Revenue

3 Months Ended

Mar. 31, 2024

Revenue from Contract with Customer [Abstract]

Revenue

Revenue

The Company generates revenue through manufacturing and selling its patented hydradermabrasion delivery systems (“Delivery Systems”). In conjunction with the sale of Delivery Systems, the Company also sells single-use tips, solutions, and serums used to provide a Hydrafacial treatment that cleanses, extracts, and hydrates the skin (collectively “Consumables”). Original Consumables are sold solely and exclusively by the Company (and from authorized retailers) and are available for purchase separately from the purchase of Delivery Systems. For both Delivery Systems and Consumables, revenue is recognized upon transfer of control to the customer, which generally takes place at the point of shipment.

The Company manages its business on the basis of one operating segment and one reportable segment. As a result, the chief operating decision maker, who is the Chief Executive Officer, reviews financial information presented on a consolidated basis for purposes of making operating decisions, allocating resources and evaluating financial performance.

The Company’s revenue disaggregated by major product line consists of the following for the periods indicated:

	Three Months Ended March 31,
(in thousands)	2024		2023
Net Sales
Delivery Systems	$	35,783	$	45,353
Consumables	45,620		40,925
Total net sales	$	81,403	$	86,278

Net sales by geographic region were as follows for the periods indicated:

	Three Months Ended March 31,
(in thousands)	2024		2023
Americas	$	50,326	$	52,978
Asia-Pacific (“APAC”)	11,972		13,620
Europe, the Middle East and Africa (“EMEA”)	19,105		19,680
Total net sales	$	81,403	$	86,278