2019 Q2 Form 10-Q Financial Statement

#000119312519143616 Filed on May 10, 2019

View on sec.gov

Income Statement

Concept 2019 Q2 2019 Q1 2018 Q1
Revenue $64.95M $57.12M $35.53M
YoY Change 49.13% 60.78% -10.81%
Cost Of Revenue $19.45M $16.98M $14.52M
YoY Change 12.4% 16.93% 9.14%
Gross Profit $45.50M $40.14M $21.01M
YoY Change 73.33% 91.08% -20.82%
Gross Profit Margin 70.06% 70.27% 59.13%
Selling, General & Admin $48.96M $48.89M $38.17M
YoY Change 29.74% 28.11% 36.54%
% of Gross Profit 107.59% 121.8% 181.67%
Research & Development $3.864M $3.371M $2.824M
YoY Change 88.67% 19.37% 82.08%
% of Gross Profit 8.49% 8.4% 13.44%
Depreciation & Amortization $859.0K $902.0K $872.0K
YoY Change -1.83% 3.44%
% of Gross Profit 1.89% 2.25% 4.15%
Operating Expenses $52.82M $52.26M $40.99M
YoY Change 22.05% 27.51% 38.93%
Operating Profit -$7.319M -$12.12M -$19.98M
YoY Change -57.01% -39.34% 572.53%
Interest Expense $2.187M $1.778M $2.429M
YoY Change -21.36% -26.8% 52.58%
% of Operating Profit
Other Income/Expense, Net -$2.307M -$3.508M -$2.479M
YoY Change -22.01% 41.51% 72.51%
Pretax Income -$9.626M -$15.63M -$22.46M
YoY Change -51.83% -30.41% 409.53%
Income Tax $23.00K $37.00K $28.00K
% Of Pretax Income
Net Earnings -$9.649M -$15.67M -$22.49M
YoY Change -51.78% -30.34% -1088.48%
Net Earnings / Revenue -14.86% -27.43% -63.29%
Basic Earnings Per Share
Diluted Earnings Per Share -$106.0K -$173.3K -$10.31K
COMMON SHARES
Basic Shares Outstanding 91.32M 92.01M
Diluted Shares Outstanding

Balance Sheet

Concept 2019 Q2 2019 Q1 2018 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $20.00M $30.60M $100.0K
YoY Change 19900.0% 30500.0% -80.0%
Cash & Equivalents $20.16M $30.66M $918.0K
Short-Term Investments
Other Short-Term Assets $3.200M $4.000M $200.0K
YoY Change 3100.0% 1900.0% -50.0%
Inventory $18.72M $17.97M
Prepaid Expenses
Receivables $34.16M $32.51M
Other Receivables $0.00 $0.00
Total Short-Term Assets $76.15M $85.06M $300.0K
YoY Change 37973.0% 28254.0% -66.67%
LONG-TERM ASSETS
Property, Plant & Equipment $40.75M $39.45M
YoY Change
Goodwill $25.54M $25.54M
YoY Change
Intangibles $23.84M $24.59M
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.040M $1.072M $313.2M
YoY Change -99.67% -99.66% 1.03%
Total Long-Term Assets $91.93M $91.39M $313.5M
YoY Change -70.8% -70.85% 1.03%
TOTAL ASSETS
Total Short-Term Assets $76.15M $85.06M $300.0K
Total Long-Term Assets $91.93M $91.39M $313.5M
Total Assets $168.1M $176.5M $313.8M
YoY Change -46.64% -43.77% 0.84%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $22.28M $24.58M
YoY Change
Accrued Expenses $20.68M $20.40M $4.800M
YoY Change 282.94% 324.9% 4700.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $300.0K
YoY Change -100.0% -100.0%
Long-Term Debt Due $2.400M $2.300M
YoY Change
Total Short-Term Liabilities $50.40M $52.31M $5.100M
YoY Change 754.22% 925.63% 5000.0%
LONG-TERM LIABILITIES
Long-Term Debt $39.66M $39.64M $0.00
YoY Change
Other Long-Term Liabilities $6.220M $5.680M $10.90M
YoY Change -42.94% -47.89% 0.0%
Total Long-Term Liabilities $45.88M $45.32M $10.90M
YoY Change 320.94% 315.73% 0.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $50.40M $52.31M $5.100M
Total Long-Term Liabilities $45.88M $45.32M $10.90M
Total Liabilities $144.9M $143.9M $15.90M
YoY Change 767.52% 804.99% 44.55%
SHAREHOLDERS EQUITY
Retained Earnings -$155.2M -$145.6M
YoY Change
Common Stock $178.4M $178.1M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares $728.5K $728.5K
Shareholders Equity $23.20M $32.56M -$37.44M
YoY Change
Total Liabilities & Shareholders Equity $168.1M $176.5M $313.8M
YoY Change -46.64% -43.77% 0.84%

