v3.26.1
Revenue (Tables)
3 Months Ended
Mar. 31, 2026
Revenue from Contract with Customer [Abstract]  
Schedule of Reported Revenue by Categories and Geographic Area

The Company reported revenue in the following categories for the three months ended March 31, 2026 and 2025 (in thousands):

 

 

 

Three Months Ended March 31,

 

 

 

2026

 

 

2025

 

Instruments

 

$

7,381

 

 

$

4,146

 

Consumables

 

 

13,960

 

 

 

5,023

 

Services

 

 

4,694

 

 

 

3,672

 

Other revenue

 

 

 

 

 

250

 

Total

 

$

26,035

 

 

$

13,091

 

 

The Company reported revenue in the following geographic areas for the three months ended March 31, 2026 and 2025 (in thousands):

 

 

 

Three Months Ended March 31,

 

 

 

2026

 

 

2025

 

United States

 

$

14,905

 

 

$

9,469

 

Europe, Middle East and Africa (excluding United Kingdom)

 

 

3,972

 

 

 

1,422

 

United Kingdom

 

 

3,462

 

 

 

1,730

 

Asia-Pacific

 

 

2,409

 

 

 

450

 

Americas (excluding United States)

 

 

1,287

 

 

 

20

 

Total

 

$

26,035

 

 

$

13,091

 

Summary of Deferred Revenue Activity

Deferred revenue activity during the three months ended March 31, 2026 and 2025 was as follows (in thousands):

 

 

 

Three Months Ended March 31,

 

 

 

2026

 

 

2025

 

Revenue recognized that was included in the contract liability at the beginning of the year

 

$

184

 

 

$

351