Revenue from Contracts with Customers (Tables)

3 Months Ended

Mar. 31, 2022

Revenue From Contract With Customer [Abstract]

Product and Product-Related Service Revenue from Sale of Instruments and Consumables

Product and Product-Related Services Revenue

The Company had product and product-related services revenue consisting of revenue from the sale of instruments and consumables and the use of the HTG EdgeSeq proprietary technology to process samples and design custom RUO assays for the three months ended March 31, 2022 and 2021 as follows:

	Three Months Ended March 31,
	2022		2021
Product revenue:
Instrument	$	193,186	$	224,013
Consumables		471,214		604,382
Total product revenue		664,400		828,395
Product-related services revenue:
Custom RUO assay design		—		48,350
RUO sample processing		520,054		558,401
Total product-related services revenue		520,054		606,751
Total product and product-related services revenue	$	1,184,454	$	1,435,146

Schedule of Changes in Contract Liability

Changes in the Company’s contract liability were as follows as of the dates indicated:

	Product Revenue			Sample Processing			Total Contract Liability
Balance at January 1, 2022	$	128,529		$	30,621		$	159,150
Deferral of revenue		147,893			-			147,893
Recognition of deferred revenue		(102,812	)		(4,800	)		(107,612	)
Balance at March 31, 2022	$	173,610		$	25,821		$	199,431