2024 Q3 Form 10-Q Financial Statement
#000137633924000063 Filed on July 31, 2024
Income Statement
Concept | 2024 Q3 | 2024 Q2 |
---|---|---|
Revenue | $84.06M | $87.21M |
YoY Change | 2.87% | 7.32% |
Cost Of Revenue | $15.32M | $14.86M |
YoY Change | 3.6% | 9.36% |
Gross Profit | $68.74M | $72.35M |
YoY Change | 2.71% | 6.91% |
Gross Profit Margin | 81.77% | 82.97% |
Selling, General & Admin | $53.52M | $55.40M |
YoY Change | 1.8% | 6.69% |
% of Gross Profit | 77.86% | 76.57% |
Research & Development | $2.918M | $3.012M |
YoY Change | -8.09% | -64.55% |
% of Gross Profit | 4.25% | 4.16% |
Depreciation & Amortization | $1.155M | $1.149M |
YoY Change | 76.88% | 67.25% |
% of Gross Profit | 1.68% | 1.59% |
Operating Expenses | $56.43M | $58.41M |
YoY Change | 1.23% | -3.32% |
Operating Profit | $11.16M | $23.45M |
YoY Change | 3.2% | 741.1% |
Interest Expense | $278.0K | $3.000K |
YoY Change | -116.55% | -100.18% |
% of Operating Profit | 2.49% | 0.01% |
Other Income/Expense, Net | -$21.00K | -$237.0K |
YoY Change | 90.91% | 640.63% |
Pretax Income | $11.42M | $23.22M |
YoY Change | 25.14% | 1961.81% |
Income Tax | $3.541M | $5.595M |
% Of Pretax Income | 31.01% | 24.1% |
Net Earnings | $8.095M | $17.63M |
YoY Change | -5.14% | 1368.75% |
Net Earnings / Revenue | 9.63% | 20.21% |
Basic Earnings Per Share | $0.05 | $0.12 |
Diluted Earnings Per Share | $0.05 | $0.12 |
COMMON SHARES | ||
Basic Shares Outstanding | 146.8M shares | 147.6M shares |
Diluted Shares Outstanding | 148.4M shares | 148.9M shares |
Balance Sheet
Concept | 2024 Q3 | 2024 Q2 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $88.80M | $69.04M |
YoY Change | 9.36% | 0.56% |
Cash & Equivalents | $88.80M | $69.04M |
Short-Term Investments | ||
Other Short-Term Assets | $2.152M | $3.097M |
YoY Change | -6.88% | -0.42% |
Inventory | $24.25M | $25.06M |
Prepaid Expenses | $2.907M | $4.030M |
Receivables | $54.03M | $52.80M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $172.1M | $154.0M |
YoY Change | 11.42% | 9.06% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $9.294M | $9.997M |
YoY Change | -2.17% | -0.06% |
Goodwill | $19.44M | $19.44M |
YoY Change | 0.0% | 0.0% |
Intangibles | $11.20M | $12.05M |
YoY Change | 107.62% | 116.48% |
Long-Term Investments | ||
YoY Change | ||
Other Assets | $1.180M | $1.239M |
YoY Change | 691.95% | 748.63% |
Total Long-Term Assets | $71.75M | $76.17M |
YoY Change | 107.86% | 116.65% |
TOTAL ASSETS | ||
Total Short-Term Assets | $172.1M | $154.0M |
Total Long-Term Assets | $71.75M | $76.17M |
Total Assets | $243.9M | $230.2M |
YoY Change | 29.03% | 30.51% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $6.924M | $7.603M |
YoY Change | -24.49% | -6.71% |
Accrued Expenses | $8.396M | $9.281M |
YoY Change | -11.1% | -26.6% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | $1.000M | $1.000M |
YoY Change | ||
Total Short-Term Liabilities | $41.94M | $40.01M |
YoY Change | -3.86% | -10.0% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $18.02M | $18.25M |
YoY Change | -63.2% | -62.63% |
Other Long-Term Liabilities | $2.924M | $3.882M |
YoY Change | 12.25% | 19.37% |
Total Long-Term Liabilities | $20.94M | $22.13M |
YoY Change | -59.39% | -57.51% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $41.94M | $40.01M |
Total Long-Term Liabilities | $20.94M | $22.13M |
Total Liabilities | $62.88M | $62.14M |
YoY Change | -33.95% | -35.64% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$98.70M | -$106.8M |
YoY Change | -47.26% | -45.43% |
Common Stock | $147.0K | $147.0K |
YoY Change | 26.72% | 26.72% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $181.0M | $168.0M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $243.9M | $230.2M |
YoY Change | 29.03% | 30.51% |
Cashflow Statement
Concept | 2024 Q3 | 2024 Q2 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $8.095M | $17.63M |
YoY Change | -5.14% | 1368.75% |
Depreciation, Depletion And Amortization | $1.155M | $1.149M |
YoY Change | 76.88% | 67.25% |
Cash From Operating Activities | $19.62M | $21.81M |
YoY Change | 53.43% | 180.57% |
INVESTING ACTIVITIES | ||
Capital Expenditures | -$113.0K | $419.0K |
YoY Change | -117.66% | 20.4% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $0.00 | -$486.0K |
YoY Change | ||
Cash From Investing Activities | $113.0K | -$905.0K |
YoY Change | -117.66% | 160.06% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | 27.00K | -359.0K |
YoY Change | -92.7% | -9075.0% |
NET CHANGE | ||
Cash From Operating Activities | 19.62M | 21.81M |
Cash From Investing Activities | 113.0K | -905.0K |
Cash From Financing Activities | 27.00K | -359.0K |
