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Deferred Revenue | 6 Months Ended
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Jun. 30, 2026
Revenue from Contract with Customer [Abstract] |
Deferred Revenue | # 4. Deferred Revenue We expect our current deferred revenue to be recognized as revenue within 12 months. We expect the majority of our non-current deferred revenue to be recognized as revenue over a period of approximately two years from June 30, 2026. This period of time represents an estimate of the ongoing sample testing for our customers' therapeutic development efforts. Changes in deferred revenue during the six months ended June 30, 2026 were as follows (in thousands):
Deferred revenue balance at December 31, 2025 |  | $ | 46,200 |
Additions to deferred revenue during the period |  |  | 49,429 |
Revenue recognized during the period |  |  | (41,766 | )
Deferred revenue balance at June 30, 2026 |  | $ | 53,863 |
During the six months ended June 30, 2026, $19.0 million was recognized as revenue that was included in the deferred revenue balance at December 31, 2025.

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