v3.26.1
Segment, Geographical, and Customer Concentration
6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Segment, Geographical, and Customer Concentration Segment, Geographical, and Customer Concentration
The Company operates as a single operating segment. The Company’s chief operating decision maker, or CODM, its Chief Executive Officer, reviews the Company’s forecast, as well as budget to actual financial information, as key inputs to making decisions on resource allocation and assessing the performance of the business. The CODM monitors budget versus actual results using income (loss) from operations, income (loss) before provision for income taxes, and net income (loss).
Significant expenses within income from operations, as well as within net income (loss), include cost of sales, research and development expenses, and selling, general and administrative expenses, which are each separately presented on the Company’s consolidated statements of operations. Other segment items within net income (loss) include interest expense, and interest and other income, net on an aggregate basis for the purposes of allocating resources and evaluating financial performance.
The Company’s assets are primarily based in the United States.
No customers accounted for more than 10% of revenue during the three and six months ended June 30, 2026 and 2025.
No customer accounted for more than 10% of accounts receivable at June 30, 2026 and December 31, 2025.
The following table presents revenue by significant geographical locations for the periods indicated:
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
United States88 %88 %88 %88 %
Outside the United States12 %12 %12 %12 %
No individual country outside the United States accounted for more than 10% of the Company’s revenue for the periods presented.
Segment, Geographical, and Customer Concentration Segment, Geographical, and Customer Concentration
The Company operates as a single operating segment. The Company’s chief operating decision maker, or CODM, its Chief Executive Officer, reviews the Company’s forecast, as well as budget to actual financial information, as key inputs to making decisions on resource allocation and assessing the performance of the business. The CODM monitors budget versus actual results using income (loss) from operations, income (loss) before provision for income taxes, and net income (loss).
Significant expenses within income from operations, as well as within net income (loss), include cost of sales, research and development expenses, and selling, general and administrative expenses, which are each separately presented on the Company’s consolidated statements of operations. Other segment items within net income (loss) include interest expense, and interest and other income, net on an aggregate basis for the purposes of allocating resources and evaluating financial performance.
The Company’s assets are primarily based in the United States.
No customers accounted for more than 10% of revenue during the three and six months ended June 30, 2026 and 2025.
No customer accounted for more than 10% of accounts receivable at June 30, 2026 and December 31, 2025.
The following table presents revenue by significant geographical locations for the periods indicated:
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
United States88 %88 %88 %88 %
Outside the United States12 %12 %12 %12 %
No individual country outside the United States accounted for more than 10% of the Company’s revenue for the periods presented.