Organogenesis Holdings Inc.
For the period ended Jun 30, 2025. Filed Aug 7, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2025 · Filed Aug 7, 2025
ORGO$0.94+3.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations and Comprehensive Loss
(amounts in thousands, except share and per share amounts)
| Three Months EndedJune 30, | Six Months EndedJune 30, | |||
|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | |
| Revenue: | ||||
| Net product revenue | $100,779 | $130,234 | $187,472 | $240,210 |
| Grant income | 226 | — | 226 | — |
| Total revenue | 101,005 | 130,234 | 187,698 | 240,210 |
| Operating expenses: | ||||
| Cost of goods sold | 27,630 | 29,198 | 51,353 | 57,894 |
| Selling, general and administrative | 73,810 | 76,540 | 146,319 | 148,862 |
| Research and development | 10,395 | 15,587 | 21,035 | 28,397 |
| Write-down to fair value for asset held for sale | 1,746 | — | 8,313 | — |
| Impairment of property and construction | — | 18,842 | — | 18,842 |
| Write-down of capitalized internal-use software costs | — | 3,959 | — | 3,959 |
| Total operating expenses | 113,581 | 144,126 | 227,020 | 257,954 |
| Loss from operations | (12,576) | (13,892) | (39,322) | (17,744) |
| Other income (expense), net: | ||||
| Interest income (expense), net | 669 | (620) | 1,630 | (1,134) |
| Other income (expense), net | 73 | (28) | 75 | (5) |
| Total other income (expense), net | 742 | (648) | 1,705 | (1,139) |
| Net loss before income taxes | (11,834) | (14,540) | (37,617) | (18,883) |
| Income tax benefit (expense) | 2,442 | (2,503) | 9,382 | (260) |
| Net loss and comprehensive loss | (9,392) | (17,043) | (28,235) | (19,143) |
| Accretion of redeemable convertible preferred stock to redemption value | (129) | — | (250) | — |
| Cumulative dividend on redeemable convertible preferred stock | (2,681) | — | (5,308) | — |
| Net loss attributable to common stockholders | $(12,202) | $(17,043) | $(33,793) | $(19,143) |
| Net loss per share: | ||||
| Basic and diluted | $(0.10) | $(0.13) | $(0.27) | $(0.14) |
| Weighted-average common shares outstanding | ||||
| Basic and diluted | 126,853,536 | 132,573,153 | 126,576,130 | 132,217,463 |
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