v3.26.1
Revenue and Related Matters (Tables)
3 Months Ended
Mar. 31, 2026
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregated Revenue
When disaggregating revenue, the Company considers all of the economic factors that may affect its revenues. The following tables disaggregate the Company’s revenue by geography, based on the location products and services are consumed, and revenue type (in thousands):
Three Months Ended March 31, 2026Three Months Ended March 31, 2025
North AmericaEMEAAsia PacificTotalNorth AmericaEMEAAsia PacificTotal
Product revenue:
Instruments$1,761 $953 $1,383 $4,097 $813 $362 $1,448 $2,623 
Consumable and other products 11,745 7,074 2,563 21,382 10,918 4,849 2,349 18,116 
Total$13,506 $8,027 $3,946 $25,479 $11,731 $5,211 $3,797 $20,739 
Service and other revenue:
Research services$3,861 $245 $247 $4,353 $5,006 $329 $266 $5,601 
Service-type warranties1,669 956 282 2,907 1,509 893 192 2,594 
Other 1,913 1,088 115 3,116 422 202 628 
Total$7,443 $2,289 $644 $10,376 $6,937 $1,424 $462 $8,823 
Collaboration and license revenue:$560 $— $— $560 $771 $— $— $771 
Total$560 $— $— $560 $771 $— $— $771 
The following table disaggregates the Company’s revenue by technology type (in thousands):
Three Months Ended March 31,
20262025
Product revenue:
Simoa$16,804 $20,739 
Spatial Biology8,675 — 
Total product revenue$25,479 $20,739 
Service and other revenue:
Simoa$6,678 $8,823 
Spatial Biology3,698 — 
Total service and other revenue$10,376 $8,823