valign="bottom"> </td> <td style="padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 1%;" valign="bottom"> $ </td> <td style="padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 18%;" valign="bottom"> 318 </td> <td style="padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 1.04621%;" valign="bottom"> </td> <td style="padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 2.00523%;" valign="bottom"> </td> <td style="padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 1%;" valign="bottom"> $ </td> <td style="padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 18%;" valign="bottom"> 318 </td> <td style="padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 0.959024%;" valign="bottom"> </td> </tr> <tr style="height: 18px; background-color: #cff0fc;"> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 56.9311%;" valign="top"> Conversion feature </td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 1.04621%;" valign="bottom"> </td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 1%;" valign="bottom"/> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 18%;" valign="bottom"> 122 </td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 1.04621%;" valign="bottom"> </td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 2.00523%;" valign="bottom"> </td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 1%;" valign="bottom"/> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 18%;" valign="bottom"> 122 </td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 0.959024%;" valign="bottom"> </td> </tr> <tr style="height: 10px;"> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 10px; width: 56.9311%;" valign="top"> Net carrying amount </td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 10px; width: 1.04621%;" valign="bottom"> </td> <td style="border-top: 1pt solid black; border-left: none; border-bottom: 2.25pt double black; border-right: none; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 10px; width: 1%;" valign="bottom"> $ </td> <td style="border-top: 1pt solid black; border-left: none; border-bottom: 2.25pt double black; border-right: none; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 10px; width: 18%;" valign="bottom"> 440 </td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 10px; width: 1.04621%;" valign="bottom"> </td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 10px; width: 2.00523%;" valign="bottom"> </td> <td style="border-top: 1pt solid black; border-left: none; border-bottom: 2.25pt double black; border-right: none; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 10px; width: 1%;" valign="bottom"> $ </td> <td style="border-top: 1pt solid black; border-left: none; border-bottom: 2.25pt double black; border-right: none; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 10px; width: 18%;" valign="bottom"> 440 </td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 10px; width: 0.959024%;" valign="bottom"> </td> </tr> <tr style="background-color: #cff0fc; height: 17px;"> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; width: 56.9311%; height: 17px;"> </td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; width: 1.04621%; height: 17px;"> </td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; width: 1%; height: 17px;"> </td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; width: 18%; height: 17px;"> </td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; width: 1.04621%; height: 17px;"> </td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; width: 2.00523%; height: 17px;"> </td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; width: 1%; height: 17px;"> </td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; width: 18%; height: 17px;"> </td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; width: 0.959024%; height: 17px;"> </td> </tr> <tr style="height: 10px;"> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; width: 56.9311%; height: 10px;">Current portion of liability component included under short-term debt</td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; width: 1.04621%; height: 10px;"> </td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; width: 1%; height: 10px;">$</td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; width: 18%; text-align: right; height: 10px;">720</td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; width: 1.04621%; height: 10px;"> </td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; width: 2.00523%; height: 10px;"> </td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; width: 1%; height: 10px;">$</td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; width: 18%; text-align: right; height: 10px;">360</td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; width: 0.959024%; height: 10px;"> </td> </tr> <tr style="background-color: #cff0fc; height: 10px;"> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; width: 56.9311%; height: 10px;">Long-term portion of liability component included under long-term debt</td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; width: 1.04621%; height: 10px;"> </td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; width: 1%; border-bottom: 1pt solid #000000; height: 10px;"> </td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; width: 18%; border-bottom: 1pt solid #000000; text-align: right; height: 10px;">1,920</td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; width: 1.04621%; height: 10px;"> </td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; width: 2.00523%; height: 10px;"> </td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; width: 1%; border-bottom: 1pt solid #000000; height: 10px;"> </td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; width: 18%; border-bottom: 1pt solid #000000; text-align: right; height: 10px;">2,059</td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; width: 0.959024%; height: 10px;"> </td> </tr> <tr style="height: 17px;"> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; width: 56.9311%; height: 17px;">Liability component total</td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; width: 1.04621%; height: 17px;"> </td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; width: 1%; border-bottom: 2.8pt double #000000; height: 17px;">$</td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; width: 18%; border-bottom: 2.8pt double #000000; text-align: right; height: 17px;">2,640</td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; width: 1.04621%; height: 17px;"> </td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; width: 2.00523%; height: 17px;"> </td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; width: 1%; border-bottom: 2.8pt double #000000; height: 17px;">$</td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; width: 18%; border-bottom: 2.8pt double #000000; text-align: right; height: 17px;">2,419</td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; width: 0.959024%; height: 17px;"> </td> </tr> </tbody> </table> (1) Recorded on the consolidated balance sheets as additional paid-in capital. Debt discount and issuance costs are amortized over the life of the note to interest expense using the effective interest method. During the twelve months December 31, 2021amortization of debt discount and issuance costs were $196 and $197 respectively. The following table represents schedule of maturities of principal amount contained in the Notes as of December 31, 2021: <table border="0" cellpadding="0" style="height: 100px; width: 65%; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; margin-left: 0.1px;" width="65%"> <tbody> <tr style="height: 27px;"> <td style="border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid windowtext; background: white; padding: 0.75pt 0.75pt 0in 0in; height: 27px;" valign="bottom"> Year ending December 31, </td> <td style="background: white; padding: 0.75pt 0.75pt 0in 0in; height: 27px;" valign="bottom"> </td> <td colspan="2" style="background: white; padding: 0.75pt 0.75pt 0in 0in; border-bottom: 1pt solid #000000; height: 27px;" valign="bottom"> Principal Amount Maturing </td> <td style="background: white; padding: 0.75pt 0.75pt 0in 0in; height: 27px;" valign="bottom"> </td> </tr> <tr style="height: 18px; background-color: #cff0fc;"> <td style="border: none; background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 76%;" valign="top"> 2022 </td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 2%;" valign="bottom"> </td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 1%;" valign="bottom"> $ </td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 20%;" valign="bottom"> 720 </td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 1%;" valign="bottom"> </td> </tr> <tr style="height: 18px;"> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 18px;" valign="top"> 2023 </td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 18px;" valign="bottom"> </td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 18px;" valign="bottom"> </td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 18px;" valign="bottom"> 1,920 </td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 18px;" valign="bottom"> </td> </tr> <tr style="height: 19px;"> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 19px;" valign="top"> Net carrying amount </td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 19px;" valign="bottom"> </td> <td style="border-top: 1pt solid black; border-left: none; border-bottom: 2.25pt double black; border-right: none; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 19px;" valign="bottom"> $ </td> <td style="border-top: 1pt solid black; border-left: none; border-bottom: 2.25pt double black; border-right: none; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 19px;" valign="bottom"> 2,640 </td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 19px;" valign="bottom"> </td> </tr> </tbody> </table> <div style="border-right: none; border-left: none;"> <p style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin: 0in 0in 0.0001pt; line-height: normal; font-size: 11pt; font-family: Calibri, sans-serif;">Short-term Bridge Loan <p style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin: 0px; text-align: justify; font-size: 8pt; font-family: 'Times New Roman', serif;"> <p style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin: 0in 0in 0.0001pt; text-align: justify; text-indent: 0.25in; line-height: 1; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; text-align: start; text-indent: 48px; font-family: 'Times New Roman'; line-height: inherit;">On July 2, 2021, the Company obtained a bridge loan in the principal amount of $2,000 from Edward D. Bagley (the “Bridge Loan”), <span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; text-align: start; text-indent: 48px; font-family: 'Times New Roman'; line-height: inherit;">an affiliate of the C<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; text-align: start; text-indent: 48px; font-family: 'Times New Roman'; line-height: inherit;">ompany. <span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; text-align: start; text-indent: 48px; font-family: 'Times New Roman'; line-height: inherit;">The Bridge Loan is evidenced by a promissory note dated July 2, 2021 (the “Note”) issued by the Company to Mr. Bagley.<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; text-align: start; text-indent: 48px; font-family: 'Times New Roman'; line-height: inherit;"> <span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; text-align: start; text-indent: 48px; font-family: 'Times New Roman'; line-height: inherit;">The Note bears<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; text-align: start; text-indent: 48px; font-family: 'Times New Roman'; line-height: inherit;"> interests at a rate of 8.0% per annum, matures on the earlier to occur of (i) <span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; text-align: start; text-indent: 48px; font-family: 'Times New Roman'; line-height: inherit;">October 1<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; text-align: start; text-indent: 48px; font-family: 'Times New Roman'; line-height: inherit;">, 2021<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; text-align: start; text-indent: 48px; font-family: 'Times New Roman'; line-height: inherit;"> or (ii) within two business days of the Company’s receipt of its expected <span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; text-align: start; text-indent: 48px; font-family: 'Times New Roman'; line-height: inherit;">U.S. federal income tax refund, and contains other customary covenants and even<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; text-align: start; text-indent: 48px; font-family: 'Times New Roman'; line-height: inherit;">ts of default<span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; text-align: start; text-indent: 48px; font-family: 'Times New Roman'; line-height: inherit;">. <span style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important; line-height: inherit;">On September 11, 2021, the Company amended and restated the terms of the Bridge Loan to extend the latest maturity date from October 1, 2021 to January 3, 2022. All other terms and conditions of the Bridge Loan remained the same. This Bridge Loan of $2,000 is included under short-term debt. <span style="color: #000000; font-family: 'Times New Roman', serif; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">As further discussed in <a href="#Note%2016%20-%20Subsequent%20Events" style="font-family: 'Times New Roman', serif; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff;">Note 16 - Subsequent Events</a><span style="color: #000000; font-family: 'Times New Roman', serif; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">, this Bridge Loan was cancelled on January 4, 2022. <p style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin: 0in 0in 0.0001pt; text-align: justify; text-indent: 0.25in; line-height: 1; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; text-align: start; text-indent: 48px; font-family: 'Times New Roman'; line-height: inherit;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important; line-height: inherit;"><span style="color: #000000; font-family: 'Times New Roman', serif; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"> <p style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin: 0in 0in 0.0001pt; text-align: justify; text-indent: 0.25in; line-height: normal; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13.3333px; text-align: start; text-indent: 48px; font-family: 'Times New Roman';"><span style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"> <p style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin: 0in 0in 0.0001pt; line-height: normal; font-size: 11pt; font-family: Calibri, sans-serif;">Paycheck Protection Program Loan <p style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin: 0in 0in 0.0001pt; text-align: justify; line-height: normal; font-size: 11pt; font-family: Calibri, sans-serif;"> <p style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin: 0in 0in 0.0001pt; text-align: justify; text-indent: 0.25in; line-height: 1; font-size: 11pt; font-family: Calibri, sans-serif;">On April 18, 2020, the Company, entered into a loan agreement with U.S. Bank National Association Bank, which provided for a loan in the principal amount of $1,499 (“PPP Loan”) pursuant to the Paycheck Protection Program under Division A, Title I of the CARES Act, which was enacted March 27, 2020. The PPP Loan has a two-year term and bears interest at a rate of 1.0% per annum. Monthly principal and interest payments are deferred for approximately sixteen months after the date of disbursement. <p style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin: 0in 0in 0.0001pt; text-align: justify; line-height: normal; font-size: 11pt; font-family: Calibri, sans-serif;"> <p style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin: 0in 0in 0.0001pt; text-align: justify; text-indent: 0.25in; line-height: 1; font-size: 11pt; font-family: Calibri, sans-serif;">The PPP Loan may be prepaid at any time prior to maturity with no prepayment penalties. The PPP Loan contains events of default and other provisions customary for a loan of this type. The Paycheck Protection Program provides that the Loans may be partially or wholly forgiven if the funds are used for certain qualifying expenses as described in the CARES Act. The Company used the entire PPP Loan amount for qualifying expenses and intends to apply for forgiveness of the PPP Loan in accordance with the terms of the CARES Act. <div> <table border="0" cellpadding="0" class="finTable" style="height: 63px; width: 90%; border-collapse: collapse; font-size: 10pt; font-family: 'times new roman'; text-indent: 0px; margin-left: 0.1px;"> <tbody> <tr style="vertical-align: bottom; height: 18px;"> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 18px; width: 1090.91px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 18px; width: 12.7273px;"> </td> <td colspan="2" style="text-align: center; font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 18px; width: 224.848px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"> December 31, 2021 </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 1px; height: 18px; width: 30.9091px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 1px; height: 18px; width: 12.7273px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 1px; height: 18px; width: 12.7273px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 1px; text-align: center; height: 18px; width: 210.303px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">December 31, 2020</td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 1px; height: 18px; width: 32.1212px;"> </td> </tr> <tr style="vertical-align: bottom; background-color: #cceeff; height: 17px;"> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 17px; width: 1090.91px;"> Current portion of the PPP Loan included under short-term debt </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 17px; width: 12.7273px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 17px; width: 14.5455px;">$</td> <td style="text-align: right; font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 17px; width: 209.697px;">761</td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 17px; width: 30.9091px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 17px; width: 12.7273px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 17px; width: 12.7273px;">$</td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; text-align: right; height: 17px; width: 210.303px; padding: 0px; vertical-align: bottom;" valign="bottom">312</td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 17px; width: 32.1212px;"> </td> </tr> <tr style="vertical-align: bottom; background-color: #ffffff; height: 18px;"> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 18px; width: 1090.91px;"> Long-term portion of the PPP Loan included under long-term debt </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 18px; width: 12.7273px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 18px; width: 14.5455px;"> </td> <td style="text-align: right; font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 18px; width: 209.697px;">—</td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; height: 18px; width: 30.9091px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; height: 18px; width: 12.7273px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; height: 18px; width: 12.7273px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding: 0px; margin-left: 0pt; text-align: right; height: 18px; width: 210.303px; vertical-align: bottom;" valign="bottom">1,187</td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; height: 18px; width: 32.1212px;"> </td> </tr> <tr style="vertical-align: bottom; background-color: #cceeff; height: 10px;"> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 10px; width: 1090.91px;"> Total </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 10px; width: 12.7273px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 10px; width: 14.5455px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">$</td> <td style="text-align: right; font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 10px; width: 209.697px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">761</td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; height: 10px; width: 30.9091px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; height: 10px; width: 12.7273px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; height: 10px; width: 12.7273px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">$</td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding: 0px; margin-left: 0pt; text-align: right; height: 10px; width: 210.303px; vertical-align: bottom; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;" valign="bottom">1,499</td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; height: 10px; width: 32.1212px;"> </td> </tr> </tbody> </table> </div> </div>

