The Beauty Health Company (SKIN) 10-Q 9 Aug 23 2023 Q2 Quarterly report Financial data

Cover

Cover - shares	6 Months Ended
	Jun. 30, 2023	Aug. 04, 2023
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2023
Document Transition Report	false
Entity File Number	001-39565
Entity Registrant Name	The Beauty Health Company
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	85-1908962
Entity Address, Address Line One	2165 Spring Street
Entity Address, City or Town	Long Beach
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	90806
City Area Code	800
Local Phone Number	603-4996
Title of 12(b) Security	Class A Common Stock, par value $0.0001 per share
Trading Symbol	SKIN
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		132,885,767
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q2
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Central Index Key	0001818093

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 549,728	$ 568,197
Accounts receivable, net of allowances for estimated credit losses of $4,021 and $2,929 at June 30, 2023 and December 31, 2022, respectively	74,633	76,494
Inventories	107,000	109,656
Income tax receivable	5,642	1,280
Prepaid expenses and other current assets	30,939	27,648
Total current assets	767,942	783,275
Property and equipment, net	17,958	18,184
Right-of-use assets, net	13,790	15,637
Intangible assets, net	65,569	46,386
Goodwill	125,351	124,593
Deferred income tax assets, net	811	815
Other assets	16,053	14,193
TOTAL ASSETS	1,007,474	1,003,083
Current liabilities:
Accounts payable	29,379	28,467
Accrued payroll-related expenses	26,154	21,677
Other accrued expenses	19,145	15,183
Lease liabilities, current	4,901	4,958
Income tax payable	3,210	1,429
Total current liabilities	82,789	71,714
Lease liabilities, non-current	10,628	12,689
Deferred income tax liabilities, net	2,015	2,011
Warrant liabilities	12,964	15,473
Convertible senior notes, net	736,257	734,143
Other long-term liabilities	979	0
Total liabilities	845,632	836,030
Commitments (Note 10)
Stockholders’ equity
Class A Common Stock, $0.0001 par value; 320,000,000 shares authorized; 132,881,417 and 132,214,695 shares issued and outstanding at June 30, 2023 and December 31, 2022, respectively	14	14
Additional paid-in capital	561,483	550,320
Accumulated other comprehensive loss	(4,009)	(4,530)
Accumulated deficit	(395,646)	(378,751)
Total stockholders’ equity	161,842	167,053
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 1,007,474	$ 1,003,083

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Statement of Financial Position [Abstract]
Allowances for doubtful accounts	$ 4,021	$ 2,929
Common stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Common stock, shares authorized (in shares)	320,000,000	320,000,000
Common stock, shares issued (in shares)	132,881,417	132,214,695
Common stock, shares outstanding (in shares)	132,881,417	132,214,695

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Income Statement [Abstract]
Net sales	$ 117,479	$ 103,536	$ 203,757	$ 178,951
Cost of sales	49,603	33,496	81,777	58,026
Gross profit	67,876	70,040	121,980	120,925
Operating expenses:
Selling and marketing	43,041	44,881	81,740	81,288
Research and development	2,881	2,601	5,217	4,831
General and administrative	35,100	27,585	65,479	53,846
Total operating expenses	81,022	75,067	152,436	139,965
Loss from operations	(13,146)	(5,027)	(30,456)	(19,040)
Interest expense, net	3,429	3,217	6,846	6,617
Interest income	(5,717)	(743)	(10,032)	(740)
Other (income) expense, net	(47)	(915)	(465)	19
Change in fair value of warrant liabilities	(11,585)	(15,185)	(2,509)	(67,237)
Foreign currency transaction (gain) loss, net	(397)	2,206	(1,546)	1,838
Income (loss) before provision for income taxes	1,171	6,393	(22,750)	40,463
Income tax (benefit) expense	(2,193)	76	(5,855)	2,691
Net income (loss)	3,364	6,317	(16,895)	37,772
Comprehensive income (loss), net of tax:
Foreign currency translation adjustments	(367)	(3,687)	521	(3,832)
Comprehensive income (loss)	$ 2,997	$ 2,630	$ (16,374)	$ 33,940
Net income (loss) per share
Basic (in dollars per share)	$ 0.03	$ 0.04	$ (0.13)	$ 0.25
Diluted (in dollars per share)	$ 0.03	$ (0.06)	$ (0.13)	$ (0.19)
Weighted average common shares outstanding
Basic (in shares)	132,716,024	150,731,491	132,569,209	150,665,166
Diluted (in shares)	132,716,024	151,719,451	132,569,209	152,274,394

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY (DEFICIT) - USD ($) $ in Thousands	Total	Common Stock	Additional Paid-in Capital	Accumulated other Comprehensive Income (Loss)	Accumulated Deficit
Beginning balance (in shares) at Dec. 31, 2021		150,598,047
Beginning balance at Dec. 31, 2021	$ 298,034	$ 16	$ 722,250	$ (1,257)	$ (422,975)
Net income (loss)	31,455				31,455
Issuance of common stock pursuant to equity compensation plan (in shares)		5,184
Share-based compensation	7,049		7,049
Foreign currency translation adjustments	(145)			(145)
Ending balance (in shares) at Mar. 31, 2022		150,603,231
Ending balance at Mar. 31, 2022	336,393	$ 16	729,299	(1,402)	(391,520)
Beginning balance (in shares) at Dec. 31, 2021		150,598,047
Beginning balance at Dec. 31, 2021	298,034	$ 16	722,250	(1,257)	(422,975)
Net income (loss)	37,772
Foreign currency translation adjustments	(3,832)
Ending balance (in shares) at Jun. 30, 2022		150,855,025
Ending balance at Jun. 30, 2022	345,406	$ 16	735,682	(5,089)	(385,203)
Beginning balance (in shares) at Dec. 31, 2021		150,598,047
Beginning balance at Dec. 31, 2021	$ 298,034	$ 16	722,250	(1,257)	(422,975)
Ending balance (in shares) at Dec. 31, 2022	132,214,695	132,214,695
Ending balance at Dec. 31, 2022	$ 167,053	$ 14	550,320	(4,530)	(378,751)
Beginning balance (in shares) at Mar. 31, 2022		150,603,231
Beginning balance at Mar. 31, 2022	336,393	$ 16	729,299	(1,402)	(391,520)
Net income (loss)	6,317				6,317
Issuance of common stock pursuant to equity compensation plan (in shares)		252,536
Shares withheld for tax withholdings on vested stock awards (in shares)		(29,475)
Shares withheld for tax withholdings on vested stock awards	(495)		(495)
Share-based compensation	6,378		6,378
Common Stock relating to acquisition (in shares)		28,733
Common Stock relating to asset acquisition	500		500
Foreign currency translation adjustments	(3,687)			(3,687)
Ending balance (in shares) at Jun. 30, 2022		150,855,025
Ending balance at Jun. 30, 2022	$ 345,406	$ 16	735,682	(5,089)	(385,203)
Beginning balance (in shares) at Dec. 31, 2022	132,214,695	132,214,695
Beginning balance at Dec. 31, 2022	$ 167,053	$ 14	550,320	(4,530)	(378,751)
Net income (loss)	(20,259)				(20,259)
Issuance of common stock pursuant to equity compensation plan (in shares)		473,049
Shares withheld for tax withholdings on vested stock awards (in shares)		(170,415)
Shares withheld for tax withholdings on vested stock awards	(2,195)		(2,195)
Issuance of Common Stock relating to employee stock purchase plan	2,034		2,034
Share-based compensation	3,577		3,577
Common Stock relating to acquisition (in shares)		109,625
Common Stock relating to asset acquisition	1,310		1,310
Foreign currency translation adjustments	888			888
Ending balance (in shares) at Mar. 31, 2023		132,626,954
Ending balance at Mar. 31, 2023	$ 152,408	$ 14	555,046	(3,642)	(399,010)
Beginning balance (in shares) at Dec. 31, 2022	132,214,695	132,214,695
Beginning balance at Dec. 31, 2022	$ 167,053	$ 14	550,320	(4,530)	(378,751)
Net income (loss)	(16,895)
Foreign currency translation adjustments	$ 521
Ending balance (in shares) at Jun. 30, 2023	132,881,417	132,881,417
Ending balance at Jun. 30, 2023	$ 161,842	$ 14	561,483	(4,009)	(395,646)
Beginning balance (in shares) at Mar. 31, 2023		132,626,954
Beginning balance at Mar. 31, 2023	152,408	$ 14	555,046	(3,642)	(399,010)
Net income (loss)	3,364				3,364
Issuance of common stock pursuant to equity compensation plan (in shares)		254,742
Shares withheld for tax withholdings on vested stock awards (in shares)		(83,234)
Shares withheld for tax withholdings on vested stock awards	(545)		(545)
Issuance of Common Stock relating to employee stock purchase plan (in shares)		82,955
Issuance of Common Stock relating to employee stock purchase plan	698		698
Share-based compensation	8,524		8,524
Accelerated share repurchase payment	(2,240)		(2,240)
Foreign currency translation adjustments	$ (367)			(367)
Ending balance (in shares) at Jun. 30, 2023	132,881,417	132,881,417
Ending balance at Jun. 30, 2023	$ 161,842	$ 14	$ 561,483	$ (4,009)	$ (395,646)

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended				6 Months Ended		12 Months Ended
	Jun. 30, 2023	Mar. 31, 2023	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Cash flows from operating activities:
Net (loss) income	$ 3,364	$ (20,259)	$ 6,317	$ 31,455	$ (16,895)	$ 37,772
Adjustments to reconcile net (loss) income to net cash from operating activities
Share-based compensation					12,101	13,427
Amortization of intangible assets					11,126	7,371
Depreciation of property and equipment					4,483	3,268
Amortization of other assets					1,107	280
Amortization of debt issuance costs					2,114	2,114
Inventory write-down					4,365	2,028
Provision for estimated credit losses					1,380	435
Change in fair value adjustment of warrant liabilities	(11,585)		(15,185)		(2,509)	(67,237)
Other, net					1,796	5,108
Changes in operating assets and liabilities:
Accounts receivable					(138)	(34,410)
Inventories					(2,605)	(38,596)
Prepaid expenses, other current assets, and income tax receivable					(12,188)	(5,209)
Accounts payable, accrued expenses, and income tax payable					9,239	8,449
Other, net					(4,420)	(4,606)
Net cash provided by (used for) operating activities					8,956	(69,806)
Cash flows from investing activities:
Cash paid for intangible assets					(4,365)	(1,252)
Cash paid for property and equipment					(3,623)	(5,577)
Cash paid for asset acquisitions					(16,915)	(1,475)
Net cash used for investing activities					(24,903)	(8,304)
Cash flows from financing activities:
Payment of tax withholdings on vested stock awards					(2,083)	0
Payment of contingent consideration related to acquisitions					0	(2,763)
Payment of accelerated share repurchases					(2,240)	0
Other, net					582	0
Net cash used for financing activities					(3,741)	(2,763)
Net decrease in cash and cash equivalents					(19,688)	(80,873)
Effect of foreign currency translation on cash					1,219	(43)
Cash and cash equivalents, beginning of period		$ 568,197		$ 901,886	568,197	901,886	$ 901,886
Cash and cash equivalents, end of period	$ 549,728		$ 820,970		$ 549,728	$ 820,970	$ 568,197

