v3.26.1
Basis of Presentation and Summary of Significant Accounting Policies (Tables)
 6 Months Ended
Jun. 30, 2026
Accounting Policies [Abstract]  
Schedule of Cash and Cash Equivalents
The following is a summary of cash and cash equivalents on the unaudited interim consolidated balance sheets (in thousands):
June 30,
2026		December 31,
2025
Cash$29,925 $28,983 
U.S. Treasury7,701 16,434 
Money market funds36,220 45,436 
Total cash and cash equivalents
$73,846 $90,853 
Schedule of Allowance for Credit Loss
The changes in the allowance for credit losses for the six months ended June 30, 2026 were as follows (in thousands):
Balance at December 31, 2025$729 
Utilization of allowance for credit losses— 
Provision for credit losses499 
Balance at June 30, 2026$1,228 
Schedule of Estimated Useful Life of Property and Equipment The Company’s estimated useful lives of its property and equipment are as follows:
Estimated Useful Lives
Building
20 years
Furniture and fixtures
5 - 7 years
Laboratory equipment
5 - 10 years
Office and computer equipment
3 - 5 years
Leasehold improvementsShorter of expected lease term or estimated useful life
Schedule of Estimated Useful Lives of its Intangible Assets The Company’s estimated useful lives of its intangible assets are as follows:
Estimated Useful Lives
Patent20 years
Trademarks10 years
Trade name
2 - 15 years
FCI developed technology
1 - 6 years
Customer relationship
7 - 9 years
Reagent licenses7 years
IP license5 years