Cashflow Statement

Concept 2019 Q2 2019 Q1 2018 Q1
OPERATING ACTIVITIES
Net Income -$9.649M -$15.67M -$22.49M
YoY Change -51.78% -30.34% -1088.48%
Depreciation, Depletion And Amortization $859.0K $902.0K $872.0K
YoY Change -1.83% 3.44%
Cash From Operating Activities -$12.11M -$9.558M -$4.457M
YoY Change 5666.67% 114.45% 3328.46%
INVESTING ACTIVITIES
Capital Expenditures -$1.180M $317.0K $65.00K
YoY Change 387.69%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$1.180M -$317.0K -$65.00K
YoY Change 387.69%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 2.800M 19.13M 3.082M
YoY Change 1455.56% 520.8% -816.74%
NET CHANGE
Cash From Operating Activities -12.11M -9.558M -4.457M
Cash From Investing Activities -1.180M -317.0K -65.00K
Cash From Financing Activities 2.800M 19.13M 3.082M
Net Change In Cash -10.49M 9.258M -1.440M
YoY Change 34866.67% -742.92% 157.14%
FREE CASH FLOW
Cash From Operating Activities -$12.11M -$9.558M -$4.457M
Capital Expenditures -$1.180M $317.0K $65.00K
Free Cash Flow -$10.93M -$9.875M -$4.522M
YoY Change 118.38%

