v3.26.1
SEGMENT AND GEOGRAPHIC INFORMATION (Tables)
6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule of Segment Profit or Loss
A summary of the segment profit or loss, including significant segment expenses is as follows:
Three Months Ended June 30,Six Months Ended June 30,
(In thousands)2026202520262025
Total revenue$39,007 $39,766 $76,185 $76,919 
Less:
Cost of revenue26,369 25,082 50,706 63,606 
Research and development23,022 22,529 42,630 51,582 
Sales and marketing18,492 19,516 34,270 39,592 
General and administrative14,901 16,659 30,276 36,751 
Impairment charges— — — 15,000 
Settlement charges— — 15,400 — 
Gain on disposal of assets— — (45,796)— 
Change in fair value of contingent consideration— — — (18,700)
Amortization of acquired intangible assets833 833 1,666 362,875 
Operating loss(44,610)(44,853)(52,967)(473,787)
Other (expense) income, net(73)2,958 193 5,515 
Loss before income taxes(44,683)(41,895)(52,774)(468,272)
Income tax provision (benefit)58 35 242 (267)
Net loss$(44,741)$(41,930)$(53,016)$(468,005)
Schedule of Revenue by Geographic Location
A summary of our revenue by geographic location is as follows:
Three Months Ended June 30,Six Months Ended June 30,
(In thousands)2026202520262025
Americas$17,624 $17,687 $34,309 $33,990 
Europe, Middle East and Africa14,426 9,467 25,195 18,707 
Asia-Pacific6,957 12,612 16,681 24,222 
Total revenue$39,007 $39,766 $76,185 $76,919 
Schedule of Revenue by Category
A summary of our revenue by category is as follows:
Three Months Ended June 30,Six Months Ended June 30,
(In thousands)2026202520262025
Instrument revenue$12,839 $14,150 $22,560 $25,166 
Consumable revenue20,111 18,933 41,924 39,030 
Product revenue32,950 33,083 64,484 64,196 
Service and other revenue6,057 6,683 11,701 12,723 
Total revenue$39,007 $39,766 $76,185 $76,919