Segment Information |
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| Segment Information | Segment Information The Company reports segment information based on how the Company’s chief operating decision maker (“CODM”), who is the Chief Executive Officer, regularly reviews operating results, allocates resources and makes decisions regarding business operations. The Company’s business structure is comprised of one operating and reportable segment. The CODM uses segment gross margin and net loss for determining the allocation of resources, including employees, financial, or capital resources, to the segment to achieve the Company's strategic plan and to assess the performance of the segment by monitoring actual results against performance targets established in the Company's annual budget and forecasting process. All revenue for the three months ended March 31, 2026 and 2025 was generated from customers located in the United States. No customers represent 10% or more of the Company’s net revenue for the three months ended March 31, 2026 and 2025. The measure of segment assets is reported on the condensed balance sheets as total assets. The table below is a summary of the segment net loss and total net loss, including significant segment expenses (in thousands):
Depreciation expense for the three months ended March 31, 2026 and 2025 totaled $1,057 and $593, respectively. Depreciation expense of $1,034 and $575 for instruments is in sales and marketing and $23 and $18 for computer equipment, furniture and fixtures, and leasehold improvements are included in general and administrative expenses in the condensed statements of operations and comprehensive loss for the three months ended March 31, 2026 and 2025, respectively. Amortization expense related to the Company’s software license for the three months ended March 31, 2026 and 2025, totaled $75 and $75, respectively, and is included in general and administrative expenses in the condensed statements of operations and comprehensive loss.
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