3000000

340909

0.001

0.466

0.025

0.0525

Prime Rate

2.11

1.20

1.76

346000

2654000

<table border="0" cellpadding="0" style="width: 50%; font-family: 'times new roman'; font-size: 10pt; margin-left: 0.1px; height: 72px;" width="50%"> <tbody> <tr style="height: 18px;"> <td style="background: #cceeff; padding: 0in; height: 18px;" valign="bottom"> Risk-free interest rate </td> <td style="background: #cceeff; padding: 0in; height: 18px;" valign="bottom"> 1.82% </td> </tr> <tr style="height: 18px;"> <td style="background: white; padding: 0in; height: 18px;" valign="bottom"> Expected life of Warrants (years) </td> <td style="background: white; padding: 0in; height: 18px;" valign="bottom"> 7 </td> </tr> <tr style="height: 18px;"> <td style="background: #cceeff; padding: 0in; height: 18px;" valign="bottom"> Expected price volatility </td> <td style="background: #cceeff; padding: 0in; height: 18px;" valign="bottom"> 49.94% </td> </tr> <tr style="height: 18px;"> <td style="background: white; padding: 0in; height: 18px;" valign="bottom"> Expected dividend yield </td> <td style="background: white; padding: 0in; height: 18px;" valign="bottom"> 0% </td> </tr> </tbody> </table> 0.0182

P7Y

0.4994 0

<table border="0" cellpadding="0" style="height: 184px; width: 70%; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; margin: 0px 0px 0px 0.1px; text-indent: 0px;" width="70%"> <tbody> <tr style="height: 10px;"> <td style="padding: 0.75pt 0.75pt 0in 0in; height: 10px; width: 56.9311%;" valign="bottom"> </td> <td style="padding: 0.75pt 0.75pt 0in 0in; height: 10px; width: 1.04621%;" valign="bottom"> </td> <td colspan="2" style="border-top: none; border-right: none; border-left: none; border-image: initial; padding: 0.75pt 0.75pt 0in 0in; border-bottom: 1pt solid #000000; height: 10px; width: 19%;" valign="bottom"> December 31, 2021 </td> <td style="padding: 0.75pt 0.75pt 0in 0in; height: 10px; width: 1.04621%;" valign="bottom"> </td> <td style="padding: 0.75pt 0.75pt 0in 0in; height: 10px; width: 2.00523%;" valign="bottom"> </td> <td colspan="2" style="border-top: none; border-right: none; border-left: none; border-image: initial; padding: 0.75pt 0.75pt 0in 0in; border-bottom: 1pt solid #000000; height: 10px; width: 19%;" valign="bottom"> December 31, 2020 </td> <td style="padding: 0.75pt 0.75pt 0in 0in; height: 10px; width: 0.959024%;" valign="bottom"> </td> </tr> <tr style="height: 18px; background-color: #cff0fc;"> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 56.9311%;" valign="top"> Liability component: </td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 1.04621%;" valign="bottom"> </td> <td style="border: none; background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 1%;" valign="bottom"> </td> <td style="border-right: none; border-bottom: none; border-left: none; border-image: initial; border-top: 1pt solid black; background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 18%;" valign="bottom"> </td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 1.04621%;" valign="bottom"> </td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 2.00523%;" valign="bottom"> </td> <td style="border: none; background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 1%;" valign="bottom"> </td> <td style="border-right: none; border-bottom: none; border-left: none; border-image: initial; border-top: 1pt solid black; background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 18%;" valign="bottom"> </td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 0.959024%;" valign="bottom"> </td> </tr> <tr style="height: 18px;"> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 56.9311%;" valign="top"> Principal </td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 1.04621%;" valign="bottom"> </td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 1%;" valign="bottom"> $ </td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 18%;" valign="bottom"> 2,640 </td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 1.04621%;" valign="bottom"> </td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 2.00523%;" valign="bottom"> </td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 1%;" valign="bottom"> $ </td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 18%;" valign="bottom"> 3,000 </td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 0.959024%;" valign="bottom"> </td> </tr> <tr style="height: 18px; background-color: #cff0fc;"> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 56.9311%;" valign="top"> Less: debt discount and issuance costs, net of amortization </td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 1.04621%;" valign="bottom"> </td> <td style="border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid black; background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 1%;" valign="bottom"> </td> <td style="border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid black; background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 18%;" valign="bottom"> (385 </td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 1.04621%;" valign="bottom">)</td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 2.00523%;" valign="bottom"> </td> <td style="border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid black; background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 1%;" valign="bottom"> </td> <td style="border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid black; background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 18%;" valign="bottom"> (581 </td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 0.959024%;" valign="bottom">)</td> </tr> <tr style="height: 10px;"> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 10px; width: 56.9311%;" valign="top"> Net carrying amount </td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 10px; width: 1.04621%;" valign="bottom"> </td> <td style="border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 2.25pt double black; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 10px; width: 1%;" valign="bottom"> $ </td> <td style="border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 2.25pt double black; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 10px; width: 18%;" valign="bottom"> 2,255 </td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 10px; width: 1.04621%;" valign="bottom"> </td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 10px; width: 2.00523%;" valign="bottom"> </td> <td style="border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 2.25pt double black; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 10px; width: 1%;" valign="bottom"> $ </td> <td style="border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 2.25pt double black; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 10px; width: 18%;" valign="bottom"> 2,419 </td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 10px; width: 0.959024%;" valign="bottom"> </td> </tr> <tr style="height: 10px; background-color: #cff0fc;"> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 10px; width: 56.9311%;" valign="top"> Equity component(1): </td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 10px; width: 1.04621%;" valign="bottom"> </td> <td style="border: none; background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 10px; width: 1%;" valign="bottom"> </td> <td style="border: none; background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 10px; width: 18%;" valign="bottom"> </td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 10px; width: 1.04621%;" valign="bottom"> </td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 10px; width: 2.00523%;" valign="bottom"> </td> <td style="border: none; background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 10px; width: 1%;" valign="bottom"> </td> <td style="border: none; background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 10px; width: 18%;" valign="bottom"> </td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 10px; width: 0.959024%;" valign="bottom"> </td> </tr> <tr style="height: 18px;"> <td style="padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 56.9311%;" valign="top"> Warrants </td> <td style="padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 1.04621%;" valign="bottom"> </td> <td style="padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 1%;" valign="bottom"> $ </td> <td style="padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 18%;" valign="bottom"> 318 </td> <td style="padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 1.04621%;" valign="bottom"> </td> <td style="padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 2.00523%;" valign="bottom"> </td> <td style="padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 1%;" valign="bottom"> $ </td> <td style="padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 18%;" valign="bottom"> 318 </td> <td style="padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 0.959024%;" valign="bottom"> </td> </tr> <tr style="height: 18px; background-color: #cff0fc;"> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 56.9311%;" valign="top"> Conversion feature </td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 1.04621%;" valign="bottom"> </td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 1%;" valign="bottom"/> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 18%;" valign="bottom"> 122 </td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 1.04621%;" valign="bottom"> </td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 2.00523%;" valign="bottom"> </td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 1%;" valign="bottom"/> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 18%;" valign="bottom"> 122 </td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 0.959024%;" valign="bottom"> </td> </tr> <tr style="height: 10px;"> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 10px; width: 56.9311%;" valign="top"> Net carrying amount </td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 10px; width: 1.04621%;" valign="bottom"> </td> <td style="border-top: 1pt solid black; border-left: none; border-bottom: 2.25pt double black; border-right: none; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 10px; width: 1%;" valign="bottom"> $ </td> <td style="border-top: 1pt solid black; border-left: none; border-bottom: 2.25pt double black; border-right: none; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 10px; width: 18%;" valign="bottom"> 440 </td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 10px; width: 1.04621%;" valign="bottom"> </td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 10px; width: 2.00523%;" valign="bottom"> </td> <td style="border-top: 1pt solid black; border-left: none; border-bottom: 2.25pt double black; border-right: none; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 10px; width: 1%;" valign="bottom"> $ </td> <td style="border-top: 1pt solid black; border-left: none; border-bottom: 2.25pt double black; border-right: none; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 10px; width: 18%;" valign="bottom"> 440 </td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 10px; width: 0.959024%;" valign="bottom"> </td> </tr> <tr style="background-color: #cff0fc; height: 17px;"> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; width: 56.9311%; height: 17px;"> </td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; width: 1.04621%; height: 17px;"> </td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; width: 1%; height: 17px;"> </td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; width: 18%; height: 17px;"> </td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; width: 1.04621%; height: 17px;"> </td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; width: 2.00523%; height: 17px;"> </td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; width: 1%; height: 17px;"> </td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; width: 18%; height: 17px;"> </td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; width: 0.959024%; height: 17px;"> </td> </tr> <tr style="height: 10px;"> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; width: 56.9311%; height: 10px;">Current portion of liability component included under short-term debt</td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; width: 1.04621%; height: 10px;"> </td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; width: 1%; height: 10px;">$</td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; width: 18%; text-align: right; height: 10px;">720</td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; width: 1.04621%; height: 10px;"> </td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; width: 2.00523%; height: 10px;"> </td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; width: 1%; height: 10px;">$</td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; width: 18%; text-align: right; height: 10px;">360</td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; width: 0.959024%; height: 10px;"> </td> </tr> <tr style="background-color: #cff0fc; height: 10px;"> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; width: 56.9311%; height: 10px;">Long-term portion of liability component included under long-term debt</td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; width: 1.04621%; height: 10px;"> </td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; width: 1%; border-bottom: 1pt solid #000000; height: 10px;"> </td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; width: 18%; border-bottom: 1pt solid #000000; text-align: right; height: 10px;">1,920</td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; width: 1.04621%; height: 10px;"> </td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; width: 2.00523%; height: 10px;"> </td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; width: 1%; border-bottom: 1pt solid #000000; height: 10px;"> </td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; width: 18%; border-bottom: 1pt solid #000000; text-align: right; height: 10px;">2,059</td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; width: 0.959024%; height: 10px;"> </td> </tr> <tr style="height: 17px;"> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; width: 56.9311%; height: 17px;">Liability component total</td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; width: 1.04621%; height: 17px;"> </td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; width: 1%; border-bottom: 2.8pt double #000000; height: 17px;">$</td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; width: 18%; border-bottom: 2.8pt double #000000; text-align: right; height: 17px;">2,640</td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; width: 1.04621%; height: 17px;"> </td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; width: 2.00523%; height: 17px;"> </td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; width: 1%; border-bottom: 2.8pt double #000000; height: 17px;">$</td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; width: 18%; border-bottom: 2.8pt double #000000; text-align: right; height: 17px;">2,419</td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; width: 0.959024%; height: 17px;"> </td> </tr> </tbody> </table>

2640000

3000000

385000

581000

2255000

2419000

318000 318000 122000 122000

440000

720000

360000

1920000

2059000

2640000

2419000

196000

197000

<table border="0" cellpadding="0" style="height: 100px; width: 65%; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; margin-left: 0.1px;" width="65%"> <tbody> <tr style="height: 27px;"> <td style="border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid windowtext; background: white; padding: 0.75pt 0.75pt 0in 0in; height: 27px;" valign="bottom"> Year ending December 31, </td> <td style="background: white; padding: 0.75pt 0.75pt 0in 0in; height: 27px;" valign="bottom"> </td> <td colspan="2" style="background: white; padding: 0.75pt 0.75pt 0in 0in; border-bottom: 1pt solid #000000; height: 27px;" valign="bottom"> Principal Amount Maturing </td> <td style="background: white; padding: 0.75pt 0.75pt 0in 0in; height: 27px;" valign="bottom"> </td> </tr> <tr style="height: 18px; background-color: #cff0fc;"> <td style="border: none; background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 76%;" valign="top"> 2022 </td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 2%;" valign="bottom"> </td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 1%;" valign="bottom"> $ </td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 20%;" valign="bottom"> 720 </td> <td style="background: #cff0fc; padding: 0.75pt 0.75pt 0in 0in; height: 18px; width: 1%;" valign="bottom"> </td> </tr> <tr style="height: 18px;"> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 18px;" valign="top"> 2023 </td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 18px;" valign="bottom"> </td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 18px;" valign="bottom"> </td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 18px;" valign="bottom"> 1,920 </td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 18px;" valign="bottom"> </td> </tr> <tr style="height: 19px;"> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 19px;" valign="top"> Net carrying amount </td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 19px;" valign="bottom"> </td> <td style="border-top: 1pt solid black; border-left: none; border-bottom: 2.25pt double black; border-right: none; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 19px;" valign="bottom"> $ </td> <td style="border-top: 1pt solid black; border-left: none; border-bottom: 2.25pt double black; border-right: none; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 19px;" valign="bottom"> 2,640 </td> <td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.75pt 0.75pt 0in 0in; height: 19px;" valign="bottom"> </td> </tr> </tbody> </table>

