Summary of Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2023

Summary of Significant Accounting Policies

Disaggregation of Revenue

The following table presents revenue disaggregated by the Company’s portfolio of products (in thousands):

	Three months ended September 30,				Nine months ended September 30,
	2023		2022		2023		2022
OviTex	$	10,159	$	7,839	$	28,240	$	20,528
OviTex PRS		4,812		3,287		13,063		9,188
Other		81		33		152		80
Total revenue	$	15,052	$	11,159	$	41,455	$	29,796

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)
September 30, 2023:
Cash equivalents – money market fund	$	55,385	$	—	$	—
December 31, 2022:
Cash equivalents – money market fund	$	39,010	$	—	$	—

Schedule of dilutive securities excluded

	Three and Nine months ended September 30,
	2023	2022
Stock options (including shares subject to repurchase)	2,202,264	2,009,189
Unvested restricted stock units	864,427	306,722
Common stock warrants	88,556	88,556
Total	3,155,247	2,404,467