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Segment and Geographic Information (Tables)
9 Months Ended
Sep. 30, 2025
Segment Reporting [Abstract]  
Schedule of net revenues by geographic region

The Company attributes revenues to geographic region based on the billing addresses of customers. The following table presents net revenues by geographic region:

 

 

Three Months Ended September 30,

 

Nine Months Ended September 30,

 

 

2025

 

2024

 

2025

 

2024

United States

 

87%

 

97%

 

90%

 

96%

Others

 

13%

 

3%

 

10%

 

4%

 

Schedule of reported segment revenue, segment loss and significant segment expenses

The following table provides information about reported segment revenue, segment loss, and significant segment expenses (in thousands):

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Revenue

 

$

14,495

 

 

$

25,709

 

 

$

52,303

 

 

$

67,814

 

Less:

 

 

 

 

 

 

 

 

 

 

 

 

Payroll and related costs

 

 

16,528

 

 

 

17,376

 

 

 

52,589

 

 

 

51,391

 

Lab supplies and outside services

 

 

3,664

 

 

 

1,751

 

 

 

10,595

 

 

 

9,202

 

Facility costs

 

 

2,577

 

 

 

2,539

 

 

 

7,329

 

 

 

7,681

 

Professional services

 

 

2,969

 

 

 

1,924

 

 

 

8,341

 

 

 

7,320

 

Repairs and maintenance

 

 

2,441

 

 

 

2,076

 

 

 

6,381

 

 

 

5,926

 

Change in fair value of the Tempus Warrants

 

 

 

 

 

26,014

 

 

 

 

 

 

18,274

 

Depreciation and amortization

 

 

2,405

 

 

 

2,758

 

 

 

7,523

 

 

 

8,398

 

Other segment items(a)

 

 

7,243

 

 

 

11,744

 

 

 

22,588

 

 

 

28,360

 

Interest income

 

 

(1,680

)

 

 

(1,384

)

 

 

(5,585

)

 

 

(3,879

)

Segment and consolidated net loss

 

$

(21,652

)

 

$

(39,089

)

 

$

(57,458

)

 

$

(64,859

)

 

(a) Other segment items included in segment net loss include materials cost related to cost of revenue, marketing expenses, office expenses, foreign currency exchange gain and losses, and other overhead expenses.