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DISCONTINUED OPERATIONS
 9 Months Ended
Sep. 30, 2025
Discontinued Operations and Disposal Groups [Abstract]  
DISCONTINUED OPERATIONS DISCONTINUED OPERATIONS
In 2024, we determined that the assets for our European businesses and our Coweta County, Georgia, business met the criteria for classification as held for sale. Additionally, we concluded that the ultimate disposal will represent a strategic shift that will have a major effect on the Company’s operations and financial results. As of September 30, 2025, the remaining assets continue to meet the criteria for classification as held for sale. Therefore, the historical results of these businesses are classified as discontinued operations for all periods presented herein.
On February 15, 2025, we completed the sale of our land in Coweta County, Georgia, for $50.0 million. Concurrently with the sale, we repaid a government grant of $20.0 million. As of September 30, 2025, $7.0 million of repayable government grants for the project are classified within current liabilities of discontinued operations on our condensed consolidated balance sheet.
Details of net loss from discontinued operations, net of taxes, are as follows (in thousands):
Three months ended September 30,Nine months ended September 30,
2025202420252024
Costs and expenses
General and administrative$367 $1,118 $8,771 $15,301 
Research and development— 8,616 — 30,854 
Restructuring charge— 4,507 1,092 4,644 
Share of net loss of equity method investee
1 150 426 484 
Total costs and expenses
368 14,391 10,289 51,283 
Loss from discontinued operations(368)(14,391)(10,289)(51,283)
Gain on disposal of property and equipment
— — 5,675 — 
Change in held for sale valuation allowance(2,585)— (3,793)— 
Other income (loss), net(13)1,014 (5,206)3,707 
Loss from discontinued operations before income taxes(2,966)(13,377)(13,613)(47,576)
Income tax expense
— — (1,518)— 
Net loss from discontinued operations, net of tax
$(2,966)$(13,377)$(15,131)$(47,576)
Allocated general corporate overhead costs do not meet the criteria to be presented within net income (loss) from discontinued operations, net of tax, and were excluded from all figures presented in the table above.
Details of the assets and liabilities of discontinued operations classified as held for sale in the condensed consolidated balance sheets are as follows (in thousands):
September 30, 2025December 31, 2024
Other current assets$768 $8,926 
Property and equipment, net46,787 52,765 
Intangible assets, net161 1,625 
Investments— 515 
Right-of-use asset under operating leases
3,858 1,078 
Current assets of discontinued operations$51,574 $64,909 
Accounts payable$3,507 $2,566 
Accrued liabilities and other14,021 5,764 
Operating lease liability15,713 15,136 
Deferred revenue174 — 
Other current liabilities7,000 27,543 
Current liabilities of discontinued operations$40,415 $51,009 
The cash flows related to discontinued operations have not been segregated and are included in the condensed consolidated statements of cash flows. Cash flow and non-cash information for the discontinued operations are as follows (in thousands):
Nine months ended September 30,
20252024
Depreciation $— $6,915 
Amortization— 113 
Capital expenditures2,674 34,683 
Proceeds from the return of property and equipment deposits1,202 22,735 
Write-down of held for sale assets
(3,793)— 
Accrued purchases of property and equipment and intangible assets— 6,133