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Discontinued Operations (Tables)
3 Months Ended
Mar. 31, 2025
Discontinued Operations and Disposal Groups [Abstract]  
Summary of Major Classes of Line Items Constituting Discontinued Operations

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

 

(In thousands)

 

March 31, 2025

 

 

December 31, 2024

 

Assets

 

 

 

 

 

 

Accounts receivable and other receivables

 

$

96

 

 

$

96

 

Total assets

 

$

96

 

 

$

96

 

 

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

 

 

 

Three Months Ended March 31,

 

 

 

 

2025

 

 

2024

 

 

(In thousands)

 

 

 

 

 

 

 

Product revenue

 

$

 

 

$

268

 

 

Cost of revenues

 

 

 

 

 

(349

)

 

Research and development

 

 

 

 

 

(267

)

 

Loss on sale of property and equipment

 

 

 

 

 

(2

)

 

Selling, general and administrative

 

 

 

 

 

(1,126

)

 

Net loss from discontinued operations

 

$

 

 

$

(1,476

)

 

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

 

 

 

Three Months Ended March 31,

 

(In thousands)

 

2025

 

 

2024

 

Depreciation

 

$

 

 

$

32

 

Loss on sale of property and equipment

 

$

 

 

$

2

 

Inventories

 

$

 

 

$

243

 

Accounts payable and accrued expenses

 

$

 

 

$

(109

)

Proceeds from sale of property and equipment

 

$

 

 

$

17