v3.26.1
Discontinued Operation and TSA (Tables)
 6 Months Ended
Jun. 30, 2026
Discontinued Operation and TSA  
Schedule of assets, liabilities, and gain on disposal of the discontinued operations The following table presents the gain on the sale of the Desktop Portfolio as of June 30, 2025, pursuant to the Securities and Asset Purchase Agreement by and between the Company and Repligen, dated as of the Closing Date (the “Repligen Purchase Agreement”) (in thousands):

The following table presents the financial results of the discontinued operations prior to the sale of the Desktop Portfolio (in thousands):

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Three Months Ended June 30, 

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Six Months Ended June 30, 

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2025

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2025

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Revenue:

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Product revenue

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$

—

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$

612

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Service and contract revenue

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—

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464

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Total revenue

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—

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1,076

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Cost of revenue:

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Product cost of revenue

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—

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571

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Service and contract cost of revenue

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—

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340

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Total cost of revenue

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—

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911

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Gross profit

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—

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165

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Operating expenses:

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Research and development

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—

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1,576

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Selling, general and administrative

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398

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1,668

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Total operating expenses

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398

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3,244

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Other income (expense), net:

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Gain on divesture

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—

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56,200

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Other expense, net:

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—

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(95)

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Total other income, net:

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—

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56,105

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Income (loss) from discontinued operations before income taxes

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$

(398)

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$

53,026

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Benefit for income taxes

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—

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16

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Net income (loss) from discontinued operations, net of tax

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$

(398)

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$

53,042

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