v3.26.1
Revenue and Related Matters (Tables)
6 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregated Revenue
When disaggregating revenue, the Company considers all of the economic factors that may affect its revenues. The following tables disaggregate the Company’s revenue by geography, based on the location products and services are consumed, and revenue type (in thousands):
Three Months Ended June 30, 2026Three Months Ended June 30, 2025
North AmericaEMEAAsia PacificTotalNorth AmericaEMEAAsia PacificTotal
Product revenue:
Instruments$155 $2,351 $1,155 $3,661 $601 $507 $852 $1,960 
Consumable and other products 11,444 5,665 2,706 19,815 7,887 4,811 2,174 14,872 
Total$11,599 $8,016 $3,861 $23,476 $8,488 $5,318 $3,026 $16,832 
Service and other revenue:
Research services$2,584 $199 $208 $2,991 $3,861 $104 $58 $4,023 
Service-type warranties2,493 1,508 285 4,286 1,480 904 189 2,573 
Other 1,024 575 142 1,741 335 181 — 516 
Total$6,101 $2,282 $635 $9,018 $5,676 $1,189 $247 $7,112 
Collaboration and license revenue:$412 $— $— $412 $532 $— $— $532 
Total$412 $— $— $412 $532 $— $— $532 
Six Months Ended June 30, 2026Six Months Ended June 30, 2025
North AmericaEMEAAsia PacificTotalNorth AmericaEMEAAsia PacificTotal
Product revenue:
Instruments$1,916 $3,304 $2,538 $7,758 $1,414 $869 $2,300 $4,583 
Consumable and other products23,189 12,740 5,269 41,198 18,807 9,659 4,523 32,989 
Total$25,105 $16,044 $7,807 $48,956 $20,221 $10,528 $6,823 $37,572 
Service and other revenue:
Research services$6,445 $445 $455 $7,345 $8,867 $433 $324 $9,624 
Service-type warranties4,162 2,463 567 7,192 2,989 1,797 381 5,167 
Other2,937 1,663 257 4,857 757 383 1,144 
Total$13,544 $4,571 $1,279 $19,394 $12,613 $2,613 $709 $15,935 
Collaboration and license revenue:$972 $— $— $972 $1,303 $— $— $1,303 
Total$972 $— $— $972 $1,303 $— $— $1,303 
The following table disaggregates the Company’s revenue by technology type (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Product revenue:
Simoa$14,134 $16,832 $30,939 $37,572 
Spatial biology9,342 — 18,017 — 
Total product revenue$23,476 $16,832 $48,956 $37,572 
Service and other revenue:
Simoa$6,027 $7,112 $12,706 $15,935 
Spatial biology2,991 — 6,688 — 
Total service and other revenue$9,018 $7,112 $19,394 $15,935