| Schedule of Segment Reporting Information |
A reconciliation to the consolidated net loss for the three and six months ended June 30, 2026 and June 30, 2025 is included in the table below: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended | | Six Months Ended | | (in thousands) | June 30, 2026 | | June 30, 2025 | | June 30, 2026 | | June 30, 2025 | | Revenue: | | | | | | | | | Screening revenue | $ | 42,642 | | | $ | 34,379 | | | $ | 82,474 | | | $ | 63,512 | | | Development services revenue | 2,045 | | | 1,165 | | | 2,998 | | | 3,869 | | | Total revenue | 44,687 | | | 35,544 | | | 85,472 | | | 67,381 | | | Costs and operating expenses: | | | | | | | | Cost of screening revenue (exclusive of amortization of intangible assets) (1) | 23,347 | | | 19,346 | | | 44,591 | | | 36,469 | | Cost of development services revenue (1) | 434 | | | 501 | | | 810 | | | 1,672 | | | Research and development | 42,463 | | | 42,169 | | | 84,949 | | | 90,609 | | | Sales and marketing | 33,121 | | | 24,672 | | | 59,652 | | | 55,494 | | | General and administrative | 37,810 | | | 28,707 | | | 70,241 | | | 63,467 | | | Depreciation and intangible assets amortization | 36,964 | | | 37,252 | | | 74,186 | | | 74,931 | | | Stock-based compensation | 18,908 | | | 13,751 | | | 35,168 | | | 29,200 | | | Intangible and other assets impairment | 25,423 | | | 28,000 | | | 25,423 | | | 28,000 | | | Total costs and operating expenses | 218,470 | | | 194,398 | | | 395,020 | | | 379,842 | | | Loss from operations | (173,783) | | | (158,854) | | | (309,548) | | | (312,461) | | | Other income (expense): | | | | | | | | | Interest income | 7,230 | | | 6,809 | | | 15,216 | | | 14,588 | | | Other income (expense), net | (155) | | | (811) | | | 101 | | | (1,395) | | | Benefit from income taxes | 56,461 | | | 38,871 | | | 90,797 | | | 79,070 | | | Net loss | $ | (110,247) | | | $ | (113,985) | | | $ | (203,434) | | | $ | (220,198) | |
(1) Cost of screening revenue (exclusive of amortization of intangible assets) and cost of development services revenue include stock-based compensation expense of $0.6 million and $1.1 million for the three and six months ended June 30, 2026 and $0.4 million and $1.2 million for the three and six months ended June 30, 2025.
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