v3.25.1
Basis of Presentation and Summary of Significant Accounting Policies (Tables)
 3 Months Ended
Mar. 31, 2025
Accounting Policies [Abstract]  
Schedule of Cash and Cash Equivalents
The following is a summary of cash, cash equivalents and restricted cash on the consolidated balance sheets (in thousands):
March 31,
2025		December 31,
2024
Cash$19,497 $32,251 
U.S. Treasury9,236 4,743 
Money market funds66,565 61,722 
Restricted cash— 29 
Total cash, cash equivalents and restricted cash as presented on the consolidated statements of cash flows$95,299 $98,745 
Schedule of Restrictions on Cash and Cash Equivalents
The following is a summary of cash, cash equivalents and restricted cash on the consolidated balance sheets (in thousands):
March 31,
2025		December 31,
2024
Cash$19,497 $32,251 
U.S. Treasury9,236 4,743 
Money market funds66,565 61,722 
Restricted cash— 29 
Total cash, cash equivalents and restricted cash as presented on the consolidated statements of cash flows$95,299 $98,745 
Schedule of Estimated Useful Life of Property and Equipment The Company’s estimated useful lives of its property and equipment are as follows:
 Estimated Useful Lives
Building
20 years
Furniture and fixtures
5 - 7 years
Laboratory equipment
5 - 10 years
Office and computer equipment
3 - 5 years
Leasehold improvementsShorter of expected lease term or estimated useful life
Schedule of Estimated Useful Lives of its Intangible Assets The Company’s estimated useful lives of its intangible assets are as follows:
Estimated Useful Lives
Patent20 years
Trademarks10 years
Trade name
2 - 15 years
FCI developed technology
1 - 6 years
Customer relationship
7 - 9 years
Reagent licenses7 years
IP license5 years