v3.25.2
Discontinued Operations (Tables)
6 Months Ended
Jun. 30, 2025
Disposal Group, Including Discontinued Operation, Income Statement Disclosures [Abstract]  
Summary of Discontinued Operations Reported in Statement of Operations

The components of income from discontinued operations as reported in the Company’s statements of operations were as follows (in thousands):

 

 

Three months ended June 30,

 

 

Six months ended June 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Total revenues

 

$

 

 

$

1,525

 

 

$

 

 

$

2,856

 

Operating expenses:

 

 

 

 

 

 

 

 

 

 

 

 

Cost of product revenues

 

 

 

 

 

329

 

 

 

 

 

 

617

 

Selling, general and administrative

 

 

 

 

 

406

 

 

 

 

 

 

861

 

Total operating expenses

 

 

 

 

 

735

 

 

 

 

 

 

1,478

 

Other expense:

 

 

 

 

 

 

 

 

 

 

 

 

Interest and other expenses

 

 

 

 

 

445

 

 

 

69

 

 

 

974

 

Total costs and expenses

 

 

 

 

 

1,180

 

 

 

69

 

 

 

2,452

 

Income (loss) from discontinued operations

 

 

 

 

 

345

 

 

 

(69

)

 

 

404

 

Net income (loss) per share

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

 

 

$

0.01

 

 

$

 

 

$

0.01

 

Diluted

 

$

 

 

$

0.01

 

 

$

 

 

$

0.01

 

Weighted-average shares used in computing net (loss) income per share

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

 

31,042

 

 

 

31,038

 

 

 

31,042

 

 

 

30,838

 

Diluted

 

 

31,163

 

 

 

31,038

 

 

 

31,042

 

 

 

30,838

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Summary of Non-cash Items Related to Discontinued Operations Included in Statement of Cash Flows

The following table presents certain non-cash items related to discontinued operations, which are included in the Company’s statements of cash flows (in thousands):

 

 

Three months ended June 30,

 

Six months ended June 30,

 

 

2025

 

 

2024

 

2025

 

 

2024

 

Depreciation

$

 

 

$

2

 

$

 

 

$

4

 

Stock-based compensation expense

 

 

 

 

10

 

 

 

 

 

22

 

Non-cash items, net

$

 

 

$

12

 

$

 

 

$

26