Summary of Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2021

Summary of Significant Accounting Policies

Disaggregation of Revenue

The following table presents revenue disaggregated by our portfolio of products (in thousands):

	Three months ended March 31,
	2021		2020
OviTex	$	4,667	$	3,239
OviTex PRS		1,210		487
Total revenue	$	5,877	$	3,726

Schedule of fair value of assets and liabilities measured on recurring basis

The following fair value hierarchy table presents information about each major category of the Company’s financial assets and liabilities measured at fair value on a recurring basis (in thousands):

	Fair value measurement at reporting date using
	Quoted prices in
	active markets		Significant other		Significant
	for identical		observable		unobservable
	assets		inputs		inputs
	(Level 1)		(Level 2)		(Level 3)
March 31, 2021:
Cash equivalents – money market fund	$	28,393	$	—	$	—
Cash equivalents – government agency securities	$	35,000	$	—	$	—
December 31, 2020:
Cash equivalents – money market fund	$	72,889	$	—	$	—

Schedule of dilutive securities excluded

	Three months ended March 31,
	2021	2020
Stock options (including shares subject to repurchase)	1,634,458	1,482,819
Restricted stock units	185,877	—
Common stock warrants	88,556	88,556
Total	1,908,891	1,571,375