Summary of Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2024

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 June 30,				Six months ended June 30,
	2024		2023		2024		2023
OviTex	$	11,124	$	10,058	$	21,659	$	18,081
OviTex PRS		4,796		4,390		10,741		8,251
Other		171		46		294		71
Total revenue	$	16,091	$	14,494	$	32,694	$	26,403

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)
June 30, 2024:
Cash equivalents – money market fund	$	24,498	$	—	$	—
December 31, 2023:
Cash equivalents – money market fund	$	41,561	$	—	$	—

Schedule of dilutive securities excluded

	Six months ended June 30,
	2024	2023
Stock options	2,239,140	2,218,832
Unvested restricted stock units	991,391	781,011
Common stock warrants	88,556	88,556
Total	3,319,087	3,088,399