---
schema_version: "secwatch.filing_event.v1"
accession: "0000805928-25-000062"
form_type: "8-K"
ticker: "AXGN"
cik: "0000805928"
company_name: "Axogen, Inc."
filed_at: "2025-05-08T23:59:59+00:00"
generated_at: "2026-05-22T06:08:05.613560+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Axogen Q1 revenue $48.6M (+17.4% YoY); appoints Lindsey Hartley as CFO

## Summary
- Q1 revenue $48.6M, up 17.4% YoY; net loss $3.8M ($0.08/share) vs $6.6M loss in Q1 2024.
- Adjusted net loss $0.9M ($0.02/share) vs $2.7M loss; adjusted EBITDA $2.9M vs $1.0M prior year.
- Gross margin 71.9% down from 78.8% due to product costs and inventory write-offs; cash $28.1M.
- CFO Nir Naor steps down May 11; Lindsey Hartley appointed effective May 12; salary $440k, target bonus 50%.
- FY guidance maintained: revenue growth 15-17%, gross margin 73-75%, net cash flow positive.

## SEC filing metadata
- accession: 0000805928-25-000062
- form_type: 8-K
- ticker: AXGN
- cik: 0000805928
- company_name: Axogen, Inc.
- filed_at: 2025-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/805928/000080592825000062/0000805928-25-000062-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/805928/000080592825000062/axgn-20250508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000805928-25-000062
- JSON: https://secwatch.observer/filing/0000805928-25-000062.json
- Plain text: https://secwatch.observer/filing/0000805928-25-000062.txt

## Key facts
- Executive change
  Lindsey Hartley was appointed as Chief Financial Officer at Axogen, Inc..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: On May 8, 2025, Axogen, Inc. (the “Company”) announced the appointment of Lindsey Hartley as its Chief Financial Officer, effective May 12, 2025
  evidence_url: https://www.sec.gov/Archives/edgar/data/805928/000080592825000062/0000805928-25-000062-index.htm
- Executive change
  Nir Naor departed as Chief Financial Officer at Axogen, Inc..
  - Action: stepped down
  - Role: Chief Financial Officer
  source text: Nir Naor, the Chief Financial Officer (the “CFO”) of the Company, will step down from his role effective May 11, 2025
  evidence_url: https://www.sec.gov/Archives/edgar/data/805928/000080592825000062/0000805928-25-000062-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.