Organogenesis (ORGO) 10-Q 9 Aug 19 2019 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2019	Aug. 01, 2019
Document and Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2019
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q2
Entity Registrant Name	Organogenesis Holdings Inc.
Entity Central Index Key	0001661181
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Trading Symbol	ORGO
Entity Small Business	false
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Address, State or Province	MA
Entity Shell Company	false
Title of 12(b) Security	Class A Common Stock
Security Exchange Name	NASDAQ
Entity Common Stock, Shares Outstanding		91,343,389

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Current assets:
Cash	$ 20,040	$ 21,291
Restricted cash	119	114
Accounts receivable, net	34,157	34,077
Inventory	18,717	13,321
Prepaid expenses and other current assets	3,113	2,328
Total current assets	76,146	71,131
Property and equipment, net	40,751	39,623
Notes receivable from related parties	516	477
Intangible assets, net	23,844	26,091
Goodwill	25,539	25,539
Deferred tax asset	238	238
Other assets	1,040	579
Total assets	168,074	163,678
Current liabilities:
Deferred acquisition consideration	5,000	5,000
Redeemable common stock liability		6,762
Current portion of notes payable		2,545
Current portion of capital lease obligations	2,442	2,236
Accounts payable	22,278	19,165
Accrued expenses and other current liabilities	20,679	20,388
Total current liabilities	50,399	56,096
Line of credit	33,484	26,484
Notes payable, net of current portion		12,578
Term loan	39,662
Deferred rent	456	130
Capital lease obligations, net of current portion	14,655	15,418
Other liabilities	6,220	5,931
Total liabilities	144,876	116,637
Commitments and contingencies (Note 13)
Stockholders' equity (deficit):
Common stock, $0.0001 par value; 400,000,000 shares authorized; 92,071,270 and 91,261,413 shares issued; 91,342,722 and 91,261,413 shares outstanding at June 30, 2019 and December 31, 2018, respectively.	9	9
Additional paid-in capital	178,412	177,272
Accumulated deficit	(155,223)	(130,240)
Total stockholders' equity	23,198	47,041
Total liabilities and stockholders' equity	$ 168,074	$ 163,678

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Jun. 30, 2019	Dec. 31, 2018
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	400,000,000	400,000,000
Common stock, shares issued	92,071,270	91,261,413
Common stock, shares outstanding	91,342,722	91,261,413

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Income Statement [Abstract]
Net revenue	$ 64,948	$ 43,552	$ 122,071	$ 79,081
Cost of goods sold	19,446	17,300	36,426	31,821
Gross profit	45,502	26,252	85,645	47,260
Operating expenses:
Selling, general and administrative	48,957	37,735	97,850	75,900
Research and development	3,864	2,048	7,235	4,872
Write-off of deferred offering costs	0	3,494	0	3,494
Total operating expenses	52,821	43,277	105,085	84,266
Loss from operations	(7,319)	(17,025)	(19,440)	(37,006)
Other income (expense), net:
Interest expense, net	(2,187)	(2,781)	(3,965)	(5,191)
Change in fair value of warrants	0	(175)	0	(249)
Loss on the extinguishment of debt	0		(1,862)
Other income (expense), net	(120)	(2)	12	3
Total other income (expense), net	(2,307)	(2,958)	(5,815)	(5,437)
Net loss before income taxes	(9,626)	(19,983)	(25,255)	(42,443)
Income tax expense	(23)	(27)	(60)	(55)
Net loss	$ (9,649)	$ (20,010)	$ (25,315)	$ (42,498)
Net loss per share—basic and diluted	$ (0.11)	$ (0.30)	$ (0.28)	$ (0.65)
Weighted average common shares outstanding—basic and diluted	90,647,352	66,361,998	90,625,850	65,347,076

Consolidated Statement of Redee

Consolidated Statement of Redeemable Common Stock and Stockholders' Equity (Deficit) - USD ($) $ in Thousands	Total	Redeemable Common Stock	Common Stock	Additional Paid-in Capital	Accumulated Deficit
Balance at Dec. 31, 2017	$ (15,317)	$ 6,762	$ 6	$ 50,086	$ (65,409)
Balance (in shares) at Dec. 31, 2017		728,548	66,983,139
Exercise of stock options	44			44
Exercise of stock options (in shares)			30,450
Stock-based compensation expense	317			317
Net loss	(22,488)				(22,488)
Balance at Mar. 31, 2018	(37,444)	$ 6,762	$ 6	50,447	(87,897)
Balance (in shares) at Mar. 31, 2018		728,548	67,013,589
Balance at Dec. 31, 2017	(15,317)	$ 6,762	$ 6	50,086	(65,409)
Balance (in shares) at Dec. 31, 2017		728,548	66,983,139
Net loss	(42,498)
Balance at Jun. 30, 2018	(57,169)	$ 6,762	$ 6	50,732	(107,907)
Balance (in shares) at Jun. 30, 2018		728,548	67,040,639
Balance at Dec. 31, 2017	(15,317)	$ 6,762	$ 6	50,086	(65,409)
Balance (in shares) at Dec. 31, 2017		728,548	66,983,139
Balance at Dec. 31, 2018	$ 47,041		$ 9	177,272	(130,240)
Balance (in shares) at Dec. 31, 2018	91,261,413	728,548	91,261,413
Balance at Mar. 31, 2018	$ (37,444)	$ 6,762	$ 6	50,447	(87,897)
Balance (in shares) at Mar. 31, 2018		728,548	67,013,589
Exercise of stock options	34			34
Exercise of stock options (in shares)			27,050
Stock-based compensation expense	251			251
Net loss	(20,010)				(20,010)
Balance at Jun. 30, 2018	(57,169)	$ 6,762	$ 6	50,732	(107,907)
Balance (in shares) at Jun. 30, 2018		728,548	67,040,639
Balance at Dec. 31, 2018	$ 47,041		$ 9	177,272	(130,240)
Balance (in shares) at Dec. 31, 2018	91,261,413	728,548	91,261,413
Adoption of ASC 606	$ 332			0	332
Exercise of common stock warrants	628	$ 0	$ 0	628	0
Exercise of common stock warrants (in shares)		0	54,626
Stock-based compensation expense	224			224	0
Redemption of redeemable common stock placed into treasury	0	$ 0	$ 0	0	0
Redemption of redeemable common stock placed into treasury (in shares)		(728,548)	0
Net loss	(15,666)	$ 0	$ 0	0	(15,666)
Balance at Mar. 31, 2019	32,559	$ 0	$ 9	178,124	(145,574)
Balance (in shares) at Mar. 31, 2019		0	91,316,039
Balance at Dec. 31, 2018	$ 47,041		$ 9	177,272	(130,240)
Balance (in shares) at Dec. 31, 2018	91,261,413	728,548	91,261,413
Exercise of stock options (in shares)	26,683
Net loss	$ (25,315)
Balance at Jun. 30, 2019	$ 23,198	$ 0	$ 9	178,412	(155,223)
Balance (in shares) at Jun. 30, 2019	91,342,722	0	91,342,722
Balance at Mar. 31, 2019	$ 32,559	$ 0	$ 9	178,124	(145,574)
Balance (in shares) at Mar. 31, 2019		0	91,316,039
Exercise of stock options	54	$ 0	$ 0	54	0
Exercise of stock options (in shares)		0	26,683
Stock-based compensation expense	234			234	0
Net loss	(9,649)	$ 0	$ 0	0	(9,649)
Balance at Jun. 30, 2019	$ 23,198	$ 0	$ 9	$ 178,412	$ (155,223)
Balance (in shares) at Jun. 30, 2019	91,342,722	0	91,342,722

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Cash flows from operating activities:
Net loss	$ (25,315)	$ (42,498)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation	1,761	1,747
Amortization of intangible assets	2,997	1,834
Non-cash interest expense	154	345
Deferred interest expense	536	111
Deferred rent expense	326	28
Write-off of deferred offering costs	0	3,494
Provision (benefit) recorded for sales returns and doubtful accounts	27	(307)
Provision recorded for inventory reserve	523	1,833
Stock-based compensation	458	568
Change in fair value of warrant liability		249
Loss on extinguishment of debt	1,862
Changes in fair value of forfeiture rights		589
Changes in operating assets and liabilities:
Accounts receivable	723	5,342
Inventory	(6,087)	(1,648)
Prepaid expenses and other current assets	(785)	(1,857)
Accounts payable	1,473	7,217
Accrued expenses and other current liabilities	122	524
Accrued interest - affiliate debt		1,777
Other liabilities	(449)	414
Net cash used in operating activities	(21,674)	(20,238)
Cash flows from investing activities:
Purchases of property and equipment	(1,251)	(557)
Acquisition of intangible asset	(250)
Net cash used in investing activities	(1,501)	(557)
Cash flows from financing activities:
Line of credit borrowings	7,000	4,827
Proceeds from term loan	40,000
Proceeds from long—term debt—affiliates		10,000
Proceeds from notes payable		5,000
Repayment of notes payable	(17,585)	(10)
Proceeds from the exercise of stock options	54	78
Proceeds from the exercise of common stock warrants	628
Redemption of redeemable common stock placed into treasury	(6,762)
Principal repayments of capital lease obligations	(557)	(17)
Payment of debt issuance costs	(849)	(131)
Net cash provided by financing activities	21,929	19,747
Change in cash and restricted cash	(1,246)	(1,048)
Cash and restricted cash, beginning of period	21,405	2,358
Cash and restricted cash, end of period	20,159	1,310
Supplemental disclosure of cash flow information:
Cash paid for interest	3,890	2,507
Cash paid for income taxes	67	62
Supplemental disclosure of non-cash investing and financing activities:
Debt issuance costs included in accounts payable	75	25
Purchases of property and equipment in accounts payable and accrued expenses	1,638	$ 529
Amounts due related to acquisition of intangible assets included in accrued expenses and other liabilities	$ 500

