2024 Q2 Form 10-Q Financial Statement

#000078419924000172 Filed on May 07, 2024

View on sec.gov

Income Statement

Concept 2024 Q2 2024 Q1 2023 Q1
Revenue $98.02M $97.43M $83.23M
YoY Change 9.82% 17.06% 7.79%
Cost Of Revenue $34.70M $34.49M $29.50M
YoY Change 11.32% 16.89% 11.35%
Gross Profit $63.32M $62.95M $53.73M
YoY Change 9.02% 17.16% 5.93%
Gross Profit Margin 64.6% 64.61% 64.55%
Selling, General & Admin $49.32M $30.69M $50.37M
YoY Change -13.84% -39.07% 29.29%
% of Gross Profit 77.89% 48.75% 93.74%
Research & Development $7.497M $6.946M $7.223M
YoY Change 1.06% -3.83% -28.68%
% of Gross Profit 11.84% 11.03% 13.44%
Depreciation & Amortization $5.891M $5.909M $5.734M
YoY Change 2.15% 3.05% -2.5%
% of Gross Profit 9.3% 9.39% 10.67%
Operating Expenses $56.82M $37.64M $57.59M
YoY Change -12.13% -34.65% 17.33%
Operating Profit $6.507M $25.31M -$3.861M
YoY Change -15.22% -755.56% -336.0%
Interest Expense -$7.951M $7.826M $6.096M
YoY Change -225.09% 28.38% -276.29%
% of Operating Profit -122.19% 30.92%
Other Income/Expense, Net -$983.0K -$1.409M $963.0K
YoY Change -76.82% -246.31% -824.06%
Pretax Income -$2.427M $12.78M -$8.919M
YoY Change -8.66% -243.3% 267.19%
Income Tax -$306.0K $5.248M $4.613M
% Of Pretax Income 41.06%
Net Earnings -$2.121M $7.533M -$13.53M
YoY Change -37.29% -155.67% 299.29%
Net Earnings / Revenue -2.16% 7.73% -16.26%
Basic Earnings Per Share -$0.05 $0.18 -$0.33
Diluted Earnings Per Share -$0.05 $0.18 -$0.33
COMMON SHARES
Basic Shares Outstanding 41.73M shares 41.23M shares 40.56M shares
Diluted Shares Outstanding 41.68M shares 47.89M shares 40.43M shares

Balance Sheet

Concept 2024 Q2 2024 Q1 2023 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $55.02M $51.12M $30.77M
YoY Change 12.8% 66.11% -40.14%
Cash & Equivalents $55.02M $51.12M $30.77M
Short-Term Investments
Other Short-Term Assets $70.19M $67.38M $66.92M
YoY Change 4.12% 0.68% 16.71%
Inventory $80.80M $81.72M $76.27M
Prepaid Expenses
Receivables $73.89M $74.30M $62.76M
Other Receivables $5.063M $2.272M $3.952M
Total Short-Term Assets $285.0M $276.8M $240.7M
YoY Change 7.98% 15.0% -1.58%
LONG-TERM ASSETS
Property, Plant & Equipment $37.44M $37.79M $38.72M
YoY Change -2.47% -2.4% 3.36%
Goodwill $244.0M $245.0M $245.6M
YoY Change -0.63% -0.25% -0.88%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $13.75M $13.26M $7.542M
YoY Change 66.86% 75.87% -6.03%
Total Long-Term Assets $504.6M $507.2M $516.4M
YoY Change -1.83% -1.78% -3.9%
TOTAL ASSETS
Total Short-Term Assets $285.0M $276.8M $240.7M
Total Long-Term Assets $504.6M $507.2M $516.4M
Total Assets $789.5M $784.0M $757.1M
YoY Change 1.5% 3.56% -3.17%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $11.73M $10.38M $9.473M
YoY Change 12.18% 9.55% 2.63%
Accrued Expenses $16.49M $15.93M $9.678M
YoY Change 59.09% 64.56% 3.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $268.0K $270.0K $1.620M
YoY Change -82.83% -83.33% -0.12%
Total Short-Term Liabilities $50.58M $45.83M $43.96M
YoY Change -10.04% 4.25% 2.62%
LONG-TERM LIABILITIES
Long-Term Debt $313.3M $313.0M $306.3M
YoY Change 2.35% 2.2% -0.31%
Other Long-Term Liabilities $8.053M $7.851M $7.407M
YoY Change 7.82% 5.99% 10.21%
Total Long-Term Liabilities $321.3M $320.9M $313.7M
YoY Change 2.48% 2.29% -0.09%
TOTAL LIABILITIES
Total Short-Term Liabilities $50.58M $45.83M $43.96M
Total Long-Term Liabilities $321.3M $320.9M $313.7M
Total Liabilities $494.5M $489.0M $477.2M
YoY Change -0.18% 2.49% -1.49%
SHAREHOLDERS EQUITY
Retained Earnings -$42.50M -$40.37M -$30.75M
YoY Change 24.51% 31.3% 2074.61%
Common Stock $368.1M $363.5M $343.3M
YoY Change 5.93% 5.9% 4.92%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $295.1M $295.0M $279.9M
YoY Change
Total Liabilities & Shareholders Equity $789.5M $784.0M $757.1M
YoY Change 1.5% 3.56% -3.17%

Cashflow Statement

Concept 2024 Q2 2024 Q1 2023 Q1
OPERATING ACTIVITIES
Net Income -$2.121M $7.533M -$13.53M
YoY Change -37.29% -155.67% 299.29%
Depreciation, Depletion And Amortization $5.891M $5.909M $5.734M
YoY Change 2.15% 3.05% -2.5%
Cash From Operating Activities $6.135M -$5.493M -$6.154M
YoY Change -11.2% -10.74% 929.1%
INVESTING ACTIVITIES
Capital Expenditures $2.513M $3.611M $2.238M
YoY Change 40.31% 61.35% -0.04%
Acquisitions
YoY Change
Other Investing Activities $0.00 -$605.0K
YoY Change -100.0% -229.0%
Cash From Investing Activities -$2.513M -$3.611M -$2.843M
YoY Change -135.5% 27.01% 4.99%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $211.6M $690.0K
YoY Change 30570.58%
Cash From Financing Activities -181.0K $737.0K $1.171M
YoY Change -108.11% -37.06% -598.3%
NET CHANGE
Cash From Operating Activities 6.135M -$5.493M -$6.154M
Cash From Investing Activities -2.513M -$3.611M -$2.843M
Cash From Financing Activities -181.0K $737.0K $1.171M
Net Change In Cash 3.441M -$7.822M -$8.578M
YoY Change -78.79% -8.81% 138.15%
FREE CASH FLOW
Cash From Operating Activities $6.135M -$5.493M -$6.154M
Capital Expenditures $2.513M $3.611M $2.238M
Free Cash Flow $3.622M -$9.104M -$8.392M
YoY Change -29.23% 8.48% 195.81%

