Security
Axogen, Inc. Common Stock · AXGN
AXGNNASDAQCommon stockCurrentCIK 805928Updated Oct 4, 2026
Name history
LECTEC CORP /MN/ · through Sep 29, 2011
AXGN price & chart
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NASDAQ:AXGN on TradingView ↗In the news
Axogen Announces Pricing of $208.7 Million Public Offering of Common Stock ↗
Recent filings
Regulation FD Disclosure
Items 7.01, 9.01
424B5 filing
Entry into a Material Definitive Agreement · Regulation FD Disclosure
Items 1.01, 7.01, 9.01
Entry into a Material Definitive Agreement · Regulation FD Disclosure · Other Events
Items 1.01, 7.01, 8.01, 9.01
144 filing
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 221,687,000Source | 203,728,000Source | 196,827,000Source | 195,387,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 6,750,000Source | 5,579,000Source | 4,531,000Source | 3,649,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 35,548,000Source | 27,554,000Source | 31,024,000Source | 15,284,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 26,169,000Source | 24,105,000Source | 25,147,000Source | 22,186,000Source |
| Inventory, NetUSD | 42,373,000Source | 33,183,000Source | 23,020,000Source | 18,905,000Source |
| Assets, CurrentUSD | 120,422,000Source | 99,217,000Source | 88,004,000Source | 98,075,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 6,352,000Source | 2,447,000Source | 2,811,000Source | 1,944,000Source |
| Operating Lease, Right-of-Use AssetUSD | 12,732,000Source | 14,265,000Source | 15,562,000Source | 14,369,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 92,840,000Source | 99,821,000Source | 101,162,000Source | 94,388,000Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 472,000Source | 441,000Source | 431,000Source | 424,000Source |
| Retained Earnings (Accumulated Deficit)USD | -306,963,000Source | -291,260,000Source | -281,296,000Source | -259,580,000Source |
| Stockholders' Equity Attributable to ParentUSD | 128,847,000Source | 103,907,000Source | 95,665,000Source | 100,999,000Source |
| Additional Paid in Capital, Common StockUSD | 435,338,000Source | 394,726,000Source | 376,530,000Source | 360,155,000Source |
| Liabilities and EquityUSD | 221,687,000Source | 203,728,000Source | 196,827,000Source | 195,387,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 23,556,000Source | 30,610,000Source | 30,430,000Source | 23,753,000Source |
| Operating Lease, Liability, CurrentUSD | 2,354,000Source | 1,960,000Source | 1,541,000Source | 1,303,000Source |
| Accounts Payable, CurrentUSD | 2,888,000Source | 8,008,000Source | 11,774,000Source | 8,964,000Source |
| Operating Lease, Liability, NoncurrentUSD | 16,838,000Source | 19,191,000Source | 21,123,000Source | 20,387,000Source |
| Other Liabilities, NoncurrentUSD | 141,000Source | 94,000Source | — | — |
| Additional Financial Items | ||||
| Long-term Debt, Excluding Current MaturitiesUSD | 48,387,000Source | 47,496,000Source | 46,603,000Source | 45,712,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 48,387,000Source | 47,496,000Source | 46,603,000Source | 45,712,000Source |
| Short-term InvestmentsUSD | 5,980,000Source | 5,928,000Source | 0Source | 33,505,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 6,660,000Source | 6,467,000Source | 4,218,000Source | 2,827,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 30,112,000Source | 15,906,000Source | 14,418,000Source | 15,591,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 2,464,000Source | -392,000Source | 2,691,000Source | 4,639,000Source |
| Increase (Decrease) in InventoriesUSD | 9,190,000Source | 10,163,000Source | 6,054,000Source | 3,656,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 812,000Source | 4,535,000Source | -5,716,000Source | -16,066,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -5,317,000Source | -10,297,000Source | 19,253,000Source | -3,200,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 3,745,000Source | 3,101,000Source | 13,872,000Source | 20,078,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | — | — | — | 0Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 10,499,000Source | 2,290,000Source | 1,954,000Source | 1,794,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 5,994,000Source | -3,472,000Source | 15,491,000Source | -17,472,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 39,548,000Source | 33,554,000Source | 37,026,000Source | 21,535,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 6,811,000Source | 7,301,000Source | 1,944,000Source | 0Source |
