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Revenue Recognition (Tables)
3 Months Ended
Mar. 31, 2023
Revenue From Contract With Customer [Abstract]  
Schedule of Disaggregated Revenue by Product and Services

The following table provides information about disaggregated revenue by product and services:

 

 

 

Three Months Ended March 31,

 

 

 

2023

 

 

2022

 

Product sales and rentals, net

 

$

1,043

 

 

$

651

 

Processing and storage fees, net

 

 

1,357

 

 

 

1,283

 

License, royalty and other

 

 

1,535

 

 

 

4,001

 

Net revenue

 

$

3,935

 

 

$

5,935

 

 

Schedule of Changes in Deferred Revenue from Contract Liabilities

The following table provides changes in deferred revenue from contract liabilities:

 

 

 

2023

 

 

2022

 

Balance at January 1

 

$

4,492

 

 

$

4,067

 

Deferral of revenue*

 

 

1,195

 

 

 

1,649

 

Recognition of unearned revenue

 

 

(1,163

)

 

 

(1,610

)

Balance at March 31

 

$

4,524

 

 

$

4,106

 

 

* Deferral of revenue resulted from payments received in advance of performance under the biobanking services storage contracts that are recognized as revenue under the contract as performance is completed.