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CY2018Q1 us-gaap Amortization Of Intangible Assets
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CY2018Q1 us-gaap Operating Lease Expense
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CY2019Q1 orgo Inventory Reserve Charged To Cost Of Goods Sold
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CY2018Q1 orgo Inventory Reserve Charged To Cost Of Goods Sold
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CY2019Q1 us-gaap Inventory Valuation Reserves
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CY2019Q1 us-gaap Depreciation
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CY2018Q1 us-gaap Depreciation
Depreciation
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CY2019Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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CY2019Q1 us-gaap Amortization Of Intangible Assets
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StockholdersEquity
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CY2019Q1 us-gaap Stockholders Equity
StockholdersEquity
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CY2019Q1 us-gaap Use Of Estimates
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<div style="font-family: 'times new roman', 'serif';font-size: 10pt;margin-bottom: 0;margin-top: 18pt;text-indent: 0.79in;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;"><div style="font-weight:bold;display:inline;">Use of Estimates </div></div></div></div><div style="font-family: 'times new roman', 'serif';font-size: 10pt;margin-bottom: 0;margin-top: 6pt;text-indent: 0.79in;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">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 and disclosure of contingent assets and liabilities at the date of the financial statements and the reported results of operations during the reporting period. Actual results could differ from those estimates. </div></div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2019Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
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CY2019Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
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EmployeeRelatedLiabilitiesCurrent
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CY2018Q2 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
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CY2018Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0273
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SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
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CY2018Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.420
CY2018Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
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CY2018Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice
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CY2018Q1 orgo Fair Value Of Common Share
FairValueOfCommonShare
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CY2019Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
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CY2019Q1 us-gaap Debt Instrument Unamortized Discount Current
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CY2018 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
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CY2019Q1 orgo Number Of Shares Issues As Collateral For Secured Debt
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CY2019Q1 us-gaap Capital Leases Future Minimum Payments Present Value Of Net Minimum Payments
CapitalLeasesFutureMinimumPaymentsPresentValueOfNetMinimumPayments
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CY2019Q1 us-gaap Capital Lease Obligations Noncurrent
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CY2019Q1 us-gaap Land Subject To Ground Leases
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LongTermDebtNoncurrent
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CY2019Q1 us-gaap Notes Receivable Related Parties Noncurrent
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NotesReceivableRelatedPartiesNoncurrent
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CY2019Q1 orgo Accrued Interest Notes Receivable
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CY2018Q1 orgo Accrued Interest Notes Receivable
AccruedInterestNotesReceivable
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CY2019Q1 us-gaap Operating Leases Rent Expense Minimum Rentals
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CY2019Q1 us-gaap Lease And Rental Expense
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CY2018Q1 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
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CY2019Q1 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
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CY2019Q1 us-gaap Operating Leases Future Minimum Payments Due In Four And Five Years
OperatingLeasesFutureMinimumPaymentsDueInFourAndFiveYears
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CY2019Q1 us-gaap Capital Leases Future Minimum Payments Due Current
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CY2019Q1 us-gaap Capital Leases Future Minimum Payments Due In Two Years
CapitalLeasesFutureMinimumPaymentsDueInTwoYears
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CY2019Q1 us-gaap Capital Leases Future Minimum Payments Due In Three Years
CapitalLeasesFutureMinimumPaymentsDueInThreeYears
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CY2019Q1 us-gaap Capital Leases Future Minimum Payments Due In Four Years
CapitalLeasesFutureMinimumPaymentsDueInFourYears
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CY2019Q1 us-gaap Capital Leases Future Minimum Payments Net Minimum Payments1
CapitalLeasesFutureMinimumPaymentsNetMinimumPayments1
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CY2019Q1 us-gaap Capital Leases Future Minimum Payments Interest Included In Payments
CapitalLeasesFutureMinimumPaymentsInterestIncludedInPayments
8702000
CY2019Q1 orgo Capital Lease Amount Of Minimum Rental Payments Increase In Each Year In Five Year Option To Extend
CapitalLeaseAmountOfMinimumRentalPaymentsIncreaseInEachYearInFiveYearOptionToExtend
33000
CY2019Q1 us-gaap Security Deposit
SecurityDeposit
526000
CY2019Q1 us-gaap Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
263000
CY2019Q1 us-gaap New Accounting Pronouncement Or Change In Accounting Principle Effect Of Adoption Quantification
NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification
332000
CY2019Q1 us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
40000000
CY2019Q1 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
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CY2019Q1 us-gaap Stock Issued1
StockIssued1
628000
CY2018Q1 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
18000
CY2018Q1 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
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CY2019Q1 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
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CY2018Q4 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
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CY2019Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.17
CY2018Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.35
CY2019Q1 us-gaap Line Of Credit
LineOfCredit
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CY2018Q4 us-gaap Line Of Credit
LineOfCredit
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CY2019Q1 us-gaap Long Term Debt
LongTermDebt
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CY2019Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
