v3.26.1
Product and Service Revenues
 6 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
Product and Service Revenues Product and Service Revenues
Product Revenues
Product revenues as recorded in the condensed consolidated statements of operations represents:
Three months ended 
 June 30,		Six months ended 
 June 30,
2026202520262025
Papzimeos$53,070 $— $74,661 $— 
Exemplar 192 41 429 244 
Product revenues$53,262 $41 $75,090 $244 
Service Revenues
For the three months ended June 30, 2026 and 2025, the Company recorded $1,716 and $815, respectively, of service revenues. For the six months ended June 30, 2026 and 2025, the Company recorded $3,140 and $1,953, respectively, of service revenues. All services revenues were generated by the Company's Exemplar subsidiary.
For the three and six months ended June 30, 2026, no single customer accounted for 10% or more of total condensed consolidated revenues. For the three and six months ended June 30, 2025, four and three customers accounted for 76.9% and 50.5% of total condensed consolidated revenues, respectively.
The Company considers there to be revenue concentration risks for customers that represent product and service revenues that exceed 10% of combined total product and service revenues. The concentration of the Company’s product and service revenues with a particular customer may have a material adverse effect on the Company’s revenues and results of operations if sales with the respective customer experience difficulties.
For the three and six months ended June 30, 2026, $165 and $445, respectively, of total revenues was attributable to sales from Exemplar to customers in foreign countries, with the remainder generated in the United States. All revenues in 2025 were generated within the United States.
Deferred Revenue
Deferred revenue consists entirely of deferred product and service revenues related to Exemplar and represents consideration received in advance of the performance of remaining obligations under the agreements.