Axogen Inc

For the period ended Mar 31, 2024. Filed May 2, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2024 · Filed May 2, 2024

AXGN$50.89+0.5%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Item 1. Financial Statements

Condensed Consolidated Balance Sheets

	March 31,2024	December 31,2023
Assets
Current assets:
Cash and cash equivalents	$15,713	$31,024
Restricted cash	6,000	6,002
Investments	1,921	—
Accounts receivable, net of allowance for doubtful accounts of $603 and $337, respectively	24,212	25,147
Inventory	27,636	23,020
Prepaid expenses and other	3,181	2,811
Total current assets	78,663	88,004
Property and equipment, net	87,838	88,730
Operating lease right-of-use assets	15,247	15,562
Intangible assets, net	4,768	4,531
Total assets	$186,516	$196,827
Liabilities and shareholders’ equity
Current liabilities:
Accounts payable and accrued expenses	$21,288	$28,883
Current maturities of long-term lease obligations	1,644	1,547
Total current liabilities	22,932	30,430
Long-term debt, net of debt discount and financing fees	46,825	46,603
Long-term lease obligations	20,681	21,142
Debt derivative liabilities	2,922	2,987
Total liabilities	93,360	101,162
Shareholders’ equity:
Common stock, $0.01 par value per share; 100,000,000 shares authorized; 43,687,729 and 43,124,496 shares issued and outstanding	437	431
Additional paid-in capital	380,650	376,530
Accumulated deficit	(287,931)	(281,296)
Total shareholders’ equity	93,156	95,665
Total liabilities and shareholders’ equity	$186,516	$196,827

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.