Summary of Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2024

Summary of Significant Accounting Policies

Disaggregation of Revenue

The following table presents revenue disaggregated by the Company’s portfolio of products (in thousands):

	Three months ended March 31,
	2024		2023
OviTex	$	10,535	$	8,023
OviTex PRS		5,945		3,861
Other		123		25
Total revenue	$	16,603	$	11,909

Schedule of fair value of assets and liabilities measured on recurring basis

The following fair value hierarchy table presents information about each major category of the Company’s financial assets and liabilities measured at fair value on a recurring basis (in thousands):

	Fair value measurement at reporting date using
	Quoted prices in
	active markets		Significant other		Significant
	for identical		observable		unobservable
	assets		inputs		inputs
	(Level 1)		(Level 2)		(Level 3)
March 31, 2024:
Cash equivalents – money market fund	$	33,597	$	—	$	—
December 31, 2023:
Cash equivalents – money market fund	$	41,561	$	—	$	—

Schedule of dilutive securities excluded

	Three months ended March 31,
	2024	2023
Stock options	2,281,313	2,222,424
Unvested restricted stock units	1,079,141	774,629
Common stock warrants	88,556	88,556
Total	3,449,010	3,085,609