2021 Q4 Form 10-Q Financial Statement

#000142545021000146 Filed on November 04, 2021

View on sec.gov

Income Statement

Concept 2021 Q4 2021 Q3 2020 Q3
Revenue $24.81M $25.08M $22.21M
YoY Change 31.12% 12.94% 7.04%
Cost Of Revenue $6.732M $6.525M $4.566M
YoY Change 76.69% 42.9% -5.84%
Gross Profit $18.08M $18.55M $17.64M
YoY Change 19.6% 5.19% 10.97%
Gross Profit Margin 72.87% 73.98% 79.44%
Selling, General & Admin $21.57M $20.90M $19.06M
YoY Change 12.77% 9.63% 18.84%
% of Gross Profit 119.31% 112.62% 108.06%
Research & Development $1.608M $1.302M $1.077M
YoY Change -21.56% 20.89% -22.85%
% of Gross Profit 8.89% 7.02% 6.11%
Depreciation & Amortization $2.810M $2.723M $2.410M
YoY Change 21.65% 12.99% 78.52%
% of Gross Profit 15.54% 14.68% 13.66%
Operating Expenses $23.18M $22.20M $20.14M
YoY Change 9.45% 10.23% 15.5%
Operating Profit -$5.561M -$3.644M -$2.498M
YoY Change -56.36% 45.88% 62.31%
Interest Expense $5.114M $888.0K -$1.920M
YoY Change -319.48% -146.25% 47.69%
% of Operating Profit
Other Income/Expense, Net $281.0K $1.155M -$2.041M
YoY Change -14.85% -156.59% 52.54%
Pretax Income -$166.0K -$2.489M -$4.539M
YoY Change -98.87% -45.16% 57.77%
Income Tax -$238.0K -$292.0K $0.00
% Of Pretax Income
Net Earnings $72.00K -$2.197M -$4.539M
YoY Change -100.51% -51.6% 70.38%
Net Earnings / Revenue 0.29% -8.76% -20.44%
Basic Earnings Per Share $0.00 -$0.11 -$0.24
Diluted Earnings Per Share $0.00 -$0.11 -$0.24
COMMON SHARES
Basic Shares Outstanding 19.68M shares 19.29M shares 19.11M shares
Diluted Shares Outstanding 19.29M shares 19.11M shares

Balance Sheet

Concept 2021 Q4 2021 Q3 2020 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $53.54M $57.68M $88.40M
YoY Change -36.18% -34.75% 348.73%
Cash & Equivalents $7.641M $6.334M $88.37M
Short-Term Investments
Other Short-Term Assets $4.594M $4.113M $3.500M
YoY Change 14.85% 17.51% -91.21%
Inventory $57.57M $55.46M $52.03M
Prepaid Expenses
Receivables $17.94M $18.15M $17.06M
Other Receivables $0.00 $59.00K $400.0K
Total Short-Term Assets $133.6M $135.5M $161.4M
YoY Change -15.64% -16.06% 48.43%
LONG-TERM ASSETS
Property, Plant & Equipment $28.52M $28.78M $24.28M
YoY Change 4.73% 18.57% 12.74%
Goodwill $72.35M $70.49M $60.15M
YoY Change 2.61% 17.19% 460.45%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $170.6M $168.1M $146.6M
YoY Change 5.34% 14.67% 532.77%
TOTAL ASSETS
Total Short-Term Assets $133.6M $135.5M $161.4M
Total Long-Term Assets $170.6M $168.1M $146.6M
Total Assets $304.3M $303.6M $308.0M
YoY Change -5.04% -1.43% 100.75%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $9.325M $8.972M $6.904M
YoY Change -7.1% 29.95% -10.87%
Accrued Expenses $5.351M $4.655M $4.800M
YoY Change -50.91% -3.02% 23.08%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due $137.0K $136.0K $129.0K
YoY Change 4.58% 5.43% -99.57%
Total Short-Term Liabilities $29.72M $28.02M $25.75M
YoY Change -15.17% 8.82% -44.25%
LONG-TERM LIABILITIES
Long-Term Debt $907.0K $942.0K $1.078M
YoY Change -13.12% -12.62% -94.89%
Other Long-Term Liabilities $293.0K $320.0K $332.0K
YoY Change -9.29% -3.61% 637.78%
Total Long-Term Liabilities $49.19M $54.46M $42.82M
YoY Change -2.82% 27.17% 102.61%
TOTAL LIABILITIES
Total Short-Term Liabilities $29.72M $28.02M $25.75M
Total Long-Term Liabilities $49.19M $54.46M $42.82M
Total Liabilities $78.91M $82.48M $68.57M
YoY Change -7.87% 20.28% 1.86%
SHAREHOLDERS EQUITY
Retained Earnings -$178.0M -$178.1M -$147.8M
YoY Change 10.05% 20.54% 19.74%
Common Stock $5.000K $5.000K $5.000K
YoY Change 0.0% 0.0% 25.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $225.4M $221.1M $239.4M
YoY Change
Total Liabilities & Shareholders Equity $304.3M $303.6M $308.0M
YoY Change -5.04% -1.43% 100.75%

Cashflow Statement

Concept 2021 Q4 2021 Q3 2020 Q3
OPERATING ACTIVITIES
Net Income $72.00K -$2.197M -$4.539M
YoY Change -100.51% -51.6% 70.38%
Depreciation, Depletion And Amortization $2.810M $2.723M $2.410M
YoY Change 21.65% 12.99% 78.52%
Cash From Operating Activities -$1.235M -$937.0K -$3.660M
YoY Change 671.88% -74.4% 751.16%
INVESTING ACTIVITIES
Capital Expenditures -$1.635M -$7.044M -$1.280M
YoY Change -59.73% 450.31% -36.95%
Acquisitions
YoY Change
Other Investing Activities $4.600M $4.000M $0.00
YoY Change -108.36% -100.0%
Cash From Investing Activities $2.965M -$3.044M -$1.290M
YoY Change -105.02% 135.97% -25.43%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -34.00K 42.00K -19.68M
YoY Change 70.0% -100.21% -4473.33%
NET CHANGE
Cash From Operating Activities -1.235M -937.0K -3.660M
Cash From Investing Activities 2.965M -3.044M -1.290M
Cash From Financing Activities -34.00K 42.00K -19.68M
Net Change In Cash 1.696M -3.939M -24.63M
YoY Change -102.86% -84.01% 1340.35%
FREE CASH FLOW
Cash From Operating Activities -$1.235M -$937.0K -$3.660M
Capital Expenditures -$1.635M -$7.044M -$1.280M
Free Cash Flow $400.0K $6.107M -$2.380M
YoY Change -89.74% -356.6% -248.75%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2021
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Amendment Flag
AmendmentFlag
false
dei Entity Central Index Key
EntityCentralIndexKey
0001425450
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2021-09-30
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
001-38242
dei Entity Registrant Name
EntityRegistrantName
OrthoPediatrics Corp
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
26-1761833
dei Entity Address Address Line1