Description of Business

Description of Business	6 Months Ended
	Jun. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Description of Business	Description of Business The Beauty Health Company (the “Company”) is a global category-creating company delivering skin health experiences that help consumers reinvent their relationship with their skin, bodies and self-confidence. The Company and its subsidiaries design, develop, manufacture, market, and sell a/esthetic technologies and products. The Company’s brands are pioneers: Hydrafacial in hydradermabrasion; SkinStylus in microneedling; and Keravive in scalp health. Together, with its powerful community of estheticians, partners and consumers, the Company is personalizing skin health for all ages, genders, skin tones, and skin types. Historical Information The Company (f.k.a. Vesper Healthcare Acquisition Corp.) was incorporated in the State of Delaware on July 8, 2020. On May 4, 2021, we consummated the previously announced business combination pursuant to that certain Agreement and Plan of Merger, dated December 8, 2020, by and among Vesper Healthcare Acquisition Corp. (“Vesper Healthcare”), Hydrate Merger Sub I, Inc. (“Merger Sub I”), Hydrate Merger Sub II, LLC (“Merger Sub II”), LCP Edge Intermediate, Inc., the indirect parent of HydraFacial LLC, f.k.a. Edge Systems LLC (“Hydrafacial”), and LCP Edge Holdco, LLC (“LCP,” or “Former Parent,” and, in its capacity as the stockholders’ representative, the “Stockholders’ Representative”) (the “Merger Agreement”), which provided for: (a) the merger of Merger Sub I with and into Hydrafacial, with Hydrafacial continuing as the surviving corporation (the “First Merger”), and (b) immediately following the First Merger and as part of the same overall transaction as the First Merger, the merger of Hydrafacial with and into Merger Sub II, with Merger Sub II continuing as the surviving entity (the “Second Merger” and, together with the First Merger, the “Mergers” and, together with the other transactions contemplated by the Merger Agreement, the “Business Combination”). As a result of the First Merger, the Company owns 100% of the outstanding common stock of Hydrafacial and each share of common stock and preferred stock of Hydrafacial was cancelled and converted into the right to receive a portion of the consideration payable in connection with the Mergers. As a result of the Second Merger, the Company owns 100% of the outstanding interests in Merger Sub II. In connection with the closing of the Business Combination, the Company owns, directly or indirectly, 100% of the stock of Hydrafacial and its subsidiaries and the stockholders of Hydrafacial as of immediately prior to the effective time of the First Merger (the “Hydrafacial Stockholders”) hold a portion of the Company’s Class A common stock, par value $0.0001 per share (the “Class A Common Stock”) . Basis of Presentation The accompanying unaudited interim financial statements have been prepared in accordance with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all information and footnotes required by accounting principles generally accepted in the United States of America (“GAAP”) for complete financial statements. These statements reflect all normal and recurring adjustments which, in the opinion of management, are necessary to present fairly the financial position, results of operations and cash flows of the Company for the interim periods presented. These interim financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto included in, or presented as exhibits to, the Company’s Annual Report on Form 10-K for the year ended December 31, 2022. Subsequent to the issuance of the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2022, during the six months ended June 30, 2023, the Company identified prior period misstatements related to the elimination of intercompany balances and right of return assets. Although the Company concluded that these misstatements were not material, either individually or in the aggregate, the Company elected to revise its previously issued consolidated financial statements on a prospective basis to correct for these misstatements. These misstatements impacted the fiscal years 2020 to 2022 and the three months ended March 31, 2023. The revision of the previously issued consolidated financial statements is presented in the accompanying unaudited consolidated financial statements and related disclosures. For further detail, refer to Note 15 - Revision for Immaterial Misstatements. Certain prior period amounts have been reclassified to conform to the current period presentation.

Revenue

Revenue	6 Months Ended
	Jun. 30, 2023
Revenue from Contract with Customer [Abstract]
Revenue	Revenue The Company generates revenue primarily through manufacturing and selling Hydrafacial Delivery Systems (“Delivery Systems”) that cleanses, extracts, and hydrates the skin and the related serums, solutions, tips, and consumables (collectively, “Consumables”). Original Consumables are sold solely and exclusively by the Company (and from authorized retailers) and are available for purchase separately from the purchase of Delivery Systems. For both Delivery Systems and Consumables, revenue is recognized upon transfer of control to the customer. We use independent financing institutions to offer customers financing for the purchase of our products on a non-recourse basis. Under certain limited arrangements, which are not material, the customer’s receivable balance is with recourse whereby we are responsible for repaying the financing company should the customer default. The Company manages its business on the basis of one operating segment and one reportable segment. As a result, the chief operating decision maker, who is the Chief Executive Officer, reviews financial information presented on a consolidated basis for purposes of making operating decisions, allocating resources and evaluating financial performance. The Company’s revenue disaggregated by major product line consists of the following for the periods indicated: Three Months Ended June 30, Six Months Ended June 30, (in thousands) 2023 2022 2023 2022 Net Sales Delivery Systems $ 65,590 $ 64,783 $ 110,943 $ 106,430 Consumables 51,889 38,753 92,814 72,521 Total net sales $ 117,479 $ 103,536 $ 203,757 $ 178,951 Net sales by geographic region were as follows for the periods indicated: Three Months Ended June 30, Six Months Ended June 30, (in thousands) 2023 2022 2023 2022 Americas $ 63,644 $ 75,354 $ 116,622 $ 119,960 Asia-Pacific (“APAC”) 25,248 10,386 38,868 23,287 Europe, the Middle East and Africa (“EMEA”) 28,587 17,796 48,267 35,704 Total net sales $ 117,479 $ 103,536 $ 203,757 $ 178,951 Delivery Systems net sales in the current and prior year were impacted regionally by the timing of the region’s respective Syndeo launch. The decrease in net sales of Delivery Systems in the Americas was as compared to the prior year launch of Syndeo, while the international Syndeo launch was during the three months ended June 30, 2023.

Balance Sheet Components

Balance Sheet Components	6 Months Ended
	Jun. 30, 2023
Inventory Disclosure [Abstract]
Balance Sheet Components	Balance Sheet Components Inventories consist of the following as of the periods indicated: (in thousands) June 30, 2023 December 31, 2022 Raw materials $ 32,267 $ 38,373 Finished goods 74,733 71,283 Total inventories $ 107,000 $ 109,656 Accrued payroll-related expenses include the following as of the periods indicated: (in thousands) June 30, 2023 December 31, 2022 Accrued compensation $ 10,149 $ 4,154 Accrued payroll taxes 2,014 1,357 Accrued benefits 5,089 5,643 Accrued sales commissions 8,902 10,523 Total accrued payroll-related expenses $ 26,154 $ 21,677 Other accrued expenses include the following as of the periods indicated: (in thousands) June 30, 2023 December 31, 2022 Sales and VAT tax payables $ 7,271 $ 4,904 Royalty liabilities 4,045 2,348 Accrued interest 2,344 2,344 Note payable due seller — 1,819 Other 5,485 3,768 Total other accrued expenses $ 19,145 $ 15,183

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 2023
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements The following tables present information about the Company’s assets and liabilities that are measured at fair value on a recurring basis as of June 30, 2023 and December 31, 2022, and indicate the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value. The three levels of the fair value hierarchy are as follows: Level 1: Quoted prices in active markets for identical assets or liabilities. An active market for an asset or liability is a market in which transactions for the asset or liability occur with sufficient frequency and volume to provide pricing information on an ongoing basis. Level 2: Observable inputs other than Level 1 inputs. Examples of Level 2 inputs include quoted prices in active markets for similar assets or liabilities and quoted prices for identical assets or liabilities in markets that are not active. Level 3: Unobservable inputs based on our assessment of the assumptions that market participants would use in pricing the asset or liability. As of June 30, 2023 (in thousands) Level 1 Level 2 Level 3 Total Assets Cash and cash equivalents: Money market funds $ 475,041 $ — $ — $ 475,041 Liabilities Warrant liability — Private Placement Warrants $ — $ — $ 12,964 $ 12,964 As of December 31, 2022 (in thousands) Level 1 Level 2 Level 3 Total Assets Cash and cash equivalents: Money market funds $ 513,009 $ — $ — $ 513,009 Liabilities Warrant liability — Private Placement Warrants $ — $ — $ 15,473 $ 15,473 In October 2020, in connection with the consummation of Vesper Healthcare’s initial public offering, the Company issued 9,333,333 warrants to purchase shares of the Company’s Class A Common Stock at $11.50 per share (the “Private Placement Warrants”), to BLS Investor Group LLC. As of June 30, 2023 and December 31, 2022, the Company had approximately 7 million Private Placement Warrants outstanding. A s of June 30, 2023

Property and Equipment, net

Property and Equipment, net	6 Months Ended
	Jun. 30, 2023
Property, Plant and Equipment [Abstract]
Property and Equipment, net	Property and Equipment, net Property and equipment consist of the following as of the periods indicated: (in thousands) Useful life (years) June 30, 2023 December 31, 2022 Furniture and fixtures 2-7 $ 6,221 $ 5,364 Computers and equipment 3-5 5,455 4,901 Machinery and equipment 2-5 8,651 6,427 Autos and trucks 5 202 161 Tooling 5 582 638 Leasehold improvements Shorter of remaining lease 12,906 11,812 Total property and equipment 34,017 29,303 Less: accumulated depreciation and amortization (16,862) (12,494) Construction in progress 803 1,375 Property and equipment, net $ 17,958 $ 18,184

