Annual report pursuant to Section 13 and 15(d)

Transition Expenses

v3.22.1
Transition Expenses
12 Months Ended
Dec. 31, 2021
Transition Expenses  
Transition Expenses

 

20. 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 legal expenses. The following is a roll forward of the transition expenses liabilities:

 

          Facilities/              
    Personnel     Infrastructure     Legal     Total  
     
Balance at December 31, 2020   $ 885     $ 269     $ -     $ 1,154  
Transition expenses     1,044       1,036       505       2,585  
Payments     (1,929 )     (1,305 )     (505 )     (3,739 )
Balance at December 31, 2021   $ -     $ -     $ -     $ -