XML 23 R17.htm IDEA: XBRL DOCUMENT
v3.24.3

Consolidated Balance Sheet Detail | 6 Months Ended
--- | ---
Jun. 30, 2024
Disclosure Text Block [Abstract] |
Consolidated Balance Sheet Detail | 8. Consolidated Balance Sheet Detail Inventories, net Inventories, net consists of the following:
|  | June 30, |  |  | December 31, |
|  | 2024 |  |  | 2023 |
|  | (Amounts in thousands) |
Raw materials |  | $ | 111,487 |  |  | $ | 123,598 |
Work-in-process |  |  | 5,248 |  |  |  | 4,492 |
Finished products |  |  | 73,793 |  |  |  | 74,231 |
Total inventories, net |  | $ | 190,528 |  |  | $ | 202,321 |
Assets held for sale During the first quarter of 2024, the Company’s management decided it would explore a sale of the Company’s property located at 119 Fredon Springdale Road, Fredon, New Jersey (the “BioFlex Property”) and engaged a broker to assist with the sale process. As of June 30, 2024, the Company continues to conduct a sale process for the BioFlex Property, with the expectation of completing the sale by the end of 2024. As a result of these actions, the sale of the BioFlex Property meets the criteria to be classified as assets held-for-sale pursuant to ASC 360, “Impairment and Disposal of Long-Lived Assets.” Therefore, the Company recorded $1.0 million in assets held for sale in our condensed consolidated balance sheet as of June 30, 2024. Assets held for sale as of June 30, 2024 (for which there were no comparable amounts as of December 31, 2023) consist of the following (amounts in thousands):
|  | June 30, |
|  | 2024 |
Land |  | $ | 101 |
Buildings |  |  | 915 |
Total assets held for sale |  | $ | 1,016 |
Property, plant and equipment, net Property, plant and equipment, net consist of the following:
|  | June 30, |  |  | December 31, |
|  | 2024 |  |  | 2023 |
|  | (Amounts in thousands) |
Land |  | $ | 831 |  |  | $ | 992 |
Buildings |  |  | 697 |  |  |  | 1,667 |
Leasehold improvements |  |  | 128,455 |  |  |  | 126,663 |
Equipment |  |  | 114,013 |  |  |  | 114,606 |
Furniture, fixtures and office equipment |  |  | 9,046 |  |  |  | 9,077 |
Computer hardware and software |  |  | 39,942 |  |  |  | 35,528 |
Construction in progress |  |  | 54,334 |  |  |  | 47,086 |
Other |  |  | 501 |  |  |  | 544 |
Total property, plant and equipment |  |  | 347,819 |  |  |  | 336,163 |
Less - Accumulated depreciation |  |  | (143,220 | ) |  |  | (128,723 | )
Total property, plant and equipment, net |  | $ | 204,599 |  |  | $ | 207,440 |
Accrued liabilities Accrued liabilities consist of the following:
|  | June 30, |  |  | December 31, |
|  | 2024 |  |  | 2023 |
|  | (Amounts in thousands) |
|  | (As Restated) |  |  | (As Restated) |
Employee compensation |  | $ | 23,438 |  |  | $ | 16,660 |
Deferred revenue |  |  | 14,001 |  |  |  | 17,067 |
Income taxes payable |  |  | 1,071 |  |  |  | 6,814 |
Other |  |  | 19,839 |  |  |  | 16,772 |
Total accrued liabilities |  | $ | 58,349 |  |  | $ | 57,313 |

X
- References No definition available. + Details
Name: | us-gaap_DisclosureTextBlockAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for supplemental balance sheet disclosures, including descriptions and amounts for assets, liabilities, and equity. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 210 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/210/tableOfContent + Details
Name: | us-gaap_SupplementalBalanceSheetDisclosuresTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration