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Segment and Geographic Information | 12 Months Ended
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Dec. 31, 2024
Segment Reporting [Abstract] |
Segment and Geographic Information | 16. Segment and Geographic Information The Company has one operating and reporting segment which primarily focuses on the development and commercialization of novel therapeutics to treat serious unmet medical needs. The Company has determined that the chief executive officer is the chief operating decision maker (“CODM”). The CODM assesses performance of the business, monitors budget versus actual results and manages and allocates resources to the Company’s operations using consolidated net loss as the primary measurement. The CODM is regularly provided with entity-wide expense categories that are consistent with those found on the Company’s consolidated statements of operations. The measure of segment assets is reported on the balance sheet as total consolidated assets. As of December 31, 2024, the Company did no t have any property and equipment or operating lease right-of-use assets, and the Company’s finance lease right-of-use assets were all in the U.S. As of December 31, 2023, the Company’s property and equipment, operating lease right-of-use assets and finance lease right-of-use assets were all in the U.S. Supplemental enterprise-wide information is presented below. Geographic Revenues Geographic revenues, which are based on the region that revenue is generated, are as follows (in thousands):
|  | Years Ended December 31, |
|  | 2024 |  |  | 2023 |
United States |  | $ | 26,114 |  |  | $ | 12,961 |
Europe |  |  | 6,270 |  |  |  | 9,549 |
Japan |  |  | (2,854 | ) |  |  | 15,867 |
China |  |  | 91 |  |  |  | 8,426 |
Total revenue |  | $ | 29,621 |  |  | $ | 46,803 |
Customer Concentration The Company’s revenues have been generated from the following collaboration partners that individually accounted for 10% or more of the Company’s total revenue:
|  | Percentage of Revenue |
|  | Years Ended December 31, |
|  | 2024 |  |  | 2023 |
AstraZeneca |  |  | 88 | % |  |  | 26 | %
Astellas |  |  | 12 | % |  |  | 54 | %
Eluminex |  |  | — | % |  |  | 18 | %

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- Definition The entire disclosure for reporting segments including data and tables. 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