ARTIVION INC

For the period ended Dec 31, 2024. Filed Feb 28, 2025.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Feb 28, 2025

AORT$20.47-0.8%Stored close · as of Nov 10, 2026

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Contents

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS

In Thousands, Except Per Share Data

	Year Ended December 31,
	2024	2023	2022
Revenues:
Products	$290,230	$261,185	$230,353
Preservation services	98,307	92,819	83,436
Total revenues	388,537	354,004	313,789
Cost of products and preservation services:
Products	99,385	84,595	72,166
Preservation services	40,371	40,233	39,100
Total cost of products and preservation services	139,756	124,828	111,266
Gross margin	248,781	229,176	202,523
Operating expenses:
General, administrative, and marketing	181,455	208,977	157,443
Research and development	28,452	28,707	38,879
Total operating expenses	209,907	237,684	196,322
Gain from sale of non-financial assets	—	(14,250)	—
Operating income	38,874	5,742	6,201
Interest expense	34,277	25,299	18,224
Interest income	(1,467)	(1,077)	(147)
Loss on extinguishment of debt	3,669	—	—
Other expense, net	9,909	3,106	3,108
Loss before income taxes	(7,514)	(21,586)	(14,984)
Income tax expense	5,845	9,104	4,208
Net loss	$(13,359)	$(30,690)	$(19,192)
Loss per share:
Basic	$(0.32)	$(0.75)	$(0.48)
Diluted	$(0.32)	$(0.75)	$(0.48)
Weighted-average common shares outstanding:
Basic	41,676	40,743	40,032
Diluted	41,676	40,743	40,032
Net loss	$(13,359)	$(30,690)	$(19,192)
Other comprehensive loss:
Foreign currency translation adjustments, net of tax	(12,917)	9,599	(11,722)
Comprehensive loss	$(26,276)	$(21,091)	$(30,914)

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.