Facts In Submission

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CY2023Q1 us-gaap Net Cash Provided By Used In Operating Activities
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CY2024Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
3611000 usd
CY2023Q1 us-gaap Payments To Acquire Property Plant And Equipment
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2843000 usd
CY2024Q1 us-gaap Net Cash Provided By Used In Investing Activities
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CY2023Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2024Q1 aort Proceeds From Issuance Of Long Term Debt1
ProceedsFromIssuanceOfLongTermDebt1
190000000 usd
CY2023Q1 aort Proceeds From Issuance Of Long Term Debt1
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0 usd
CY2024Q1 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
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CY2023Q1 us-gaap Proceeds From Issuance Of Long Term Debt
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CY2024Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
3528000 usd
CY2023Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
2581000 usd
CY2024Q1 us-gaap Repayments Of Short Term Debt
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1027000 usd
CY2023Q1 us-gaap Repayments Of Short Term Debt
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CY2024Q1 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
9998000 usd
CY2023Q1 us-gaap Payments Of Debt Issuance Costs
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CY2024Q1 us-gaap Repayments Of Long Term Debt
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211627000 usd
CY2023Q1 us-gaap Repayments Of Long Term Debt
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690000 usd
CY2024Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
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CY2023Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
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CY2024Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
737000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1171000 usd
CY2024Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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545000 usd
CY2023Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
58940000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
39351000 usd
CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
51118000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
30773000 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
281780000 usd
CY2024Q1 us-gaap Net Income Loss
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7533000 usd
CY2024Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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CY2024Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
3672000 usd
CY2024Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
2789000 usd
CY2024Q1 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
739000 usd
CY2024Q1 us-gaap Stockholders Equity
StockholdersEquity
294985000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
284329000 usd
CY2023Q1 us-gaap Net Income Loss
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CY2023Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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3616000 usd
CY2023Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
3513000 usd
CY2023Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
2006000 usd
CY2023Q1 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
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575000 usd
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StockRedeemedOrCalledDuringPeriodValue
590000 usd
CY2023Q1 us-gaap Stockholders Equity
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279917000 usd
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36567000 usd
CY2023Q4 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
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36907000 usd
CY2024Q1 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
12940000 usd
CY2023Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
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CY2024Q1 us-gaap Assets Fair Value Disclosure
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27842000 usd
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ContingentConsiderationNoncurrentFairValue
46420000 usd
CY2024Q1 us-gaap Liabilities Fair Value Disclosure
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46420000 usd
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26770000 usd
CY2023Q4 aort Contingent Consideration Noncurrent Fair Value
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63890000 usd
CY2023Q4 us-gaap Liabilities Fair Value Disclosure
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63890000 usd
CY2023Q1 us-gaap Realized Investment Gains Losses
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0 usd
CY2024Q1 us-gaap Realized Investment Gains Losses
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0 usd
CY2023Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
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63890000 usd
CY2024Q1 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
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CY2024Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
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46420000 usd
CY2024Q1 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
46400000 usd
CY2023Q4 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
63900000 usd
CY2024Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
32209000 usd
CY2023Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
32382000 usd
CY2024Q1 us-gaap Inventory Net
InventoryNet
81716000 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
81976000 usd
CY2024Q1 us-gaap Other Inventory Materials Supplies And Merchandise Under Consignment
OtherInventoryMaterialsSuppliesAndMerchandiseUnderConsignment
10400000 usd
CY2023Q4 us-gaap Other Inventory Materials Supplies And Merchandise Under Consignment
OtherInventoryMaterialsSuppliesAndMerchandiseUnderConsignment
10700000 usd
CY2024Q1 aort Deferred Preservation Costs
DeferredPreservationCosts
50200000 usd
CY2023Q4 aort Deferred Preservation Costs
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49800000 usd
CY2023Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
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CY2024Q1 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
3000000 usd
CY2024Q1 us-gaap Goodwill
Goodwill
245030000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
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CY2024Q1 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
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0 usd
CY2023Q4 us-gaap Goodwill
Goodwill
247337000 usd
CY2024Q1 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
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CY2024Q1 us-gaap Goodwill
Goodwill
245030000 usd
CY2024Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3867000 usd
CY2023Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3882000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
11375000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
13218000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
12919000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
12814000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
12600000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
12357000 usd
CY2024Q1 aort Finite Lived Intangible Assets Amortization Expense Estimate
FiniteLivedIntangibleAssetsAmortizationExpenseEstimate
75283000 usd
CY2024Q1 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.023
CY2024Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.41
CY2023Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.52
CY2024Q1 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
21700000 usd
CY2023Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
20800000 usd
CY2024Q1 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
28200000 usd
CY2023Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
32900000 usd
CY2024Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
42492000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
43822000 usd
CY2024Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
3214000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
3395000 usd
CY2024Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
42861000 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
43977000 usd
CY2024Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
46075000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
47372000 usd
CY2024Q1 us-gaap Finance Lease Right Of Use Asset Before Accumulated Amortization
FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization
6813000 usd
CY2023Q4 us-gaap Finance Lease Right Of Use Asset Before Accumulated Amortization
FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization
6862000 usd
CY2024Q1 us-gaap Finance Lease Right Of Use Asset Accumulated Amortization
