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Organization and significant accounting policies (Tables) | 12 Months Ended
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Dec. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Schedule of Revenues by Product Line | Total bioproduction products and services revenue for the years ended December 31, 2024, 2023, and 2022 were comprised of the following:
| Years Ended December 31,
(In thousands, except percentages) | 2024 |  | 2023 |  | 2022
Product revenue |  |  |  |  |
Cell processing | $ | 73,446 |  |  | $ | 65,772 |  |  | $ | 68,509 |
Evo and thaw | 2,582 |  |  | 3,196 |  |  | 3,434 |
Service revenue |  |  |  |  |
Evo and thaw | 160 |  |  | 349 |  |  | 73 |
Rental revenue |  |  |  |  |
Evo and thaw | 6,066 |  |  | 6,538 |  |  | 4,223 |
Total revenue | $ | 82,254 |  |  | $ | 75,855 |  |  | $ | 76,239 |
Schedule of Earnings Per Share, Basic and Diluted | The following table presents computations of basic and diluted earnings per share:
| Year Ended December 31,
(In thousands, except share and earnings per share data) | 2024 |  | 2023 |  | 2022
Basic and diluted (loss) income from continuing operations per common share |  |  |  |  |
Numerator: |  |  |  |  |
(Loss) income from continuing operations | $ | (11,387) |  |  | $ | (18,447) |  |  | $ | 388 |
Denominator: |  |  |  |  |
Weighted-average common shares issued and outstanding - Basic | 46,067,073 |  | 43,719,185 |  | 42,481,027
Effect of dilutive securities | — |  |  | — |  |  | 592,446 |
Weighted-average common shares issued and outstanding - Diluted | 46,067,073 |  |  | 43,719,185 |  |  | 43,073,473 |
Net (loss) income per share from continuing operations attributable to common shareholders |  |  |  |  |
Basic | $ | (0.25) |  |  | $ | (0.42) |  |  | $ | 0.01 |
Diluted | $ | (0.25) |  |  | $ | (0.42) |  |  | $ | 0.01 |
Anti-dilutive shares | 1,283,885 |  |  | 647,348 |  |  | — |
Schedule of Product Revenue Concentration | The following is a summary of revenue by major product family representing over 10% of the Company's total revenue:
| Years Ended December 31,
Revenue by major product | 2024 |  | 2023 |  | 2022
CryoStor | 73 | % |  | 73 | % |  | 77 | %
Schedule of Revenue by Geographic Areas | The following table represents the Company’s total revenue by geographic area (based on the location of the customer):
| Years Ended December 31,
Revenue by customers’ geographic locations(1) | 2024 |  | 2023 |  | 2022
United States | 75 | % |  | 82 | % |  | 82 | %
Europe, Middle East, Africa (EMEA) | 19 | % |  | 12 | % |  | 12 | %
Other | 6 | % |  | 6 | % |  | 6 | %
Total revenue | 100 | % |  | 100 | % |  | 100 | %
(1) During the year ended December 31, 2023, the Company updated its methodology for determining the country of origin for its sales. Sales are now recorded by shipping country rather than billing country. The Company updated the methodology retrospectively, adjusting the prior year presentation for all regions presented.

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