720000

1920000

2640000

2000000

2021-07-02

0.08

2021-10-01

2022-01-03

2000000

1499000

0.01

<table border="0" cellpadding="0" class="finTable" style="height: 63px; width: 90%; border-collapse: collapse; font-size: 10pt; font-family: 'times new roman'; text-indent: 0px; margin-left: 0.1px;"> <tbody> <tr style="vertical-align: bottom; height: 18px;"> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 18px; width: 1090.91px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 18px; width: 12.7273px;"> </td> <td colspan="2" style="text-align: center; font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 18px; width: 224.848px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"> December 31, 2021 </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 1px; height: 18px; width: 30.9091px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 1px; height: 18px; width: 12.7273px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 1px; height: 18px; width: 12.7273px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 1px; text-align: center; height: 18px; width: 210.303px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">December 31, 2020</td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 1px; height: 18px; width: 32.1212px;"> </td> </tr> <tr style="vertical-align: bottom; background-color: #cceeff; height: 17px;"> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 17px; width: 1090.91px;"> Current portion of the PPP Loan included under short-term debt </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 17px; width: 12.7273px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 17px; width: 14.5455px;">$</td> <td style="text-align: right; font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 17px; width: 209.697px;">761</td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 17px; width: 30.9091px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 17px; width: 12.7273px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 17px; width: 12.7273px;">$</td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; text-align: right; height: 17px; width: 210.303px; padding: 0px; vertical-align: bottom;" valign="bottom">312</td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 17px; width: 32.1212px;"> </td> </tr> <tr style="vertical-align: bottom; background-color: #ffffff; height: 18px;"> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 18px; width: 1090.91px;"> Long-term portion of the PPP Loan included under long-term debt </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 18px; width: 12.7273px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 18px; width: 14.5455px;"> </td> <td style="text-align: right; font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 18px; width: 209.697px;">—</td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; height: 18px; width: 30.9091px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; height: 18px; width: 12.7273px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; height: 18px; width: 12.7273px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding: 0px; margin-left: 0pt; text-align: right; height: 18px; width: 210.303px; vertical-align: bottom;" valign="bottom">1,187</td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; height: 18px; width: 32.1212px;"> </td> </tr> <tr style="vertical-align: bottom; background-color: #cceeff; height: 10px;"> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 10px; width: 1090.91px;"> Total </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 10px; width: 12.7273px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; height: 10px; width: 14.5455px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">$</td> <td style="text-align: right; font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-left: 0pt; height: 10px; width: 209.697px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">761</td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; height: 10px; width: 30.9091px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; height: 10px; width: 12.7273px;"> </td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; height: 10px; width: 12.7273px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">$</td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding: 0px; margin-left: 0pt; text-align: right; height: 10px; width: 210.303px; vertical-align: bottom; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;" valign="bottom">1,499</td> <td style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; height: 10px; width: 32.1212px;"> </td> </tr> </tbody> </table>

761000

312000

1187000

761000

1499000

10. Share-Based Payments Employee Stock Option Plans The Company’s share-based incentive plan offering stock options is primarily through 2007 Equity Incentive Plan (the “2007 Plan”). Under this plan, one new share is issued for each stock option exercised. The plan is described below. The 2007 Plan was restated and approved by the shareholders on December 12, 2016. Provisions of the restated 2007 Plan include the granting of up to 2,000,000 incentive and non-qualified stock options, stock appreciation rights, restricted stock and restricted stock units. Options may be granted to employees, officers, non-employee directors and other service providers and may be granted upon such terms as the Compensation Committee of the Board of Directors determines in their sole discretion. All vesting schedules for options granted are based on 3 or 4-year vesting schedules, with either one-third or one-fourth vesting on the first anniversary and the remaining options vesting ratably over the remainder of the vesting term. Generally, directors and officers have 3-year vesting schedules and all other employees have 4-year vesting schedules. Additionally, in the event of a change in control or the occurrence of a corporate transaction, the Company’s Board of Directors has the authority to elect that all unvested options shall vest and become exercisable immediately prior to the event or closing of the transaction. As of December 31, 2021, the Company had 471,071 options with contractual lives of ten years and 360,000 options with contractual lives of 6 years. <p style="margin: 0px; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;"> <p style="margin: 0px; color: rgb(0, 0, 0); font-family: "times new roman", times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; line-height: 1;">As of December 31, 2021, there were 831,071 options outstanding under the 2007 Plan. As of December 31, 2021, the 2007 Plan had 633,783 authorized unissued options. <p style="margin: 0px; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;"> <p style="margin: 0px; color: rgb(0, 0, 0); font-family: "times new roman", times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; line-height: 1;">The Company uses judgment in determining the fair value of the share-based payments on the date of grant using an option-pricing model with assumptions regarding a number of highly complex and subjective variables. These variables include, but are not limited to, the risk-free interest rate of the awards, the expected life of the awards, the expected volatility over the term of the awards, and the expected dividends of the awards. The Company uses the Black-Scholes option pricing model to determine the fair value of share-based payments granted under the guidelines of ASC Topic 718. <div> <div id="t_ft_YZRR7U2TU800000000000000000000b"> </div> </div> <span style="color: rgb(0, 0, 0); font-family: "Times New Roman", Times, serif; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important; line-height: inherit;"><span style="color: rgb(0, 0, 0); font-family: "Times New Roman"; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important; line-height: inherit;">The Company granted 50,000 options during the year ended December 31, 2021. In applying the Black-Scholes methodology to the options granted during the year ended December 31, 2021, the Company used the following assumptions: <span style="color: #000000; font-family: 'Times New Roman', Times, serif; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; display: inline !important; float: none;"> <table cellpadding="0" style="width: 50%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt; height: 68px;"> <tbody> <tr style="height: 17px; background-color: #cceeff;"> <td style="width: 66.063%; height: 17px; background-color: #cceeff;">Risk free interest rate, average</td> <td class="ng-scope" style="width: 33.937%; height: 17px; background-color: #cceeff;">0.84%</td> </tr> <tr style="height: 17px;"> <td style="width: 66.063%; height: 17px;">Expected option life, average</td> <td style="width: 33.937%; height: 17px;">5 years</td> </tr> <tr style="height: 17px; background-color: #cceeff;"> <td style="width: 66.063%; height: 17px; background-color: #cceeff;">Expected price volatility, average</td> <td class="ng-scope" style="width: 33.937%; height: 17px; background-color: #cceeff;">69.74%</td> </tr> <tr style="height: 17px;"> <td style="width: 66.063%; height: 17px;">Expected dividend yield</td> <td class="ng-scope" style="width: 33.937%; height: 17px;">0%</td> </tr> </tbody> </table> The risk-free interest rate is determined using the U.S. Treasury rate in effect as of the date of the grant, based on the expected life of the stock option. The expected life of the stock option is determined using historical data. The expected price volatility is determined using a weighted average of daily historical volatility of the Company’s stock price over the corresponding expected option life. Under guidelines of ASC Topic 718, the Company recognizes the associated compensation cost for only those awards expected to vest on a straight-line basis over the underlying requisite service period. The Company estimated the forfeiture rates based on its historical experience and expectations about future forfeitures. The following table shows the stock option activity: <table cellpadding="0" style="border-collapse: collapse; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 296px;" width="100%"> <tbody> <tr style="height: 50px;"> <td style="padding: 0.25pt; vertical-align: bottom; width: 44%; height: 50px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 50px;"> </td> <td colspan="2" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 12%; height: 50px;"> Number of Shares </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; width: 1.47929%; height: 50px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 50px;"> </td> <td colspan="2" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 12.1029%; height: 50px;"> Weighted Average Exercise Price </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; width: 1.40083%; height: 50px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 50px;"> </td> <td colspan="2" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 12%; height: 50px;"> Weighted Average Remaining Contractual Term (Years) </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; width: 1%; height: 50px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 50px;"> </td> <td colspan="2" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 12.02%; height: 50px;"> Aggregate Intrinsic Value </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; width: 1.48368%; height: 50px;"> </td> </tr> <tr style="background-color: #cceeff; height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; width: 44%; background-color: #cceeff; height: 16px;"> As of December 31, 2019 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; background-color: #cceeff; height: 16px;"> 544,647 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.47929%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.02%; background-color: #cceeff; height: 16px;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11.0829%; background-color: #cceeff; height: 16px;"> 9.01 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.40083%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; background-color: #cceeff; height: 16px;"> 4.93 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.02%; background-color: #cceeff; height: 16px;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; background-color: #cceeff; height: 16px;"> — </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.48368%; background-color: #cceeff; height: 16px;"> </td> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; width: 44%; height: 16px;"> Granted </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; height: 16px;"> 337,500 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.47929%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.02%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11.0829%; height: 16px;"> 2.50 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.40083%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.02%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.48368%; height: 16px;"> </td> </tr> <tr style="background-color: #cceeff; height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; width: 44%; background-color: #cceeff; height: 16px;"> Expired and canceled </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; background-color: #cceeff; height: 16px;"> (38,701 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.47929%; background-color: #cceeff; height: 16px;"> ) </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.02%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11.0829%; background-color: #cceeff; height: 16px;"> 4.81 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.40083%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.02%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.48368%; background-color: #cceeff; height: 16px;"> </td> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; width: 44%; height: 16px;"> Forfeited prior to vesting </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; height: 16px;"> — </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.47929%; height: 16px;"/> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.02%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11.0829%; height: 16px;"> — </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.40083%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.02%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.48368%; height: 16px;"> </td> </tr> <tr style="background-color: #cceeff; height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; width: 44%; background-color: #cceeff; height: 17px;"> Exercised </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 11%; background-color: #cceeff; height: 17px;"> — </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; width: 1.47929%; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 1.02%; background-color: #cceeff; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 11.0829%; background-color: #cceeff; height: 17px;"> — </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; width: 1.40083%; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 11%; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 1.02%; background-color: #cceeff; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 11%; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; width: 1.48368%; background-color: #cceeff; height: 17px;"> </td> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; width: 44%; height: 16px;"> As of December 31, 2020 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; height: 16px;"> 843,446 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.47929%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.02%; height: 16px;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11.0829%; height: 16px;"> 6.60 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.40083%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; height: 16px;"> 4.91 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.02%; height: 16px;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; height: 16px;"> — </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.48368%; height: 16px;"> </td> </tr> <tr style="background-color: #cceeff; height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; width: 44%; background-color: #cceeff; height: 16px;"> Granted </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; background-color: #cceeff; height: 16px;"> 50,000 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.47929%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.02%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11.0829%; background-color: #cceeff; height: 16px;"> 2.30 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.40083%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.02%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.48368%; background-color: #cceeff; height: 16px;"> </td> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; width: 44%; height: 16px;"> Expired and canceled </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; height: 16px;"> (34,875 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.47929%; height: 16px;">)</td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.02%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11.0829%; height: 16px;"> 6.70 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.40083%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.02%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.48368%; height: 16px;"> </td> </tr> <tr style="background-color: #cceeff; height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; width: 44%; background-color: #cceeff; height: 16px;"> Forfeited prior to vesting </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; background-color: #cceeff; height: 16px;"> (27,500 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.47929%; background-color: #cceeff; height: 16px;">)</td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.02%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11.0829%; background-color: #cceeff; height: 16px;"> 2.50 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.40083%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.02%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.48368%; background-color: #cceeff; height: 16px;"> </td> </tr> <tr style="height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; width: 44%; height: 17px;"> Exercised </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 1%; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 11%; height: 17px;"> — </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; width: 1.47929%; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 1.02%; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 11.0829%; height: 17px;"> — </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; width: 1.40083%; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 1%; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 11%; height: 17px;"> </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; width: 1%; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 1.02%; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 11%; height: 17px;"> </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; width: 1.48368%; height: 17px;"> </td> </tr> <tr style="background-color: #cceeff; height: 19px;"> <td style="padding: 0.25pt; vertical-align: bottom; width: 44%; background-color: #cceeff; height: 19px;"> As of December 31, 2021 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 19px;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 19px;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; width: 11%; background-color: #cceeff; height: 19px;"> 831,071 </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; width: 1.47929%; background-color: #cceeff; height: 19px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 19px;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; width: 1.02%; background-color: #cceeff; height: 19px;"> $ </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; width: 11.0829%; background-color: #cceeff; height: 19px;"> 6.47 </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; width: 1.40083%; background-color: #cceeff; height: 19px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 19px;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 19px;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; width: 11%; background-color: #cceeff; height: 19px;"> 4.10 </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 19px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 19px;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; width: 1.02%; background-color: #cceeff; height: 19px;"> $ </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; width: 11%; background-color: #cceeff; height: 19px;"> — </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; width: 1.48368%; background-color: #cceeff; height: 19px;"> </td> </tr> <tr style="height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; width: 44%; height: 17px;"> Vested and Expected to Vest at December 31, 2020 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; height: 17px;"> 843,446 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.47929%; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.02%; height: 17px;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11.0829%; height: 17px;"> 6.60 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.40083%; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; height: 17px;"> 4.91 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.02%; height: 17px;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; height: 17px;"> — </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.48368%; height: 17px;"> </td> </tr> <tr style="background-color: #cceeff; height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; width: 44%; background-color: #cceeff; height: 16px;"> Vested at December 31, 2020 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; background-color: #cceeff; height: 16px;"> 505,946 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.47929%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.02%; background-color: #cceeff; height: 16px;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11.0829%; background-color: #cceeff; height: 16px;"> 9.33 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.40083%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; background-color: #cceeff; height: 16px;"> 4.21 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.02%; background-color: #cceeff; height: 16px;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; background-color: #cceeff; height: 16px;"> — </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.48368%; background-color: #cceeff; height: 16px;"> </td> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; width: 44%; height: 16px;"> Vested and Expected to Vest at December 31, 2021 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; height: 16px;"> 831,071 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.47929%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.02%; height: 16px;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11.0829%; height: 16px;"> 6.47 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.40083%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; height: 16px;"> 4.10 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.02%; height: 16px;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; height: 16px;"> — </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.48368%; height: 16px;"> </td> </tr> <tr style="background-color: #cceeff; height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; width: 44%; background-color: #cceeff; height: 16px;"> Vested at December 31, 2021 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; background-color: #cceeff; height: 16px;"> 555,237 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.47929%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.02%; background-color: #cceeff; height: 16px;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11.0829%; background-color: #cceeff; height: 16px;"> 8.46 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.40083%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; background-color: #cceeff; height: 16px;"> 3.64 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.02%; background-color: #cceeff; height: 16px;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; background-color: #cceeff; height: 16px;"> — </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.48368%; background-color: #cceeff; height: 16px;"> </td> </tr> </tbody> </table> <div id="t_ft_MUVVR7QLFK00000000000000000000b"> </div> The total pre-tax compensation cost related to stock options recognized during the years ended December 31, 2021 and 2020 was $131 and $58, respectively. Tax benefit from compensation cost related to stock options during the years ended December 31, 2021 and 2020 was $0. As of December 31, 2021, the total compensation cost related to stock options not yet recognized and before the effect of any forfeitures was $356, which is expected to be recognized over approximately the next 2.65 years on a straight-line basis. Employee Stock Purchase Plan During the years ended December 31, 2021 and 2020, the Company issued shares to employees under the Company’s 2016 Employee Stock Purchase Plan (the “ESPP”). The ESPP was approved by the Company’s shareholders on December 12, 2016. As of December 31, 2021, and December 31, 2020, 402,704 and 413,868, respectively of the originally approved 500,000 shares were available for offerings under the ESPP. Offering periods under the ESPP commence on each Jan 1 and July 1 and continue for a duration of six months. The ESPP is available to all employees who do not own, or are deemed to own, shares of stock making up an excess of 5% of the combined voting power of the Company, its parent or subsidiary. During each offering period, each eligible employee may purchase shares under the ESPP after authorizing payroll deductions. Under the ESPP, each employee may purchase up to the lesser of 2500 shares or $25 of fair market value (based on the established purchase price) of the Company’s stock for each offering period. Unless the employee has previously withdrawn from the offering, his or her accumulated payroll deductions will be used to purchase common stock on the last business day of the period at a price equal to 85% (or a 15% discount) of the fair market value of the common stock on the first or last day of the offering period, whichever is lower. Shares purchased and compensation expense associated with Employee Stock Purchase Plans were as follows: <table cellpadding="0" style="border-collapse: collapse; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt; width: 80%; height: 49px;" width="80%"> <tbody> <tr style="height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px;"> </td> <td colspan="2" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px;"> 2021 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px;"> </td> <td colspan="2" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px;"> 2020 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px;"> </td> </tr> <tr style="height: 16px; background-color: #cceeff;"> <td style="padding: 0.25pt; vertical-align: bottom; width: 67%; height: 16px; background-color: #cceeff;"> Shares purchased under ESPP plan </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px; background-color: #cceeff;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px; background-color: #cceeff;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 13%; height: 16px; background-color: #cceeff;"> 11,164 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px; background-color: #cceeff;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 2%; height: 16px; background-color: #cceeff;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px; background-color: #cceeff;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 13%; height: 16px; background-color: #cceeff;"> 8,998 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px; background-color: #cceeff;"> </td> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> Plan compensation expense </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> 5 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> 5 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> </tr> </tbody> </table> <p style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin: 0px; text-align: justify;">Issuance of Common Stock and Warrants <p style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin: 0px; text-align: justify;"> <p style="color: rgb(0, 0, 0); font-family: "times new roman", times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin: 0px; text-align: justify; line-height: 1;">On September 13, 2020, the Company, entered into a Securities Purchase Agreement (the “Purchase Agreement”) with certain purchasers named therein (the “Purchasers”), pursuant to which the Company issued and sold, in a registered direct offering 2,116,050 shares (the “Shares”) of the Company’s common stock, par value $0.001 per share (the “Common Stock”) at an offering price of $2.4925 per share, (the “Registered Offering”). The Company received gross proceeds of approximately $5,275 (4,764 net of issuance costs) in connection with the Registered Offering, before deducting placement agent fees and related offering expenses. <span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">In a concurrent private placement, the Company issued to the Purchasers who participated in the Registered Offering warrants exercisable for an aggregate of 1,058,025<span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"> shares of common stock at an exercise price of $2.43<span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"> per share. Each warrant became immediately exercisable and had an expiry term of <span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';">five years<span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"> from the issuance date. <p style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin: 0px; text-align: justify;"><span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"> <p style="color: rgb(0, 0, 0); font-family: "times new roman", times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin: 0px; text-align: justify; line-height: 1;"><span style="color: #000000; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 48px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman';"><span style="color: rgb(0, 0, 0); font-family: "times new roman", times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; line-height: inherit;">On September 12, 2021, the Company entered into a securities purchase agreement with certain purchasers named therein, pursuant to which the Company issued 3,623,189 <span style="color: rgb(0, 0, 0); font-family: "times new roman", times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; line-height: inherit;">shares of the Company's common stock, par value $0.001 per share at an offering price of $2.76 per share. The Company received gross proceeds of approximately $10,000 and net proceeds of $9,288 after deducting placement agent fees and related offering expenses. In a concurring private placement the Company also issued to the same purchasers warrants exercisable for an aggregate of 3,623,189 shares of common stock at an exercise price of $2.76 per share. Each warrant became immediately exercisable and will expire on March 15, 2027.

