XML 42 R29.htm IDEA: XBRL DOCUMENT v3.25.0.1
Description of Business and Basis of Presentation (Tables)
9 Months Ended 12 Months Ended
Sep. 30, 2024
Dec. 31, 2023
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)

 

September 30,
2024

 

 

December 31,
2023

 

 

September 30,
2024

 

 

December 31,
2023

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

Accounts receivable and other receivables

 

$

70

 

 

$

8

 

 

$

 

 

$

 

Inventories, net — current

 

 

 

 

 

1,121

 

 

 

 

 

 

 

Property and equipment, net

 

 

 

 

 

314

 

 

 

 

 

 

 

Inventories, net — noncurrent

 

 

 

 

 

3,158

 

 

 

 

 

 

 

Total assets

 

$

70

 

 

$

4,601

 

 

$

 

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

Accounts payable and accrued expenses

 

$

 

 

$

500

 

 

$

 

 

$

 

Total liabilities

 

$

 

 

$

500

 

 

$

 

 

$

 

 

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

 

 

GoodWheat

 

 

Body Care

 

 

Three Months Ended
September 30,

 

 

Nine Months Ended
September 30,

 

 

Three Months Ended
September 30,

 

 

Nine Months Ended
September 30,

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

(In thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Product revenue

 

$

(76

)

 

$

300

 

 

$

372

 

 

$

484

 

 

$

 

 

$

37

 

 

$

 

 

$

373

 

Cost of revenues

 

 

 

 

 

(285

)

 

 

(691

)

 

 

(634

)

 

 

 

 

 

(34

)

 

 

 

 

 

(313

)

Research and development

 

 

 

 

 

(291

)

 

 

(400

)

 

 

(1,000

)

 

 

 

 

 

 

 

 

 

 

 

 

(Loss) Gain on sale of
   property and equipment

 

 

(24

)

 

 

11

 

 

 

65

 

 

 

36

 

 

 

 

 

 

 

 

 

 

 

 

 

Selling, general and
   administrative

 

 

(330

)

 

 

(1,580

)

 

 

(2,040

)

 

 

(4,551

)

 

 

 

 

 

(86

)

 

 

 

 

 

(651

)

Net loss from discontinued
   operations

 

$

(430

)

 

$

(1,845

)

 

$

(2,694

)

 

$

(5,665

)

 

$

 

 

$

(83

)

 

$

 

 

$

(591

)

 

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

 

 

GoodWheat

 

 

Body Care

 

 

Nine Months Ended
September 30,

 

 

Nine Months Ended
September 30,

 

(In thousands)

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Depreciation

 

$

37

 

 

$

109

 

 

$

 

 

$

24

 

Gain on disposal of property and equipment

 

$

(65

)

 

$

(36

)

 

$

 

 

$

 

Write-down of inventories

 

$

 

 

$

275

 

 

$

 

 

$

 

Accounts receivable and other receivables

 

$

(78

)

 

$

 

 

$

 

 

$

(99

)

Inventories

 

$

575

 

 

$

(1,975

)

 

$

 

 

$

250

 

Prepaid expenses and other current assets

 

$

 

 

$

 

 

$

 

 

$

14

 

Accounts payable and accrued expenses

 

$

(500

)

 

$

144

 

 

$

 

 

$

5

 

Proceeds from sale of property and
   equipment

 

$

342

 

 

$

37

 

 

$

 

 

$

 

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

 

 

GoodWheat

 

 

Body Care

 

(In thousands)

 

December 31,
2023

 

 

December 31,
2022

 

 

December 31,
2023

 

 

December 31,
2022

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

Accounts receivable and other receivables

 

$

8

 

 

$

 

 

$

 

 

$

66

 

Inventories, net — current

 

 

1,121

 

 

 

1,090

 

 

 

 

 

 

250

 

Prepaid expenses and other current assets

 

 

 

 

 

 

 

 

 

 

 

14

 

Property and equipment, net

 

 

314

 

 

 

502

 

 

 

 

 

 

24

 

Inventories, net — noncurrent

 

 

3,158

 

 

 

495

 

 

 

 

 

 

 

Total assets

 

$

4,601

 

 

$

2,087

 

 

$

 

 

$

354

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

Accounts payable and accrued expenses

 

$

500

 

 

$

474

 

 

$

 

 

$

26

 

Total liabilities

 

$

500

 

 

$

474

 

 

$

 

 

$

26

 

 

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

 

 

GoodWheat

 

 

Body Care

 

 

Year Ended December 31,

 

 

Year Ended December 31,

 

(In thousands)

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Product revenue

 

$

876

 

 

$

2,421

 

 

$

357

 

 

$

2,537

 

Cost of revenues

 

 

(1,126

)

 

 

(2,132

)

 

 

(314

)

 

 

(3,700

)

Research and development

 

 

(1,323

)

 

 

(1,494

)

 

 

 

 

 

 

Impairment of intangible assets

 

 

 

 

 

 

 

 

 

 

 

(263

)

Gain on sale of property and equipment

 

 

11

 

 

 

 

 

 

 

 

 

 

Impairment of property and equipment

 

 

 

 

 

 

 

 

 

 

 

(371

)

Selling, general and administrative

 

 

(6,274

)

 

 

(5,815

)

 

 

(864

)

 

 

(3,011

)

Other income, net

 

 

 

 

 

 

 

 

 

 

 

24

 

Net loss from discontinued operations

 

$

(7,836

)

 

$

(7,020

)

 

$

(821

)

 

$

(4,784

)

 

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

 

 

GoodWheat

 

 

Body Care

 

 

Year Ended December 31,

 

 

Year Ended December 31,

 

(In thousands)

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Depreciation

 

$

151

 

 

$

105

 

 

$

24

 

 

$

88

 

Impairment of intangible assets

 

$

 

 

$

 

 

$

 

 

$

263

 

Write-down of inventories

 

$

275

 

 

$

111

 

 

$

 

 

$

1,369

 

Gain on disposal of property and equipment

 

$

(11

)

 

$

 

 

$

 

 

$

 

Impairment of property and equipment

 

$

 

 

$

 

 

$

 

 

$

371

 

Accounts receivable and other receivables

 

$

(8

)

 

$

 

 

$

66

 

 

$

588

 

Inventories

 

$

(2,969

)

 

$

1,290

 

 

$

250

 

 

$

(251

)

Prepaid expenses and other current assets

 

$

 

 

$

 

 

$

14

 

 

$

132

 

Accounts payable and accrued expenses

 

$

26

 

 

$

(401

)

 

$

(26

)

 

$

(415

)

Proceeds from sale of property and equipment

 

$

48

 

 

$

 

 

$

 

 

$

 

 

There were no other significant operating or investing non-cash items for the years ended December 31, 2023 and 2022.