v3.26.1
Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2026
Accounting Policies [Abstract]  
Summary of Product Revenue by Geographical Locations of Customers

Product revenue by geographical locations of customers during the three and six months ended June 30, 2026 and 2025, was as follows (in thousands):

 

 

Three Months Ended

 

 

Six Months Ended

 

 

June 30,

 

 

June 30,

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Product revenue:

 

 

 

 

 

 

 

 

 

 

 

 

North America

 

$

38,356

 

 

$

35,286

 

 

$

75,111

 

 

$

65,886

 

Europe, Middle East and Africa

 

 

18,336

 

 

 

16,612

 

 

 

34,014

 

 

 

28,824

 

Other

 

 

749

 

 

 

547

 

 

 

1,977

 

 

 

974

 

Total product revenue

 

$

57,441

 

 

$

52,445

 

 

$

111,102

 

 

$

95,684

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Anti-Dilutive Effect of Common Shares

The table below presents potential shares that were excluded from the calculation of the weighted average number of shares outstanding used for the calculation of diluted net loss per share. These are excluded from the calculation due to their anti-dilutive effect for the three and six months ended June 30, 2026 and 2025 (shares in thousands):

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Weighted average number of anti-dilutive potential shares:

 

 

 

 

 

 

 

 

 

 

 

 

Stock options

 

 

8,730

 

 

 

10,720

 

 

 

9,149

 

 

 

11,252

 

Restricted stock units and performance-based stock awards

 

 

21,522

 

 

 

20,036

 

 

 

20,807

 

 

 

18,152

 

Employee stock purchase plan rights

 

 

299

 

 

 

158

 

 

 

272

 

 

 

222

 

            Total

 

 

30,551

 

 

 

30,914

 

 

 

30,228

 

 

 

29,626