Annual report pursuant to Section 13 and 15(d)

Aytu Divestiture (Tables)

v3.22.0.1
Aytu Divestiture (Tables)
 12 Months Ended
Dec. 31, 2021
Discontinued Operations and Disposal Groups [Abstract]  
Summary of Discontinued Operations
The following tables summarizes the liabilities of the discontinued operations as of December 31, 2021 and 2020 (in thousands):
  December 31,
  2021 2020
Accrued expenses and other current liabilities —  1,342 
Total current liabilities of discontinued operations —  1,342 
The following table summarizes the results of discontinued operations for the year ended December 31, 2021 and 2020 (in thousands):
  Year Ended December 31,
  2021 2020
Product revenue, net $ 74  $ (871)
Operating expenses:
Sales and marketing 101  — 
Total operating expenses 101  — 
Other income:
Change in value of Guarantee —  1,755 
Total other income —  1,755 
(Loss) income from discontinued operations $ (27) $ 884 

There were no non-cash operating items from discontinued operations for the year ended December 31, 2021 and no non-cash investing items from the discontinued operations for the year ended December 31, 2021 and 2020. The significant non-cash operating item from the discontinued operations for the year ended December 31, 2020 is contained below (in thousands):
  Year Ended December 31,
  2021 2020
Change in value of Guarantee —  (1,755)