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Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 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
						Year Ended December 31,
						2023						2022
Medicare						34		%				39		%
Medicare Advantage						17		%				15		%

						Accounts Receivable
						December 31,
						2023						2022
Medicare						42		%				21		%
Medicare Advantage						16		%				13		%

Schedule of Disaggregation of Revenue

The following table includes the Company's revenues as disaggregated by payor and customer category (in thousands):

						Year Ended December 31,
						2023						2022
Revenue:
Commercial						$	23,985					$	18,975
Government						18,002						17,687
Client(1)						9,949						7,928
Other(2)						612						973
Total revenue						$	52,548					$	45,563

(1)Includes hospitals, other laboratories, etc.

(2)Includes patient self-pay.

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):

						December 31,
						2023						2022
Cash and cash equivalents						$	36,493					$	62,391
Restricted cash						200						200
						$	36,693					$	62,591

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):

						December 31,
						2023						2022
Cash and cash equivalents						$	36,493					$	62,391
Restricted cash						200						200
						$	36,693					$	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):

 

						Year Ended December 31,
						2023						2022
Warrants to purchase common stock						409,108						409,108
Common stock options						986,819						1,421,235
Restricted stock units						1,387,459						1,036,208
Employee stock purchase plan						44,700						58,711
Total						2,828,086						2,925,262

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