General form of registration statement for all companies including face-amount certificate companies

TRANSITION EXPENSES (Tables)

v3.21.4
TRANSITION EXPENSES (Tables)
9 Months Ended
Sep. 30, 2021
Transition Expenses  
Schedule of Transition Expenses

These expenses are primarily related to the Rutherford, NJ lab closing and subsequent move to North Carolina, as well as other cost-saving initiatives, primarily reductions in headcount as well as certain lergal expenses. The following is a roll forward of the transition expenses liabilities:

    1     2     3     4  
          Facilities/              
    Personnel     Infrastructure     Legal     Total  
    (unaudited)  
Balance at December 31, 2020   $ 885     $ 269     $ -     $ 1,154  
Transition expenses     1,044       925       505       2,474  
Payments     (1,929 )     (1,164 )     (269 )     (3,362 )
Balance at September 30, 2021   $ -     $ 30     $ 236     $ 266