2023 Q3 Form 10-Q Financial Statement

#000095017023040670 Filed on August 09, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q2 2022 Q2
Revenue $108.5M $117.3M $121.4M
YoY Change -7.13% -3.36% -1.46%
Cost Of Revenue $25.79M $26.32M $26.65M
YoY Change -1.48% -1.26% -10.98%
Gross Profit $82.74M $91.00M $94.75M
YoY Change -8.76% -3.96% 1.6%
Gross Profit Margin 76.24% 77.57% 78.05%
Selling, General & Admin $64.22M $70.32M $72.61M
YoY Change -19.04% -3.16% 16.46%
% of Gross Profit 77.62% 77.27% 76.63%
Research & Development $10.47M $10.94M $10.21M
YoY Change 9.35% 7.18% 39.41%
% of Gross Profit 12.65% 12.02% 10.77%
Depreciation & Amortization $2.544M $2.228M $2.749M
YoY Change 74.73% -18.95% 19.06%
% of Gross Profit 3.07% 2.45% 2.9%
Operating Expenses $74.69M $81.26M $82.81M
YoY Change -15.98% -1.88% 18.87%
Operating Profit $8.050M $9.745M $11.94M
YoY Change 352.5% -18.35% -49.4%
Interest Expense $444.0K $594.0K -$730.0K
YoY Change -22.38% -181.37% -69.97%
% of Operating Profit 5.52% 6.1% -6.12%
Other Income/Expense, Net -$413.0K -$566.0K -$21.00K
YoY Change -27.16% 2595.24% -216.67%
Pretax Income $7.637M $9.179M $11.18M
YoY Change 530.12% -17.93% -47.18%
Income Tax $4.470M $3.863M $2.440M
% Of Pretax Income 58.53% 42.09% 21.82%
Net Earnings $3.167M $5.316M $8.744M
YoY Change 1373.02% -39.2% -57.73%
Net Earnings / Revenue 2.92% 4.53% 7.2%
Basic Earnings Per Share $0.02 $0.04 $0.07
Diluted Earnings Per Share $0.02 $0.04 $65.94K
COMMON SHARES
Basic Shares Outstanding 131.3M 131.3M 129.6M
Diluted Shares Outstanding 133.4M 133.1M 132.6M

Balance Sheet

Concept 2023 Q3 2023 Q2 2022 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $98.20M $88.92M $112.3M
YoY Change -8.44% -20.81% 25.05%
Cash & Equivalents $98.23M $88.92M $112.9M
Short-Term Investments
Other Short-Term Assets $10.20M $8.539M $7.205M
YoY Change 86.2% 18.51% 1.48%
Inventory $27.91M $25.36M $23.24M
Prepaid Expenses $9.567M $7.948M
Receivables $89.28M $93.62M $88.82M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $225.6M $216.4M $231.5M
YoY Change -2.15% -6.52% 14.76%
LONG-TERM ASSETS
Property, Plant & Equipment $117.5M $111.8M $139.2M
YoY Change 21.12% -19.64% 44.54%
Goodwill $28.77M $28.77M
YoY Change 0.0%
Intangibles $17.10M $18.33M
YoY Change -22.3%
Long-Term Investments
YoY Change
Other Assets $1.321M $1.393M $33.66M
YoY Change -16.87% -95.86% 5302.73%
Total Long-Term Assets $237.1M $233.9M $224.8M
YoY Change 4.55% 4.03% 46.17%
TOTAL ASSETS
Total Short-Term Assets $225.6M $216.4M $231.5M
Total Long-Term Assets $237.1M $233.9M $224.8M
Total Assets $462.6M $450.3M $456.4M
YoY Change 1.18% -1.32% 28.35%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $26.78M $27.39M $36.37M
YoY Change -29.43% -24.7% 35.78%
Accrued Expenses $34.99M $27.78M $48.26M
YoY Change 2.43% -42.43% 55.07%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $6.700M $5.689M $3.596M
YoY Change 33.89% 58.2% -86.5%
Total Short-Term Liabilities $81.48M $73.46M $88.23M
YoY Change -8.73% -16.75% 4.36%
LONG-TERM LIABILITIES
Long-Term Debt $64.30M $63.89M $68.97M
YoY Change -4.88% -7.36% 21.33%
Other Long-Term Liabilities $1.191M $1.190M $44.77M
YoY Change 9.27% -97.34% 27.0%
Total Long-Term Liabilities $1.191M $1.190M $113.7M
YoY Change 9.27% -98.95% 23.5%
TOTAL LIABILITIES
Total Short-Term Liabilities $81.48M $73.46M $88.23M
Total Long-Term Liabilities $1.191M $1.190M $113.7M
Total Liabilities $185.8M $179.0M $202.0M
YoY Change -7.55% -11.36% 14.34%
SHAREHOLDERS EQUITY
Retained Earnings -$40.40M -$43.57M
YoY Change -23.46%
Common Stock $317.3M $314.9M
YoY Change 2.64%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $276.9M $271.3M $254.4M
YoY Change
Total Liabilities & Shareholders Equity $462.6M $450.3M $456.4M
YoY Change 1.18% -1.32% 28.35%

Cashflow Statement

Concept 2023 Q3 2023 Q2 2022 Q2
OPERATING ACTIVITIES
Net Income $3.167M $5.316M $8.744M
YoY Change 1373.02% -39.2% -57.73%
Depreciation, Depletion And Amortization $2.544M $2.228M $2.749M
YoY Change 74.73% -18.95% 19.06%
Cash From Operating Activities $16.73M $8.646M $10.20M
YoY Change 206.8% -15.19% -42.27%
INVESTING ACTIVITIES
Capital Expenditures $5.980M $7.499M -$6.168M
YoY Change -157.49% -221.58% 42.45%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$5.980M -$7.499M -$6.168M
YoY Change -42.51% 21.58% 36.76%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $1.751M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.440M -1.054M 415.0K
YoY Change -5638.46% -353.98% -151.94%
NET CHANGE
Cash From Operating Activities 16.73M 8.646M 10.20M
Cash From Investing Activities -5.980M -7.499M -6.168M
Cash From Financing Activities -1.440M -1.054M 415.0K
Net Change In Cash 9.310M 93.00K 4.442M
YoY Change -289.11% -97.91% -64.04%
FREE CASH FLOW
Cash From Operating Activities $16.73M $8.646M $10.20M
Capital Expenditures $5.980M $7.499M -$6.168M
Free Cash Flow $10.75M $1.147M $16.36M
YoY Change -32.2% -92.99% -25.59%

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StockholdersEquity
254385000
us-gaap Profit Loss
ProfitLoss
2347000
us-gaap Profit Loss
ProfitLoss
7831000
us-gaap Depreciation
Depreciation
4922000
us-gaap Depreciation
Depreciation
2875000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2459000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2442000
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
3893000
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
3649000
orgo Non Cash Interest Expense
NonCashInterestExpense
215000
orgo Non Cash Interest Expense
NonCashInterestExpense
217000
orgo Deferred Interest Expense
DeferredInterestExpense
245000
orgo Deferred Interest Expense
DeferredInterestExpense
291000
us-gaap Provision For Other Credit Losses
ProvisionForOtherCreditLosses
190000
us-gaap Provision For Other Credit Losses
ProvisionForOtherCreditLosses
122000
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-65000
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-196000
orgo Adjustment For Excess And Obsolete Inventories
AdjustmentForExcessAndObsoleteInventories
-3464000
orgo Adjustment For Excess And Obsolete Inventories
AdjustmentForExcessAndObsoleteInventories
-5228000
us-gaap Share Based Compensation
ShareBasedCompensation
4213000
us-gaap Share Based Compensation
ShareBasedCompensation
2995000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
4970000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
6485000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
4045000
us-gaap Revenues
Revenues
224958000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
3441000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
2874000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1839000
orgo Increase Decrease In Amortization Of Lease Liabilities
IncreaseDecreaseInAmortizationOfLeaseLiabilities
4178000
orgo Increase Decrease In Amortization Of Lease Liabilities
IncreaseDecreaseInAmortizationOfLeaseLiabilities
3472000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-3535000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
2671000
orgo Increase Decrease In Accrued Liabilities And Other Current Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherCurrentLiabilities
1091000
orgo Increase Decrease In Accrued Liabilities And Other Current Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherCurrentLiabilities
-1697000
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
67000
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
23000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
3569000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
11606000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
15061000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
12840000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-15061000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-12840000
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
1875000
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
938000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
332000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
646000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
2042000
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
83000
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
200000
orgo Payments Of Deferred Acquisition Consideration
PaymentsOfDeferredAcquisitionConsideration
608000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-2290000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-350000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-13782000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-1584000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
103290000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
114528000
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
89508000
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
112944000
us-gaap Interest Paid Net
InterestPaidNet
2608000
us-gaap Interest Paid Net
InterestPaidNet
