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Leases | 9 Months Ended
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Sep. 30, 2024
Leases [Abstract] |
Leases | Leases The Company is the lessee for operating leases for offices, R&D facilities and manufacturing facilities. The Company determines if an arrangement is a lease at inception. Operating leases are included in right-of-use assets and liabilities. For a discussion of lessor activities, see Note 12, “Revenue recognition.” The components of lease expense were as follows:
|  | Three Months Ended September 30, |  | Nine Months Ended September 30,
|  | 2024 |  | 2023 |  | 2024 |  | 2023
Operating lease cost: |  |  |  |  |  |  |  |
Amortization of right-of-use assets |  | $ | 0.7 |  |  | $ | 1.1 |  |  | $ | 2.5 |  |  | $ | 3.1 |
Interest on lease liabilities |  | 0.2 |  |  | 0.2 |  |  | 0.6 |  |  | 0.6 |
Total operating lease cost |  | $ | 0.9 |  |  | $ | 1.3 |  |  | $ | 3.1 |  |  | $ | 3.7 |
Operating lease costs are reflected as components of “Cost of Commercial Product sales”, “Cost of MCM Product sales”, “Cost of Bioservices”, “R&D” expense and “SG&A” expense on the Company's Condensed Consolidated Statements of Operations. Supplemental balance sheet information related to lessee activities is as follows:
Leases | Classification |  | September 30, 2024 |  | December 31, 2023
Operating lease right-of-use assets | Other assets |  | $ | 12.4 |  |  | $ | 16.2 |
Operating lease liabilities, current portion | Other current liabilities |  | $ | 2.7 |  |  | $ | 3.5 |
Operating lease liabilities | Other liabilities |  | 10.7 |  |  | 13.8 |
Total operating lease liabilities |  |  | $ | 13.4 |  |  | $ | 17.3 |
Operating leases: |  |  |  |  |
Weighted average remaining lease term (years) |  |  | 6.0 |  | 6.2
Weighted average discount rate |  |  | 5.5 | % |  | 5.3 | %

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- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/842-20/tableOfContent + Details
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