Net Change In Cash | 19.76M | 20.55M |
YoY Change | 57.86% | 176.54% |
FREE CASH FLOW | ||
Cash From Operating Activities | $19.62M | $21.81M |
Capital Expenditures | -$113.0K | $419.0K |
Free Cash Flow | $19.74M | $21.40M |
YoY Change | 62.44% | 188.07% |
Facts In Submission
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2024 | ||
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Q2 | ||
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2024-06-30 | ||
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MIMEDX GROUP, INC. | ||
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FL | ||
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26-2792552 | ||
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1775 West Oak Commons Ct NE | ||
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Marietta | ||
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GA | ||
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30062 | ||
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770 | ||
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FinanceLeasePrincipalPayments
|
20000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
0 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-12963000 | usd | |
us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<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%">Reclassifications</span></div><div style="margin-bottom:9pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Current portion of long term debt of $1.0 million as of December 31, 2023, which was presented in other current liabilities in previously-issued financial statements, has been reclassified to be presented in a separate line item, still within current liabilities, in the June 30, 2024 balance sheet presentation.</span></div> | ||
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;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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 consolidated financial statements and the reported 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, estimates of impairment for goodwill and intangible assets, estimates of useful lives for intangible assets, estimates of loss for contingent liabilities, estimate of allowance for doubtful accounts, estimates of fair value and the probable achievement of share-based payments, estimates of returns and allowances, estimate of fair value of Profit Share Payments (as defined below), and valuation of deferred tax assets.</span></div> | ||
CY2024Q2 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
56067000 | usd |
CY2023Q4 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
57015000 | usd |
CY2024Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
3269000 | usd |
CY2024Q2 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
52798000 | usd |
CY2023Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
53871000 | usd |
CY2022Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
3783000 | usd |
CY2024Q1 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
199000 | usd |
CY2023Q1 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
-60000 | usd |
CY2024Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
|
77000 | usd |
CY2023Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
|
122000 | usd |
CY2024Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
3266000 | usd |
CY2023Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
3601000 | usd |
CY2024Q2 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
220000 | usd |
CY2023Q2 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
349000 | usd |
CY2024Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
|
217000 | usd |
CY2023Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
|
1754000 | usd |
CY2024Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
3269000 | usd |
CY2023Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
2196000 | usd |
CY2024Q2 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
856000 | usd |
CY2023Q4 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
825000 | usd |
CY2024Q2 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
9909000 | usd |
CY2023Q4 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
8521000 | usd |
CY2024Q2 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
14291000 | usd |
CY2023Q4 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
11675000 | usd |
CY2024Q2 | us-gaap |
Inventory Net
InventoryNet
|
25056000 | usd |
CY2023Q4 | us-gaap |
Inventory Net
InventoryNet
|
21021000 | usd |
CY2024Q2 | us-gaap |
Finance Lease Right Of Use Asset Before Accumulated Amortization
FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization
|