1041000
us-gaap Income Taxes Paid
IncomeTaxesPaid
3022000
us-gaap Income Taxes Paid
IncomeTaxesPaid
974000
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1882000
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
6546000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
4253000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
364000
orgo Shares Issued For Deferred Acquisition Consideration
SharesIssuedForDeferredAcquisitionConsideration
828000
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1
CY2023Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-43569000
CY2023Q2 orgo Working Capital
WorkingCapital
142980000
CY2023Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
88917000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
122000
CY2023Q2 orgo Allowance For Doubtful Accounts Receivable Write Offs1
AllowanceForDoubtfulAccountsReceivableWriteOffs1
-217000
us-gaap Net Income Loss
NetIncomeLoss
2347000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
3569000
us-gaap Use Of Estimates
UseOfEstimates
<p style="margin-left:4.533%;text-indent:0.0%;font-size:10.0pt;margin-top:18.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;font-style:italic;min-width:fit-content;">Use of Estimates</span><span style="color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;font-style:italic;min-width:fit-content;"> </span></p><p style="text-indent:4.533%;font-size:10.0pt;margin-top:6.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported results of operations during the reporting periods. In preparing the condensed consolidated financial statements, the estimates and assumptions that management consider to be significant and that present the greatest amount of uncertainty include: revenue recognition; sales returns and credit losses; inventory reserve; recognition and measurement of current and deferred income tax assets and liabilities; the assessment of recoverability of long-lived and indefinite lived assets (including intangible assets); assessing impairment of goodwill; and</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> the valuation and recognition of stock-based compensation. Actual results and outcomes may differ significantly from those estimates and assumptions.</span><span style="color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> </span></p>
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="margin-left:4.533%;text-indent:0.0%;font-size:10.0pt;margin-top:18.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;font-style:italic;min-width:fit-content;">Concentration of Credit Risk</span></p><p style="text-indent:4.533%;font-size:10.0pt;margin-top:6.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">Financial instruments that potentially subject the Company to concentration of credit risk consist of cash and cash equivalents. The Company invests its cash equivalents in highly rated money market funds. Deposits may exceed federally insured limits, and the Company is exposed to credit risk on deposits in the event of default by the financial institutions to the extent account balances exceed the amount insured by the Federal Deposit Insurance Corporation (“FDIC”). However, the Company mitigates the risk by sweeping cash daily overnight and diversifies among financial institutions to reduce such exposure.</span></p>
CY2020Q3 us-gaap Business Combination Contingent Consideration Liability Noncurrent
BusinessCombinationContingentConsiderationLiabilityNoncurrent
3782000
CY2022Q2 us-gaap Business Combination Contingent Consideration Liability Noncurrent
BusinessCombinationContingentConsiderationLiabilityNoncurrent
0
CY2023Q2 orgo Group Purchase Organization Rebate
GroupPurchaseOrganizationRebate
1466000
CY2022Q2 orgo Group Purchase Organization Rebate
GroupPurchaseOrganizationRebate
2334000
orgo Group Purchase Organization Rebate
GroupPurchaseOrganizationRebate
2890000
orgo Group Purchase Organization Rebate
GroupPurchaseOrganizationRebate
3953000
CY2023Q2 us-gaap Revenues
Revenues
117316000
CY2022Q2 us-gaap Revenues
Revenues
121401000
us-gaap Revenues
Revenues
224958000
us-gaap Revenues
Revenues
218518000
CY2020Q3 us-gaap Business Combination Contingent Consideration Liability Noncurrent
BusinessCombinationContingentConsiderationLiabilityNoncurrent
3782000
CY2021Q3 us-gaap Business Combination Contingent Consideration Liability Noncurrent
BusinessCombinationContingentConsiderationLiabilityNoncurrent
0