Goodwill and Intangible Assets,

Goodwill and Intangible Assets, net	6 Months Ended
	Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets, net	Goodwill and Intangible Assets, net The gross carrying amount and accumulated amortization of the Company’s intangible assets as of June 30, 2023 were as follows: (in thousands) Gross Accumulated Net Carrying Estimated Developed technology $ 92,616 $ (61,280) $ 31,336 3-10 Customer relationships 18,585 (9,480) 9,105 5-10 Trademarks 11,446 (4,977) 6,469 15 Capitalized software 13,900 (2,678) 11,222 3-5 Non-compete agreement 5,864 (877) 4,987 3 Patents 2,898 (448) 2,450 3-19 Total intangible assets $ 145,309 $ (79,740) $ 65,569 The gross carrying amount and accumulated amortization of the Company’s intangible assets as of December 31, 2022 were as follows: (in thousands) Gross Accumulated Net Carrying Estimated Developed technology $ 73,188 $ (54,422) $ 18,766 3-8 Customer relationships 18,089 (7,602) 10,487 5-10 Trademarks 10,907 (4,119) 6,788 15 Capitalized software 9,620 (1,507) 8,113 3-5 Non-compete agreement 776 (395) 381 3 Patents 2,226 (375) 1,851 3-19 Total intangible assets $ 114,806 $ (68,420) $ 46,386 The change in the carrying value of goodwill for the six months ended June 30, 2023 is as follows: (in thousands) December 31, 2022 $ 124,593 Foreign currency translation impact 758 June 30, 2023 $ 125,351 In February 2023, the Company acquired all of the outstanding shares of Esthetic Medical, Inc. (“EMI”) in exchange for (i) a cash payment of $11.8 million and (ii) 109,625 shares of Class A Common Stock of the Company ($1.3 million). In addition, Dr. Lawrence Groop (the “Seller”) is entitled to receive up to an additional $3.2 million in contingent consideration based upon the achievement of certain conditions defined in the purchase agreement, of which $1.9 million was considered probable as of the acquisition date. Applicable tax guidance was used to apply the simultaneous equation method to incrementally assign $4.6 million to the book value of the intangible asset in excess of the purchase price. The Company accounted for this transaction as an asset acquisition and allocated substantially all of the purchase price and the tax basis difference totaling $19.9 million to intangible assets, primarily related to developed technology. In July 2023, EMI obtained clearance from the U.S. Food and Drug Administration that the SkinStylus Sterilock MicroSystem is cleared for use as a treatment to improve the appearance of facial acne scars in Fitzpatrick skin types I, II, and III in adults aged 22 years and older (the “Facial Indication Approval”). Obtaining the Facial Indication Approval triggered a $1.3 million contingent payment, previously not considered probable, to be payable by the Company to Seller.

Long-term Debt

Long-term Debt	6 Months Ended
	Jun. 30, 2023
Debt Disclosure [Abstract]
Long-term Debt	Long-term Debt Amended and Restated Credit Facility On November 14, 2022, the Company, as successor by assumption to Hydrafacial (formerly known as Edge Systems LLC), a California limited liability company, entered into an Amended and Restated Credit Agreement (as it may be further amended, restated, supplemented or modified from time to time, the “Credit Agreement”) with JPMorgan Chase Bank, N.A. (the “Administrative Agent”). The Credit Agreement provides for a $50.0 million revolving credit facility with a maturity date of November 14, 2027. In addition, the Company has the ability from time to time to increase the revolving commitments or enter into one or more tranches of term loans up to an additional aggregate amount not to exceed $50.0 million, subject to receipt of lender commitments and certain conditions precedent. As of June 30, 2023, the Credit Agreement remains undrawn and there is no outstanding balance under the revolving credit facility. The Credit Agreement contains various restrictive covenants subject to certain exceptions, including limitations on th e Company’s a bility to incur indebtedness and certain liens, make certain investments, become liable under contingent obligations in certain circumstances, make certain restricted payments, make certain dispositions within guidelines and limits, engage in certain affiliate transactions, alter its fundamental business or make certain fundamental changes, and requirements to maintain certain financial covenants, including maintaining a leverage ratio of no greater than 3.00 to 1.00 and maintaining a fixed charge coverage ratio of not less than 1.15 to 1.00. As of June 30, 2023 , the Company was in compliance with all restrictive and financial covenants of the Credit Agreement. Convertible Senior Notes On September 14, 2021, the Company issued an aggregate of $750.0 million in principal amount of its 1.25% Convertible Senior Notes due 2026 (the “Notes”). The Notes were issued pursuant to, and are governed by, an indenture dated as of September 14, 2021, between the Company and U.S. Bank National Association, as trustee. Pursuant to the purchase agreement between the Company and the initial purchasers of the Notes, the Company granted the initial purchasers an option to purchase, for settlement within a period of 13 days from, and including, the date the Notes were first issued, up to an additional $100.0 million principal amount of Notes. The Notes issued on September 14, 2021 include the $100.0 million principal amount of Notes issued pursuant to the full exercise by the initial purchasers of such option. The following is a summary of the Company’s Notes for the periods indicated: (in thousands) June 30, 2023 December 31, 2022 1.25% Convertible Notes due 2026 $ 750,000 $ 750,000 Unamortized Issuance Costs (13,743) (15,857) Net Carrying Value $ 736,257 $ 734,143 As of June 30, 2023 and December 31, 2022, the estimated fair value of the Notes was approximately $591.0 million and $567.0 million, respectively. The estimated fair value of the Notes was determined based on the actual bid price of the Notes on June 30, 2023 and December 31, 2022 and are classified as Level 2 within the fair value hierarchy. Capped Call Transactions On September 9, 2021, in connection with the pricing of the offering of Notes, the Company entered into privately negotiated capped call transactions (the “Base Capped Call Transactions”). In addition, on September 10, 2021, in connection with the initial purchasers’ exercise of their option to purchase additional Notes, the Company entered into additional capped call transactions (the “Additional Capped Call Transactions”, and together with the Base Capped Call Transactions, the “Capped Call Transactions”). The Capped Call Transactions cover, subject to customary anti-dilution adjustments, the aggregate number of shares of the Company’s common stock that initially underlie the Notes, and are expected generally to reduce potential dilution to the Company’s common stock upon any conversion of Notes and/or offset any cash payments the Company is required to make in excess of the principal amount of converted Notes, as the case may be, with such reduction and/or offset subject to a cap, based on the cap price of the Capped Call Transactions. The cap price of the Capped Call Transactions is initially $47.94, which represents a premium of 100% over the last reported sale price of the Company’s common stock on September 9, 2021. The cost of the Capped Call Transactions was $90.2 million. The Capped Call Transactions are separate transactions, each between the Company and the applicable option counterparty, and are not part of the terms of the Notes and do not affect any holder’s rights under the Notes or the Indenture. Holders of the Notes will not have any rights with respect to the Capped Call Transactions.

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2023
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The tax provisions for the three and six months ended June 30, 2023 and 2022 were computed using the estimated effective tax rates projected for domestic and international taxable jurisdictions for the full year as adjusted for discrete items arising during each quarter. Income tax benefit for the six months ended June 30, 2023 was $5.9 million. Income tax expense for the six months ended June 30, 2022 was $2.7 million. Income tax benefit for the three months ended June 30, 2023 was $2.2 million. Income tax expense for the three months ended June 30, 2022 was $0.1 million. The effective tax rate for the three and six months ended June 30, 2023 is (187.3)% and 25.7%. The effective tax rate for the three and six months ended June 30, 2022 was 1.2% and 6.7%. The effective tax rate differs from the federal statutory rate of 21% due primarily to a full valuation allowance against the Company’s U.S. deferred tax assets, foreign jurisdictions that are taxed at different rates, state taxes, and the impact of discrete items that may occur in any given year but which are not consistent from year to year. The Company has established a valuation allowance in the U.S. and Singapore against a portion of its remaining deferred tax assets because it is more likely than not that certain deferred tax assets will not be realized. In determining whether deferred tax assets are realizable, the Company considers numerous factors including historical profitability, the amount of future taxable income, and the existence of taxable temporary differences that can be used to realize deferred tax assets. Additionally, the Company applies ASC 740, the accounting standard addressing the accounting for uncertainty in income taxes that prescribes rules for recognition, measurement and classification in the financial statements of tax positions taken or expected to be taken in a tax return. The Company has gross unrecognized tax benefits of $1.0 million and $0.2 million for the six months ended June 30, 2023 and June 30, 2022, respectively. The Inflation Reduction Act, signed into law on August 16, 2022, provides tax incentives for certain industries and imposes a 15% minimum tax on the book income of certain large corporations and a 1% excise tax on stock buybacks. The Company may be subject to the new excise tax on certain stock buybacks that occur after December 31, 2022. The Company does not anticipate a material impact from the Inflation Reduction Act on its condensed consolidated financial statements.

Share-Based Payments

Share-Based Payments	6 Months Ended
	Jun. 30, 2023
Share-Based Payment Arrangement [Abstract]
Share-Based Payments	Share-Based Payments The Company has various stock compensation plans, which are more fully described in Part II, Item 8 "Financial Statements and Supplementary Data—Note 13 to the Consolidated Financial Statements—Equity-Based Compensation" in the Company’s 2022 Annual Report on Form 10-K. Under the Beauty Health Company 2021 Incentive Award Plan, the Company may grant stock options, stock appreciation rights, restricted stock, restricted stock units, dividend equivalents, other stock or cash-based awards to eligible service providers. Additionally, the Company maintains the Employee Stock Purchase Plan for employees located in the United States, whereby eligible employees can have up to 10% of their earnings withheld, subject to certain maximums, to be used to purchase shares of the Company’s Class A Common Stock at certain purchase dates. Share-based compensation expense, which is primarily recorded within selling and marketing and general and administrative expenses, was as follows for the periods indicated: Three Months Ended June 30, Six Months Ended June 30, (in thousands) 2023 2022 2023 2022 Stock options $ 1,289 $ 2,254 $ 2,546 $ 5,473 Restricted stock units 5,758 2,951 9,174 5,466 Performance-based restricted stock units 1,384 1,078 190 2,279 Employee stock purchase plan 93 95 191 209 $ 8,524 $ 6,378 $ 12,101 $ 13,427 Performance-based restricted stock unit expense includes reversal of expense related to the forfeiture of unvested awards during the three months ended March 31, 2023. As of June 30, 2023, total unrecognized compensation expense related to unvested share-based compensation totaled $79.1 million and is expected to be recognized over a weighted-average period of 2.2 years.

