Alphatec Holdings Inc

For the period ended Jun 30, 2024. Filed Jul 31, 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.

Jun 30, 2024 · Filed Jul 31, 2024

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

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Contents

Condensed Consolidated Statements of Operations

(In thousands, except per share amounts)

Three Months Ended · Six Months Ended
	June 30,		June 30,
	2024	2023	2024	2023
Revenue from products and services	$145,573	$116,920	$284,050	$226,030
Cost of sales	42,979	52,379	84,105	91,064
Gross profit	102,594	64,541	199,945	134,966
Operating expenses:
Research and development	19,105	14,571	37,117	27,831
Sales, general and administrative	112,731	87,287	226,458	178,549
Litigation-related expenses	2,090	6,908	6,518	10,100
Amortization of acquired intangible assets	3,836	3,705	7,690	6,588
Transaction-related expenses	—	1,900	(117)	1,900
Restructuring expenses	139	29	927	204
Total operating expenses	137,901	114,400	278,593	225,172
Operating loss	(35,307)	(49,859)	(78,648)	(90,206)
Other expense, net:
Interest expense, net	(5,815)	(3,892)	(11,156)	(7,766)
Other income, net	156	2,324	274	3,030
Total other expense, net	(5,659)	(1,568)	(10,882)	(4,736)
Net loss before taxes	(40,966)	(51,427)	(89,530)	(94,942)
Income tax benefit	(286)	(50)	(355)	(36)
Net loss	$(40,680)	$(51,377)	$(89,175)	$(94,906)
Net loss per share, basic and diluted	$(0.29)	$(0.43)	$(0.63)	$(0.83)
Weighted average shares outstanding, basic and diluted	142,687	118,719	141,845	114,260

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.