Annual report pursuant to Section 13 and 15(d)

Schedule II - Valuation and Qualifying Accounts

v3.24.0.1
Schedule II - Valuation and Qualifying Accounts
 12 Months Ended
Dec. 31, 2023
SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]  
Schedule II - Valuation and Qualifying Accounts
Schedule II – Valuation and Qualifying Accounts
AXOGEN, INC.
SCHEDULE II – VALUATION AND QUALIFYING ACCOUNTS
THREE YEARS ENDED DECEMBER 31, 2023, 2022 AND 2021
(in thousands) Balance at Beginning of Year Additions Deductions (Charge-offs) Balance at End of Year
Allowance for doubtful accounts
2021 $ 416  $ —  $ (140) $ 276 
2022 $ 276  $ 612  $ (238) $ 650 
2023 $ 650  $ —  $ (313) $ 337 
Valuation allowance for deferred tax assets
2021 $ 46,517  $ 6,734  $ 53,251 
2022 $ 53,251  $ 5,058  $ —  $ 58,309 
2023 $ 58,309  $ 2,831  $ —  $ 61,140 
Valuation for inventory reserves
2021 $ 1,553  $ 3,314  $ (2,291) $ 2,576 
2022 2,576  1,769  (2,410) 1,935 
2023 1,935  1,939  (2,533) 1,342