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v3.25.0.1

Consolidated Statements of Changes in Stockholders' Equity - USD ($) $ in Thousands | Total | Common Stock | Additional Paid In Capital | Accumulated Deficit | Net Parent Company Investment | Accumulated Other Comprehensive Income (Loss)
--- | --- | --- | --- | --- | --- | ---
Beginning Balance at Dec. 31, 2021 | $ 1,451,377 | $ 0 | $ 0 | $ 0 | $ 1,494,157 | $ (42,780)
Net loss | (63,881) | 0 | 0 | (47,532) | (16,349) | 0
Net transactions with Zimmer Biomet Holdings Inc | (70,430) | 0 | 0 | 0 | (70,430) | 0
Net considerations paid to Zimmer Biomet Holdings, Inc. in connection with distribution | (540,567) | 0 | 0 | 0 | (540,567) | 0
Reclassification of net parent company investment to additional paid-in capital | 0 | 261 | 866,550 | 0 | (866,811) | 0
Stock plan activity | 190 | 1 | 189 | 0 | 0 | 0
Share-based compensation expense | 30,289 | 0 | 30,289 | 0 | 0 | 0
Other comprehensive (loss) income | (48,374) | 0 | 0 | 0 | 0 | (48,374)
Ending Balance at Dec. 31, 2022 | 758,604 | 262 | 897,028 | (47,532) | 0 | (91,154)
Net loss | (393,282) | 0 | 0 | (393,282) |  | 0
Stock plan activity | (1,043) | 9 | (1,052) | 0 | 0 | 0
Share-based compensation expense | 27,020 | 0 | 27,020 | 0 | 0 | 0
Other comprehensive (loss) income | 18,194 | 0 | 0 | 0 | 0 | 18,194
Ending Balance at Dec. 31, 2023 | 409,493 | 271 | 922,996 | (440,814) | 0 | (72,960)
Net loss | (25,825) | 0 | 0 | (25,825) |  | 0
Stock plan activity | (952) | 6 | (958) | 0 | 0 | 0
Share-based compensation expense | 16,592,000 | 0 | 16,592,000 | 0 | 0 | 0
Other comprehensive (loss) income | (17,601) | 0 | 0 | 0 | 0 | (17,601)
Ending Balance at Dec. 31, 2024 | $ 381,707 | $ 277 | $ 938,630 | $ (466,639) | $ 0 | $ (90,561)

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