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Artivion, Inc.
Q22023
8/3/2023
Seamus
Analyst (speaking on behalf of Suraj)
SG&A, it kind of jumped, I'd say, a decent amount, about 64%, if my math is right. Just looking for any particular reason for that, if that's a continuation that we might see going forward. Can you just break it down a little, please?
Pat Mackey
President & Chief Executive Officer
Yeah, I'll let Ashley take that one. It's not a real SG&A jump.
Ashley Lee
Chief Financial Officer
Yeah, the biggest contributor was the big spike that we had in contingent consideration for the AMDS acquisition. So that was a a non-cash charge of about $11 million. And, you know, I'd made some comments in our prepared remarks that, you know, excluding the amounts that I just described that adjusted SG&A came in at around $45 million roughly compared to the previous year.
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