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Discontinued Operations
3 Months Ended
Mar. 31, 2024
Discontinued Operations and Disposal Groups [Abstract]  
Discontinued Operations

Note 2. Discontinued Operations

The accompanying unaudited condensed consolidated financial statements include discontinued operations from the sale of business products and segments.

The following table represents the components attributable to income from discontinued operations in the unaudited condensed consolidated statements of operations (in thousands):

 

 

 

For the Three Months Ended

 

 

 

March 31, 2023

 

Deferred payment from Medexus

 

$

523

 

Gain on contingent consideration from release of escrow related to sale of Aptevo BioTherapeutics

 

 

163

 

Gain on contingent consideration from Kamada

 

 

260

 

Income from discontinued operations

 

$

946

 

 

For the three months ended March 31, 2024, we did not record income from discontinued operations. For the three months ended March 31, 2023, we collected $0.5 million in deferred payments from Medexus related to IXINITY sales and $0.2 million related to funds released from escrow from the sale of Aptevo BioTherapeutics in 2020. Additionally, we received $0.3 million related to the sale of hyperimmune business to Saol (later acquired by Kamada, Ltd.) as a result of the collection of certain accounts receivable.