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2023
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Ageless On October 21, 2020, Hydrafacial filed a complaint against Ageless Serums LLC (“Ageless”) in the United States District Court for the Central District of California, Western Division, captioned Edge Systems LLC v. Ageless Serums LLC, Case No. 2:20-cv-09669-FMO-PVC (the “California Case”), for contributory trademark infringement, false designation of origin, induced breach of contract, tortious interference with contractual relations, and unfair competition. In the complaint, Hydrafacial alleges that Ageless is selling its serums to Hydrafacial customers and intentionally encouraging those customers to market treatments performed by such customers as “Hydrafacial Treatments,” in violation of the customers’ license agreements with Hydrafacial and that Ageless is improperly marketing its products for use as part of the Hydrafacial treatment. Hydrafacial is seeking monetary damages and injunctive relief. Additionally, on December 22, 2020, Hydrafacial filed a complaint against Ageless in the United States District Court for the Southern District of Texas, Houston Division, captioned Edge Systems LLC v. Ageless Serums LLC, Case No. 4:20-cv 04335 (“the Texas Case”), alleging infringement of six of Hydrafacial’s patents. Hydrafacial is seeking monetary damages and injunctive relief. Ageless ultimately answered and asserted counterclaims in both actions. On May 5, 2022, Ageless filed a Chapter 11 bankruptcy petition in the United States Bankruptcy Court for the Southern District of Texas, Houston Division (the “Houston Bankruptcy Court”), and the California Case and Texas Case were stayed. On September 7, 2022, Hydrafacial filed a proof of claim, asserting a $12.7 million general unsecured claim for damages arising from claims alleged in the California Case and Texas Case. On January 4, 2023, Hydrafacial filed an Objection to the Confirmation of Debtor’s Subchapter V Plan of Reorganization and Brief in Support. On March 8, 2023, the parties engaged in mediation discussions in an attempt to settle the claims alleged in the California Case and Texas Case. During the mediation, the parties reached a tentative settlement agreement of all claims. However, the terms and conditions of the tentative settlement agreement are still being negotiated between the parties, and any such settlement must be approved by the Houston Bankruptcy Court. Hydrafacial plans to continue a vigorous pursuit of its claims against Ageless in the event the parties cannot consummate a definitive settlement agreement of all claims and/or the Houston Bankruptcy Court does not approve such definitive settlement agreement. Cartessa On December 14, 2020, Hydrafacial filed a complaint against Cartessa Aesthetics, LLC (“Cartessa”) in the United States District Court for the Eastern District of New York (the “New York Court”), captioned Edge Systems LLC v. Cartessa Aesthetics, LLC, Case No. 1:20-cv-6082, for patent infringement arising from Cartessa’s sale of a delivery system that allegedly infringes five of Hydrafacial’s patents on its device. Hydrafacial later narrowed its allegation to assert infringement of four of its patents. The New York Court granted Hydrafacial’s Motion for Summary Judgment of No Unclean Hands, granted Hydrafacial’s Motion for Summary Judgment of No Invalidity of one of the patents-in-suit, granted Cartessa’s Motion for Summary Judgment of non-infringement of one of the patents-in-suit, and denied Cartessa’s Motion for Summary Judgment of non-infringement on the three remaining patents-in-suit. As of the date of this report, the parties are awaiting the New York Court to set a trial date on Hydrafacial’s remaining three patents-in-suit. Hydrafacial is seeking money damages and injunctive relief, and plans to vigorously pursue its claims against Cartessa.

Related-Party Transactions

Related-Party Transactions	6 Months Ended
	Jun. 30, 2023
Related Party Transactions [Abstract]
Related-Party Transactions	Related-Party Transactions Registration Rights Agreement In connection with the consummation of the Business Combination, on May 4, 2021, the Company entered into that certain Amended and Restated Registration Rights Agreement (the “Registration Rights Agreement”) with BLS Investor Group LLC (the “Sponsor”) and the Hydrafacial stockholders. Pursuant to the terms of the Registration Rights Agreement, (i) any outstanding shares of Class A Common Stock or any other equity securities (including the Private Placement Warrants and including shares of Class A Common Stock issued or issuable upon the exercise of any other equity security) of the Company held by the Sponsor or the Hydrafacial stockholders (together, the “Restricted Stockholders”) as of the date of the Registration Rights Agreement or thereafter acquired by a Restricted Stockholder (including the shares of Class A Common Stock issued upon conversion of the 11,500,000 shares of Class B Common Stock (the “Founder Shares”) that were owned by the Sponsor and converted into shares of Class A Common Stock in connection with the Business Combination and upon exercise of any Private Placement Warrants) and shares of Class A Common Stock issued as earn-out shares to the Hydrafacial stockholders and (ii) any other equity security of the Company issued or issuable with respect to any such share of common stock by way of a stock dividend or stock split or in connection with a combination of shares, recapitalization, merger, consolidation or other reorganization or otherwise will be entitled to registration rights. The Registration Rights Agreement provides that the Company will, within 60 days after the consummation of the Business Combination, file with the Securities and Exchange Commission (the “SEC”) a shelf registration statement registering the resale of the shares of common stock held by the Restricted Stockholders and will use its reasonable best efforts to have such registration statement declared effective as soon as practicable after the filing thereof, but in no event later than 60 days following the filing deadline. The Company filed such registration statement on July 19, 2021 and it was declared effective by the SEC on July 26, 2021. The Hydrafacial stockholders are entitled to make up to an aggregate of two demands for registration, excluding short form demands, that the Company register shares of common stock held by these parties. In addition, the Restricted Stockholders have certain “piggy-back” registration rights. The Company will bear the expenses incurred in connection with the filing of any registration statements filed pursuant to the terms of the Registration Rights Agreement. The Company and the Restricted Stockholders agree in the Registration Rights Agreement to provide customary indemnification in connection with any offerings of common stock effected pursuant to the terms of the Registration Rights Agreement. Pursuant to the Registration Rights Agreement, the Sponsor agreed to restrictions on the transfer of securities issued to it in the Company’s initial public offering, which (i) in the case of the Founder Shares is one year after the completion of the Business Combination unless (A) the closing price of the common stock equals or exceeds $12.00 per share for 20 days out of any 30-trading-day period commencing at least 150 days following the closing of the Business Combination or (B) the Company completes a liquidation, merger, capital stock exchange, reorganization or other similar transaction that results in all of the Company’s stockholders having the right to exchange their shares of common stock for cash, securities or other property, and (ii) in the case of the Private Placement Warrants and the respective Class A Common Stock underlying the Private Placement Warrants is 30 days after the completion of the Business Combination. The Sponsor and its permitted transferees will also be required, subject to the terms and conditions in the Registration Rights Agreement, not to transfer their Private Placement Warrants (as defined in the Registration Rights Agreement) or shares of common stock issuable upon the exercise thereof for 30 days following the closing. Investor Rights Agreement In connection with the consummation of the Business Combination, on May 4, 2021, the Company and LCP Edge Holdco, LLC (“LCP”) entered into that certain Investor Rights Agreement (the “Investor Rights Agreement”). Pursuant to the Investor Rights Agreement, LCP has the right to designate a number of directors for appointment or election to the Company’s board of directors as follows: (i) one director for so long as LCP holds at least 10% of the outstanding Class A Common Stock, (ii) two directors for so long as LCP holds at least 15% of the outstanding Class A Common Stock, and (iii) three directors for so long as LCP holds at least 40% of the outstanding Class A Common Stock. Pursuant to the Investor Rights Agreement, for so long as LCP holds at least 10% of the outstanding Class A Common Stock, LCP will be entitled to have at least one of its designees represented on the compensation committee and nominating and corporate governance committee of the Company’s board of directors. Amended and Restated Management Services Agreement Hydrafacial entered into a Management Services Agreement, dated December 1, 2016 with Linden Capital Partners III LP (“Linden Capital Partners III”) and DW Management Services, L.L.C. (“DW Management Services”) pursuant to which the parties receive quarterly monitoring fees of the greater of (a) $125,000 and (b) 1.25% of Last Twelve Months EBITDA multiplied by the quotient of (x) the aggregate capital invested by the investors of DW Healthcare Partners IV (B), L.P. (“DWHP Investors”) into LCP and/or its subsidiaries as of such date, divided by (y) the sum of (i) the aggregate capital invested by the DWHP Investors into LCP and/or its subsidiaries, plus (ii) the aggregate capital invested by Linden Capital Partners III into LCP and/or its subsidiaries as of the date of payment. In addition, the management services agreement provides for other fees in relation to services that may be provided in connection with equity and/or debt financing, acquisition of any other business, company, product line or enterprise, or divestiture of any division, business, and product or material assets. The fees vary between 1% and 2% of the related transaction amount. Linden Capital Partners III also received a transaction fee upon the consummation of the Business Combination. In connection with the consummation of the Business Combination, on May 4, 2021, the Company, its subsidiary, Edge Systems LLC, and Linden Capital III LLC, the general partner of Linden Manager III LP (the “Linden Manager”) entered into an Amended and Restated Management Services Agreement (the “Linden Management Services Agreement”) pursuant to which the Linden Manager may continue to provide advisory services at the request of the Company related to mergers and acquisitions for one year following the Business Combination. As consideration for such services, the Company will pay a fee, equal to 1% of enterprise value of the target acquired, to the Linden Manager upon the consummation of any such transaction (the “1% Fee”). The Company has also agreed to reimburse Linden Manager for certain expenses in connection with such advisory services. However, pursuant to the Linden Management Services Agreement, the Company’s obligation to pay the 1% Fee expired twelve months after the consummation of the Business Combination on May 4, 2022. Hydrafacial recorded approximately $0.2 million of charges related to management services fees for the six months ended June 30, 2022. There were no management fees during the six months ended June 30, 2023. In relation to the consummation of the Business Combination, $21.0 million in transaction fees was paid to the Former Parent. These amounts are included in general and administrative expenses on the Company’s condensed consolidated statements of comprehensive income (loss).

Stockholders_ Equity

Stockholders’ Equity	6 Months Ended
	Jun. 30, 2023
Equity [Abstract]
Stockholders’ Equity	Stockholders’ Equity Common Stock The Company is authorized to issue 320,000,000 shares of Class A Common Stock, par value of $0.0001 per share. Holders of Class A Common Stock are entitled to one vote for each share. As of June 30, 2023 and December 31, 2022, there were 132,881,417 and 132,214,695, respectively, of Class A Common Stock issued and outstanding. The Company has not declared or paid any dividends with respect to its Class A Common Stock. Common Stock Repurchases On September 26, 2022, the Company’s board of directors approved a common stock repurchase program pursuant to which the Company may repurchase up to $200.0 million of its outstanding shares of Class A Common Stock. Under the share repurchase program, repurchases can be made from time to time using a variety of methods, which may include open market purchases, privately negotiated transactions, or accelerated share repurchase programs. The Company entered into two accelerated share repurchase agreements on September 27, 2022 and November 9, 2022, respectively, with a financial institution to repurchase a total of $200.0 million of Class A Common Stock. Under the September 27, 2022 accelerated share repurchase agreement, the Company repurchased approximately 9.3 million shares for $100.0 million. Under the November 9, 2022 accelerated share repurchase agreement, the Company made a payment of $100.0 million and received initial deliveries of approximately 9.5 million shares, which represented 80% of the payment amount divided by the Company’s closing stock price on that date. During the three months ended June 30, 2023, the Company paid $2.2 million as the final settlement of the November 9, 2022 accelerated share repurchase agreement, which was based upon the average daily volume weighted average price of the Company’s Class A Common Stock during the repurchase period, less an agreed upon discount. Preferred Stock The Company is authorized to issue 1,000,000 shares of preferred stock with a par value of $0.0001 per share with such designations, voting and other rights and preferences as may be determined from time to time by the Company’s board of directors. As of June 30, 2023 and December 31, 2022, there were no shares of preferred stock issued or outstanding.

Net Income (Loss) Attributable

Net Income (Loss) Attributable to Common Stockholders	6 Months Ended
	Jun. 30, 2023
Earnings Per Share [Abstract]
Net Income (Loss) Attributable to Common Stockholders	The following table sets forth the calculation of both basic and diluted net income (loss) per share as follows for the periods indicated: Three Months Ended June 30, Six Months Ended June 30, (in thousands, except share and per share amounts) 2023 2022 2023 2022 Net income (loss) available to common stockholders - basic $ 3,364 $ 6,317 $ (16,895) $ 37,772 Less: Income on Private Placement Warrants — (15,185) — (67,237) Net income (loss) available to common stockholders - diluted $ 3,364 $ (8,868) $ (16,895) $ (29,465) Weighted average common shares outstanding - basic 132,716,024 150,731,491 132,569,209 150,665,166 Effect of dilutive shares: Private Placement Warrants — 987,960 — 1,609,228 Weighted average common shares outstanding - diluted 132,716,024 151,719,451 132,569,209 152,274,394 Basic net income (loss) per share $ 0.03 $ 0.04 $ (0.13) $ 0.25 Dilutive net income (loss) per share $ 0.03 $ (0.06) $ (0.13) $ (0.19) For the three and six months ended June 30, 2023 and 2022, all outstanding shares related to share-based awards and convertible notes were excluded from the calculation of diluted net loss per common share because their effect would be antidilutive. For the three and six months ended June 30, 2023, income and shares related to the Private Placement Warrants were excluded from the calculation of diluted net income (loss) per common share because their effect would be antidilutive.

New Accounting Pronouncements

New Accounting Pronouncements	6 Months Ended
	Jun. 30, 2023
Accounting Changes and Error Corrections [Abstract]
New Accounting Pronouncements	New Accounting Pronouncements Recent accounting pronouncements pending adoption not discussed in this Form 10-Q are either not applicable to the Company or are not expected to have a material impact on the Company.

Revision for Immaterial Misstat

Revision for Immaterial Misstatements	6 Months Ended
	Jun. 30, 2023
Quarterly Financial Information Disclosure [Abstract]
Revision for Immaterial Misstatements	Revision for Immaterial Misstatements As disclosed in Note 1 – Description of Business, subsequent to the issuance of the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2022, during the six months ended June 30, 2023, the Company identified misstatements related to the elimination of intercompany balances and right of return assets. Although the Company concluded that these misstatements were not material, either individually or in the aggregate, the Company elected to revise its previously issued consolidated financial statements to correct for these misstatements. The revision to the accompanying unaudited condensed consolidated balance sheets, condensed consolidated statements of comprehensive income (loss), and condensed consolidated statements of cash flows and related disclosures in Note 3 - Balance Sheet Components and Note 13 – Net (Loss) Income Attributable to Common Stockholders are detailed in the tables below. As of December 31, 2021, accumulated deficit was understated by $4.3 million, and as such, previously reported stockholders’ equity of $302.3 million was revised to $298.0 million. For the fiscal year ended December 31, 2022, net income was overstated $0.2 million. As of March 31, 2023, accumulated deficit was overstated $4.7 million, and as such, previously reported stockholders’ equity of $147.7 million was revised to $152.4 million. There were no other changes to the consolidated statements of stockholders’ equity that have not otherwise been reflected in the condensed consolidated balance sheets and condensed consolidated statements of comprehensive income (loss) as detailed in the tables below. As of December 31, 2022 Condensed Consolidated Balance Sheet (in thousands) As Previously Reported Adjustment As Revised Inventories $ 116,430 $ (6,774) $ 109,656 Prepaid expenses and other current assets $ 26,698 $ 950 $ 27,648 Total current assets $ 789,099 $ (5,824) $ 783,275 TOTAL ASSETS $ 1,008,907 $ (5,824) $ 1,003,083 Accounts payable $ 30,335 $ (1,868) $ 28,467 Income tax payable $ 962 $ 467 $ 1,429 Total current liabilities $ 73,115 $ (1,401) $ 71,714 TOTAL LIABILITIES $ 837,431 $ (1,401) $ 836,030 Accumulated deficit $ (374,328) $ (4,423) $ (378,751) Total stockholders' equity $ 171,476 $ (4,423) $ 167,053 TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 1,008,907 $ (5,824) $ 1,003,083 Three Months Ended June 30, 2022 Condensed Consolidated Statement of Comprehensive Income (Loss) (in thousands, except per share amounts) As Previously Reported Adjustment As Revised Cost of sales $ 31,882 $ 1,614 $ 33,496 Gross profit $ 71,654 $ (1,614) $ 70,040 Loss from operations $ (3,413) $ (1,614) $ (5,027) Income before provision for income taxes $ 8,007 $ (1,614) $ 6,393 Net income $ 7,931 $ (1,614) $ 6,317 Comprehensive income $ 4,244 $ (1,614) $ 2,630 Net income per share - Basic $ 0.05 $ (0.01) $ 0.04 Net loss per share - Diluted $ (0.05) $ (0.01) $ (0.06) Six Months Ended June 30, 2022 Condensed Consolidated Statement of Comprehensive Income (Loss) (in thousands, except per share amounts) As Previously Reported Adjustment As Revised Cost of sales $ 55,360 $ 2,666 $ 58,026 Gross profit $ 123,591 $ (2,666) $ 120,925 Loss from operations $ (16,374) $ (2,666) $ (19,040) Income before provision for income taxes $ 43,129 $ (2,666) $ 40,463 Net income $ 40,438 $ (2,666) $ 37,772 Comprehensive income $ 36,606 $ (2,666) $ 33,940 Net income per share - Basic $ 0.27 $ (0.02) $ 0.25 Net loss per share - Diluted $ (0.18) $ (0.01) $ (0.19) Six Months Ended June 30, 2022 Condensed Consolidated Statement of Cash Flows (in thousands) As Previously Reported Adjustment As Revised Net income $ 40,438 $ (2,666) $ 37,772 Changes in operating assets and liabilities: Inventories $ (41,262) $ 2,666 $ (38,596)

Description of Business (Polici

Description of Business (Policies)	6 Months Ended
	Jun. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited interim financial statements have been prepared in accordance with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all information and footnotes required by accounting principles generally accepted in the United States of America (“GAAP”) for complete financial statements. These statements reflect all normal and recurring adjustments which, in the opinion of management, are necessary to present fairly the financial position, results of operations and cash flows of the Company for the interim periods presented. These interim financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto included in, or presented as exhibits to, the Company’s Annual Report on Form 10-K for the year ended December 31, 2022. Subsequent to the issuance of the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2022, during the six months ended June 30, 2023, the Company identified prior period misstatements related to the elimination of intercompany balances and right of return assets. Although the Company concluded that these misstatements were not material, either individually or in the aggregate, the Company elected to revise its previously issued consolidated financial statements on a prospective basis to correct for these misstatements. These misstatements impacted the fiscal years 2020 to 2022 and the three months ended March 31, 2023. The revision of the previously issued consolidated financial statements is presented in the accompanying unaudited consolidated financial statements and related disclosures. For further detail, refer to Note 15 - Revision for Immaterial Misstatements. Certain prior period amounts have been reclassified to conform to the current period presentation.
New Accounting Pronouncements Not Yet Adopted	New Accounting Pronouncements Recent accounting pronouncements pending adoption not discussed in this Form 10-Q are either not applicable to the Company or are not expected to have a material impact on the Company.

Revenue (Tables)

Revenue (Tables)	6 Months Ended
	Jun. 30, 2023
Revenue from Contract with Customer [Abstract]
Schedule of disaggregation of revenue	The Company’s revenue disaggregated by major product line consists of the following for the periods indicated: Three Months Ended June 30, Six Months Ended June 30, (in thousands) 2023 2022 2023 2022 Net Sales Delivery Systems $ 65,590 $ 64,783 $ 110,943 $ 106,430 Consumables 51,889 38,753 92,814 72,521 Total net sales $ 117,479 $ 103,536 $ 203,757 $ 178,951
Schedule of net sales by geographic region	Net sales by geographic region were as follows for the periods indicated: Three Months Ended June 30, Six Months Ended June 30, (in thousands) 2023 2022 2023 2022 Americas $ 63,644 $ 75,354 $ 116,622 $ 119,960 Asia-Pacific (“APAC”) 25,248 10,386 38,868 23,287 Europe, the Middle East and Africa (“EMEA”) 28,587 17,796 48,267 35,704 Total net sales $ 117,479 $ 103,536 $ 203,757 $ 178,951

Balance Sheet Components (Table

Balance Sheet Components (Tables)	6 Months Ended
	Jun. 30, 2023
Inventory Disclosure [Abstract]
Schedule of inventory	Inventories consist of the following as of the periods indicated: (in thousands) June 30, 2023 December 31, 2022 Raw materials $ 32,267 $ 38,373 Finished goods 74,733 71,283 Total inventories $ 107,000 $ 109,656
Schedule of accrued payroll-related expenses	Accrued payroll-related expenses include the following as of the periods indicated: (in thousands) June 30, 2023 December 31, 2022 Accrued compensation $ 10,149 $ 4,154 Accrued payroll taxes 2,014 1,357 Accrued benefits 5,089 5,643 Accrued sales commissions 8,902 10,523 Total accrued payroll-related expenses $ 26,154 $ 21,677
Schedule of accrued expenses	Other accrued expenses include the following as of the periods indicated: (in thousands) June 30, 2023 December 31, 2022 Sales and VAT tax payables $ 7,271 $ 4,904 Royalty liabilities 4,045 2,348 Accrued interest 2,344 2,344 Note payable due seller — 1,819 Other 5,485 3,768 Total other accrued expenses $ 19,145 $ 15,183

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2023
Fair Value Disclosures [Abstract]
Schedule of assets and liabilities measured at fair value on recurring basis	As of June 30, 2023 (in thousands) Level 1 Level 2 Level 3 Total Assets Cash and cash equivalents: Money market funds $ 475,041 $ — $ — $ 475,041 Liabilities Warrant liability — Private Placement Warrants $ — $ — $ 12,964 $ 12,964 As of December 31, 2022 (in thousands) Level 1 Level 2 Level 3 Total Assets Cash and cash equivalents: Money market funds $ 513,009 $ — $ — $ 513,009 Liabilities Warrant liability — Private Placement Warrants $ — $ — $ 15,473 $ 15,473

