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Stockholders' Equity | 9 Months Ended
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Sep. 30, 2021
Equity [Abstract] |
Stockholders' Equity | 9. Stockholders’ Equity
Reconciliation of the changes in stockholders' equity for the three and nine months ended September 30, 2021 and 2020 |
|  | Common Stock |  |  | Additional Paid-in |  |  | Accumulated Other Comprehensive |  |  | Accumulated |  |  |  |
|  | Shares |  |  | Amount |  |  | Capital |  |  | Loss |  |  | Deficit |  |  | Total |
Balance at December 31, 2020 |  |  | 71,738 |  |  | $ | — |  |  | $ | 505,123 |  |  | $ | (9,097 | ) |  | $ | (97,455 | ) |  | $ | 398,571 |
Common stock issued upon exercise of options |  |  | 11 |  |  |  | — |  |  |  | 92 |  |  |  | — |  |  |  | — |  |  |  | 92 |
Vesting of restricted stock and performance stock units |  |  | 318 |  |  |  | — |  |  |  |  |  |  | — |  |  |  | — |  |  |  | — |
Purchase and retirement of common shares |  |  | (111 | ) |  |  | — |  |  |  | (1,730 | ) |  |  | — |  |  |  | — |  |  |  | (1,730 | )
Stock-based compensation |  |  | — |  |  |  | — |  |  |  | 1,464 |  |  |  | — |  |  |  | — |  |  |  | 1,464 |
Net income |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 3,774 |  |  |  | 3,774 |
Currency translation adjustments |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 1,352 |  |  |  | — |  |  |  | 1,352 |
Unrealized gain on marketable securities |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 21 |  |  |  | — |  |  |  | 21 |
Balance at March 31, 2021 |  |  | 71,956 |  |  | $ | — |  |  | $ | 504,949 |  |  | $ | (7,724 | ) |  | $ | (93,681 | ) |  | $ | 403,544 |
Common stock issued upon exercise of options |  |  | 3 |  |  |  | — |  |  |  | 29 |  |  |  | — |  |  |  | — |  |  |  | 29 |
Vesting of restricted stock and performance stock units |  |  | 64 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Purchase and retirement of common shares |  |  | (15 | ) |  |  | — |  |  |  | (147 | ) |  |  | — |  |  |  | — |  |  |  | (147 | )
Stock-based compensation |  |  | — |  |  |  | — |  |  |  | 1,473 |  |  |  | — |  |  |  | — |  |  |  | 1,473 |
Net loss |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (1,364 | ) |  |  | (1,364 | )
Currency translation adjustments |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 1,403 |  |  |  | — |  |  |  | 1,403 |
Unrealized loss on marketable securities |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (122 | ) |  |  | — |  |  |  | (122 | )
Balance at June 30, 2021 |  |  | 72,008 |  |  | $ | — |  |  | $ | 506,304 |  |  | $ | (6,443 | ) |  | $ | (95,045 | ) |  | $ | 404,816 |
Common stock issued upon exercise of options |  |  | 18 |  |  |  | — |  |  |  | 126 |  |  |  | — |  |  |  | — |  |  |  | 126 |
Vesting of restricted stock and performance stock units |  |  | 16 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Purchase and retirement of common shares |  |  | (4 | ) |  |  | — |  |  |  | (47 | ) |  |  | — |  |  |  | — |  |  |  | (47 | )
Stock-based compensation |  |  | — |  |  |  | — |  |  |  | 2,218 |  |  |  | — |  |  |  | — |  |  |  | 2,218 |
Net loss |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (15,015 | ) |  |  | (15,015 | )
Currency translation adjustments |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (4,117 | ) |  |  | — |  |  |  | (4,117 | )
Unrealized loss on marketable securities |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (161 | ) |  |  | — |  |  |  | (161 | )
Balance at September 30, 2021 |  |  | 72,038 |  |  | $ | — |  |  | $ | 508,601 |  |  | $ | (10,721 | ) |  | $ | (110,060 | ) |  | $ | 387,820 |
|  | Common Stock |  |  | Additional Paid-in |  |  | Accumulated Other Comprehensive |  |  | Accumulated |  |  |  |
|  | Shares |  |  | Amount |  |  | Capital |  |  | Loss |  |  | Deficit |  |  | Total |
Balance at December 31, 2019 |  |  | 61,731 |  |  | $ | — |  |  | $ | 401,814 |  |  | $ | (12,136 | ) |  | $ | (82,533 | ) |  | $ | 307,145 |
Common stock issued upon exercise of options |  |  | 6 |  |  |  | — |  |  |  | 30 |  |  |  | — |  |  |  | — |  |  |  | 30 |
Vesting of restricted stock and performance stock units |  |  | 486 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Purchase and retirement of common shares |  |  | (197 | ) |  |  | — |  |  |  | (1,408 | ) |  |  | — |  |  |  | — |  |  |  | (1,408 | )
Stock-based compensation |  |  | — |  |  |  | — |  |  |  | 1,376 |  |  |  | — |  |  |  | — |  |  |  | 1,376 |
Net loss |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (7,328 | ) |  |  | (7,328 | )
Currency translation adjustments |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (9,221 | ) |  |  | — |  |  |  | (9,221 | )
Unrealized loss on marketable securities |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (442 | ) |  |  | — |  |  |  | (442 | )
Balance at March 31, 2020 |  |  | 62,026 |  |  | $ | — |  |  | $ | 401,812 |  |  | $ | (21,799 | ) |  | $ | (89,861 | ) |  | $ | 290,152 |
Common stock issued upon exercise of options |  |  | 71 |  |  |  | — |  |  |  | 530 |  |  |  | — |  |  |  | — |  |  |  | 530 |
Vesting of restricted stock and performance stock units |  |  | 161 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Purchase and retirement of common shares |  |  | (50 | ) |  |  | — |  |  |  | (656 | ) |  |  | — |  |  |  | — |  |  |  | (656 | )
Issuance of common stock in connection with public offering, net of commissions and expenses of $6,200 |  |  | 9,200 |  |  |  |  |  |  | 95,036 |  |  |  |  |  |  |  |  |  | 95,036 |
Stock-based compensation |  |  | — |  |  |  | — |  |  |  | 2,672 |  |  |  | — |  |  |  | — |  |  |  | 2,672 |
Net loss |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (10,494 | ) |  |  | (10,494 | )
Currency translation adjustments |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 3,726 |  |  |  | — |  |  |  | 3,726 |
Unrealized gain on marketable securities |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 791 |  |  |  | — |  |  |  | 791 |
Balance at June 30, 2020 |  |  | 71,408 |  |  | $ | — |  |  | $ | 499,394 |  |  | $ | (17,282 | ) |  | $ | (100,355 | ) |  | $ | 381,757 |
Common stock issued upon exercise of options |  |  | 202 |  |  |  | — |  |  |  | 1,555 |  |  |  | — |  |  |  | — |  |  |  | 1,555 |
