Company: MYGN
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0000899923-25-000048
Chunk: 24

Company: MYRIAD GENETICS INC
Filing Date: 2025-05-07
Form: 10-Q
Item: Part I, Item 1
Chunk 24
---
Leasehold improvements$78.8 $78.5 Equipment118.7 148.5 Property, plant, and equipment, gross197.5 227.0 Less accumulated depreciation(83.5)(109.6)Property, plant, and equipment, net$114.0 $117.4 The Company recorded depreciation during the respective periods as follows:Three months endedMarch 31,(in millions)20252024Depreciation expense$5.1 $4.9 

5.    GOODWILL AND INTANGIBLE ASSETS

GoodwillAs of March 31, 2025, there were no changes in the carrying amount of goodwill and no impairment losses were recognized during the period.Intangible AssetsThe following tables summarize the amounts reported as intangible assets:(in millions)GrossCarryingAmountAccumulatedAmortizationNetAt March 31, 2025Developed technologies$559.4 $(335.5)$223.9 Internal-use software2.8 (0.9)1.9 Customer relationships1.6 (0.4)1.2 Trademarks6.1 (1.5)4.6 Licensed technologies2.8 (0.1)2.7 Internal-use software (in-process)23.2 — 23.2 Total intangible assets$595.9 $(338.4)$257.5 (in millions)GrossCarryingAmountAccumulatedAmortizationNetAt December 31, 2024Developed technologies$560.1 $(326.5)$233.6 Internal-use software1.8(0.7)$1.1 Customer relationships1.6(0.3)1.3 Trademarks6.1(1.3)4.8 Internal-use software (in-process)21.6— $21.6 Total intangible assets$591.2 $(328.8)$262.4 

11

Table of Contents

The Company recorded amortization expense during the respective periods for these intangible assets as follows:Three months endedMarch 31,(in millions)20252024Amortization of intangible assets$9.4 $10.8 

6.ACCRUED LIABILITIES

The Company's accrued liabilities at March 31, 2025 and December 31, 2024 were as follows:(in