189000 | usd |
CY2023Q4 | us-gaap |
Finance Lease Right Of Use Asset Before Accumulated Amortization
FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization
|
189000 | usd |
CY2024Q2 | us-gaap |
Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
|
27615000 | usd |
CY2023Q4 | us-gaap |
Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
|
27002000 | usd |
CY2024Q2 | us-gaap |
Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
|
20793000 | usd |
CY2023Q4 | us-gaap |
Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
|
20028000 | usd |
CY2024Q2 | us-gaap |
Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
|
6822000 | usd |
CY2023Q4 | us-gaap |
Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
|
6974000 | usd |
CY2024Q2 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
18642000 | usd |
CY2024Q2 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
8588000 | usd |
CY2024Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
10054000 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
11039000 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
7872000 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
3167000 | usd |
CY2024Q2 | us-gaap |
Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
|
20635000 | usd |
CY2024Q2 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
12047000 | usd |
CY2023Q4 | us-gaap |
Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
|
13129000 | usd |
CY2023Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
5257000 | usd |
us-gaap |
Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
|
100000 | usd | |
CY2024Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
|
1208000 | usd |
CY2024Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
1883000 | usd |
CY2024Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
1729000 | usd |
CY2024Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
1728000 | usd |
CY2024Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
1726000 | usd |
CY2024Q2 | mdxg |
Finite Lived Intangible Asset Expected Amortization After Year Four
FiniteLivedIntangibleAssetExpectedAmortizationAfterYearFour
|
1780000 | usd |
CY2024Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
10054000 | usd |
CY2024Q2 | us-gaap |
Accrued Sales Commission Current
AccruedSalesCommissionCurrent
|
3068000 | usd |
CY2023Q4 | us-gaap |
Accrued Sales Commission Current
AccruedSalesCommissionCurrent
|
4136000 | usd |
CY2024Q2 | mdxg |
Accrued Rebates
AccruedRebates
|
1327000 | usd |
CY2023Q4 | mdxg |
Accrued Rebates
AccruedRebates
|
745000 | usd |
CY2024Q2 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
1483000 | usd |
CY2023Q4 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
834000 | usd |
CY2024Q2 | us-gaap |
Contract With Customer Refund Liability Current
ContractWithCustomerRefundLiabilityCurrent
|
1043000 | usd |
CY2023Q4 | us-gaap |
Contract With Customer Refund Liability Current
ContractWithCustomerRefundLiabilityCurrent
|
1096000 | usd |
CY2024Q2 | mdxg |
Accrued Administrative Fees Current
AccruedAdministrativeFeesCurrent
|
626000 | usd |
CY2023Q4 | mdxg |
Accrued Administrative Fees Current
AccruedAdministrativeFeesCurrent
|
1338000 | usd |
CY2024Q2 | mdxg |
Accrued Travel
AccruedTravel
|
858000 | usd |
CY2023Q4 | mdxg |
Accrued Travel
AccruedTravel
|
433000 | usd |
CY2023Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
779000 | usd |
CY2023Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
9361000 | usd |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-1400000 | usd | |
CY2024Q1 | us-gaap |
Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
|
781000 | usd |
CY2024Q1 | mdxg |
Unamortized Issuance Discount Writeoff
UnamortizedIssuanceDiscountWriteoff
|
120000 | usd |
CY2024Q1 | mdxg |
Debt Prepayment Premium
DebtPrepaymentPremium
|
500000 | usd |
CY2024Q1 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-1401000 | usd |
CY2024Q2 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
17621000 | usd |
CY2023Q2 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
9251000 | usd |
us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
26682000 | usd | |
us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
7309000 | usd | |
CY2024Q2 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
|
4000 | usd |
CY2023Q2 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
|
-8051000 | usd |
us-gaap |
Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
|
204000 | usd | |
us-gaap |
Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
|
-11092000 | usd | |
CY2024Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