EntityAddressAddressLine1
2850 Frontier Drive
dei Entity Address City Or Town
EntityAddressCityOrTown
Warsaw
dei Entity Address State Or Province
EntityAddressStateOrProvince
IN
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
46582
dei City Area Code
CityAreaCode
574
dei Local Phone Number
LocalPhoneNumber
268-6379
dei Security12b Title
Security12bTitle
Common Stock, $0.00025 par value per share
dei Trading Symbol
TradingSymbol
KIDS
dei Security Exchange Name
SecurityExchangeName
NASDAQ
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
dei Entity Small Business
EntitySmallBusiness
true
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
true
dei Entity Ex Transition Period
EntityExTransitionPeriod
true
dei Entity Shell Company
EntityShellCompany
false
CY2021Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
19678380 shares
CY2021Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
6334000 USD
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
28758000 USD
CY2021Q3 us-gaap Restricted Cash Current
RestrictedCashCurrent
1368000 USD
CY2020Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
1374000 USD
CY2021Q3 us-gaap Short Term Investments
ShortTermInvestments
51349000 USD
CY2020Q4 us-gaap Short Term Investments
ShortTermInvestments
55141000 USD
CY2021Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
373000 USD
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
433000 USD
CY2021Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
18146000 USD
CY2020Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
17212000 USD
CY2021Q3 us-gaap Inventory Net
InventoryNet
55458000 USD
CY2020Q4 us-gaap Inventory Net
InventoryNet
52989000 USD
CY2021Q3 us-gaap Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
59000 USD
CY2020Q4 us-gaap Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
337000 USD
CY2021Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
2745000 USD
CY2020Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
2618000 USD
CY2021Q3 us-gaap Assets Current
AssetsCurrent
135459000 USD
CY2020Q4 us-gaap Assets Current
AssetsCurrent
158429000 USD
CY2021Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
28783000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
27227000 USD
CY2021Q3 kids Long Term Debt Current Maturities Related Party
LongTermDebtCurrentMaturitiesRelatedParty
136000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
54904000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
50284000 USD
CY2021Q3 us-gaap Goodwill
Goodwill
70490000 USD
CY2020Q4 us-gaap Goodwill
Goodwill
70511000 USD
CY2021Q3 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
13957000 USD
CY2020Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
13961000 USD
CY2021Q3 kids Assets Noncurrent Excluding Property Plant And Equipment
AssetsNoncurrentExcludingPropertyPlantAndEquipment
139351000 USD
CY2020Q4 kids Assets Noncurrent Excluding Property Plant And Equipment
AssetsNoncurrentExcludingPropertyPlantAndEquipment
134756000 USD
CY2021Q3 us-gaap Assets
Assets
303593000 USD
CY2020Q4 us-gaap Assets
Assets
320412000 USD
CY2021Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
8972000 USD
CY2020Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
10038000 USD
CY2021Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
4655000 USD
CY2020Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
4540000 USD
CY2021Q3 us-gaap Litigation Reserve Current
LitigationReserveCurrent
0 USD
CY2020Q4 us-gaap Litigation Reserve Current
LitigationReserveCurrent
6342000 USD
CY2020Q4 kids Long Term Debt Current Maturities Related Party
LongTermDebtCurrentMaturitiesRelatedParty
131000 USD
CY2021Q3 kids Business Combination Contingent Consideration Acquisition Installment Payable Current
BusinessCombinationContingentConsiderationAcquisitionInstallmentPayableCurrent
12791000 USD
CY2020Q4 kids Business Combination Contingent Consideration Acquisition Installment Payable Current
BusinessCombinationContingentConsiderationAcquisitionInstallmentPayableCurrent
12233000 USD
CY2021Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
1464000 USD
CY2020Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
1744000 USD
CY2021Q3 us-gaap Liabilities Current
LiabilitiesCurrent
28018000 USD
CY2020Q4 us-gaap Liabilities Current
LiabilitiesCurrent
35028000 USD
CY2021Q3 us-gaap Long Term Notes And Loans
LongTermNotesAndLoans
942000 USD
CY2020Q4 us-gaap Long Term Notes And Loans
LongTermNotesAndLoans
1044000 USD
CY2021Q3 kids Business Combination Contingent Consideration Acquisition Installment Payable Noncurrent
BusinessCombinationContingentConsiderationAcquisitionInstallmentPayableNoncurrent
13927000 USD
CY2020Q4 kids Business Combination Contingent Consideration Acquisition Installment Payable Noncurrent
BusinessCombinationContingentConsiderationAcquisitionInstallmentPayableNoncurrent
12784000 USD
CY2021Q3 us-gaap Business Combination Contingent Consideration Liability Noncurrent
BusinessCombinationContingentConsiderationLiabilityNoncurrent
34420000 USD
CY2020Q4 us-gaap Business Combination Contingent Consideration Liability Noncurrent
BusinessCombinationContingentConsiderationLiabilityNoncurrent
30710000 USD
CY2021Q3 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
4848000 USD
CY2020Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
5755000 USD
CY2021Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
320000 USD
CY2020Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
323000 USD
CY2021Q3 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
54457000 USD
CY2020Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
50616000 USD
CY2021Q3 us-gaap Liabilities
Liabilities
82475000 USD
CY2020Q4 us-gaap Liabilities
Liabilities
85644000 USD
CY2020Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.00025
CY2021Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.00025
CY2021Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
50000000 shares
CY2020Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
50000000 shares
CY2021Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
19672162 shares
CY2021Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
19672162 shares
CY2020Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
19560291 shares
CY2020Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
19560291 shares
CY2021Q3 us-gaap Common Stock Value
CommonStockValue
5000 USD
CY2020Q4 us-gaap Common Stock Value
CommonStockValue
5000 USD
CY2021Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
392929000 USD
CY2020Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
388622000 USD
CY2021Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-178098000 USD
CY2020Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-161766000 USD
CY2021Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
6282000 USD
CY2020Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
7907000 USD
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
221118000 USD
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
234768000 USD
CY2021Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
303593000 USD
CY2020Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
320412000 USD
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
25079000 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
22205000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
73236000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
52154000 USD
CY2021Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
6525000 USD
CY2020Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
4566000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
12241000 USD
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
29687000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
17914000 USD
CY2021Q3 us-gaap Gross Profit
GrossProfit
18554000 USD
CY2020Q3 us-gaap Gross Profit
GrossProfit
17639000 USD
us-gaap Gross Profit
GrossProfit
55322000 USD
us-gaap Gross Profit
GrossProfit
39913000 USD
CY2021Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
9862000 USD
CY2020Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
9237000 USD
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
22421000 USD
CY2021Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
11034000 USD
CY2020Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
9823000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
34163000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
28281000 USD
CY2021Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
1302000 USD
CY2020Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
1077000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
3935000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
3223000 USD
CY2021Q3 us-gaap Operating Expenses
OperatingExpenses
22198000 USD
CY2020Q3 us-gaap Operating Expenses
OperatingExpenses
20137000 USD
us-gaap Operating Expenses
OperatingExpenses
67785000 USD
us-gaap Operating Expenses
OperatingExpenses
53925000 USD
CY2021Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-3644000 USD
CY2020Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-2498000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-12463000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-14012000 USD
CY2021Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-542000 USD
CY2020Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-1010000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-1851000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-2788000 USD
CY2021Q3 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
-1430000 USD
CY2020Q3 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
909000 USD
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
3710000 USD
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
1819000 USD
CY2021Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
267000 USD
CY2020Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-122000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
802000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-312000 USD
CY2021Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
1155000 USD
CY2020Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-2041000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-4759000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-4919000 USD
CY2021Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-2489000 USD
CY2020Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-4539000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-17222000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-18931000 USD
CY2021Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-292000 USD
CY2020Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-890000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
-2197000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
-4539000 USD
