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v3.23.2

Summary of Significant Accounting Policies (Tables) | 6 Months Ended
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Jun. 30, 2023
Accounting Policies [Abstract] |
Schedule of Concentration of Risk, by Risk Factor and Significant Payer | For each significant payor and customer, revenue as a percentage of total revenue and accounts receivable as a percentage of total accounts receivable are as follows:
|  | Revenue
|  | Three Months Ended June 30, |  | Six Months Ended June 30,
|  | 2023 |  | 2022 |  | 2023 |  | 2022
Medicare |  | 29 | % |  | 15 | % |  | 34 | % |  | 18 | %
Medicare Advantage |  | 19 | % |  | 23 | % |  | 18 | % |  | 19 | %
Blue Shield |  | 10 | % |  | * |  | * |  | *
Aetna |  | * |  | 10 | % |  | * |  | *
* |  | Less than 10%.
|  | Accounts Receivable, Net
|  | June 30, 2023 |  | December 31, 2022
Medicare |  | 49 | % |  | 21 | %
Medicare Advantage |  | 14 | % |  | 13 | %
Schedule of Disaggregation of Revenue | The following table includes the Company's revenues as disaggregated by payor and customer category (in thousands):
|  | Three Months Ended June 30, |  | Six Months Ended June 30,
|  | 2023 |  | 2022 |  | 2023 |  | 2022
Revenue: |  |  |  |  |  |  |  |
Commercial |  | $ | 7,484 |  |  | $ | 4,510 |  |  | $ | 11,699 |  |  | $ | 10,933 |
Government |  | 4,189 |  |  | 1,139 |  |  | 8,615 |  |  | 3,259 |
Client(1) |  | 2,273 |  |  | 1,755 |  |  | 4,680 |  |  | 3,346 |
Other(2) |  | 191 |  |  | 202 |  |  | 373 |  |  | 462 |
Total revenue |  | $ | 14,137 |  |  | $ | 7,606 |  |  | $ | 25,367 |  |  | $ | 18,000 |
(1)Includes hospitals, other laboratories, etc. (2)Includes patient self-pay.
Schedule of Restricted Cash and Cash Equivalents | Cash, cash equivalents, and restricted cash presented in the accompanying statements of cash flows consist of the following (in thousands):
|  | June 30, 2023 |  | December 31, 2022
Cash and cash equivalents |  | $ | 31,466 |  |  | $ | 62,391 |
Restricted cash |  | 200 |  |  | 200 |
|  | $ | 31,666 |  |  | $ | 62,591 |
Schedule of Cash and Cash Equivalents | Cash, cash equivalents, and restricted cash presented in the accompanying statements of cash flows consist of the following (in thousands):
|  | June 30, 2023 |  | December 31, 2022
Cash and cash equivalents |  | $ | 31,466 |  |  | $ | 62,391 |
Restricted cash |  | 200 |  |  | 200 |
|  | $ | 31,666 |  |  | $ | 62,591 |
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share | Potentially dilutive securities not included in the calculation of diluted net loss per share, because to do so would be anti-dilutive, are as follows (in common stock equivalent shares):
|  | June 30, 2023 |  | June 30, 2022
Warrants to purchase common stock |  | 409,108 |  |  | 409,108 |
Common stock options |  | 994,526 |  |  | 1,949,374 |
Restricted stock units |  | 1,598,578 |  |  | 784,940 |
Employee stock purchase plan |  | 60,719 |  |  | 30,303 |
Total |  | 3,062,931 |  |  | 3,173,725 |

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