Nature of the Business and Basi

Nature of the Business and Basis of Presentation	6 Months Ended
	Jun. 30, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Nature of the Business and Basis of Presentation	1. Nature of the Business and Basis of Presentation Organogenesis Holdings Inc. (formerly Avista Healthcare Public Acquisition Corp.) (“ORGO” or the “Company”) is a leading regenerative medicine company focused on the development, manufacture, and commercialization of solutions for the Advanced Wound Care and Surgical & Sports Medicine markets. The Company’s products have been shown through clinical and scientific studies to support and, in some cases, accelerate tissue healing and improve patient outcomes. The Company is advancing the standard of care in each phase of the healing process through multiple breakthroughs in tissue engineering and cell therapy. The Company’s solutions address large and growing markets driven by aging demographics and increases in comorbidities such as diabetes, obesity, cardiovascular and peripheral vascular disease and smoking. The Company offers differentiated products and in-house The Company offers a comprehensive portfolio of products in the markets it serves that address patient needs across the continuum of care. The Company has and intends to continue to generate data from clinical trials, real-world outcomes and health economics research that validate the clinical efficacy and value proposition offered by the Company’s products. The majority of the existing and pipeline products in the Company’s portfolio have Premarket Application approval, Business License Applicant approval or Premarket Notification 510(k) clearance from the United States Food and Drug Administration (“FDA”). Given the extensive time and cost required to conduct clinical trials and receive FDA approvals, the Company believes its data and regulatory approvals provide us a strong competitive advantage. The Company’s product development expertise and multiple technology platforms provide a robust product pipeline which the Company believes will drive future growth. Merger with Avista Healthcare Public Acquisition Corp On December 10, 2018, Avista Healthcare Public Acquisition Corp., our predecessor company (“AHPAC”), consummated the previously announced merger (the “Avista Merger”) pursuant to an Agreement and Plan of Merger, dated as of August 17, 2018 (as amended, the “Avista Merger Agreement”), by and among AHPAC, Avista Healthcare Merger Sub, Inc., a Delaware corporation and a direct wholly-owned subsidiary of AHPAC (“Avista Merger Sub”) and Organogenesis Inc., a Delaware corporation (“Organogenesis Inc.”). As a result of the Avista Merger and the other transactions contemplated by the Avista Merger Agreement, Avista Merger Sub merged with and into Organogenesis Inc., with Organogenesis Inc. surviving the Avista Merger and becoming a wholly-owned subsidiary of AHPAC. AHPAC changed its name to Organogenesis Holdings Inc. (ORGO). The Avista Merger was accounted for as a reverse merger in accordance with accounting principles generally accepted in the United States of America (“GAAP”). Under this method of accounting, AHPAC was treated as the “acquired” company for accounting purposes. This determination was primarily based on Organogenesis Inc.’s equity holders having a majority of the voting power of the combined company, Organogenesis Inc. comprising the ongoing operations of the combined entity, Organogenesis Inc. comprising a majority of the governing body of the combined company, and Organogenesis Inc.’s senior management comprising the senior management of the combined company. Accordingly, for accounting purposes, the Avista Merger was treated as the equivalent of Organogenesis Inc. issuing stock for the net assets of AHPAC, accompanied by a recapitalization. The net assets of AHPAC were recorded at historical cost, with no goodwill or other intangible assets recorded. Operations prior to the Avista Merger are those of Organogenesis Inc. Going Concern Through June 30, 2019, the Company has funded its operations primarily with cash flow from product sales and proceeds from loans from affiliates and entities controlled by its affiliates, sales of its common stock and third-party debt. The Company has incurred recurring losses since inception, including net losses of $9,649 and $25,315 for the three and six months ended June 30, 2019, respectively, and $20,010 and $42,498 for the three and six months ended June 30, 2018, respectively. In addition, as of June 30, 2019, the Company had an accumulated deficit of $155,223 and working capital of $25,747. The Company expects to continue to generate operating losses for the foreseeable future. As of August 9, 2019, the issuance date of the consolidated financial statements for the six months ended June 30, 2019, the Company expects that its cash of $20,040 as of June 30, 2019, plus cash flows from product sales and availability under the New Credit Agreement (see Note 9), which was entered into in March 2019, will be sufficient to fund its operating expenses, capital expenditure requirements and debt service payments through at least August 31, 2020. The Company may seek to raise additional funding through public and/or private equity financings, debt financings or other strategic transactions. There can be no assurance that the Company will be able to obtain additional debt or equity financing on terms acceptable to the Company, on a timely basis or at all. The failure of the Company to obtain sufficient funds on acceptable terms when needed could have a material adverse effect on the Company’s business, results of operations, and financial condition.

Summary of Significant Accounti

Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2019
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	2. Summary of Significant Accounting Policies Unaudited Interim Financial Information The accompanying unaudited consolidated financial statements have been prepared by management in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and in accordance with the rules and regulations of the Securities and Exchange Commission (the “SEC”) regarding interim financial reporting. Accordingly, they do not include all the information and footnotes required by generally accepted accounting principles for complete financial statements. While we believe that the disclosures presented are adequate in order to make the information not misleading, these unaudited quarterly financial statements should be read in conjunction with the financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2018 (the “Annual Report”). The unaudited consolidated financial statements include the accounts of Organogenesis Holdings Inc., and its wholly-owned subsidiary, Organogenesis Inc., and the wholly-owned subsidiaries of Organogenesis Inc., including Organogenesis GmbH (a Switzerland corporation) and Prime Merger Sub, LLC. For periods prior to the closing of the Avista Merger on December 10, 2018, the notes to the unaudited consolidated financial statements have been updated to give effect to the Avista Merger. All intercompany balances and transactions have been eliminated in consolidation. The Company considers events or transactions that occur after the balance sheet date but before the financial statements are issued to provide additional evidence relative to certain estimates or to identify matters that require additional disclosure. In the opinion of management, the unaudited consolidated financial statements reflect all adjustments of a normal recurring nature necessary for a fair presentation of our financial position, results of operations and cash flows at the dates and for the periods indicated. The results for the six months ended June 30, 2019 are not necessarily indicative of the results to be expected for the year ending December 31, 2019, any other interim periods, or any future year or period. Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported results of operations during the reporting period. Actual results could differ from those estimates. Summary of Significant Accounting Policies The Company’s significant accounting policies are described in Note 2, “Summary of Significant Accounting Policies,” to the Consolidated Financial Statements included in the Annual Report. There have been no material changes to the significant accounting policies previously disclosed in the Annual Report other than as noted below. Revenue from Contracts with Customers Revenue Recognition Revenue is recognized when, or as, obligations under the terms of a contract are satisfied, which occurs when control of the promised products or services is transferred to customers. Revenue is measured as the amount of consideration the Company expects to receive in exchange for transferring products or services to a customer (“transaction price”). To the extent the transaction price includes variable consideration, the Company estimates the amount of variable consideration that should be included in the transaction When determining the transaction price of a contract, an adjustment is made if payment from a customer occurs either significantly before or significantly after performance, resulting in a significant financing component. Applying the practical expedient in paragraph ASC 606-10-32-18, the Company does not assess whether a significant financing component exists if the period between when the Company performs its obligations under the contract and when the customer pays is one year or less. None of the Company’s contracts contained a significant financing component as of June 30, 2019. If the contract contains a single performance obligation, the entire transaction price is allocated to the single performance obligation. Contracts that contain multiple performance obligations require an allocation of the transaction price based on the estimated relative standalone selling prices of the promised products or services underlying each performance obligation. The Company determines standalone selling prices based on the price at which the performance obligation is sold separately. If the standalone selling price is not observable through past transactions, the Company estimates the standalone selling price taking into account available information such as market conditions and internally approved pricing guidelines related to the performance obligations. As of the adoption date of ASC 606, all of the Company’s contracts with customers contained a single performance obligation. Disaggregation of Revenue The following table sets forth revenue by product category: Three Months Ended June 30, 2019 2018 Advanced Wound Care $ 55,211 $ 36,890 Surgical & Sports Medicine 9,737 6,662 Total revenue $ 64,948 $ 43,552 Six Months Ended June 30, 2019 2018 Advanced Wound Care $ 103,055 $ 66,114 Surgical & Sports Medicine 19,016 12,967 Total revenue $ 122,071 $ 79,081 For the three and six months ended June 30, 2019, net PuraPly revenue totaled $29,691 and $55,138, respectively. For the three and six months ended June 30, 2018, net PuraPly revenue totaled $12,745 and $23,389, respectively. For all periods presented, revenue generated outside the US represented less than 1% of total revenue. Results for reporting periods beginning January 1, 2019 are presented under ASC 606, while prior period amounts are not adjusted and continue to be reported under the accounting standards in effect at that time. Please refer to the “Adoption of ASC Topic 606, Revenue from Contracts with Customers Product Revenue The Company generates revenue through the sale of Advanced Wound Care and Surgical & Sports Medicine products. In the Advanced Wound Care market, the Company focuses on the development and commercialization of advanced wound care products for the treatment of chronic and acute wounds, primarily in the outpatient setting. In the Surgical & Sports Medicine market, the Company focuses on products that support the healing of musculoskeletal injuries, including degenerative conditions such as Product revenue is recognized when the customer obtains control of the Company’s product which occurs at a point in time and may be upon shipment, upon procedure date, or upon delivery, based on the terms of a contract. Reserves for Variable Consideration Revenues from product sales are recorded at the net sales price (transaction price), which includes estimates of variable consideration for which reserves are established and which result from discounts or rebates that are offered within contracts between the Company and its customers relating to the Company’s sales of its products. These reserves are based on the amounts earned or to be claimed on the related sales and are classified as reductions of accounts receivable. Where appropriate, these estimates take into consideration a range of possible outcomes which are probability-weighted for relevant factors such as the Company’s historical experience, current contractual and statutory requirements, specific known market events and trends, industry data and forecasted customer buying and payment patterns. Overall, these reserves reflect the Company’s best estimates of the amount of consideration to which it is entitled based on the terms of the contract. The amount of variable consideration which is included in the transaction price may be constrained, and is included in the net sales price only to the extent that it is probable that a significant reversal in the amount of the cumulative revenue recognized will not occur in a future period. Actual amounts of consideration ultimately received may differ from the Company’s estimates. If actual results in the future vary from the Company’s estimates, the Company adjusts these estimates, which would affect net product revenue and earnings in the period such variances become known. Product Returns Consistent with industry practice, the Company generally offers customers a limited right of return for product purchased. The Company estimates the amount of its product sales that may be returned by its customers and records this estimate as a reduction of revenue in the period the related product revenue is recognized. The Company currently estimates product return reserves using its actual and historical return rates as well as factors that it becomes aware of that it believes could significantly impact its expected returns, including product recalls, pricing changes, or change in reimbursement rates. The Company does not record an asset for the returned product as the product is discarded upon receipt. Rebates and Allowances The Company provides certain customers with rebates and allowances that are explicitly stated in the Company’s contracts and are recorded as a reduction of revenue in the period the related product revenue is recognized, resulting in a reduction to revenue and the establishment of a liability Costs to Obtain or Fulfill a Customer Contract Applying the practical expedient in ASC 340-40-25-4, Adoption of ASC Topic 606, Revenue from Contracts with Customers The Company adopted ASC 606 on January 1, 2019, using the modified retrospective method for all contracts not completed as of the date of adoption. The reported results for the fiscal year 2019 reflect the application of ASC 606 guidance while the reported results for the fiscal year 2018 were prepared under the guidance of ASC 605, Revenue Recognition The adoption of ASC 606 will more closely align revenue recognition with the delivery of the Company’s services and will provide financial statement readers with enhanced disclosures. Historically, for certain customers, products were shipped in advance of the receipt of the purchase order and the Company recognized revenue on these products only upon receipt of a purchase order which is when the transaction price was deemed fixed and determinable. As control of these products has transferred upon use of the product in a procedure, the recognition of revenue will be accelerated to the procedure date under ASC 606. The adoption of ASC 606 did not have a material impact on the Company’s consolidated financial position, results of operations, equity or cash flows as of the adoption date or for the three and six months ended June 30, 2019. Reclassification of Prior Period Balances Reclassifications have been made to prior period amounts to conform to the current-year presentation of the reporting of deferred interest and principal on outstanding capital lease obligations and deferred tenant escalations as long-term liabilities on the consolidated balance sheets. The deferred interest and tenant escalation amounts were previously reported as accrued expenses on the consolidated balance sheets and the deferred principal on the capital lease obligations were recorded as part of the current portion of capital lease obligations on the consolidated balance sheet. These reclassifications have no effect on the reported net loss, equity or cash flow for the periods ended June 30, Recent Accounting Pronouncements – Issued But Not Yet Adopted In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) (“ASU 2016-02”), which applies to all leases and will require lessees to record most leases on the balance sheet but recognize expense in a manner similar to the current standard. In July 2018, the FASB issued ASU 2018-10, Codification Improvements to Topic 842, Leases, which provides narrow amendments to clarify how to apply certain aspects of ASU 2016-02, and ASU 2018-11, Leases (Topic 842): Targeted Improvements, which provides adopters an additional transition method by allowing entities to initially apply ASU 2016-02, and subsequent related standards, at the adoption date and recognize a cumulative-effect adjustment to the opening balance of retained earnings in the period of adoption. Additionally, in March 2019, the FASB issued ASU 2019-01, Leases (Topic 842): Codification Improvements, which clarifies the transition guidance related to interim disclosures provided in the year of adoption. ASU 2016-02 is effective for fiscal years beginning after December 15, 2018 for public business entities and interim periods within those years and for all other entities for years beginning after December 15, 2019. In July, 2019, FASB tentatively decided to defer the effective date for nonpublic business entities to fiscal years beginning after December 15, 2020. The Company is a public entity but took advantage of the relief provided for emerging growth companies to allow them to follow the private company adoption timelines. The Company plans to postpone its initial planned adoption date of January 1, 2020 based on the FASB’s tentative decision. Entities are required to use a modified retrospective approach of adoption for leases that exist or are entered into after the beginning of the transition date. Full retrospective application is prohibited. The Company continues to evaluate the impact of adopting this standard on its accounting policies, financial statements, business processes, systems and internal controls. The Company expects to recognize substantially all of its leases on the balance sheet by recording a right-to-use asset and a corresponding lease liability. Recently Adopted Accounting Pronouncements In June 2018, the FASB issued ASU 2018-07, “Compensation-Stock Compensation (Topic 718): Improvements to Nonemployee Share-Based Payment Accounting”. This ASU expands the scope of Topic 718, Compensation—Stock Compensation to include share-based payments issued to nonemployees for goods or services. Under the new guidance, the existing employee guidance will apply to nonemployee share based transactions (as long as the transaction is not effectively a form of financing), with the exception of specific guidance related to the attribution of compensation cost. The cost of nonemployee awards will continue to be recorded as if the grantor had paid cash for the goods or services. The accounting standards update is effective for public business entities for fiscal years beginning after December 15, 2018, including interim periods within that fiscal year. The Company adopted this standard, beginning with its financial reporting for the quarter ended June 30, 2019 due to the option activity to nonemployees in the quarter. The adoption of this standard did not have any material effect on the Company’s consolidated financial statements or any component of stockholder’s equity.