us-gaap Net Income Loss
NetIncomeLoss
-16332000 USD
us-gaap Net Income Loss
NetIncomeLoss
-18931000 USD
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
19291374 shares
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
19291374 shares
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
19112797 shares
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
19112797 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
19256128 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
19256128 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
17700429 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
17700429 shares
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.11
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.11
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.24
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.24
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.85
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.85
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.07
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.07
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
-2197000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
-4539000 USD
us-gaap Net Income Loss
NetIncomeLoss
-16332000 USD
us-gaap Net Income Loss
NetIncomeLoss
-18931000 USD
CY2021Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
288000 USD
CY2020Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-94000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-1343000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
70000 USD
CY2021Q3 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
-88000 USD
CY2020Q3 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
0 USD
us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
-282000 USD
us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
0 USD
CY2021Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
200000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-94000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-1625000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
70000 USD
CY2021Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-1997000 USD
CY2020Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-4633000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-17957000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-18861000 USD
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
234768000 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
-10379000 USD
CY2021Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-3622000 USD
CY2021Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
62000 USD
CY2021Q1 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
1316000 USD
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
222145000 USD
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-3756000 USD
CY2021Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
1797000 USD
CY2021Q2 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
1415000 USD
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
221601000 USD
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
-2197000 USD
CY2021Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
200000 USD
CY2021Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
75000 USD
CY2021Q3 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
1439000 USD
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
221118000 USD
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
142361000 USD
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
-4945000 USD
CY2020Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-1358000 USD
CY2020Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
688000 USD
CY2020Q1 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
958000 USD
CY2020Q1 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
1750000 USD
CY2020Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
187000 USD
CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
139267000 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
-9447000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
1522000 USD
CY2020Q2 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
37638000 USD
CY2020Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
593000 USD
CY2020Q2 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
2495000 USD
CY2020Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
70394000 USD
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
242462000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
-4539000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-94000 USD
CY2020Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
348000 USD
CY2020Q3 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
1259000 USD
CY2020Q3 us-gaap Stockholders Equity
StockholdersEquity
239436000 USD
us-gaap Net Income Loss
NetIncomeLoss
-16332000 USD
us-gaap Net Income Loss
NetIncomeLoss
-18931000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
7870000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
5696000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
4170000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
4712000 USD
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
3710000 USD
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
1819000 USD
kids Business Combination Contingent Consideration Change In Fair Value Acquisition Installment Payable
