Xtant Medical Hldgs Q1 2026 Earnings Call Transcript

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The afloat net telephone is disposable astatine https://www.webcaster5.com/Webcast/Page/3039/53872

Summary

Xtant Medical Holdings Inc reported archetypal 4th 2026 gross of $20.9 million, a alteration from the erstwhile year, but raised full-year gross guidance to $101 cardinal to $105 million.

The institution entered a transformational licence statement with Dillon Technologies for the HemoBlast Bellows product, expanding its portfolio into a $2 cardinal hemostatic cause market.

The Companion Spine transaction was finalized, providing $10.7 cardinal successful proceeds to trim indebtedness and refocus connected high-margin biologics, starring to a strengthened equilibrium sheet.

Operational highlights see the commercialized motorboat of Trivium Shaped, enhancing the company's merchandise offerings successful the orthopedic sector.

Management emphasized strategical maturation successful biologics and plans to grow the income unit to leverage caller merchandise introductions.

Full Transcript

OPERATOR

Good greeting everyone and convey you and invited to the Xtant Medical archetypal 4th 2026 fiscal results. At this time, each participants are successful a perceive lone mode. The level volition beryllium unfastened for questions and comments pursuing the presentation. Please enactment this league is being recorded. I volition present crook the league implicit to your host, Kevin Gardner of LifeSci Advisors.

Kevin Gardner (Moderator)

Thank you relation and invited to Xtant Medical's archetypal 4th 2026 fiscal results call. Joining maine contiguous are Sean Brown, President and Chief Executive Officer and Scott Neals, Chief Financial Officer. Today's telephone is being webcast and volition beryllium posted connected the Company's website for playback. During the people of this call, absorption whitethorn marque definite guardant looking statements regarding aboriginal events and the Company's expected aboriginal performance. These guardant looking statements bespeak Xtant's existent position connected existing trends and accusation and tin beryllium identified by specified words arsenic expect, plan, will, may, anticipate, believe, should, intends and different words with akin meaning. Such guardant looking statements are not guarantees of aboriginal show and impact risks and uncertainties, including those noted successful the Risk Factors conception of the Company's yearly report. On the Form 10K filed with the SEC and successful consequent SEC reports and property releases, existent results whitethorn disagree materially. The Company's fiscal results property merchandise and today's treatment see definite non GAAP fiscal measures. Please notation to the non GAAP to GAAP Reconciliations which look successful our property merchandise and are different disposable connected our website. Note that the Form 8Ks that we record with our fiscal Results property releases supply elaborate narratives that picture our usage of specified measures. For the payment of those of you who whitethorn beryllium listening to a replay, this telephone was held and recorded connected May 13, 2026 astatine astir 8:30am Eastern Time. The Company declines immoderate work to update its guardant looking statements but arsenic required by applicable law. Now I'd similar to crook the telephone implicit to Sean Brown, CEO.