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Revenue and Accounts Receivable Credit Concentration (Tables)
3 Months Ended
Mar. 31, 2025
Revenue from Contract with Customer [Abstract]  
Summary of Revenue

Revenues consisted of the following (in thousands):

 

 

Three Months Ended March 31,

 

 

 

2025

 

 

2024

 

Diagnostic Tests

 

$

16,316

 

 

$

13,796

 

Development Services

 

 

1,642

 

 

 

1,022

 

Total revenues

 

$

17,958

 

 

$

14,818

 

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 March 31,

 

 

 

2025

 

 

2024

 

United Healthcare

 

 

4

%

 

 

12

%

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

 

 

 

March 31, 2025

 

 

December 31, 2024

 

Medicare

 

 

24

%

 

 

21

%

Daiichi Sankyo

 

 

%

 

 

14

%