Property and Equipment, net (Ta

Property and Equipment, net (Tables)	6 Months Ended
	Jun. 30, 2023
Property, Plant and Equipment [Abstract]
Schedule of property and equipment	Property and equipment consist of the following as of the periods indicated: (in thousands) Useful life (years) June 30, 2023 December 31, 2022 Furniture and fixtures 2-7 $ 6,221 $ 5,364 Computers and equipment 3-5 5,455 4,901 Machinery and equipment 2-5 8,651 6,427 Autos and trucks 5 202 161 Tooling 5 582 638 Leasehold improvements Shorter of remaining lease 12,906 11,812 Total property and equipment 34,017 29,303 Less: accumulated depreciation and amortization (16,862) (12,494) Construction in progress 803 1,375 Property and equipment, net $ 17,958 $ 18,184

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets, net (Tables)	6 Months Ended
	Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of intangible assets	The gross carrying amount and accumulated amortization of the Company’s intangible assets as of June 30, 2023 were as follows: (in thousands) Gross Accumulated Net Carrying Estimated Developed technology $ 92,616 $ (61,280) $ 31,336 3-10 Customer relationships 18,585 (9,480) 9,105 5-10 Trademarks 11,446 (4,977) 6,469 15 Capitalized software 13,900 (2,678) 11,222 3-5 Non-compete agreement 5,864 (877) 4,987 3 Patents 2,898 (448) 2,450 3-19 Total intangible assets $ 145,309 $ (79,740) $ 65,569 The gross carrying amount and accumulated amortization of the Company’s intangible assets as of December 31, 2022 were as follows: (in thousands) Gross Accumulated Net Carrying Estimated Developed technology $ 73,188 $ (54,422) $ 18,766 3-8 Customer relationships 18,089 (7,602) 10,487 5-10 Trademarks 10,907 (4,119) 6,788 15 Capitalized software 9,620 (1,507) 8,113 3-5 Non-compete agreement 776 (395) 381 3 Patents 2,226 (375) 1,851 3-19 Total intangible assets $ 114,806 $ (68,420) $ 46,386
Schedule of goodwill	The change in the carrying value of goodwill for the six months ended June 30, 2023 is as follows: (in thousands) December 31, 2022 $ 124,593 Foreign currency translation impact 758 June 30, 2023 $ 125,351

Long-term Debt (Tables)

Long-term Debt (Tables)	6 Months Ended
	Jun. 30, 2023
Debt Disclosure [Abstract]
Schedule of long-term debt	The following is a summary of the Company’s Notes for the periods indicated: (in thousands) June 30, 2023 December 31, 2022 1.25% Convertible Notes due 2026 $ 750,000 $ 750,000 Unamortized Issuance Costs (13,743) (15,857) Net Carrying Value $ 736,257 $ 734,143

Share-Based Payments (Tables)

Share-Based Payments (Tables)	6 Months Ended
	Jun. 30, 2023
Share-Based Payment Arrangement [Abstract]
Summary of share based compensation	Share-based compensation expense, which is primarily recorded within selling and marketing and general and administrative expenses, was as follows for the periods indicated: Three Months Ended June 30, Six Months Ended June 30, (in thousands) 2023 2022 2023 2022 Stock options $ 1,289 $ 2,254 $ 2,546 $ 5,473 Restricted stock units 5,758 2,951 9,174 5,466 Performance-based restricted stock units 1,384 1,078 190 2,279 Employee stock purchase plan 93 95 191 209 $ 8,524 $ 6,378 $ 12,101 $ 13,427

Net Income (Loss) Attributabl_2

Net Income (Loss) Attributable to Common Stockholders (Tables)	6 Months Ended
	Jun. 30, 2023
Earnings Per Share [Abstract]
Schedule of basic and diluted earnings per share	The following table sets forth the calculation of both basic and diluted net income (loss) per share as follows for the periods indicated: Three Months Ended June 30, Six Months Ended June 30, (in thousands, except share and per share amounts) 2023 2022 2023 2022 Net income (loss) available to common stockholders - basic $ 3,364 $ 6,317 $ (16,895) $ 37,772 Less: Income on Private Placement Warrants — (15,185) — (67,237) Net income (loss) available to common stockholders - diluted $ 3,364 $ (8,868) $ (16,895) $ (29,465) Weighted average common shares outstanding - basic 132,716,024 150,731,491 132,569,209 150,665,166 Effect of dilutive shares: Private Placement Warrants — 987,960 — 1,609,228 Weighted average common shares outstanding - diluted 132,716,024 151,719,451 132,569,209 152,274,394 Basic net income (loss) per share $ 0.03 $ 0.04 $ (0.13) $ 0.25 Dilutive net income (loss) per share $ 0.03 $ (0.06) $ (0.13) $ (0.19)

Revision for Immaterial Misst_2

Revision for Immaterial Misstatements (Tables)	6 Months Ended
	Jun. 30, 2023
Quarterly Financial Information Disclosure [Abstract]
Schedule of Error Corrections and Prior Period Adjustments	As of December 31, 2022 Condensed Consolidated Balance Sheet (in thousands) As Previously Reported Adjustment As Revised Inventories $ 116,430 $ (6,774) $ 109,656 Prepaid expenses and other current assets $ 26,698 $ 950 $ 27,648 Total current assets $ 789,099 $ (5,824) $ 783,275 TOTAL ASSETS $ 1,008,907 $ (5,824) $ 1,003,083 Accounts payable $ 30,335 $ (1,868) $ 28,467 Income tax payable $ 962 $ 467 $ 1,429 Total current liabilities $ 73,115 $ (1,401) $ 71,714 TOTAL LIABILITIES $ 837,431 $ (1,401) $ 836,030 Accumulated deficit $ (374,328) $ (4,423) $ (378,751) Total stockholders' equity $ 171,476 $ (4,423) $ 167,053 TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 1,008,907 $ (5,824) $ 1,003,083 Three Months Ended June 30, 2022 Condensed Consolidated Statement of Comprehensive Income (Loss) (in thousands, except per share amounts) As Previously Reported Adjustment As Revised Cost of sales $ 31,882 $ 1,614 $ 33,496 Gross profit $ 71,654 $ (1,614) $ 70,040 Loss from operations $ (3,413) $ (1,614) $ (5,027) Income before provision for income taxes $ 8,007 $ (1,614) $ 6,393 Net income $ 7,931 $ (1,614) $ 6,317 Comprehensive income $ 4,244 $ (1,614) $ 2,630 Net income per share - Basic $ 0.05 $ (0.01) $ 0.04 Net loss per share - Diluted $ (0.05) $ (0.01) $ (0.06) Six Months Ended June 30, 2022 Condensed Consolidated Statement of Comprehensive Income (Loss) (in thousands, except per share amounts) As Previously Reported Adjustment As Revised Cost of sales $ 55,360 $ 2,666 $ 58,026 Gross profit $ 123,591 $ (2,666) $ 120,925 Loss from operations $ (16,374) $ (2,666) $ (19,040) Income before provision for income taxes $ 43,129 $ (2,666) $ 40,463 Net income $ 40,438 $ (2,666) $ 37,772 Comprehensive income $ 36,606 $ (2,666) $ 33,940 Net income per share - Basic $ 0.27 $ (0.02) $ 0.25 Net loss per share - Diluted $ (0.18) $ (0.01) $ (0.19) Six Months Ended June 30, 2022 Condensed Consolidated Statement of Cash Flows (in thousands) As Previously Reported Adjustment As Revised Net income $ 40,438 $ (2,666) $ 37,772 Changes in operating assets and liabilities: Inventories $ (41,262) $ 2,666 $ (38,596)

Description of Business (Detail

Description of Business (Details) - $ / shares	Jun. 30, 2023	Dec. 31, 2022	May 04, 2021
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Common stock, par value (in dollars per share)	$ 0.0001	$ 0.0001	$ 0.0001
Hydrafacial
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Percentage of voting interests acquired			100%
Merger Sub II
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Percentage of voting interests acquired			100%
Hydrafacial and Subsidiaries
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Percentage of voting interests acquired			100%

Revenue - Narrative (Details)

Revenue - Narrative (Details)	6 Months Ended
	Jun. 30, 2023 segment
Revenue from Contract with Customer [Abstract]
Number of operating segments	1
Number of reportable segments	1

Revenue - Revenue Disaggregated

Revenue - Revenue Disaggregated (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Disaggregation of Revenue [Line Items]
Net sales	$ 117,479	$ 103,536	$ 203,757	$ 178,951
Delivery Systems
Disaggregation of Revenue [Line Items]
Net sales	65,590	64,783	110,943	106,430
Consumables
Disaggregation of Revenue [Line Items]
Net sales	$ 51,889	$ 38,753	$ 92,814	$ 72,521

Revenue - Geographic Region (De

Revenue - Geographic Region (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Disaggregation of Revenue [Line Items]
Net sales	$ 117,479	$ 103,536	$ 203,757	$ 178,951
Americas
Disaggregation of Revenue [Line Items]
Net sales	63,644	75,354	116,622	119,960
Asia-Pacific (“APAC”)
Disaggregation of Revenue [Line Items]
Net sales	25,248	10,386	38,868	23,287
Europe, the Middle East and Africa (“EMEA”)
Disaggregation of Revenue [Line Items]
Net sales	$ 28,587	$ 17,796	$ 48,267	$ 35,704

Balance Sheet Components - Sche

Balance Sheet Components - Schedule of inventory (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Inventory Disclosure [Abstract]
Raw materials	$ 32,267	$ 38,373
Finished goods	74,733	71,283
Total inventories	$ 107,000	$ 109,656

Balance Sheet Components - Sc_2

Balance Sheet Components - Schedule of accrued payroll-related expenses (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Inventory Disclosure [Abstract]
Accrued compensation	$ 10,149	$ 4,154
Accrued payroll taxes	2,014	1,357
Accrued benefits	5,089	5,643
Accrued sales commissions	8,902	10,523
Total accrued payroll-related expenses	$ 26,154	$ 21,677

Balance Sheet Components - Sc_3

Balance Sheet Components - Schedule of accrued expenses (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Inventory Disclosure [Abstract]
Sales and VAT tax payables	$ 7,271	$ 4,904
Royalty liabilities	4,045	2,348
Accrued interest	2,344	2,344
Note payable due seller	0	1,819
Other	5,485	3,768
Total other accrued expenses	$ 19,145	$ 15,183

Fair Value Measurements - Sched

Fair Value Measurements - Schedule of assets and liabilities measured at fair value on recurring basis (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Liabilities
Warrant liabilities	$ 12,964	$ 15,473
Recurring | Money market funds
Assets
Money market funds	475,041	513,009
Recurring | Private Placement Warrants
Liabilities
Warrant liabilities	12,964	15,473
Level 1 | Recurring | Money market funds
Assets
Money market funds	475,041	513,009
Level 1 | Recurring | Private Placement Warrants
Liabilities
Warrant liabilities	0	0
Level 2 | Recurring | Money market funds
Assets
Money market funds	0	0
Level 2 | Recurring | Private Placement Warrants
Liabilities
Warrant liabilities	0	0
Level 3 | Recurring | Money market funds
Assets
Money market funds	0	0
Level 3 | Recurring | Private Placement Warrants
Liabilities
Warrant liabilities	$ 12,964	$ 15,473

Fair Value Measurements - Narra

Fair Value Measurements - Narrative (Details) - Private Placement Warrants - $ / shares	1 Months Ended
	Oct. 31, 2020	Jun. 30, 2023	Dec. 31, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Warrants issued (in shares)	9,333,333
Warrants, exercise price (in dollars per share)	$ 11.50
Warrants outstanding (in shares)		7,000,000	7,000,000

Property and Equipment, net (De

Property and Equipment, net (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Property, Plant and Equipment [Line Items]
Less: accumulated depreciation and amortization	$ (16,862)	$ (12,494)
Property and equipment, net	17,958	18,184
Depreciable property and equipment
Property, Plant and Equipment [Line Items]
Plant and equipment, including finance lease, gross	34,017	29,303
Furniture and fixtures
Property, Plant and Equipment [Line Items]
Plant and equipment, including finance lease, gross	$ 6,221	5,364
Furniture and fixtures | Minimum
Property, Plant and Equipment [Line Items]
Useful life (years)	2 years
Furniture and fixtures | Maximum
Property, Plant and Equipment [Line Items]
Useful life (years)	7 years
Computers and equipment
Property, Plant and Equipment [Line Items]
Plant and equipment, including finance lease, gross	$ 5,455	4,901
Computers and equipment | Minimum
Property, Plant and Equipment [Line Items]
Useful life (years)	3 years
Computers and equipment | Maximum
Property, Plant and Equipment [Line Items]
Useful life (years)	5 years
Machinery and equipment
Property, Plant and Equipment [Line Items]
Plant and equipment, including finance lease, gross	$ 8,651	6,427
Machinery and equipment | Minimum
Property, Plant and Equipment [Line Items]
Useful life (years)	2 years
Machinery and equipment | Maximum
Property, Plant and Equipment [Line Items]
Useful life (years)	5 years
Autos and trucks
Property, Plant and Equipment [Line Items]
Useful life (years)	5 years
Plant and equipment, including finance lease, gross	$ 202	161
Tooling
Property, Plant and Equipment [Line Items]
Useful life (years)	5 years
Plant and equipment, including finance lease, gross	$ 582	638
Leasehold improvements
Property, Plant and Equipment [Line Items]
Plant and equipment, including finance lease, gross	12,906	11,812
Construction in progress
Property, Plant and Equipment [Line Items]
Plant and equipment, including finance lease, gross	$ 803	$ 1,375

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets, net - Intangible assets (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Feb. 28, 2023	Dec. 31, 2022
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Value	$ 145,309		$ 114,806
Accumulated Amortization	(79,740)		(68,420)
Net Carrying Value	65,569		$ 46,386
Minimum
Finite-Lived Intangible Assets [Line Items]
Estimated Useful Life (Years)			3 years
Maximum
Finite-Lived Intangible Assets [Line Items]
Estimated Useful Life (Years)			8 years
Developed technology
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Value	92,616		$ 73,188
Accumulated Amortization	(61,280)		(54,422)
Net Carrying Value	$ 31,336	$ 19,900	18,766
Developed technology | Minimum
Finite-Lived Intangible Assets [Line Items]
Estimated Useful Life (Years)	3 years
Developed technology | Maximum
Finite-Lived Intangible Assets [Line Items]
Estimated Useful Life (Years)	10 years
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Value	$ 18,585		18,089
Accumulated Amortization	(9,480)		(7,602)
Net Carrying Value	$ 9,105		$ 10,487
Customer relationships | Minimum
Finite-Lived Intangible Assets [Line Items]
Estimated Useful Life (Years)	5 years		5 years
Customer relationships | Maximum
Finite-Lived Intangible Assets [Line Items]
Estimated Useful Life (Years)	10 years		10 years
Trademarks
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Value	$ 11,446		$ 10,907
Accumulated Amortization	(4,977)		(4,119)
Net Carrying Value	$ 6,469		$ 6,788
Estimated Useful Life (Years)	15 years		15 years
Capitalized software
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Value	$ 13,900		$ 9,620
Accumulated Amortization	(2,678)		(1,507)
Net Carrying Value	$ 11,222		$ 8,113
Capitalized software | Minimum
Finite-Lived Intangible Assets [Line Items]
Estimated Useful Life (Years)	3 years		3 years
Capitalized software | Maximum
Finite-Lived Intangible Assets [Line Items]
Estimated Useful Life (Years)	5 years		5 years
Non-compete agreement
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Value	$ 5,864		$ 776
Accumulated Amortization	(877)		(395)
Net Carrying Value	$ 4,987		$ 381
Estimated Useful Life (Years)	3 years		3 years
Patents
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Value	$ 2,898		$ 2,226
Accumulated Amortization	(448)		(375)
Net Carrying Value	$ 2,450		$ 1,851
Patents | Minimum
Finite-Lived Intangible Assets [Line Items]
Estimated Useful Life (Years)	3 years		3 years
Patents | Maximum
Finite-Lived Intangible Assets [Line Items]
Estimated Useful Life (Years)	19 years		19 years

Goodwill and Intangible Asset_4

Goodwill and Intangible Assets, net - Goodwill (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2023 USD ($)
Goodwill [Roll Forward]
Goodwill, beginning balance	$ 124,593
Foreign currency translation impact	758
Goodwill, ending balance	$ 125,351

Goodwill and Intangible Asset_5

Goodwill and Intangible Assets, net - Narrative (Details) - USD ($) $ in Thousands	1 Months Ended
	Jul. 31, 2023	Mar. 31, 2023	Feb. 28, 2023	Jun. 30, 2023	Dec. 31, 2022
Finite-Lived Intangible Assets [Line Items]
Intangible assets, net				$ 65,569	$ 46,386
Developed technology
Finite-Lived Intangible Assets [Line Items]
Intangible assets, net			$ 19,900	$ 31,336	$ 18,766
Esthetic Medical Inc.
Finite-Lived Intangible Assets [Line Items]
Asset acquisition, consideration transferred			$ 11,800
Asset acquisition, equity consideration (in shares)			109,625
Asset acquisition, equity interest value			$ 1,300
Asset acquisition, contingent consideration (up to)			3,200
Consideration considered probable as of the acquisition date			1,900
Asset acquisition, intangible assets tax basis acquired in excess of purchase price			$ 4,600
Esthetic Medical Inc. | Subsequent event
Finite-Lived Intangible Assets [Line Items]
Increase in contingency payments	$ 1,300
Anacapa Aesthetics LLC
Finite-Lived Intangible Assets [Line Items]
Intangible assets acquired		$ 5,000

Long-term Debt - Narrative (Det

Long-term Debt - Narrative (Details)	Sep. 14, 2021 USD ($)	Sep. 09, 2021 USD ($) $ / shares	Jun. 30, 2023 USD ($)	Dec. 31, 2022 USD ($)	Nov. 14, 2022 USD ($)
Call Option
Debt Instrument [Line Items]
Initial cap price (in dollars per share) | $ / shares		$ 47.94
Premium over sales price		100%
Purchase of capped calls related to Convertible Senior Notes		$ 90,200,000
1.25% Convertible Senior Notes Due 2026 | Convertible Debt
Debt Instrument [Line Items]
Long-term debt			$ 736,257,000	$ 734,143,000
Face amount	$ 750,000,000
Stated interest rate	1.25%		1.25%	1.25%
Accordion feature, settlement period	13 days
Accordion feature, increase limit	$ 100,000,000
1.25% Convertible Senior Notes Due 2026 | Convertible Debt | Level 2
Debt Instrument [Line Items]
Fair value of debt			$ 591,000,000	$ 567,000,000
Revolving Credit Facility | Credit Agreement Due 2026 | Line of Credit
Debt Instrument [Line Items]
Maximum borrowing capacity					$ 50,000,000
Line of credit, accordion feature			50,000,000
Long-term debt			$ 0
Leverage ratio, maximum			3
Fixed charge coverage ratio, minimum			1.15

Long-term Debt - Schedule of lo

Long-term Debt - Schedule of long-term debt (Details) - Convertible Debt - 1.25% Convertible Senior Notes Due 2026 - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022	Sep. 14, 2021
Debt Instrument [Line Items]
Stated interest rate	1.25%	1.25%	1.25%
1.25% Convertible Notes due 2026	$ 750,000	$ 750,000
Unamortized Issuance Costs	(13,743)	(15,857)
Net Carrying Value	$ 736,257	$ 734,143

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended		6 Months Ended
	Jul. 31, 2023	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Income Tax Examination [Line Items]
Income tax (benefit) expense		$ (2,193)	$ 76	$ (5,855)	$ 2,691
Effective tax rate (as a percent)		(187.30%)	1.20%	25.70%	6.70%
Gross unrecognized tax benefits		$ 1,000	$ 200	$ 1,000	$ 200
Subsequent event
Income Tax Examination [Line Items]
Proceeds from Employee Retention Credit	$ 5,000

Share-Based Payments - Narrativ

Share-Based Payments - Narrative (Details) $ in Millions	6 Months Ended
	Jun. 30, 2023 USD ($)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation expense	$ 79.1
Unrecognized compensation expense, period for recognition	2 years 2 months 12 days
Employee stock purchase plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Maximum employee subscription rate	10%

Share-Based Payments - Summary

Share-Based Payments - Summary of share based compensation (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Share-based compensation expense	$ 8,524	$ 6,378	$ 12,101	$ 13,427
Stock options
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Share-based compensation expense	1,289	2,254	2,546	5,473
Restricted stock units
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Share-based compensation expense	5,758	2,951	9,174	5,466
Performance-based restricted stock units
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Share-based compensation expense	1,384	1,078	190	2,279
Employee stock purchase plan
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Share-based compensation expense	$ 93	$ 95	$ 191	$ 209

