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Revenue (Tables)
9 Months Ended
Sep. 30, 2023
Revenue from Contract with Customer [Abstract]  
Summary of Bioproduction Tools and Service Revenues
Total bioproduction tools and services revenue for the three and nine months ended September 30, 2023 and 2022 were composed of the following:
Three Months Ended
September 30,
Nine Months Ended
September 30,
(In thousands, except percentages)2023202220232022
Product revenue  
Freezer and thaw$13,188 $15,326 $39,417 $49,331 
Cell processing13,338 18,082 51,004 48,336 
Biostorage services365 260 1,099 560 
Service revenue  
Biostorage services4,186 4,312 12,166 11,099 
Freezer and thaw192 18 877 18 
Rental revenue  
Biostorage services2,059 2,749 5,975 8,156 
Total revenue$33,328 $40,747 $110,538 $117,500 
Schedule of Remaining Performance Obligations
The balances in the table below are partially based on judgments involved in estimating future orders from customers pursuant to their respective contracts:
(In thousands)2023 (3 months remaining)2024Total
Rental revenue$900 $900 $1,800 
Service revenue$313 $10 $323