| Schedule of Financial Information by Segment |
Financial
information by segment for the three months ended September 30, 2024 and 2023 is as follows:
Schedule
of Financial Information by Segment
| | |
Cell Therapy | | |
BioBanking | | |
Degenerative Disease | | |
Other | | |
Total | |
| | |
Three Months Ended September 30, 2024 | |
| | |
Cell Therapy | | |
BioBanking | | |
Degenerative Disease | | |
Other | | |
Total | |
| Net revenues | |
$ | - | | |
$ | 1,292 | | |
$ | 8,004 | | |
$ | - | | |
$ | 9,296 | |
| Cost of revenues (excluding amortization of acquired intangible assets) | |
| - | | |
| 238 | | |
| 3,645 | | |
| - | | |
| 3,883 | |
| Direct expenses | |
| 3,496 | | |
| 353 | | |
| 4,187 | | |
| 8,529 | | |
| 16,565 | |
| Segment contribution | |
$ | (3,496 | ) | |
$ | 701 | | |
$ | 172 | | |
$ | (8,529 | ) | |
$ | (11,152 | ) |
| Indirect expenses | |
| | | |
| | | |
| | | |
| 375 | | (a) |
| 375 | |
| Loss from operations | |
| | | |
| | | |
| | | |
| | | |
$ | (11,527 | ) |
| | |
| | | |
| | | |
| | | |
| | | |
| | |
| (a) Components of other | |
| | | |
| | | |
| | | |
| | | |
| | |
| Amortization | |
| | | |
| | | |
| | | |
| 375 | | |
| | |
| Total other | |
| | | |
| | | |
| | | |
$ | 375 | | |
| | |
| | |
Cell Therapy | | |
BioBanking | | |
Degenerative Disease | | |
Other | | |
Total | |
| | |
Three Months Ended September 30, 2023 | |
| | |
Cell Therapy | | |
BioBanking | | |
Degenerative Disease | | |
Other | | |
Total | |
| Net revenues | |
$ | - | | |
$ | 1,427 | | |
$ | 2,359 | | |
$ | - | | |
$ | 3,786 | |
| Cost of revenues (excluding amortization of acquired intangible assets) | |
| - | | |
| 398 | | |
| 3,204 | | |
| - | | |
| 3,602 | |
| Direct expenses | |
| 4,887 | | |
| 350 | | |
| 1,901 | | |
| 9,074 | | |
| 16,212 | |
| Segment contribution | |
$ | (4,887 | ) | |
$ | 679 | | |
$ | (2,746 | ) | |
$ | (9,074 | ) | |
$ | (16,028 | ) |
| Indirect expenses | |
| | | |
| | | |
| | | |
| 83,228 | | (b) |
| 83,228 | |
| Loss from operations | |
| | | |
| | | |
| | | |
| | | |
$ | (99,256 | ) |
| | |
| | | |
| | | |
| | | |
| | | |
| | |
| (b) Components of other | |
| | | |
| | | |
| | | |
| | | |
| | |
| Change in fair value of contingent stock consideration | |
| | | |
| | | |
| | | |
| (39 | ) | |
| | |
| Goodwill impairment | |
| | | |
| | | |
| | | |
| 82,714 | | |
| | |
| Amortization | |
| | | |
| | | |
| | | |
| 553 | | |
| | |
| Total other | |
| | | |
| | | |
| | | |
$ | 83,228 | | |
| | |
Financial
information by segment for the nine months ended September 30, 2024 and 2023 is as follows:
| | |
Cell Therapy | | |
BioBanking | | |
Degenerative Disease | | |
Other | | |
Total | |
| | |
Nine Months Ended September 30, 2024 | |
| | |
Cell Therapy | | |
BioBanking | | |
Degenerative Disease | | |
Other | | |
Total | |
| Net revenues | |
$ | - | | |
$ | 3,857 | | |
$ | 32,231 | | |
$ | - | | |
$ | 36,088 | |
| Cost of revenues (excluding amortization of acquired intangible assets) | |
| - | | |
| 952 | | |
| 6,694 | | |
| - | | |
| 7,646 | |
| Direct expenses | |
| 12,383 | | |
| 1,216 | | |
| 14,385 | | |
| 28,159 | | |
| 56,143 | |
| Segment contribution | |
$ | (12,383 | ) | |
$ | 1,689 | | |
$ | 11,152 | | |
$ | (28,159 | ) | |
$ | (27,701 | ) |
| Indirect expenses | |
| | | |
| | | |
| | | |
| 1,377 | | (a) |
| 1,377 | |
| Loss from operations | |
| | | |
| | | |
| | | |
| | | |
$ | (29,078 | ) |
| | |
| | | |
| | | |
| | | |
| | | |
| | |
| (a) Components of other | |
| | | |
| | | |
| | | |
| | | |
| | |
| Amortization | |
| | | |
| | | |
| | | |
| 1,377 | | |
| | |
| Total other | |
| | | |
| | | |
| | | |
$ | 1,377 | | |
| | |
| | |
Cell Therapy | | |
BioBanking | | |
Degenerative Disease | | |
Other | | |
``Total | |
| | |
Nine Months Ended September 30, 2023 | |
| | |
Cell Therapy | | |
BioBanking | | |