17625000 | usd |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1200000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
26886000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-3783000 | usd | |
CY2024Q2 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
0 | usd |
CY2023Q2 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
1728000 | usd |
us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
0 | usd | |
us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
3411000 | usd | |
CY2024Q2 | us-gaap |
Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
|
17621000 | usd |
CY2023Q2 | us-gaap |
Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
|
7523000 | usd |
us-gaap |
Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
|
26682000 | usd | |
us-gaap |
Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
|
3898000 | usd | |
CY2024Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
147326273 | shares |
CY2023Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
115866371 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
147033879 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
115136646 | shares | |
CY2024Q2 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
0.12 | |
CY2023Q2 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
0.07 | |
us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
0.18 | ||
us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
0.04 | ||
CY2024Q2 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
0.00 | |
CY2023Q2 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
-0.07 | |
us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
0.00 | ||
us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
-0.10 | ||
CY2024Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.12 | |
CY2023Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.00 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.18 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.06 | ||
CY2024Q2 | us-gaap |
Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
|
17621000 | usd |
CY2023Q2 | us-gaap |
Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
|
7523000 | usd |
us-gaap |
Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
|
26682000 | usd | |
us-gaap |
Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
|
3898000 | usd | |
CY2024Q2 | us-gaap |
Convertible Preferred Dividends Net Of Tax
ConvertiblePreferredDividendsNetOfTax
|
0 | usd |
CY2023Q2 | us-gaap |
Convertible Preferred Dividends Net Of Tax
ConvertiblePreferredDividendsNetOfTax
|
1728000 | usd |
us-gaap |
Convertible Preferred Dividends Net Of Tax
ConvertiblePreferredDividendsNetOfTax
|
0 | usd | |
us-gaap |
Convertible Preferred Dividends Net Of Tax
ConvertiblePreferredDividendsNetOfTax
|
3411000 | usd | |
CY2024Q2 | mdxg |
Preferred Stock Dividends Antidilutive Adjustments Net Of Tax
PreferredStockDividendsAntidilutiveAdjustmentsNetOfTax
|
0 | usd |
CY2023Q2 | mdxg |
Preferred Stock Dividends Antidilutive Adjustments Net Of Tax
PreferredStockDividendsAntidilutiveAdjustmentsNetOfTax
|
0 | usd |
mdxg |
Preferred Stock Dividends Antidilutive Adjustments Net Of Tax
PreferredStockDividendsAntidilutiveAdjustmentsNetOfTax
|
0 | usd | |
mdxg |
Preferred Stock Dividends Antidilutive Adjustments Net Of Tax
PreferredStockDividendsAntidilutiveAdjustmentsNetOfTax
|
3411000 | usd | |
CY2024Q2 | us-gaap |
Dilutive Securities
DilutiveSecurities
|
0 | usd |
CY2023Q2 | us-gaap |
Dilutive Securities
DilutiveSecurities
|
1728000 | usd |
us-gaap |
Dilutive Securities
DilutiveSecurities
|
0 | usd | |
us-gaap |
Dilutive Securities
DilutiveSecurities
|
0 | usd | |
CY2024Q2 | us-gaap |
Net Income Loss From Continuing Operations Available To Common Shareholders Diluted
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersDiluted
|
17621000 | usd |
CY2023Q2 | us-gaap |
Net Income Loss From Continuing Operations Available To Common Shareholders Diluted
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersDiluted
|
9251000 | usd |
us-gaap |
Net Income Loss From Continuing Operations Available To Common Shareholders Diluted
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersDiluted
|
26682000 | usd | |
us-gaap |
Net Income Loss From Continuing Operations Available To Common Shareholders Diluted
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersDiluted
|
3898000 | usd | |
CY2024Q2 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
|
4000 | usd |
CY2023Q2 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
|
-8051000 | usd |
us-gaap |
Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
|
204000 | usd | |
us-gaap |
Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
|
-11092000 | usd | |
