2023 Q1 Form 10-K Financial Statement

#000095017023005175 Filed on February 28, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2022
Revenue $109.1M $105.9M $350.9M
YoY Change 53.82% 43.24% 44.26%
Cost Of Revenue $38.69M $37.09M $117.8M
YoY Change 78.13% 29.08% 37.87%
Gross Profit $70.43M $68.85M $233.1M
YoY Change 43.09% 52.24% 47.73%
Gross Profit Margin 64.54% 64.99% 66.42%
Selling, General & Admin $91.26M $81.92M $300.0M
YoY Change 31.37% 22.83% 30.86%
% of Gross Profit 129.59% 118.98% 128.73%
Research & Development $13.26M $11.60M $44.03M
YoY Change 36.39% 29.16% 37.54%
% of Gross Profit 18.83% 16.85% 18.89%
Depreciation & Amortization $11.69M $11.35M $41.17M
YoY Change 25.52% 19.99% 53.86%
% of Gross Profit 16.6% 16.48% 17.66%
Operating Expenses $110.8M $96.46M $380.0M
YoY Change 39.88% 24.25% 32.96%
Operating Profit -$40.35M -$27.61M -$147.0M
YoY Change -2.14% -14.81% 14.77%
Interest Expense $3.874M -$4.927M $5.505M
YoY Change 166.07% -19.07% -22.55%
% of Operating Profit
Other Income/Expense, Net $706.0K $4.647M $471.0K
YoY Change -2453.33% 15.0% -130.13%
Pretax Income -$43.52M -$35.31M -$152.0M
YoY Change 1.87% -12.14% 5.44%
Income Tax $14.00K -$321.0K $140.0K
% Of Pretax Income
Net Earnings -$43.53M -$34.99M -$152.1M
YoY Change 1.6% -12.94% 5.42%
Net Earnings / Revenue -39.89% -33.02% -43.36%
Basic Earnings Per Share -$0.40 -$1.47
Diluted Earnings Per Share -$0.40 -$0.33 -$1.47
COMMON SHARES
Basic Shares Outstanding 111.1M 105.1M 103.4M
Diluted Shares Outstanding 109.8M 103.4M

Balance Sheet

Concept 2023 Q1 2022 Q4 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $116.7M $84.70M $84.70M
YoY Change -23.13% -54.77% -54.77%
Cash & Equivalents $116.7M $84.70M
Short-Term Investments
Other Short-Term Assets $11.80M $9.357M $9.357M
YoY Change -2.37% -9.27% -9.27%
Inventory $108.2M $101.5M $101.5M
Prepaid Expenses
Receivables $62.42M $60.06M $60.06M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $299.2M $255.6M $255.6M
YoY Change -1.39% -22.81% -22.81%
LONG-TERM ASSETS
Property, Plant & Equipment $109.8M $102.0M $130.3M
YoY Change 14.1% 16.65% 15.64%
Goodwill $47.92M $39.78M
YoY Change 17.37% 0.22%
Intangibles $81.08M $82.78M
YoY Change -1.23% -2.92%
Long-Term Investments
YoY Change
Other Assets $3.724M $4.874M $4.874M
YoY Change 141.19% 50.02% 50.02%
Total Long-Term Assets $270.5M $257.7M $257.7M
YoY Change 10.28% 6.99% 6.99%
TOTAL ASSETS
Total Short-Term Assets $299.2M $255.6M $255.6M
Total Long-Term Assets $270.5M $257.7M $257.7M
Total Assets $569.7M $513.4M $513.4M
YoY Change 3.83% -10.26% -10.26%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $39.07M $34.74M $34.74M
YoY Change 14.79% 34.99% 34.99%
Accrued Expenses $73.83M $73.26M $73.26M
YoY Change 13.26% 39.92% 39.92%
Deferred Revenue $13.90M $12.00M
YoY Change -6.67% -21.34%
Short-Term Debt $16.07M $14.95M $0.00
YoY Change 798.16% 4270.76%
Long-Term Debt Due $16.07M $14.95M $14.95M
YoY Change 798.16% 4270.76% 4270.76%
Total Short-Term Liabilities $142.9M $138.9M $138.9M
YoY Change 23.3% 37.37% 37.37%
LONG-TERM LIABILITIES
Long-Term Debt $419.5M $349.5M $349.5M
YoY Change 28.42% 7.05% 7.05%
Other Long-Term Liabilities $16.19M $11.54M $38.11M
YoY Change -2.64% -32.34% -8.06%
Total Long-Term Liabilities $435.6M $361.1M $387.6M
YoY Change 26.91% 5.1% 5.35%
TOTAL LIABILITIES
Total Short-Term Liabilities $142.9M $138.9M $138.9M
Total Long-Term Liabilities $435.6M $361.1M $387.6M
Total Liabilities $578.5M $499.9M $526.5M
YoY Change 26.0% 12.43% 12.25%
SHAREHOLDERS EQUITY
Retained Earnings -$975.9M -$934.5M
YoY Change 18.48% 19.45%
Common Stock $12.00K $11.00K
YoY Change 20.0% 10.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $25.10M $25.10M
YoY Change 0.0% 0.0%
Treasury Stock Shares $1.808M $1.808M
Shareholders Equity -$58.36M -$36.71M -$13.11M
YoY Change
Total Liabilities & Shareholders Equity $569.7M $513.4M $513.4M
YoY Change 3.83% -10.26% -10.26%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2022
OPERATING ACTIVITIES
Net Income -$43.53M -$34.99M -$152.1M
YoY Change 1.6% -12.94% 5.42%
Depreciation, Depletion And Amortization $11.69M $11.35M $41.17M
YoY Change 25.52% 19.99% 53.86%
Cash From Operating Activities -$18.32M -$8.403M -$75.14M
YoY Change -25.85% -43.44% 2.33%
INVESTING ACTIVITIES
Capital Expenditures $16.28M $14.84M $49.45M
YoY Change 22.79% -175.7% -27.85%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00
YoY Change -100.0% -100.0%
Cash From Investing Activities -$16.82M -$14.84M -$58.28M
YoY Change 25.43% -25.81% -63.06%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 67.11M 1.013M 31.23M
YoY Change 2388.32% -308.01% -89.99%
NET CHANGE
Cash From Operating Activities -18.32M -8.403M -75.14M
Cash From Investing Activities -16.82M -14.84M -58.28M
Cash From Financing Activities 67.11M 1.013M 31.23M
Net Change In Cash 32.00M -22.23M -102.6M
YoY Change -190.31% -37.11% -55.64%
FREE CASH FLOW
Cash From Operating Activities -$18.32M -$8.403M -$75.14M
Capital Expenditures $16.28M $14.84M $49.45M
Free Cash Flow -$34.60M -$23.24M -$124.6M
YoY Change -8.87% -590.05% -12.24%

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StockIssuedDuringPeriodValueIssuedForServices
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CY2022 atec Stock Issued During Period Value Warrants Exercised
StockIssuedDuringPeriodValueWarrantsExercised
4160000
CY2022 atec Stock Issued During Period Value Employee Stock Purchase Plan And Stock Option Exercises
StockIssuedDuringPeriodValueEmployeeStockPurchasePlanAndStockOptionExercises
4020000
CY2022 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
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CY2022 atec Additional Paid In Capital Reclassification Of Liability Classified Awards