Degenerative Disease | | |
Other | | |
Total | |
| Net revenues | |
$ | - | | |
$ | 4,062 | | |
$ | 6,597 | | |
$ | - | | |
$ | 10,659 | |
| Cost of revenues (excluding amortization of acquired intangible assets) | |
| - | | |
| 1,355 | | |
| 5,052 | | |
| - | | |
| 6,407 | |
| Direct expenses | |
| 53,505 | | |
| 780 | | |
| 6,799 | | |
| 31,481 | | |
| 92,565 | |
| Segment contribution | |
$ | (53,505 | ) | |
$ | 1,927 | | |
$ | (5,254 | ) | |
$ | (31,481 | ) | |
$ | (88,313 | ) |
| Indirect expenses | |
| | | |
| | | |
| | | |
| 117,289 | | (b) |
| 117,289 | |
| Loss from operations | |
| | | |
| | | |
| | | |
| | | |
$ | (205,602 | ) |
| | |
| | | |
| | | |
| | | |
| | | |
| | |
| (b) Components of other | |
| | | |
| | | |
| | | |
| | | |
| | |
| Change in fair value of contingent consideration liability | |
| | | |
| | | |
| | | |
| (104,339 | ) | |
| | |
| Change in fair value of contingent stock consideration | |
| | | |
| | | |
| | | |
| (159 | ) | |
| | |
| Goodwill impairment | |
| | | |
| | | |
| | | |
| 112,347 | | |
| | |
| IPR&D impairment | |
| | | |
| | | |
| | | |
| 107,800 | | |
| | |
| Amortization | |
| | | |
| | | |
| | | |
| 1,640 | | |
| | |
| Total other | |
| | | |
| | | |
| | | |
$ | 117,289 | | |
| | |
|
Financial
information by segment is as follows:
Schedule
of Financial Information by Segment
| | |
Cell Therapy | | |
BioBanking | | |
Degenerative Disease | | |
Other | | |
Total | |
| | |
Year Ended December 31, 2023 | |
| | |
Cell Therapy | | |
BioBanking | | |
Degenerative Disease | | |
Other | | |
Total | |
| Net revenues | |
$ | — | | |
$ | 5,441 | | |
$ | 17,330 | | |
$ | — | | |
$ | 22,771 | |
| Gross profit | |
| — | | |
| 3,791 | | |
| 2,964 | | |
| — | | |
| 6,755 | |
| Direct expenses | |
| 28,694 | | |
| 1,752 | | |
| 9,720 | | |
| 40,876 | | |
| 81,041 | |
| Segment contribution | |
| (28,694 | ) | |
| 2,039 | | |
| (6,756 | ) | |
| (40,876 | ) | |
| (74,286 | ) |
| Indirect expenses | |
| | | |
| | | |
| | | |
| 118,001 | | (a) |
| 118,001 | |
| Loss from operations | |
| | | |
| | | |
| | | |
| | | |
$ | (192,287 | ) |
| (a) Components of other | |
| | | |
| | | |
| | | |
| | | |
| | |
| Change in fair value of contingent consideration liability | |
| | | |
| | | |
| | | |
| (104,339 | ) | |
| | |
| Goodwill impairment | |
| | | |
| | | |
| | | |
| 112,347 | | |
| | |
| IPR&D impairment | |
| | | |
| | | |
| | | |
| 107,800 | | |
| | |
| Amortization | |
| | | |
| | | |
| | | |
| 2,193 | | |
| | |
| Total other | |
| | | |
| | | |
| | | |
$ | 118,001 | | |
| | |
| | |
Cell Therapy | | |
BioBanking | | |
Degenerative Disease | | |
Other | | |
Total | |
| | |
Year Ended December 31, 2022 | |
| | |
Cell Therapy | | |
BioBanking | | |
Degenerative Disease | | |
Other | | |
Total | |
| Net revenues | |
$ | — | | |
$ | 5,512 | | |
$ | 12,463 | | |
$ | — | | |
$ | 17,975 | |
| Gross profit | |
| — | | |
| 1,976 | | |
| (3,666 | ) | |
| — | | |
| (1,690 | ) |
| Direct expenses | |
| 75,379 | | |
| 1,699 | | |
| 10,859 | | |
| 56,261 | | |
| 144,198 | |
| Segment contribution | |
| (75,379 | ) | |
| 277 | | |
| (14,525 | ) | |
| (56,261 | ) | |
| (145,888 | ) |
| Indirect expenses | |
| | | |
| | | |
| | | |
| (120,288 | ) | (b) |
| (120,288 | ) |
| Loss from operations | |
| | | |
| | | |
| | | |
| | | |
$ | (25,600 | ) |
| (b) Components of other | |
| | | |
| | | |
| | | |
| | | |
| | |
| Change in fair value of contingent consideration liability | |
| | | |
| | | |
| | | |
| (126,277 | ) | |
| | |
| Change in fair value of contingent stock consideration | |
| | | |
| | | |
| | | |
| 186 | | |
| | |
| Goodwill impairment | |
| | | |
| | | |
| | | |
| 3,610 | | |
| | |
| Amortization | |
| | | |
| | | |
| | | |
| 2,193 | | |
| | |
| Total other | |
| | | |
| | | |
| | | |
$ | (120,288 | ) | |
| | |
|