v3.26.3
Summary of Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2026
Accounting Policies [Abstract]  
Summary of Product Revenue by Geographical Locations of Customers

Product revenue by geographical locations of customers during the three and nine months ended September 30, 2026 and 2025, was as follows (in thousands):

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

September 30,

 

 

September 30,

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Product revenue:

 

 

 

 

 

 

 

 

 

 

 

 

North America

 

$

39,136

 

 

$

35,031

 

 

$

114,247

 

 

$

100,916

 

Europe, Middle East and Africa

 

 

17,645

 

 

 

16,744

 

 

 

51,659

 

 

 

45,569

 

Other

 

 

933

 

 

 

923

 

 

 

2,910

 

 

 

1,897

 

Total product revenue

 

$

57,714

 

 

$

52,698

 

 

$

168,816

 

 

$

148,382

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Anti-Dilutive Effect of Common Shares

The table below presents potential shares that were excluded from the calculation of the weighted average number of shares outstanding used for the calculation of diluted net loss per share. These are excluded from the calculation due to their anti-dilutive effect for the three and nine months ended September 30, 2026 and 2025 (shares in thousands):

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Weighted average number of anti-dilutive potential shares:

 

 

 

 

 

 

 

 

 

 

 

 

Stock options

 

 

8,241

 

 

 

10,436

 

 

 

8,843

 

 

 

10,977

 

Restricted stock units and performance-based stock awards

 

 

21,887

 

 

 

19,748

 

 

 

21,192

 

 

 

18,690

 

Employee stock purchase plan rights

 

 

103

 

 

 

86

 

 

 

226

 

 

 

313

 

            Total

 

 

30,231

 

 

 

30,270

 

 

 

30,261

 

 

 

29,980