ASSETS AND LIABILITIES HELD FOR SALE |
6 Months Ended |
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Jun. 30, 2026 | |
| ASSETS AND LIABILITIES HELD FOR SALE [Abstract] | |
| ASSETS AND LIABILITIES HELD FOR SALE |
5.
ASSETS AND LIABILITIES HELD FOR SALE
In
the first quarter of 2026, the Company completed the sale of its plasma
collection centers located in Maryville, Tennessee (“Maryville Center”),
Knoxville, Tennessee (“Knoxville Center”), and Laurel, Maryland (“Laurel
Center” and, collectively with the Maryville Center and Knoxville Center, the
“Disposal Group”), in that order. The sale was completed pursuant to an Asset
Purchase Agreement entered into on December 31, 2025, which provided for an
aggregate purchase price of $12.0 million, with fifty percent (50%) of the
consideration in the form of one-year secured promissory notes bearing interest
at ten percent (10%) and the remaining fifty percent (50%) payable in cash, $1.0
million of which was received in December 2025. As a result of the sale of the Disposal
Group, the Company recognized a gain of approximately $8.0 million. The Company
recorded the one-year secured promissory notes within prepaid expenses and
other current assets and recognized the gain within Gain on sale of plasma centers.
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