Intangible Assets, Net	3 Months Ended
Mar. 31, 2026
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets, Net	5. Intangible Assets, Net As part of the IGI and Chronix acquisitions completed on January 31, 2020 and April 15, 2021, respectively, the Company acquired IPR&D and customer relationships (see Note 3). In 2023 and 2024, the Company recorded partial impairments related to its DetermaIO and DetermaCNI IPR&D intangible assets. As of December 31, 2025, due to growing competitive pressure in the oncology market, although not abandoned, management did not foresee substantial near term investment in, or revenue generating opportunities from, DetermaIO and DetermaCNI. Due to this current market condition, the Company’s long range plan forecasts were updated, resulting in a significant reduction to anticipated future benefits derived from the Company’s IPR&D assets. The IPR&D balances were reassessed based on the updated long range plan using the multi-period excess earnings method approach and the results of the valuations noted that the carrying values of the DetermaIO and DetermaCNI IPR&D intangible assets were greater than the fair market values, resulting in the full impairment of both assets. Accordingly, the Company recorded impairments of $2.9 million and $11.7 million related to DetermaIO and DetermaCNI, respectively, as of December 31, 2025. The significant unobservable inputs used related to DetermaIO and DetermaCNI as of December 31, 2025, included: (i) a discount period of 15.0 years, based on the long range plan forecast, and (ii) a discount rate of 29.0%, as well as certain assumptions about future cash flows in the related long range plan forecast. This valuation approach yielded a fair value of zero for both DetermaIO and DetermaCNI as of December 31, 2025. See Note 2, “Intangible Assets” for additional IPR&D information. Intangible assets subject to amortization included a customer relationship, at the acquired value of $440,000, which was fully amortized as of March 31, 2025. Intangible asset amortization expense amounted to $7,000 during 2025. Amortization of intangible assets was included in cost of revenues in the consolidated statement of operations because the intangible assets pertained directly to the revenues generated from the acquired intangibles.

Intangible Assets, Net

3 Months Ended

Mar. 31, 2026

Goodwill and Intangible Assets Disclosure [Abstract]

5. Intangible Assets, Net

As part of the IGI and Chronix acquisitions completed on January 31, 2020 and April 15, 2021, respectively, the Company acquired IPR&D and customer relationships (see Note 3). In 2023 and 2024, the Company recorded partial impairments related to its DetermaIO and DetermaCNI IPR&D intangible assets.

As of December 31, 2025, due to growing competitive pressure in the oncology market, although not abandoned, management did not foresee substantial near term investment in, or revenue generating opportunities from, DetermaIO and DetermaCNI. Due to this current market condition, the Company’s long range plan forecasts were updated, resulting in a significant reduction to anticipated future benefits derived from the Company’s IPR&D assets. The IPR&D balances were reassessed based on the updated long range plan using the multi-period excess earnings method approach and the results of the valuations noted that the carrying values of the DetermaIO and DetermaCNI IPR&D intangible assets were greater than the fair market values, resulting in the full impairment of both assets. Accordingly, the Company recorded impairments of $2.9 million and $11.7 million related to DetermaIO and DetermaCNI, respectively, as of December 31, 2025.

The significant unobservable inputs used related to DetermaIO and DetermaCNI as of December 31, 2025, included: (i) a discount period of 15.0 years, based on the long range plan forecast, and (ii) a discount rate of 29.0%, as well as certain assumptions about future cash flows in the related long range plan forecast. This valuation approach yielded a fair value of zero for both DetermaIO and DetermaCNI as of December 31, 2025. See Note 2, “Intangible Assets” for additional IPR&D information.

Intangible assets subject to amortization included a customer relationship, at the acquired value of $440,000, which was fully amortized as of March 31, 2025. Intangible asset amortization expense amounted to $7,000 during 2025. Amortization of intangible assets was included in cost of revenues in the consolidated statement of operations because the intangible assets pertained directly to the revenues generated from the acquired intangibles.