v3.25.2
Segment Reporting
 6 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
Segment Reporting Segment Reporting
Operating segments are identified as components of an enterprise for which separate discrete financial information is available for evaluation by the chief operating decision maker (“CODM”) for purposes of making decisions regarding resource allocation and evaluating financial performance. As of the year ended June 30, 2025, the Company has determined that its Chief Executive Officer and Chief Financial Officer/Chief Operating Officer are the CODMs. The CODMs review the unaudited condensed consolidated results of operations when making decisions about allocating resources and assessing the performance of the Company as a whole as the Company is still in an early stage of business. The Company does not distinguish between markets or segments for the purpose of internal reporting. Accordingly, the Company has determined that it operates in a single operating and single reportable segment at the consolidated entity level. The CODMs use net loss and loss from operations as the key performance measures to make key operating decisions.
Revenues are based on the location where services are provided and products are sold. All of the Company’s revenues are attributable to the U.S. for the periods presented. Reported segment net loss and loss from operations for the Company’s single reportable segment are shown in the unaudited condensed consolidated statements of operations and comprehensive loss.
The following table presents the significant segment expenses that are regularly provided to the CODMs:
Three Months Ended
June 30,		Six Months Ended
June 30,
(in thousands)2025202420252024
Total revenues$5,813 $7,033 $11,243 $13,858 
Cost of revenue5,631 6,826 10,948 13,513 
Operating expenses:
Personnel Expenses4,603 5,662 9,265 11,728 
Other Expenses7,763 9,989 16,513 19,747 
Depreciation and amortization2,782 2,813 5,496 5,124 
Impairment of assets— — 16,610 — 
Total operating expenses15,148 18,464 47,884 36,599 
Loss from operations$(14,966)$(18,257)$(47,589)$(36,254)
The personnel expenses represent payroll expenses excluding stock-based compensation. The other expenses represent research and development excluding personnel expenses, and general and administrative excluding personnel expenses.
Long-lived assets (excluding deferred tax assets) by geography
(in thousands)June 30, 2025December 31, 2024
United States$86,727 $82,530 
Non United States
159,570 155,702 
Total
$246,297 $238,232