BusinessCombinationContingentConsiderationChangeInFairValueAcquisitionInstallmentPayable
1701000 USD
kids Business Combination Contingent Consideration Change In Fair Value Acquisition Installment Payable
BusinessCombinationContingentConsiderationChangeInFairValueAcquisitionInstallmentPayable
1702000 USD
us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
890000 USD
us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
0 USD
us-gaap Increase Decrease In Accounts And Notes Receivable
IncreaseDecreaseInAccountsAndNotesReceivable
716000 USD
us-gaap Increase Decrease In Accounts And Notes Receivable
IncreaseDecreaseInAccountsAndNotesReceivable
389000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
3244000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
12340000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
138000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
215000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-956000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
155000 USD
kids Increase Decrease In Settlement Liabilities Current
IncreaseDecreaseInSettlementLiabilitiesCurrent
6342000 USD
kids Increase Decrease In Settlement Liabilities Current
IncreaseDecreaseInSettlementLiabilitiesCurrent
0 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-168000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-558000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
493000 USD
us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
0 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
24000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-11828000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-18373000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
1670000 USD
us-gaap Payments To Acquire Business Two Net Of Cash Acquired
PaymentsToAcquireBusinessTwoNetOfCashAcquired
0 USD
us-gaap Payments To Acquire Business Two Net Of Cash Acquired
PaymentsToAcquireBusinessTwoNetOfCashAcquired
1723000 USD
us-gaap Payments To Acquire Business Three Net Of Cash Acquired
PaymentsToAcquireBusinessThreeNetOfCashAcquired
0 USD
us-gaap Payments To Acquire Business Three Net Of Cash Acquired
PaymentsToAcquireBusinessThreeNetOfCashAcquired
796000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
4000000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
0 USD
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
7908000 USD
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
0 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
6468000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
6448000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-10376000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-10637000 USD
us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
25000000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
70207000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
137000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1629000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
97000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
88000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
40000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
46748000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-266000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-24000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-22430000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
17714000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
30132000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
72027000 USD
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
7702000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
89741000 USD
us-gaap Interest Paid Net
InterestPaidNet
43000 USD
us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0 USD
us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0 USD
us-gaap Interest Paid Net
InterestPaidNet
1218000 USD
kids Transfer Of Property And Equipment To Inventory
TransferOfPropertyAndEquipmentToInventory
80000 USD
kids Transfer Of Property And Equipment To Inventory
TransferOfPropertyAndEquipmentToInventory
645000 USD
us-gaap Nature Of Operations
NatureOfOperations
BUSINESS<div style="padding-right:8pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:121%">OrthoPediatrics Corp., a Delaware corporation, is a medical device company committed to designing, developing and marketing anatomically appropriate implants and devices for children with orthopedic conditions, giving pediatric orthopedic surgeons and caregivers the ability to treat children with technologies specifically designed to meet their needs. We sell our specialized products, including PediLoc</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:6.5pt;font-weight:400;line-height:121%;position:relative;top:-3.5pt;vertical-align:baseline">®</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:121%">, PediPlates</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:6.5pt;font-weight:400;line-height:121%;position:relative;top:-3.5pt;vertical-align:baseline">®</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:121%">, Cannulated