XTNT Chart
About

Xtant Medical Holdings, Inc. provides regenerative medicine products and medical devices for orthopedic and neurological surgeons in the United States and internationally. The company offers OsteoSponge, a natural scaffold for cellular in-growth; OsteoSelect DBM Putty, which can be compressed into bony voids; OsteoSelect PLUS DBM Putty to deliver handling properties and ensure patient safety through validated and terminal sterilization; 3Demin, a family of allografts that maximizes osteoconductivity and the osteoinductive potential of human bone; OsteoFactor, a processed allograft that contains retained growth factors found within the endosteum layer of allograft bone; OsteoVive Plus, an aseptically processed and viable bone allograft; and nanOss products that provide osteoconductive nano-structured hydroxyapatite and an engineered extracellular matrix bioscaffold collagen carrier. It also provides sports allografts for anterior and posterior cruciate ligament repairs, anterior cruciate ligament reconstruction, and meniscal repair; milled spinal allografts for cortical bone milled to desired shapes and dimensions; and traditional allografts for orthopedics, neurology, podiatry, oral/maxillofacial, genitourinary, and plastic/reconstructive applications. In addition, the company offers cervical products comprising Spider cervical plating, Streamline OCT, and CervAlign systems; thoracolumbar products consisting of Axle-X interspinous fusion, Streamline MIS spinal fixation, Streamline TL spinal fixation, and HPS 2.0 hybrid performance systems; and Silex sacroiliac joint fusion systems. Further, it provides interbody products comprising Calix for cervical and thoracolumbar applications, Irix-C Cervical and Irix-A lumbar integrated dusion systems, and Fortilink implants; and interlaminar stabilization products, such as Coflex device for lumbar spinal stenosis; and CoFix implants for back and disc pain. Xtant Medical Holdings, Inc. is headquartered in Belgrade, Montana.

Fundamentals
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Sector Healthcare Industry Medical Devices Market Cap 79.69M
Enterprise Value 101.90M Income 1.75M Sales 133.08M
Book/sh 0.36 Cash/sh 0.07 Dividend Yield —
Payout 0.00% Employees 217 IPO —
P/E 56.92 Forward P/E 56.92 PEG —
P/S 0.60 P/B 1.58 P/C —
EV/EBITDA 9.35 EV/Sales 0.77 Quick Ratio 1.01
Current Ratio 2.21 Debt/Eq 64.48 LT Debt/Eq —
EPS (ttm) 0.01 EPS next Y 0.01 EPS Growth —
Revenue Growth 19.00% Earnings 2026-03-05 ROA 3.87%
ROE 3.64% ROIC — Gross Margin 62.02%
Oper. Margin 7.64% Profit Margin 1.32% Shs Outstand 140.00M
Shs Float 54.03M Short Float 0.02% Short Ratio 0.11
Short Interest — 52W High 0.95 52W Low 0.34
Beta -0.31 Avg Volume 191.74K Volume 130.08K
Target Price $1.50 Recom None Prev Close $0.57
Price $0.57 Change -0.16%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$1.50
Mean price target
2. Current target
$0.57
Latest analyst target
3. DCF / Fair value
$1.21
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$0.57
