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Revenue and Accounts Receivable Credit Concentration (Tables)
9 Months Ended
Sep. 30, 2024
Revenue from Contract with Customer [Abstract]  
Summary of Revenue

Revenues consisted of the following (in thousands):

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Diagnostic Tests

 

$

17,168

 

 

$

12,301

 

 

$

47,503

 

 

$

32,395

 

Biopharmaceutical Services and other

 

 

983

 

 

 

1,190

 

 

 

3,391

 

 

 

2,024

 

Total revenue

 

$

18,151

 

 

$

13,491

 

 

$

50,894

 

 

$

34,419

 

Summary of Revenue and Accounts Receivable by Third-party Payors and Other Customers

The Company’s customers in excess of 10% of total revenue and their related revenue as a percentage of total revenue were as follows:

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

United Healthcare

 

 

7

%

 

 

10

%

 

 

8

%

 

 

10

%

The Company’s third-party payors and other customers in excess of 10% of accounts receivable, and their related accounts receivable as a percentage of total accounts receivable were as follows:

 

 

As of

 

 

 

September 30, 2024

 

 

December 31, 2023

 

Medicare

 

 

26

%

 

 

21

%