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Consolidated Condensed Balance Sheets - USD ($)
$ in Thousands
Jul. 01, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 29,389 $ 30,186
Accounts receivable, net 119,636 136,295
Inventory 96,276 84,766
Prepaid and other current assets 15,337 18,551
Current assets attributable to discontinued operations 0 2,777
Total current assets 260,638 272,575
Property and equipment, net 41,862 27,456
Goodwill 7,462 7,462
Intangible assets, net 505,223 639,851
Operating lease assets 15,238 16,690
Investment and other assets 6,539 2,621
Long-term assets attributable to discontinued operations 0 405,994
Total assets 836,962 1,372,649
Current liabilities:    
Accounts payable 41,364 36,697
Accrued liabilities 121,748 111,570
Current portion of long-term debt 11,320 33,056
Other current liabilities 4,672 3,607
Current liabilities attributable to discontinued operations 0 119,087
Total current liabilities 179,104 304,017
Long-term debt, less current portion 374,568 385,010
Deferred income taxes 0 2,248
Contingent consideration 17,958 17,431
Other long-term liabilities 31,991 22,810
Long-term liabilities attributable to discontinued operations 0 228,911
Total liabilities 603,621 960,427
Commitments and contingencies (Note 11)
Stockholders’ Equity    
Additional paid-in capital 490,598 490,576
Accumulated deficit (308,137) (165,306)
Accumulated other comprehensive income (loss) 655 (110)
Total stockholders’ equity attributable to Bioventus Inc. 183,195 325,238
Noncontrolling interest 50,146 86,984
Total stockholders’ equity 233,341 412,222
Total liabilities and stockholders’ equity 836,962 1,372,649
Common Class A    
Stockholders’ Equity    
Common stock, value 63 62
Common Class B    
Stockholders’ Equity    
Common stock, value $ 16 $ 16