Low
$1.50
High
$1.50
Mean
$1.50

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-11-11 main BTIG Buy → Buy $2
2024-05-16 main BTIG Buy → Buy $3
2023-12-05 init BTIG — → Buy $2
2023-07-11 main Craig-Hallum Buy → Buy $1
2023-04-26 init Craig-Hallum — → Buy $1
2019-05-17 down Maxim Group Buy → Hold —
2016-12-08 init Maxim Group — → Buy $2
2016-11-30 init Aegis Capital — → Buy $4
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 158228 — — Stock Award(Grant) at price 0.00 per share. BAKEWELL JOHN K Director — 2025-11-14 00:00:00 D
1 158228 — — Stock Award(Grant) at price 0.00 per share. BAKEWELL JOHN K Director — 2025-11-14 00:00:00 D
2 158228 — — Stock Award(Grant) at price 0.00 per share. LIPSCHULTZ TYLER P Director — 2025-11-14 00:00:00 D
3 553797 — — Stock Award(Grant) at price 0.00 per share. VIZIRGIANAKIS STAVROS G Director — 2025-11-14 00:00:00 D
4 394937 — — Stock Award(Grant) at price 0.00 per share. BROWNE SEAN E. Chief Executive Officer — 2025-11-14 00:00:00 D
5 263291 — — Stock Award(Grant) at price 0.00 per share. NEILS SCOTT C Chief Financial Officer — 2025-11-14 00:00:00 D
6 292253 — — Stock Award(Grant) at price 0.00 per share. SCHALLENBERGER MARK A. Chief Operating Officer — 2025-11-14 00:00:00 D
7 158228 — — Stock Award(Grant) at price 0.00 per share. BEESON JONN R. Director — 2025-11-14 00:00:00 D
8 158228 — — Stock Award(Grant) at price 0.00 per share. JAIN ABHINAV Director — 2025-11-14 00:00:00 D
9 73114592 30708129 — Sale at price 0.42 per share. ORBIMED ADVISORS, L.L.C. Beneficial Owner of more than 10% of a Class of Security — 2025-04-10 00:00:00 I
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems1.05K2.51M0.000.00
TaxRateForCalcs0.210.210.210.00
NormalizedEBITDA-7.88M-6.88M-5.43M-2.52M
TotalUnusualItems5.00K11.96M0.00
TotalUnusualItemsExcludingGoodwill5.00K11.96M0.00
NetIncomeFromContinuingOperationNetMinorityInterest-16.45M660.00K-8.48M-4.85M
ReconciledDepreciation4.22M3.17M1.29M1.33M
ReconciledCostOfRevenue49.05M35.84M25.83M22.77M
EBITDA-7.88M5.08M-5.43M-2.52M
EBIT-12.10M1.90M-6.72M-3.85M
NetInterestIncome-4.16M-2.79M-1.66M-995.00K
InterestExpense4.16M2.94M1.69M995.00K
InterestIncome0.00149.00K31.00K0.00
NormalizedIncome-16.45M-8.79M-8.48M-4.85M
NetIncomeFromContinuingAndDiscontinuedOperation-16.45M660.00K-8.48M-4.85M
TotalExpenses129.34M101.46M64.72M59.12M
TotalOperatingIncomeAsReported-12.07M-10.16M-6.75M-3.85M
DilutedAverageShares133.67M126.79M94.09M85.46M
BasicAverageShares133.67M119.09M94.09M85.46M
DilutedEPS-0.120.01-0.09-0.06
BasicEPS-0.120.01-0.09-0.06
DilutedNIAvailtoComStockholders-16.45M660.00K-8.48M-4.85M
NetIncomeCommonStockholders-16.45M660.00K-8.48M-4.85M
NetIncome-16.45M660.00K-8.48M-4.85M
NetIncomeIncludingNoncontrollingInterests-16.45M660.00K-8.48M-4.85M
NetIncomeContinuousOperations-16.45M660.00K-8.48M-4.85M
TaxProvision187.00K-1.70M69.00K0.00
PretaxIncome-16.26M-1.04M-8.42M-4.85M
OtherIncomeExpense-28.00K11.91M
OtherNonOperatingIncomeExpenses-33.00K-49.00K
SpecialIncomeCharges0.0011.69M0.00
RestructuringAndMergernAcquisition0.00-11.69M0.00
GainOnSaleOfSecurity5.00K265.00K
NetNonOperatingInterestIncomeExpense-4.16M-2.79M-1.66M-995.00K
InterestExpenseNonOperating4.16M2.94M1.69M995.00K
InterestIncomeNonOperating0.00149.00K31.00K0.00
OperatingIncome-12.07M-10.16M-6.75M-3.85M
OperatingExpense80.29M65.62M38.89M36.34M
ResearchAndDevelopment2.38M1.34M915.00K870.00K
SellingGeneralAndAdministration77.91M64.29M37.98M35.47M
SellingAndMarketingExpense49.21M38.44M22.52M21.02M
GeneralAndAdministrativeExpense28.69M25.85M15.46M14.45M
OtherGandA28.69M25.85M15.46M14.45M
GrossProfit68.22M55.47M32.14M32.49M
CostOfRevenue49.05M35.84M25.83M22.77M
TotalRevenue117.27M91.30M57.97M55.26M
OperatingRevenue117.27M91.30M57.97M55.15M
Line Item2024-12-312023-12-312022-12-312021-12-31
OrdinarySharesNumber139.05M130.18M108.87M87.07M
ShareIssued139.05M130.18M108.87M87.07M
NetDebt27.96M16.07M
TotalDebt35.14M23.56M17.07M16.84M
TangibleBookValue27.30M33.96M30.62M27.28M
InvestedCapital77.12M73.14M49.57M46.29M
WorkingCapital38.53M41.88M34.10M33.25M
NetTangibleAssets27.30M33.96M30.62M27.28M
CapitalLeaseObligations985.00K1.77M1.67M1.44M
CommonStockEquity42.96M51.35M34.17M30.88M
TotalCapitalization65.00M68.52M43.86M42.67M
TotalEquityGrossMinorityInterest42.96M51.35M34.17M30.88M
StockholdersEquity42.96M51.35M34.17M30.88M
GainsLossesNotAffectingRetainedEarnings-316.00K29.00K0.00
OtherEquityAdjustments-316.00K29.00K
RetainedEarnings-259.46M-243.01M-243.67M-235.19M
AdditionalPaidInCapital302.74M294.33M277.84M266.07M
CapitalStock0.000.000.000.00
CommonStock0.000.000.000.00
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest50.87M41.26M26.06M23.81M
TotalNonCurrentLiabilitiesNetMinorityInterest22.29M18.27M10.84M12.73M
NonCurrentAccruedExpenses0.00210.00K0.00
NonCurrentDeferredLiabilities42.00K21.00K0.00
NonCurrentDeferredTaxesLiabilities42.00K21.00K0.00
LongTermDebtAndCapitalLeaseObligation22.25M18.04M10.84M12.73M
LongTermCapitalLeaseObligation213.00K875.00K1.15M945.00K
LongTermDebt22.04M17.17M9.69M11.79M
CurrentLiabilities28.58M22.99M15.22M11.08M
CurrentDebtAndCapitalLeaseObligation12.89M5.52M6.23M4.11M
CurrentCapitalLeaseObligation772.00K895.00K520.00K493.00K
CurrentDebt12.12M4.62M5.71M3.62M
OtherCurrentBorrowings2.33M
LineOfCredit12.12M4.62M3.38M3.62M
PayablesAndAccruedExpenses15.69M17.47M8.99M6.96M
CurrentAccruedExpenses2.21M1.53M1.03M1.17M
Payables13.48M15.94M7.95M5.80M
OtherPayable5.57M8.89M4.46M3.18M
AccountsPayable7.92M7.05M3.49M2.62M
TotalAssets93.84M92.61M60.23M54.69M
TotalNonCurrentAssets26.72M27.74M10.91M10.36M
OtherNonCurrentAssets103.00K141.00K197.00K287.00K
GoodwillAndOtherIntangibleAssets15.66M17.39M3.55M3.60M
OtherIntangibleAssets8.36M10.09M344.00K400.00K
Goodwill7.30M7.30M3.21M3.21M
NetPPE10.96M10.21M7.17M6.47M
AccumulatedDepreciation-19.84M-19.68M-17.96M-17.17M
GrossPPE30.80M29.89M25.13M23.64M
Leases4.36M4.35M4.11M3.85M
OtherProperties24.83M23.99M19.75M18.55M
MachineryFurnitureEquipment1.61M1.56M1.27M1.24M
Properties0.000.000.000.00
CurrentAssets67.12M64.87M49.32M44.33M
OtherCurrentAssets1.60M1.33M673.00K844.00K