FinanceLeaseRightOfUseAssetAccumulatedAmortization
3211000 usd
CY2023Q4 us-gaap Finance Lease Right Of Use Asset Accumulated Amortization
FinanceLeaseRightOfUseAssetAccumulatedAmortization
3136000 usd
CY2024Q1 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
3602000 usd
CY2023Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
3726000 usd
CY2024Q1 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
590000 usd
CY2023Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
582000 usd
CY2024Q1 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
3268000 usd
CY2023Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
3405000 usd
CY2024Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
3858000 usd
CY2023Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
3987000 usd
CY2024Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P10Y2M12D
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P10Y4M24D
CY2024Q1 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P6Y6M
CY2023Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P6Y9M18D
CY2024Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.063
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.063
CY2023Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.022
CY2024Q1 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
147000 usd
CY2023Q1 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
131000 usd
CY2024Q1 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
22000 usd
CY2023Q1 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
21000 usd
CY2024Q1 aort Finance Lease Cost
FinanceLeaseCost
169000 usd
CY2023Q1 aort Finance Lease Cost
FinanceLeaseCost
152000 usd
CY2024Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
1920000 usd
CY2023Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
1802000 usd
CY2024Q1 us-gaap Sublease Income
SubleaseIncome
129000 usd
CY2023Q1 us-gaap Sublease Income
SubleaseIncome
0 usd
CY2024Q1 us-gaap Lease Cost
LeaseCost
1960000 usd
CY2023Q1 us-gaap Lease Cost
LeaseCost
1954000 usd
CY2024Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
1889000 usd
CY2023Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
1796000 usd
CY2024Q1 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
147000 usd
CY2023Q1 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
132000 usd
CY2024Q1 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
22000 usd
CY2023Q1 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
21000 usd
CY2024Q1 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
497000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
4180000 usd
CY2024Q1 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
656000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
7166000 usd
CY2024Q1 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
636000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
6642000 usd
CY2024Q1 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
626000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
6087000 usd
CY2024Q1 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
608000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
5830000 usd
CY2024Q1 aort Finance Lease Liability To Be Paid After Year Four
FinanceLeaseLiabilityToBePaidAfterYearFour
1114000 usd
CY2024Q1 aort Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
33805000 usd
CY2024Q1 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
4137000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
63710000 usd
CY2024Q1 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
279000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
17635000 usd
CY2024Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
3858000 usd
CY2024Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
46075000 usd
CY2024Q1 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
590000 usd
CY2024Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
3214000 usd
CY2024Q1 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
3268000 usd
CY2024Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
42861000 usd
CY2024Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
320405000 usd
CY2023Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
312045000 usd
CY2024Q1 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
7131000 usd
CY2023Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
5063000 usd
CY2024Q1 us-gaap Long Term Debt
LongTermDebt
313274000 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
306982000 usd
CY2024Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
270000 usd
CY2023Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
1451000 usd
CY2024Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
313004000 usd
CY2023Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
305531000 usd
CY2024Q1 us-gaap Interest Expense Debt
InterestExpenseDebt
7800000 usd
CY2023Q1 us-gaap Interest Expense Debt
InterestExpenseDebt
6100000 usd
CY2024Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
97431000 usd
CY2023Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
83229000 usd
CY2024Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
3672000 usd
CY2023Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
3513000 usd
CY2024Q1 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
194000 usd
CY2023Q1 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
172000 usd
CY2024Q1 us-gaap Net Income Loss
NetIncomeLoss
7533000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-13532000 usd
CY2024Q1 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
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22000 usd
CY2023Q1 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
-60000 usd
CY2024Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
7511000 usd
CY2023Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-13472000 usd
CY2024Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
41290000 shares
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
40432000 shares
CY2024Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.18
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.33
CY2024Q1 us-gaap Net Income Loss
NetIncomeLoss
7533000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-13532000 usd
CY2024Q1 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
19000 usd
CY2023Q1 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
-60000 usd
CY2024Q1 us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
935000 usd
CY2023Q1 us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
0 usd
CY2024Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
8449000 usd
CY2023Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-13472000 usd
CY2024Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
41290000 shares
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
40432000 shares
CY2024Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
889000 shares
CY2023Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2024Q1 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
5707000 shares
CY2023Q1 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
0 shares
CY2024Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
47886000 shares
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
40432000 shares
CY2024Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.18
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.33
CY2024Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1300000 shares
CY2024Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2024Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
97431000 usd
CY2023Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
83229000 usd
CY2024Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
34485000 usd
CY2023Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
29502000 usd
CY2024Q1 us-gaap Gross Profit
GrossProfit
62946000 usd
CY2023Q1 us-gaap Gross Profit
GrossProfit
53727000 usd
CY2024Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
97431000 usd
CY2023Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
83229000 usd
CY2024Q1 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q1 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2024Q1 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false

Files In Submission

Name View Source Status
0000784199-24-000172-index-headers.html Edgar Link pending
0000784199-24-000172-index.html Edgar Link pending
0000784199-24-000172.txt Edgar Link pending
0000784199-24-000172-xbrl.zip Edgar Link pending
aort-20240331.htm Edgar Link pending
aort-20240331.xsd Edgar Link pending
aort-20240331xex311.htm Edgar Link pending
aort-20240331xex312.htm Edgar Link pending
aort-20240331xex32.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
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aort-20240331_cal.xml Edgar Link unprocessable
aort-20240331_lab.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
aort-20240331_htm.xml Edgar Link completed
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report.css Edgar Link pending
Show.js Edgar Link pending
aort-20240331_def.xml Edgar Link unprocessable
aort-20240331_pre.xml Edgar Link unprocessable