| Schedule of Single Reportable Segment Profit or Loss Information |
The Company's single reportable segment profit or loss information is as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended
June 30, |
|
|
Six Months Ended
June 30, |
|
|
|
2026 |
|
|
2025 |
|
|
2026 |
|
|
2025 |
|
|
|
(In thousands) |
|
Laboratory Services |
|
$ |
218 |
|
|
$ |
494 |
|
|
$ |
250 |
|
|
$ |
2,632 |
|
Kitted Products |
|
|
21 |
|
|
|
24 |
|
|
|
21 |
|
|
|
24 |
|
Total net revenues |
|
|
239 |
|
|
|
518 |
|
|
|
271 |
|
|
|
2,656 |
|
Less: |
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|
|
|
|
|
|
|
|
|
|
|
Cost of revenues, as adjusted |
|
|
58 |
|
|
|
159 |
|
|
|
54 |
|
|
|
945 |
|
Personnel-related expenses and board fees |
|
|
3,751 |
|
|
|
3,136 |
|
|
|
7,861 |
|
|
|
6,164 |
|
Professional fees, legal, and outside services |
|
|
1,646 |
|
|
|
1,494 |
|
|
|
4,193 |
|
|
|
3,343 |
|
Facilities and insurance |
|
|
508 |
|
|
|
482 |
|
|
|
1,071 |
|
|
|
987 |
|
Laboratory supplies and expenses |
|
|
825 |
|
|
|
545 |
|
|
|
1,479 |
|
|
|
1,001 |
|
Clinical trial and registry service fees |
|
|
641 |
|
|
|
200 |
|
|
|
1,358 |
|
|
|
235 |
|
Marketing and advertising |
|
|
262 |
|
|
|
159 |
|
|
|
397 |
|
|
|
224 |
|
Travel and entertainment |
|
|
288 |
|
|
|
259 |
|
|
|
574 |
|
|
|
454 |
|
Other segment items (1) |
|
|
52 |
|
|
|
59 |
|
|
|
161 |
|
|
|
234 |
|
Segment loss |
|
|
(7,792 |
) |
|
|
(5,975 |
) |
|
|
(16,877 |
) |
|
|
(10,931 |
) |
Reconciliation of segment profit and loss: |
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|
|
|
|
|
|
|
|
|
|
|
Depreciation and amortization expenses |
|
|
(665 |
) |
|
|
(559 |
) |
|
|
(1,296 |
) |
|
|
(1,050 |
) |
Stock-based compensation |
|
|
(661 |
) |
|
|
(504 |
) |
|
|
(1,276 |
) |
|
|
(977 |
) |
Change in fair value of contingent consideration |
|
|
(2,284 |
) |
|
|
(2,804 |
) |
|
|
3,634 |
|
|
|
(3,683 |
) |
Interest expense |
|
|
(20 |
) |
|
|
(25 |
) |
|
|
(43 |
) |
|
|
(54 |
) |
Other income, net |
|
|
162 |
|
|
|
125 |
|
|
|
308 |
|
|
|
282 |
|
Income taxes |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
Net loss |
|
$ |
(11,260 |
) |
|
$ |
(9,742 |
) |
|
$ |
(15,550 |
) |
|
$ |
(16,413 |
) |
(1)Other segment items primarily includes delivery expenses, other business taxes and tax credits, and severance costs.
|
| Schedule of Revenues and Long-lived Assets by Geographic Area |
The Company's revenues and long-lived assets by geographic area are presented below. Revenues are based on the customer country of domicile. Assets are based on the location of held assets.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended
June 30, |
|
|
Six Months Ended
June 30, |
|
|
|
2026 |
|
|
2025 |
|
|
2026 |
|
|
2025 |
|
|
|
(In thousands) |
|
Revenues by geographic area: |
|
|
|
|
|
|
|
|
|
|
|
|
United States |
|
$ |
218 |
|
|
$ |
494 |
|
|
$ |
250 |
|
|
$ |
2,632 |
|
Europe |
|
|
15 |
|
|
|
24 |
|
|
|
15 |
|
|
|
24 |
|
Asia-Pacific |
|
|
6 |
|
|
|
— |
|
|
|
6 |
|
|
|
— |
|
Total net revenues |
|
$ |
239 |
|
|
$ |
518 |
|
|
$ |
271 |
|
|
$ |
2,656 |
|
|
|
|
|
|
|
|
|
|
|
|
June 30,
2026 |
|
|
December 31,
2025 |
|
|
|
(In thousands) |
|
Long-lived assets by geographic area: |
|
|
|
|
|
|
United States |
|
$ |
6,104 |
|
|
$ |
7,177 |
|
Europe |
|
|
1,607 |
|
|
|
1,577 |
|
United Kingdom |
|
|
381 |
|
|
|
433 |
|
Asia-Pacific |
|
|
9 |
|
|
|
63 |
|
Total |
|
$ |
8,101 |
|
|
$ |
9,250 |
|
|