Alphatec Holdings Inc

For the period ended Dec 31, 2023. Filed Feb 27, 2024.

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.

FY2023 · Filed Feb 27, 2024

ATEC$7.38-0.8%Stored close · as of Nov 9, 2026

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Contents

Consolidated Statements of Operations

(In thousands, except per share amounts)

	Year Ended December 31,
	2023	2022	2021
Revenue:
Revenue from products and services	$482,262	$350,852	$242,258
Revenue from international supply agreement	—	15	954
Total revenue	482,262	350,867	243,212
Cost of sales	172,059	117,808	85,450
Gross profit	310,203	233,059	157,762
Operating expenses:
Research and development	70,115	44,033	32,015
Sales, general and administrative	374,080	300,013	229,271
Litigation-related expenses	22,287	23,943	11,123
Amortization of acquired intangible assets	14,284	10,115	5,348
Transaction-related expenses	2,113	120	6,365
Restructuring expenses	719	1,810	1,697
Total operating expenses	483,598	380,034	285,819
Operating loss	(173,395)	(146,975)	(128,057)
Interest and other expense, net:
Interest expense, net	(16,641)	(5,505)	(7,108)
Loss on debt extinguishment, net	—	—	(7,434)
Other income (expense), net	3,121	471	(1,563)
Total interest and other expense, net	(13,520)	(5,034)	(16,105)
Net loss before taxes	(186,915)	(152,009)	(144,162)
Income tax benefit	(277)	(716)	(1,130)
Net loss	$(186,638)	$(151,293)	$(143,032)
Net loss per share, basic and diluted	$(1.54)	$(1.46)	$(1.49)
Weighted average shares outstanding, basic and diluted	121,242	103,373	96,197

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.