Major classes of line items constituting the balance sheet of discontinued operations:
|
|
|
|
|
|
|
|
|
(In thousands) |
|
June 30, 2025 |
|
|
December 31, 2024 |
|
Assets |
|
|
|
|
|
|
Accounts receivable and other receivables |
|
$ |
— |
|
|
$ |
96 |
|
Total assets |
|
$ |
— |
|
|
$ |
96 |
|
Major classes of line items constituting net loss from discontinued operations:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended June 30, |
|
|
Six Months Ended June 30, |
|
|
|
2025 |
|
|
2024 |
|
|
2025 |
|
|
2024 |
|
(In thousands) |
|
|
|
|
|
|
|
|
|
|
|
|
Product revenue |
|
$ |
— |
|
|
$ |
179 |
|
|
$ |
— |
|
|
$ |
447 |
|
Cost of revenues |
|
|
— |
|
|
|
(342 |
) |
|
|
— |
|
|
|
(691 |
) |
Research and development |
|
|
— |
|
|
|
(133 |
) |
|
|
— |
|
|
|
(400 |
) |
Gain on sale of property and equipment |
|
|
— |
|
|
|
91 |
|
|
|
— |
|
|
|
89 |
|
Selling, general and administrative |
|
|
— |
|
|
|
(584 |
) |
|
|
— |
|
|
|
(1,710 |
) |
Net loss from discontinued operations |
|
$ |
— |
|
|
$ |
(789 |
) |
|
$ |
— |
|
|
$ |
(2,265 |
) |
The following table presents cash and non-cash items of discontinued operations:
|
|
|
|
|
|
|
|
|
|
|
Six Months Ended June 30, |
|
(In thousands) |
|
2025 |
|
|
2024 |
|
Depreciation |
|
$ |
— |
|
|
$ |
37 |
|
Gain on disposal of property and equipment |
|
$ |
— |
|
|
$ |
(89 |
) |
Accounts receivable and other receivables |
|
$ |
— |
|
|
$ |
(76 |
) |
Inventories |
|
$ |
— |
|
|
$ |
575 |
|
Accounts payable and accrued expenses |
|
$ |
— |
|
|
$ |
(261 |
) |
Proceeds from sale of property and equipment |
|
$ |
— |
|
|
$ |
162 |
|
Proceeds from sale of property and equipment in accounts receivable and other receivables |
|
$ |
— |
|
|
$ |
84 |
|
|