CY2024Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
147326273 | shares |
CY2023Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
115866371 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
147033879 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
115136646 | shares | |
CY2024Q2 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
1571647 | shares |
CY2023Q2 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
30996553 | shares |
us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
2177133 | shares | |
us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
713208 | shares | |
CY2024Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
148897920 | shares |
CY2023Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
146862924 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
149211012 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
115849854 | shares | |
CY2024Q2 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
0.12 | |
CY2023Q2 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
0.06 | |
us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
0.18 | ||
us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
0.04 | ||
CY2024Q2 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
0.00 | |
CY2023Q2 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
-0.05 | |
us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
0.00 | ||
us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
-0.10 | ||
CY2024Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.12 | |
CY2023Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.01 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.18 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.06 | ||
CY2024Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.241 | |
CY2023Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
-0.008 | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.229 | ||
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
-0.003 | ||
us-gaap |
Interest Paid Net
InterestPaidNet
|
1853000 | usd | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
2960000 | usd | |
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
1979000 | usd | |
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
210000 | usd | |
mdxg |
Fair Value Of Shares Received In Litigation Settlement
FairValueOfSharesReceivedInLitigationSettlement
|
9300000 | usd | |
mdxg |
Fair Value Of Shares Received In Litigation Settlement
FairValueOfSharesReceivedInLitigationSettlement
|
0 | usd | |
mdxg |
Asset Acquisition Consideration Transferred Fair Value Of Minimum Contingent Consideration
AssetAcquisitionConsiderationTransferredFairValueOfMinimumContingentConsideration
|
2731000 | usd | |
mdxg |
Asset Acquisition Consideration Transferred Fair Value Of Minimum Contingent Consideration
AssetAcquisitionConsiderationTransferredFairValueOfMinimumContingentConsideration
|
0 | usd | |
us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
1820000 | usd | |
us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
0 | usd | |
us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
797000 | usd | |
us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
680000 | usd | |
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
0 | usd | |
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
252000 | usd | |
CY2024Q2 | us-gaap |
Business Combination Contingent Consideration Liability Current
BusinessCombinationContingentConsiderationLiabilityCurrent
|
2200000 | usd |
CY2024Q2 | us-gaap |
Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
|
300000 | usd |
us-gaap |
Payments For Legal Settlements
PaymentsForLegalSettlements
|
0 | usd | |
us-gaap |
Payments For Legal Settlements
PaymentsForLegalSettlements
|
200000 | usd | |
CY2024Q2 | mdxg |
Revenue From Contract With Customer Number Service Sites
RevenueFromContractWithCustomerNumberServiceSites
|
3 | service_site |
CY2024Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
87207000 | usd |
CY2023Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
81257000 | usd |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
171915000 | usd | |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
152933000 | usd | |
mdxg |
Contract With Customer Number Of Product Lines
ContractWithCustomerNumberOfProductLines
|
2 | product_line | |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
152933000 | usd | |
CY2024Q2 | ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | |
CY2024Q2 | ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false | |
CY2024Q2 | ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false | |
CY2024Q2 | ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false |