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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities:      
Net (loss) income $ (14,859,000) $ 4,134,000 $ (23,982,000)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation 6,704,000 6,480,000 6,083,000
Amortization of acquisition related intangible assets 7,783,000 7,837,000 7,381,000
Amortization of acquisition related inventory step-up 0 6,465,000 11,082,000
Non-cash operating lease cost 1,850,000 1,708,000 1,531
Goodwill impairment charge 0 0 42,520,000
Change in fair value of contingent consideration 0 (21,095,000) (28,666,000)
Loss on disposal of fixed assets 0 993,000 265,000
Loss on impairment of intangible asset 0 600,000 2,439,000
Stock-based compensation expense 14,315,000 11,085,000 5,386,000
Deferred income taxes (5,270,000) (1,766,000) (3,543,000)
Provision for doubtful accounts 378,000 64,000 549,000
Provision for inventory 5,329,000 6,628,000 5,490,000
Other 0 (18,000) (12,000)
Changes in operating assets and liabilities:      
Accounts receivable (5,630,000) (6,216) 5,855,000
Inventories (6,873,000) (6,619,000) (14,177,000)
Prepaid expenses, other current and long-term assets (792,000) 1,424,000 (1,783,000)
Accounts payable 1,965,000 (1,100,000) 822,000
Operating lease liabilities (1,485,000) (1,626,000) (1,439,000)
Accrued expenses, other current and long-term liabilities (443,000) 3,510,000 (142,000)
Income taxes 1,437,000 (1,311,000) (2,072,000)
Payments of contingent consideration 0 (2,780,000) (522,000)
Net cash provided by operating activities 4,409,000 8,397,000 13,065,000
Cash flows from investing activities:      
Acquisition of Parcus Medical and Arthrosurface, net of cash acquired 0 (476,000) (94,601,000)
Proceeds from maturities of investments 0 2,501,000 45,000,000
Purchases of investments 0 0 (20,035.000)
Purchases of property and equipment (7,486,000) (5,143,000) (1,628,000)
Net cash (used in) provided by investing activities (7,486,000) (3,118,000) (71,264,000)
Cash flows from financing activities:      
Payments made on finance leases (284,000) (201,000) (208,000)
Proceeds from long-term debt 0 0 50,000,000
Repayments of long-term debt 0 0 (50,350,000)
Proceeds from employee stock purchase program 665,000 0 0
Cash paid for tax withheld on vested restricted stock awards (934,000) (486,000) (262,000)
Proceeds from exercises of equity awards 16,000 1,128,000 1,524,000
Payments of contingent consideration (4,315,000) (7,220,000) (4,478,000)
Net cash used by financing activities (4,852,000) (6,779,000) (3,774,000)
Exchange rate impact on cash (130,000) 69,000 327,000
Decrease in cash and cash equivalents (8,059,000) (1,431,000) (61,646,000)
Cash and cash equivalents at beginning of period 94,386,000 95,817,000 157,463,000
Cash and cash equivalents at end of period 86,327,000 94,386,000 95,817,000
Supplemental disclosure of cash flow information:      
Cash paid for income taxes, net of refunds 106,000 1,233,000 993,000
Right-of-use assets obtained in exchange for operating lease liabilities 2,471,000 2,392,000  
Purchases of property and equipment included in accounts payable and accrued expenses 108,000 15,000 17,000
Consideration for acquisitions included in accounts payable and accrued expenses 0 0 476,000
Contingent consideration fair value on acquisition date 0 0 69,076,000
Accounting Standards Update 2016-02 [Member]      
Supplemental disclosure of cash flow information:      
Right-of-use assets obtained in exchange for operating lease liabilities $ 11,703,000 $ 220,000 $ 0