v3.25.2
COMMITMENTS AND CONTINGENCIES (Tables)
6 Months Ended
Jun. 30, 2025
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Contingent Consideration
A reconciliation of the opening balances to the closing balances of these Level 3 measurements for the six months ended June 30, 2025 and June 30, 2024 is as follows (in thousands):
Six Months Ended June 30, 2025Contingent Consideration Liability Related to Acquisition of:
Arkis (1)
Derma Sciences (2)
ACell (2)
Surgical Innovations Associates (SIA), Inc. (2)
Total
Balance as of January 1, 2025
$12,968 $2,686 $54,000 69,657 
Payment(5,000)— — (18,075)(23,075)
Change in fair value of contingent consideration liabilities (627)(1,451)— 1,875 (203)
Balance as of June 30, 2025
7,341 1,235 37,800 46,379 
Short-Term - Accrued expenses and other liabilities$3,579 $— $— $17,700 $21,279 
Long-Term - Other liabilities3,762 1,235 20,100 25,100 
Total7,341 1,235 37,800 46,379 
Six Months Ended June 30, 2024Contingent Consideration Liability Related to Acquisition of:
Arkis (1)
Derma Sciences (2)
ACell (2)
Surgical Innovations Associates (SIA), Inc. (2)
Total
Balance as of January 1, 2024
$15,755 $2,557 $300 $68,700 87,312 
Payment(12,400)(12,400)
Change in fair value of contingent consideration liabilities(934)75 — 3,200 2,341 
Balance as of June 30, 2024
$14,821 $2,632 $300 $59,500 77,253 
Short-Term - Accrued expenses and other liabilities$8,244 $— $— $19,200 $27,444 
Long-Term - Other liabilities6,577 2,632 300 40,300 49,809 
Total14,821 2,632 300 59,500 77,253 
(1) Location in financial statements: Research and development
(2) Location in financial statements: Selling, general and administrative