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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

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