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Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2022
Accounting Policies [Abstract]  
Summary of Marketable Securities

The following table summarizes the Company’s marketable securities at March 31, 2022 and December 31, 2021 (in thousands):

 

 

 

March 31, 2022

 

 

 

Amortized

Cost

 

 

Gross

Unrealized

Gains

 

 

Gross

Unrealized

Losses

 

 

Fair Value

 

U.S. treasury securities

 

$

10,000

 

 

$

 

 

$

(11

)

 

$

9,989

 

Total

 

$

10,000

 

 

$

 

 

$

(11

)

 

$

9,989

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2021

 

 

 

Amortized

Cost

 

 

Gross

Unrealized

Gains

 

 

Gross

Unrealized

Losses

 

 

Fair

Value

 

U.S. treasury securities

 

 

10,000

 

 

 

 

 

 

(4

)

 

 

9,996

 

Total

 

$

10,000

 

 

$

 

 

$

(4

)

 

$

9,996

 

Summary of Maturities of Marketable Securities

The following table summarizes the maturities of the Company’s marketable securities at March 31, 2022 and December 31, 2021 (in thousands):

 

 

 

March 31, 2022

 

 

December 31, 2021

 

 

 

Amortized Cost

 

 

Fair Value

 

 

Amortized Cost

 

 

Fair Value

 

Due in less than 1 year

 

$

10,000

 

 

$

9,989

 

 

$

10,000

 

 

$

9,996

 

Due in 1-2 years

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

$

10,000

 

 

$

9,989

 

 

$

10,000

 

 

$

9,996

 

Disaggregation of Revenue by Major Source The following table disaggregates our revenue by major source (in thousands):

 

 

Three Months Ended,

March 31,

 

 

 

2022

 

 

2021

 

Product revenue

 

 

 

 

 

 

 

 

Instruments

 

$

876

 

 

$

425

 

Consumables

 

 

2,950

 

 

 

4,206

 

Instrument rentals

 

 

18

 

 

 

19

 

Total product revenue

 

 

3,844

 

 

 

4,650

 

Contribution revenue

 

 

3,390

 

 

 

2,306

 

Total revenue

 

$

7,234

 

 

$

6,956