| Additional Financial Items | ||||
| Amortization of Debt Issuance CostsUSD | 891,000Source | 893,000Source | 891,000Source | 891,000Source |
| Amortization of Intangible AssetsUSD | 315,000Source | 267,000Source | 273,000Source | 265,000Source |
| DepreciationUSD | 6,660,000Source | 6,467,000Source | 4,218,000Source | 2,827,000Source |
| Derivative, Gain (Loss) on Derivative, NetUSD | -1,487,000Source | 587,000Source | 1,531,000Source | 1,044,000Source |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | 0Source | 0Source | -56,000Source | 0Source |
| General and Administrative ExpenseUSD | 44,577,000Source | 39,036,000Source | 34,943,000Source | 36,758,000Source |
| Income Tax Expense (Benefit)USD | 0Source | 0Source | 0Source | 0Source |
| InterestExpenseNonoperatingUSD | 7,702,000Source | 8,206,000Source | — | — |
| Inventory Write-downUSD | 4,534,000Source | 6,989,000Source | 1,939,000Source | 1,769,000Source |
| Net Income (Loss) Attributable to ParentUSD | -15,703,000Source | -9,964,000Source | -21,716,000Source | -28,948,000Source |
| Nonoperating Income (Expense)USD | -7,854,000Source | -6,677,000Source | -254,000Source | 759,000Source |
| Other Nonoperating Income (Expense)USD | 167,000Source | -199,000Source | -437,000Source | -230,000Source |
| Payments to Acquire InvestmentsUSD | 13,723,000Source | 5,773,000Source | 10,203,000Source | 39,247,000Source |
| Proceeds from Issuance of Common StockUSD | — | — | — | 0Source |
| Proceeds from Issuance of Long-term DebtUSD | — | — | 0Source | 0Source |
| Unrealized Gain (Loss) on InvestmentsUSD | 329,000Source | 155,000Source | 666,000Source | 228,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 225,208,000Source | 187,338,000Source | 159,012,000Source | 138,584,000Source |
| Cost of RevenueUSD | 57,855,000Source | 45,361,000Source | 31,138,000Source | 24,147,000Source |
| Operating Income (Loss)USD | -7,849,000Source | -3,287,000Source | -21,462,000Source | -29,707,000Source |
| Other Nonoperating Income (Expense)USD | 167,000Source | -199,000Source | -437,000Source | -230,000Source |
| Income Tax Expense (Benefit)USD | 0Source | 0Source | 0Source | 0Source |
| Net Income (Loss) Attributable to ParentUSD | -15,703,000Source | -9,964,000Source | -21,716,000Source | -28,948,000Source |
| Earnings Per Share, BasicUSD per share | -0.34Source | -0.23Source | -0.51Source | -0.69Source |
| Earnings Per Share, DilutedUSD per share | -0.34Source | -0.23Source | -0.51Source | -0.69Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 46,050,266Source | 44,257,754Source | 42,878,543Source | 42,083,125Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 46,050,266Source | 44,257,754Source | 42,878,543Source | 42,083,125Source |
| Interest Expense (non-operating)USD | 7,702,000Source | 8,206,000Source | — | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 315,000Source | 267,000Source | 273,000Source | 265,000Source |
| Costs and ExpensesUSD | 175,202,000Source | 145,264,000Source | 149,336,000Source | 144,144,000Source |
| General and Administrative ExpenseUSD | 44,577,000Source | 39,036,000Source | 34,943,000Source | 36,758,000Source |
| Gross ProfitUSD | 167,353,000Source | 141,977,000Source | 127,874,000Source | 114,437,000Source |
| Interest ExpenseUSD | — | — | 2,835,000Source | 624,000Source |
| Investment Income, NetUSD | 1,168,000Source | 1,141,000Source | 1,487,000Source | 569,000Source |
| Nonoperating Income (Expense)USD | -7,854,000Source | -6,677,000Source | -254,000Source | 759,000Source |
| Research and Development ExpenseUSD | 32,885,000Source | 27,767,000Source | 28,333,000Source | 27,158,000Source |
| Selling and Marketing ExpenseUSD | 97,740,000Source | 78,461,000Source | 86,060,000Source | 80,228,000Source |