Screws, PediFlex</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:4.22pt;font-weight:400;line-height:121%;position:relative;top:-2.27pt;vertical-align:baseline">TM</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:6.5pt;font-weight:400;line-height:121%"> </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:121%">nail, PediNail</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:4.22pt;font-weight:400;line-height:121%;position:relative;top:-2.27pt;vertical-align:baseline">TM</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:121%">, PediLoc</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:6.5pt;font-weight:400;line-height:121%;position:relative;top:-3.5pt;vertical-align:baseline">®</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:121%"> Tibia, ACL Reconstruction System, Locking Cannulated Blade, Locking Proximal Femur, Spica Tables, RESPONSE</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:4.22pt;font-weight:400;line-height:121%;position:relative;top:-2.27pt;vertical-align:baseline">TM</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:121%"> Spine, BandLoc</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:4.22pt;font-weight:400;line-height:121%;position:relative;top:-2.27pt;vertical-align:baseline">TM</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:121%">, Pediguard, Pediatric Nailing Platform | Femur, Orthex</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:6.5pt;font-weight:400;line-height:121%;position:relative;top:-3.5pt;vertical-align:baseline">®</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:121%">, QuickPack</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:6.5pt;font-weight:400;line-height:121%;position:relative;top:-3.5pt;vertical-align:baseline">®</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:4.22pt;font-weight:400;line-height:121%;position:relative;top:-2.27pt;vertical-align:baseline"> </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:121%"> and ApiFix</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:6.5pt;font-weight:400;line-height:121%;position:relative;top:-3.5pt;vertical-align:baseline">®</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:121%"> Mid-C System, to various hospitals and medical facilities throughout the United States and various international markets. We currently use a contract manufacturing model for the manufacturing of implants and related surgical instrumentation. </span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:107%">The Company began selling its products in the United States in 2008 and internationally in 2011. In 2017, we expanded operations and established legal entities in the United Kingdom, Australia and New Zealand, permitting us to sell under an agency model direct to local hospitals in these countries. We began selling direct to Canada in September 2018, Belgium and the Netherlands in January 2019, Italy in March 2020 and Germany, Switzerland and Austria in January 2021. Additionally, in March 2019, we established an operating company in the Netherlands in order to enhance our operations in Europe. </span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On June 4, 2019, we purchased all the issued and outstanding shares of stock of Vilex in Tennessee, Inc. ("Vilex") and all the issued and outstanding units of membership interests in Orthex, LLC ("Orthex") for $60,000 in total consideration. Vilex and Orthex are primarily manufacturers of foot and ankle surgical implants, including cannulated screws, fusion devices, surgical staples and bone plates, as well as Orthex Hexapod technology which is used to treat pediatric congenital deformities and limb length discrepancies.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On December 31, 2019, we divested substantially all of the assets relating to Vilex's adult product offerings to a wholly-owned subsidiary of Squadron Capital LLC ("Squadron") in exchange for a $25,000 reduction in a Term Note owed to Squadron in connection with the initial acquisition. As part of the sale, we also executed an exclusive license arrangement with Squadron providing for perpetual access to certain intellectual property and a mutual distribution agreement. </span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On March 9, 2020, we purchased all the issued and outstanding membership interest of Telos Partners, LLC ("Telos") for $3,300 in total consideration. Telos is a boutique regulatory consulting firm formed in Colorado. </span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On April 1, 2020, we purchased all the issued and outstanding membership interest of ApiFix, Ltd. ("ApiFix") for (a) $2,000 in cash, and (b) 934,783 shares of the Company's common stock, $0.00025 par value per share, representing approximately $35,000 (based on a closing share price of $37.63 on April 1, 2020. ApiFix, a corporation organized under the laws of Israel, has developed a minimally invasive deformity correction system for patients with Adolescent Idiopathic Scoliosis ("ApiFix System"). In addition, we have also agreed to pay as part of the purchase price the following anniversary payments, subject to certain limitations and adjustments: (i) approximately $13,000 on the second anniversary of the closing date, provided that such payment will be paid earlier if 150 clinical procedures using the ApiFix System are completed in the United States before such anniversary date, (ii) $8,000 on the third anniversary of the closing date; and (iii) $9,000 on the fourth anniversary of the closing date. In addition, to the extent that the product of our revenues from the ApiFix System for the twelve months ended June 30, 2024 multiplied by 2.25 exceeds