AdditionalPaidInCapitalReclassificationOfLiabilityClassifiedAwards
2841000
CY2022 atec Stock Issued During Period Value Asset Acquisition
StockIssuedDuringPeriodValueAssetAcquisition
250000
CY2022 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-4696000
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-152149000
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
-36713000
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
129880000
CY2021 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
34728000
CY2021 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
1339000
CY2021 atec Stock Issued During Period Value Warrants Exercised
StockIssuedDuringPeriodValueWarrantsExercised
3254000
CY2021 atec Stock Issued During Period Value Employee Stock Purchase Plan And Stock Option Exercises
StockIssuedDuringPeriodValueEmployeeStockPurchasePlanAndStockOptionExercises
3584000
CY2021 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
-12801000
CY2021 atec Stock Issued During Period Value Shareholder Note Receivable
StockIssuedDuringPeriodValueShareholderNoteReceivable
4000000
CY2021 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
25000000
CY2021 atec Purchase Of Capped Call
PurchaseOfCappedCall
-39866000
CY2021 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-7198000
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-144326000
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
79422000
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
43631000
CY2020 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
15730000
CY2020 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
521000
CY2020 atec Stock Issued During Period Value Warrants Exercised
StockIssuedDuringPeriodValueWarrantsExercised
2368000
CY2020 atec Stock Issued During Period Value Employee Stock Purchase Plan And Stock Option Exercises
StockIssuedDuringPeriodValueEmployeeStockPurchasePlanAndStockOptionExercises
1970000
CY2020 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
-983000
CY2020 us-gaap Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
2974000
CY2020 atec Stock Issued During Period Value Shareholder Note Receivable
StockIssuedDuringPeriodValueShareholderNoteReceivable
1000000
CY2020 atec Stock Issued During Period Value Issuance Of Common Stock For Other Services
StockIssuedDuringPeriodValueIssuanceOfCommonStockForOtherServices
123000
CY2020 atec Stock Issued During Period Value Issuance Of Common Stock For Prepayment Of Debt
StockIssuedDuringPeriodValueIssuanceOfCommonStockForPrepaymentOfDebt
33807000
CY2020 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
116000
CY2020 us-gaap Net Income Loss
NetIncomeLoss
-78994000
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
129880000
CY2022 us-gaap Profit Loss
ProfitLoss
-152149000
CY2021 us-gaap Profit Loss
ProfitLoss
-144326000
CY2020 us-gaap Profit Loss
ProfitLoss
-78994000
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
41168000
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
26756000
CY2020 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
10949000
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
40556000
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
36450000
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
17659000
CY2022 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
2038000
CY2021 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
1868000
CY2020 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
3974000
CY2022 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
2760000
CY2021 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
3418000
CY2020 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
683000
CY2022 us-gaap Inventory Write Down
InventoryWriteDown
9792000
CY2021 us-gaap Inventory Write Down
InventoryWriteDown
11147000
CY2020 us-gaap Inventory Write Down
InventoryWriteDown
7044000
CY2022 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-2594000
CY2021 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-1976000
CY2020 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-498000
CY2021 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-7434000
CY2020 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-7612000
CY2021 atec Impairment Of Investment
ImpairmentOfInvestment
3000000
CY2022 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
1187000
CY2021 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
2721000
CY2020 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
116000
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
18832000
CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
10141000
CY2020 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
7484000
CY2022 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
20704000
CY2021 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
27746000
CY2020 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
18192000
CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-552000
CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-1258000
CY2020 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
2930000
CY2022 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
109000
CY2021 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-11000
CY2020 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
51000
CY2022 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
9796000
CY2021 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
757000
CY2020 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
7130000
CY2022 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
13508000
CY2021 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
8023000
