v3.26.3
Business Segment Information
 9 Months Ended
Sep. 30, 2026
Segment Reporting [Abstract]  
Business Segment Information BUSINESS SEGMENT INFORMATION:
The Company is organized on the basis of products and services into a single reportable segment. All products and services reside under the same reporting hierarchy. The Company's reportable segment derives its revenues from the sale of diagnostics products and sample management solutions, as described in Note 1 Summary of Significant Accounting Policies. As the Company has only one reportable segment, there are no inter-segment sales or transfers.
The Company's Chief Operating Decision Maker ("CODM") is its Chief Executive Officer. The CODM uses consolidated net income (loss) as reported in the consolidated statement of operations as the primary measure of the reportable segment's profit or loss. The CODM uses consolidated net income (loss) to assess the performance of the segment and make decisions about resource allocation. Consolidated gross profit and consolidated operating income (loss), as reported in the consolidated statement of operations, are also used by the CODM as measures of segment profit or loss. The CODM uses gross profit to assess the impact of the Company's efforts to achieve manufacturing efficiencies and consolidate its production activities. The CODM uses operating income (loss) to assess the impact of the Company's recent restructurings, reduction in workforce, and efforts to streamline its operations to achieve cost savings. The CODM uses consolidated total assets as the measure of segment assets, as reported on the consolidated balance sheet.
The accounting policies of the Company's reportable segment are the same as those described in Note 1 Summary of Significant Accounting Policies.
The following table represents total long-lived assets by geographic area:
September 30,December 31,
20262025
United States$35,278 $36,254 
United Kingdom8,110 10,061 
Canada3,756 4,642 
Other regions283 364 
$47,427 $51,321 
The following table represents reported segment revenues, segment loss, and significant segment expenses:

For the Three Months Ended September 30,For the Nine Months Ended September 30,
2026202520262025
Net revenues$30,907 $27,085 $89,471 $88,258 
Cost of products and services sold (1)
16,938 15,313 50,381 51,028 
Gross profit13,969 11,772 39,090 37,230 
Research and development (1)
7,629 10,106 30,720 31,110 
Sales and marketing (1)
6,557 6,299 19,931 19,533 
General and administrative (1)
11,992 11,081 40,977 37,859 
Change in the estimated fair value of acquisition-related contingent consideration— 376 (22,480)1,587 
Loss (gain) on sale of assets746 — 726 (993)
Operating loss(12,955)(16,090)(30,784)(51,866)
Other income86 154 490 138 
Interest revenue1,053 2,051 3,478 6,279 
Other segment items (2)
30 594 126 (705)
Loss before income taxes and equity investment(11,786)(13,291)(26,690)(46,154)
Income tax expense708 47 331 1,591 
Loss on equity investment(600)(374)(2,201)(1,700)
Net loss$(13,094)$(13,712)$(29,222)$(49,445)

(1) The tables below represent additional significant segment expense categories.
(2) Includes interest expense and foreign currency gains (losses).
For the Three Months Ended September 30,For the Nine Months Ended September 30,
2026202520262025
Stock-based Compensation
Cost of products and services sold$169 $208 $550 $584 
Research and development353 282 990 764 
Sales and marketing277 213 696 648 
General and administrative1,479 2,132 5,097 6,691 
$2,278 $2,835 $7,333 $8,687 
For the Three Months Ended September 30,For the Nine Months Ended September 30,
2026202520262025
Depreciation & Amortization
Cost of products and services sold$845 $1,054 $2,813 $3,503 
Research and development350 514 1,048 1,568 
Sales and marketing2 21 4 78 
General and administrative1,002 865 3,046 2,640 
$2,199 $2,454 $6,911 $7,789