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Business Segment and Geographic Information
 9 Months Ended
Sep. 30, 2025
Segment Reporting [Abstract]  
Business Segment and Geographic Information

10. Business Segment and Geographic Information

The Company operates in one segment based upon the Company’s organizational structure, the way in which the operations and investments are managed and evaluated by the chief operating decision maker (“CODM”) as well as the lack of available discrete financial information at a level lower than the consolidated level. The CODM is the Chief Executive Officer. The Company shares common, centralized support functions which report directly to the CODM and decision-making regarding the Company’s overall operating performance and allocation of Company resources is assessed on a consolidated basis. Significant segment expenses regularly provided to the CODM are consolidated research and development expenses and consolidated sales, general and administrative expenses. Refer to the consolidated statements of operations for consolidated research and development expenses and consolidated sales, general and administrative expenses. The Company determined that consolidated net loss is the Company’s measure of segment profit or loss.

Net revenue and property and equipment, net, by geographic region are as follows (in thousands):

 

 

 

Revenue

 

 

Property and equipment, net

 

 

 

Three Months Ended
September 30,

 

 

Nine Months Ended
September 30,

 

 

September 30,

 

 

December 31,

 

(in thousands)

 

2025

 

 

2024

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

United States

 

$

184,376

 

 

$

141,808

 

 

$

518,514

 

 

$

408,059

 

 

$

136,774

 

 

$

154,772

 

International

 

 

12,127

 

 

 

8,911

 

 

 

32,713

 

 

 

26,710

 

 

 

1,452

 

 

 

1,622

 

Total

 

$

196,503

 

 

$

150,719

 

 

$

551,227

 

 

$

434,769

 

 

$

138,226

 

 

$

156,394