CY2020 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
8812000
CY2022 atec Increase Decrease In Lease Liability
IncreaseDecreaseInLeaseLiability
-2678000
CY2021 atec Increase Decrease In Lease Liability
IncreaseDecreaseInLeaseLiability
150000
CY2020 atec Increase Decrease In Lease Liability
IncreaseDecreaseInLeaseLiability
-1312000
CY2022 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-2280000
CY2021 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-1040000
CY2022 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-2342000
CY2021 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
4852000
CY2020 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-1926000
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-75143000
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-73432000
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-46412000
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
49453000
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
68544000
CY2020 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
23131000
CY2022 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
8827000
CY2020 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
755000
CY2021 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
62133000
CY2021 us-gaap Payments To Acquire Business Two Net Of Cash Acquired
PaymentsToAcquireBusinessTwoNetOfCashAcquired
21097000
CY2020 us-gaap Income Taxes Paid
IncomeTaxesPaid
190000
CY2021 atec Ppp Loan Forgiveness
PPPLoanForgiveness
4271000
CY2022 us-gaap Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
2760000
CY2022 atec Non Cash Financed Insurance
NonCashFinancedInsurance
1959000
CY2021 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
3000000
CY2021 atec Settlement Of Forward Contract
SettlementOfForwardContract
2988000
CY2020 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
27000
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-58280000
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-157762000
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-23859000
CY2022 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
62500000
CY2020 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
42455000
CY2022 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
1315000
CY2021 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
10028000
CY2021 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
131828000
CY2020 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
107698000
CY2021 us-gaap Proceeds From Unsecured Notes Payable
ProceedsFromUnsecuredNotesPayable
316250000
CY2022 atec Net Cash Paid Received From Common Stock Exercises
NetCashPaidReceivedFromCommonStockExercises
3041000
CY2021 atec Net Cash Paid Received From Common Stock Exercises
NetCashPaidReceivedFromCommonStockExercises
5963000
CY2020 atec Net Cash Paid Received From Common Stock Exercises
NetCashPaidReceivedFromCommonStockExercises
-3341000
CY2021 atec Purchase Of Capped Calls
PurchaseOfCappedCalls
39866000
CY2021 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
25000000
CY2020 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
34008000
CY2022 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
27500000
CY2020 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
56615000
CY2021 atec Repayment Of Squadron Medical Term Loan
RepaymentOfSquadronMedicalTermLoan
45000000
CY2021 atec Repayment Of Inventory Financing Agreement
RepaymentOfInventoryFinancingAgreement
8088000
CY2022 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
584000
CY2021 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-2167000
CY2020 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-58000
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
31228000
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
311966000
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
130829000
CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-357000
CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-1289000
CY2020 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
94000
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-102552000
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
79483000
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
60652000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
187248000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
107765000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
47113000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
84696000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
187248000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
107765000
CY2022 us-gaap Interest Paid Net
InterestPaidNet
3860000
CY2021 us-gaap Interest Paid Net
InterestPaidNet
5027000
CY2020 us-gaap Interest Paid Net
InterestPaidNet
6330000
CY2022 us-gaap Income Taxes Paid
IncomeTaxesPaid
272000
CY2021 us-gaap Income Taxes Paid
IncomeTaxesPaid
223000
CY2022 atec Financed Property And Equipment
FinancedPropertyAndEquipment
600000
CY2021 atec Financed Inventory
FinancedInventory
4015000
CY2022 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
2128000
CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
2577000
CY2020 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
3527000
CY2022 us-gaap Noncash Or Part Noncash Acquisition Intangible Assets Acquired1
NoncashOrPartNoncashAcquisitionIntangibleAssetsAcquired1
750000
