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Business Combinations and Contingent Consideration Liabilities (Tables)
 3 Months Ended
Mar. 31, 2026
Insight Genetics Inc [Member]  
Business Combination [Line Items]  
Schedule of Fair Value of Contingent Consideration Liability

The following table shows the IGI Merger Date contractual payment amounts, as applicable, and the corresponding fair value of each respective contingent consideration liability:

 

 

Contractual
Value

 

 

Fair Value on the
Merger Date

 

 

(In thousands)

 

Milestone 1 (a) (c)

 

$

1,500

 

 

$

1,340

 

Milestone 2 (a)

 

 

3,000

 

 

 

1,830

 

Milestone 3 (a)

 

 

1,500

 

 

 

770

 

Royalty 1 (b) (c)

 

See(b)

 

 

 

5,980

 

Royalty 2 (b) (c)

 

See(b)

 

 

 

1,210

 

Total

 

$

6,000

 

 

$

11,130

 

 

(a)
Indicates the maximum amount payable if the Milestone is achieved.
(b)
As defined, Royalty Payments are based on a percentage of future revenues of DetermaIO and Laboratory Services over their respective useful life, accordingly there is no fixed contractual value for the Royalty Contingent Consideration.
(c)
Contingent consideration is currently not expected to be paid out.
Schedule of Contingent Consideration, Measured at Fair Value

The following tables reflect the activity for the IGI contingent consideration measured at fair value using Level 3 inputs:

 

 

Fair Value

 

 

(In thousands)

 

Balance at December 31, 2024

 

$

2,593

 

Change in estimated fair value

 

 

31

 

Balance at March 31, 2025

 

$

2,624

 

 

 

 

 

Balance at December 31, 2025

 

$

1,807

 

Change in estimated fair value

 

 

(38

)

Balance at March 31, 2026

 

$

1,769

 
Chronix Merger [Member]  
Business Combination [Line Items]  
Schedule of Contingent Consideration, Measured at Fair Value

The following tables reflect the activity for the Chronix contingent consideration measured at fair value using Level 3 inputs:

 

 

Fair Value

 

 

(In thousands)

 

Balance at December 31, 2024

 

$

35,346

 

Earnout payments

 

 

—

 

Change in estimated fair value

 

 

848

 

Balance at March 31, 2025

 

$

36,194

 

 

 

 

 

Balance at December 31, 2025

 

$

42,076

 

Earnout payments

 

 

—

 

Change in estimated fair value

 

 

(5,880

)

Balance at March 31, 2026

 

$

36,196