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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2022
Accounting Policies [Abstract]  
Schedule of Customers Represent Greater Than 10% Of Revenue

The following table shows customers that represent greater than 10% of revenue for the period presented:

 

 

Year Ended December 31,

 

 

 

2022

 

 

2021

 

Customer A

 

 

50

%

 

 

41

%

Customer B

 

 

5

%

 

 

15

%

Schedule of Customers Represent Greater Than 10% Of Accounts Receivable

The following table shows customers that represent greater than 10% of the accounts receivable balance for the period presented:

 

 

December 31,
2022

 

 

December 31,
2021

 

Customer A

 

 

32

%

 

 

37

%

Customer B

 

 

7

%

 

 

22

%

Summary of Marketable Securities The following tables summarize the Company’s marketable securities at December 31, 2021 (in thousands):

 

 

 

December 31, 2021

 

 

 

Amortized Cost

 

 

Gross Unrealized Gains

 

 

Gross Unrealized Losses

 

 

Fair Value

 

U.S. treasury securities

 

 

10,000

 

 

 

 

 

 

(4

)

 

 

9,996

 

Total

 

$

10,000

 

 

$

 

 

$

(4

)

 

$

9,996

 

Summary of Maturities of Marketable Securities

The following table summarizes the maturities of the Company’s marketable securities at December 31, 2021 (in thousands):

 

 

 

December 31, 2021

 

 

 

Amortized Cost

 

 

Fair Value

 

Due in less than 1 year

 

$

10,000

 

 

$

9,996

 

Total

 

$

10,000

 

 

$

9,996

 

Schedule of Inventory

The components of inventory consist of the following (in thousands):

 

 

 

December 31,

 

 

December 31,

 

 

 

2022

 

 

2021

 

Raw materials

 

$

2,004

 

 

$

1,591

 

Work-in-process

 

 

1,176

 

 

 

953

 

Finished goods

 

 

1,105

 

 

 

1,365

 

Total inventories, net

 

$

4,285

 

 

$

3,909

 

Disaggregation of Revenue by Major Source The following table disaggregates total revenue by major source (in thousands):

 

 

 

Year ended

 

 

 

December 31,

 

 

 

2022

 

 

2021

 

Product revenue

 

 

 

 

 

 

Instruments

 

$

2,302

 

 

$

1,238

 

Consumables

 

 

8,185

 

 

 

14,576

 

Instrument rentals

 

 

78

 

 

 

6

 

Service

 

 

694

 

 

 

826

 

Total product revenue

 

 

11,259

 

 

 

16,646

 

Contribution revenue

 

 

11,046

 

 

 

11,412

 

Total revenue

 

$

22,305

 

 

$

28,058