BUSINESS COMBINATION, ASSETS HELD FOR SALE AND DISCONTINUED OPERATIONS (Tables)

6 Months Ended

Jun. 30, 2023

BUSINESS COMBINATION, ASSETS HELD FOR SALE AND DISCONTINUED OPERATIONS

Schedule of assets, liabilities, intangible assets and loss from discontinued operations

The loss from discontinued operations, net of tax presented in the consolidated statements of operations includes the following results of RM 101 (in thousands):

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2023		2022		2023		2022
Net sales	$	—	$	4,595	$	—	$	8,825
Cost of goods sold		—		3,097		—		6,320
Gross profit		—		1,498		—		2,505
Selling, general and administrative expenses		18		1,351		61		2,615
Research and development expenses		—		152		—		289
Impairment on remeasurement or classification as held for sale		—		619		—		4,541
Loss from discontinued operations before other income		(18)		(624)		(61)		(4,940)
Other income		15		3		23		6
Loss from discontinued operations before income tax		(3)		(621)		(38)		(4,934)
Income tax expense				(9)		—		(8)
Loss from discontinued operations, net of tax	$	(3)	$	(630)	$	(38)	$	(4,942)