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Description of Business and Basis of Presentation (Tables)
 6 Months Ended
Jun. 30, 2024
Accounting Policies [Abstract]  
Summary of Major Classes of Line Items Constituting Discontinued Operations

Major classes of line items constituting the balance sheet of discontinued operations:

 

 

 

GoodWheat

 

 

Body Care

 

(In thousands)

 

June 30, 2024

 

 

December 31, 2023

 

 

June 30, 2024

 

 

December 31, 2023

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

Accounts receivable and other receivables

 

$

84

 

 

$

8

 

 

$

—

 

 

$

—

 

Inventories, net — current

 

 

—

 

 

 

1,121

 

 

 

—

 

 

 

—

 

Assets held for sale

 

 

128

 

 

 

—

 

 

 

—

 

 

 

—

 

Property and equipment, net

 

 

—

 

 

 

314

 

 

 

—

 

 

 

—

 

Inventories, net — noncurrent

 

 

—

 

 

 

3,158

 

 

 

—

 

 

 

—

 

Total assets

 

$

212

 

 

$

4,601

 

 

$

—

 

 

$

—

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

Accounts payable and accrued expenses

 

$

240

 

 

$

500

 

 

$

—

 

 

$

—

 

Total liabilities

 

$

240

 

 

$

500

 

 

$

—

 

 

$

—

 

 

Major classes of line items constituting net loss from discontinued operations:

 

 

 

GoodWheat

 

 

Body Care

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended June,

 

 

Six Months Ended June,

 

 

Three Months Ended June,

 

 

Six Months Ended June,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

(In thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Product revenue

 

$

179

 

 

$

35

 

 

$

447

 

 

$

184

 

 

$

—

 

 

$

58

 

 

$

—

 

 

$

336

 

Cost of revenues

 

 

(342

)

 

 

(189

)

 

 

(691

)

 

 

(349

)

 

 

—

 

 

 

(143

)

 

 

—

 

 

 

(280

)

Research and development

 

 

(133

)

 

 

(364

)

 

 

(400

)

 

 

(710

)

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Gain on sale of property and equipment

 

 

91

 

 

 

7

 

 

 

89

 

 

 

26

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Selling, general and administrative

 

 

(584

)

 

 

(1,496

)

 

 

(1,710

)

 

 

(2,970

)

 

 

—

 

 

 

(245

)

 

 

—

 

 

 

(567

)

Net loss from discontinued operations

 

$

(789

)

 

$

(2,007

)

 

$

(2,265

)

 

$

(3,819

)

 

$

—

 

 

$

(330

)

 

$

—

 

 

$

(511

)

The following table presents non-cash items of discontinued operations:

 

 

 

GoodWheat

 

 

Body Care

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended June 30,

 

 

Six Months Ended June 30,

 

(In thousands)

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Depreciation

 

$

37

 

 

$

78

 

 

$

—

 

 

$

6

 

Gain on disposal of property and equipment

 

$

(89

)

 

$

(26

)

 

$

—

 

 

$

—

 

Write-down of inventories

 

$

—

 

 

$

23

 

 

$

—

 

 

$

—

 

Accounts receivable and other receivables

 

$

(76

)

 

$

—

 

 

$

—

 

 

$

(55

)

Inventories

 

$

575

 

 

$

(1,470

)

 

$

—

 

 

$

235

 

Prepaid expenses and other current assets

 

$

—

 

 

$

—

 

 

$

—

 

 

$

14

 

Accounts payable and accrued expenses

 

$

(261

)

 

$

122

 

 

$

—

 

 

$

(21

)

Proceeds from sale of property and equipment

 

$

162

 

 

$

37

 

 

$

—

 

 

$

—

 

Proceeds from sale of property and equipment in accounts receivable and other receivables

 

$

84

 

 

$

2

 

 

$

—

 

 

$

—

 
There were no other operating or investing non-cash items for the six months ended June 30, 2024 and 2023