Post-effective amendment to a registration statement that is not immediately effective upon filing

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

v3.21.1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2021
Dec. 31, 2020
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES    
Schedule of Accrued warranty  

    

2020

    

2019

Warranty reserve, at the beginning of the year

$

1,491

$

116

Additions to warranty reserve

 

346

 

2,352

Claims fulfilled

 

(284)

 

(977)

Warranty reserve, at the end of the year

$

1,553

$

1,491

Schedule of estimated useful lives of the assets

Asset Classification

    

Useful Life

Equipment

 

2-12 years

Furniture and fixtures

 

3-5 years

Computer equipment

 

3 years

Tooling

 

3 years

Software

 

2-3 years

Leasehold improvements

 

Shorter of asset’s useful life or remaining life of the lease

Asset Classification

    

Useful Life

Equipment

 

35 years

Furniture and fixtures

 

3 years

Computer equipment

 

3 years

Tooling

 

3 years

Software

 

3 years

Leasehold improvements

 

Shorter of asset’s useful life or remaining life of the lease