Annual report pursuant to Section 13 and 15(d)

Note 4 - Sale of BioZone (Tables)

v3.6.0.2
Note 4 - Sale of BioZone (Tables)
12 Months Ended
Dec. 31, 2016
Discontinued Operations and Disposal Groups [Abstract]  
Summary of Components of Loss from Sale of Bio Zone

The following table summarizes the components of the loss from the sale of BioZone (in thousands):

 

Cash proceeds from sale   $ 5,942  
Consideration for common stock transferred     50  
Prepaid inventory     2,000  
Fair market value of the common stock transferred     (640 )
Assets sold:        
Accounts receivable, net     (923 )
Inventory, net     (1,761 )
Fixed assets, net     (2,003 )
Intangible assets, net     (5,657 )
All other assets     (41 )
Liabilities transferred     1,197  
Transaction and other costs     (279 )
Loss on sale of subsidiary   $ (2,115 )