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Note 12 - Revenue and Geographic Information
6 Months Ended
Jun. 30, 2025
Notes to Financial Statements  
Revenue from Contract with Customer [Text Block]

12.

Revenue and Geographic Information

 

Revenue by product classification is as follows:

 

   

Three Months Ended June 30,

   

Six Months Ended June 30,

 
   

2025

   

2024

   

2025

   

2024

 
                                 

Original Equipment Manufacturer (“OEM”) Channel

  $ 16,340     $ 18,887     $ 31,249     $ 38,337  

Commercial Channel

    11,879       11,837       23,138       21,409  
    $ 28,219     $ 30,724     $ 54,387     $ 59,746  

 

Revenue from the Company’s sole significant customer, Johnson & Johnson MedTech (“J&J MedTech”), part of the Johnson & Johnson Medical Companies, as a percentage of the Company’s total revenue was 50% and 56% for the three-months ended June 30, 2025 and 2024, respectively, and 50% and 57% for the six-months ended June 30, 2025 and 2024, respectively.

 

Total revenue by geographic location based on the location of the customer in total and as a percentage of total revenue were as follows:

 

   

Three Months Ended June 30,

 
   

2025

   

2024

 
           

Percentage of

           

Percentage of

 
   

Revenue

   

Revenue

   

Revenue

   

Revenue

 

Geographic Location:

                               

United States

  $ 17,924       63

%

  $ 20,090       65

%

Europe

    4,752       17

%

    5,713       19

%

Other

    5,543       20

%

    4,921       16

%

Total

  $ 28,219       100

%

  $ 30,724       100

%

 

 

   

Six Months Ended June 30,

 
   

2025

   

2024

 
           

Percentage of

           

Percentage of

 
   

Revenue

   

Revenue

   

Revenue

   

Revenue

 

Geographic Location:

                               

United States

  $ 34,287       63 %   $ 40,462       68 %

Europe

    10,550       19 %     10,278       17 %

Other

    9,550       18 %     9,006       15 %

Total

  $ 54,387       100 %   $ 59,746       100 %