2000000

P3Y

P4Y

P3Y

P4Y

471071

P10Y

360000

P6Y

831071

633783

50000

<span style="color: #000000; font-family: 'Times New Roman', Times, serif; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; display: inline !important; float: none;"> <table cellpadding="0" style="width: 50%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt; height: 68px;"> <tbody> <tr style="height: 17px; background-color: #cceeff;"> <td style="width: 66.063%; height: 17px; background-color: #cceeff;">Risk free interest rate, average</td> <td class="ng-scope" style="width: 33.937%; height: 17px; background-color: #cceeff;">0.84%</td> </tr> <tr style="height: 17px;"> <td style="width: 66.063%; height: 17px;">Expected option life, average</td> <td style="width: 33.937%; height: 17px;">5 years</td> </tr> <tr style="height: 17px; background-color: #cceeff;"> <td style="width: 66.063%; height: 17px; background-color: #cceeff;">Expected price volatility, average</td> <td class="ng-scope" style="width: 33.937%; height: 17px; background-color: #cceeff;">69.74%</td> </tr> <tr style="height: 17px;"> <td style="width: 66.063%; height: 17px;">Expected dividend yield</td> <td class="ng-scope" style="width: 33.937%; height: 17px;">0%</td> </tr> </tbody> </table>

0.0084

P5Y

0.6974

<table cellpadding="0" style="border-collapse: collapse; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 296px;" width="100%"> <tbody> <tr style="height: 50px;"> <td style="padding: 0.25pt; vertical-align: bottom; width: 44%; height: 50px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 50px;"> </td> <td colspan="2" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 12%; height: 50px;"> Number of Shares </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; width: 1.47929%; height: 50px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 50px;"> </td> <td colspan="2" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 12.1029%; height: 50px;"> Weighted Average Exercise Price </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; width: 1.40083%; height: 50px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 50px;"> </td> <td colspan="2" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 12%; height: 50px;"> Weighted Average Remaining Contractual Term (Years) </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; width: 1%; height: 50px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 50px;"> </td> <td colspan="2" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 12.02%; height: 50px;"> Aggregate Intrinsic Value </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; width: 1.48368%; height: 50px;"> </td> </tr> <tr style="background-color: #cceeff; height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; width: 44%; background-color: #cceeff; height: 16px;"> As of December 31, 2019 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; background-color: #cceeff; height: 16px;"> 544,647 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.47929%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.02%; background-color: #cceeff; height: 16px;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11.0829%; background-color: #cceeff; height: 16px;"> 9.01 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.40083%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; background-color: #cceeff; height: 16px;"> 4.93 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.02%; background-color: #cceeff; height: 16px;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; background-color: #cceeff; height: 16px;"> — </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.48368%; background-color: #cceeff; height: 16px;"> </td> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; width: 44%; height: 16px;"> Granted </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; height: 16px;"> 337,500 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.47929%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.02%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11.0829%; height: 16px;"> 2.50 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.40083%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.02%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.48368%; height: 16px;"> </td> </tr> <tr style="background-color: #cceeff; height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; width: 44%; background-color: #cceeff; height: 16px;"> Expired and canceled </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; background-color: #cceeff; height: 16px;"> (38,701 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.47929%; background-color: #cceeff; height: 16px;"> ) </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.02%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11.0829%; background-color: #cceeff; height: 16px;"> 4.81 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.40083%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.02%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.48368%; background-color: #cceeff; height: 16px;"> </td> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; width: 44%; height: 16px;"> Forfeited prior to vesting </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; height: 16px;"> — </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.47929%; height: 16px;"/> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.02%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11.0829%; height: 16px;"> — </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.40083%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.02%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.48368%; height: 16px;"> </td> </tr> <tr style="background-color: #cceeff; height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; width: 44%; background-color: #cceeff; height: 17px;"> Exercised </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 11%; background-color: #cceeff; height: 17px;"> — </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; width: 1.47929%; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 1.02%; background-color: #cceeff; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 11.0829%; background-color: #cceeff; height: 17px;"> — </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; width: 1.40083%; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 11%; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 1.02%; background-color: #cceeff; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 11%; background-color: #cceeff; height: 17px;"> </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; width: 1.48368%; background-color: #cceeff; height: 17px;"> </td> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; width: 44%; height: 16px;"> As of December 31, 2020 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; height: 16px;"> 843,446 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.47929%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.02%; height: 16px;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11.0829%; height: 16px;"> 6.60 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.40083%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; height: 16px;"> 4.91 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.02%; height: 16px;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; height: 16px;"> — </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.48368%; height: 16px;"> </td> </tr> <tr style="background-color: #cceeff; height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; width: 44%; background-color: #cceeff; height: 16px;"> Granted </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; background-color: #cceeff; height: 16px;"> 50,000 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.47929%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.02%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11.0829%; background-color: #cceeff; height: 16px;"> 2.30 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.40083%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.02%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.48368%; background-color: #cceeff; height: 16px;"> </td> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; width: 44%; height: 16px;"> Expired and canceled </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; height: 16px;"> (34,875 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.47929%; height: 16px;">)</td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.02%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11.0829%; height: 16px;"> 6.70 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.40083%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.02%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.48368%; height: 16px;"> </td> </tr> <tr style="background-color: #cceeff; height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; width: 44%; background-color: #cceeff; height: 16px;"> Forfeited prior to vesting </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; background-color: #cceeff; height: 16px;"> (27,500 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.47929%; background-color: #cceeff; height: 16px;">)</td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.02%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11.0829%; background-color: #cceeff; height: 16px;"> 2.50 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.40083%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.02%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.48368%; background-color: #cceeff; height: 16px;"> </td> </tr> <tr style="height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; width: 44%; height: 17px;"> Exercised </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 1%; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 11%; height: 17px;"> — </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; width: 1.47929%; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 1.02%; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 11.0829%; height: 17px;"> — </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; width: 1.40083%; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 1%; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 11%; height: 17px;"> </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; width: 1%; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 1.02%; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 11%; height: 17px;"> </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; width: 1.48368%; height: 17px;"> </td> </tr> <tr style="background-color: #cceeff; height: 19px;"> <td style="padding: 0.25pt; vertical-align: bottom; width: 44%; background-color: #cceeff; height: 19px;"> As of December 31, 2021 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 19px;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 19px;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; width: 11%; background-color: #cceeff; height: 19px;"> 831,071 </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; width: 1.47929%; background-color: #cceeff; height: 19px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 19px;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; width: 1.02%; background-color: #cceeff; height: 19px;"> $ </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; width: 11.0829%; background-color: #cceeff; height: 19px;"> 6.47 </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; width: 1.40083%; background-color: #cceeff; height: 19px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 19px;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 19px;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; width: 11%; background-color: #cceeff; height: 19px;"> 4.10 </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 19px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 19px;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; width: 1.02%; background-color: #cceeff; height: 19px;"> $ </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; width: 11%; background-color: #cceeff; height: 19px;"> — </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; width: 1.48368%; background-color: #cceeff; height: 19px;"> </td> </tr> <tr style="height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; width: 44%; height: 17px;"> Vested and Expected to Vest at December 31, 2020 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; height: 17px;"> 843,446 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.47929%; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.02%; height: 17px;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11.0829%; height: 17px;"> 6.60 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.40083%; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; height: 17px;"> 4.91 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.02%; height: 17px;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; height: 17px;"> — </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.48368%; height: 17px;"> </td> </tr> <tr style="background-color: #cceeff; height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; width: 44%; background-color: #cceeff; height: 16px;"> Vested at December 31, 2020 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; background-color: #cceeff; height: 16px;"> 505,946 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.47929%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.02%; background-color: #cceeff; height: 16px;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11.0829%; background-color: #cceeff; height: 16px;"> 9.33 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.40083%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; background-color: #cceeff; height: 16px;"> 4.21 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.02%; background-color: #cceeff; height: 16px;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; background-color: #cceeff; height: 16px;"> — </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.48368%; background-color: #cceeff; height: 16px;"> </td> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; width: 44%; height: 16px;"> Vested and Expected to Vest at December 31, 2021 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; height: 16px;"> 831,071 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.47929%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.02%; height: 16px;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11.0829%; height: 16px;"> 6.47 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.40083%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; height: 16px;"> 4.10 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.02%; height: 16px;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; height: 16px;"> — </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.48368%; height: 16px;"> </td> </tr> <tr style="background-color: #cceeff; height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; width: 44%; background-color: #cceeff; height: 16px;"> Vested at December 31, 2021 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; background-color: #cceeff; height: 16px;"> 555,237 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.47929%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.02%; background-color: #cceeff; height: 16px;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11.0829%; background-color: #cceeff; height: 16px;"> 8.46 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.40083%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; background-color: #cceeff; height: 16px;"> 3.64 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.02%; background-color: #cceeff; height: 16px;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 11%; background-color: #cceeff; height: 16px;"> — </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.48368%; background-color: #cceeff; height: 16px;"> </td> </tr> </tbody> </table>

