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Revenue and Deferred Revenue
 9 Months Ended
Sep. 30, 2025
Revenue from Contract with Customer [Abstract]  
Revenue and Deferred Revenue

3. Revenue and Deferred Revenue

Disaggregation of Revenue

Revenue by source consists of the following (in thousands):

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

 

Consoles

 

$

8,339

 

 

$

7,709

 

 

$

24,362

 

 

$

24,080

 

 

Consumables

 

 

12,219

 

 

 

12,596

 

 

 

40,572

 

 

 

35,891

 

 

Total product revenue

 

 

20,558

 

 

 

20,305

 

 

 

64,934

 

 

 

59,971

 

 

Service and other revenue

 

 

8,873

 

 

 

8,361

 

 

 

25,668

 

 

 

24,251

 

 

Total revenue

 

$

29,431

 

 

$

28,666

 

 

$

90,602

 

 

$

84,222

 

 

Remaining Performance Obligations and Contract Liabilities

As of September 30, 2025, the aggregate amount of the transaction price allocated to the remaining performance obligations related to customer service contracts that are unsatisfied or partially unsatisfied was $15.6 million, which is recorded as deferred revenue on the Company’s condensed balance sheets. Of that amount, $14.9 million will be recognized as revenue during the next 12 months and $0.7 million thereafter.

The contract liabilities consist of deferred revenue which represents payments received in advance of revenue recognition. Revenue under these agreements is recognized over the related service period. During the three and nine months ended September 30, 2025, the Company recognized $2.0 million and $10.2 million of previously deferred revenue, respectively.