XML 43 R33.htm IDEA: XBRL DOCUMENT v3.23.1
Segment Information (Tables)
3 Months Ended
Mar. 31, 2023
Segment Reporting [Abstract]  
Schedule of Financial Information by Segment

Financial information by segment for the three months ended March 31, 2023 and 2022 is as follows:

 

 

 

Three Months Ended March 31, 2023

 

 

 

Cell
Therapy

 

 

BioBanking

 

 

Degenerative
Disease

 

 

Other

 

 

Total

 

Net sales

 

$

-

 

 

$

1,357

 

 

$

2,578

 

 

$

-

 

 

$

3,935

 

Gross profit

 

 

-

 

 

 

885

 

 

 

1,047

 

 

 

-

 

 

 

1,932

 

Direct expenses

 

 

40,162

 

 

 

344

 

 

 

3,009

 

 

 

11,155

 

 

 

54,670

 

Segment contribution

 

$

(40,162

)

 

$

541

 

 

$

(1,962

)

 

 

(11,155

)

 

 

(52,738

)

Indirect expenses

 

 

 

 

 

 

 

 

 

 

 

11,132

 

(a)

 

11,132

 

Loss from operations

 

 

 

 

 

 

 

 

 

 

 

 

 

$

(63,870

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(a) Components of other

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Change in fair value of contingent consideration liability

 

 

 

 

 

 

 

 

 

 

 

(18,932

)

 

 

 

Change in fair value of contingent stock consideration

 

 

 

 

 

 

 

 

 

 

 

(110

)

 

 

 

Goodwill impairment

 

 

 

 

 

 

 

 

 

 

 

29,633

 

 

 

 

Amortization

 

 

 

 

 

 

 

 

 

 

 

541

 

 

 

 

Total other

 

 

 

 

 

 

 

 

 

 

$

11,132

 

 

 

 

 

 

 

Three Months Ended March 31, 2022

 

 

 

Cell
Therapy

 

 

BioBanking

 

 

Degenerative
Disease

 

 

Other

 

 

Total

 

Net sales

 

$

-

 

 

$

1,283

 

 

$

4,652

 

 

$

-

 

 

$

5,935

 

Gross profit

 

 

-

 

 

 

335

 

 

 

1,574

 

 

 

-

 

 

 

1,909

 

Direct expenses

 

 

21,213

 

 

 

626

 

 

 

1,459

 

 

 

13,270

 

 

 

36,568

 

Segment contribution

 

 

(21,213

)

 

 

(291

)

 

 

115

 

 

 

(13,270

)

 

 

(34,659

)

Indirect expenses

 

 

 

 

 

 

 

 

 

 

 

6,955

 

(b)

 

6,955

 

Loss from operations

 

 

 

 

 

 

 

 

 

 

 

 

 

$

(41,614

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(b) Components of other

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Change in fair value of contingent consideration liability

 

 

 

 

 

 

 

 

 

 

 

4,849

 

 

 

 

Change in fair value of contingent stock consideration

 

 

 

 

 

 

 

 

 

 

 

1,565

 

 

 

 

Amortization

 

 

 

 

 

 

 

 

 

 

 

541

 

 

 

 

Total other

 

 

 

 

 

 

 

 

 

 

$

6,955