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CY2018Q4 us-gaap Notes Payable
NotesPayable
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CY2018Q4 us-gaap Debt Instrument Unamortized Discount Noncurrent
DebtInstrumentUnamortizedDiscountNoncurrent
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CY2018Q4 us-gaap Notes Payable Current
NotesPayableCurrent
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CY2018Q4 us-gaap Long Term Notes Payable
LongTermNotesPayable
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CY2019Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
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CY2019Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
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CY2019Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
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CY2019Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
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CY2019Q1 us-gaap Long Term Debt
LongTermDebt
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CY2019Q1 us-gaap Revenues
Revenues
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CY2018Q1 us-gaap Revenues
Revenues
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CY2019Q1 us-gaap Line Of Credit Facility Covenant Terms
LineOfCreditFacilityCovenantTerms
Borrower&#8217;s achievement of trailing twelve month revenue of at least $221,250 and a trailing three month EBITDA (as defined in the New Credit Agreement) loss not in excess of $5,000;
CY2019Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
728548
CY2019Q1 us-gaap Debt Instrument Description Of Variable Rate Basis
DebtInstrumentDescriptionOfVariableRateBasis
interest rate equal to 3.75% above the Wall Street Journal Prime Rate
CY2019Q1 orgo Additional Payment In Aggregate Of The Principal Amount Percentage
AdditionalPaymentInAggregateOfThePrincipalAmountPercentage
0.0625
CY2019Q1 orgo Percentage Available For Revolving Commitments
PercentageAvailableForRevolvingCommitments
0.25
CY2019Q1 us-gaap Line Of Credit Facility Unused Capacity Commitment Fee Percentage
LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage
0.0025
CY2018Q4 orgo Redeemable Common Stock Liability
RedeemableCommonStockLiability
6762000
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
33976000
CY2019Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
33953000
CY2019Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
33178000
CY2019Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
28547000
CY2018Q1 orgo Increase Decrease In Accrued Interest Of Affiliate Debt
IncreaseDecreaseInAccruedInterestOfAffiliateDebt
-797000
CY2018Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-1440000
CY2018 us-gaap Debt Instrument Covenant Description
DebtInstrumentCovenantDescription
maintain Minimum Liquidity (as defined in the New Credit Agreement) equal to the greater of (i) 6 months Monthly Burn (as defined in the New Credit Agreement) and (ii) $10,000.
CY2019Q1 orgo Provision For Inventory Reserve
ProvisionForInventoryReserve
520000
CY2018Q1 orgo Provision For Inventory Reserve
ProvisionForInventoryReserve
1482000
CY2019Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-76000
CY2018Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-208000
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
-15666000
CY2018Q1 us-gaap Net Income Loss
NetIncomeLoss
-22488000
CY2019Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
5668574
CY2019Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
6976993
CY2019Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
1.54
CY2019Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
1.83
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms
P5Y10M20D
CY2019Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms
P5Y7M24D
CY2019Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y
CY2019Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P5Y6M10D
CY2019Q1 us-gaap Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
113000
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
30663000
CY2018Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
918000
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
21405000
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2358000
CY2019Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
92044587
CY2018Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
91261413
CY2019Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001661181
CY2019Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2019Q1 dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
CY2019Q1 dei Trading Symbol
TradingSymbol
ORGO
CY2019Q1 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
true
CY2019Q1 dei Entity Ex Transition Period
EntityExTransitionPeriod
false
CY2019Q1 dei Entity Small Business
EntitySmallBusiness
false
CY2019Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
91316039
CY2019Q1 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
0
CY2019Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
0
CY2019Q1 orgo Redemption Of Redeemable Common Stock
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-6762000
CY2019Q1 us-gaap Prior Period Reclassification Adjustment Description
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<div style="margin: 0.25in 0in 0.0001pt; font-family: &quot;times new roman&quot;, serif; font-size: 10pt; text-indent: 0.79in;"><div style="font-weight:bold;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Reclassification of Prior Period Balances</div></div><div style="background: none;;font-weight:bold;display:inline;"> </div></div><div style="margin: 6pt 0in 0.0001pt; text-indent: 0.79in; font-family: &quot;times new roman&quot;, serif; font-size: 10pt;">Reclassifications have been made to prior period amounts to conform to the current-year presentation of the reporting of deferred interest and principal on outstanding capital lease obligations and deferred tenant escalations as long-term liabilities on the consolidated balance sheets. The deferred interest and tenant escalation amounts were previously reported as accrued expenses on the consolidated balance sheets and the deferred principal on the capital lease obligations were recorded as part of the current portion of capital lease obligations on the consolidated balance sheet. These reclassifications have no effect on the reported net loss or net equity for the years ended March&#160;31, 2019 and December&#160;31, 2018.</div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2019Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
4923000
CY2018Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
5170000
CY2019Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
24938461
CY2018Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
9555490
CY2019Q1 us-gaap Capital Leases Future Minimum Payments Due Thereafter
CapitalLeasesFutureMinimumPaymentsDueThereafter
9563000
CY2019Q1 us-gaap Accrued Rent Current And Noncurrent
AccruedRentCurrentAndNoncurrent
5579000
CY2018Q4 us-gaap Accrued Rent Current And Noncurrent
AccruedRentCurrentAndNoncurrent
5265000
CY2019Q1 us-gaap Other Liabilities
OtherLiabilities
773000
CY2018Q4 us-gaap Other Liabilities
OtherLiabilities
854000
CY2019Q1 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
52000
CY2019Q1 us-gaap Deferred Rent Credit
DeferredRentCredit
52000
CY2019Q1 dei Document Type
DocumentType
10-Q
CY2019Q1 dei Amendment Flag
AmendmentFlag
false
CY2019Q1 dei Document Period End Date
DocumentPeriodEndDate
2019-03-31
CY2019Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2019
CY2019Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2019Q1 dei Entity Registrant Name
EntityRegistrantName
Organogenesis Holdings Inc.

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