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Segment Reporting (Tables)
3 Months Ended
Mar. 31, 2022
Segment Reporting [Abstract]  
Summary of Financial Information with Respect to Reportable Segments

All segment revenue is earned in the United States and there are no intersegment revenues. Additionally, the Company reports assets on a consolidated basis and does not allocate assets to its reportable segments for purposes of assessing segment performance or allocating resources. Presented below is financial information with respect to the Company’s reportable segments for the periods presented:

 

 

 

Three Months Ended March 31,

 

 

 

2022

 

 

2021

 

Segment revenues:

 

 

 

 

 

 

 

 

Software

 

$

33,081

 

 

$

26,340

 

Drug discovery

 

 

15,582

 

 

 

5,787

 

Total segment revenues

 

$

48,663

 

 

$

32,127

 

Segment gross profit:

 

 

 

 

 

 

 

 

Software

 

$

25,570

 

 

$

20,434

 

Drug discovery

 

 

2,413

 

 

 

(4,270

)

Total segment gross profit

 

 

27,983

 

 

 

16,164

 

Unallocated:

 

 

 

 

 

 

 

 

Research and development

 

 

(27,822

)

 

 

(21,448

)

Sales and marketing

 

 

(6,671

)

 

 

(5,239

)

General and administrative

 

 

(22,133

)

 

 

(13,389

)

Loss on equity investments

 

 

 

 

 

(1,781

)

Change in fair value

 

 

(6,164

)

 

 

24,824

 

Interest income

 

 

328

 

 

 

420

 

Income tax benefit (expense)

 

 

28

 

 

 

(74

)

Consolidated net loss

 

$

(34,451

)

 

$

(523

)

Schedule of Revenues by Geographic Area

The following table sets forth revenues by geographic area for the three months ended March 31, 2022 and 2021:

 

 

 

Three Months Ended March 31,

 

 

 

2022

 

 

2021

 

United States

 

$

30,275

 

 

$

16,905

 

Europe

 

 

12,645

 

 

 

10,545

 

Japan

 

 

1,557

 

 

 

1,535

 

Rest of World

 

 

4,186

 

 

 

3,142

 

 

 

$

48,663

 

 

$

32,127