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Segment Reporting (Tables)
3 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
Schedule of Single Reportable Segment Profit or Loss Information

The Company's single reportable segment profit or loss information is as follows:

 

 

 

Three Months Ended
March 31,

 

 

 

2026

 

 

2025

 

 

 

(In thousands)

 

Laboratory Services

 

$

32

 

 

$

2,138

 

Kitted Products

 

 

 

 

 

 

Total net revenues

 

 

32

 

 

 

2,138

 

Less:

 

 

 

 

 

 

Cost of revenues, as adjusted

 

 

(4

)

 

 

786

 

Personnel-related expenses and board fees

 

 

4,110

 

 

 

3,028

 

Professional fees, legal, and outside services

 

 

2,547

 

 

 

1,849

 

Facilities and insurance

 

 

563

 

 

 

505

 

Laboratory supplies and expenses

 

 

654

 

 

 

456

 

Clinical trial and registry service fees

 

 

717

 

 

 

35

 

Marketing and advertising

 

 

135

 

 

 

65

 

Travel and entertainment

 

 

286

 

 

 

195

 

Other segment items (1)

 

 

109

 

 

 

175

 

Segment loss

 

 

(9,085

)

 

 

(4,956

)

Reconciliation of segment profit and loss:

 

 

 

 

 

 

Depreciation and amortization expenses

 

 

(631

)

 

 

(491

)

Stock-based compensation

 

 

(615

)

 

 

(473

)

Change in fair value of contingent consideration

 

 

5,918

 

 

 

(879

)

Interest expense

 

 

(23

)

 

 

(29

)

Other income, net

 

 

146

 

 

 

157

 

Income taxes

 

 

 

 

 

 

Net loss

 

$

(4,290

)

 

$

(6,671

)

 

(1)
Other segment items primarily includes delivery expenses, other business taxes and tax credits, and severance costs.
Schedule of Revenues and Long-lived Tangible Assets by Geographic Area

The Company's revenues and long-lived tangible assets by geographic area are presented below. Revenues are based on the customer country of domicile. Assets are based on the location of held assets.

 

 

 

Three Months Ended
March 31,

 

 

 

2026

 

 

2025

 

 

 

(In thousands)

 

Revenues by geographic area:

 

 

 

 

 

 

United States

 

$

32

 

 

$

2,138

 

Total net revenues

 

$

32

 

 

$

2,138

 

 

 

 

March 31,
2026

 

 

December 31,
2025

 

 

 

(In thousands)

 

Long-lived tangible assets by geographic area:

 

 

 

 

 

 

United States

 

$

6,752

 

 

$

7,177

 

Europe

 

 

1,716

 

 

 

1,577

 

United Kingdom

 

 

407

 

 

 

433

 

Asia-Pacific

 

 

36

 

 

 

63

 

Total

 

$

8,911

 

 

$

9,250