CY2022 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="text-indent:0.0%;font-size:10.0pt;margin-top:18.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;font-style:italic;min-width:fit-content;">Concentrations of Credit Risk and Significant Customers</span></p><p style="text-indent:4.533%;font-size:10.0pt;margin-top:6.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">Financial instruments, which potentially subject the Company to concentrations of credit risk, consist primarily of cash, cash equivalents, and accounts receivable. The Company limits its exposure to credit loss by depositing its cash and investments with established financial institutions. As of December 31, 2022, a substantial portion of the Company’s available cash funds is held in business accounts. Although the Company deposits its cash with multiple financial institutions, its deposits, at times, may exceed federally insured limits.</span></p><p style="text-indent:4.533%;font-size:10.0pt;margin-top:12.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">The Company’s customers are primarily hospitals and surgical centers.</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> </span><span style="font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">No</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> one single customer represented greater than 10 percent of consolidated revenues and accounts receivable for the years presented. </span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">Credit to customers is granted based on an analysis of the customers’ credit worthiness. Credit losses have not been significant.</span></p>
CY2022 atec Recognition Of Lease Liability
RecognitionOfLeaseLiability
1694000
CY2021 atec Recognition Of Lease Liability
RecognitionOfLeaseLiability
23403000
CY2022 atec Modification Of Lease Liability For Lease Amendment
ModificationOfLeaseLiabilityForLeaseAmendment
4288000
CY2020 atec Non Cash Or Part Non Cash Common Stock Warrants Issued With Term Loan Draw
NonCashOrPartNonCashCommonStockWarrantsIssuedWithTermLoanDraw
2974000
CY2020 atec Noncash Or Part Noncash Common Stock Issued For Partial Extinguishment Of Debt
NoncashOrPartNoncashCommonStockIssuedForPartialExtinguishmentOfDebt
33807000
CY2022 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1
CY2022 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p style="text-indent:0.0%;font-size:10.0pt;margin-top:18.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;font-style:italic;min-width:fit-content;">Reclassification</span></p><p style="text-indent:4.533%;font-size:10.0pt;margin-top:6.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">Certain amounts in the consolidated financial statements for the years ended December 31, 2021 and 2020 have been reclassified to conform to the current year’s presentation. These reclassifications were immaterial and have no impact on previously reported results of operations or accumulated deficit.</span><span style="color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> </span></p>
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<p style="text-indent:0.0%;font-size:10.0pt;margin-top:18.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;font-style:italic;min-width:fit-content;">Use of Estimates</span></p><p style="text-indent:4.533%;font-size:10.0pt;margin-top:6.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities, and the reported amounts of revenues and expenses. Actual results could differ from those estimates. Significant items subject to such estimates and assumptions include the useful lives of property and equipment, goodwill, intangible assets, allowances for doubtful accounts, deferred tax assets, inventory, stock-based compensation, revenues, income tax uncertainties, and other contingencies.</span></p>
CY2022 atec Term Of Payment For Accounts Receivable
TermOfPaymentForAccountsReceivable
P30D
CY2022 us-gaap Inventory Write Down
InventoryWriteDown
9800000
CY2021 us-gaap Inventory Write Down
InventoryWriteDown
11100000
CY2020 us-gaap Inventory Write Down
InventoryWriteDown
7000000.0
CY2022Q4 us-gaap Disposal Group Including Discontinued Operation Inventory1
DisposalGroupIncludingDiscontinuedOperationInventory1
1500000
CY2021Q4 us-gaap Disposal Group Including Discontinued Operation Inventory1
DisposalGroupIncludingDiscontinuedOperationInventory1
2500000
CY2020Q4 us-gaap Disposal Group Including Discontinued Operation Inventory1
DisposalGroupIncludingDiscontinuedOperationInventory1
1000000.0
CY2022 atec Reduction Of Reserve For Inventory Sold Or Disposed
ReductionOfReserveForInventorySoldOrDisposed
8200000
CY2021 atec Reduction Of Reserve For Inventory Sold Or Disposed
ReductionOfReserveForInventorySoldOrDisposed
2100000
CY2020 atec Reduction Of Reserve For Inventory Sold Or Disposed
ReductionOfReserveForInventorySoldOrDisposed
1300000
CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2020 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2021 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
0
CY2020 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
0
CY2022 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
0
CY2022 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0
CY2021 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
0
CY2021 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0
CY2020 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0
CY2022 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
0
CY2020 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
0
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
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-152149000
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-144326000
CY2020 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-78994000
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
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103373000
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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103373000
