v3.26.1
Segment Information
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Segment Information Segment Information
The Company reports segment information based on how the Company’s chief operating decision maker (“CODM”), who is the Chief Executive Officer, regularly reviews operating results, allocates resources and makes decisions regarding business operations. The Company’s business structure is comprised of one operating and reportable segment. The CODM uses segment gross margin and net loss for determining the allocation of resources, including employees, financial, or capital resources, to the segment to achieve the Company’s strategic plan and to assess the performance of the segment by monitoring actual results against performance targets established in the Company’s annual budget and forecasting process.
All revenue for the three and six months ended June 30, 2026 and 2025 was generated from customers located in the United States. No customers represent 10% or more of the Company’s net revenue for the three and six months ended June 30, 2026 and 2025. The measure of segment assets is reported on the condensed balance sheets as total assets.
The table below is a summary of the segment net loss and total net loss, including significant segment expenses (in thousands):
Three Months EndedSix Months Ended
June 30, 2026June 30, 2025June 30, 2026June 30, 2025
Net revenue$17,175 $11,013 $33,883 $21,145 
Cost of goods sold
3,734 2,620 7,456 4,961 
Gross profit
13,441 8,393 26,427 16,184 
Operating expenses:
General and administrative8,936 5,820 17,561 11,033 
Sales and marketing9,347 5,449 17,623 10,182 
Medical education1,803 1,580 3,110 2,136 
Research and development3,391 1,406 7,145 2,989 
Total other (income) expense
117 13,334 (480)13,702 
Segment net loss and total net loss $(10,153)$(19,196)$(18,532)$(23,858)
Depreciation expense for the three and six months ended June 30, 2026 totaled $1,108 and $2,165, respectively. Depreciation expense of $1,086 and $2,120 for instruments is in sales and marketing and $22 and $45 for computer equipment, furniture and fixtures, and leasehold improvements are included in general and administrative expenses in the condensed statements of operations and comprehensive loss for the three and six months ended June 30, 2026, respectively. Depreciation expense for the three and six months ended June 30, 2025 totaled $643 and $1,235, respectively. Depreciation expense of $623 and $1,198 for instruments is in sales and marketing and $20 and $37 for computer equipment, furniture and fixtures, and leasehold improvements are included in general and administrative expenses in the condensed statements of operations and comprehensive loss for the three and six months ended June 30, 2025, respectively.
Amortization expense related to the License Agreement for the three and six months ended June 30, 2026, totaled $25 and $100, respectively. Amortization expense related to the License Agreement for the three and six months ended June 30, 2025 totaled $75 and $150, respectively. Amortization expense is included in general and administrative expense.