XML 78 R35.htm IDEA: XBRL DOCUMENT v3.25.1

SEGMENT AND GEOGRAPHIC INFORMATION (Tables)

12 Months Ended

Dec. 31, 2024

Segment Reporting [Abstract]

Schedule of Segment Profit or Loss

A summary of the segment profit or loss, including significant segment expenses is as follows:

			Years Ended December 31,
(in thousands)			2024						2023						2022
Total revenue			154,014						200,521						128,304
Less:
Cost of revenue			116,732						147,741						79,269
Research and development			134,922						187,170						193,000
Sales and marketing			87,244						79,287						84,465
General and administrative			87,773						90,531						76,389
Impairment charges			184,500						—						—
Merger-related expenses			—						9,042						—
Change in fair value of contingent consideration			(850)						15,060						2,377
Amortization of acquired intangible assets			18,006						6,157						—
Loss on extinguishment of debt			—						2,033						—
Gain on debt restructuring			(154,407)						—						—
Other income (expense), net			10,371						18,341						(7,052)
Income tax provision (benefit)			316						(11,424)						—
Consolidated net loss			(309,851)						(306,735)						(314,248)

Schedule of Revenue by Geographic Location

A summary of our revenue by geographic location is as follows:

			Years Ended December 31,
(in thousands)			2024						2023						2022
Americas (1)			$	78,711					$	105,410					$	69,561
Europe, Middle East, and Africa			34,594						40,658						22,598
Asia-Pacific			40,709						54,453						36,145
Total			$	154,014					$	200,521					$	128,304

(1)     Includes United States revenue of $75.3 million, $100.5 million, and $66.8 million for the years ended December 31, 2024, 2023, and 2022, respectively.

Schedule of Revenue by Category

A summary of our revenue by category is as follows:

			Years Ended December 31,
(in thousands)			2024						2023						2022
Instrument revenue			$	65,776					$	120,451					$	48,719
Consumable revenue			70,373						63,421						59,980
Product revenue			136,149						183,872						108,699
Service and other revenue			17,865						16,649						19,605
Total revenue			$	154,014					$	200,521					$	128,304

X

- 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

Name:	us-gaap_RevenueFromExternalCustomersByGeographicAreasTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of entity-wide revenues from external customers for each product or service or each group of similar products or services if the information is not provided as part of the reportable operating segment information.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 40
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-40

+ Details

Name:	us-gaap_ScheduleOfEntityWideInformationRevenueFromExternalCustomersByProductsAndServicesTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- 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

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration