2022 Q4 Form 10-Q Financial Statement

#000137633922000127 Filed on November 02, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q3 2021 Q3
Revenue $74.38M $67.69M $63.07M
YoY Change 10.33% 7.32% -1.91%
Cost Of Revenue $14.37M $12.19M $10.13M
YoY Change 33.63% 20.33% -1.56%
Gross Profit $60.01M $55.50M $52.95M
YoY Change 5.91% 4.83% -1.98%
Gross Profit Margin 80.68% 81.99% 83.94%
Selling, General & Admin $49.95M $53.48M $46.29M
YoY Change -5.87% 15.52% -3.66%
% of Gross Profit 83.24% 96.35% 87.43%
Research & Development $5.400M $5.953M $4.368M
YoY Change 18.06% 36.29% 29.54%
% of Gross Profit 9.0% 10.73% 8.25%
Depreciation & Amortization $978.0K $831.0K $923.0K
YoY Change -14.66% -9.97% -41.06%
% of Gross Profit 1.63% 1.5% 1.74%
Operating Expenses $55.53M $59.43M $50.66M
YoY Change -3.95% 17.31% -1.48%
Operating Profit $4.473M -$7.103M -$1.075M
YoY Change -485.94% 560.74% -88.93%
Interest Expense -$1.450M -$1.270M -$963.0K
YoY Change 23.51% 31.88% -34.49%
% of Operating Profit -32.42%
Other Income/Expense, Net -$3.000K $0.00 $0.00
YoY Change -85.0% -100.0%
Pretax Income -$386.0K -$8.373M -$2.038M
YoY Change -118.32% 310.84% -89.48%
Income Tax $28.00K $53.00K $301.0K
% Of Pretax Income
Net Earnings -$2.110M -$8.426M -$2.339M
YoY Change -195.26% 260.24% -87.95%
Net Earnings / Revenue -2.84% -12.45% -3.71%
Basic Earnings Per Share -$0.09 -$0.04
Diluted Earnings Per Share -$0.02 -$0.09 -$0.04
COMMON SHARES
Basic Shares Outstanding 113.7M shares 113.6M shares 110.7M shares
Diluted Shares Outstanding 113.4M shares 110.7M shares

Balance Sheet

Concept 2022 Q4 2022 Q3 2021 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $65.95M $73.22M $90.61M
YoY Change -24.27% -19.19% -17.33%
Cash & Equivalents $65.95M $73.22M $90.61M
Short-Term Investments
Other Short-Term Assets $2.631M $2.582M $860.0K
YoY Change -6.34% 200.23% -84.28%
Inventory $13.18M $13.98M $11.20M
Prepaid Expenses $8.646M $4.679M
Receivables $43.08M $40.83M $36.54M
Other Receivables $704.0K $756.0K $625.0K
Total Short-Term Assets $134.2M $136.0M $141.9M
YoY Change -9.64% -4.13% -17.25%
LONG-TERM ASSETS
Property, Plant & Equipment $11.26M $11.64M $12.76M
YoY Change -18.79% -8.74% 24.38%
Goodwill $19.98M $19.98M $19.98M
YoY Change 0.0% 0.0% 0.0%
Intangibles $5.852M $4.992M $5.620M
YoY Change 8.71% -11.17% -21.6%
Long-Term Investments
YoY Change
Other Assets $148.0K $150.0K $270.0K
YoY Change -20.43% -44.44% -35.71%
Total Long-Term Assets $37.23M $36.76M $38.62M
YoY Change -5.52% -4.82% -7.72%
TOTAL ASSETS
Total Short-Term Assets $134.2M $136.0M $141.9M
Total Long-Term Assets $37.23M $36.76M $38.62M
Total Assets $171.4M $172.8M $180.5M
YoY Change -8.78% -4.28% -15.38%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $8.847M $8.820M $6.881M
YoY Change 19.8% 28.18% -23.96%
Accrued Expenses $11.02M $10.99M $13.69M
YoY Change 12.35% -19.76% -51.73%
Deferred Revenue $496.0K
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $43.56M $45.86M $41.75M
YoY Change 2.83% 9.85% -27.14%
LONG-TERM LIABILITIES
Long-Term Debt $48.59M $48.48M $48.02M
YoY Change 0.97% 0.96% 0.81%
Other Long-Term Liabilities $4.773M $5.491M $4.076M
YoY Change -1.97% 34.72% -7.82%
Total Long-Term Liabilities $53.37M $53.97M $52.09M
YoY Change 0.7% 3.6% 0.08%
TOTAL LIABILITIES
Total Short-Term Liabilities $43.56M $45.86M $41.75M
Total Long-Term Liabilities $53.37M $53.97M $52.09M
Total Liabilities $96.92M $99.82M $93.84M
YoY Change 1.65% 6.38% -14.18%
SHAREHOLDERS EQUITY
Retained Earnings -$191.9M -$191.5M -$163.9M
YoY Change 18.67% 16.82% 21.57%
Common Stock $114.0K $114.0K $113.0K
YoY Change 0.88% 0.88% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $4.000M
YoY Change -62.68%
Treasury Stock Shares 777.0K shares
Shareholders Equity -$17.99M -$19.52M -$5.808M
YoY Change
Total Liabilities & Shareholders Equity $171.4M $172.8M $180.5M
YoY Change -8.78% -4.28% -15.38%

Cashflow Statement

Concept 2022 Q4 2022 Q3 2021 Q3
OPERATING ACTIVITIES
Net Income -$2.110M -$8.426M -$2.339M
YoY Change -195.26% 260.24% -87.95%
Depreciation, Depletion And Amortization $978.0K $831.0K $923.0K
YoY Change -14.66% -9.97% -41.06%
Cash From Operating Activities -$5.624M $959.0K $6.330M
YoY Change 74.01% -84.85% -237.01%
INVESTING ACTIVITIES
Capital Expenditures $1.709M -$374.0K -$610.0K
YoY Change -644.27% -38.69% -14.08%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00 $30.00K
YoY Change -100.0%
Cash From Investing Activities -$1.709M -$374.0K -$580.0K
YoY Change 444.27% -35.52% -18.31%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 66.00K 130.0K -150.0K
YoY Change 200.0% -186.67% -100.22%
NET CHANGE
Cash From Operating Activities -5.624M 959.0K 6.330M
Cash From Investing Activities -1.709M -374.0K -580.0K
Cash From Financing Activities 66.00K 130.0K -150.0K
Net Change In Cash -7.267M 715.0K 5.600M
YoY Change 106.21% -87.23% -90.88%
FREE CASH FLOW
Cash From Operating Activities -$5.624M $959.0K $6.330M
Capital Expenditures $1.709M -$374.0K -$610.0K
Free Cash Flow -$7.333M $1.333M $6.940M
YoY Change 151.3% -80.79% -277.49%

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-0.15
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
113448251 shares
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
110717073 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
112650713 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
110136517 shares
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
113448251 shares
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
110717073 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
112650713 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
110136517 shares
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
-13603000 usd
CY2022Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2372000 usd
CY2022Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
137000 usd
CY2022Q3 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
0 usd
CY2022Q3 us-gaap Stock Issued During Period Value Restricted Stock Award Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures
0 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
-8426000 usd
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
-19520000 usd
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
-7137000 usd
CY2021Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3811000 usd
CY2021Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
45000 usd
CY2021Q3 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
0 usd
CY2021Q3 us-gaap Stock Issued During Period Value Restricted Stock Award Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures
0 usd
CY2021Q3 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
188000 usd
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
-2339000 usd
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
-5808000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
82000 usd
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
10798000 usd
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
574000 usd
us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
0 usd
us-gaap Stock Issued During Period Value Restricted Stock Award Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures
0 usd
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
1191000 usd
us-gaap Net Income Loss
NetIncomeLoss
-29783000 usd
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
-19520000 usd
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
-150000 usd
us-gaap Adjustments To Additional Paid In Capital Dividends In Excess Of Retained Earnings
AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings
926000 usd
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
11115000 usd
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
1404000 usd
us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
0 usd
us-gaap Stock Issued During Period Value Restricted Stock Award Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures
0 usd
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
4751000 usd
us-gaap Net Income Loss
NetIncomeLoss
-12500000 usd
us-gaap Adjustments To Additional Paid In Capital Other
AdjustmentsToAdditionalPaidInCapitalOther
0 usd
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
-5808000 usd
us-gaap Net Income Loss
NetIncomeLoss
-29783000 usd
us-gaap Net Income Loss
NetIncomeLoss
-12500000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
10798000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
11115000 usd
us-gaap Depreciation
Depreciation
2549000 usd
us-gaap Depreciation
Depreciation
3390000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
2817000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
0 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
519000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
647000 usd
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
348000 usd
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
943000 usd
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
931000 usd
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
724000 usd
us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
69000 usd
us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
57000 usd
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
17000 usd
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-236000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
3295000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
1113000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
2586000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
835000 usd
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-1467000 usd
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-3527000 usd
us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
13000 usd
us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
-9420000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
287000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-1990000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
1090000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-828000 usd
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
495000 usd
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
2085000 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
1724000 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-16768000 usd
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
905000 usd
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-840000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-12269000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1250000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
847000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2893000 usd
mdxg Payments For Application Costs Patent
PaymentsForApplicationCostsPatent
128000 usd
mdxg Payments For Application Costs Patent
PaymentsForApplicationCostsPatent
263000 usd
us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
0 usd
us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
75000 usd
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
24000 usd
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-951000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-3081000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1191000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
4751000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
574000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1404000 usd
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
29000 usd
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
27000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-646000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-3374000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-13866000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-5205000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
