XML 27 R15.htm IDEA: XBRL DOCUMENT
v3.25.1

Property, Equipment and Software and Assets Held for Sale | 12 Months Ended
--- | ---
Dec. 31, 2024
Property, Plant and Equipment [Abstract] |
PROPERTY, EQUIPMENT AND SOFTWARE AND ASSETS HELD FOR SALE | NOTE 8: PROPERTY, EQUIPMENT AND SOFTWARE AND ASSETS HELD FOR SALE Property, equipment, and software consisted of the following as of December 31, 2024 and December 31, 2023 (in thousands):
|  | 2024 |  |  | 2023 |
Construction in progress |  | $ | 9 |  |  | $ | 70 |
Leasehold improvements |  |  | 12,028 |  |  |  | 11,945 |
Software |  |  | 432 |  |  |  | 432 |
Laboratory equipment |  |  | 15,086 |  |  |  | 15,856 |
Office equipment |  |  | 1,486 |  |  |  | 1,399 |
Furniture and fixtures |  |  | 2,124 |  |  |  | 2,124 |
Total property, equipment and software |  |  | 31,165 |  |  |  | 31,826 |
Less accumulated depreciation and amortization |  |  | 28,076 |  |  |  | 25,488 |
Property, equipment and software - net |  | $ | 3,089 |  |  | $ | 6,338 |
Depreciation expense for continuing operations, including amortization of leasehold improvements and software, was $3.4 million and $5.2 million for the years ended December 31, 2024 and 2023, respectively. As of December 31, 2024, the Company had $0.2 million in property, plant, and equipment that met the criteria for classification as held for sale. These assets are recognized at the lower of net book value or fair value less costs to sell using a market approach. The Company evaluated the fair value of its assets held for sale and determined fair value of the assets held for sale less costs to sell exceeded net book value. Accordingly, the Company recorded an impairment of $0.2 million on assets held for sale during the year ended December 31, 2024 to reflect the difference between net book value and the fair value less costs to sell of assets held for sale. The related impairment is recognized in the accompanying statement of operations in the loss on disposal of assets line item.

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

X
- Definition The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 360 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/360/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 6 -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-6 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (d) -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 7 -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-7 + Details
Name: | us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration