v3.25.2
Organization and Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Summary of Revenue by Geographic Areas and Segment
The following tables summarize the revenue by segment and region for the periods presented (in thousands):
Three Months Ended June 30, 2025
Nucleic Acid ProductionBiologics Safety TestingTotal
North America$23,872$6,767$30,639
Europe, the Middle East and Africa4,1074,2888,395
Asia Pacific3,0235,1358,158
Latin and Central America83122205
Total revenue$31,085$16,312$47,397
Six Months Ended June 30, 2025
Nucleic Acid ProductionBiologics Safety TestingTotal
North America$45,846$14,062$59,908
Europe, the Middle East and Africa6,7018,57215,273
Asia Pacific7,17011,54518,715
Latin and Central America118233351
Total revenue$59,835$34,412$94,247
Three Months Ended June 30, 2024
Nucleic Acid ProductionBiologics Safety TestingTotal
North America$25,436$6,801$32,237
Europe, the Middle East and Africa9,7003,94613,646
Asia Pacific19,4154,00423,419
Latin and Central America3586121
Total revenue$54,586$14,837$69,423
Six Months Ended June 30, 2024
Nucleic Acid ProductionBiologics Safety TestingTotal
North America$51,714$13,894$65,608
Europe, the Middle East and Africa14,4408,57123,011
Asia Pacific34,32610,22944,555
Latin and Central America122306428
Total revenue$100,602$33,000$133,602
Summary of Concentration of Revenue
The following table summarizes revenue from each of our customers who individually accounted for 10% or more of our total revenue or accounts receivable for the periods presented:
RevenueAccounts Receivable, net
Three Months Ended
June 30,
Six Months Ended
June 30,
June 30, 2025December 31, 2024
2025202420252024
Nacalai USA, Inc.*22.1 %*18.6 %*36.8 %
____________________
*Less than 10%