XML 29 R19.htm IDEA: XBRL DOCUMENT
v3.25.3

Summary of Significant Accounting Policies (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2025
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 September 30, |  | Nine Months Ended September 30,
|  | 2025 |  | 2024 |  | 2025 |  | 2024
Customer A |  | 24 | % |  | 20 | % |  | 23 | % |  | 24 | %
Customer B |  | 21 | % |  | 22 | % |  | 19 | % |  | 21 | %
Customer C |  | * |  | * |  | 10 | % |  | *
|  | Accounts Receivable, Net
|  | September 30, 2025 |  | December 31, 2024
Customer A |  | 14 | % |  | 13 | %
Customer B |  | 17 | % |  | 25 | %
Customer C |  | 16 | % |  | *
* |  | Less than 10%.
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 September 30, |  | Nine Months Ended September 30,
|  | 2025 |  | 2024 |  | 2025 |  | 2024
Revenue: |  |  |  |  |  |  |  |
Commercial |  | $ | 9,454 |  |  | $ | 6,779 |  |  | $ | 27,025 |  |  | $ | 22,314 |
Government |  | 3,988 |  |  | 2,633 |  |  | 11,621 |  |  | 10,276 |
Client direct bill(1) |  | 3,733 |  |  | 2,981 |  |  | 11,100 |  |  | 9,175 |
Other(2) |  | 69 |  |  | 114 |  |  | 198 |  |  | 221 |
Total revenue |  | $ | 17,244 |  |  | $ | 12,507 |  |  | $ | 49,944 |  |  | $ | 41,986 |
(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 condensed statements of cash flows consist of the following (in thousands):
|  | September 30, 2025 |  | December 31, 2024
Cash and cash equivalents |  | $ | 35,652 |  |  | $ | 22,036 |
Restricted cash |  | 200 |  |  | 200 |
Total cash, cash equivalents and restricted cash |  | $ | 35,852 |  |  | $ | 22,236 |
Schedule of Restricted Cash and Cash Equivalents | Cash, cash equivalents, and restricted cash presented in the accompanying condensed statements of cash flows consist of the following (in thousands):
|  | September 30, 2025 |  | December 31, 2024
Cash and cash equivalents |  | $ | 35,652 |  |  | $ | 22,036 |
Restricted cash |  | 200 |  |  | 200 |
Total cash, cash equivalents and restricted cash |  | $ | 35,852 |  |  | $ | 22,236 |
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):
|  | September 30, 2025 |  | September 30, 2024
Warrants to purchase common stock |  | 580,339 |  |  | 325,330 |
Common stock options |  | 526,889 |  |  | 576,151 |
Restricted stock units |  | 1,764,912 |  |  | 1,810,468 |
Employee stock purchase plan |  | 8,219 |  |  | 12,570 |
Total |  | 2,880,359 |  |  | 2,724,519 |

X
- References No definition available. + Details
Name: | us-gaap_AccountingPoliciesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-5 + Details
Name: | us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
Name: | us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of cash and cash equivalents. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCashAndCashEquivalentsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of cash and cash equivalents restricted as to withdrawal or usage. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(2)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478777/944-210-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 942 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(1)(a)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478546/942-210-S99-1 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 8 -SubTopic 10 -Topic 230 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482913/230-10-50-8 + Details
Name: | us-gaap_ScheduleOfRestrictedCashAndCashEquivalentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the nature of a concentration, a benchmark to which it is compared, and the percentage that the risk is to the benchmark. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 275 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 18 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482861/275-10-50-18 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 275 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 20 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482861/275-10-50-20 + Details
Name: | us-gaap_SchedulesOfConcentrationOfRiskByRiskFactorTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration