Financial Snapshot

Revenue
$113.9M
TTM
Gross Margin
60.87%
TTM
Net Earnings
-$17.59M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
212.09%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$45.73M
Q3 2024
Cash
Q3 2024
P/E
-3.174
Nov 29, 2024 EST
Free Cash Flow
-$17.33M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
Revenue $91.30M $57.97M $55.26M $53.34M $64.68M $72.20M $82.61M $90.00M $59.35M $35.33M $33.07M $32.98M $30.15M $15.42M $300.0K $460.0K $200.0K
YoY Change 57.5% 4.9% 3.61% -17.54% -10.42% -12.6% -8.21% 51.66% 67.97% 6.83% 0.28% 9.39% 95.53% 5040.0% -34.78% 130.0%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
Revenue $91.30M $57.97M $55.26M $53.34M $64.68M $72.20M $82.61M $90.00M $59.35M $35.33M $33.07M $32.98M $30.15M $15.42M $300.0K $460.0K $200.0K
Cost Of Revenue $35.84M $25.83M $22.77M $18.95M $22.17M $28.72M $32.51M $27.71M $20.26M $13.03M $14.19M $10.34M $9.110M $3.360M $210.0K $390.0K $130.0K
Gross Profit $55.47M $32.14M $32.49M $34.39M $42.52M $43.49M $50.10M $62.29M $39.08M $22.30M $18.89M $22.64M $21.04M $12.05M $80.00K $70.00K $70.00K
Gross Profit Margin 60.75% 55.44% 58.79% 64.48% 65.73% 60.23% 60.65% 69.21% 65.86% 63.11% 57.11% 68.66% 69.78% 78.15% 26.67% 15.22% 35.0%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
Selling, General & Admin $64.29M $37.98M $35.47M $34.49M $43.78M $45.06M $55.84M $59.82M $41.72M $25.80M $26.22M $26.75M $26.74M $19.00M $70.00K $90.00K $60.00K
YoY Change 69.28% 7.06% 2.86% -21.23% -2.84% -19.31% -6.65% 43.37% 61.72% -1.61% -1.98% 0.05% 40.74% 27042.86% -22.22% 50.0%
% of Gross Profit 115.9% 118.17% 109.18% 100.27% 102.97% 103.62% 111.46% 96.03% 106.76% 115.71% 138.83% 118.15% 127.09% 157.68% 87.5% 128.57% 85.71%
Research & Development $1.336M $915.0K $870.0K $657.0K $932.0K $1.702M $2.441M $3.411M $2.546M $1.443M $572.4K
YoY Change 46.01% 5.17% 32.42% -29.51% -45.24% -30.28% -28.43% 33.94% 76.46% 152.12%
% of Gross Profit 2.41% 2.85% 2.68% 1.91% 2.19% 3.91% 4.87% 5.48% 6.52% 6.47% 3.03%
Depreciation & Amortization $3.174M $1.292M $1.332M $2.079M $3.143M $6.590M $900.0K $7.242M $4.889M $952.3K $753.5K $782.9K $760.0K $680.0K
YoY Change 145.67% -3.0% -35.93% -33.85% -52.31% 632.22% -87.57% 48.12% 413.41% 26.38% -3.75% 3.01% 11.76%
% of Gross Profit 5.72% 4.02% 4.1% 6.05% 7.39% 15.15% 1.8% 11.63% 12.51% 4.27% 3.99% 3.46% 3.61% 5.64%
Operating Expenses $65.63M $38.89M $36.34M $35.14M $44.77M $50.88M $63.77M $69.84M $51.16M $28.56M $27.90M $27.59M $27.49M $20.67M $80.00K $90.00K $60.00K
YoY Change 68.74% 7.01% 3.42% -21.5% -12.01% -20.21% -8.69% 36.51% 79.12% 2.39% 1.12% 0.35% 32.99% 25737.5% -11.11% 50.0%
Operating Profit -$10.16M -$6.755M -$3.854M -$751.0K -$2.253M -$7.394M -$13.67M -$7.545M -$12.08M -$6.265M -$9.008M -$4.945M -$6.450M -$8.620M $0.00 -$20.00K $10.00K
YoY Change 50.38% 75.27% 413.18% -66.67% -69.53% -45.9% 81.14% -37.53% 92.8% -30.45% 82.17% -23.34% -25.17% -59236188946432010000.0% -100.0% -300.0%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
Interest Expense -$2.524M $1.692M -$995.0K -$5.976M -$5.769M -$10.02M -$14.50M $12.26M $7.734M $5.660M $4.653M $1.865M $5.220M -$10.85M
YoY Change -249.17% -270.05% -83.35% 3.59% -42.45% -30.88% -218.26% 58.56% 36.63% 21.64% 149.52% -64.27% -148.11%
% of Operating Profit
Other Income/Expense, Net -$49.00K -$1.661M -$995.0K -$101.0K $3.000K -$74.71K -$11.90M -$7.634M -$4.243M -$3.686M -$2.769M -$1.770M $0.00
YoY Change -97.05% 66.93% -3466.67% -104.02% -99.37% 55.86% 79.91% 15.13% 33.09% 56.46%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
Pretax Income -$1.037M -$8.416M -$4.849M -$6.727M -$8.123M -$70.10M -$52.41M -$19.44M -$19.71M -$10.51M -$12.69M -$7.714M -$3.010M -$19.47M $10.00K -$20.00K $10.00K
YoY Change -87.68% 73.56% -27.92% -17.19% -88.41% 33.75% 169.56% -1.36% 87.59% -17.22% 64.55% 156.27% -84.54% -194800.0% -150.0% -300.0%
Income Tax -$1.697M $69.00K $296.0K $98.00K $0.00 $0.00 $50.36K -$17.54M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
% Of Pretax Income 0.0% 0.0%
Net Earnings $660.0K -$8.485M -$4.849M -$7.023M -$8.221M -$70.10M -$52.41M -$19.49M -$2.174M -$10.51M -$12.69M -$7.714M -$3.010M -$19.47M $10.00K -$20.00K $10.00K
YoY Change -107.78% 74.98% -30.96% -14.57% -88.27% 33.75% 168.86% 796.49% -79.31% -17.22% 64.55% 156.27% -84.54% -194800.0% -150.0% -300.0%
Net Earnings / Revenue 0.72% -14.64% -8.77% -13.17% -12.71% -97.09% -63.44% -21.66% -3.66% -29.74% -38.38% -23.39% -9.98% -126.26% 3.33% -4.35% 5.0%
Basic Earnings Per Share $0.01 -$0.09 -$0.06 -$1.54 -$0.24 -$1.76 -$2.80 -$0.18
Diluted Earnings Per Share $0.01 -$0.09 -$56.74K -$246.4K -$624.5K -$5.971M -$34.76M -$1.54 -$0.24 -$1.76 -$2.80 -$0.18 -$9.406M -$72.11M $250.0K -$500.0K $250.0K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
Cash & Short-Term Investments $5.715M $20.30M $18.24M $2.341M $5.237M $6.797M $2.856M $2.578M $6.368M $4.468M $3.000M $4.900M $800.0K $300.0K $100.0K $0.00 $0.00
YoY Change -71.84% 11.26% 679.28% -55.3% -22.95% 137.99% 10.77% -59.51% 42.52% 48.94% -38.78% 512.5% 166.67% 200.0%
Cash & Equivalents $5.715M $20.30M $18.24M $2.341M $5.237M $6.797M $2.856M $2.578M $6.368M $4.468M $3.000M $4.900M $800.0K $300.0K $100.0K $0.00 $0.00
Short-Term Investments
Other Short-Term Assets $1.538M $882.0K $988.0K $736.0K $784.0K $589.0K $1.706M $1.150M $601.7K $654.1K $600.0K $400.0K $300.0K $600.0K $0.00 $0.00 $0.00
YoY Change 74.38% -10.73% 34.24% -6.12% 33.11% -65.47% 48.4% 91.06% -8.02% 9.02% 50.0% 33.33% -50.0%
Inventory $36.89M $17.29M $17.95M $21.41M $16.10M $17.30M $22.42M $26.27M $22.68M $9.559M $10.80M $13.10M $8.500M $5.400M $5.000M $0.00 $0.00
Prepaid Expenses
Receivables $20.73M $10.85M $7.154M $6.880M $10.12M $9.990M $12.71M $18.99M $15.39M $4.427M $4.800M $7.200M $7.100M $4.100M $1.600M $100.0K $0.00
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $64.87M $49.32M $44.33M $31.37M $32.25M $34.68M $39.70M $48.99M $45.04M $19.11M $19.20M $25.60M $16.60M $10.50M $6.700M $100.0K $100.0K
YoY Change 31.53% 11.25% 41.34% -2.73% -7.01% -12.65% -18.96% 8.76% 135.71% -0.48% -25.0% 54.22% 58.1% 56.72% 6600.0% 0.0%
Property, Plant & Equipment $10.22M $7.165M $6.470M $6.037M $6.795M $7.174M $9.913M $15.84M $11.82M $4.655M $5.200M $5.200M $3.800M $3.400M $3.200M
YoY Change 42.57% 10.74% 7.17% -11.16% -5.28% -27.63% -37.42% 34.05% 153.87% -10.49% 0.0% 36.84% 11.76% 6.25%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $141.0K $197.0K $287.0K $402.0K $394.0K $793.0K $732.0K $1.799M $2.399M $3.533M $3.900M $2.400M $1.400M $1.500M $0.00
YoY Change -28.43% -31.36% -28.61% 2.03% -50.32% 8.33% -59.32% -25.01% -32.09% -9.42% 62.5% 71.43% -6.67%
Total Long-Term Assets $27.74M $10.91M $10.36M $10.10M $10.91M $11.75M $66.01M $95.12M $95.99M $8.843M $9.700M $8.900M $6.600M $5.300M $3.800M $0.00 $0.00
YoY Change 154.27% 5.3% 2.58% -7.41% -7.12% -82.21% -30.6% -0.91% 985.49% -8.84% 8.99% 34.85% 24.53% 39.47%
Total Assets $92.61M $60.23M $54.69M $41.47M $43.16M $46.42M $105.7M $144.1M $141.0M $27.95M $28.90M $34.50M $23.20M $15.80M $10.50M $100.0K $100.0K
YoY Change
Accounts Payable $7.054M $3.490M $2.615M $2.289M $2.188M $6.465M $9.476M $11.11M $10.79M $4.127M $3.400M $4.400M $3.200M $2.800M $1.400M $100.0K $0.00
YoY Change 102.12% 33.46% 14.24% 4.62% -66.16% -31.78% -14.73% 2.96% 161.5% 21.39% -22.73% 37.5% 14.29% 100.0% 1300.0%
Accrued Expenses $11.25M $5.954M $4.811M $6.543M $7.019M $5.150M $15.85M $8.982M $9.596M $1.921M $3.600M $2.400M $3.800M $1.400M $500.0K $0.00 $0.00
YoY Change 88.93% 23.76% -26.47% -6.78% 36.29% -67.5% 76.4% -6.4% 399.45% -46.63% 50.0% -36.84% 171.43% 180.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $10.45M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $2.100M $0.00 $0.00
YoY Change -100.0% -100.0%
Long-Term Debt Due $4.687M $5.774M $3.651M $16.82M $176.0K $426.0K $366.0K $244.9K $35.14K $1.113M $1.100M $900.0K $1.700M $300.0K $1.300M
YoY Change -18.83% 58.15% -78.29% 9455.11% -58.69% 16.39% 49.48% 596.78% -96.84% 1.22% 22.22% -47.06% 466.67% -76.92%
Total Short-Term Liabilities $22.99M $15.22M $11.08M $25.65M $9.390M $12.05M $25.82M $31.12M $21.47M $8.482M $9.700M $8.700M $10.90M $14.20M $5.400M $100.0K $0.00
YoY Change 51.07% 37.38% -56.81% 173.15% -22.08% -53.32% -17.04% 44.92% 153.17% -12.55% 11.49% -20.18% -23.24% 162.96% 5300.0%
Long-Term Debt $17.28M $9.868M $11.89M $0.00 $76.24M $78.14M $138.6M $120.1M $110.7M $20.88M $16.50M $14.70M $6.700M $2.200M $400.0K $0.00 $0.00
