DISCONTINUED OPERATIONS (Tables)

12 Months Ended

Dec. 31, 2023

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Discontinued Operations of the MST Franchise

The following table presents the combined results of discontinued operations of the MST Franchise:

	Year ended December 31,
(in thousands)	2023		2022
Product sales, net	$	(525)	$	(1,844)
Cost of goods sold	—		80
Operating expenses:
Selling, general and administrative	55		259
Total operating expenses	55		259
Loss from discontinued operations	(580)		(2,183)
Gain on the sale of the MST Franchise	—		12,918
Income (loss) from discontinued operations, before income taxes	(580)		10,735
Income tax expense	—		—
Net income (loss) from discontinued operations	$	(580)	$	10,735

The following table presents non-cash items related to discontinued operations, which are included in the Company's consolidated statement of cash flows for the year ended December 31, 2022:

	Year ended December 31,
(in thousands)	2022
Cash Flows From Operating Activities:
Stock-based compensation (income) expense*	$	(352)
Gain on the sale of the MST Franchise	(12,918)
Total non-cash items of discontinued operations	$	(13,270)
Supplemental disclosure of cash flow information:
Amount due from sale of MST Franchise	$	5,000

*Income from stock-based compensation is related to forfeitures.

The following table presents the gain on the sale of the MST Franchise:

(in thousands)	Year ended December 31, 2022
Cash proceeds	20,000
Proceeds received in January 2023	5,000
	25,000
Less transaction costs	(4,334)
Less carrying value of assets sold	(7,748)
Gain on sale, before income taxes	12,918
Income tax expense	—
Gain on sale net of tax	$	12,918