secwatch.observer — SEC 8-K summary
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Issuer:     Alphatec Holdings, Inc. (ATEC)
CIK:        0001350653
Form:       8-K
Filed at:   2023-02-28T23:59:59+00:00
Accession:  0000950170-23-005104
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ATEC reports record FY2022 revenue of $351M, up 44%; guides FY2023 revenue $438M with adjusted EBITDA breakeven
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- Full-year 2022 revenue $351M (+44% YoY); Q4 revenue $106M (+43% YoY).
- GAAP gross margin 66%, non-GAAP 70%; GAAP operating loss $147M; adjusted EBITDA loss $28M.
- Q4 surgical volume +26%, avg revenue per procedure +18%; trained over 500 surgeons in 2022.
- Secured non-dilutive capital of up to $275M; ending cash $85M.
- FY2023 guidance: revenue ~$438M (+25%); adjusted EBITDA break-even expected.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1350653/000095017023005104/0000950170-23-005104-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1350653/000095017023005104/atec-20230228.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-005104

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer