v3.26.1
Revenue and Accounts Receivable Credit Concentration (Tables)
6 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
Summary of Revenue

Revenues consisted of the following (in thousands):

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Diagnostic Tests

 

$

25,349

 

 

$

17,898

 

 

$

47,640

 

 

$

34,214

 

Development Services

 

 

1,512

 

 

 

2,120

 

 

 

4,776

 

 

 

3,762

 

Total revenues

 

$

26,861

 

 

$

20,018

 

 

$

52,416

 

 

$

37,976

 

 

Summary of Revenue and Accounts Receivable by Third-party Payors and Other Customers

The Company’s customers in excess of 10% of total revenue and their related revenue as a percentage of total revenue were as follows:

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

United Healthcare

 

 

10

%

 

 

11

%

 

 

9

%

 

 

6

%

Humana

 

 

10

%

 

 

8

%

 

 

10

%

 

 

4

%

The Company’s third-party payors and other customers in excess of 10% of accounts receivable, and their related accounts receivable as a percentage of total accounts receivable were as follows:

 

 

As of

 

 

 

 

June 30, 2026

 

 

December 31, 2025

 

 

Medicare

 

 

32

%

 

 

18

%