BIOLASE, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Accrued Liabilities and Deferred Revenue (Tables)

Accrued Liabilities and Deferred Revenue (Tables)

3 Months Ended

Mar. 31, 2015

Accrued liabilities are comprised of the following (in thousands):

	March 31,		December 31,
	2015		2014
Payroll and benefits	$	2,177	$	1,905
Warranty accrual, current portion		1,027		930
Taxes		38		139
Accrued professional services		1,566		1,581
Accrued capital lease payments		143		—
Accrued insurance premium		104		450
Other		89		183
Total accrued liabilities	$	5,144	$	5,188

Changes in Initial Product Warranty Accrual and Expenses Under Initial and Extended Warranties

Changes in the initial product warranty accrual, and the expenses incurred under the Company’s initial and extended warranties, for the three months ended March 31, 2015 and 2014 were as follows (in thousands):

	Three Months Ended
	March 31,
	2015			2014
Initial warranty accrual, beginning balance	$	930		$	1,096
Provision for estimated warranty cost		970			148
Warranty expenditures		(233	)		(219	)
		1,667			1,025
Less warranty accrual, long-term		640			—
Total warranty accrual, current portion	$	1,027		$	1,025

Components of Deferred Revenue

Deferred revenue is comprised of the following (in thousands):

	March 31,		December 31,
	2015		2014
Undelivered elements (training, installation, and product and support services)	$	1,293	$	952
Extended warranty contracts		1,505		1,542
Deferred revenue, current portion	$	2,798	$	2,494