Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies

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Commitments and Contingencies
3 Months Ended
Mar. 31, 2022
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies Commitments and Contingencies
Inventory Purchase and Other Contractual Obligations
As of March 31, 2022, future minimum payments under inventory purchase and other obligations are as follows:
Inventory Purchase Obligations Other Obligations Total
2022 (9 months) $ 176,447  $ 17,858  $ 194,305 
2023 6,853  15,410  22,263 
2024 —  705  705 
2025 —  111  111 
Total minimum payments $ 183,300  $ 34,084  $ 217,384 

Other obligations consist of contractual payments due for software licenses.

Jointly Funded Research and Development

From time to time, the Company enters into contracts for jointly funded research and development projects to develop technology that may be commercialized into a product in the future. As the Company may be required to repay all or a portion of the funds provided by the other parties under certain conditions, certain funds received from the other parties of $3.0 million have been deferred in other long-term liabilities. Additional amounts under the contracts are tied to certain milestones and will also be recorded as a long-term liability as payment due under such milestones are received. The Company de-recognizes the liabilities when the contingencies associated with the repayment conditions have been resolved. During the three months ended March 31, 2022, the Company recognized $3.8 million in previously deferred amounts from other parties due to resolution of such repayment conditions.
Other Matters
From time to time, the Company is subject to threats of litigation or actual litigation in the ordinary course of business, some of which may be material. The Company believes that there are no currently pending litigation matters that, if determined adversely to the Company’s interests, would have a material effect on the Company’s financial position, results of operations, or cash flows or that would not be covered by the Company’s existing liability insurance.