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Segment Information
9 Months Ended
Sep. 30, 2025
Segment Reporting [Abstract]  
Segment Information Segment Information
The Company reports segment information based on how the Company’s chief operating decision maker (“CODM”), who is the Chief Executive Officer, regularly reviews operating results, allocates resources and makes decisions regarding business operations. The Company’s business structure is comprised of one operating and reportable segment. The CODM uses segment gross margin and net loss for determining the allocation of resources, including employees, financial, or capital resources, to the segment to achieve the Company's strategic plan and to assess the performance of the segment by monitoring actual results against performance targets established in the Company's annual budget and forecasting process.
All revenue for the three and nine months ended September 30, 2025 and 2024 was generated from customers located in the United States. No customers represent 10% or more of the Company’s net revenue for the three and nine months ended September 30, 2025 and 2024. The measure of segment assets is reported on the Condensed Balance Sheets as total assets.
The table below is a summary of the segment net loss, including significant segment expenses (in thousands):
Three Months EndedNine Months Ended
September 30, 2025September 30, 2024September 30, 2025September 30, 2024
Total Revenue$11,756 $7,454 $32,901 $22,898 
Cost of goods Sold2,795 1,753 7,756 5,325 
Gross margin8,961 5,701 25,145 17,573 
Operating expenses:
General and administrative7,703 4,143 18,736 11,581 
Sales and marketing6,248 3,912 16,430 11,526 
Medical education1,126 437 3,262 2,261 
Research and development1,525 1,090 4,514 3,322 
Interest/other expense1,088 174 14,790 710 
Segment net loss and total net loss $(8,729)$(4,055)$(32,587)$(11,827)
Depreciation expense for the three and nine months ended September 30, 2025 totaled $768 and $2,003, respectively. Depreciation expense of $744 and $1,942 for instruments is in sales and marketing and $24 and $61 for computer equipment, furniture and fixtures, and leasehold improvements are included in general, and administrative expenses in the statements of operations and comprehensive loss for the three and nine months ended September 30, 2025, respectively. Depreciation expense for the three and nine months ended September 30, 2024 totaled $489 and $1,352, respectively. Depreciation expense of $469 and $1,316 for instruments is in sales and marketing and $20 and $36 for computer equipment, furniture and fixtures, and leasehold improvements are included in general, and administrative expenses in the statements of operations and comprehensive loss for the three and nine months ended September 30, 2024, respectively.
Amortization expense related to the Company’s software license for the three and nine months ended September 30 2025, totaled $75 and $225. Amortization expense related to the Company’s software license for the three and nine months ended September 30, 2024 totaled $75 and $225. Amortization expense is included in general and administrative expense.