v3.26.1
Organization and Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2026
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Summary of Revenue by Geographic Areas and Segment
The following tables summarize revenue by segment and region for the periods presented (in thousands):
Three Months Ended June 30, 2026
TriLinkCygnusTotal
North America$24,646$6,638$31,284
Europe, the Middle East and Africa6,1294,32410,453
Asia Pacific3,7015,6189,319
Latin and Central America193193386
Total revenue$34,669$16,773$51,442
Six Months Ended June 30, 2026
TriLinkCygnusTotal
North America$52,599$14,374$66,973
Europe, the Middle East and Africa23,6608,74032,400
Asia Pacific5,61011,58117,191
Latin and Central America276439715
Total revenue$82,145$35,134$117,279
Three Months Ended June 30, 2025
TriLink
Cygnus
Total
North America$23,872$6,767$30,639
Europe, the Middle East and Africa4,1074,2888,395
Asia Pacific3,0235,1358,158
Latin and Central America83122205
Total revenue$31,085$16,312$47,397
Six Months Ended June 30, 2025
TriLink
Cygnus
Total
North America$45,846$14,062$59,908
Europe, the Middle East and Africa6,7018,57215,273
Asia Pacific7,17011,54518,715
Latin and Central America118233351
Total revenue$59,835$34,412$94,247
Summary of Fair Value of Assets Measured on Recurring Basis
The following tables summarize the Company’s financial assets and liabilities that are measured at fair value on a recurring basis by level within the fair value hierarchy as of the periods presented (in thousands):
Fair Value Measurements as of June 30, 2026
Line Item in the Condensed Consolidated Balance Sheets
Level 1Level 2Level 3Total
Assets
Money market funds
Cash and cash equivalents
$69,165 $— $— $69,165 
Fair Value Measurements as of December 31, 2025
Line Item in the Condensed Consolidated Balance Sheets
Level 1Level 2Level 3Total
Assets
Money market funds
Cash and cash equivalents
$216,384 $— $— $216,384 
Summary of Concentration of Revenue
The following table summarizes revenue from each of our customers who individually accounted for 10% or more of our total revenue or accounts receivable for the periods presented:
RevenueAccounts Receivable, net
Three Months Ended
June 30,
Six Months Ended
June 30,
June 30, 2026December 31, 2025
2026202520262025
Pfizer, Inc.**12.2 %***
Nacalai USA, Inc.*****12.0 %
Seqirus Inc.****18.3 %*
____________________
*Less than 10%