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Segment Information (Tables) | 6 Months Ended
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Jun. 30, 2025
Segment Reporting [Abstract] |
Schedule of Revenues, Cost of Products and Services, and Gross Margins for Operating Segments | The following table summarizes revenues, cost of products and preservation services, and gross margins for our reportable segments (in thousands):
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2025 |  | 2024 |  | 2025 |  | 2024
Revenues: |  |  |  |  |  |  |
Medical devices | $ | 87,444 |  |  | $ | 73,210 |  |  | $ | 166,242 |  |  | $ | 144,324 |
Preservation services | 25,528 |  |  | 24,809 |  |  | 45,708 |  |  | 51,126 |
Total revenues | 112,972 |  |  | 98,019 |  |  | 211,950 |  |  | 195,450 |
Cost of products and preservation services: |  |  |  |  |  |  |
Medical devices | 28,315 |  |  | 24,545 |  |  | 53,578 |  |  | 48,295 |
Preservation services | 11,545 |  |  | 10,150 |  |  | 21,683 |  |  | 20,885 |
Total cost of products and preservation services | 39,860 |  |  | 34,695 |  |  | 75,261 |  |  | 69,180 |
Gross margin: |  |  |  |  |  |  |
Medical devices | 59,129 |  |  | 48,665 |  |  | 112,664 |  |  | 96,029 |
Preservation services | 13,983 |  |  | 14,659 |  |  | 24,025 |  |  | 30,241 |
Total gross margin | $ | 73,112 |  |  | $ | 63,324 |  |  | $ | 136,689 |  |  | $ | 126,270 |
Schedule of Net Revenues by Product and Service | Net revenues by product were as follows (in thousands):
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2025 |  | 2024 |  | 2025 |  | 2024
Products: |  |  |  |  |  |  |
Aortic stent grafts | $ | 39,841 |  | $ | 32,190 |  | $ | 76,443 |  | $ | 64,293
On-X | 25,572 |  | 20,645 |  | 47,146 |  | 40,326
Surgical sealants | 19,288 |  | 18,545 |  | 37,394 |  | 35,526
Other | 2,743 |  | 1,830 |  | 5,259 |  | 4,179
Total products | 87,444 |  | 73,210 |  | 166,242 |  | 144,324
Preservation services | 25,528 |  | 24,809 |  | 45,708 |  | 51,126
Total revenues | $ | 112,972 |  | $ | 98,019 |  | $ | 211,950 |  | $ | 195,450

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- Definition Tabular disclosure of entity-wide revenues from external customers for each product or service or each group of similar products or services if the information is not provided as part of the reportable operating segment information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-40 + Details
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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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