544647

9.01

P4Y11M4D

337500

2.5

38701

4.81

843446

6.6

P4Y10M28D

50000

2.3

34875

6.7

27500

2.5

831071

6.47

P4Y1M6D

843446

6.6

P4Y10M28D

505946

9.33

P4Y2M15D

831071

6.47

P4Y1M6D

555237

8.46

P3Y7M20D

131000

58000

356000

P2Y7M24D

402704

413868

500000

0.05

2500

25000

0.85

0.15

<table cellpadding="0" style="border-collapse: collapse; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt; width: 80%; height: 49px;" width="80%"> <tbody> <tr style="height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px;"> </td> <td colspan="2" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px;"> 2021 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px;"> </td> <td colspan="2" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px;"> 2020 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px;"> </td> </tr> <tr style="height: 16px; background-color: #cceeff;"> <td style="padding: 0.25pt; vertical-align: bottom; width: 67%; height: 16px; background-color: #cceeff;"> Shares purchased under ESPP plan </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px; background-color: #cceeff;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px; background-color: #cceeff;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 13%; height: 16px; background-color: #cceeff;"> 11,164 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px; background-color: #cceeff;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 2%; height: 16px; background-color: #cceeff;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px; background-color: #cceeff;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 13%; height: 16px; background-color: #cceeff;"> 8,998 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1%; height: 16px; background-color: #cceeff;"> </td> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> Plan compensation expense </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> 5 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> 5 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px;"> </td> </tr> </tbody> </table>

11164

8998

5000

2116050

0.001

2.4925

5275000

4764000

1058025

2.43

P5Y

3623189

0.001

2.76

10000000

9288000

3623189

2.76

The following table summarizes the percentage of total gross accounts receivable from significant customers that represented more than 10 percent of total gross accounts receivable: <table border="0" cellpadding="0" style="width: 100%; margin-left: 0.5px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; height: 36px;" width="100%"> <tbody> <tr> <td style="width: 65.94%; padding: 0.25pt;"> </td> <td style="width: 0.86%; padding: 0.25pt;"> </td> <td colspan="6" style="width: 0.86%; padding: 0.25pt; text-align: center; border-bottom: 1px solid #000000;">As December 31, </td> <td style="width: 0.86%; padding: 0.25pt;"> </td> </tr> <tr> <td style="width: 65.94%; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.25pt;"> </td> <td style="width: 0.86%; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.25pt;"> </td> <td colspan="2" style="width: 1%; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.25pt; text-align: center; border-bottom: 1px solid #000000;">2021 </td> <td style="width: 1.88%; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.25pt; border-bottom-width: 1px;"> </td> <td style="width: 1.88%; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.25pt; border-bottom-width: 1px;"> </td> <td style="width: 1.44%; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.25pt; border-bottom-width: 1px;"> </td> <td style="width: 13%; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.25pt; text-align: center; border-bottom: 1px solid #000000;">2020</td> <td style="width: 1.88%; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0.25pt;"> </td> </tr> <tr style="height: 10px; background-color: #cff0fc;"> <td style="width: 65.94%; background: #cff0fc; padding: 0.25pt; height: 10px;"> Customer A </td> <td style="width: 0.86%; background: #cff0fc; padding: 0.25pt; height: 10px;"> </td> <td style="width: 1%; background: #cff0fc; padding: 0.25pt; height: 10px;"> </td> <td style="width: 13%; background: #cff0fc; padding: 0.25pt; height: 10px;"> 10.9 </td> <td style="width: 1.88%; background: #cff0fc; padding: 0.25pt; height: 10px;"> % </td> <td style="width: 1.88%; background: #cff0fc; padding: 0.25pt; height: 10px;"> </td> <td style="width: 1.44%; background: #cff0fc; padding: 0.25pt; height: 10px;"> </td> <td style="width: 13%; background: #cff0fc; padding: 0.25pt; height: 10px;"> * </td> <td style="width: 1.88%; background: #cff0fc; padding: 0.25pt; height: 10px;"> </td> </tr> <tr style="height: 12px;"> <td style="width: 65.94%; padding: 0.25pt; height: 12px;"> Customer B </td> <td style="width: 0.86%; padding: 0.25pt; height: 12px;"> </td> <td style="width: 1%; padding: 0.25pt; height: 12px;"> </td> <td style="width: 13%; padding: 0.25pt; height: 12px;"> 10.6 </td> <td style="width: 1.88%; padding: 0.25pt; height: 12px;"> % </td> <td style="width: 1.88%; padding: 0.25pt; height: 12px;"> </td> <td style="width: 1.44%; padding: 0.25pt; height: 12px;"> </td> <td style="width: 13%; padding: 0.25pt; height: 12px;"> * </td> <td style="width: 1.88%; padding: 0.25pt; height: 12px;"> </td> </tr> </tbody> </table> <span style="font-size: 10pt; color: black; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; line-height: inherit;">* Sales and accounts receivable from Customer A and Customer B in 2020 did not exceed 10% of revenue and total gross accounts receivable.

0.109

0.106

<table cellpadding="0" style="height: 139px; border-collapse: collapse; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"> <tbody> <tr style="height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; width: 51.9231%; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 0.887574%; height: 17px;"> </td> <td colspan="2" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 10.2071%; height: 17px;"> Level 1 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; width: 1.53139%; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 0.887574%; height: 17px;"> </td> <td colspan="2" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 10.2071%; height: 17px;"> Level 2 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; width: 1.53139%; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 0.887574%; height: 17px;"> </td> <td colspan="2" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 10.2071%; height: 17px;"> Level 3 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; width: 1.47929%; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 0.887574%; height: 17px;"> </td> <td colspan="2" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 10.2071%; height: 17px;"> Total </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; width: 0.887574%; height: 17px;"> </td> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; width: 51.9231%; height: 16px;"> December 31, 2021 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 0.887574%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.33136%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 8.87574%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.53139%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 0.887574%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.33136%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 8.87574%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.53139%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 0.887574%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.33136%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 8.87574%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.47929%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 0.887574%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.33136%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 8.87574%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 0.887574%; height: 16px;"> </td> </tr> <tr style="height: 10px; background-color: #cceeff;"> <td style="padding: 0.25pt; vertical-align: bottom; width: 51.9231%; height: 10px; background-color: #cceeff;"> Corporate bonds and notes </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 0.887574%; height: 10px; background-color: #cceeff;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.33136%; height: 10px; background-color: #cceeff;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 8.87574%; height: 10px; background-color: #cceeff;"> — </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.53139%; height: 10px; background-color: #cceeff;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 0.887574%; height: 10px; background-color: #cceeff;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.33136%; height: 10px; background-color: #cceeff;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 8.87574%; height: 10px; background-color: #cceeff;"> 1,440 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.53139%; height: 10px; background-color: #cceeff;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 0.887574%; height: 10px; background-color: #cceeff;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.33136%; height: 10px; background-color: #cceeff;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 8.87574%; height: 10px; background-color: #cceeff;"> — </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.47929%; height: 10px; background-color: #cceeff;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 0.887574%; height: 10px; background-color: #cceeff;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.33136%; height: 10px; background-color: #cceeff;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 8.87574%; height: 10px; background-color: #cceeff;"> 1,440 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 0.887574%; height: 10px; background-color: #cceeff;"> </td> </tr> <tr style="height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; width: 51.9231%; height: 17px;"> Municipal bonds </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 0.887574%; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 1.33136%; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 8.87574%; height: 17px;"> — </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; width: 1.53139%; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 0.887574%; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 1.33136%; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 8.87574%; height: 17px;"> 1,570 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; width: 1.53139%; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 0.887574%; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 1.33136%; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 8.87574%; height: 17px;"> — </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; width: 1.47929%; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 0.887574%; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 1.33136%; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 8.87574%; height: 17px;"> 1,570 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; width: 0.887574%; height: 17px;"> </td> </tr> <tr style="height: 10px; background-color: #cceeff;"> <td style="padding: 0.25pt; vertical-align: bottom; width: 51.9231%; height: 10px; background-color: #cceeff;"> Total </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 0.887574%; height: 10px; background-color: #cceeff;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; width: 1.33136%; height: 10px; background-color: #cceeff;"> $ </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; width: 8.87574%; height: 10px; background-color: #cceeff;"> — </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; width: 1.53139%; height: 10px; background-color: #cceeff;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 0.887574%; height: 10px; background-color: #cceeff;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; width: 1.33136%; height: 10px; background-color: #cceeff;"> $ </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; width: 8.87574%; height: 10px; background-color: #cceeff;"> 3,010 </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; width: 1.53139%; height: 10px; background-color: #cceeff;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 0.887574%; height: 10px; background-color: #cceeff;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; width: 1.33136%; height: 10px; background-color: #cceeff;"> $ </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; width: 8.87574%; height: 10px; background-color: #cceeff;"> — </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; width: 1.47929%; height: 10px; background-color: #cceeff;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 0.887574%; height: 10px; background-color: #cceeff;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; width: 1.33136%; height: 10px; background-color: #cceeff;"> $ </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; width: 8.87574%; height: 10px; background-color: #cceeff;"> 3,010 </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; width: 0.887574%; height: 10px; background-color: #cceeff;"> </td> </tr> <tr style="height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; width: 51.9231%; height: 17px;"> December 31, 2020 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 0.887574%; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.33136%; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 8.87574%; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.53139%; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 0.887574%; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.33136%; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 8.87574%; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.53139%; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 0.887574%; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.33136%; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 8.87574%; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.47929%; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 0.887574%; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.33136%; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 8.87574%; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 0.887574%; height: 17px;"> </td> </tr> <tr style="height: 16px; background-color: #cceeff;"> <td style="padding: 0.25pt; vertical-align: bottom; width: 51.9231%; height: 16px; background-color: #cceeff;"> Corporate bonds and notes </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 0.887574%; height: 16px; background-color: #cceeff;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.33136%; height: 16px; background-color: #cceeff;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 8.87574%; height: 16px; background-color: #cceeff;"> — </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.53139%; height: 16px; background-color: #cceeff;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 0.887574%; height: 16px; background-color: #cceeff;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.33136%; height: 16px; background-color: #cceeff;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 8.87574%; height: 16px; background-color: #cceeff;"> 1,338 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.53139%; height: 16px; background-color: #cceeff;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 0.887574%; height: 16px; background-color: #cceeff;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.33136%; height: 16px; background-color: #cceeff;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 8.87574%; height: 16px; background-color: #cceeff;"> — </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.47929%; height: 16px; background-color: #cceeff;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 0.887574%; height: 16px; background-color: #cceeff;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.33136%; height: 16px; background-color: #cceeff;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 8.87574%; height: 16px; background-color: #cceeff;"> 1,338 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 0.887574%; height: 16px; background-color: #cceeff;"> </td> </tr> <tr style="height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; width: 51.9231%; height: 17px;"> Municipal bonds </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 0.887574%; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 1.33136%; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 8.87574%; height: 17px;"> — </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; width: 1.53139%; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 0.887574%; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 1.33136%; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 8.87574%; height: 17px;"> 1,541 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; width: 1.53139%; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 0.887574%; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 1.33136%; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 8.87574%; height: 17px;"> — </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; width: 1.47929%; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 0.887574%; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 1.33136%; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 8.87574%; height: 17px;"> 1,541 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; width: 0.887574%; height: 17px;"> </td> </tr> <tr style="height: 19px; background-color: #cceeff;"> <td style="padding: 0.25pt; vertical-align: bottom; width: 51.9231%; height: 19px; background-color: #cceeff;"> Total </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 0.887574%; height: 19px; background-color: #cceeff;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; width: 1.33136%; height: 19px; background-color: #cceeff;"> $ </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; width: 8.87574%; height: 19px; background-color: #cceeff;"> — </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; width: 1.53139%; height: 19px; background-color: #cceeff;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 0.887574%; height: 19px; background-color: #cceeff;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; width: 1.33136%; height: 19px; background-color: #cceeff;"> $ </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; width: 8.87574%; height: 19px; background-color: #cceeff;"> 2,879 </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; width: 1.53139%; height: 19px; background-color: #cceeff;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 0.887574%; height: 19px; background-color: #cceeff;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; width: 1.33136%; height: 19px; background-color: #cceeff;"> $ </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; width: 8.87574%; height: 19px; background-color: #cceeff;"> — </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; width: 1.47929%; height: 19px; background-color: #cceeff;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 0.887574%; height: 19px; background-color: #cceeff;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; width: 1.33136%; height: 19px; background-color: #cceeff;"> $ </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; width: 8.87574%; height: 19px; background-color: #cceeff;"> 2,879 </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; width: 0.887574%; height: 19px; background-color: #cceeff;"> </td> </tr> </tbody> </table>

