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Revenue Recognition (Tables)
9 Months Ended
Sep. 30, 2022
Revenue from Contract with Customer [Abstract]  
Schedule of Revenues Recognized

Revenue recognized for each revenue stream is as follows:

Financial Statement Caption

 

Revenue Stream

 

Three Months Ended
September 30,

 

 

Nine Months Ended
September 30,

 

Product revenue:

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

 

 

Pellet procedures

 

$

32,981

 

 

$

28,090

 

 

$

96,247

 

 

$

80,941

 

 

 

Dietary supplements

 

 

8,066

 

 

 

6,803

 

 

 

21,719

 

 

 

19,023

 

 

 

Disposable trocars

 

 

509

 

 

 

220

 

 

 

1,110

 

 

 

633

 

 

 

Shipping fees

 

 

18

 

 

 

6

 

 

 

45

 

 

 

22

 

Total product revenue

 

 

 

 

41,574

 

 

 

35,119

 

 

 

119,121

 

 

 

100,619

 

Service revenue:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Training

 

 

186

 

 

 

212

 

 

 

707

 

 

 

528

 

 

 

Contract-term services

 

 

210

 

 

 

236

 

 

 

644

 

 

 

713

 

Total service revenue

 

 

 

 

396

 

 

 

448

 

 

 

1,351

 

 

 

1,241

 

Total revenue

 

 

 

$

41,970

 

 

$

35,567

 

 

$

120,472

 

 

$

101,860

 

Revenue recognized by geographic region is as follows:

Financial Statement Caption

 

Country

 

For the Three Months Ended September 30,

 

 

For the Nine Months Ended September 30,

 

Product revenue:

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

 

 

United States

 

$

41,469

 

 

$

35,054

 

 

$

118,845

 

 

$

100,435

 

 

 

All other

 

 

105

 

 

 

65

 

 

 

276

 

 

 

184

 

Total product revenue

 

 

 

 

41,574

 

 

 

35,119

 

 

 

119,121

 

 

 

100,619

 

Service revenue:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

United States

 

 

385

 

 

 

448

 

 

 

1,332

 

 

 

1,241

 

 

 

All other

 

 

11

 

 

 

 

 

 

19

 

 

 

 

Total service revenue

 

 

 

 

396

 

 

 

448

 

 

 

1,351

 

 

 

1,241

 

Total revenue

 

 

 

$

41,970

 

 

$

35,567

 

 

$

120,472

 

 

$

101,860

 

Summary of Significant Changes in Contract Liability Balances

Significant changes in contract liability balances are as follows:

 

 

Nine Months Ended September 30,

 

 

 

2022

 

 

2021

 

Description of change

 

Deferred Revenue

 

 

Deferred Revenue,
Long-term

 

 

Deferred Revenue

 

 

Deferred Revenue,
Long-term

 

Revenue recognized that was included in the contract liability balance at the beginning of the period

 

$

(1,445

)

 

$

 

 

$

(1,729

)

 

$

 

Increases due to cash received, excluding amounts recognized as revenue during the period

 

 

1,207

 

 

 

591

 

 

 

913

 

 

 

617

 

Transfers between current and non-current liabilities due to the expected revenue recognition period

 

 

412

 

 

 

(412

)

 

 

586

 

 

 

(586

)

Total increase (decrease) in contract liabilities

 

$

174

 

 

$

179

 

 

$

(230

)

 

$

31

 

Summary of Consideration Allocated to Performance Obligations

Consideration allocated to performance obligations are as follows:

 

 

September 30,

 

 

December 31,

 

 

 

2022

 

 

2021

 

Unsatisfied training obligations - Current

 

$

156

 

 

$

67

 

Unsatisfied contract-term services - Current

 

 

1,015

 

 

 

849

 

Unsatisfied contract-term services - Long-term

 

 

569

 

 

 

544

 

Total allocated to unsatisfied contract-term services

 

 

1,584

 

 

 

1,393

 

Unsatisfied pellet procedures - Current

 

 

818

 

 

 

789

 

Unsatisfied pellet procedures - Long-term

 

 

293

 

 

 

258

 

Total allocated to unsatisfied pellet procedures

 

 

1,111

 

 

 

1,047

 

Total deferred revenue - Current

 

$

1,989

 

 

$

1,705

 

Total deferred revenue - Long-term

 

$

862

 

 

$

802