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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2024
Accounting Policies [Abstract]  
Schedules of Concentration of Risk, by Risk Factor
A significant customer is any biopharmaceutical customer, clinical testing payer, or international laboratory partner that represents 10% or more of the Company’s total revenue or accounts receivable balance. Revenue attributable to each significant customer, including its affiliated entities, as a percentage of the Company’s total revenue, for the respective period, and accounts receivable balance attributable to each significant customers, including its affiliated entities, as a percentage of the Company’s total accounts receivable balance, at the respective consolidated balance sheet date, are as follows:
RevenueAccounts Receivable, Net
Year Ended December 31,As of December 31,
20242023202220242023
Customer A
***14 %12 %
Customer B
29 %31 %30 %12 %12 %
Customer C
***11 %10 %
*    less than 10%
Schedule of Property, Plant and Equipment
Estimated useful lives for property and equipment are as follows:
Property and EquipmentEstimated Useful Life
Machinery and equipment
5 years
Furniture and fixtures
7 years
Computer hardware and computer software
3 years
Leasehold improvementsLesser of estimated useful life or remaining lease term
Property and equipment, net consist of the following:
As of December 31,
20242023
(in thousands)
Machinery and equipment
$124,567 $118,117 
Leasehold improvements
103,569 102,298 
Computer hardware
36,497 34,417 
Construction in progress
28,136 7,508 
Furniture and fixtures
7,874 7,999 
Computer software
1,695 2,065 
Property and equipment, gross
302,338 272,404 
Less: accumulated depreciation
(165,525)(127,308)
Property and equipment, net
$136,813 $145,096