the anniversary payments actually made for the third and fourth </span></div><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">years, we have agreed to pay the selling shareholders a system sales payment in the amount of such excess. The anniversary payments and system sales payment may each be made in cash or cash and common stock (refer to Note 3). </span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On June 10, 2020, we purchased certain intellectual property assets from Band-Lok, LLC, a North Carolina limited liability company ("Band-Lok"), related to its Tether Clamp and Implantation System ("Tether Clamp System") for approximately $3,400 in total consideration. We use the Tether Clamp System in connection with our Bandloc 5.5/6.0 System. We were previously the sole licensee of the purchased assets under a license agreement with Band-Lok. </span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Our largest investor is Squadron, a private investment firm based in Granby, Connecticut. </span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:112%">The global COVID-19 pandemic (“COVID-19” or the “pandemic”), together with the preventative and precautionary measures taken by governments, governmental agencies, communities, businesses and hospital administrators, has impacted, and may continue to impact significant aspects of our business, including demand for our products, supply chain and distribution systems, our operations generally, and the timing for bringing new products to market. We also expect medical procedure rates to continue to vary by type and country, and could be impacted by regional COVID-19 case volumes, hospital and clinical occupancy and staffing levels, the willingness of patients to schedule elective procedures, travel and quarantine restrictions, vaccine immunization rates, and new COVID-19 variants. While we have seen the positive impact that higher vaccination rates have had on curbing the spread of the virus in the U.S. and certain other countries, the global COVID-19 outlook remains uncertain as vaccination rates have slowed and the spread of new variants has accelerated. While the impact of COVID-19 has had, and may continue to have, an adverse effect on our business, results of operations, financial condition and cash flows, the nature and extent of such impact is unknown, as we cannot predict with confidence the ultimate duration or further severity of the pandemic.</span></div>
CY2021Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-178098000 USD
CY2020Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-161766000 USD
us-gaap Use Of Estimates
UseOfEstimates
Use of EstimatesPreparation of the condensed consolidated financial statements requires the use of estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses, as of the date of the condensed consolidated financial statements. By their nature, these judgments are subject to an inherent degree of uncertainty. The impact of the coronavirus disease ("COVID-19") has significantly increased economic and demand uncertainty. We use historical experience and other assumptions as the basis for our judgments and estimates. Because future events and their effects cannot be determined with precision, actual results could differ significantly from these estimates. Any changes in these estimates will be reflected in the condensed consolidated financial statements.
CY2021Q3 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0 USD
CY2019Q4 us-gaap Escrow Deposit
EscrowDeposit
1250000 USD
CY2021Q3 us-gaap Restricted Cash Current
RestrictedCashCurrent
100000 EUR
CY2020Q3 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0 USD
us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
0 USD
us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
0 USD
CY2020Q3 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
0 USD
CY2021Q3 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
0 USD
CY2021Q3 kids Business Combination Contingent Consideration Change In Fair Value Acquisition Installment Payable
BusinessCombinationContingentConsiderationChangeInFairValueAcquisitionInstallmentPayable
489000 USD
kids Business Combination Contingent Consideration Change In Fair Value Acquisition Installment Payable
BusinessCombinationContingentConsiderationChangeInFairValueAcquisitionInstallmentPayable
1701000 USD
CY2020Q3 kids Business Combination Contingent Consideration Change In Fair Value Acquisition Installment Payable
BusinessCombinationContingentConsiderationChangeInFairValueAcquisitionInstallmentPayable
816000 USD
kids Business Combination Contingent Consideration Change In Fair Value Acquisition Installment Payable
BusinessCombinationContingentConsiderationChangeInFairValueAcquisitionInstallmentPayable
1702000 USD
CY2021Q3 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
-1430000 USD
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
3710000 USD
CY2020Q3 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
909000 USD
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
1819000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2020Q4 us-gaap Goodwill
Goodwill
70511000 USD
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-21000 USD
CY2021Q3 us-gaap Goodwill
Goodwill
70490000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
63013000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
