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Discontinued Operations and Assets Held for Sale (Tables)
12 Months Ended
Dec. 31, 2018
Discontinued Operations And Disposal Groups [Abstract]  
Components of Discontinued Operations

The components of the Consolidated Balance Sheet accounts presented as assets and liabilities held for sale as of December 31, 2017 follow (in thousands).  There were no assets or liabilities held for sale as of December 31, 2018 after the deconsolidation of Capnia.

 

 

 

December 31,

2017

 

Current assets

 

 

 

 

Accounts receivable

 

$

50

 

Inventory

 

 

420

 

Prepaid expenses and other current assets

 

 

46

 

Total current assets held for sale

 

$

516

 

Long-term assets

 

 

 

 

Property and equipment, net

 

$

20

 

Other intangible assets

 

 

446

 

Total long-term assets held for sale

 

$

466

 

Current liabilities

 

 

 

 

Accounts payable

 

$

51

 

Accrued compensation and other current liabilities

 

 

76

 

Total current liabilities for sale

 

$

127

 

Long-term liabilities

 

 

 

 

Other long-term liabilities

 

$

225

 

Total long-term liabilities held for sale

 

$

225

 

 

The components of the Consolidated Statements of Operations presented as discontinued operations follow (in thousands).

 

 

 

Year Ended December 31,

 

 

 

2018

 

 

2017

 

Product revenue

 

$

62

 

 

$

735

 

Cost of product revenue

 

 

32

 

 

 

820

 

Gross profit (loss)

 

 

30

 

 

 

(85

)

Expenses

 

 

 

 

 

 

 

 

Research and development

 

 

1,106

 

 

 

2,427

 

Sales and marketing

 

 

25

 

 

 

218

 

General and administrative

 

 

393

 

 

 

669

 

Total expenses

 

 

1,524

 

 

 

3,314

 

Operating loss

 

 

(1,494

)

 

 

(3,399

)

Other expense

 

 

 

 

 

 

 

 

Loss on sale of assets

 

 

 

 

 

(186

)

Other expense

 

 

 

 

 

(8

)

Total other expense

 

 

 

 

 

(194

)

Net loss from discontinued operations

 

$

(1,494

)

 

$

(3,593

)