Revenue Recognition (Tables)

3 Months Ended

Mar. 31, 2024

Revenue from Contract with Customer [Abstract]

Schedule of Revenues Recognized

Revenue recognized for each revenue stream was as follows:

	Three Months Ended March 31,
(in thousands)	2024		2023
Pellet procedures	$	37,389	$	35,070
Dietary supplements		7,389		8,330
Disposable trocars		1,027		720
Compounding pharmacy		171		—
Shipping fees		59		35
Product revenue		46,035		44,155
Training		274		336
Contract-term services		274		210
Other		221		142
Service revenue		769		688
Total revenue	$	46,804	$	44,843

Revenue recognized by geographic region was as follows:

	Three Months Ended March 31,
(in thousands)	2024		2023
United States	$	45,656	$	44,016
All other		379		139
Product revenue		46,035		44,155
United States		769		656
All other		—		32
Service revenue		769		688
Total revenue	$	46,804	$	44,843

Summary of Significant Changes in Contract Liability Balances

Significant changes in contract liability balances were as follows:

	March 31,
	2024						2023
Description of change (in thousands)	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	$	(1,012	)	$	—		$	(755	)	$	—
Increases due to cash received, excluding amounts recognized as revenue during the period		1,652			422			760			340
Transfers between current and non-current liabilities due to the expected revenue recognition period		576			(576	)		389			(389	)
Total increase in contract liabilities	$	1,216		$	(154	)	$	394		$	(49	)

Summary of Consideration Allocated to Performance Obligations

Consideration allocated to performance obligations was as follows:

	March 31,		December 31,
(in thousands)	2024		2023
Unsatisfied training obligations – Current	$	174	$	151
Unsatisfied contract-term services – Current		1,780		1,583
Unsatisfied contract-term services – Long-term		996		935
Total allocated to unsatisfied contract-term services		2,776		2,518
Unsatisfied pellet procedures – Current		922		940
Unsatisfied pellet procedures – Long-term		430		387
Total allocated to unsatisfied pellet procedures		1,352		1,327
Unsatisfied dietary supplements – Current		-		328
Total deferred revenue – Current	$	2,876	$	3,002
Total deferred revenue – Long-term	$	1,426	$	1,322