Vesting of restricted stock and performance stock units |  |  | 2 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Purchase and retirement of common shares |  |  | (1 | ) |  |  | — |  |  |  | (12 | ) |  |  | — |  |  |  | — |  |  |  | (12 | )
Stock-based compensation |  |  | — |  |  |  | — |  |  |  | 1,865 |  |  |  | — |  |  |  | — |  |  |  | 1,865 |
Net income |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 1,040 |  |  |  | 1,040 |
Currency translation adjustments |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 1,953 |  |  |  | — |  |  |  | 1,953 |
Unrealized loss on marketable securities |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (266 | ) |  |  | — |  |  |  | (266 | )
Balance at September 30, 2020 |  |  | 71,611 |  |  | $ | — |  |  | $ | 502,802 |  |  | $ | (15,595 | ) |  | $ | (99,315 | ) |  | $ | 387,892 |
Stock-Based Awards We grant stock-based awards under the OraSure Technologies, Inc. Stock Award Plan, as amended (the “Stock Plan”). The Stock Plan permits stock-based awards to employees, outside directors and consultants or other third-party advisors. Awards which may be granted under the Stock Plan include qualified incentive stock options, nonqualified stock options, stock appreciation rights, restricted awards, performance awards and other stock-based awards. We account for stock-based compensation to employees and directors using the fair value method. We recognize compensation expense for stock option and restricted stock awards issued to employees and directors on a straight-line basis over the requisite service period of the award. We recognize compensation expense related to performance-based restricted stock units based on assumptions as to what percentage of each performance target will be achieved. We evaluate these target assumptions on a quarterly basis and adjust compensation expense related to these awards, as appropriate. To satisfy the exercise of options, issuance of restricted stock, or redemption of performance-based restricted stock units, we issue new shares rather than shares purchased on the open market. Total compensation cost related to stock options for the nine months ended September 30, 2021 and 2020 was $793 and $683, respectively. Compensation cost of $2,891 and $3,329 related to restricted shares was recognized during the nine months ended September 30, 2021 and 2020, respectively. We grant performance-based restricted stock units (“PSUs”) to certain executives. Vesting of these PSUs is dependent upon achievement of certain performance-based metrics during a one-year or three-year period from the date of grant. Assuming achievement of each performance-based metric, the executive must also generally remain employed for three years from the grant date. If the one-year target is achieved, the PSUs will then vest three years from grant date. If the three-year target is achieved, the corresponding PSUs will then vest three years from grant date. PSUs are converted into shares of our common stock once vested. Compensation cost of $1,471 and $1,901 related to PSUs was recognized during the nine months ended September 30, 2021 and 2020, respectively. Public Offering On June 1, 2020, we entered into an underwriting agreement with J.P. Morgan Securities LLC, Citigroup Global Markets Inc. and Evercore Group LLC, as representatives of several underwriters, relating to the issuance and sale of 8,000 shares of our common stock. The price to the public in the offering was $11.00 per share. Under the terms of the underwriting agreement, we also granted the underwriters an option, exercisable for 30 days, to purchase up to an additional 1,200 shares of common stock. On June 3, 2020, we announced the full exercise by the underwriters of their option to purchase these additional shares. The offering was made pursuant to an effective registration statement on Form S-3 (File No. 333-228877) we had previously filed with the SEC, and a prospectus supplement thereunder. The net proceeds from the offering were approximately $95,000 after deducting underwriting discounts and offering expenses paid by the Company. Stock Repurchase Program On August 5, 2008, our Board of Directors approved a share repurchase program pursuant to which we are permitted to acquire up to $25,000 of our outstanding common shares. No shares were purchased and retired during the nine months ended September 30, 2021 and 2020.

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- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496158-112644 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496158-112644 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 14 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496171-112644 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 14 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496171-112644 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=120397183&loc=d3e187085-122770 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 18 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496189-112644 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (g) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496158-112644 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -URI http://asc.fasb.org/topic&trid=2208762 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 18 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496189-112644 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (h) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496158-112644 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 14 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496171-112644 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 18 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496189-112644 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 16 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496180-112644 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (i) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496158-112644 Reference 15: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(e)(1)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 + Details
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