v3.26.1
Segment Information
6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Segment Information Segment Information
The chief operating decision maker (“CODM”) for the Company is the Chief Executive Officer. The Company’s Chief Executive Officer reviews financial information presented on a consolidated basis, accompanied by information about revenue by geographic region, for purposes of allocating resources and evaluating financial performance. The Company has one business activity and there are no segment managers who are held accountable for operations, operating results or plans for levels or components below the consolidated unit level. Accordingly, the Company has determined that it has a single reportable and operating segment structure. The Company’s Chief Executive Officer evaluates performance based primarily on revenue in the geographic locations in which the Company operates.
Revenue by geographic area is based on the billing address of the customer. The following table sets forth the Company’s revenue by geographic area (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
United States$14,176 $14,731 $27,431 $28,952 
Europe, Middle-East and Africa (“EMEA”)7,728 6,999 14,301 12,483 
Asia Pacific726 2,027 1,433 4,822 
Other International126 102 177 140 
Total$22,756 $23,859 $43,342 $46,397 
The CODM also utilizes the Company’s long-range plan as a key input for resource allocation. The CODM makes decisions on resource allocation, assesses performance of the business, and monitors budget versus actual results using consolidated net loss. Significant expenses within consolidated net loss include cost of goods sold, research and development, and selling, general and administrative expenses, which are each separately presented on the Company’s condensed consolidated statements of operations and comprehensive loss. In addition, the CODM is provided with the stock-based compensation expense included in research and development expenses and selling, general and administrative expenses. See Note 11, “Stockholders’ Equity” for more information. Other segment
items included in consolidated net loss are interest income, interest expense, and other (expense) income, net, and income tax expense.
Long-lived assets by geographic area are based on physical location of those assets. The following table sets forth the Company’s long-lived assets by geographic area (in thousands):
June 30,December 31,
20262025
United States$1,830 $2,144 
EMEA42 59 
Asia Pacific13 17 
Total$1,885 $2,220