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
96197000
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
96197000
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
67020000
CY2022Q4 us-gaap Inventory Raw Materials
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13928000
CY2021Q4 us-gaap Inventory Raw Materials
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14671000
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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67020000
CY2022 us-gaap Earnings Per Share Basic
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-1.47
CY2022 us-gaap Earnings Per Share Diluted
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-1.47
CY2021 us-gaap Earnings Per Share Basic
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-1.50
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.50
CY2020 us-gaap Earnings Per Share Basic
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-1.18
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.18
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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44261000
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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49578000
CY2020 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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37077000
CY2022 us-gaap Goodwill Purchase Accounting Adjustments
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1600000
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
3000000.0
CY2022Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
3032000
CY2021Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
5712000
CY2022Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
84561000
CY2021Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
71320000
CY2022Q4 us-gaap Inventory Net
InventoryNet
101521000
CY2021Q4 us-gaap Inventory Net
InventoryNet
91703000
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
196246000
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
160125000
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
94294000
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
72724000
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
101952000
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
87401000
CY2022 us-gaap Depreciation
Depreciation
31000000.0
CY2021 us-gaap Depreciation
Depreciation
20300000
CY2020 us-gaap Depreciation
Depreciation
9200000
CY2021Q4 us-gaap Goodwill
Goodwill
39689000
CY2022 us-gaap Goodwill Acquired During Period
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1628000
CY2022 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-1542000
CY2022Q4 us-gaap Goodwill
Goodwill
39775000
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
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97970000
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
23354000
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
74616000
CY2022Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
106135000
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
23354000
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
82781000
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
97420000
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
13349000
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
84071000
CY2021Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
98623000
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
13349000
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
85274000
CY2021 us-gaap Finitelived Intangible Assets Acquired1
FinitelivedIntangibleAssetsAcquired1
71500000
CY2022 us-gaap Adjustment For Amortization
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10200000
CY2021 us-gaap Adjustment For Amortization
AdjustmentForAmortization
6400000
CY2020 us-gaap Adjustment For Amortization
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1800000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
12402000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
12300000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
10811000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
10811000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
8939000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
19353000
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
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74616000
CY2022Q4 us-gaap Employee Related Liabilities Current
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19764000
CY2021Q4 us-gaap Employee Related Liabilities Current
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18449000
CY2022Q4 atec Accrued Sales Incentives And Milestones Current
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17444000
CY2021Q4 atec Accrued Sales Incentives And Milestones Current
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12420000
CY2022Q4 us-gaap Settlement Liabilities Current
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8345000
CY2021Q4 us-gaap Settlement Liabilities Current
SettlementLiabilitiesCurrent
4290000
CY2022Q4 us-gaap Accrued Royalties Current
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4758000
CY2021Q4 us-gaap Accrued Royalties Current
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3466000
CY2022Q4 us-gaap Litigation Reserve Current
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3968000
CY2021Q4 us-gaap Litigation Reserve Current
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4400000
CY2022Q4 atec Accrued Inventory In Transit Current
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3548000
CY2021Q4 atec Accrued Inventory In Transit Current
