XML 14 R2.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Condensed Consolidated Statements of Operations and Comprehensive (Loss) Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenues:        
Total revenues $ 98,019 $ 89,251 $ 195,450 $ 172,480
Cost of products and preservation services:        
Total cost of products and preservation services 34,695 31,167 69,180 60,669
Gross margin 63,324 58,084 126,270 111,811
Operating expenses:        
General, administrative, and marketing 49,320 57,241 80,009 107,606
Research and development 7,497 7,418 14,443 14,641
Total operating expenses 56,817 64,659 94,452 122,247
Gain from sale of non-financial assets 0 (14,250) 0 (14,250)
Operating income 6,507 7,675 31,818 3,814
Interest expense 8,304 6,356 16,130 12,452
Interest income (353) (265) (727) (340)
Loss on extinguishment of debt 0 0 3,669 0
Other expense, net 983 4,241 2,392 3,278
(Loss) income before income taxes (2,427) (2,657) 10,354 (11,576)
Income tax (benefit) expense (306) 725 4,942 5,338
Net (loss) income $ (2,121) $ (3,382) $ 5,412 $ (16,914)
(Loss) income per share:        
Basic (in usd per share) $ (0.05) $ (0.08) $ 0.13 $ (0.41)
Diluted (in usd per share) $ (0.05) $ (0.08) $ 0.13 $ (0.41)
Weighted-average common shares outstanding:        
Basic (in shares) 41,683 40,755 41,487 40,595
Diluted (in shares) 41,683 40,755 42,405 40,595
Net (loss) income $ (2,121) $ (3,382) $ 5,412 $ (16,914)
Other comprehensive (loss) income:        
Foreign currency translation adjustments (2,727) 1,026 (5,864) 5,647
Unrealized gain (loss) from foreign currency intra-entity loans, net of tax 404 800 2,013 (205)
Comprehensive (loss) income (4,444) (1,556) 1,561 (11,472)
Products        
Revenues:        
Total revenues 73,210 66,003 144,324 128,294
Cost of products and preservation services:        
Total cost of products and preservation services 24,545 20,977 48,295 40,510
Preservation services        
Revenues:        
Total revenues 24,809 23,248 51,126 44,186
Cost of products and preservation services:        
Total cost of products and preservation services $ 10,150 $ 10,190 $ 20,885 $ 20,159