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Revenue Recognition (Tables)
6 Months Ended
Jun. 30, 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 June 30,

 

 

Six Months Ended June 30,

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Product sales and rentals, net

 

$

906

 

 

$

1,228

 

 

$

1,949

 

 

$

1,879

 

Processing and storage fees, net

 

 

1,278

 

 

 

1,373

 

 

 

2,635

 

 

 

2,656

 

License, royalty and other

 

 

754

 

 

 

1,175

 

 

 

2,289

 

 

 

5,176

 

Net revenue

 

$

2,938

 

 

$

3,776

 

 

$

6,873

 

 

$

9,711

 

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*

 

 

2,438

 

 

 

2,397

 

Recognition of unearned revenue

 

 

(2,263

)

 

 

(2,235

)

Balance at June 30

 

$

4,667

 

 

$

4,229

 

* 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.