Strong Revenue Growth
Xtant Medical reported a revenue growth of 18% year-over-year, reaching $32.9 million in total revenue for Q1 2025.
Improved Financial Performance
The company achieved positive net income of $58,000, compared to a net loss of $4.4 million in the same period last year, and adjusted EBITDA of $3 million, a significant improvement from a $1 million loss in Q1 2024.
Termination of Restrictive Agreement
Xtant terminated a restrictive investor rights agreement with OrbiMed, marking a new chapter for the company and allowing more flexibility in operations.
Vertical Integration Completed
The company completed full vertical integration of its previously outsourced biologics products, now manufacturing all major biologics product categories in-house.
Launch of New Products
Xtant launched two new innovative products, Trivium and FibreX, to rejuvenate its core demineralized bone offerings.
Increased Revenue Guidance
The company increased its full-year 2025 revenue guidance to $127 million to $131 million, representing an 8% to 11% growth.