AccruedInventoryInTransitCurrent
2089000
CY2022Q4 atec Debt Issuance Costs Current
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2690000
CY2022Q4 atec Accrued Administration Fees
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1912000
CY2021Q4 atec Accrued Administration Fees
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1698000
CY2022Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
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1955000
CY2021Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
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3004000
CY2022Q4 us-gaap Accrued Professional Fees Current
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1238000
CY2021Q4 us-gaap Accrued Professional Fees Current
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394000
CY2022Q4 us-gaap Interest Payable Current
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1122000
CY2021Q4 us-gaap Interest Payable Current
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1045000
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
5638000
CY2021Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
4294000
CY2022Q4 atec Accrued Liabilities And Other Liabilities Current
AccruedLiabilitiesAndOtherLiabilitiesCurrent
72382000
CY2021Q4 atec Accrued Liabilities And Other Liabilities Current
AccruedLiabilitiesAndOtherLiabilitiesCurrent
55549000
CY2022Q4 atec Royalties Noncurrent
RoyaltiesNoncurrent
5739000
CY2021Q4 atec Royalties Noncurrent
RoyaltiesNoncurrent
5833000
CY2021Q4 us-gaap Litigation Reserve Noncurrent
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3587000
CY2022Q4 us-gaap Accrued Income Taxes Noncurrent
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980000
CY2021Q4 us-gaap Accrued Income Taxes Noncurrent
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1522000
CY2022Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
3047000
CY2021Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
2897000
CY2022Q4 atec Long Term Liabilities Other
LongTermLiabilitiesOther
1777000
CY2021Q4 atec Long Term Liabilities Other
LongTermLiabilitiesOther
3222000
CY2022Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
11543000
CY2021Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
17061000
CY2022Q4 us-gaap Contract With Customer Liability Current
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12000000.0
CY2022Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
3000000.0
CY2021Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
15300000
CY2021Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
2900000
CY2022 atec Contract With Customer Liability Revenue Recognized Including Opening Balance
ContractWithCustomerLiabilityRevenueRecognizedIncludingOpeningBalance
21600000
CY2022Q1 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
12900000
CY2021 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
14600000
CY2020 atec Change In Contract With Customer Liability
ChangeInContractWithCustomerLiability
0
CY2021Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
18151000
CY2022 atec Contract With Customer Liability Payments Received
ContractWithCustomerLiabilityPaymentsReceived
19494000
CY2022 atec Contract With Customer Liability Revenue Recognized Including Opening Balance
ContractWithCustomerLiabilityRevenueRecognizedIncludingOpeningBalance
21581000
CY2022 atec Contract With Customer Liability Foreign Currency Fluctuation
ContractWithCustomerLiabilityForeignCurrencyFluctuation
1061000
CY2022Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
15003000
CY2022Q4 us-gaap Debt Instrument Carrying Amount
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371749000
CY2021Q4 us-gaap Debt Instrument Carrying Amount
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336090000
CY2022Q4 us-gaap Debt Instrument Unamortized Discount
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7290000
CY2021Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
9259000
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
364459000
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
326831000
CY2022Q4 us-gaap Long Term Debt Current
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14948000
CY2021Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
342000
CY2022Q4 us-gaap Long Term Debt Noncurrent
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349511000
CY2021Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
326489000
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
14957000
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
1731000
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
1693000
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
317513000
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
35855000
CY2022Q4 us-gaap Debt Instrument Carrying Amount
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371749000
CY2022Q4 us-gaap Debt Instrument Unamortized Discount
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7290000
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
364459000
CY2022Q4 us-gaap Long Term Debt Current
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14948000
CY2022Q4 us-gaap Long Term Debt Noncurrent
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349511000
CY2020Q2 us-gaap Repayments Of Lines Of Credit
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9600000
CY2022 us-gaap Lessee Operating Lease Description
LesseeOperatingLeaseDescription
Any short-term leases defined as twelve months or less or month-to-month leases are excluded and continue to be expensed each month. Total costs associated with these short-term leases is immaterial to all years presented.
