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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenue $ 161,759 $ 119,156 [1] $ 48,087 [2]
Costs and operating expenses:      
Research and development 14,798 11,821 6,720
Sales and marketing 21,570 14,006 6,413
General and administrative 47,670 33,668 15,273
Impairment of intangible assets 110,364 0 0
Intangible asset amortization 9,697 8,202 3,033
Acquisition costs 18 1,636 668
Change in fair value of contingent consideration (4,754) 2,875 1,575
Total operating expenses 307,300 154,316 54,328
Operating loss (145,541) (35,160) (6,241)
Other income (expense):      
Change in fair value of warrant liability 0 (121) 3,601
Change in fair value of investments 697 0 1,319
Interest (expense) income, net (687) (485) 40
Other income 704 289 0
Gain on acquisition of Sexton Biotechnologies, Inc. 0 6,451 0
Total other income, net 714 6,134 4,960
Loss before income tax benefit (144,827) (29,026) (1,281)
Income tax benefit 5,022 20,118 3,264
Net (loss) income (139,805) (8,908) [3] 1,983 [3]
Net (loss) income attributable to common shareholders:      
Basic (139,805) (8,908) 1,822
Diluted $ (139,805) $ (8,908) $ (1,632)
Basic (in dollars per share) $ (3.29) $ (0.23) $ 0.07
Diluted (in dollars per share) $ (3.29) $ (0.23) $ (0.06)
Weighted average shares used to compute (loss) earnings per share attributable to common shareholders:      
Basic and Diluted (in shares) 42,481,027 38,503,944 27,306,258
Product [Member]      
Revenue $ 136,000 $ 101,913 $ 44,540
Costs and operating expenses:      
Cost of goods and services 88,519 69,676 18,058
Service Revenue [Member]      
Revenue 15,308 9,817 1,752
Costs and operating expenses:      
Cost of goods and services 12,360 5,381 1,367
Rental Revenue [Member]      
Revenue 10,451 7,426 1,795
Costs and operating expenses:      
Cost of goods and services $ 7,058 $ 7,051 $ 1,221
[1] 2021 revenue includes product revenue related to Global Cooling from May 3, 2021 through December 31, 2021 and product revenue related to Sexton from September 1, 2021 through December 31, 2021.
[2] 2020 revenue includes service revenue related to SciSafe from October 1, 2020 through December 31, 2020.
[3] The Consolidated Statements of Comprehensive (Loss) Income for the years ended December 31, 2021 and 2020 were adjusted by the impact to net (loss) income noted here. Comprehensive loss for the year ended December 31, 2021 is now reported at $9.2 million, reflecting an adjustment of $1.3 million, and was previously reported as $7.9 million. Comprehensive income for the year ended December 31, 2020 is now reported at $1.9 million, reflecting an adjustment of negative $684,000, and was previously reported as $2.7 million.