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Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Net revenues        
Total revenues $ 3,786,000 $ 4,135,000 $ 10,659,000 $ 13,846,000
Cost of revenues (excluding amortization of acquired intangible assets)        
Research and development 5,182,000 20,351,000 30,737,000 67,373,000
Software cease-use costs 243,000   24,161,000  
Selling, general and administrative 10,748,000 14,907,000 37,508,000 46,941,000
Change in fair value of contingent consideration liability 0 (33,243,000) (104,339,000) (73,441,000)
Goodwill impairment 82,714,000 0 112,347,000 0
IPR&D impairment 0 0 107,800,000 0
Amortization of acquired intangible assets 553,000 553,000 1,640,000 1,640,000
Total operating expenses 103,042,000 9,781,000 216,261,000 56,931,000
Loss from operations (99,256,000) (5,646,000) (205,602,000) (43,085,000)
Other income (expense):        
Interest income 23,000 108,000 205,000 155,000
Interest expense (971,000) 0 (2,352,000) 0
Change in fair value of warrant liabilities 5,187,000 9,333,000 6,788,000 31,613,000
Change in fair value of debt 2,003,000 (291,000) (354,000) (291,000)
Other income (expense), net (862,000) 1,278,000 (4,527,000) 1,366,000
Total other income (expense) 5,380,000 10,428,000 (240,000) 32,843,000
(Loss) income before income taxes (93,876,000) 4,782,000 (205,842,000) (10,242,000)
Income tax benefit 0 (17,000) 0 0
Net (loss) income (93,876,000) 4,799,000 (205,842,000) (10,242,000)
Change in fair value of debt due to change in credit risk, net of tax 0 236,000 2,541,000 236,000
Other comprehensive income 0 236,000 2,541,000 236,000
Comprehensive (loss) income $ (93,876,000) $ 5,035,000 $ (203,301,000) $ (10,006,000)
Net (loss) income per share - basic $ (0.5) $ 0.03 $ (1.19) $ (0.07)
Weighted average shares outstanding - basic 188,317,262 142,676,953 173,536,134 137,787,645
Net (loss) income per share - diluted $ (0.5) $ 0.03 $ (1.19) $ (0.07)
Weighted average shares outstanding - diluted 188,317,262 150,546,268 173,536,134 137,787,645
Product Sales and Rentals        
Net revenues        
Total revenues $ 1,684,000 $ 1,041,000 $ 3,633,000 $ 2,920,000
Cost of revenues (excluding amortization of acquired intangible assets)        
Cost of revenues 557,000 812,000 1,486,000 1,711,000
Services        
Net revenues        
Total revenues 1,427,000 1,405,000 4,062,000 4,061,000
Cost of revenues (excluding amortization of acquired intangible assets)        
Cost of revenues 398,000 899,000 1,355,000 3,112,000
Licenses, Royalties and Other        
Net revenues        
Total revenues 675,000 1,689,000 2,964,000 6,865,000
Cost of revenues (excluding amortization of acquired intangible assets)        
Cost of revenues $ 2,647,000 $ 5,502,000 $ 3,566,000 $ 9,595,000