v3.26.1
Segment Reporting
6 Months Ended 12 Months Ended
Jun. 30, 2026
Dec. 31, 2025
Segment Reporting [Abstract]    
Segment Reporting

15. Segment Reporting

The Company operates and tracks its results in one reportable segment. The Company’s CODM is its Chief Executive Officer. The CODM utilizes financial information presented on a consolidated basis to assess performance and to make key operating decisions such as the determination of resource allocations. The CODM also utilizes the Company’s consolidated long-range plan, which includes product development roadmaps and long-range consolidated financial models, as a key input to resource allocation, and monitors budget versus actual results using consolidated total income (loss) from operations. The CODM reviews consolidated measures of financial results with consolidated total income (loss) from operations as the primary measure of segment performance. The CODM does not review any measures of financial results beyond what is presented in the accompanying condensed consolidated statements of operations and comprehensive loss.

Significant expenses within income (loss) from operations include cost of revenue, research and development, and selling, general and administrative expenses, which are each separately presented on the Company’s condensed consolidated statements of operations. The Company’s long-lived assets consist primarily of property, plant and equipment, net and right-of-use assets.

The Company’s geographic information of revenue and long-lived assets is as follows:

 

Revenue

 

Long-Lived Assets

   

Six Months Ended
June 30,

 

As of
June 30,
2026

 

As of
December 31,
2025

   

2026

 

2025

 

United States

 

$

1,793

 

$

1,114

 

$

6,602

 

$

5,583

United Kingdom

 

 

 

 

336

 

 

193

 

 

367

Italy

 

 

 

 

 

 

353

 

 

531

Total

 

$

1,793

 

$

1,450

 

$

7,147

 

$

6,481

17. Segment Reporting

The Company operates and tracks its results in one reportable segment. The Company’s CODM is its Chief Executive Officer. The CODM utilizes financial information presented on a consolidated basis to assess performance and to make key operating decisions such as the determination of resource allocations. The CODM also utilizes the Company’s consolidated long-range plan, which includes product development roadmaps and long-range consolidated financial models, as a key input to resource allocation, and monitors budget versus actual results using consolidated total income (loss) from operations. The CODM reviews consolidated measures of financial results with consolidated total income (loss) from operations as the primary measure of segment performance. The CODM does not review any measures of financial results beyond what is presented in the accompanying consolidated statements of operations and comprehensive loss.

Significant expenses within income (loss) from operations include cost of revenue, research and development, and selling, general and administrative expenses, which are each separately presented on the Company’s consolidated statements of operations. The Company’s long-lived assets consist primarily of property, plant and equipment, net and right-of-use assets.

The Company’s geographic information of revenue and long-lived assets is as follows:

 

Year ended December 31,

   

2025

 

2024

   

Revenue

 

Long-Lived
Assets

 

Revenue

 

Long-Lived
Assets

United States

 

$

3,821

 

$

5,583

 

$

800

 

$

3,482

United Kingdom

 

 

336

 

 

367

 

 

 

 

523

Italy

 

 

 

 

531

 

 

 

 

446

Total

 

$

4,157

 

$

6,481

 

$

800

 

$

4,451