1440000

1570000

3010000

1338000

1541000

2879000

13. Income Taxes Consolidated loss before taxes for domestic and foreign operations consisted of the following: <table cellpadding="0" style="height: 63px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 85%;" width="85%"> <tbody> <tr style="height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td colspan="6" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 10px;"> Year ended December 31, </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 10px;"> </td> </tr> <tr style="height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td colspan="2" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 10px;"> 2021 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td colspan="2" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 10px;"> 2020 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 10px;"> </td> </tr> <tr style="height: 16px; background-color: #cceeff;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 67%;"> Domestic </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1%;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 13%;"> (6,201 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1%;">)</td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 2%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1%;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 13%;"> (4,574 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1%;"> ) </td> </tr> <tr style="height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px;"> Foreign </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px;"> (1,776 </td> <td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px;"> (1,350 </td> <td style="padding: 0px; vertical-align: bottom; height: 17px;"> ) </td> </tr> <tr style="height: 10px; background-color: #cceeff;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"> Total </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"> $ </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"> (7,977 </td> <td style="padding: 0px 0px 2px; vertical-align: bottom; height: 10px; background-color: #cceeff;">)</td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"> $ </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"> (5,924 </td> <td style="padding: 0px 0px 2px; vertical-align: bottom; height: 10px; background-color: #cceeff;"> ) </td> </tr> </tbody> </table> The Company’s benefit from (provision for) income taxes consisted of the following: <table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 85%; height: 233px;" width="85%"> <tbody> <tr style="height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px; width: 65.1568%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px; width: 0.87108%;"> </td> <td colspan="6" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 10px; width: 31.6585%;"> Year ended December 31, </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 10px; width: 1.7452%;"> </td> </tr> <tr style="height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px; width: 65.1568%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px; width: 0.87108%;"> </td> <td colspan="2" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 10px; width: 14%;"> 2021 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 10px; width: 1.74216%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px; width: 1.91638%;"> </td> <td colspan="2" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 10px; width: 14%;"> 2020 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 10px; width: 1.7452%;"> </td> </tr> <tr style="background-color: #cceeff; height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 65.1568%; height: 16px;"> Current: </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 0.87108%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 13%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 1.74216%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 1.91638%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 13%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 1.7452%; height: 16px;"> </td> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 65.1568%;"> Federal </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 0.87108%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1%;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 13%;"> 373 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.74216%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.91638%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1%;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 13%;"> 6,543 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.7452%;"/> </tr> <tr style="background-color: #cceeff; height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 65.1568%;"> State </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 0.87108%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 13%;"> (9 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1.74216%;">)</td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1.91638%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 13%;"> (36 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1.7452%;">)</td> </tr> <tr style="height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 65.1568%;"> Foreign </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 0.87108%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 1%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 13%;"> (81 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px; width: 1.74216%;">)</td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 1.91638%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 1%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 13%;"> (78 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px; width: 1.7452%;">)</td> </tr> <tr style="background-color: #cceeff; height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 65.1568%;"> Total current </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.87108%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 13%;"> 283 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.74216%;"/> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.91638%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 13%;"> 6,429 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.7452%;"/> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 65.1568%;"> Deferred: </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 0.87108%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 13%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.74216%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.91638%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 13%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.7452%;"> </td> </tr> <tr style="background-color: #cceeff; height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 65.1568%;"> Federal </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 0.87108%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 13%;"> 1,326 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1.74216%;"/> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1.91638%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 13%;"> (3,104 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1.7452%;">)</td> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 65.1568%;"> State </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 0.87108%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 13%;"> 398 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.74216%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.91638%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 13%;"> 286 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.7452%;"> </td> </tr> <tr style="background-color: #cceeff; height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 65.1568%;"> Foreign </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.87108%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 13%;"> 302 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.74216%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.91638%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 13%;"> 216 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.7452%;"> </td> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 65.1568%;"> Total </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 0.87108%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 13%;"> 2,026 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.74216%;"/> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.91638%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 13%;"> (2,602 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.7452%;">)</td> </tr> <tr style="background-color: #cceeff; height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 65.1568%;"> Change in valuation allowance </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 0.87108%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 13%;"> (2,026 </td> <td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1.74216%;">)</td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1.91638%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 13%;"> 2,602 </td> <td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1.7452%;"/> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 65.1568%;"> Total deferred </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 0.87108%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 16px; width: 1%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 16px; width: 13%;"> — </td> <td style="padding: 0px; vertical-align: bottom; height: 16px; width: 1.74216%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.91638%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 16px; width: 1%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 16px; width: 13%;"> — </td> <td style="padding: 0px; vertical-align: bottom; height: 16px; width: 1.7452%;"/> </tr> <tr style="background-color: #cceeff; height: 18px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 65.1568%;"> Tax benefit (provision) </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 0.87108%;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1%;"> $ </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 13%;"> 283 </td> <td style="padding: 0px 0px 2px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.74216%;"/> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.91638%;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1%;"> $ </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 13%;"> 6,429 </td> <td style="padding: 0px 0px 2px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.7452%;"/> </tr> </tbody> </table> The income tax (provision) differs from that computed at the federal statutory corporate income tax rate as follows: <table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 85%; height: 150px;" width="85%"> <tbody> <tr style="height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 65.6794%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 0.87108%;"> </td> <td colspan="6" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 31.6585%;"> Year ended December 31, </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px; width: 1.74216%;"> </td> </tr> <tr style="height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px; width: 65.6794%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px; width: 0.87108%;"> </td> <td colspan="2" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 10px; width: 14%;"> 2021 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 10px; width: 1.74216%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px; width: 1.91638%;"> </td> <td colspan="2" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 10px; width: 14%;"> 2020 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 10px; width: 1.74216%;"> </td> </tr> <tr style="height: 16px; background-color: #cceeff;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 65.6794%; background-color: #cceeff;"> Tax benefit at federal statutory rate </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 0.87108%; background-color: #cceeff;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1%; background-color: #cceeff;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 13%; background-color: #cceeff;"> 1,674 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.74216%; background-color: #cceeff;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.91638%; background-color: #cceeff;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1%; background-color: #cceeff;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 13%; background-color: #cceeff;"> 1,244 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.74216%; background-color: #cceeff;"> </td> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 65.6794%;"> State income tax benefit (provision), net of federal benefit </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 0.87108%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 13%;"> 335 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.74216%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.91638%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 13%;"> 244 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.74216%;"> </td> </tr> <tr style="height: 16px; background-color: #cceeff;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 65.6794%;"> Research and development tax credits </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 0.87108%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 13%;"> 361 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1.74216%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1.91638%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 13%;"> 272 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1.74216%;"> </td> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 65.6794%;"> Foreign earnings or losses taxed at different rates </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 0.87108%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 13%;"> (28 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.74216%;">)</td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.91638%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 13%;"> (38 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.74216%;">)</td> </tr> <tr style="height: 16px; background-color: #cceeff;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 65.6794%;"> Tax rate change, due primarily to loss carryback </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 0.87108%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 13%;"> (2 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1.74216%;">)</td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1.91638%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 13%;"> 2,720 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1.74216%;"/> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 65.6794%;"> Other </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 0.87108%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 13%;"> (31 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.74216%;">)</td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.91638%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 13%;"> (615 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.74216%;">)</td> </tr> <tr style="height: 17px; background-color: #cceeff;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 65.6794%;"> Change in valuation allowance </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.87108%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 13%;"> (2,026 </td> <td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74216%;">)</td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.91638%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 13%;"> 2,602 </td> <td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74216%;"/> </tr> <tr style="height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px; width: 65.6794%;"> Tax provision </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px; width: 0.87108%;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; width: 1%;"> $ </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; width: 13%;"> 283 </td> <td style="padding: 0px 0px 2px; vertical-align: bottom; height: 10px; width: 1.74216%;"/> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px; width: 1.91638%;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; width: 1%;"> $ </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; width: 13%;"> 6,429 </td> <td style="padding: 0px 0px 2px; vertical-align: bottom; height: 10px; width: 1.74216%;"/> </tr> </tbody> </table> The tax effects of significant temporary differences representing net deferred tax assets and liabilities consisted of the following: <table cellpadding="0" style="height: 221px; border-collapse: collapse; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt; width: 85%;" width="85%"> <tbody> <tr style="height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 66.0279%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 0.87108%;"> </td> <td colspan="2" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 14%;"> 2021 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px; width: 1.74216%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 1.91638%;"> </td> <td colspan="2" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 14%;"> 2020 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px; width: 1.21951%;"> </td> </tr> <tr style="height: 16px; background-color: #cceeff;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 66.0279%;"> Deferred revenue </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 0.87108%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1%;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 13%;"> 9 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1.74216%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1.91638%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1%;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 13%;"> 21 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1.21951%;"> </td> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 66.0279%;"> Basis difference in intangible assets </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 0.87108%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 13%;"> 1,319 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.74216%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.91638%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 13%;"> 2,994 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.21951%;"> </td> </tr> <tr style="height: 16px; background-color: #cceeff;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 66.0279%;"> Inventory reserve </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 0.87108%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 13%;"> 2,377 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1.74216%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1.91638%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 13%;"> 2,434 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1.21951%;"> </td> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 66.0279%;"> Net operating loss carryforwards </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 0.87108%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 13%;"> 7,121 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.74216%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.91638%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 13%;"> 3,605 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.21951%;"> </td> </tr> <tr style="height: 16px; background-color: #cceeff;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 66.0279%;"> Research and development tax credits </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 0.87108%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 13%;"> 1,579 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1.74216%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1.91638%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 13%;"> 1,272 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1.21951%;"> </td> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 66.0279%;"> Accrued expenses </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 0.87108%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 13%;"> 43 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.74216%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.91638%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 13%;"> 61 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.21951%;"> </td> </tr> <tr style="height: 16px; background-color: #cceeff;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 66.0279%;"> Stock-based compensation </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 0.87108%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 13%;"> 308 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1.74216%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1.91638%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 13%;"> 309 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1.21951%;"> </td> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 66.0279%;"> Allowance for sales returns and doubtful accounts </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 0.87108%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 13%;"> 83 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.74216%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.91638%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 13%;"> 128 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.21951%;"> </td> </tr> <tr style="height: 16px; background-color: #cceeff;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 66.0279%;"> Difference in property and equipment basis </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 0.87108%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 13%;"> (124 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1.74216%;">)</td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1.91638%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 13%;"> (145 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1.21951%;">)</td> </tr> <tr style="height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 66.0279%;"> Other </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 0.87108%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 1%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 13%;"> 469 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px; width: 1.74216%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 1.91638%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 1%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 13%;"> 479 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px; width: 1.21951%;"> </td> </tr> <tr style="height: 16px; background-color: #cceeff;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 66.0279%;"> Total net deferred income tax asset </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 0.87108%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 13%;"> 13,184 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1.74216%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1.91638%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 13%;"> 11,158 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1.21951%;"> </td> </tr> <tr style="height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 66.0279%;"> Less: Valuation allowance </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 0.87108%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 1%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 13%;"> (13,184 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px; width: 1.74216%;">)</td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 1.91638%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 1%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 13%;"> (11,158 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px; width: 1.21951%;">)</td> </tr> <tr style="height: 10px; background-color: #cceeff;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 66.0279%;"> Net deferred income tax asset (liability) </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.87108%;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1%;"> $ </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 13%;"> — </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.74216%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.91638%;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1%;"> $ </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 13%;"> — </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.21951%;"> </td> </tr> </tbody> </table> The Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) was enacted on March 27, 2020. The CARES Act, among other things, includes provisions relating to refundable payroll tax credits, deferment of employer side payroll tax, Paycheck Protection Program, net operating loss carryback periods, and modifications to the net interest deduction limitations. The most significant impact to the Company from the CARES Act relates to the Paycheck Protection Program and modifications to the net operating loss carryback periods. In November 2020, the Company completed its assessment of the impact of the carryback provisions from the CARES Act and elected to carry back its net operating losses to previous years. The Company has not provided for foreign withholding taxes on undistributed earnings of its non-U.S. subsidiaries since these earnings are intended to be reinvested indefinitely, in accordance with guidelines contained in ASC Topic 740, Accounting for Income Taxes. It is not practical to estimate the amount of additional taxes that might be payable on such undistributed earnings. <p style="margin: 0px; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; line-height: 1;">The Company routinely evaluates the likelihood of realizing the benefit of its deferred tax assets and may record a valuation allowance if, based on all available evidence, it determines that it is more likely than not some portion of the tax benefit will not be realized. As of December 31, 2021, the Company had an aggregate of approximately $13.2 million in deferred tax assets primarily related to intangible assets, net operating losses, tax credit carryforwards, and inventory basis differences. On a quarterly basis, the Company tests the value of deferred tax assets for impairment at the taxpaying-component level within each tax jurisdiction. Significant judgment and estimates are required in determining whether valuation allowances should be established as well as the amount of such allowances. When making such determination, consideration is given to, among other things, the following: <p style="margin: 0px; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"> <div id="t_ft_L7CMATLFM800000000000000000000b"> <table cellpadding="0" style="width: 100%; border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; text-indent: 0px; margin-left: 0.1px;"> <tbody style="margin: 0px; text-indent: 0px;"> <tr style="margin: 0px; text-indent: 0px;"> <td style="padding: 0.25pt; vertical-align: top; width: 13.75pt; margin: 0px; text-indent: 0px;"> ● </td> <td style="padding: 0.25pt; vertical-align: top; width: 496.3pt; margin: 0px; text-indent: 0px;"> sufficient taxable income within the allowed carryback or carryforward periods; </td> </tr> <tr style="margin: 0px; text-indent: 0px;"> <td style="padding: 0.25pt; vertical-align: top; width: 13.75pt; margin: 0px; text-indent: 0px;"> ● </td> <td style="padding: 0.25pt; vertical-align: top; width: 496.3pt; margin: 0px; text-indent: 0px;"> future reversals of existing taxable temporary differences, including any tax planning strategies that could be utilized; </td> </tr> <tr style="margin: 0px; text-indent: 0px;"> <td style="padding: 0.25pt; vertical-align: top; width: 13.75pt; margin: 0px; text-indent: 0px;"> ● </td> <td style="padding: 0.25pt; vertical-align: top; width: 496.3pt; margin: 0px; text-indent: 0px;"> nature or character (e.g., ordinary vs. capital) of the deferred tax assets and liabilities; and </td> </tr> <tr style="margin: 0px; text-indent: 0px;"> <td style="padding: 0.25pt; vertical-align: top; width: 13.75pt; margin: 0px; text-indent: 0px;"> ● </td> <td style="padding: 0.25pt; vertical-align: top; width: 496.3pt; margin: 0px; text-indent: 0px;"> future taxable income exclusive of reversing temporary differences and carryforwards. </td> </tr> </tbody> </table> </div> <p style="margin: 0px; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"> <p style="margin: 0px; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; line-height: 1;">Based on the foregoing criteria, the Company determined that it no longer meets the “more likely than not” threshold that net operating losses, tax credits and other deferred tax assets will be realized. Accordingly, the Company recorded a full valuation allowance at September 30, 2018, and continues to be in a full valuation allowance position at December 31, 2021. <p style="margin: 0px; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: center;"> <p style="margin: 0px; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify; line-height: 1;">Under the five-year carryback provision of the CARES Act, the Company carried back its taxable losses from 2018 through 2020 to years from 2013 through 2015. As no tax benefit was previously recorded for the years from 2018 through 2021 for the losses, due to the full valuation allowance, the carryback of these losses resulted in a tax benefit of $0.4 and $7.1M in 2021 and 2020, respectively. <p style="margin: 0px; color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;"> As of December 31, 2021 the Company has federal net operating loss (“NOL”) carryforwards of approximately $13.2 million (pre-tax), state NOL carryforwards of approximately $34.9 million (pre-tax) and Spain NOL carryforwards of approximately $11.0 million (pre-tax). The federal NOL carryforward begins to expire in 2029. The Spain NOL carryforward does not expire. The state NOL carryforwards expire over various periods. Effective July 1, 2007, the Company adopted the accounting standards related to uncertain tax positions. This standard requires that tax positions be assessed using a two-step process. A tax position is recognized if it meets a “more likely than not” threshold, and is measured at the largest amount of benefit that is greater than 50 percent likely of being realized. Uncertain tax positions must be reviewed at each balance sheet date. Liabilities recorded as a result of this analysis must generally be recorded separately from any current or deferred income tax accounts. The total amount of unrecognized tax benefits at December 31, 2021 and 2020, that would favorably impact our effective tax rate if recognized was $895 and $861, respectively. As of December 31, 2021 and 2020, we accrued $16 and $23, respectively, in interest and penalties related to unrecognized tax benefits. We account for interest expense and penalties for unrecognized tax benefits as part of our income tax provision. <div style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'times new roman', times; font-size: 10pt;"> <div style="position: relative; cursor: pointer;"> Although we believe our estimates are reasonable, we can make no assurance that the final tax outcome of these matters will not be different from that which we have reflected in our historical income tax provisions and accruals. Such difference could have a material impact on our income tax provision and operating results in the period in which we make such determination. A reconciliation of the beginning and ending amount of liabilities associated with uncertain tax positions is as follows: <table cellpadding="0" style="height: 152px; border-collapse: collapse; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt; width: 85%;" width="85%"> <tbody> <tr style="height: 18px;"> <td style="padding: 0.25pt; vertical-align: bottom; width: 1256.91px; height: 18px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 15.0947px; height: 18px;"> </td> <td colspan="6" style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 600.549px; height: 18px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"> Year ended December 31, </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; width: 21.7614px; height: 18px;"> </td> </tr> <tr style="height: 18px;"> <td style="padding: 0.25pt; vertical-align: bottom; width: 1256.91px; height: 18px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 15.0947px; height: 18px;"> </td> <td colspan="2" style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 264.792px; height: 18px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"> 2021 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; width: 31.4583px; height: 18px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 35.0947px; height: 18px;"> </td> <td colspan="2" style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 265.398px; height: 18px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"> 2020 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; width: 21.7614px; height: 18px;"> </td> </tr> <tr style="background-color: #cceeff; height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 1256.91px; height: 16px;"> Balance - beginning of year </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 15.0947px; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 17.5189px; height: 16px;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 246.004px; height: 16px;"> 861 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 31.4583px; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 35.0947px; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 17.5189px; height: 16px;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 246.61px; height: 16px;"> 298 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 21.7614px; height: 16px;"> </td> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; width: 1256.91px; height: 16px;"> Additions based on tax positions related to the current year </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 15.0947px; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 17.5189px; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 246.004px; height: 16px;"> 61 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 31.4583px; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 35.0947px; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 17.5189px; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 246.61px; height: 16px;"> 661 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 21.7614px; height: 16px;"> </td> </tr> <tr style="background-color: #cceeff; height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 1256.91px; height: 16px;"> Additions for tax positions of prior years </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 15.0947px; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 17.5189px; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 246.004px; height: 16px;"> — </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 31.4583px; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 35.0947px; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 17.5189px; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 246.61px; height: 16px;"> — </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 21.7614px; height: 16px;"> </td> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; width: 1256.91px; height: 16px;"> Reductions for tax positions of prior years </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 15.0947px; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 17.5189px; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 246.004px; height: 16px;"> — </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 31.4583px; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 35.0947px; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 17.5189px; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 246.61px; height: 16px;"> — </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 21.7614px; height: 16px;"/> </tr> <tr style="background-color: #cceeff; height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 1256.91px; height: 16px;"> Settlements </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 15.0947px; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 17.5189px; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 246.004px; height: 16px;"> (20 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 31.4583px; height: 16px;">)</td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 35.0947px; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 17.5189px; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 246.61px; height: 16px;"> (43 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 21.7614px; height: 16px;">)</td> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; width: 1256.91px; height: 16px;"> Lapse in statutes of limitations </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 15.0947px; height: 16px;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 17.5189px; height: 16px;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 246.004px; height: 16px;"> (7 </td> <td style="padding: 0px; vertical-align: bottom; width: 32.1212px; height: 16px;">)</td> <td style="padding: 0.25pt; vertical-align: bottom; width: 35.0947px; height: 16px;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 17.5189px; height: 16px;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 246.61px; height: 16px;"> (55 </td> <td style="padding: 0px; vertical-align: bottom; width: 22.4242px; height: 16px;">)</td> </tr> <tr style="background-color: #cceeff; height: 20px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 1256.91px; height: 20px;"> Uncertain tax positions, ending balance </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 15.0947px; height: 20px;"> </td> <td style="padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; background-color: #cceeff; width: 17.5189px; height: 20px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;"> $ </td> <td style="padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; background-color: #cceeff; width: 246.004px; height: 20px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;"> 895 </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; background-color: #cceeff; width: 31.4583px; height: 20px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 35.0947px; height: 20px;"> </td> <td style="padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; background-color: #cceeff; width: 17.5189px; height: 20px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;"> $ </td> <td style="padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; background-color: #cceeff; width: 246.61px; height: 20px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;"> 861 </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; background-color: #cceeff; width: 21.7614px; height: 20px;"> </td> </tr> </tbody> </table> The Company’s U.S. federal income tax returns for 2018 through 2020 are subject to examination. The Company's U.S. 2018 federal income tax return is currently under examination. The Company also files in various state and foreign jurisdictions. With few exceptions, the Company is no longer subject to federal, state, or non-U.S. income tax examinations by tax authorities for years prior to 2017. </div> </div>