CY2023Q2 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
100266000
CY2022Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
95812000
CY2023Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
6651000
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
6362000
CY2023Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
93615000
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
89450000
CY2023Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
6921000
CY2022Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
5127000
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
6362000
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
5153000
CY2023Q2 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-53000
CY2022Q2 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
82000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
190000
CY2022Q2 orgo Allowance For Doubtful Accounts Receivable Write Offs1
AllowanceForDoubtfulAccountsReceivableWriteOffs1
-187000
orgo Allowance For Doubtful Accounts Receivable Write Offs1
AllowanceForDoubtfulAccountsReceivableWriteOffs1
-516000
orgo Allowance For Doubtful Accounts Receivable Write Offs1
AllowanceForDoubtfulAccountsReceivableWriteOffs1
-253000
CY2023Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
6651000
CY2022Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
5022000
CY2023Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
6651000
CY2022Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
5022000
CY2023Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
13274000
CY2022Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
12282000
CY2023Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
1717000
CY2022Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
1022000
CY2023Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
10373000
CY2022Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
11479000
CY2023Q2 us-gaap Inventory Net
InventoryNet
25364000
CY2022Q4 us-gaap Inventory Net
InventoryNet
24783000
CY2023Q2 orgo Inventory Reserve And Obsolence Charged To Cost Of Goods Sold
InventoryReserveAndObsolenceChargedToCostOfGoodsSold
2057000
CY2022Q2 orgo Inventory Reserve And Obsolence Charged To Cost Of Goods Sold
InventoryReserveAndObsolenceChargedToCostOfGoodsSold
3023000
orgo Inventory Reserve And Obsolence Charged To Cost Of Goods Sold
InventoryReserveAndObsolenceChargedToCostOfGoodsSold
3464000
orgo Inventory Reserve And Obsolence Charged To Cost Of Goods Sold
InventoryReserveAndObsolenceChargedToCostOfGoodsSold
5228000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2459000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2442000
CY2023Q2 orgo Prepaid Subscription
PrepaidSubscription
4389000
CY2022Q4 orgo Prepaid Subscription
PrepaidSubscription
4211000
CY2023Q2 us-gaap Prepaid Advertising
PrepaidAdvertising
489000
CY2022Q4 us-gaap Prepaid Advertising
PrepaidAdvertising
106000
CY2023Q2 orgo Prepaid Deposits
PrepaidDeposits
1157000
CY2022Q4 orgo Prepaid Deposits
PrepaidDeposits
635000
CY2023Q2 us-gaap Prepaid Insurance
PrepaidInsurance
1862000
CY2022Q4 us-gaap Prepaid Insurance
PrepaidInsurance
54000
CY2023Q2 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
51000
CY2022Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
80000
CY2023Q2 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
7948000
CY2022Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
5086000
CY2023Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
118941000
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
99697000
CY2023Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
67717000
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
62798000
CY2023Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
111825000
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
102463000
CY2023Q2 us-gaap Depreciation
Depreciation
2228000
CY2022Q2 us-gaap Depreciation
Depreciation
1528000
us-gaap Depreciation
Depreciation
4922000
us-gaap Depreciation
Depreciation
2875000
CY2023Q2 us-gaap Goodwill
Goodwill
28772000
CY2022Q4 us-gaap Goodwill
Goodwill
28772000
CY2023Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
58523000
CY2023Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
40193000
CY2023Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
18330000
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
58523000
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
37734000
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
