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Revenue and Accounts Receivable Credit Concentration (Tables)
12 Months Ended
Dec. 31, 2024
Revenue from Contract with Customer [Abstract]  
Summary of Revenue

Revenues consisted of the following (in thousands):

 

 

Year Ended December 31,

 

 

 

2024

 

 

2023

 

Lung Diagnostic Testing

 

$

64,708

 

 

$

45,192

 

Development Services

 

 

6,615

 

 

 

3,895

 

Total revenue

 

$

71,323

 

 

$

49,087

 

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:

 

 

Year Ended December 31,

 

 

 

2024

 

 

2023

 

United Healthcare

 

 

7

%

 

 

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

 

 

 

December 31, 2024

 

 

December 31, 2023

 

Medicare

 

 

21

%

 

 

21

%

Daiichi Sankyo

 

 

14

%

 

 

8

%