Strong Revenue Growth
Q2 sales increased to $56.7 million, growing 18.3% compared to the same period last year, driven by double-digit growth across all nerve repair target markets.
High Potential Accounts Productivity
Approximately 70% of revenue growth driven by high potential accounts, with average high potential account productivity up 21% year-over-year.
Surgeon Training Progress
Surgeon training programs are on track, with significant increases in trained surgeons year-to-date across various applications.
Clinical and Market Development
Completion of hiring of the clinical development team and progress in prostate clinical and market development plan, with 6 active pilot sites.
Financial Performance
Net income for the quarter was $0.6 million compared to a net loss of $1.9 million in the second quarter of 2024. Adjusted EBITDA for the quarter was $9.3 million compared to $5.6 million in the same period last year.