Revenue Recognition

12 Months Ended

Dec. 31, 2022

Revenue from Contract with Customer [Abstract]

Revenue Recognition

4.REVENUE RECOGNITION

Revenue recognized for each revenue stream is as follows:

Financial Statement Caption	Revenue Stream	Year Ended December 31,
Product revenue:		2022		2021
	Pellet procedures	$	128,952	$	109,465
	Dietary supplements		32,412		27,241
	Disposable trocars		1,698		860
	Shipping fees		71		32
Total product revenue			163,133		137,598
Service revenue:
	Training		973		859
	Contract-term services		851		939
Total service revenue			1,824		1,798
Total revenue		$	164,957	$	139,396

Revenue recognized by geographic region is as follows:

Financial Statement Caption	Country	For the Year Ended December 31,
Product revenue:		2022		2021
	United States	$	162,742	$	137,349
	All other		391		249
Total product revenue			163,133		137,598
Service revenue:
	United States		1,781		1,798
	All other		43		—
Total service revenue			1,824		1,798
Total revenue		$	164,957	$	139,396

Significant changes in contract liability balances are as follows:

	Year Ended December 31,
	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	$	(1,710	)	$	—		$	(2,048	)	$	—
Increases due to cash received, excluding amounts recognized as revenue during the period		1,342			760			1,022			652
Transfers between current and non-current liabilities due to the expected revenue recognition period		460			(460	)		697			(697	)
Total increase (decrease) in contract liabilities	$	92		$	300		$	(329	)	$	(45	)

Consideration allocated to initial training due to deposits paid upfront is presented within deferred revenue on the consolidated balance sheets and is expected to be recognized as revenue within one year as the training is performed. Consideration allocated to contract-term services is presented within deferred revenue and deferred revenue, long-term for the amounts expected to be recognized within one year and longer than one year, respectively.

Consideration allocated to the premiums within the management fee for pellet procedures is presented within deferred revenue current and deferred revenue, long-term for amounts expected to be recognized within one year and longer than one year, respectively.

Consideration allocated to performance obligations are as follows:

	December 31,		December 31,
	2022		2021
Unsatisfied training obligations - Current	$	104	$	67
Unsatisfied contract-term services - Current		1,028		849
Unsatisfied contract-term services - Long-term		627		544
Total allocated to unsatisfied contract-term services		1,655		1,393
Unsatisfied pellet procedures - Current		833		789
Unsatisfied pellet procedures - Long-term		299		258
Total allocated to unsatisfied pellet procedures		1,132		1,047
Total deferred revenue - Current	$	1,965	$	1,705
Total deferred revenue - Long-term	$	926	$	802

The Company does not have a history of material returns or refunds and generally does not offer warranties or guarantees for any products or services. Expected returns and refunds are recorded as a reduction of revenue and are $0 and $0 for the years ended December 31, 2022 and 2021, respectively.