Fair Value of Financial Assets

Fair Value of Financial Assets and Liabilities	6 Months Ended
	Jun. 30, 2019
Fair Value Disclosures [Abstract]
Fair Value of Financial Assets and Liabilities	3. Fair Value of Financial Assets and Liabilities The following table presents information about the Company’s financial assets and liabilities measured at fair value on a recurring basis and indicates the level of the fair value hierarchy utilized to determine such fair values as of December 31, 2018. The redeemable common stock liability was settled in March 2019 as described below. Fair Value Measurements as of December 31, 2018 Using: Level 1 Level 2 Level 3 Total Liabilities: Redeemable common stock liability $ — $ — $ 6,762 $ 6,762 $ — $ — $ 6,762 $ 6,762 Redeemable Common Stock On March 24, 2017, the Company issued 728,548 shares of Class A common stock in connection with the NuTech Medical acquisition (see Note 7), which were recorded at their fair value of $8.69 per share. These shares included a put right allowing the holder to put the shares back to the Company at an agreed-upon exercise price of $9.28 per share on March 24, 2019. The Company also had the right to call the shares at an agreed-upon exercise price of $9.28 per share prior to the second anniversary of the acquisition. These shares had been classified as temporary equity and had been accreted to the full redemption amount of $9.28 per share as the holder had the right to exercise the put right on March 24, 2019. These shares had the same rights and preferences as common stock. In December 2018, the Company received notification that the put option would be exercised. Accordingly, the Company reclassified the carrying value of the redeemable Class A common stock of $6,762 to a current liability as of December 31, 2018. The liability was settled in March 2019. As of June 30, 2019, the aforementioned 728,548 shares are held as treasury stock.

Accounts receivable, net

Accounts receivable, net	6 Months Ended
	Jun. 30, 2019
Receivables [Abstract]
Accounts receivable, net	4. Accounts Receivable, Net Accounts receivable consisted of the following: June 30, December 31, 2019 2018 Accounts receivable $ 37,178 $ 37,497 Less — allowance for sales returns and doubtful accounts (3,021 ) (3,420 ) $ 34,157 $ 34,077 The Company’s allowance for sales returns and doubtful accounts was comprised of the following: Three Months Ended June 30, Six Months Ended June 30, 2019 2018 2019 2018 Balance at beginning of period $ 3,292 $ 2,957 $ 3,420 $ 3,225 Additions (reductions) 103 (100 ) 27 (307 ) Write-offs (374 ) (4 ) (426 ) (65 ) Balance at end of period $ 3,021 $ 2,853 $ 3,021 $ 2,853

Inventories

Inventories	6 Months Ended
	Jun. 30, 2019
Inventory Disclosure [Abstract]
Inventories	5. Inventories Inventories, net of related reserves for excess and obsolescence, consisted of the following: June 30, December 31, 2019 2018 Raw materials $ 7,379 $ 4,711 Work in process 1,632 1,759 Finished goods 9,706 6,851 $ 18,717 $ 13,321 Raw materials include various components used in the Company’s manufacturing process. The Company’s excess and obsolete inventory review process includes analysis of sales forecasts and historical sales as compared to inventory level, and working with operations to maximize recovery of excess inventory. During the three months ended June 30, 2019 and 2018, the Company charged $265 and $579, respectively, for inventory excess and obsolescence to cost of goods sold within the consolidated statements of operations. During the six months ended June 30, 2019 and 2018, the Company charged $523 and $1,833, respectively for inventory excess and obsolescence to cost of goods sold within the consolidated statements of operations. As of June 30, 2019 and December 31, 2018, the Company recorded a reserve for excess and obsolete inventory of $1,157 and $1,206, respectively.

Property and Equipment, Net

Property and Equipment, Net	6 Months Ended
	Jun. 30, 2019
Property, Plant and Equipment [Abstract]
Property and Equipment, Net	6. Property and Equipment, Net Property and equipment consisted of the following: June 30, December 31, 2019 2018 Leasehold improvements $ 34,425 $ 34,345 Furniture, computers and equipment 45,467 44,752 79,892 79,097 Accumulated depreciation and amortization (64,185 ) (62,435 ) Construction in progress 25,044 22,961 $ 40,751 $ 39,623 Depreciation expense was $859 and $875 for the three months ended June 30, 2019 and 2018, respectively. Depreciation expense was $1,761 and $1,747 for the six months ended June 30, 2019 and 2018, respectively. As of June 30, 2019 and December 31, 2018, the Company had $21,689 of buildings under capital leases recorded within leasehold improvements. As of June 30, 2019 and December 31, 2018, the Company had $13,178 and $12,579 recorded within accumulated depreciation and amortization related to buildings under capital leases, respectively. Construction in progress primarily represents unfinished construction work on the 275 Dan Road SPE, LLC

Goodwill and Intangible Assets

Goodwill and Intangible Assets	6 Months Ended
	Jun. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	7. Goodwill and Intangible Assets In March 2017, the Company purchased Nutech Medical, Inc. (“NuTech Medical”) pursuant to an Agreement of Plan of Merger (“NuTech Merger Agreement”) dated March 18, 2017. The Company recorded $19,446 of goodwill associated with this acquisition. Goodwill was $25,539 as of June 30, 2019 and December 31, 2018. There were no impairments recorded against goodwill during the three and six months ended June 30, 2019 and year ended December 31, 2018. In April, 2019, the Company purchased $750 of intangibles related to patent and know-how which were recorded within developed technology category. The Company paid $250 at the time of the transaction. The remaining $500 is to be paid over the next eight quarters and is recorded in accrued expenses and other current liabilities and other liabilities on the consolidated balance sheets. Identifiable intangible assets consisted of the following as of June 30, 2019: Original Accumulated Net Book Cost Amortization Value Developed technology $ 30,570 $ (9,834 ) $ 20,736 Trade names and trademarks 2,000 (532 ) 1,468 Independent sales agency network 4,500 (3,035 ) 1,465 Non-compete 260 (85 ) 175 Total $ 37,330 $ (13,486 ) $ 23,844 Identifiable intangible assets consisted of the following as of December 31, 2018: Original Accumulated Net Book Cost Amortization Value Developed technology $ 29,820 $ (8,454 ) $ 21,366 Trade names and trademarks 2,000 (413 ) 1,587 Independent sales agency network 4,500 (1,569 ) 2,931 Non-compete 260 (53 ) 207 Total $ 36,580 $ (10,489 ) $ 26,091 Amortization of intangible assets, calculated on a $1,499 and $917 for the three months ended June 30, 2019 and 2018, respectively and $2,997 and $1,834 for the six months ended June 30, 2019 and 2018, respectively.

Accrued Expenses

Accrued Expenses	6 Months Ended
	Jun. 30, 2019
Payables and Accruals [Abstract]
Accrued Expenses	8. Accrued Expenses Accrued expenses and other current liabilities consisted of the following: June 30, December 31, 2019 2018 Accrued personnel costs $ 15,207 $ 15,218 Other 5,472 5,170 $ 20,679 $ 20,388