YoY Change 75.14% -17.01% -100.0% -2.43% -43.61% 15.44% 8.47% 430.0% 26.56% 12.24% 119.4% 204.55% 450.0%
Other Long-Term Liabilities $969.0K $972.0K $842.0K $1.303M $1.726M $0.00 $6.600M $6.800M
YoY Change -0.31% 15.44% -35.38% -24.51% -100.0% -2.94%
Total Long-Term Liabilities $18.25M $10.84M $12.73M $1.303M $77.97M $78.14M $138.6M $120.1M $110.7M $20.88M $23.10M $21.50M $6.700M $2.200M $400.0K $0.00 $0.00
YoY Change 68.38% -14.86% 877.13% -98.33% -0.22% -43.61% 15.44% 8.47% 430.0% -9.6% 7.44% 220.9% 204.55% 450.0%
Total Liabilities $41.26M $26.06M $23.81M $26.95M $87.36M $90.19M $164.4M $151.2M $132.2M $35.73M $32.70M $30.30M $17.70M $16.40M $5.800M $100.0K $0.00
YoY Change 58.35% 9.45% -11.66% -69.15% -3.14% -45.14% 8.75% 14.4% 269.9% 9.25% 7.92% 71.19% 7.93% 182.76% 5700.0%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
Basic Shares Outstanding 119.1M shares 94.09M shares 85.46M shares 12.67M shares 9.055M shares 5.954M shares 4.530M shares 42.45M shares
Diluted Shares Outstanding 126.8M shares 94.09M shares 85.46M shares 12.67M shares 9.055M shares 5.954M shares 4.530M shares 42.45M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $55.826 Million

About Xtant Medical Holdings, Inc.

Xtant Medical Holdings, Inc. designs, and develops orthobiologics and spinal implant fixation systems to facilitate spinal fusion in complex spine, deformity, and degenerative procedures. The company is headquartered in Belgrade Montana, Montana and currently employs 207 full-time employees. The company went IPO on 2010-06-30. The firm is focused on the design, development, and commercialization of a comprehensive portfolio of orthobiologics and spinal implant fixation systems to facilitate spinal fusion in complex spine, deformity, and degenerative procedures. Its products are used by orthopedic spine surgeons and neurosurgeons to treat a variety of spinal disorders in the cervical, thoracolumbar, and interbody spine. Its biomaterial products include OsteoSponge, OsteoSponge SC, OsteoSelect DBM putty, OsteoSelect Plus DBM putty, OsteoWrap, and its line of 3Demin products, as well as other allografts. The company offers a comprehensive line of products that are used to treat a variety of spinal and sacroiliac conditions, including trauma, degeneration, deformity and tumor. Its key spinal implant product lines include Cervical Products, Thoracolumbar Products, Sacroiliac Joint Products, Interbody Products and Interlaminar Stabilization Products.

Industry: Biological Products, (No Diagnostic Substances) Peers: SURGALIGN HOLDINGS, INC. Predictive Oncology Inc. Sanara MedTech Inc. Innovative Eyewear Inc United Health Products, Inc. RETRACTABLE TECHNOLOGIES INC VOLITIONRX LTD PROJECT SAGE OLDCO, INC. TELA Bio, Inc.