20789000
CY2023Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1229000
CY2022Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1221000
CY2023Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
19466000
CY2022Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
17113000
CY2023Q2 us-gaap Accrued Royalties Current
AccruedRoyaltiesCurrent
3210000
CY2022Q4 us-gaap Accrued Royalties Current
AccruedRoyaltiesCurrent
3320000
CY2023Q2 orgo Accrued Interest On Accrued But Unpaid Lease Obligations
AccruedInterestOnAccruedButUnpaidLeaseObligations
2082000
CY2022Q4 orgo Accrued Interest On Accrued But Unpaid Lease Obligations
AccruedInterestOnAccruedButUnpaidLeaseObligations
2463000
CY2023Q2 us-gaap Taxes Payable Current
TaxesPayableCurrent
1696000
CY2022Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
2625000
CY2023Q2 orgo Accrued Litigation Current
AccruedLitigationCurrent
564000
CY2022Q4 orgo Accrued Litigation Current
AccruedLitigationCurrent
150000
CY2023Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
766000
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
776000
CY2023Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
27784000
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
26447000
CY2023Q1 orgo Number Of Reduction In Employees
NumberOfReductionInEmployees
71
CY2023Q1 orgo Percentage Of Reduction In Employees
PercentageOfReductionInEmployees
0.07
us-gaap Severance Costs1
SeveranceCosts1
1609000
CY2023Q2 us-gaap Restructuring Reserve Accrual Adjustment1
RestructuringReserveAccrualAdjustment1
-126000
CY2022Q2 us-gaap Restructuring Charges
RestructuringCharges
643000
us-gaap Restructuring Charges
RestructuringCharges
1782000
us-gaap Restructuring Charges
RestructuringCharges
907000
CY2023Q2 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
298000
CY2022Q4 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
1192000
CY2022Q4 us-gaap Restructuring Reserve
RestructuringReserve
1192000
us-gaap Restructuring Charges
RestructuringCharges
1782000
us-gaap Payments For Restructuring
PaymentsForRestructuring
2676000
CY2023Q2 us-gaap Restructuring Reserve
RestructuringReserve
298000
CY2021Q4 us-gaap Restructuring Reserve
RestructuringReserve
3168000
us-gaap Restructuring Charges
RestructuringCharges
907000
us-gaap Payments For Restructuring
PaymentsForRestructuring
3414000
CY2022Q2 us-gaap Restructuring Reserve
RestructuringReserve
661000
CY2023Q2 us-gaap Line Of Credit
LineOfCredit
0
CY2022Q4 us-gaap Line Of Credit
LineOfCredit
0
CY2023Q2 us-gaap Secured Debt
SecuredDebt
69375000
CY2022Q4 us-gaap Secured Debt
SecuredDebt
71250000
CY2023Q2 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
406000
CY2022Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
481000
CY2023Q2 orgo Secured Debt Net
SecuredDebtNet
68969000
CY2022Q4 orgo Secured Debt Net
SecuredDebtNet
70769000
CY2023Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
2812000
CY2023Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
5625000
CY2023Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
6563000
CY2023Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
54375000
CY2023Q2 us-gaap Long Term Debt
LongTermDebt
69375000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.51
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.5066
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice
2.51
CY2023Q2 orgo Shares Reserved For Issuance For Outstanding Options
SharesReservedForIssuanceForOutstandingOptions
9422495
CY2022Q4 orgo Shares Reserved For Issuance For Outstanding Options
SharesReservedForIssuanceForOutstandingOptions
5931742
CY2023Q2 orgo Sharesreservedforissuanceforoutstandingrestrictedstockunits
Sharesreservedforissuanceforoutstandingrestrictedstockunits
3989750
CY2022Q4 orgo Sharesreservedforissuanceforoutstandingrestrictedstockunits
Sharesreservedforissuanceforoutstandingrestrictedstockunits
1381500
CY2023Q2 orgo Shares Reserved For Issuance For Future Grant
SharesReservedForIssuanceForFutureGrant
4889579
CY2022Q4 orgo Shares Reserved For Issuance For Future Grant
SharesReservedForIssuanceForFutureGrant
11394962
CY2023Q2 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
18301824
CY2022Q4 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
18708204
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
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us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
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