Alphatec Holdings Inc
For the period ended Dec 31, 2024. Filed Feb 26, 2025.
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FY2024 · Filed Feb 26, 2025
ATEC$7.38-0.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
(In thousands, except per share amounts)
| Year Ended December 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Revenue from products and services | $611,562 | $482,262 | $350,867 |
| Cost of sales | 187,300 | 172,059 | 117,808 |
| Gross profit | 424,262 | 310,203 | 233,059 |
| Operating expenses: | |||
| Research and development | 80,718 | 70,115 | 44,033 |
| Sales, general and administrative | 450,199 | 374,080 | 300,013 |
| Litigation-related expenses | 9,799 | 22,287 | 23,943 |
| Amortization expense | 16,258 | 14,284 | 10,115 |
| Transaction-related expenses | 210 | 2,113 | 120 |
| Restructuring expenses | 3,247 | 719 | 1,810 |
| Total operating expenses | 560,431 | 483,598 | 380,034 |
| Operating loss | (136,169) | (173,395) | (146,975) |
| Other expense, net: | |||
| Interest expense, net | (24,879) | (16,641) | (5,505) |
| Other (expense) income, net | (1,025) | 3,121 | 471 |
| Total other expense, net | (25,904) | (13,520) | (5,034) |
| Net loss before taxes | (162,073) | (186,915) | (152,009) |
| Income tax provision (benefit) | 50 | (277) | (716) |
| Net loss | $(162,123) | $(186,638) | $(151,293) |
| Net loss per share, basic and diluted | $(1.13) | $(1.54) | $(1.46) |
| Weighted average shares outstanding, basic and diluted | 142,946 | 121,242 | 103,373 |
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