Line of Credit and Notes Payabl

Line of Credit and Notes Payable	6 Months Ended
	Jun. 30, 2019
Line of Credit Facility [Abstract]
Line of Credit and Notes Payable	9. Line of Credit and Notes Payable Line of credit and notes payable consisted of the following: June 30, December 31, 2019 2018 Line of credit $ 33,484 $ 26,484 Term loan 40,000 — Less debt discount (338 ) — less current maturities — — Term loan, net of debt discount $ 39,662 $ — Notes payable — 15,885 Less debt discount — (762 ) less current maturities — (2,545 ) Notes payable, net of debt discount $ — $ 12,578 New Credit Agreement In March 2019, the Company and its subsidiaries, Organogenesis Inc. and Prime Merger Sub, LLC (collectively, and jointly and severally, “Borrower”), and Silicon Valley Bank (“SVB”), as Administrative Agent, Issuing Lender and Swingline Lender, and the several other lenders thereto (the “Lenders”) entered into a Credit Agreement (the “New Credit Agreement”) providing for a term loan (the “Term Loan Facility”) and a revolving credit facility (the “Revolving Facility”, and together with the Term Loan Facility, the “Debt Facility”) in an aggregate principal amount of $100,000. The Term Loan Facility is structured in three tranches, as follows: (i) the first tranche of $40,000 was made available to Borrower and fully funded on March 14, 2019; (ii) the second tranche of $10,000 will be made available to Borrower until September 30, 2019 upon: (a) the Lenders’ receipt of financial statements for the quarter ended June 30, 2019, (b) Borrower’s demonstrated compliance with the financial covenants in the New Credit Agreement and (c) Borrower’s achievement of trailing twelve month Consolidated Revenue of not less than $221,250 and a trailing three month Adjusted EBITDA (as defined in the New Credit Agreement) loss not in excess of $5,000; and (iii) the third tranche of $10,000 will be made available to Borrower until March 31, 2020 upon the Lenders’ confirmation of Borrower’s compliance with the financial covenants in the New Credit Agreement through December 31, 2019 and Borrower’s achievement of trailing twelve month Consolidated Revenue not less than $231,500, provided, however, that if Borrower does not achieve the milestones required for the second tranche, the amount that may become available under the third tranche will be increased from $10,000 to $20,000. The interest rate for term loan advances made under the Term Loan Facility is a per annum interest rate equal to 3.75% above the Wall Street Journal Prime Rate. The New Credit Agreement requires Borrower to make monthly interest-only payments on outstanding balances under the Term Loan Facility through March 14, 2021. Thereafter, each term loan advance will be repaid in thirty-six Borrower’s final payment on the Term Loan Facility, due on the Term Loan Maturity Date, will include all outstanding principal and accrued and unpaid interest under the Term Loan Facility, plus a final payment (the “Final Payment”) equal to the original aggregate principal amount of the Term Loan Facility multiplied by 6.25%. Borrower may prepay the Term Loan Facility, subject to paying the Prepayment Premium (described below) and the Final Payment. The Prepayment Premium is equal to 3.00% of the outstanding principal amount of the Term Loan Facility if the prepayment occurs on or prior to the one year anniversary of the re-borrowed. The Revolving Facility is equal to the lesser of $40,000 and the amount determined by the Borrowing Base, which is defined as a percentage of the Company’s book value of qualifying finished goods inventory and eligible accounts receivable. The interest rate for advances under the Revolving Facility is a floating per annum interest rate equal to the Wall Street Journal Prime Rate. In the event that the aggregate amount of interest earned by the Lenders from the Revolving Facility in any given month is less than the interest that would have been earned if Borrower had average outstanding advances in an amount equal to 25% of the then-available Revolving Commitments (as defined in the New Credit Agreement) then Borrower must pay the Agent Minimum Interest (as defined in the New Credit Agreement) in an amount equal to interest that would have accrued if average outstanding advances under the Revolving Facility had been 25% of the then-available Revolving Commitments less any interest actually earned by the Lenders. Borrower is also required to pay an unused line fee equal to 0.25% per annum, calculated based on the difference of $40,000 minus Borrower may elect to reduce or terminate the Revolving Facility in its entirety at any time by repaying all outstanding principal, unpaid accrued interest and a reduction or termination fee equal to 4.00% of the aggregate Revolving Commitments so reduced or terminated if the reduction or termination occurs on or prior to the one year anniversary of the closing, 3.00% of the aggregate Revolving Commitments so reduced or terminated if the reduction or termination occurs after such one year anniversary and prior to the second anniversary of the closing, and 2.00% of the aggregate Revolving Commitments so reduced or terminated if the reduction or termination occurs after the two year anniversary but prior to the three year anniversary of the closing, and $0 thereafter. Under the New Credit Agreement, Borrower is required to achieve Minimum Trailing Twelve Month Consolidated Revenue (as defined in the New Credit Agreement), tested quarterly, at the following levels: $200,000 for the trailing twelve months ending March 31, 2019; $213,500 for the trailing twelve months ending June 30, 2019; $221,250 for the trailing twelve months ending September 30, 2019; and $231,500 for the trailing twelve months ending December 31, 2019, with minimum revenue covenant levels for 2020 to be agreed between the Lenders and the Borrower no later than February 15, 2020. In addition, Borrower is required to maintain Minimum Liquidity (as defined in the New Credit Agreement) equal to the greater of (i) 6 months Monthly Burn (as defined in the New Credit Agreement) and (ii) $10,000. As of June 30, 2019, the Company has drawn down the first tranche of $40,000 from the Term Loan Facility and has an outstanding balance of $33,484 under the Revolving Facility with up to $6,516 (subject to the Borrowing Base) available for future revolving borrowings. The Company incurred costs of $554 in connection with the Term Loan Facility, of which $370 is recorded as a reduction of the carrying value of the term loan on the Company’s consolidated balance sheet and is being amortized to interest expense through the Term Loan Maturity Date and $184 related to the second and third tranche is recorded in other assets until the respective funding occurs. $370,which are recorded as other assets and amortized to interest expense through March 14, 2024. Future payments of Term Loan Facility, as of June 30, 2019, are as follows for the calendar years ended December 31: 2019 $ — 2020 — 2021 12,222 2022 13,333 2023 13,333 2024 1,112 Total $ 40,000 As of June 30, 2019, the Company was in compliance with the financial covenants under the New Credit Agreement. The Company also satisfied the requirement for trailing twelve month Consolidated Revenue and trailing three month Adjusted EBITDA and will have access to the second tranche of $10.0 million borrowings under the New Credit Agreement. Credit Agreement On March 21, 2017, the Company entered into a credit agreement (the “Credit Agreement”) with SVB whereby SVB agreed to extend to the Company a revolving credit facility in an aggregate amount not to exceed $30,000 with a letter of credit sub-facility sub-facility sub-facilities In April 2018, the Company further amended its Credit Agreement in order to receive additional funding of $5,000 through a term loan. The amendment increased the commitment under the Credit Agreement to an aggregate amount not to exceed $35,000, consisting of a term loan not to exceed $5,000 and a revolving loan not to exceed $30,000. In December 2018, the Company fully repaid and cancelled the term loan including the outstanding principal and accrued and unpaid On March 14, 2019, $26,541, representing all outstanding amounts relating to the revolving borrowing due under the Credit Agreement, including unpaid principal and accrued interest, was rolled into the New Credit Agreement. Master Lease Agreement On April 28, 2017, the Company entered into the Master Lease Agreement (the “ML Agreement”) with Eastward Fund Management LLC that allowed the Company to borrow up to $20,000 on or prior to June 30, 2018. Of the allowable amount, the Company borrowed a total of $16,000. If the Company elected to prepay the loan or terminated the loan early within the first 24 months, the Company was required to pay an additional 3% of the outstanding principal and any accrued and unpaid interest and fees. This prepayment fee decreased to 2% after the first 24 months. A final payment fee of 6.5% multiplied by the principal amount of the borrowings under the ML Agreement was due upon the earlier to occur of the first day of the final payment term month or prepayment of all outstanding principal. In March 2019, upon entering into the New Credit Agreement, the Company paid an aggregate amount of $17,649 due under the ML Agreement, including unpaid principal, accrued interest, final payment, and early termination penalty, with proceeds from the New Credit Agreement, and the ML Agreement was terminated. Upon termination of the ML Agreement, the Company recognized $1,862 as loss on the extinguishment of the loan.

Stockholders' Equity

Stockholders' Equity	6 Months Ended
	Jun. 30, 2019
Equity [Abstract]
Stockholders' Equity	10. Stockholders’ Equity Common Stock As of June 30, 2019, the authorized capital stock of the Company included 400,000,000 shares of Class A common stock, $0.0001 par value, At June 30, 2019 and December 31, 2018, the Company has reserved the following shares of Class A common stock for future issuance: June 30, December 31, 2019 2018 Shares reserved for issuance for outstanding options 6,652,362 6,590,195 Shares reserved for issuance for future option grant 9,008,996 9,108,996 Shares reserved for issuance under the warrants 17,678,074 17,732,700 Total shares of authorized common stock reserved for future issuance 33,339,432 33,431,891

Stock-Based Compensation

Stock-Based Compensation	6 Months Ended
	Jun. 30, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-Based Compensation	11. Stock-Based Compensation Stock Incentive Plans 2018 Stock Incentive Plan On November 28, 2018, the board of directors of the Company adopted, and on December 10, 2018 the Company’s stockholders approved, the Organogenesis 2018 Equity and Incentive Plan (the “2018 Plan”). The purposes of the 2018 Plan are to provide long-term incentives and rewards to the Company’s employees, officers, directors and other key persons (including consultants), to attract and retain persons with the requisite experience and ability, and to more closely align the interests of such employees, officers, directors and other key persons with the interests of the Company’s stockholders. The 2018 Plan authorizes the Company’s board of directors or a committee of not less than two independent directors (in either case, the “Administrator”) to grant the following types of awards: non-statutory As of June 30, 2019, a total of 9,198,996 shares of Class A common stock have been authorized to be issued under the 2018 Plan (subject to adjustment in the case of any stock dividend, stock split, reverse stock split, or similar change in capitalization of the Company). As of June 30, 2019, options to purchase 190,000 shares of Class A common stock were outstanding under the 2018 Plan. No other awards have been issued under the 2018 Plan. 2003 Stock Incentive Plan The Organogenesis 2003 Stock Incentive Plan (the “2003 Plan”), provides for the Company to issue restricted stock awards, or to grant incentive stock options or non-statutory non-statutory As of the closing of the Avista Merger on December 10, 2018, a total of 7,176,715 shares of Class A common stock were issuable upon exercise of outstanding options under the 2003 Plan. Effective as of the closing of the Avista Merger on December 10, 2018, no additional awards may be made under the 2003 Plan and as a result (i) any shares in respect of stock options that are expired or terminated under the 2003 Plan without having been fully exercised will not be available for future awards; (ii) any shares in respect of restricted stock that are forfeited to, or otherwise repurchased by us, will not be available for future awards; and (iii) any shares of common stock that are tendered to the Company by a participant to exercise an award will not be available for future awards. Following the closing of the Avista Merger, the 2003 Plan is administered by the Company’s board of directors. Stock-Based Compensation Expenses Stock options awarded under the 2018 Plan and the 2003 Plan expire 10 years after the grant date and typically vest over four or five years. Stock-based compensation expense was $234 and $251 for the three months ended June 30, 2019 and 2018, respectively and was $458 and $568 for the six months ended June 30, 2019 and 2018, respectively. The total amount of stock-based compensation expenses was included within selling, general and administrative on the consolidated statements of operations. Stock Option Valuation The stock options granted during the six months ended June 30, 2019 and June 30, 2018 were 100,000 and 78,111, respectively. The assumptions that the Company used to determine the grant-date fair value of stock options granted during these periods were as follows, presented on a weighted average basis: 2019 2018 Risk-free interest rate 2.24 % 2.74 % Expected term (in years) 6.50 5.82 Expected volatility 42.7 % 42.9 % Expected dividend yield 0.0 % 0.0 % Exercise price $ 7.08 $ 5.40 Underlying stock price $ 7.08 $ 5.40 These assumptions resulted in an estimated weighted average grant-date fair value per share of stock options granted during the six months ended June 30, 2019 and 2018 of $3.24 and $2.39, respectively. Stock Option Activity The following table summarizes the Company’s stock option activity since December 31, 2018 (in thousands, except share and per share amounts): Weighted Average Weighted Remaining Average Contractual Aggregate Number of Exercise Term Intrinsic Shares Price (in years) Value Outstanding as of December 31, 2018 7,266,185 $ 1.92 5.89 33,909 Granted 100,000 7.08 Cancelled / forfeited (11,150 ) 2.87 Exercised (26,683 ) 1.98 137 Outstanding as of June 30, 2019 7,328,352 1.99 5.51 41,129 Options exercisable as of June 30, 2019 5,683,274 1.55 4.82 34,359 Options vested or expected to vest as of June 30, 2019 7,050,203 $ 1.90 5.39 40,206 The aggregate intrinsic value of stock options is calculated as the difference between the exercise price of the stock options and the fair value of the Company’s Class A common stock for those stock options that had exercise prices lower than the fair value of the Company’s Class A common stock. The total fair value of options vested during the six months ended June 30, 2019 and 2018 was $344 and $297, respectively. As of June 30, 2019, the total unrecognized stock compensation expense was $1,610 and is expected to be recognized over a weighted-average period of 2.75 years. At June 30, 2019, there were partial recourse notes outstanding totaling $635, 675,990

Net Loss Per Share

Net Loss Per Share	6 Months Ended
	Jun. 30, 2019
Earnings Per Share [Abstract]
Net Loss Per Share	12. Net Loss per Share The Company’s potentially dilutive securities, which include stock options and warrants to purchase shares of Class A common stock, have been excluded from the computation of diluted net loss per share as the effect would be to reduce the net loss per share. Therefore, the weighted average number of common shares outstanding used to calculate both basic and diluted net loss per share attributable to common stockholders is the same. The Company excluded the following potential shares of Class A of common stock, presented based on amounts outstanding at each period end, from the computation of diluted net loss per share attributable to Organogenesis Holdings Inc. for the periods indicated because including them would have had an anti-dilutive effect: Six Months Ended June 30, 2019 2018 Options to purchase common stock 7,328,352 7,206,746 Redeemable common stock — 728,548 Warrants to purchase common stock 17,678,074 1,561,485 25,006,426 9,496,779

