Discontinued Operations (Tables)

6 Months Ended

Jun. 30, 2024

Discontinued Operations and Disposal Groups [Abstract]

Summary Of Operations and Comprehensive Loss And Balance Sheet Of Discontinued Operations

The divestiture met the criteria to be accounted for as a discontinued operation as of March 31, 2024. Accordingly, the operating results of the discontinued operations for the three and six months ended June 30, 2024 and 2023, respectively, are presented in the Condensed Consolidated Statements of Operations and Comprehensive Loss within income from discontinued operations as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
	2024		2023		2024			2023
	(in thousands)				(in thousands)
Revenue	$	89	$	2,280	$	1,478		$	4,326
Cost of sales		1		697		511			1,375
Gross profit		88		1,583		967			2,951
Operating expenses:
General and administrative		7		447		524			856
Selling and marketing		—		195		162			338
Research and development		—		534		476			1,101
Income (loss) from discontinued operations, net of tax		81		407		(195	)		656
Other income		—		—		—			22
Gain on sale of discontinued operations, net of tax		—		—		5,703			—
Net income from discontinued operations	$	81	$	407	$	5,508		$	678

The following table presented assets and liabilities of discontinued operations as of June 30, 2024 and December 31, 2023:

	June 30, 2024		December 31, 2023
	(in thousands)
Current assets:	$	927	$	656
Non-current assets:
Intangible assets, net		—		661
Goodwill		—		8,454
Other		—		482
Total assets of discontinued operations	$	927	$	10,253
Current liabilities:
Accounts payable	$	—	$	34
Accrued expenses		—		194
Accrued compensation		—		345
Operating lease liabilities		—		127
Total liabilities of discontinued operations	$	—	$	700