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Segment Reporting (Tables)
12 Months Ended
Dec. 31, 2024
Segment Reporting [Abstract]  
Schedule of Disaggregated Segment Operating Expenses on Functional Basis

The following table sets forth information on segment net loss, including significant segment expenses (in thousands):

 

 

Year Ended December 31,

 

 

 

2024

 

 

2023

 

Revenue

 

$

14,170

 

 

$

16,661

 

Cost of revenue

 

 

7,115

 

 

 

8,155

 

Gross profit

 

 

7,055

 

 

 

8,506

 

Operating expenses:

 

 

 

 

 

 

Compensation expenses

 

 

36,774

 

 

 

41,278

 

Stock-based compensation

 

 

28,207

 

 

 

34,425

 

Professional expenses

 

 

15,032

 

 

 

9,423

 

Business expenses

 

 

9,852

 

 

 

11,997

 

Facility expenses

 

 

6,379

 

 

 

5,500

 

Depreciation and amortization

 

 

5,836

 

 

 

5,352

 

Other (1)

 

 

5,076

 

 

 

3,994

 

Total operating expenses

 

 

107,156

 

 

 

111,969

 

 

 

 

 

 

 

 

Interest income

 

 

16,666

 

 

 

17,764

 

Loss on equity method investment

 

 

(2,649

)

 

 

 

Other expense

 

 

(417

)

 

 

(578

)

Provision for income taxes

 

 

98

 

 

 

 

Net loss

 

$

(86,599

)

 

$

(86,277

)

 

(1)
Other includes laboratory expenses, travel expenses, and allocated costs.