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2019
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure	13. Commitments and Contingencies Capitalized Leases On January 1, 2013, the Company entered into capital lease arrangements with 65 Dan Road SPE, LLC, 85 Dan Road Associates, LLC, Dan Road Equity I, LLC and 275 Dan Road SPE, LLC for office and laboratory space in Canton, Massachusetts. 65 Dan Road SPE, LLC, 85 Dan Road Associates, LLC, Dan Road Equity I, LLC and 275 Dan Road SPE, LLC are related parties as the owners of these entities are also stockholders of the Company. The leases terminate on December 31, 2022 and each contains a renewal option for a five-year period at the greater of (i) rent for the last year of the prior term, or (ii) rental rates equal to the then fair market value. Notice of the exercise of this renewal option is due one year prior to the expiration of the initial term. Aggregate annual lease payments are approximately $4,308 with future rent increases of 10% effective January 1, 2022. The Company records the capital lease asset within property and equipment and the liability is recorded within the capital lease obligations on the consolidated balance sheets. As of June 30, 2019 and December 31, 2018, the Company owed an aggregate of $10,336 and $10,293, respectively, of accrued but unpaid lease obligations. These accrued but unpaid lease obligations are subordinated to the New Credit Agreement and $5,776 and $5,265 as of June 30, 2019 and December 31, 2018, respectively and is included in the long-term portion of capital lease obligations. The interest portion of rent in arrears totaled $3,780 and $4,174 as of June 30, 2019 and December 31, 2018, respectively and is included in other liabilities on the consolidated balance sheets. In addition to rent, the Company is responsible for payment of all operating costs and common area maintenance under the aforementioned leases. As of June 30, 2019 and December 31, 2018 the Company owed $780 and $854, respectively, of operating and common area maintenance costs which are included in other liabilities on the consolidated balance sheets. Effective April 1, 2019, the Company agreed to accrue interest on the accrued but unpaid lease obligations at an interest rate equal to the rate charged in the New Credit Agreement (see Note 9). The accrued interest is also subordinated to the New Credit Agreement and, as such, is included in other liabilities on the consolidated balance sheet. Interest accrued in the period ended June 30, 2019 totaled $239. Future obligations under capital leases in the aggregate and for the next five years is as follows: 2019 (remaining six months) $ 2,154 2020 4,308 2021 4,308 2022 4,738 2023 — Thereafter 9,556 25,064 Less amount representing interest (7,967 ) Present value of minimum lease payments 17,097 Less current maturities (2,442 ) Long-term portion $ 14,655 Operating Leases During November 2011, the Company entered into vehicle lease and fleet services agreements for the lease of vehicles and service on these vehicles for certain employees. The minimum lease term for each newly leased vehicle is one year with three consecutive one-year During March 2014, in conjunction with the acquisition of Dermagraft from Shire plc, the Company entered into a rental sublease agreement for certain operating and office space in California. The original sublease agreements called for escalating monthly rental payments and were set to expire on January 2017. These sublease agreements were renegotiated in 2016 and subsequently extended through 2021. On March 13, 2019, the Company entered into an agreement to lease approximately 43,850 square feet of office and laboratory space in Norwood, Massachusetts. Pursuant to the lease agreement, the lease commenced on March 13, 2019. The rent commencement date will be February 1, 2020. The initial lease term is ten years from the rent commencement date and includes an early option for an early extension term of five years which is exercisable during the first two years after the rent commencement date. In addition to the early extension term, the lease provides the Company with an option to extend the lease term for a period of ten years, in addition to the five-year early extension term, if exercised, at rental rates equal to the then fair market value. Annual lease payments during the first year are $1,052 with increases of $44 each year during the initial ten-year Operating lease expense was $1,603 and $1,104 for the three months ended June 30, 2019 and 2018, respectively and was $2,925 and $2,153 for the six months ended June 30, 2019 and 2018, respectively. Future minimum lease payments due under noncancelable operating lease agreements as of June 30, 2019 are as follows: 2019 (remaining six months) $ 2,284 2020 5,343 2021 4,821 2022 2,216 2023 1,180 Thereafter 8,124 $ 23,968 Royalty Commitments The Company entered into a license agreement with a university for certain patent rights related to the development, use, and production of one of its advanced wound care products. Under this agreement, the Company incurred a royalty based on a percentage of net product sales, for the use of these patents until the patents expired, which was in November 2006. Accrued royalties totaled $1,187 as of June 30, 2019 and December 31, 2018, and are classified as part of accrued expenses on the Company’s consolidated balance sheets. There was no royalty expense incurred during the three and six months ended June 30, 2019 and 2018 related to this agreement. In October 2017, the Company entered into a license agreement to resolve a patent infringement claim by a third party. Under the license agreement, the Company is required to pay royalties based on a percentage of net sales of the licensed product that occur, after December 31, 2016, through the expiration date of the underlying patent, subject to minimum royalty payment provisions. The Company recorded royalty expense of $916 and $313 during the three months ended June 30, 2019 and 2018, respectively, within selling, general and administrative expenses on the consolidated statement of operations. The Company recorded royalty expense of $1,704 and $701 during the six months ended June 30, 2019 and 2018, respectively, within selling, general and administrative expenses on the consolidated statement of operations. Legal Proceedings In conducting its activities, the Company, from time to time, is subject to various claims and also has claims against others. In management’s opinion, the ultimate resolution of such claims would not have a material effect on the financial position of the Company. The Company accrues for these claims when amounts due are probable and estimable. The Company accrued $1,000 as of June 30, 2019 and December 31, 2018 in relation to certain pending lawsuits. The purchase price for NuTech Medical included $7,500 of future payments issued as deferred acquisition consideration. As of June 30, 2019, the Company has paid $2,500 in deferred acquisition consideration. The amount, if any, of the remaining $5,000 of deferred acquisition consideration plus accrued interest owed to the sellers of NuTech Medical is currently in dispute. As of June 30, 2019, the Company recorded $767 of accrued interest related to the deferred acquisition consideration which is recorded in accrued expenses and other current liabilities. The Company has asserted certain claims for indemnification that would offset in whole or in part its payment obligation and the sellers of NuTech Medical have filed a lawsuit alleging breach of contract and seeking specific performance of the alleged payment obligation and attorneys’ fees.

Related Party Transactions

Related Party Transactions	6 Months Ended
	Jun. 30, 2019
Related Party Transactions [Abstract]
Related Party Transactions	14. Related Party Transactions Capital lease obligations to affiliates are further described in Note 13. During 2010, the Company’s board of directors approved a loan program that permitted the Company to make loans to three executives of the Company (the “Employer Loans”) to (i) provide them with liquidity (“Liquidity Loans”) and (ii) fund the exercise of vested stock options (“Option Loans”). The Employer Loans mature with all principal and accrued interest due on the tenth anniversary of the issuance date of each subject loan, except that in certain circumstances the Employer Loans may mature earlier. The borrower may prepay all or any portion of his Employer Loan at any time without premium or penalty. Interest on the Employer Loans accrues at various rates ranging from 2.30%—3.86% per annum, compounded annually. The Employer Loans are secured by stock and options in the Company held by the borrowers. With respect to the Liquidity Loans, the Company has no personal recourse against the borrowers beyond the pledged shares and options. As of June 30, 2019 and December 31, 2018, Liquidity Loans to two former executives remain outstanding with an aggregate principal balance of $2,350. As of June 30, 2019 and December 31, 2018, Option Loans to one former executive were outstanding with an aggregate principal balance of $635 and were secured by 675,990 shares of Class A common stock held by the former executive (see Note 11). The net principal and interest receivable under the Employer Loans as of June 30, 2019 and December 31, 2018 was $516 and $477, respectively, and is included in the notes receivable from related parties balance in the consolidated balance sheets. Interest income related to these notes was $20 and $20 for the three months ended June 30, 2019 and 2018, respectively and was $39 and $39 for the six months ended June 30, 2019 and 2018, respectively. In connection with the acquisition of NuTech Medical, the Company entered into an operating lease with Oxmoor Holdings, LLC, an entity that is affiliated with the former sole shareholder of NuTech Medical, related to the facility at NuTech Medical’s headquarters in Birmingham, Alabama. Under the lease, the Company is required to make monthly rent payments of approximately $21 through December 31, 2020. The rent expense for three months ended June 30, 2019 and 2018 was $62 and $60 respectively. The rent expense for six months ended June 30, 2019 and 2018 was $124 and $120 respectively.

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2019
Subsequent Events [Abstract]
Subsequent Events	15. Subsequent Events On July 22, 2019, the Company made an exchange offer (the “Exchange Offer”) to all holders of the Company’s 30.9 0.095 shares of Class A common stock for each Public Warrant tendered (approximately one share for every eleven Public Warrants tendered). 4,100,000 The exchange of the PIPE Warrants by the Investors is subject to the Company’s acceptance of the tender of 65% or more of the outstanding Public Warrants in the Exchange Offer. The Company has evaluated subsequent events through August 9, 2019, the date on which these consolidated financial statements were issued and has determined that there are no such events to report other than those already disclosed.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2019
Accounting Policies [Abstract]
Unaudited Interim Financial Information	Unaudited Interim Financial Information The accompanying unaudited consolidated financial statements have been prepared by management in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and in accordance with the rules and regulations of the Securities and Exchange Commission (the “SEC”) regarding interim financial reporting. Accordingly, they do not include all the information and footnotes required by generally accepted accounting principles for complete financial statements. While we believe that the disclosures presented are adequate in order to make the information not misleading, these unaudited quarterly financial statements should be read in conjunction with the financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2018 (the “Annual Report”). The unaudited consolidated financial statements include the accounts of Organogenesis Holdings Inc., and its wholly-owned subsidiary, Organogenesis Inc., and the wholly-owned subsidiaries of Organogenesis Inc., including Organogenesis GmbH (a Switzerland corporation) and Prime Merger Sub, LLC. For periods prior to the closing of the Avista Merger on December 10, 2018, the notes to the unaudited consolidated financial statements have been updated to give effect to the Avista Merger. All intercompany balances and transactions have been eliminated in consolidation. The Company considers events or transactions that occur after the balance sheet date but before the financial statements are issued to provide additional evidence relative to certain estimates or to identify matters that require additional disclosure. In the opinion of management, the unaudited consolidated financial statements reflect all adjustments of a normal recurring nature necessary for a fair presentation of our financial position, results of operations and cash flows at the dates and for the periods indicated. The results for the six months ended June 30, 2019 are not necessarily indicative of the results to be expected for the year ending December 31, 2019, any other interim periods, or any future year or period.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported results of operations during the reporting period. Actual results could differ from those estimates.
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies The Company’s significant accounting policies are described in Note 2, “Summary of Significant Accounting Policies,” to the Consolidated Financial Statements included in the Annual Report. There have been no material changes to the significant accounting policies previously disclosed in the Annual Report other than as noted below.
Revenue from Contract with Customer	Revenue from Contracts with Customers Revenue Recognition Revenue is recognized when, or as, obligations under the terms of a contract are satisfied, which occurs when control of the promised products or services is transferred to customers. Revenue is measured as the amount of consideration the Company expects to receive in exchange for transferring products or services to a customer (“transaction price”). To the extent the transaction price includes variable consideration, the Company estimates the amount of variable consideration that should be included in the transaction When determining the transaction price of a contract, an adjustment is made if payment from a customer occurs either significantly before or significantly after performance, resulting in a significant financing component. Applying the practical expedient in paragraph ASC 606-10-32-18, the Company does not assess whether a significant financing component exists if the period between when the Company performs its obligations under the contract and when the customer pays is one year or less. None of the Company’s contracts contained a significant financing component as of June 30, 2019. If the contract contains a single performance obligation, the entire transaction price is allocated to the single performance obligation. Contracts that contain multiple performance obligations require an allocation of the transaction price based on the estimated relative standalone selling prices of the promised products or services underlying each performance obligation. The Company determines standalone selling prices based on the price at which the performance obligation is sold separately. If the standalone selling price is not observable through past transactions, the Company estimates the standalone selling price taking into account available information such as market conditions and internally approved pricing guidelines related to the performance obligations. As of the adoption date of ASC 606, all of the Company’s contracts with customers contained a single performance obligation. Disaggregation of Revenue The following table sets forth revenue by product category: Three Months Ended June 30, 2019 2018 Advanced Wound Care $ 55,211 $ 36,890 Surgical & Sports Medicine 9,737 6,662 Total revenue $ 64,948 $ 43,552 Six Months Ended June 30, 2019 2018 Advanced Wound Care $ 103,055 $ 66,114 Surgical & Sports Medicine 19,016 12,967 Total revenue $ 122,071 $ 79,081 For the three and six months ended June 30, 2019, net PuraPly revenue totaled $29,691 and $55,138, respectively. For the three and six months ended June 30, 2018, net PuraPly revenue totaled $12,745 and $23,389, respectively. For all periods presented, revenue generated outside the US represented less than 1% of total revenue. Results for reporting periods beginning January 1, 2019 are presented under ASC 606, while prior period amounts are not adjusted and continue to be reported under the accounting standards in effect at that time. Please refer to the “Adoption of ASC Topic 606, Revenue from Contracts with Customers Product Revenue The Company generates revenue through the sale of Advanced Wound Care and Surgical & Sports Medicine products. In the Advanced Wound Care market, the Company focuses on the development and commercialization of advanced wound care products for the treatment of chronic and acute wounds, primarily in the outpatient setting. In the Surgical & Sports Medicine market, the Company focuses on products that support the healing of musculoskeletal injuries, including degenerative conditions such as Product revenue is recognized when the customer obtains control of the Company’s product which occurs at a point in time and may be upon shipment, upon procedure date, or upon delivery, based on the terms of a contract. Reserves for Variable Consideration Revenues from product sales are recorded at the net sales price (transaction price), which includes estimates of variable consideration for which reserves are established and which result from discounts or rebates that are offered within contracts between the Company and its customers relating to the Company’s sales of its products. These reserves are based on the amounts earned or to be claimed on the related sales and are classified as reductions of accounts receivable. Where appropriate, these estimates take into consideration a range of possible outcomes which are probability-weighted for relevant factors such as the Company’s historical experience, current contractual and statutory requirements, specific known market events and trends, industry data and forecasted customer buying and payment patterns. Overall, these reserves reflect the Company’s best estimates of the amount of consideration to which it is entitled based on the terms of the contract. The amount of variable consideration which is included in the transaction price may be constrained, and is included in the net sales price only to the extent that it is probable that a significant reversal in the amount of the cumulative revenue recognized will not occur in a future period. Actual amounts of consideration ultimately received may differ from the Company’s estimates. If actual results in the future vary from the Company’s estimates, the Company adjusts these estimates, which would affect net product revenue and earnings in the period such variances become known. Product Returns Consistent with industry practice, the Company generally offers customers a limited right of return for product purchased. The Company estimates the amount of its product sales that may be returned by its customers and records this estimate as a reduction of revenue in the period the related product revenue is recognized. The Company currently estimates product return reserves using its actual and historical return rates as well as factors that it becomes aware of that it believes could significantly impact its expected returns, including product recalls, pricing changes, or change in reimbursement rates. The Company does not record an asset for the returned product as the product is discarded upon receipt. Rebates and Allowances The Company provides certain customers with rebates and allowances that are explicitly stated in the Company’s contracts and are recorded as a reduction of revenue in the period the related product revenue is recognized, resulting in a reduction to revenue and the establishment of a liability Costs to Obtain or Fulfill a Customer Contract Applying the practical expedient in ASC 340-40-25-4, Adoption of ASC Topic 606, Revenue from Contracts with Customers The Company adopted ASC 606 on January 1, 2019, using the modified retrospective method for all contracts not completed as of the date of adoption. The reported results for the fiscal year 2019 reflect the application of ASC 606 guidance while the reported results for the fiscal year 2018 were prepared under the guidance of ASC 605, Revenue Recognition The adoption of ASC 606 will more closely align revenue recognition with the delivery of the Company’s services and will provide financial statement readers with enhanced disclosures. Historically, for certain customers, products were shipped in advance of the receipt of the purchase order and the Company recognized revenue on these products only upon receipt of a purchase order which is when the transaction price was deemed fixed and determinable. As control of these products has transferred upon use of the product in a procedure, the recognition of revenue will be accelerated to the procedure date under ASC 606. The adoption of ASC 606 did not have a material impact on the Company’s consolidated financial position, results of operations, equity or cash flows as of the adoption date or for the three and six months ended June 30, 2019.
Reclassification of Prior Period Balances	Reclassification of Prior Period Balances Reclassifications have been made to prior period amounts to conform to the current-year presentation of the reporting of deferred interest and principal on outstanding capital lease obligations and deferred tenant escalations as long-term liabilities on the consolidated balance sheets. The deferred interest and tenant escalation amounts were previously reported as accrued expenses on the consolidated balance sheets and the deferred principal on the capital lease obligations were recorded as part of the current portion of capital lease obligations on the consolidated balance sheet. These reclassifications have no effect on the reported net loss, equity or cash flow for the periods ended June 30,
Recently Issued Accounting Pronouncements	Recent Accounting Pronouncements – Issued But Not Yet Adopted In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) (“ASU 2016-02”), which applies to all leases and will require lessees to record most leases on the balance sheet but recognize expense in a manner similar to the current standard. In July 2018, the FASB issued ASU 2018-10, Codification Improvements to Topic 842, Leases, which provides narrow amendments to clarify how to apply certain aspects of ASU 2016-02, and ASU 2018-11, Leases (Topic 842): Targeted Improvements, which provides adopters an additional transition method by allowing entities to initially apply ASU 2016-02, and subsequent related standards, at the adoption date and recognize a cumulative-effect adjustment to the opening balance of retained earnings in the period of adoption. Additionally, in March 2019, the FASB issued ASU 2019-01, Leases (Topic 842): Codification Improvements, which clarifies the transition guidance related to interim disclosures provided in the year of adoption. ASU 2016-02 is effective for fiscal years beginning after December 15, 2018 for public business entities and interim periods within those years and for all other entities for years beginning after December 15, 2019. In July, 2019, FASB tentatively decided to defer the effective date for nonpublic business entities to fiscal years beginning after December 15, 2020. The Company is a public entity but took advantage of the relief provided for emerging growth companies to allow them to follow the private company adoption timelines. The Company plans to postpone its initial planned adoption date of January 1, 2020 based on the FASB’s tentative decision. Entities are required to use a modified retrospective approach of adoption for leases that exist or are entered into after the beginning of the transition date. Full retrospective application is prohibited. The Company continues to evaluate the impact of adopting this standard on its accounting policies, financial statements, business processes, systems and internal controls. The Company expects to recognize substantially all of its leases on the balance sheet by recording a right-to-use asset and a corresponding lease liability.
Recently Adopted Accounting Pronouncements	Recently Adopted Accounting Pronouncements In June 2018, the FASB issued ASU 2018-07, “Compensation-Stock Compensation (Topic 718): Improvements to Nonemployee Share-Based Payment Accounting”. This ASU expands the scope of Topic 718, Compensation—Stock Compensation to include share-based payments issued to nonemployees for goods or services. Under the new guidance, the existing employee guidance will apply to nonemployee share based transactions (as long as the transaction is not effectively a form of financing), with the exception of specific guidance related to the attribution of compensation cost. The cost of nonemployee awards will continue to be recorded as if the grantor had paid cash for the goods or services. The accounting standards update is effective for public business entities for fiscal years beginning after December 15, 2018, including interim periods within that fiscal year. The Company adopted this standard, beginning with its financial reporting for the quarter ended June 30, 2019 due to the option activity to nonemployees in the quarter. The adoption of this standard did not have any material effect on the Company’s consolidated financial statements or any component of stockholder’s equity.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	6 Months Ended
	Jun. 30, 2019
Accounting Policies [Abstract]
Schedule of Revenue by Product Category	The following table sets forth revenue by product category: Three Months Ended June 30, 2019 2018 Advanced Wound Care $ 55,211 $ 36,890 Surgical & Sports Medicine 9,737 6,662 Total revenue $ 64,948 $ 43,552 Six Months Ended June 30, 2019 2018 Advanced Wound Care $ 103,055 $ 66,114 Surgical & Sports Medicine 19,016 12,967 Total revenue $ 122,071 $ 79,081

Fair Value of Financial Asset_2

Fair Value of Financial Assets and Liabilities (Tables)	6 Months Ended
	Jun. 30, 2019
Fair Value Disclosures [Abstract]
Fair Value, by Balance Sheet Grouping	The following table presents information about the Company’s financial assets and liabilities measured at fair value on a recurring basis and indicates the level of the fair value hierarchy utilized to determine such fair values as of December 31, 2018. The redeemable common stock liability was settled in March 2019 as described below. Fair Value Measurements as of December 31, 2018 Using: Level 1 Level 2 Level 3 Total Liabilities: Redeemable common stock liability $ — $ — $ 6,762 $ 6,762 $ — $ — $ 6,762 $ 6,762

Accounts receivable, net (Table

Accounts receivable, net (Tables)	6 Months Ended
	Jun. 30, 2019
Receivables [Abstract]
Schedule of accounts receivable	Accounts receivable consisted of the following: June 30, December 31, 2019 2018 Accounts receivable $ 37,178 $ 37,497 Less — allowance for sales returns and doubtful accounts (3,021 ) (3,420 ) $ 34,157 $ 34,077
Schedule of allowance for sales returns and doubtful accounts	The Company’s allowance for sales returns and doubtful accounts was comprised of the following: Three Months Ended June 30, Six Months Ended June 30, 2019 2018 2019 2018 Balance at beginning of period $ 3,292 $ 2,957 $ 3,420 $ 3,225 Additions (reductions) 103 (100 ) 27 (307 ) Write-offs (374 ) (4 ) (426 ) (65 ) Balance at end of period $ 3,021 $ 2,853 $ 3,021 $ 2,853

Inventories (Tables)

Inventories (Tables)	6 Months Ended
	Jun. 30, 2019
Inventory Disclosure [Abstract]
Schedule of Inventory, Current	Inventories, net of related reserves for excess and obsolescence, consisted of the following: June 30, December 31, 2019 2018 Raw materials $ 7,379 $ 4,711 Work in process 1,632 1,759 Finished goods 9,706 6,851 $ 18,717 $ 13,321

Property and Equipment, Net (Ta

Property and Equipment, Net (Tables)	6 Months Ended
	Jun. 30, 2019
Property, Plant and Equipment [Abstract]
Property and Equipment, Net	Property and equipment consisted of the following: June 30, December 31, 2019 2018 Leasehold improvements $ 34,425 $ 34,345 Furniture, computers and equipment 45,467 44,752 79,892 79,097 Accumulated depreciation and amortization (64,185 ) (62,435 ) Construction in progress 25,044 22,961 $ 40,751 $ 39,623

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Finite-Lived Intangible Assets	Original Accumulated Net Book Cost Amortization Value Developed technology $ 30,570 $ (9,834 ) $ 20,736 Trade names and trademarks 2,000 (532 ) 1,468 Independent sales agency network 4,500 (3,035 ) 1,465 Non-compete 260 (85 ) 175 Total $ 37,330 $ (13,486 ) $ 23,844 Identifiable intangible assets consisted of the following as of December 31, 2018: Original Accumulated Net Book Cost Amortization Value Developed technology $ 29,820 $ (8,454 ) $ 21,366 Trade names and trademarks 2,000 (413 ) 1,587 Independent sales agency network 4,500 (1,569 ) 2,931 Non-compete 260 (53 ) 207 Total $ 36,580 $ (10,489 ) $ 26,091

Accrued Expenses (Tables)

Accrued Expenses (Tables)	6 Months Ended
	Jun. 30, 2019
Payables and Accruals [Abstract]
Schedule of Accounts Payable and Accrued Liabilities	Accrued expenses and other current liabilities consisted of the following: June 30, December 31, 2019 2018 Accrued personnel costs $ 15,207 $ 15,218 Other 5,472 5,170 $ 20,679 $ 20,388

Line of Credit and Notes Paya_2

Line of Credit and Notes Payable (Tables)	6 Months Ended
	Jun. 30, 2019
Line of Credit Facility [Abstract]
Schedule of line of credit facilities	Line of credit and notes payable consisted of the following: June 30, December 31, 2019 2018 Line of credit $ 33,484 $ 26,484 Term loan 40,000 — Less debt discount (338 ) — less current maturities — — Term loan, net of debt discount $ 39,662 $ — Notes payable — 15,885 Less debt discount — (762 ) less current maturities — (2,545 ) Notes payable, net of debt discount $ — $ 12,578
Schudle of future payments of term loan facility	Future payments of Term Loan Facility, as of June 30, 2019, are as follows for the calendar years ended December 31: 2019 $ — 2020 — 2021 12,222 2022 13,333 2023 13,333 2024 1,112 Total $ 40,000

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	6 Months Ended
	Jun. 30, 2019
Equity [Abstract]
Schedule Of Common Stock Shares Reserved For Future Issuance [Table Text Block]	At June 30, 2019 and December 31, 2018, the Company has reserved the following shares of Class A common stock for future issuance: June 30, December 31, 2019 2018 Shares reserved for issuance for outstanding options 6,652,362 6,590,195 Shares reserved for issuance for future option grant 9,008,996 9,108,996 Shares reserved for issuance under the warrants 17,678,074 17,732,700 Total shares of authorized common stock reserved for future issuance 33,339,432 33,431,891

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	6 Months Ended
	Jun. 30, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of Fair Value of Stock Options Granted to Employees and Directors	The assumptions that the Company used to determine the grant-date fair value of stock options granted during these periods were as follows, presented on a weighted average basis: 2019 2018 Risk-free interest rate 2.24 % 2.74 % Expected term (in years) 6.50 5.82 Expected volatility 42.7 % 42.9 % Expected dividend yield 0.0 % 0.0 % Exercise price $ 7.08 $ 5.40 Underlying stock price $ 7.08 $ 5.40
Summary of Stock Option Activity	The following table summarizes the Company’s stock option activity since December 31, 2018 (in thousands, except share and per share amounts): Weighted Average Weighted Remaining Average Contractual Aggregate Number of Exercise Term Intrinsic Shares Price (in years) Value Outstanding as of December 31, 2018 7,266,185 $ 1.92 5.89 33,909 Granted 100,000 7.08 Cancelled / forfeited (11,150 ) 2.87 Exercised (26,683 ) 1.98 137 Outstanding as of June 30, 2019 7,328,352 1.99 5.51 41,129 Options exercisable as of June 30, 2019 5,683,274 1.55 4.82 34,359 Options vested or expected to vest as of June 30, 2019 7,050,203 $ 1.90 5.39 40,206

Net Loss Per Share (Tables)

Net Loss Per Share (Tables)	6 Months Ended
	Jun. 30, 2019
Earnings Per Share [Abstract]
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share	The Company excluded the following potential shares of Class A of common stock, presented based on amounts outstanding at each period end, from the computation of diluted net loss per share attributable to Organogenesis Holdings Inc. for the periods indicated because including them would have had an anti-dilutive effect: Six Months Ended June 30, 2019 2018 Options to purchase common stock 7,328,352 7,206,746 Redeemable common stock — 728,548 Warrants to purchase common stock 17,678,074 1,561,485 25,006,426 9,496,779

Commitments and Contingencies (

Commitments and Contingencies (Tables)	6 Months Ended
	Jun. 30, 2019
Commitments and Contingencies Disclosure [Abstract]
Future Lease Payments	2019 (remaining six months) $ 2,154 2020 4,308 2021 4,308 2022 4,738 2023 — Thereafter 9,556 25,064 Less amount representing interest (7,967 ) Present value of minimum lease payments 17,097 Less current maturities (2,442 ) Long-term portion $ 14,655
Schedule Of Operating Leased Assets	Future minimum lease payments due under noncancelable operating lease agreements as of June 30, 2019 are as follows: 2019 (remaining six months) $ 2,284 2020 5,343 2021 4,821 2022 2,216 2023 1,180 Thereafter 8,124 $ 23,968

Nature of the Business and Ba_2

Nature of the Business and Basis of Presentation - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended				6 Months Ended
	Jun. 30, 2019	Mar. 31, 2019	Jun. 30, 2018	Mar. 31, 2018	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
Organization and Financing
Net loss	$ (9,649)	$ (15,666)	$ (20,010)	$ (22,488)	$ (25,315)	$ (42,498)
Working capital	25,747				25,747
Cash	20,040				20,040		$ 21,291
Accumulated deficit	$ (155,223)				$ (155,223)		$ (130,240)

Summary of Significant Accoun_4

Summary of Significant Accounting Policies - Schedule of Revenue by Product Category (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Total revenue	$ 64,948	$ 43,552	$ 122,071	$ 79,081
Advanced Wound Care
Total revenue	55,211	36,890	103,055	66,114
Surgical & Sports Medicine
Total revenue	$ 9,737	$ 6,662	$ 19,016	$ 12,967

Significant Accounting Policies

Significant Accounting Policies - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Significant Accounting Policies [Line Items]
Revenue	$ 64,948	$ 43,552	$ 122,071	$ 79,081
Sales Revenue
Significant Accounting Policies [Line Items]
Concentration Risk, Percentage	1.00%	1.00%	1.00%	1.00%
PuraPly
Significant Accounting Policies [Line Items]
Revenue	$ 29,691	$ 12,745	$ 55,138	$ 23,389

Fair Value Measurement of Finan

Fair Value Measurement of Financial Instruments - Financial Assets And Liabilities Measured At Fair Value (Detail) - Fair Value, Measurements, Recurring $ in Thousands	Dec. 31, 2018USD ($)
Liabilities:
Redeemable common stock liability	$ 6,762
Redeemable common stock liability
Liabilities:
Redeemable common stock liability	6,762
Fair Value, Inputs, Level 3
Liabilities:
Redeemable common stock liability	6,762
Fair Value, Inputs, Level 3 | Redeemable common stock liability
Liabilities:
Redeemable common stock liability	$ 6,762

Fair Value of Financial Asset_3

Fair Value of Financial Assets and Liabilities - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands	Mar. 24, 2017	Mar. 24, 2019	Jun. 30, 2019	Dec. 31, 2018
Company issued acquisition of shares		728,548
Treasury stock			728,548
NuTech Medical
Temporary Equity, Redemption Price Per Share		$ 9.28
Common Class A
Redeemable common stock, Carrying amount				$ 6,762
Common Class A | NuTech Medical
Company issued acquisition of shares	728,548
Business Acquisition, Share Price	$ 8.69

Accounts receivable, net (Detai

Accounts receivable, net (Detail) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Receivables [Abstract]
Accounts receivable	$ 37,178	$ 37,497
Less — allowance for sales returns and doubtful accounts	(3,021)	(3,420)
Accounts receivable	$ 34,157	$ 34,077

Accounts receivable, net - Sale

Accounts receivable, net - Sales Returns and Doubtful Accounts (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Balance	$ 3,292	$ 2,957	$ 3,420	$ 3,225
Additions (Reductions)	103	(100)	27	(307)
Write-offs	(374)	(4)	(426)	(65)
Balance	$ 3,021	$ 2,853	$ 3,021	$ 2,853

Inventories (Detail)

Inventories (Detail) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Raw materials	$ 7,379	$ 4,711
Work in process	1,632	1,759
Finished goods	9,706	6,851
Inventory	$ 18,717	$ 13,321

Inventories - Additional Inform

Inventories - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
Inventory Reserve And Obsolence Charged To Cost Of Goods Sold	$ 265	$ 579	$ 523	$ 1,833
Reserve for excess and obsolete inventory	$ 1,157		$ 1,157		$ 1,206

Property and Equipment, Net (De

Property and Equipment, Net (Detail) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Property, Plant and Equipment, Gross	$ 79,892	$ 79,097
Accumulated depreciation and amortization	(64,185)	(62,435)
Property, Plant and Equipment, Net	40,751	39,623
Leasehold improvements
Property, Plant and Equipment, Gross	34,425	34,345
Furniture, computers and equipment
Property, Plant and Equipment, Gross	45,467	44,752
Construction in progress
Property, Plant and Equipment, Net	$ 25,044	$ 22,961

Property and Equipment, Net - A

Property and Equipment, Net - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
Depreciation expense	$ 859	$ 875	$ 1,761	$ 1,747
Leasehold improvements
Capital leases recorded within leasehold improvements	21,689		21,689		$ 21,689
Capital leases recorded	$ 13,178		$ 13,178		$ 12,579

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets - Identifiable intangible assets (Detail) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Original Cost	$ 37,330	$ 36,580
Accumulated Amortization	(13,486)	(10,489)
Net Book Value	23,844	26,091
Developed technology
Original Cost	30,570	29,820
Accumulated Amortization	(9,834)	(8,454)
Net Book Value	20,736	21,366
Trade names and trademarks
Original Cost	2,000	2,000
Accumulated Amortization	(532)	(413)
Net Book Value	1,468	1,587
Independent sales agency network
Original Cost	4,500	4,500
Accumulated Amortization	(3,035)	(1,569)
Net Book Value	1,465	2,931
Non-compete agreements
Original Cost	260	260
Accumulated Amortization	(85)	(53)
Net Book Value	$ 175	$ 207

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets - Additional Information (Detail) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended		6 Months Ended
	Apr. 30, 2019	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018	Mar. 24, 2017
Goodwill		$ 25,539		$ 25,539		$ 25,539
Amortization of Intangible Assets		1,499	$ 917	2,997	$ 1,834
Intangible asset purchase, cash paid				250
Intangible asset purchase, remaining payables		20,679		20,679		$ 20,388
Developed Technology Rights [Member]
Intangible asset purchase, value	$ 750
Intangible asset purchase, cash paid	$ 250
Intangible asset purchase, remaining payables		$ 500		$ 500
NuTech Medical
Goodwill							$ 19,446

Accrued Expenses and Other Curr

Accrued Expenses and Other Current Liabilities (Detail) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Payables and Accruals [Abstract]
Accrued personnel costs	$ 15,207	$ 15,218
Other	5,472	5,170
Total Accrued Expenses and Other Current Liabilities	$ 20,679	$ 20,388

Line of Credit and Notes Paya_3

Line of Credit and Notes Payable (Detail) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Line of credit	$ 33,484	$ 26,484
Term loan	40,000
Less debt discount	(338)
Term loan, net of debt discount	$ 39,662
Notes payable		15,885
Less debt discount		(762)
less current maturities		(2,545)
Notes payable, net of debt discount		$ 12,578

Line of Credit and Notes Paya_4

Line of Credit and Notes Payable - Future payments of term loan (Detail) $ in Thousands	Jun. 30, 2019USD ($)
2019	$ 0
2020	0
2021	12,222
2022	13,333
2023	13,333
2024	1,112
Total	$ 40,000