8109000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
54904000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
55118000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
4834000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
50284000 USD
CY2021Q3 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
13957000 USD
CY2020Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
13961000 USD
CY2021Q3 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
-1430000 USD
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
3710000 USD
CY2021Q3 kids Business Combination Contingent Consideration Change In Fair Value Acquisition Installment Payable
BusinessCombinationContingentConsiderationChangeInFairValueAcquisitionInstallmentPayable
489000 USD
kids Business Combination Contingent Consideration Change In Fair Value Acquisition Installment Payable
BusinessCombinationContingentConsiderationChangeInFairValueAcquisitionInstallmentPayable
1701000 USD
CY2018Q4 kids Operating Loss Carryforwards Limitations On Use Estimated Amount Subject To Limitation Annual Limit
OperatingLossCarryforwardsLimitationsOnUseEstimatedAmountSubjectToLimitationAnnualLimit
9736000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-890000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
CY2021Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.052
CY2020Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0
CY2020Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
16905000 USD
CY2020Q4 us-gaap Tax Credit Carryforward Amount
TaxCreditCarryforwardAmount
176000 USD
CY2014Q2 kids Operating Loss Carryforwards Limitations On Use Estimated Amount Subject To Limitation
OperatingLossCarryforwardsLimitationsOnUseEstimatedAmountSubjectToLimitation
16200000 USD
CY2014Q2 kids Operating Loss Carryforwards Limitations On Use Estimated Amount Subject To Limitation Annual Limit
OperatingLossCarryforwardsLimitationsOnUseEstimatedAmountSubjectToLimitationAnnualLimit
1062000 USD
CY2018Q4 kids Operating Loss Carryforwards Limitations On Use Estimated Amount Subject To Limitation Annual Limit Increase
OperatingLossCarryforwardsLimitationsOnUseEstimatedAmountSubjectToLimitationAnnualLimitIncrease
22430000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
1742 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
30.97
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
-2197000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
-4539000 USD
us-gaap Net Income Loss
NetIncomeLoss
-16332000 USD
us-gaap Net Income Loss
NetIncomeLoss
-18931000 USD
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
19291374 shares
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
19291374 shares
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
19112797 shares
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
19112797 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
19256128 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
19256128 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
17700429 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
17700429 shares
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.11
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.11
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.24
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.24
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.85
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.85
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.07
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.07
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
382553 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
450606 shares
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
25079000 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
22205000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
73236000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
52154000 USD
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
25079000 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
22205000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
73236000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
52154000 USD
us-gaap Defined Contribution Plan Employer Matching Contribution Percent
DefinedContributionPlanEmployerMatchingContributionPercent
0.04
CY2021Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
320000 USD
CY2021Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
324000 USD
CY2021Q3 us-gaap Purchase Commitment Remaining Minimum Amount Committed
PurchaseCommitmentRemainingMinimumAmountCommitted
3800000 USD

Files In Submission

Name View Source Status
0001425450-21-000146-index-headers.html Edgar Link pending
0001425450-21-000146-index.html Edgar Link pending
0001425450-21-000146.txt Edgar Link pending
0001425450-21-000146-xbrl.zip Edgar Link pending
exhibit311-ceocertificatio.htm Edgar Link pending
exhibit312-cfocertificatio.htm Edgar Link pending
exhibit321-ceocertificatio.htm Edgar Link pending
exhibit322-cfocertificatio.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
kids-20210930.htm Edgar Link pending
kids-20210930.xsd Edgar Link pending
kids-20210930_cal.xml Edgar Link unprocessable
kids-20210930_def.xml Edgar Link unprocessable
kids-20210930_htm.xml Edgar Link completed
kids-20210930_lab.xml Edgar Link unprocessable
kids-20210930_pre.xml Edgar Link unprocessable
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending