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Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2025
Accounting Policies [Abstract]  
Summary of Product Revenue by Geographical Locations of Customers

Product revenue by geographical locations of customers during the three and six months ended June 30, 2025 and 2024, was as follows (in thousands):

 

 

Three Months Ended

 

 

Six Months Ended

 

 

June 30,

 

 

June 30,

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Product revenue:

 

 

 

 

 

 

 

 

 

 

 

 

North America

 

$

35,286

 

 

$

30,097

 

 

$

65,886

 

 

$

55,195

 

Europe, Middle East and Africa

 

 

16,612

 

 

 

13,725

 

 

 

28,824

 

 

 

26,439

 

Other

 

 

547

 

 

 

1,257

 

 

 

974

 

 

 

1,810

 

Total product revenue

 

$

52,445

 

 

$

45,079

 

 

$

95,684

 

 

$

83,444

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Anti-Dilutive Effect of Common Shares

The table below presents potential shares that were excluded from the calculation of the weighted average number of shares outstanding used for the calculation of diluted net loss per share. These are excluded from the calculation due to their anti-dilutive effect for the three and six months ended June 30, 2025 and 2024 (shares in thousands):

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Weighted average number of anti-dilutive potential shares:

 

 

 

 

 

 

 

 

 

 

 

 

Stock options

 

 

10,720

 

 

 

12,967

 

 

 

11,252

 

 

 

13,493

 

Restricted stock units

 

 

20,036

 

 

 

14,896

 

 

 

18,152

 

 

 

13,708

 

Employee stock purchase plan rights

 

 

158

 

 

 

35

 

 

 

222

 

 

 

212

 

            Total

 

 

30,914

 

 

 

27,898

 

 

 

29,626

 

 

 

27,413