v3.26.1
SEGMENT INFORMATION (Tables)
6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
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 $63,512 
Development services revenue2,045 1,165 2,998 3,869 
Total revenue44,687 35,544 85,472 67,381 
Costs and operating expenses:
Cost of screening revenue (exclusive of amortization of intangible assets) (1)
23,347 19,346 44,591 36,469 
Cost of development services revenue (1)
434 501 810 1,672 
Research and development42,463 42,169 84,949 90,609 
Sales and marketing33,121 24,672 59,652 55,494 
General and administrative37,810 28,707 70,241 63,467 
Depreciation and intangible assets amortization36,964 37,252 74,186 74,931 
Stock-based compensation18,908 13,751 35,168 29,200 
Intangible and other assets impairment25,423 28,000 25,423 28,000 
Total costs and operating expenses218,470 194,398 395,020 379,842 
Loss from operations(173,783)(158,854)(309,548)(312,461)
Other income (expense):
Interest income7,230 6,809 15,216 14,588 
Other income (expense), net(155)(811)101 (1,395)
Benefit from income taxes56,461 38,871 90,797 79,070 
Net loss$(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.