<table cellpadding="0" style="height: 63px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 85%;" width="85%"> <tbody> <tr style="height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td colspan="6" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 10px;"> Year ended December 31, </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 10px;"> </td> </tr> <tr style="height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td colspan="2" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 10px;"> 2021 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 10px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px;"> </td> <td colspan="2" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 10px;"> 2020 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 10px;"> </td> </tr> <tr style="height: 16px; background-color: #cceeff;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 67%;"> Domestic </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1%;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 13%;"> (6,201 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1%;">)</td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 2%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1%;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 13%;"> (4,574 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1%;"> ) </td> </tr> <tr style="height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px;"> Foreign </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px;"> (1,776 </td> <td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px;"> (1,350 </td> <td style="padding: 0px; vertical-align: bottom; height: 17px;"> ) </td> </tr> <tr style="height: 10px; background-color: #cceeff;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"> Total </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"> $ </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"> (7,977 </td> <td style="padding: 0px 0px 2px; vertical-align: bottom; height: 10px; background-color: #cceeff;">)</td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"> $ </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"> (5,924 </td> <td style="padding: 0px 0px 2px; vertical-align: bottom; height: 10px; background-color: #cceeff;"> ) </td> </tr> </tbody> </table>

-6201000

-4574000

-1776000

-1350000

-7977000

-5924000

<table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 85%; height: 233px;" width="85%"> <tbody> <tr style="height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px; width: 65.1568%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px; width: 0.87108%;"> </td> <td colspan="6" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 10px; width: 31.6585%;"> Year ended December 31, </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 10px; width: 1.7452%;"> </td> </tr> <tr style="height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px; width: 65.1568%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px; width: 0.87108%;"> </td> <td colspan="2" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 10px; width: 14%;"> 2021 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 10px; width: 1.74216%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px; width: 1.91638%;"> </td> <td colspan="2" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 10px; width: 14%;"> 2020 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 10px; width: 1.7452%;"> </td> </tr> <tr style="background-color: #cceeff; height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 65.1568%; height: 16px;"> Current: </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 0.87108%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 13%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 1.74216%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 1.91638%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 13%; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 1.7452%; height: 16px;"> </td> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 65.1568%;"> Federal </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 0.87108%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1%;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 13%;"> 373 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.74216%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.91638%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1%;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 13%;"> 6,543 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.7452%;"/> </tr> <tr style="background-color: #cceeff; height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 65.1568%;"> State </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 0.87108%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 13%;"> (9 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1.74216%;">)</td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1.91638%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 13%;"> (36 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1.7452%;">)</td> </tr> <tr style="height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 65.1568%;"> Foreign </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 0.87108%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 1%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 13%;"> (81 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px; width: 1.74216%;">)</td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 1.91638%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 1%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 13%;"> (78 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px; width: 1.7452%;">)</td> </tr> <tr style="background-color: #cceeff; height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 65.1568%;"> Total current </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.87108%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 13%;"> 283 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.74216%;"/> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.91638%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 13%;"> 6,429 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.7452%;"/> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 65.1568%;"> Deferred: </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 0.87108%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 13%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.74216%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.91638%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 13%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.7452%;"> </td> </tr> <tr style="background-color: #cceeff; height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 65.1568%;"> Federal </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 0.87108%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 13%;"> 1,326 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1.74216%;"/> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1.91638%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 13%;"> (3,104 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1.7452%;">)</td> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 65.1568%;"> State </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 0.87108%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 13%;"> 398 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.74216%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.91638%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 13%;"> 286 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.7452%;"> </td> </tr> <tr style="background-color: #cceeff; height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 65.1568%;"> Foreign </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.87108%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 13%;"> 302 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.74216%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.91638%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 13%;"> 216 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.7452%;"> </td> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 65.1568%;"> Total </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 0.87108%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 13%;"> 2,026 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.74216%;"/> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.91638%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 13%;"> (2,602 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.7452%;">)</td> </tr> <tr style="background-color: #cceeff; height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 65.1568%;"> Change in valuation allowance </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 0.87108%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 13%;"> (2,026 </td> <td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1.74216%;">)</td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1.91638%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 13%;"> 2,602 </td> <td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 16px; width: 1.7452%;"/> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 65.1568%;"> Total deferred </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 0.87108%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 16px; width: 1%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 16px; width: 13%;"> — </td> <td style="padding: 0px; vertical-align: bottom; height: 16px; width: 1.74216%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.91638%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 16px; width: 1%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 16px; width: 13%;"> — </td> <td style="padding: 0px; vertical-align: bottom; height: 16px; width: 1.7452%;"/> </tr> <tr style="background-color: #cceeff; height: 18px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 65.1568%;"> Tax benefit (provision) </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 0.87108%;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1%;"> $ </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 13%;"> 283 </td> <td style="padding: 0px 0px 2px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.74216%;"/> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.91638%;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1%;"> $ </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 13%;"> 6,429 </td> <td style="padding: 0px 0px 2px; vertical-align: bottom; background-color: #cceeff; height: 18px; width: 1.7452%;"/> </tr> </tbody> </table>

-373000

-6543000

9000

36000

81000

78000

-283000

-6429000

-1326000

3104000

-398000

-286000

-302000

-216000

-2026000 2602000

-2026000

2602000

-283000

-6429000

<table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 85%; height: 150px;" width="85%"> <tbody> <tr style="height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 65.6794%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 0.87108%;"> </td> <td colspan="6" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 31.6585%;"> Year ended December 31, </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px; width: 1.74216%;"> </td> </tr> <tr style="height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px; width: 65.6794%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px; width: 0.87108%;"> </td> <td colspan="2" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 10px; width: 14%;"> 2021 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 10px; width: 1.74216%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px; width: 1.91638%;"> </td> <td colspan="2" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 10px; width: 14%;"> 2020 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 10px; width: 1.74216%;"> </td> </tr> <tr style="height: 16px; background-color: #cceeff;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 65.6794%; background-color: #cceeff;"> Tax benefit at federal statutory rate </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 0.87108%; background-color: #cceeff;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1%; background-color: #cceeff;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 13%; background-color: #cceeff;"> 1,674 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.74216%; background-color: #cceeff;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.91638%; background-color: #cceeff;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1%; background-color: #cceeff;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 13%; background-color: #cceeff;"> 1,244 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.74216%; background-color: #cceeff;"> </td> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 65.6794%;"> State income tax benefit (provision), net of federal benefit </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 0.87108%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 13%;"> 335 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.74216%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.91638%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 13%;"> 244 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.74216%;"> </td> </tr> <tr style="height: 16px; background-color: #cceeff;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 65.6794%;"> Research and development tax credits </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 0.87108%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 13%;"> 361 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1.74216%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1.91638%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 13%;"> 272 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1.74216%;"> </td> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 65.6794%;"> Foreign earnings or losses taxed at different rates </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 0.87108%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 13%;"> (28 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.74216%;">)</td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.91638%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 13%;"> (38 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.74216%;">)</td> </tr> <tr style="height: 16px; background-color: #cceeff;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 65.6794%;"> Tax rate change, due primarily to loss carryback </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 0.87108%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 13%;"> (2 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1.74216%;">)</td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1.91638%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 13%;"> 2,720 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1.74216%;"/> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 65.6794%;"> Other </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 0.87108%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 13%;"> (31 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.74216%;">)</td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.91638%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 13%;"> (615 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.74216%;">)</td> </tr> <tr style="height: 17px; background-color: #cceeff;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 65.6794%;"> Change in valuation allowance </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.87108%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 13%;"> (2,026 </td> <td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74216%;">)</td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.91638%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 13%;"> 2,602 </td> <td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.74216%;"/> </tr> <tr style="height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px; width: 65.6794%;"> Tax provision </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px; width: 0.87108%;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; width: 1%;"> $ </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; width: 13%;"> 283 </td> <td style="padding: 0px 0px 2px; vertical-align: bottom; height: 10px; width: 1.74216%;"/> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px; width: 1.91638%;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; width: 1%;"> $ </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; width: 13%;"> 6,429 </td> <td style="padding: 0px 0px 2px; vertical-align: bottom; height: 10px; width: 1.74216%;"/> </tr> </tbody> </table>