Commitment and Contingencies (D

Commitment and Contingencies (Details) $ in Millions	6 Months Ended
	Jun. 30, 2023 patent	Sep. 07, 2022 USD ($)
California Case And Texas Case Against Ageless Serums LLC
Loss Contingencies [Line Items]
Litigation case, damages sought | $		$ 12.7
Edge Systems LLC v. Cartessa Aesthetics, LLC
Loss Contingencies [Line Items]
Number of patents allegedly infringed upon | patent	3

Related-Party Transactions (Det

Related-Party Transactions (Details)			3 Months Ended	6 Months Ended
	May 04, 2021 demand tradingDay $ / shares shares	Dec. 01, 2016 USD ($)	Jun. 30, 2023 USD ($)	Jun. 30, 2023 USD ($)	Jun. 30, 2022 USD ($)
Related Party
Related Party Transaction [Line Items]
Stock issued upon conversion (in shares) | shares	11,500,000
Registration Rights Agreement, filing timeline	60 days
Registration Rights Agreement, number of demands for registration allowed | demand	2
Related Party | Private Placement Warrants
Related Party Transaction [Line Items]
Reverse recapitalization, contingent consideration, earnout period	30 days
Financial and management advisory services | Affiliated entity
Related Party Transaction [Line Items]
Monitoring fee, quarterly amount		$ 125,000
Monitoring fee, percentage of preceding 12-month EBITDA		1.25%
Transaction rate	1%
Related party, agreement term	1 year
Related party, expiration period	12 months
Transaction amount			$ 0		$ 200,000
Payment of transaction costs				$ 21,000,000
Financial and management advisory services | Minimum | Affiliated entity
Related Party Transaction [Line Items]
Transaction rate		1%
Financial and management advisory services | Maximum | Affiliated entity
Related Party Transaction [Line Items]
Transaction rate		2%
Vesper Founders | Related Party
Related Party Transaction [Line Items]
Reverse recapitalization, contingent consideration, earnout period	1 year
Reverse recapitalization, contingent consideration, stock price trigger (in dollars per share) | $ / shares	$ 12
Reverse recapitalization, contingent consideration, threshold days | tradingDay	20
Reverse recapitalization, contingent consideration, consecutive threshold days | tradingDay	30
Reverse recapitalization, contingent consideration, commencement period	150 days
LCP | Related Party
Related Party Transaction [Line Items]
Reverse recapitalization, threshold percentage to designate one director	10%
Reverse recapitalization, threshold percentage to designate two directors	15%
Reverse recapitalization, threshold percentage to designate three directors	40%
Reverse recapitalization, threshold percentage to designate one director on board	10%

Stockholders_ Equity (Details)

Stockholders’ Equity (Details)			3 Months Ended	6 Months Ended
	Nov. 09, 2022 USD ($) program shares	Sep. 27, 2022 USD ($) program shares	Jun. 30, 2023 USD ($) vote $ / shares shares	Jun. 30, 2023 USD ($) vote $ / shares shares	Jun. 30, 2022 USD ($)	Dec. 31, 2022 $ / shares shares	Sep. 26, 2022 USD ($)	May 04, 2021 $ / shares
Class of Stock [Line Items]
Common stock, shares authorized (in shares)			320,000,000	320,000,000		320,000,000
Common stock, par value (in dollars per share) | $ / shares			$ 0.0001	$ 0.0001		$ 0.0001		$ 0.0001
Common stock, number of votes | vote			1	1
Common stock, shares issued (in shares)			132,881,417	132,881,417		132,214,695
Common stock, shares outstanding (in shares)			132,881,417	132,881,417		132,214,695
Number of stock repurchase programs | program	2	2
Payment of accelerated share repurchases | $				$ 2,240,000	$ 0
Preferred stock, shares authorized (in shares)			1,000,000	1,000,000
Preferred stock, par value (in dollars per share) | $ / shares			$ 0.0001	$ 0.0001
Preferred stock, shares issued (in shares)			0	0		0
Preferred stock, shares outstanding (in shares)			0	0		0
Accelerated Share Repurchase
Class of Stock [Line Items]
Stock repurchased (in shares)	9,500,000	9,300,000
Payments for repurchase of common stock | $	$ 100,000,000	$ 100,000,000
Stock repurchased during period, payment as a percentage of closing stock price	80%
Payment of accelerated share repurchases | $			$ 2,200,000
Class A common stock
Class of Stock [Line Items]
Common stock repurchase authorized | $							$ 200,000,000
Class A common stock | Accelerated Share Repurchase
Class of Stock [Line Items]
Common stock repurchase authorized | $	$ 200,000,000

Net Income (Loss) Attributabl_3

Net Income (Loss) Attributable to Common Stockholders - Schedule of basic and diluted earnings per share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Earnings Per Share [Abstract]
Net income (loss) available to common stockholders - basic	$ 3,364	$ 6,317	$ (16,895)	$ 37,772
Less: Income on Private Placement Warrants	0	(15,185)	0	(67,237)
Net income (loss) available to common stockholders - diluted	$ 3,364	$ (8,868)	$ (16,895)	$ (29,465)
Weighted average common shares outstanding - basic (in shares)	132,716,024	150,731,491	132,569,209	150,665,166
Effect of dilutive shares:
Private placement warrants (in shares)	0	987,960	0	1,609,228
Weighted average common shares outstanding - diluted (in shares)	132,716,024	151,719,451	132,569,209	152,274,394
Basic net income (loss) per share (in dollars per share)	$ 0.03	$ 0.04	$ (0.13)	$ 0.25
Dilutive net loss per share (in dollars per share)	$ 0.03	$ (0.06)	$ (0.13)	$ (0.19)

Revision for Immaterial Misst_3

Revision for Immaterial Misstatements - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended				6 Months Ended		12 Months Ended
	Jun. 30, 2023	Mar. 31, 2023	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022	Dec. 31, 2021
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Accumulated deficit	$ 395,646				$ 395,646		$ 378,751
Net income	3,364	$ (20,259)	$ 6,317	$ 31,455	(16,895)	$ 37,772
Total stockholders’ equity	$ 161,842	152,408	345,406	$ 336,393	$ 161,842	345,406	167,053	$ 298,034
Revision of Prior Period, Adjustment
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Accumulated deficit		(4,700)					4,423	4,300
Net income			(1,614)			(2,666)	200
Total stockholders’ equity							(4,423)
Previously reported
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Accumulated deficit							374,328
Net income			$ 7,931			$ 40,438
Total stockholders’ equity		$ 147,700					$ 171,476	$ 302,300

Revision for Immaterial Misst_4

Revision for Immaterial Misstatements - Condensed Consolidated Balance Sheet (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Inventories	$ 107,000		$ 109,656
Prepaid expenses and other current assets	30,939		27,648
Total current assets	767,942		783,275
TOTAL ASSETS	1,007,474		1,003,083
Accounts payable	29,379		28,467
Income tax payable	3,210		1,429
Total current liabilities	82,789		71,714
TOTAL LIABILITIES	845,632		836,030
Accumulated deficit	(395,646)		(378,751)
Total stockholders’ equity	161,842	$ 152,408	167,053	$ 345,406	$ 336,393	$ 298,034
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 1,007,474		1,003,083
Previously reported
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Inventories			116,430
Prepaid expenses and other current assets			26,698
Total current assets			789,099
TOTAL ASSETS			1,008,907
Accounts payable			30,335
Income tax payable			962
Total current liabilities			73,115
TOTAL LIABILITIES			837,431
Accumulated deficit			(374,328)
Total stockholders’ equity		147,700	171,476			302,300
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY			1,008,907
Revision of Prior Period, Adjustment
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Inventories			(6,774)
Prepaid expenses and other current assets			950
Total current assets			(5,824)
TOTAL ASSETS			(5,824)
Accounts payable			(1,868)
Income tax payable			467
Total current liabilities			(1,401)
TOTAL LIABILITIES			(1,401)
Accumulated deficit		$ 4,700	(4,423)			$ (4,300)
Total stockholders’ equity			(4,423)
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY			$ (5,824)

Revision for Immaterial Misst_5

Revision for Immaterial Misstatements - Condensed Consolidated Statement of Comprehensive Income (Loss) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended				6 Months Ended		12 Months Ended
	Jun. 30, 2023	Mar. 31, 2023	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Cost of sales	$ 49,603		$ 33,496		$ 81,777	$ 58,026
Gross profit	67,876		70,040		121,980	120,925
Loss from operations	(13,146)		(5,027)		(30,456)	(19,040)
Income (loss) before provision for income taxes	1,171		6,393		(22,750)	40,463
Net income	3,364	$ (20,259)	6,317	$ 31,455	(16,895)	37,772
Comprehensive income	$ 2,997		$ 2,630		$ (16,374)	$ 33,940
Net income per share - Basic (in dollars per share)	$ 0.03		$ 0.04		$ (0.13)	$ 0.25
Net income per share - Diluted (in dollars per share)	$ 0.03		$ (0.06)		$ (0.13)	$ (0.19)
Previously reported
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Cost of sales			$ 31,882			$ 55,360
Gross profit			71,654			123,591
Loss from operations			(3,413)			(16,374)
Income (loss) before provision for income taxes			8,007			43,129
Net income			7,931			40,438
Comprehensive income			$ 4,244			$ 36,606
Net income per share - Basic (in dollars per share)			$ 0.05			$ 0.27
Net income per share - Diluted (in dollars per share)			$ (0.05)			$ (0.18)
Revision of Prior Period, Adjustment
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Cost of sales			$ 1,614			$ 2,666
Gross profit			(1,614)			(2,666)
Loss from operations			(1,614)			(2,666)
Income (loss) before provision for income taxes			(1,614)			(2,666)
Net income			(1,614)			(2,666)	$ 200
Comprehensive income			$ (1,614)			$ (2,666)
Net income per share - Basic (in dollars per share)			$ (0.01)			$ (0.02)
Net income per share - Diluted (in dollars per share)			$ (0.01)			$ (0.01)

Revision for Immaterial Misst_6

Revision for Immaterial Misstatements - Condensed Consolidated Statement of Cash Flows (Details) - USD ($) $ in Thousands	3 Months Ended				6 Months Ended		12 Months Ended
	Jun. 30, 2023	Mar. 31, 2023	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Net income	$ 3,364	$ (20,259)	$ 6,317	$ 31,455	$ (16,895)	$ 37,772
Changes in operating assets and liabilities:
Inventories					$ (2,605)	(38,596)
Previously reported
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Net income			7,931			40,438
Changes in operating assets and liabilities:
Inventories						(41,262)
Revision of Prior Period, Adjustment
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Net income			$ (1,614)			(2,666)	$ 200
Changes in operating assets and liabilities:
Inventories						$ 2,666