Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2021

Discontinued Operations and Disposal Groups [Abstract]

Disposal Groups, Including Discontinued Operations

The carrying values of the major classes of assets and liabilities included in assets and liabilities held for sale or abandonment related to MBP Titan as of December 31, 2021 and 2020, are as follows:

	December 31,
	2021		2020
Assets
Property, plant and equipment, net	$	—	$	586
Right-of-use assets	—		9,131
Other assets	—		136
Total assets held for sale or abandonment	$	—	$	9,853
Liabilities
Lease liabilities, current	$	—	$	1,890
Other current liabilities	—		619
Lease liabilities, net of current portion	—		11,538
Total liabilities held for sale or abandonment	$	—	$	14,047

The following table presents the financial results of discontinued operations related to MBP Titan:

	Year Ended December 31,
	2021		2020		2019
Operating (gains) expenses (1)	$	(4,599)	$	40,692	$	37,423
Operating income (loss)	4,599		(40,692)		(37,423)
Income (loss) before income taxes	4,599		(40,692)		(37,423)
Income (loss) from discontinued operations	$	4,599	$	(40,692)	$	(37,423)

(1)Includes a goodwill impairment charge of $9,635 and an impairment charge on property, plant and equipment and ROU Assets of $12,406 in 2020 in conjunction with the suspension of MBP Titan's operations discussed above.

The following table presents the significant noncash items, purchases of property, plant and equipment, and proceeds from sales of assets for the discontinued operations related to MBP Titan that are included in the accompanying consolidated statements of cash flows.

	Year Ended December 31,
	2021		2020		2019
Adjustments to reconcile net loss to net cash used in operating activities
Depreciation and amortization	$	—	$	2,474	$	3,647
Impairment of goodwill	—		9,635		—
Impairment of other noncurrent assets	—		12,406		—
(Gain) loss on disposal of assets, net	(464)		67		(316)
Stock-based compensation expense	—		(34)		1,345
Noncash gain on termination of leases	(4,602)		—		—
Cash flows from investing activities
Purchases of property, plant and equipment	—		(88)		(2,114)
Proceeds from sales of assets	1,083		3,952		29

The following tables present the financial results of discontinued operations related to the Transactions for the year ended December 31, 2020 and 2019. There were no discontinued operations related to the Transactions for the year ended December 31, 2021.

	Year Ended December 31, 2020
	TS Biotechnology Sale		EnviroFlight Sale		Total
Revenues (1)	$	1,294	$	—	$	1,294
Operating expenses	896		—		896
Operating income	398		—		398
Gain on sale of discontinued operations	633		39		672
Loss on release of cumulative foreign currency translation adjustment	(26,957)		—		(26,957)
Other expense, net	(129)		—		(129)
Equity in net loss of affiliates	—		(38)		(38)
Income (loss) before income taxes	(26,055)		1		(26,054)
Income tax expense	(2)		—		(2)
Income (loss) from discontinued operations	$	(26,057)	$	1	$	(26,056)

(1)Includes revenue recognized from related parties of $436.

	Year Ended December 31, 2019
	TS Biotechnology Sale		EnviroFlight Sale		Total
Revenues (1)	$	12,307	$	—	$	12,307
Operating expenses (2)	116,091		10,794		126,885
Operating loss	(103,784)		(10,794)		(114,578)
Other expense, net	(272)		—		(272)
Equity in net loss of affiliates	—		(4,314)		(4,314)
Loss before income taxes	(104,056)		(15,108)		(119,164)
Income tax benefit	3,005		—		3,005
Loss from discontinued operations	$	(101,051)	$	(15,108)	$	(116,159)

(1)Includes revenue recognized from related parties of $3,042.

(2)Includes the impairment charge of $89,679 related to the Transactions discussed above.

The following table presents the significant noncash items, investments in EnviroFlight and purchases of property, plant and equipment for the discontinued operations for the Transactions that are included in the accompanying consolidated statements of cash flows.

	Year Ended December 31,
	2020		2019
Adjustments to reconcile net loss to net cash used in operating activities
Depreciation and amortization	$	—	$	5,107
Impairment of goodwill	—		58,042
Impairment of other noncurrent assets	—		31,637
Gain on sale of discontinued operations	(672)		—
Loss on release of cumulative foreign currency translation adjustment	26,957		—
Unrealized and realized depreciation on equity securities and preferred stock, net	106		458
Equity in net loss of EnviroFlight	38		4,314
Stock-based compensation expense	(1,346)		2,507
Deferred income taxes	—		(2,710)
Cash flows from investing activities
Investments in EnviroFlight	—		(2,000)
Purchases of property, plant and equipment	(382)		(23,326)

Summarized financial data for EnviroFlight are shown in the following tables for the periods in which the Company held the equity method investment.

	Year Ended December 31,
	2020		2019
Revenues	$	16	$	510
Operating expenses	92		9,159
Operating loss	(76)		(8,649)
Other, net	—		21
Net loss	$	(76)	$	(8,628)