-1674000

-1244000

-335000

-244000

361000

272000

28000

38000

2000

-2720000

31000

615000

2026000

-2602000

-283000

-6429000

<table cellpadding="0" style="height: 221px; border-collapse: collapse; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt; width: 85%;" width="85%"> <tbody> <tr style="height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 66.0279%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 0.87108%;"> </td> <td colspan="2" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 14%;"> 2021 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px; width: 1.74216%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 1.91638%;"> </td> <td colspan="2" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 14%;"> 2020 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px; width: 1.21951%;"> </td> </tr> <tr style="height: 16px; background-color: #cceeff;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 66.0279%;"> Deferred revenue </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 0.87108%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1%;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 13%;"> 9 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1.74216%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1.91638%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1%;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 13%;"> 21 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1.21951%;"> </td> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 66.0279%;"> Basis difference in intangible assets </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 0.87108%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 13%;"> 1,319 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.74216%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.91638%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 13%;"> 2,994 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.21951%;"> </td> </tr> <tr style="height: 16px; background-color: #cceeff;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 66.0279%;"> Inventory reserve </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 0.87108%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 13%;"> 2,377 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1.74216%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1.91638%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 13%;"> 2,434 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1.21951%;"> </td> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 66.0279%;"> Net operating loss carryforwards </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 0.87108%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 13%;"> 7,121 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.74216%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.91638%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 13%;"> 3,605 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.21951%;"> </td> </tr> <tr style="height: 16px; background-color: #cceeff;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 66.0279%;"> Research and development tax credits </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 0.87108%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 13%;"> 1,579 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1.74216%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1.91638%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 13%;"> 1,272 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1.21951%;"> </td> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 66.0279%;"> Accrued expenses </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 0.87108%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 13%;"> 43 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.74216%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.91638%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 13%;"> 61 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.21951%;"> </td> </tr> <tr style="height: 16px; background-color: #cceeff;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 66.0279%;"> Stock-based compensation </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 0.87108%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 13%;"> 308 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1.74216%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1.91638%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 13%;"> 309 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1.21951%;"> </td> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 66.0279%;"> Allowance for sales returns and doubtful accounts </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 0.87108%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 13%;"> 83 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.74216%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.91638%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 13%;"> 128 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; width: 1.21951%;"> </td> </tr> <tr style="height: 16px; background-color: #cceeff;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 66.0279%;"> Difference in property and equipment basis </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 0.87108%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 13%;"> (124 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1.74216%;">)</td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1.91638%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 13%;"> (145 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1.21951%;">)</td> </tr> <tr style="height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 66.0279%;"> Other </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 0.87108%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 1%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 13%;"> 469 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px; width: 1.74216%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 1.91638%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 1%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 13%;"> 479 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px; width: 1.21951%;"> </td> </tr> <tr style="height: 16px; background-color: #cceeff;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 66.0279%;"> Total net deferred income tax asset </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 0.87108%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 13%;"> 13,184 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1.74216%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1.91638%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 13%;"> 11,158 </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 16px; background-color: #cceeff; width: 1.21951%;"> </td> </tr> <tr style="height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 66.0279%;"> Less: Valuation allowance </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 0.87108%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 1%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 13%;"> (13,184 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px; width: 1.74216%;">)</td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px; width: 1.91638%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 1%;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px; width: 13%;"> (11,158 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px; width: 1.21951%;">)</td> </tr> <tr style="height: 10px; background-color: #cceeff;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 66.0279%;"> Net deferred income tax asset (liability) </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 0.87108%;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1%;"> $ </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 13%;"> — </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.74216%;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.91638%;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1%;"> $ </td> <td style="border-bottom: 2.25pt double #000000; padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 13%;"> — </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 1.21951%;"> </td> </tr> </tbody> </table>

9000

21000

1319000

2994000

2377000

2434000

7121000

3605000

1579000

1272000

43000

61000

308000

309000

83000

128000

124000

145000

469000

479000

13184000

11158000

13184000

11158000

13200000

400000

7100000

13200000

34900000

11000000

895000

861000

16000

23000

<table cellpadding="0" style="height: 152px; border-collapse: collapse; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt; width: 85%;" width="85%"> <tbody> <tr style="height: 18px;"> <td style="padding: 0.25pt; vertical-align: bottom; width: 1256.91px; height: 18px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 15.0947px; height: 18px;"> </td> <td colspan="6" style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 600.549px; height: 18px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"> Year ended December 31, </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; width: 21.7614px; height: 18px;"> </td> </tr> <tr style="height: 18px;"> <td style="padding: 0.25pt; vertical-align: bottom; width: 1256.91px; height: 18px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 15.0947px; height: 18px;"> </td> <td colspan="2" style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 264.792px; height: 18px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"> 2021 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; width: 31.4583px; height: 18px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 35.0947px; height: 18px;"> </td> <td colspan="2" style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 265.398px; height: 18px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"> 2020 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; width: 21.7614px; height: 18px;"> </td> </tr> <tr style="background-color: #cceeff; height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 1256.91px; height: 16px;"> Balance - beginning of year </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 15.0947px; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 17.5189px; height: 16px;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 246.004px; height: 16px;"> 861 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 31.4583px; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 35.0947px; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 17.5189px; height: 16px;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 246.61px; height: 16px;"> 298 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 21.7614px; height: 16px;"> </td> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; width: 1256.91px; height: 16px;"> Additions based on tax positions related to the current year </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 15.0947px; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 17.5189px; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 246.004px; height: 16px;"> 61 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 31.4583px; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 35.0947px; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 17.5189px; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 246.61px; height: 16px;"> 661 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 21.7614px; height: 16px;"> </td> </tr> <tr style="background-color: #cceeff; height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 1256.91px; height: 16px;"> Additions for tax positions of prior years </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 15.0947px; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 17.5189px; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 246.004px; height: 16px;"> — </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 31.4583px; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 35.0947px; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 17.5189px; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 246.61px; height: 16px;"> — </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 21.7614px; height: 16px;"> </td> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; width: 1256.91px; height: 16px;"> Reductions for tax positions of prior years </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 15.0947px; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 17.5189px; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 246.004px; height: 16px;"> — </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 31.4583px; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 35.0947px; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 17.5189px; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 246.61px; height: 16px;"> — </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 21.7614px; height: 16px;"/> </tr> <tr style="background-color: #cceeff; height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 1256.91px; height: 16px;"> Settlements </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 15.0947px; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 17.5189px; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 246.004px; height: 16px;"> (20 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 31.4583px; height: 16px;">)</td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 35.0947px; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 17.5189px; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 246.61px; height: 16px;"> (43 </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 21.7614px; height: 16px;">)</td> </tr> <tr style="height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; width: 1256.91px; height: 16px;"> Lapse in statutes of limitations </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 15.0947px; height: 16px;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 17.5189px; height: 16px;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 246.004px; height: 16px;"> (7 </td> <td style="padding: 0px; vertical-align: bottom; width: 32.1212px; height: 16px;">)</td> <td style="padding: 0.25pt; vertical-align: bottom; width: 35.0947px; height: 16px;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 17.5189px; height: 16px;"> </td> <td style="padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 246.61px; height: 16px;"> (55 </td> <td style="padding: 0px; vertical-align: bottom; width: 22.4242px; height: 16px;">)</td> </tr> <tr style="background-color: #cceeff; height: 20px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 1256.91px; height: 20px;"> Uncertain tax positions, ending balance </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 15.0947px; height: 20px;"> </td> <td style="padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; background-color: #cceeff; width: 17.5189px; height: 20px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;"> $ </td> <td style="padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; background-color: #cceeff; width: 246.004px; height: 20px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;"> 895 </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; background-color: #cceeff; width: 31.4583px; height: 20px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; width: 35.0947px; height: 20px;"> </td> <td style="padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; background-color: #cceeff; width: 17.5189px; height: 20px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;"> $ </td> <td style="padding: 0.25pt 0.25pt 1.1pt; vertical-align: bottom; background-color: #cceeff; width: 246.61px; height: 20px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;"> 861 </td> <td style="padding: 0.25pt 0.25pt 2.5pt; vertical-align: bottom; background-color: #cceeff; width: 21.7614px; height: 20px;"> </td> </tr> </tbody> </table>

861000

298000

61000

661000

20000

43000

7000

55000

895000

861000

0.10

<table cellpadding="0" style="border-collapse: collapse; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt; width: 85%; height: 78px;" width="85%"> <tbody> <tr style="height: 18px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 18px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 18px;"> </td> <td colspan="6" style="border-bottom: 1px solid rgb(0, 0, 0); padding: 0.25pt 0.25pt 0.75pt; vertical-align: bottom; height: 18px;"> Year ended December 31, </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 18px;"> </td> </tr> <tr style="height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px;"> </td> <td colspan="2" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px;"> 2021 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px;"> </td> <td colspan="2" style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; height: 17px;"> 2020 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; height: 17px;"> </td> </tr> <tr style="background-color: #cceeff; height: 16px;"> <td style="padding: 0.25pt; vertical-align: bottom; width: 63.94%; background-color: #cceeff; height: 16px;"> United States </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 0.94%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.2%; background-color: #cceeff; height: 16px;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 14.94%; background-color: #cceeff; height: 16px;"> 14,230 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 0.94%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 0.94%; background-color: #cceeff; height: 16px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 1.2%; background-color: #cceeff; height: 16px;"> $ </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 14.94%; background-color: #cceeff; height: 16px;"> 17,983 </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 0.94%; background-color: #cceeff; height: 16px;"> </td> </tr> <tr style="height: 17px;"> <td style="padding: 0.25pt; vertical-align: bottom; height: 17px;"> All other countries </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 0.94%; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 1.2%; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 14.94%; height: 17px;"> 14,737 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; width: 0.94%; height: 17px;"> </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 0.94%; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 1.2%; height: 17px;"> </td> <td style="border-bottom: 0.75pt solid #000000; padding: 0.25pt 0.25pt 0.4pt; vertical-align: bottom; width: 14.94%; height: 17px;"> 11,086 </td> <td style="padding: 0.25pt 0.25pt 1pt; vertical-align: bottom; width: 0.94%; height: 17px;"> </td> </tr> <tr style="background-color: #cceeff; height: 10px;"> <td style="padding: 0.25pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"> Total </td> <td style="padding: 0.25pt; vertical-align: bottom; width: 0.94%; background-color: #cceeff; height: 10px;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0px; vertical-align: bottom; width: 1.2%; background-color: #cceeff; height: 10px;"> $ </td> <td style="border-bottom: 2.25pt double #000000; padding: 0px; vertical-align: bottom; width: 14.94%; background-color: #cceeff; height: 10px;"> 28,967 </td> <td style="padding: 0px; vertical-align: bottom; width: 0.94%; background-color: #cceeff; height: 10px;"> </td> <td style="padding: 0px; vertical-align: bottom; width: 0.94%; background-color: #cceeff; height: 10px;"> </td> <td style="border-bottom: 2.25pt double #000000; padding: 0px; vertical-align: bottom; width: 1.2%; background-color: #cceeff; height: 10px;"> $ </td> <td style="border-bottom: 2.25pt double #000000; padding: 0px; vertical-align: bottom; width: 14.94%; background-color: #cceeff; height: 10px;"> 29,069 </td> <td style="padding: 0px; vertical-align: bottom; width: 0.94%; background-color: #cceeff; height: 10px;"> </td> </tr> </tbody> </table>

14230000

17983000

14737000

11086000

28967000

29069000

15. The Impact of Covid-19 <span style="color: rgb(0, 0, 0);font-family: "times new roman", times;font-size: 13.3333px;font-style: normal;font-variant-ligatures: normal;font-variant-caps: normal;font-weight: 400;letter-spacing: normal;orphans: 2;text-align: justify;text-indent: 0px;text-transform: none;white-space: normal;widows: 2;word-spacing: 0px;-webkit-text-stroke-width: 0px;text-decoration-thickness: initial;text-decoration-style: initial;text-decoration-color: initial;float: none;display: inline !important;line-height: inherit;line-height: 1;">As of the time of this filing the Company’s operating activities have been curtailed by the impact of Covid-19. Government directives have suspended manufacturing and limited workplace activities beginning March 23, 2020. The Company has empowered its employees to work remotely wherever possible to minimize the disruption to Company operations. The Company has received no communications from customers that indicate cancellations or substantial change in delivery schedules. Public health directives from governments around the world are advising or prohibiting large gatherings to inhibit the spread of Covid-19. This has suspended the use of our products for much of our installed customer base. Continued restrictions and the positional behavioral changes resulting from the impact of Covid-19 may continue to influence the demand for our products which typically attract a large audience. Also, the ongoing impact of Covid-19 on the world’s economy could ultimately have material adverse consequences to the Company; however, as of now, the Company is unable to determine the likelihood or degree of such adverse consequences.

<div><span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; border-left: none; border-right: none;">16<span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">. Subsequent events</div> <div> </div> <div style="line-height: 1;">On January 4, 2022, the Company entered into a Securities Purchase Agreement with Edward D. Bagley, pursuant to which the Company agreed to issue and sell, in a private placement 1,538,461 shares (the “Shares”) of the Company’s common stock, par value $0.001 per share, at a purchase price of $1.30 per share of Common Stock. The consideration for the Shares is the cancellation and termination of Mr. Bagley’s outstanding bridge loan to the Company in the principal amount of $2,000,000 originally issued on July 2, 2021 and amended and restated on September 11, 2021. Mr. Bagley is an affiliate of the Company and the Company’s single largest stockholder. </div>

1538461

0.001

1.3

2000000000

2021-07-02

Recorded on the consolidated balance sheets as additional paid-in capital. Sales and accounts receivable from Customer A and Customer B in 2020 did not exceed 10% of revenue and total gross accounts receivable.