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v3.26.1

Segment Reporting (Tables) | 3 Months Ended
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Mar. 31, 2026
Segment Reporting [Abstract] |
Summary of Reportable Revenues by Geographic Regions | The following table summarizes reportable revenue by geographic regions (in thousands):
| Three Months Ended March 31, |  |
| 2026 |  | 2025 |  |  |  |
Testing services revenue |  |  |  |  |  |  |
United States | $ | 91,029 |  |  | $ | 61,438 |  |  |  |  |
Rest of World | 369 |  |  | 483 |  |  |  |  |
| $ | 91,398 |  |  | $ | 61,921 |  |  |  |  |
Product revenue |  |  |  |  |  |  |
United States | $ | 6,694 |  |  | $ | 6,507 |  |  |  |  |
Rest of World | 3,652 |  |  | 4,303 |  |  |  |  |
| $ | 10,346 |  |  | $ | 10,810 |  |  |  |  |
Patient and digital solutions revenue |  |  |  |  |  |  |
United States | $ | 15,923 |  |  | $ | 11,920 |  |  |  |  |
Rest of World | 33 |  |  | 34 |  |  |  |  |
| $ | 15,956 |  |  | $ | 11,954 |  |  |  |  |
Total revenue |  |  |  |  |  |  |
Total United States | $ | 113,646 |  |  | $ | 79,865 |  |  |  |  |
Total Rest of World | 4,054 |  |  | 4,820 |  |  |  |  |
| $ | 117,700 |  |  | $ | 84,685 |  |  |  |  |
Summary of Long-Lived Assets Consisting of Property and Equipment, Net by Geographic Regions | The following table summarizes long-lived assets, consisting of property and equipment, net, by geographic regions (in thousands):
| March 31, 2026 |  | December 31, 2025
Long-lived assets: |  |  |
United States | $ | 32,748 |  |  | $ | 32,635 |
Rest of World | 408 |  |  | 336 |
Total | $ | 33,156 |  |  | $ | 32,971 |
Summary of Reconciliation of Revenue to Net Income (Loss) | The following table summarizes the reconciliation to net income (loss) (in thousands):
| Three Months Ended March 31, |  |
| 2026 |  | 2025 |  |  |  |
Revenue: |  |  |  |  |  |  |
Testing services revenue | $ | 91,398 |  |  | $ | 61,921 |  |  |  |  |
Product revenue | 10,346 |  |  | 10,810 |  |  |  |  |
Patient and digital solutions revenue | 15,956 |  |  | 11,954 |  |  |  |  |
Total revenue | 117,700 |  |  | 84,685 |  |  |  |  |
Less: |  |  |  |  |  |  |
Cost of testing services 1 | 16,521 |  |  | 14,403 |  |  |  |  |
Cost of product 1 | 4,233 |  |  | 4,943 |  |  |  |  |
Cost of patient and digital solutions 1 | 11,412 |  |  | 7,344 |  |  |  |  |
Personnel cost | 42,188 |  |  | 30,743 |  |  |  |  |
Professional and legal fees | 7,912 |  |  | 10,192 |  |  |  |  |
Research materials and clinical trials expense | 3,831 |  |  | 3,174 |  |  |  |  |
Depreciation and amortization expense | 3,119 |  |  | 2,950 |  |  |  |  |
Stock-based compensation expense | 9,767 |  |  | 8,931 |  |  |  |  |
Litigation settlement expense | 600 |  |  | 5,360 |  |  |  |  |
Business development and portfolio optimization expense 2 | 3,357 |  |  | — |  |  |  |  |
Other segment items 3 | 13,860 |  |  | 9,781 |  |  |  |  |
Interest income, net | (1,909) |  |  | (2,783) |  |  |  |  |
Segment and condensed consolidated net income (loss) | $ | 2,809 |  |  | $ | (10,353) |  |  |  |  |
1 Cost of testing services, cost of product and cost of patient and digital solutions include depreciation expense. 2 Business development and portfolio optimization expense primarily includes legal, consulting, financial advisory, due diligence, and other transaction-related costs incurred in connection with business development activities and the sale of our lab product business. 3 Other segment items include the following: acquisition costs, software expenses, corporate expenses, rent and maintenance expense, travel and event related expense, and other expenses (income).

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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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