AxoGen, Inc. Price & Performance (AXGN)

Our next question comes from Ross Osborne with Cantor Fitzgerald. Please proceed with your question.

Congrats on the progress. And thanks for taking our questions. Starting off with the guide for 25 and apologies if I missed this. But can you parse out volume growth versus top price baked into your 2025 revenue guidance? Yes, it's pretty much in line with Past years, So price growth is around the CPI. And the rest is volume and mix. Okay, great.

And then looking at your breast recon business, what is your comfort level with existing data and what areas economic clinical etcetera, do you need to generate more data to support incremental adoption?

Sure.

When we at the Investor Day, we'll make sure that we highlight that breast but we're very comfortable comfortable comfortable is the wrong word, We're very confident that from a benefit risk proposition, our breast resensation technique is 100% justified. So zero safety risk, very high probability of benefit to the patient. Sadly, I can't recite off the top of my head all of that data, but we Just [indiscernible] last couple of weeks have prepared the updated executive summaries of exactly how breast looks. So we're very comfortable what it needs to be. What we need to do, however, in terms of breast is we just need to do more data. When you're establishing a new therapy and trying to pursue standard of care, there's a certain data quality type that is required and we need to do more studies than we presently have. We have one underway that's almost complete and we have one more that we believe we need to do over the next three to five years.

Great.

Thanks for sharing the questions.

Our next question comes from Dave Turkaly with Citizens. Please proceed with your question.

Hey, good morning, guys. I think you had mentioned that your APC has three ton the previous capacity that you had. I was just curious, I don't think there's any issue with you, but as you look at your plans, I had how comfortable are you that you have enough to kind of meet where you're going Then maybe any comment even on longer term?

Over the planning period, we're comfortable that we have capacity. Now beyond that, I can't [indiscernible] But we would be able to plan for that. That'd be obviously an exciting requirement in the near term, but we don't presently believe during the planning period that we have any kind of capacity constraints.

Got it. And then maybe a follow-up for Nir. I know you're profitable in the quarters of the share count like the went up a but I was just curious is that a good level that we should use for twenty twenty five? And then any thoughts on sort of timing of any incremental sort of bump ups that we might need to consider? Dave, could you repeat that question? Did you ask about the share count? I did. I know you were profitable. Yes, I know you're profitable, so I think it bumped up a bit. And I was just wondering that's the number we should use sort of carrying forward to 25 or and if there's anything else we should consider in terms of any other bump ups as we look through the year?

Share count, I think that share count is the one that was reported as is what you can use for now. [indiscernible] Yes. No, I mean, as we mentioned, we expect to fund ourselves So we don't expect to do a raise in the [indiscernible] Does that answer the question? Yes, that's fine. Thank you. Thanks, Dave.

There are no further questions at this time. I would now like to turn the floor back over to Mike Dell for closing comments.

Thank you, operator. On behalf the action team, I want to thank everyone for their time and interest in our work. To fulfill the promise and potential for all stakeholders in our business purpose to restore health, and improve quality of life by making restoration peripheral nerve function and expected standard of care. We look forward to updating you on our continued progress and our plans for the future. At our March Investor Day and our earnings call next quarter. Thank you. This concludes today's teleconference. You may disconnect your lines at this time.