Summary of Significant Accounting Policies (Tables)

9 Months Ended

Sep. 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 September 30,				Nine months ended September 30,
	2024		2023		2024		2023
OviTex	$	12,463	$	10,159	$	34,122	$	28,240
OviTex PRS		6,313		4,812		17,054		13,063
Other		181		81		475		152
Total revenue	$	18,957	$	15,052	$	51,651	$	41,455

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, 2024:
Cash equivalents – money market fund	$	13,786	$	—	$	—
December 31, 2023:
Cash equivalents – money market fund	$	41,561	$	—	$	—

Schedule of dilutive securities excluded

	Nine months ended September 30,
	2024	2023
Stock options	2,128,862	2,202,264
Unvested restricted stock units	971,439	864,427
Common stock warrants	88,556	88,556
Total	3,188,857	3,155,247