RestrictedCash22.00K208.00K209.00K144.00K
PrepaidAssets844.00K
Inventory38.63M36.88M17.29M17.95M
FinishedGoods29.20M28.05M10.86M11.76M
WorkInProcess2.81M1.56M798.00K571.00K
RawMaterials6.62M7.27M5.63M5.61M
Receivables20.66M20.73M10.85M7.15M
AccountsReceivable20.66M20.73M10.85M7.15M
AllowanceForDoubtfulAccountsReceivable-1.44M-920.00K-515.00K-552.00K
GrossAccountsReceivable22.10M21.65M11.37M7.71M
CashCashEquivalentsAndShortTermInvestments6.20M5.71M20.30M18.24M
CashAndCashEquivalents6.20M5.71M20.30M18.24M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-16.01M-10.97M-7.11M-1.68M
RepaymentOfDebt-105.21M-77.04M-54.52M-36.95M
IssuanceOfDebt117.64M83.22M54.23M36.36M
IssuanceOfCapitalStock4.46M14.01M9.31M18.43M
CapitalExpenditure-4.11M-1.46M-1.76M-2.12M
InterestPaidSupplementalData3.64M2.55M1.45M846.00K
EndCashPosition6.22M5.92M20.51M18.39M
BeginningCashPosition5.92M20.51M18.39M2.34M
EffectOfExchangeRateChanges-149.00K24.00K0.00
ChangesInCash447.00K-14.61M2.12M16.05M
FinancingCashFlow16.07M19.69M9.02M17.50M
CashFlowFromContinuingFinancingActivities16.07M19.69M9.02M17.50M
NetOtherFinancingCharges-829.00K-500.00K-337.00K
ProceedsFromStockOptionExercised13.00K0.000.00
NetCommonStockIssuance4.46M14.01M9.31M18.43M
CommonStockIssuance4.46M14.01M9.31M18.43M
NetIssuancePaymentsOfDebt12.43M6.18M-291.00K-592.00K
NetShortTermDebtIssuance7.50M1.24M-241.00K-131.00K
ShortTermDebtPayments-105.14M-76.98M-54.47M-36.49M
ShortTermDebtIssuance112.64M78.22M54.23M36.36M
NetLongTermDebtIssuance4.93M4.94M-50.00K-461.00K
LongTermDebtPayments-65.00K-63.00K-50.00K-461.00K
LongTermDebtIssuance5.00M5.00M0.00
InvestingCashFlow-3.73M-24.78M-1.56M-1.89M
CashFlowFromContinuingInvestingActivities-3.73M-24.78M-1.56M-1.89M
NetBusinessPurchaseAndSale0.00-23.50M0.00
PurchaseOfBusiness0.00-23.50M0.00
NetPPEPurchaseAndSale-3.73M-1.28M-1.56M-1.89M
SaleOfPPE383.00K175.00K205.00K225.00K
PurchaseOfPPE-4.11M-1.46M-1.76M-2.12M
OperatingCashFlow-11.90M-9.52M-5.34M439.00K
CashFlowFromContinuingOperatingActivities-11.90M-9.52M-5.34M439.00K
ChangeInWorkingCapital-5.35M-3.63M-2.81M793.00K
ChangeInPayablesAndAccruedExpense-1.88M6.77M2.02M-1.45M
ChangeInAccruedExpense-2.92M3.79M1.15M-1.11M
ChangeInPayable1.03M2.98M875.00K-332.00K
ChangeInAccountPayable1.03M2.98M875.00K-332.00K
ChangeInPrepaidAssets-218.00K220.00K261.00K-67.00K
ChangeInInventory-2.49M-1.89M-1.15M2.62M
ChangeInReceivables-755.00K-8.74M-3.94M-319.00K
ChangesInAccountReceivables-755.00K-8.74M-3.94M-319.00K
OtherNonCashItems496.00K-11.29M237.00K156.00K
StockBasedCompensation4.12M2.74M2.46M2.21M
ProvisionandWriteOffofAssets1.31M854.00K2.06M884.00K
DeferredTax21.00K-1.90M0.00
DeferredIncomeTax21.00K-1.90M0.00
DepreciationAmortizationDepletion4.22M3.17M1.29M1.33M
DepreciationAndAmortization4.22M3.17M1.29M1.33M
OperatingGainsLosses-264.00K-115.00K-93.00K-86.00K
GainLossOnSaleOfPPE-264.00K-115.00K-93.00K-86.00K
NetIncomeFromContinuingOperations-16.45M660.00K-8.48M-4.85M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for XTNT
Date User Asset Broker Type Position Size Entry Price Patterns