v3.26.1
Revenue
6 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
Revenue
3.
Revenue

The Company reported revenue in the following categories for the three and six months ended June 30, 2026 and 2025 (in thousands):

 

 

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Instruments

 

 

 

$

7,788

 

 

$

5,773

 

 

$

15,169

 

 

$

9,919

 

Consumables

 

 

 

 

15,481

 

 

 

6,267

 

 

 

29,441

 

 

 

11,290

 

Services

 

 

 

 

6,158

 

 

 

4,122

 

 

 

10,852

 

 

 

7,794

 

Other revenue

 

 

 

 

 

 

 

 

 

 

 

 

 

250

 

Total

 

 

 

$

29,427

 

 

$

16,162

 

 

$

55,462

 

 

$

29,253

 

 

The Company reported revenue in the following geographic areas for the three and six months ended June 30, 2026 and 2025 (in thousands):

 

 

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

United States

 

 

 

$

19,658

 

 

$

9,524

 

 

$

34,563

 

 

$

18,993

 

Europe, Middle East and Africa

 

 

 

 

6,581

 

 

 

3,950

 

 

 

14,015

 

 

 

7,102

 

Asia-Pacific

 

 

 

 

2,685

 

 

 

2,324

 

 

 

5,094

 

 

 

2,774

 

Americas (excluding United States)

 

 

 

 

503

 

 

 

364

 

 

 

1,790

 

 

 

384

 

Total

 

 

 

$

29,427

 

 

$

16,162

 

 

$

55,462

 

 

$

29,253

 

 

Deferred revenue activity during the three and six months ended June 30, 2026 and 2025 was as follows (in thousands):

 

 

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Revenue recognized that was included in the contract liability at the beginning of the period

 

 

 

$

838

 

 

$

339

 

 

$

249

 

 

$

386

 

 

 

As of June 30, 2026, deferred revenue was $2.4 million, of which $2.2 million is included within accrued and other current liabilities and is expected to be recognized to revenue in the next 12 months. The remainder will be recognized thereafter and is included within other noncurrent liabilities. Deferred revenue as of December 31, 2025 was $0.8 million.