Annual report [Section 13 and 15(d), not S-K Item 405]

Schedule II: Valuation and Qualifying Accounts

v3.25.0.1
Schedule II: Valuation and Qualifying Accounts
 12 Months Ended
Dec. 31, 2024
SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]  
Schedule II: Valuation and Qualifying Accounts Schedule II: Valuation and Qualifying Accounts

 

 

Balance at

 

 

 

 

 

 

 

 

 

 

 

 

Beginning

 

 

 

 

 

 

 

 

Balance at

 

 

 

of Year

 

 

Additions

 

 

Deletions

 

 

End of Year

 

Year ended December 31, 2024

 

 

 

 

 

 

 

 

 

 

 

 

Allowance for doubtful accounts (1)

 

$

2,341

 

 

$

2,101

 

 

$

3,984

 

 

$

458

 

Allowance for sales returns (2)

 

 

479

 

 

 

8,789

 

 

 

8,855

 

 

 

413

 

Allowance for rental asset loss (3)

 

 

2,606

 

 

 

4,082

 

 

 

2,944

 

 

 

3,744

 

Year ended December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

Allowance for doubtful accounts (1)

 

$

77

 

 

$

2,273

 

 

$

9

 

 

$

2,341

 

Allowance for sales returns (2)

 

 

483

 

 

 

8,457

 

 

 

8,461

 

 

 

479

 

Allowance for rental asset loss (3)

 

 

2,255

 

 

 

3,290

 

 

 

2,939

 

 

 

2,606

 

Year ended December 31, 2022

 

 

 

 

 

 

 

 

 

 

 

 

Allowance for doubtful accounts (1)

 

$

52

 

 

$

97

 

 

$

72

 

 

$

77

 

Allowance for sales returns (2)

 

 

810

 

 

 

12,927

 

 

 

13,254

 

 

 

483

 

Allowance for rental asset loss (3)

 

 

1,290

 

 

 

2,940

 

 

 

1,975

 

 

 

2,255

 

 

(1)
The additions to the allowance for doubtful accounts represent the estimates of bad debt expense based upon factors for which the company evaluates the collectability of accounts receivable, with actual recoveries netted into additions. Deductions are the actual write-offs of the receivables.
(2)
The additions to the allowance for sales returns represent estimates of returns based upon historical returns experience, primarily for the direct-to-consumer sales channel. Deductions are the actual returns of products.
(3)
The additions to the allowance for rental asset loss represent estimated losses of the Company’s rental assets that will potentially be unrecoverable from the patient. Deductions are the actual write-offs of the rental assets.