Line of Credit and Notes Paya_5

Line of Credit and Notes Payable - Additional Information (Detail) - USD ($) $ in Thousands	Mar. 15, 2019	Mar. 14, 2019	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Apr. 30, 2018	Jun. 30, 2019	Mar. 31, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018	Apr. 28, 2018	May 01, 2017	Mar. 21, 2017
Letter of credit sub facility					$ 33,484			$ 33,484			$ 33,484		$ 26,484
Future revolving borrowings													$ 3,516
Additional fund							$ 5,000
Interest Expense under the credit agreement								2,187		$ 2,781	3,965	$ 5,191
Revenues								64,948		$ 43,552	122,071	$ 79,081
Covenant terms	Borrower’s achievement of trailing twelve month Consolidated Revenue of not less than $221,250 and a trailing three month Adjusted EBITDA (as defined in the New Credit Agreement) loss not in excess of $5,000;
Debt Instrument, Description of Variable Rate Basis	interest rate equal to 3.75% above the Wall Street Journal Prime Rate
Additional payment in aggregate of the principal amount percentage	6.25%
Advance outstanding amount revolving facility	25.00%
Unused Line Fee	0.25%
Debt Instrument, Covenant Description													maintain Minimum Liquidity (as defined in the New Credit Agreement) equal to the greater of (i) 6 months Monthly Burn (as defined in the New Credit Agreement) and (ii) $10,000.
Loss on the extinguishment of loan								0			(1,862)
Repaid Before One year
Termination fee percentage	4.00%
Prepayment premium percentage						3.00%			3.00%
Repaid After One year Before Two Years
Termination fee percentage	3.00%
Prepayment premium percentage						2.00%			2.00%
Repaid After Two years
Termination fee percentage	2.00%
Prepayment premium percentage						1.00%			1.00%
Repaid After Two year Before Three Years [Member]
Termination fee amount	$ 0
Prepayment premium percentage						0.00%			0.00%
Tranche One [Member]
Proceeds from Issuance of Debt											40,000
Minimum Trailing Twelve Month Achievement [Member]
Revenues					213,500
Minimum Trailing Twelve Month Achievement [Member] | Subsequent Event [Member]
Revenues			$ 231,500	$ 221,250
ML Agreement
Loss on the extinguishment of loan									$ 1,862
Credit Agreement
Letter of credit sub facility		$ 26,541
New Credit Agreement [Member]
EBITDA income (loss)								5,000
New Credit Agreement [Member] | Tranche Two [Member]
Aggregate amounts of term loan					10,000			10,000			10,000
New Credit Agreement [Member] | Minimum Trailing Twelve Month Achievement [Member]
Revenues						$ 200,000		221,250
Term Loan
Aggregate amounts of term loan							35,000
Interest Expense under the credit agreement								370
Accrued Interest Due							$ 5,000
Debt Issuance Costs, Net					554			554			554
Accumulated Amortization, Debt Issuance Costs, Noncurrent					370			$ 370			370
Term Loan | Tranche Two [Member]
Accumulated Amortization, Debt Issuance Costs, Noncurrent						184			184
Revolving Credit Facility
Letter of credit sub facility						40,000			40,000
Revolving Credit Facility | SVB
Letter of credit sub facility																$ 30,000
Aggregate under revolving credit facility													$ 26,484
Aggregate amounts of term loan																$ 30,000
Loan Agreement
Aggregate amounts of term loan						$ 100,000			$ 100,000
Debt Instrument, Basis Spread on Variable Rate								3.75%
Loan Agreement | Maximum [Member]
Increase or decrease in tranche								$ 20,000
Loan Agreement | Minimum [Member]
Increase or decrease in tranche								10,000
Loan Agreement | Tranche One [Member]
Aggregate amounts of term loan		$ 40,000
Expiration Date		Sep. 30, 2019
Loan Agreement | Tranche Two [Member]
Aggregate amounts of term loan		$ 10,000
Expiration Date		Mar. 31, 2020
Loan Agreement | Tranche Three [Member]
Aggregate amounts of term loan		$ 10,000
Term Loan Facility [Member]
Letter of credit sub facility					33,484			33,484			33,484
Future revolving borrowings					$ 6,516			$ 6,516			$ 6,516
Eastward fund LLC
Letter of credit sub facility														$ 16,000
Aggregate amounts of term loan														$ 20,000
Additional percentage of outstanding principal															3.00%
Prepayment fees															2.00%
Percentage of final payment fee															6.50%

Stockholders' Equity (Detail)

Stockholders' Equity (Detail) - shares	Jun. 30, 2019	Dec. 31, 2018
Common Stock, Capital Shares Reserved for Future Issuance	33,339,432	33,431,891
Warrant [Member]
Common Stock, Capital Shares Reserved for Future Issuance	17,678,074	17,732,700
2003 Stock Incentive Plan
Common Stock, Capital Shares Reserved for Future Issuance	6,652,362	6,590,195
2018 Equity Incentive Plan
Common Stock, Capital Shares Reserved for Future Issuance	9,008,996	9,108,996

Stockholders' Equity - Addition

Stockholders' Equity - Additional Information (Detail) - $ / shares	1 Months Ended
	Mar. 24, 2019	Jun. 30, 2019	Dec. 31, 2018
Common stock, shares authorized		400,000,000	400,000,000
Common stock, par value		$ 0.0001	$ 0.0001
Company issued acquisition of shares	728,548
Common Stock, Shares, Issued		92,071,270	91,261,413

Stock-Based Compensation - Addi

Stock-Based Compensation - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
Common stock options outstanding	7,328,352		7,328,352		7,266,185
Share-based compensation expense	$ 234	$ 251	$ 458	$ 568
Weighted average grant-date fair value			$ 3.24	$ 2.39
Fair value of option vested			$ 344	$ 297
Unrecognized stock compensation expense	1,610		$ 1,610
Share-based compensation expected to be recognized over a weighted-average period			2 years 9 months
Exercise of stock options			26,683
Secured Debt	$ 635		$ 635
Number of Shares Issues as Collateral for Secured Debt	675,990		675,990
2003 and 2018 Stock Incentive Plan
Stock option expiration period			10 years
Common Class A | Executive Officer
Exercise of stock options					7,176,715
Common Class A | 2018 Stock Incentive Plan
Common stock options authorized	9,198,996		9,198,996
Common stock options outstanding	190,000		190,000

Stock-Based Compensation - Sche

Stock-Based Compensation - Schedule of Fair Value of Stock Options Granted to Employees and Directors (Detail) - $ / shares	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Risk-free interest rate	2.24%	2.74%
Expected term (in years)	6 years 6 months	5 years 9 months 25 days
Expected volatility	42.70%	42.90%
Expected dividend yield	0.00%	0.00%
Exercise price	$ 7.08	$ 5.40
Underlying stock price	$ 7.08	$ 5.40

Stock-Based Compensation -Paren

Stock-Based Compensation -Parenthetical (Detail) - shares	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
options granted	100,000	78,111

Stock-Based Compensation - Summ

Stock-Based Compensation - Summary of Stock Option Activity (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended	6 Months Ended		12 Months Ended
	Jun. 30, 2019	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
Number of Shares Outstanding		7,266,185
Number of Shares Granted		100,000	78,111
Number of Shares Cancelled / forfeited		(11,150)
Number of Shares Exercised		(26,683)
Number of Shares Outstanding	7,328,352	7,328,352		7,266,185
Number of Shares Options Exercisable	5,683,274	5,683,274
Number of Shares Options vested or expected to vest	7,050,203	7,050,203
Weighted Average Exercise Price Outstanding		$ 1.92
Weighted Average Exercise Price Granted		7.08
Weighted Average Exercise Price Cancelled / forfeited		2.87
Weighted Average Exercise Price Exercised		1.98
Weighted Average Exercise Price Outstanding	$ 1.99	1.99		$ 1.92
Weighted Average Exercise Price Options Exercisable	1.55	1.55
Weighted Average Exercise Price Options Vested or Expected to Vest	$ 1.90	$ 1.90
Weighted Average Remaining Contractual Term (in years) Outstanding	5 years 6 months 3 days	5 years 10 months 20 days
Weighted Average Remaining Contractual Term (in years) Options Exercisable		4 years 9 months 25 days
Weighted Average Remaining Contractual Term (in years) Options Vested or Expected to Vest		5 years 4 months 20 days
Aggregate Intrinsic Value Outstanding	$ 41,129	$ 41,129		$ 33,909
Aggregate Intrinsic Value Options Exercised		137
Aggregate Intrinsic Value Options Exercisable	34,359	34,359
Aggregate Intrinsic Value Options Vested or Expected to Vest	$ 40,206	$ 40,206

Net Loss Per Share - Schedule o

Net Loss Per Share - Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share (Detail) - shares	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	25,006,426	9,496,779
Employee Stock Option
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	7,328,352	7,206,746
Redeemable Common Stock
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	0	728,548
Warrant
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	17,678,074	1,561,485

Commitments and Contingencies_2

Commitments and Contingencies (Schedule of leases payments) (Detail) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
2019	$ 2,154
2020	4,308
2021	4,308
2022	4,738
2023	0
Thereafter	9,556
Total	25,064
Less amount representing interest	(7,967)
Present value of minimum lease payments	17,097
Less current maturities	(2,442)	$ (2,236)
Long-term portion	$ 14,655	$ 15,418

Commitments and Contingencies_3

Commitments and Contingencies (Schedule Of Operating Leased Assets) (Detail) $ in Thousands	Jun. 30, 2019USD ($)
2019	$ 2,284
2020	5,343
2021	4,821
2022	2,216
2023	1,180
Thereafter	8,124
Total	$ 23,968

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Detail) ft² in Thousands, $ in Thousands	1 Months Ended	3 Months Ended		6 Months Ended
	Jan. 31, 2019USD ($)	Jun. 30, 2019USD ($)ft²	Jun. 30, 2018USD ($)	Jun. 30, 2019USD ($)ft²	Jun. 30, 2018USD ($)	Dec. 31, 2018USD ($)
Accrued Legal Expenses			$ 1,000		$ 1,000
Operating Lease, Expense		$ 1,603	1,104	$ 2,925	2,153
Business Combination Contingent Consideration Liability Accrued Interest		767		767
Capital lease rental arrears		$ 5,776		$ 5,776		$ 5,265
Land Subject to Ground Leases | ft²		43,850		43,850
Annual lease payments ten year lease term		$ 44		$ 44
Annual lease payments five year lease term		33		33
Security Deposit		526		526
Increase (Decrease) in Security Deposits				263
Capital Lease Obligations, Current		2,442		2,442		2,236
Other Liabilities		780		780		854
New Credit Agreement [Member]
Accrued Interest		239		239
Selling, General and Administrative Expenses [Member]
Royalty Expense		916	$ 313	1,704	$ 701
Accounts Payable and Accrued Liabilities [Member]
Accrued Royalties		$ 1,187		$ 1,187		1,187
Dan Road Associates [Member]
Annual Lease Payments	$ 4,308
Capital Leases of Lessee, Contingent Rentals, Basis Spread on Variable Rate		10.00%		10.00%
Capital lease rental arrears		$ 3,780		$ 3,780		$ 4,174
NuTech Medical [Member]
As of December 31, 2018, the Company has paid				2,500
The amount, if any, of the remaining $5,000 of deferred acquisition consideration plus accrued interest owed to the sellers of NuTech Medical is currently in dispute.		5,000		5,000
Business Combination Deferred Consideration		$ 7,500		$ 7,500

Related Party Transactions - Ad

Related Party Transactions - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Mar. 31, 2018	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
Net principal and interest receivable	$ 516			$ 516		$ 477
Interest income	20	$ 20		39	$ 39
Outstanding aggregate principal balance	40,000			40,000
Under the lease, the Company is required to make monthly rent payments of approximately				21
Operating Leases, Rent Expense	62		$ 60	124	$ 120
Secured Debt	$ 635			$ 635
Class A
Stock Held By Employee	675,990			675,990		675,990
Liquidity Loan To One Former Employee
Outstanding aggregate principal balance	$ 2,350			$ 2,350		$ 2,350
Maximum | Liquidity Loan
Interest Rate	3.86%			3.86%
Minimum | Liquidity Loan
Interest Rate	2.30%			2.30%

Subsequent Events - Additional

Subsequent Events - Additional Information (Detail) - Subsequent Event	Jul. 12, 2019$ / sharesshares
Class of Warrant or Right, Outstanding	30,900,000
Number Of Securities Called By Each Warrant	0.095
Warrants, Conversion Basis	one share for every eleven Public Warrants tendered
Description of exchange offer terms related to pipe warrants	The exchange of the PIPE Warrants by the Investors is subject to the Company’s acceptance of the tender of 65% or more of the outstanding Public Warrants in the Exchange Offer.
Warrants Conversion Basis	one share for every eleven Public Warrants tendered
Pipe Warrants [Member]
Class of Warrant or Right, Outstanding	4,100,000
Warrants, Conversion Basis	one-half of one share of Class A common stock
Exercise Price Of Warrants | $ / shares	$ 5.75
Warrants Conversion Basis	one-half of one share of Class A common stock