Annual report pursuant to Section 13 and 15(d) 12-31-2018

Discontinued Operations (Tables)

v3.19.1
Discontinued Operations (Tables)
12 Months Ended
Dec. 31, 2018
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Discontinued Operations

Assets and liabilities held for sale consisted of the following:

 

    September 30, 2018     December 31, 2017  
             
Assets                
Current assets held for sale:                
Retail spine inventory, net   $ 1,708     $ 1,602  
Long-term assets held for sale:                
Property and equipment, net     959       1,162  
Intangible assets, net     2,249       2,651  
Total assets   $ 4,916     $ 5,415  
                 
Liabilities                
Current liabilities held for sale:                
Debt – related party   $ 2,500     $ 2,356  

 

Operating results related to discontinued operations consisted of the following:

 

    Year Ended December 31,  
    2018     2017  
Product revenue   $ 6,222     $ 11,227  
Costs of revenue     1,474       6,351  
Gross profit     4,748       4,876  
Operating expenses:                
Research and development     1,524       1,571  
General and administrative     190       726  
Sales and marketing     3,358       6,147  
Total operating expenses     5,072       8,444  
Loss from discontinued operations   $ (324 )   $ (3,568 )