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Balance Sheet Components (Tables)
3 Months Ended
Mar. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Summary of Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets consisted of the following (in thousands):

 

 

 

March 31,
2024

 

 

December 31,
2023

 

Prepaid expenses

 

$

2,260

 

 

$

2,443

 

Other current assets

 

 

169

 

 

 

587

 

Total

 

$

2,429

 

 

$

3,030

 

 

Summary of Property and Equipment, Net

Property and equipment, net consisted of the following (in thousands):

 

 

March 31,
2024

 

 

December 31,
2023

 

Computers and software

 

$

1,189

 

 

$

1,193

 

Building and leasehold improvements

 

 

852

 

 

 

803

 

Laboratory equipment

 

 

430

 

 

 

423

 

Furniture, fixtures, and office equipment

 

 

799

 

 

 

799

 

Construction in progress

 

 

49

 

 

 

45

 

Total property and equipment

 

 

3,319

 

 

 

3,263

 

Less accumulated depreciation and amortization

 

 

(2,183

)

 

 

(2,107

)

Property and equipment, net

 

$

1,136

 

 

$

1,156

 

Schedule of Other Assets

Other assets consisted of the following (in thousands):

 

 

 

March 31,
2024

 

 

December 31,
2023

 

Investment in Enumera

 

$

 

 

$

3,000

 

Other

 

 

293

 

 

 

302

 

Total

 

$

293

 

 

$

3,302

 

Summary of Accrued Expenses and Other Current Liabilities

Accrued expenses and other current liabilities consisted of the following (in thousands):

 

 

 

March 31,
2024

 

 

December 31,
2023

 

Accrual for reimbursement claims and legal settlements, current (1)

 

$

3,572

 

 

$

6,337

 

Commissions and bonuses

 

 

3,146

 

 

 

2,469

 

Vacation and payroll benefits

 

 

1,442

 

 

 

1,367

 

Accrued professional services (2)

 

 

4,123

 

 

 

2,914

 

Accrued interest

 

 

1,058

 

 

 

173

 

Lease liabilities, current

 

 

920

 

 

 

896

 

Insurance financing

 

 

606

 

 

 

401

 

Contract liabilities

 

 

 

 

 

542

 

Other (3)

 

 

2,117

 

 

 

2,220

 

Total

 

$

16,984

 

 

$

17,319

 

 

(1) Laboratory Operations have been discontinued; amounts related to revenue reserves generated from the Laboratory Operations remain on the balance sheet.

(2) The Company has entered into an alternative fee arrangement with a professional services firm related to certain litigation matters; amounts related to the arrangement are included in accrued professional services. Depending on the ultimate outcome of such litigation, the fees could be materially higher than what has been accrued.

(3) Included in this amount are contracts that the Company is responsible for that were expensed in discontinued operations in 2021.

Summary of Other Long-term Liabilities

Other long-term liabilities consisted of the following (in thousands):

 

 

 

March 31,
2024

 

 

December 31,
2023

 

Lease liabilities, net of current portion

 

 

583

 

 

 

818

 

Other (1)

 

 

2,000

 

 

 

2,211

 

Total

 

$

2,583

 

 

$

3,029

 

 

(1) Included in this amount are contracts that the Company is responsible for that were expensed in discontinued operations in 2021.