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v3.25.2

Segment and Geographic Information (Tables) | 6 Months Ended
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Jun. 30, 2025
Segment Reporting [Abstract] |
Schedule of Segment Reporting | The table below is a summary of the segment profit or loss, including significant segment expenses:
| Three Months Ended June 30, |  | Six Months Ended June 30, |
| 2025 |  | 2024 |  | 2025 |  | 2024 |  |  |  |  |
| (amounts in thousands)
Revenue | $ | 181,398 |  |  | $ | 100,049 |  |  | $ | 302,314 |  |  | $ | 180,727 |  |  |  |  |  |
Less: |  |  |  |  |  |  |  |  |  |  |  |
Cost of services - Molecular profiling services | 65,321 |  |  | 59,431 |  |  | 126,215 |  |  | 112,324 |  |  |  |  |  |
Cost of services - Pharma research and development services | 2,392 |  |  | 3,064 |  |  | 5,350 |  |  | 4,732 |  |  |  |  |  |
Selling and marketing expense | 42,260 |  |  | 38,710 |  |  | 82,089 |  |  | 78,319 |  |  |  |  |  |
General and administrative expense | 64,367 |  |  | 41,068 |  |  | 116,486 |  |  | 85,422 |  |  |  |  |  |
Research and development expense | 25,047 |  |  | 24,787 |  |  | 48,114 |  |  | 59,164 |  |  |  |  |  |
Interest income | 1,618 |  |  | 2,640 |  |  | 2,121 |  |  | 4,408 |  |  |  |  |  |
Interest expense | (19,208) |  |  | (13,674) |  |  | (31,990) |  |  | (22,964) |  |  |  |  |  |
Changes in fair value of financial instruments | (17,870) |  |  | 12,000 |  |  | (50,203) |  |  | 936 |  |  |  |  |  |
Other expense, net | (18,341) |  |  | (141) |  |  | (18,358) |  |  | (360) |  |  |  |  |  |
Segment and consolidated net loss | $ | (71,790) |  |  | $ | (66,186) |  |  | $ | (174,370) |  |  | $ | (177,214) |  |  |  |  |  |
Schedule of Revenue by Geographic Areas | The following table sets forth the Company’s revenue by geographic areas based on the customer’s location:
| Three Months Ended June 30, |  | Six Months Ended June 30, |
| 2025 |  | 2024 |  | 2025 |  | 2024 |  |  |  |  |
| (amounts in thousands)
United States | $ | 178,177 |  |  | $ | 97,381 |  |  | $ | 296,611 |  |  | $ | 175,811 |  |  |  |  |  |
International | 3,221 |  |  | 2,668 |  |  | 5,703 |  |  | 4,916 |  |  |  |  |  |
Total revenue | $ | 181,398 |  |  | $ | 100,049 |  |  | $ | 302,314 |  |  | $ | 180,727 |  |  |  |  |  |

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- Definition Tabular disclosure of revenue from external customers by geographic areas attributed to the entity's country of domicile and to foreign countries from which the entity derives revenue. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 41 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-41 + Details
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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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