The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Alex Silverman - AWM Investment Company, Inc. - Analyst
: Hey, good morning, Dave.
Question: Alex Silverman - AWM Investment Company, Inc. - Analyst
: Thanks for doing this. This is a helpful overview. Can you walk us through what needs to take place between now and the Zimmer full launch?
Question: Alex Silverman - AWM Investment Company, Inc. - Analyst
: Got you. And complete training should be done by when? In other words, when would the full launch scheduled to take place?
Question: Alex Silverman - AWM Investment Company, Inc. - Analyst
: Got it. And along those lines, I assume some portion of this $3.2 million of product revenue is stocking revenue for Zimmer. And some is, I'm sure
for current cases, as you mentioned, can you give us a sense of sort of how to think about that $3.2 million?
Question: Alex Silverman - AWM Investment Company, Inc. - Analyst
: Great. And so along those lines, can you give us a sense of what linearity might look like this year? I mean, if it's three and change millions of product
revenue in the first fiscal quarter, do they need to chew through that in the second quarter before they start to order in the fiscal second half?
Question: Alex Silverman - AWM Investment Company, Inc. - Analyst
: Great. And I guess is -- I guess I may have missed this earlier when you signed the deal with Zimmer. But I guess I didn't realize that there are at
least one more milestone payment that's possible. Can you talk us through roughly how much that's worth and what needs to be accomplished
in order to receive it?
Question: Alex Silverman - AWM Investment Company, Inc. - Analyst
: Got it. Okay. Thanks. I'll put myself back in the queue. Appreciate it.
|