| Schedule of Segment Information |
The following table is a summary of segment information for three and nine months ended September 30, 2024 and 2023 (amounts in thousands):
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|
For the three months ended |
|
For the nine months ended |
|
September 30, 2024 |
|
September 30, 2023 |
|
September 30, 2024 |
|
September 30, 2023 |
| Net revenues |
|
|
|
|
|
|
|
| Diagnostic services |
$ |
— |
|
|
$ |
2,491 |
|
|
$ |
— |
|
|
$ |
24,849 |
|
| Consumer products |
3,146 |
|
|
5,874 |
|
|
9,254 |
|
|
16,036 |
|
| Consolidated net revenue |
3,146 |
|
|
8,365 |
|
|
9,254 |
|
|
40,885 |
|
| Cost of revenue |
|
|
|
|
|
|
|
| Diagnostic services |
501 |
|
|
1,798 |
|
|
1,930 |
|
|
10,812 |
|
| Consumer products |
2,810 |
|
|
4,240 |
|
|
8,398 |
|
|
10,778 |
|
| Consolidated cost of revenue |
3,311 |
|
|
6,038 |
|
|
10,328 |
|
|
21,590 |
|
| Depreciation and amortization expense |
|
|
|
|
|
|
|
| Diagnostic services |
719 |
|
|
1,916 |
|
|
2,247 |
|
|
3,059 |
|
| Consumer products |
803 |
|
|
655 |
|
|
2,412 |
|
|
1,266 |
|
| Total Depreciation and amortization expense |
1,522 |
|
|
2,571 |
|
|
4,659 |
|
|
4,325 |
|
| Operating and other expenses |
7,428 |
|
|
6,541 |
|
|
20,653 |
|
|
26,105 |
|
| Income (loss) from operations, before income taxes |
|
|
|
|
|
|
|
| Diagnostic services |
(1,520) |
|
|
(2,512) |
|
|
(7,639) |
|
|
4,902 |
|
| Consumer products |
(4,364) |
|
|
(1,384) |
|
|
(7,738) |
|
|
(874) |
|
| Unallocated corporate |
(3,211) |
|
|
(2,889) |
|
|
(10,989) |
|
|
(15,163) |
|
| Total loss from operations, before income taxes |
(9,095) |
|
|
(6,785) |
|
|
(26,366) |
|
|
(11,135) |
|
| Income tax benefit |
2,508 |
|
|
1,644 |
|
|
7,361 |
|
|
3,104 |
|
| Total loss from operations, after income taxes |
(6,587) |
|
|
(5,141) |
|
|
(19,005) |
|
|
(8,031) |
|
| Net loss |
$ |
(6,587) |
|
|
$ |
(5,141) |
|
|
$ |
(19,005) |
|
|
$ |
(8,031) |
|
The following table is a summary of segment information as of September 30, 2024 and December 31, 2023 (amounts in thousands):
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|
|
|
September 30, 2024 |
|
December 31, 2023 |
| ASSETS |
|
|
|
| Diagnostic services |
$ |
37,816 |
|
|
$ |
44,221 |
|
| Consumer products |
33,443 |
|
|
38,358 |
|
| Unallocated corporate |
20,549 |
|
|
9,348 |
|
| Total assets |
$ |
91,808 |
|
|
$ |
91,927 |
|
|