87083000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
95812000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
73217000 usd
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
90607000 usd
CY2022Q3 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2022Q3 us-gaap Number Of Reporting Units
NumberOfReportingUnits
3 segment
CY2021Q3 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
0 usd
us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-bottom:10pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-bottom:9pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The unaudited condensed consolidated financial statements have been prepared in accordance with GAAP. Conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the unaudited condensed consolidated financial statements and the reported unaudited condensed consolidated statements of operations during the reporting period. Actual results could differ from those estimates. Significant estimates include estimated useful lives and potential impairment of property and equipment and intangible assets, estimates regarding asset retirement obligations, estimates for contingent liabilities, estimates related to the Company’s assessment of goodwill impairment, the measurement of right of use assets and lease liabilities, management’s assessment of the Company’s ability to continue as a going concern, estimates of fair value of share-based payments, estimate for allowance for doubtful accounts, estimates of sales returns and allowances, and valuation of deferred tax assets.</span></div>
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
CY2022Q3 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2022Q3 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 segment
CY2022Q3 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
44660000 usd
CY2021Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
41540000 usd
CY2022Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
3830000 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1187000 usd
CY2022Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
40830000 usd
CY2021Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
40353000 usd
CY2022Q3 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
400000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
2800000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
0 usd
CY2022Q3 us-gaap Inventory Write Down
InventoryWriteDown
0 usd
us-gaap Inventory Write Down
InventoryWriteDown
0 usd
CY2022Q3 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
670000 usd
CY2021Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
364000 usd
CY2022Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
7604000 usd
CY2021Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
6112000 usd
CY2022Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
5702000 usd
CY2021Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
4913000 usd
CY2022Q3 us-gaap Inventory Net
InventoryNet
13976000 usd
CY2021Q4 us-gaap Inventory Net
InventoryNet
11389000 usd
CY2021Q3 us-gaap Inventory Write Down
InventoryWriteDown
500000 usd
us-gaap Inventory Write Down
InventoryWriteDown
700000 usd
CY2022Q3 us-gaap Finance Lease Right Of Use Asset Before Accumulated Amortization
FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization
189000 usd
CY2021Q4 us-gaap Finance Lease Right Of Use Asset Before Accumulated Amortization
FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization
189000 usd
CY2022Q3 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
43043000 usd
CY2021Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
42043000 usd
CY2022Q3 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
35131000 usd
CY2021Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
32878000 usd
CY2022Q3 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
7912000 usd
CY2021Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
9165000 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
698000 usd
CY2022Q3 us-gaap Depreciation
Depreciation
831000 usd
CY2021Q3 us-gaap Depreciation
Depreciation
923000 usd
us-gaap Depreciation
Depreciation
2549000 usd
us-gaap Depreciation
Depreciation
3390000 usd
CY2022Q3 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 segment
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 segment
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2022Q3 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
us-gaap Number Of Reporting Units
NumberOfReportingUnits
3 segment
CY2022Q3 us-gaap Number Of Reporting Units
NumberOfReportingUnits
3 segment
CY2021Q4 us-gaap Goodwill
Goodwill
20000000 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
303000 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
148000 usd
CY2022Q3 mdxg Finite Lived Intangible Asset Expected Amortization After Year Four
FiniteLivedIntangibleAssetExpectedAmortizationAfterYearFour
861000 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
2882000 usd
CY2022Q3 mdxg Accrued Travel
AccruedTravel
402000 usd
CY2022Q3 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
11920000 usd
CY2022Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
4992000 usd
CY2021Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
11791000 usd
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
5383000 usd
CY2022Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
175000 usd
CY2021Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
193000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
519000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
647000 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
174000 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
698000 usd
CY2022Q3 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
4185000 usd
CY2021Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
2806000 usd
CY2022Q3 us-gaap Accrued Sales Commission Current
AccruedSalesCommissionCurrent
2238000 usd
CY2021Q4 us-gaap Accrued Sales Commission Current
AccruedSalesCommissionCurrent
2630000 usd
CY2022Q3 mdxg Accrued Rebates
AccruedRebates
878000 usd
CY2021Q4 mdxg Accrued Rebates
AccruedRebates
1343000 usd
CY2022Q3 mdxg Accrued Administrative Fees Current
AccruedAdministrativeFeesCurrent
616000 usd
CY2021Q4 mdxg Accrued Administrative Fees Current
AccruedAdministrativeFeesCurrent
559000 usd
CY2022Q3 us-gaap Contract With Customer Refund Liability Current
ContractWithCustomerRefundLiabilityCurrent
999000 usd
CY2021Q4 us-gaap Contract With Customer Refund Liability Current
ContractWithCustomerRefundLiabilityCurrent
788000 usd
CY2021Q4 mdxg Accrued Travel
AccruedTravel
385000 usd
CY2022Q3 mdxg Accrued Clinical Trials Current
AccruedClinicalTrialsCurrent
214000 usd
CY2021Q4 mdxg Accrued Clinical Trials Current
AccruedClinicalTrialsCurrent
694000 usd
CY2022Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
1454000 usd
CY2021Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
607000 usd
CY2022Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
10986000 usd
CY2021Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
9812000 usd
CY2022Q3 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
0 usd
CY2022Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
0 usd
CY2022Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
0 usd
CY2022Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
50000000 usd
CY2022Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
0 usd
CY2022Q3 mdxg Long Term Debt Maturity After Year Four
LongTermDebtMaturityAfterYearFour
0 usd
CY2022Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
50000000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
-8426000 usd
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
-2339000 usd
us-gaap Net Income Loss
NetIncomeLoss
-29783000 usd
us-gaap Net Income Loss
NetIncomeLoss
-12500000 usd
CY2022Q3 us-gaap Temporary Equity Dividends Adjustment
TemporaryEquityDividendsAdjustment
1670000 usd
CY2021Q3 us-gaap Temporary Equity Dividends Adjustment
TemporaryEquityDividendsAdjustment
1574000 usd
us-gaap Temporary Equity Dividends Adjustment
TemporaryEquityDividendsAdjustment
4884000 usd
CY2022Q3 mdxg Number Of Products
NumberOfProducts
2 product
us-gaap Temporary Equity Dividends Adjustment
TemporaryEquityDividendsAdjustment
3613000 usd
CY2022Q3 mdxg Temporary Equity Accretion Of Increasing Rate Dividend Feature
TemporaryEquityAccretionOfIncreasingRateDividendFeature
0 usd
CY2021Q3 mdxg Temporary Equity Accretion Of Increasing Rate Dividend Feature
TemporaryEquityAccretionOfIncreasingRateDividendFeature
0 usd
mdxg Temporary Equity Accretion Of Increasing Rate Dividend Feature
TemporaryEquityAccretionOfIncreasingRateDividendFeature
0 usd
mdxg Temporary Equity Accretion Of Increasing Rate Dividend Feature
TemporaryEquityAccretionOfIncreasingRateDividendFeature
926000 usd
CY2022Q3 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
1670000 usd
CY2021Q3 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
1574000 usd
us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
4884000 usd
us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
4539000 usd
CY2022Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-10096000 usd
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-3913000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-34667000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-17039000 usd
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
113448251 shares
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
110717073 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
112650713 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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CY2021Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
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CY2022Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
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CY2022Q3 us-gaap Effective Income Tax Rate Continuing Operations
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us-gaap Interest Paid Net
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us-gaap Income Taxes Paid
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us-gaap Income Taxes Paid
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us-gaap Capital Expenditures Incurred But Not Yet Paid
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us-gaap Capital Expenditures Incurred But Not Yet Paid
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us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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mdxg Temporary Equity Deemed Dividends
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mdxg Temporary Equity Deemed Dividends
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mdxg Fair Value Of Non Cash Consideration Received For Option Exercise
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us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
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mdxg Notes Receivable For Sale Of Property And Equipment
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mdxg Notes Receivable For Sale Of Property And Equipment
NotesReceivableForSaleOfPropertyAndEquipment
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CY2022Q3 mdxg Revenue From Contract With Customer Number Of Distribution Channels
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CY2022Q3 mdxg Investigation Restatement And Related
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CY2022Q3 us-gaap Share Based Compensation
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ShareBasedCompensation
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