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Schedule I - Condensed Financial Information of Registrant (Tables)
12 Months Ended
Dec. 31, 2023
Notes Tables  
Condensed Balance Sheet [Table Text Block]
  

For the years ended December 31,

 

(In thousands)

 

2023

  

2022

 

Accounts receivable, net

        

Accounts receivable

 $125,379  $131,474 

Less: allowance for doubtful accounts

  (2,000)  (4,162)
  $123,379  $127,312 

Inventories, net

        

Finished products

 $35,582  $37,139 

Consumable supplies

  25,864   31,275 

Work in-process

  1,731   2,449 

Raw materials

  8,981   6,771 

Less: inventory reserve

  (6,461)  (3,574)
  $65,697  $74,060 

Other current assets and prepaid expenses

        

Prepaid supplies

 $6,177  $7,918 

Prepaid insurance

  3,848   4,496 

Taxes recoverable

  4,211   8,191 

Other receivables

  2,610   13,105 

Other

  7,673   6,252 
  $24,519  $39,962 

Property, plant and equipment, net:

        

Machinery, medical and other equipment

 $138,776  $136,048 

Leasehold improvements

  28,058   25,516 

Furniture and fixtures

  12,046   11,271 

Building

  18,885   18,314 

Software

  14,410   14,218 

Automobiles and aircraft

  12,701   12,808 

Land

  2,425   2,317 

Construction in process

  5,255   4,793 

Less: accumulated depreciation

  (157,127)  (142,406)
  $75,429  $82,879 

Intangible assets, net:

        

Technologies

 $831,509  $826,282 

Customer relationships

  315,799   314,854 

Trade names

  49,758   49,752 

Covenants not to compete

  12,916   12,911 

Licenses

  6,205   5,988 

Product registrations

  6,790   6,831 

Other

  6,000   5,861 

Less: accumulated amortization

  (488,694)  (398,959)
  $740,283  $823,520 
  

For the years ended December 31,

 

(In thousands)

 

2023

  

2022

 

Accrued expenses:

        

Employee benefits

 $28,952  $33,765 

Gross to net provision

  9,420   6,477 

Inventory received but not invoiced

  1,653   7,830 

Taxes payable

  1,384   5,351 

Commitments and contingencies

  8,088   4,295 

Clinical trials

  7,624   4,700 

Finance leases short-term

  2,827   2,809 

Royalties

  1,544   2,323 

Professional fees

  3,470   1,820 

Commissions

  1,822   1,471 

Contingent consideration

     62 

Contract liabilities

      

Other

  23,302   27,366 
  $90,086  $98,269 

Other long-term liabilities:

        

Mortgages and other debts payable

 $7,709  $9,098 

Finance leases long-term

  7,274   7,089 

Contingent consideration

     974 

Contract liabilities

  7   138 

Other

  12,199   10,072 
  $27,189  $27,371 
Parent Company [Member]  
Notes Tables  
Condensed Balance Sheet [Table Text Block]
  

December 31,

 
  

2023

  

2022

 

ASSETS

        

Current assets:

        

Cash and cash equivalents

 $32,234  $104,783 

Other current assets and prepaid expenses

  2,408   14,666 

Total current assets

  34,642   119,449 

Investments

  1,577,938   1,665,355 

Operating lease right-of-use assets

  693   1,822 

Other assets

  3   4 

Total assets

 $1,613,276  $1,786,630 

LIABILITIES AND EQUITY

        

Current liabilities:

        

Accounts payable

 $407  $311 

Accrued expenses

  5,655   6,238 

Current maturities of operating leases

  737   1,225 

Current portion of convertible notes

     3,050 

Current portion of notes payable

  2,454   2,615 

Total current liabilities

  9,253   13,439 

Operating lease liabilities

     693 

Convertible notes

  214,325   210,371 

Deferred tax liabilities, net

  479   479 

Total long-term liabilities

  214,804   211,543 

Total liabilities

  224,057   224,982 

Equity:

        

Common Stock - $0.01 par value, 1,000,000,000 shares authorized; 781,936,885 and 781,306,164 shares issued at December 31, 2023 and 2022, respectively

  7,820   7,813 

Treasury Stock, at cost - 8,655,082 shares at December 31, 2023 and 2022, respectively

  (1,791)  (1,791)

Additional paid-in capital

  3,433,006   3,421,872 

Accumulated other comprehensive income (loss)

  (38,030)  (43,323)

Accumulated deficit

  (2,011,786)  (1,822,923)

Total shareholders’ equity

  1,389,218   1,561,648 

Total liabilities and equity

 $1,613,276  $1,786,630 
Condensed Income Statement [Table Text Block]
  

For the years ended December 31,

 
  

2023

  

2022

  

2021

 

Revenues:

            

Revenue from products

 $  $  $ 

Revenue from transfer of intellectual property and other

         

Total revenues

         

Costs and expenses:

            

Costs of revenue

  739   2,347   1,279 

Selling, general and administrative

  46,359   46,882   66,483 

Research and development

  4,106   4,196   2,029 

Gain on sale of GeneDx

     (18,559)   

Total costs and expenses

  51,204   34,866   69,791 

Operating loss

  (51,204)  (34,866)  (69,791)

Other income and (expense), net:

            

Interest income

  2,499   1,762   334 

Interest expense

  (12,460)  (13,688)  (21,297)

Fair value changes of derivative instruments, net

  (26)  12   (58)

Other income (expense), net

  (16,593)  (154,807)  (9,013)

Other expense, net

  (26,580)  (166,721)  (30,034)

Loss before income taxes and investment losses

  (77,784)  (201,587)  (99,825)

Income tax provision

  (19)  (10)  (2)

Net loss before investments and loss from subsidiaries

  (77,803)  (201,597)  (99,827)

Loss from investments in investees

  (107)  (383)  (629)

Net income (loss) from subsidiaries, net of taxes

  (110,953)  (126,425)  70,313 

Net loss

 $(188,863) $(328,405) $(30,143)
Condensed Statement of Comprehensive Income [Table Text Block]
  

For the years ended December 31,

 
  

2023

  

2022

  

2021

 

Net loss

 $(188,863) $(328,405) $(30,143)

Other comprehensive income (loss), net of tax:

            

Change in foreign currency translation and other comprehensive income (loss)

  5,293   (12,828)  (26,270)

Comprehensive loss

 $(183,571) $(341,233) $(56,413)
Condensed Cash Flow Statement [Table Text Block]
  

For the years ended December 31,

 
  

2023

  

2022

  

2021

 

Cash flows from operating activities:

            

Net loss

 $(188,863) $(328,405) $(30,143)

Adjustments to reconcile net loss to net cash used in operating activities:

            

Non-cash interest

  2,750   2,750   9,389 

Amortization of deferred financing costs

  1,154   1,093   722 

Losses from investments in investees

  107   383   629 

(Income) loss from subsidiaries

  110,953   126,425   (70,313)

Equity-based compensation – employees and non-employees

  11,414   18,509   13,632 

Non-cash revenue from the transfer of intellectual property

        (3,801)

Realized gain on equity securities and disposal of fixed assets

  (364)     (2,981)

Change in fair value of derivative instruments and equity securities

  16,891   154,473   4,871 

Loss on conversion of the 2025 Notes

        11,111 

Gain on sale of GeneDx

     (18,559)   

Changes in other assets and liabilities

  11,559   (14,993)  10,970 

Net cash used in operating activities

  (34,399)  (58,324)  (55,914)

Cash flows from investing activities:

            

Investments in investees

  (5,000)     (2,000)

Subsidiary financing

  (30,242)  23,866   69,608 

Proceeds from sale of investments

  364       

Proceeds from sale of equity securities

     115,423   8,078 

Net cash (used in) provided by investing activities

  (34,878)  139,289   75,686 

Cash flows from financing activities:

            

Proceeds from the exercise of Common Stock options and warrants

  (272)  (774)  1,080 

Redemption of 2033 Senior Notes

  (3,000)      

Net cash (used in) provided by financing activities

  (3,272)  (774)  1,080 

Net increase (decrease) in cash and cash equivalents

  (72,549)  80,191   20,852 

Cash and cash equivalents at beginning of period

  104,783   24,592   3,740 

Cash and cash equivalents at end of period

 $32,234  $104,783  $24,592 

SUPPLEMENTAL INFORMATION:

            

Interest paid

 $8,135  $7,420  $8,515 

Income taxes paid, net of refunds

 $3,712  $8,037  $5,969 

Non-cash financing:

            

Shares issued upon the conversion of:

            

Common Stock options and warrants, surrendered in net exercise

 $301  $1,268  $ 

Issuance of common stock for acquisition of ModeX

 $  $221,662  $ 

Fair value of shares included in consideration from GeneDx Holdings

 $6,689  $172,000  $ 
Convertible Debt [Table Text Block]

(In thousands)

 

2025 Senior Notes

  

Debt Issuance Costs

  

Total

 

Balance at December 31, 2022

 $144,580  $(2,484) $142,096 

Amortization of debt discount and debt issuance costs

     1,154   1,154 

Balance at December 31, 2023

 $144,580  $(1,330) $143,250