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
4937000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
5033000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
5019000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
5080000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
5121000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
13057000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
38247000
CY2022Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
6843000
CY2022Q4 us-gaap Operating Lease Liability
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31404000
CY2022Q4 us-gaap Operating Lease Liability Current
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4842000
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
26562000
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y8M12D
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P8Y7M6D
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.055
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.085
CY2022 us-gaap Operating Lease Expense
OperatingLeaseExpense
4643000
CY2021 us-gaap Operating Lease Expense
OperatingLeaseExpense
4482000
CY2020 us-gaap Operating Lease Expense
OperatingLeaseExpense
1300000
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
4409000
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
1795000
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
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3.50
CY2022 us-gaap Stock Issued During Period Shares Stock Options Exercised
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378000
CY2020 us-gaap Operating Lease Payments
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1400000
CY2022 us-gaap Long Term Purchase Commitment Amount
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27400000
CY2022Q4 us-gaap Litigation Reserve Current
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3968000
CY2021Q4 us-gaap Litigation Reserve Current
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4400000
CY2021Q4 us-gaap Litigation Reserve Noncurrent
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3587000
CY2022Q4 us-gaap Litigation Reserve
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3968000
CY2021Q4 us-gaap Litigation Reserve
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7987000
CY2022Q4 atec Litigation Settlement Obligation Future Imputed Interest Amount
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96000
CY2021Q4 atec Litigation Settlement Obligation Future Imputed Interest Amount
LitigationSettlementObligationFutureImputedInterestAmount
478000
CY2022Q4 atec Litigation Settlement Obligation Net
LitigationSettlementObligationNet
4064000
CY2021Q4 atec Litigation Settlement Obligation Net
LitigationSettlementObligationNet
8465000
CY2022Q4 us-gaap Common Stock Shares Authorized
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200000000
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000
CY2022Q4 us-gaap Class Of Warrant Or Right Outstanding
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15491000
CY2022 us-gaap Allocated Share Based Compensation Expense
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40556000
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
36450000
CY2020 us-gaap Allocated Share Based Compensation Expense
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17659000
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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3351000
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
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2.84
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
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57000
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
13.83
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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2916000
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
3.38
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P4Y6M29D
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
26783000
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
2916000
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
3.38
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P4Y6M29D
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
26783000
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
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2849000
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
3.22
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P4Y6M3D
CY2022Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
26550000
CY2022 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
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P1Y9M
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-32000
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
12000
CY2022 us-gaap Deferred Income Tax Expense Benefit
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743000
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-191000
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
10000
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
140000
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
164000
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
145000
CY2022Q4 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
46129000
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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-146627000
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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-127943000
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-78849000
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-5382000
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-16219000
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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-152009000
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-144162000
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-78849000
CY2022 us-gaap Current Federal Tax Expense Benefit
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-764000
CY2021 us-gaap Current Federal Tax Expense Benefit
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123000
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
-140000
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
166000
CY2020 us-gaap Current State And Local Tax Expense Benefit
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CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
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CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
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CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Legal Settlements
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CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Legal Settlements
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