Other Financial Statement Information (Tables)

12 Months Ended

Dec. 31, 2020

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Inventory

Inventory was comprised of the following (in thousands):

	Year Ended December 31,
	2020		2019
Purchased materials	$	9,930	$	6,436
Work in progress	9,312		3,996
Finished goods	10,717		4,838
Inventory	$	29,959	$	15,270

Schedule of Property Plant and Equipment

Depreciation is computed using the straight-line method based on the estimated useful lives of the following assets:

	Useful Life (Years)
Laboratory equipment and machinery	3	-	5
Computer equipment	2	-	3
Furniture and fixtures	3
Leasehold improvements	1	-	10

Property and equipment, net consisted of the following (in thousands):

	Year Ended December 31,
	2020		2019
Laboratory equipment and machinery	$	30,010	$	22,400
Computer equipment	5,783		4,991
Furniture and fixtures	5,887		4,143
Leasehold improvements	42,068		33,936
Construction in progress	19,594		2,406
Total property and equipment	103,342		67,876
Less: accumulated depreciation and amortization	(30,502)		(19,055)
Property and equipment, net	$	72,840	$	48,821

Schedule of Intangible Assets Net

Intangible assets, net, which are recorded within other assets in the consolidated balance sheets, consisted of the following (dollars in thousands):

	December 31, 2020								December 31, 2019
	Remaining Useful Life in Years	Gross Carrying Amount		Accumulated Amortization		Intangibles, Net		Remaining Useful Life in Years	Gross Carrying Amount		Accumulated Amortization		Intangibles, Net
Technology licenses	13.7	$	22,504	$	(1,973)	$	20,531	14.7	$	22,504	$	(440)	$	22,064
Customer relationships	3.9	805		(111)		694		5.9	204		(32)		172
Trademarks	0.9	204		(142)		62		1.9	204		(74)		130
Assembled workforce	4.8	1,128		(61)		1,067			—		—		—
Total intangible assets, net		$	24,641	$	(2,287)	$	22,354		$	22,912	$	(546)	$	22,366

Schedule of Annual Amortization of Intangible Assets

The estimated annual amortization of intangible assets for the next five years is shown below (in thousands):

	Estimated Annual Amortization
2021	$	2,000
2022	1,939
2023	1,908
2024	1,828
2025	1,664
Thereafter	13,015
Total	$	22,354

Schedule of Accrued Compensation and Related Benefits

Accrued compensation and related benefits were comprised of the following (in thousands):

	Year Ended December 31,
	2020		2019
Accrued payroll and related costs	$	2,506	$	470
Employee stock purchase program liability	1,258		1,862
Accrued bonus	5,058		6,154
Accrued commissions	3,038		2,473
Accrued acquisition-related compensation	2,213		818
Accrued vacation	1,035		435
Other	275		182
Accrued compensation and related benefits	$	15,383	$	12,394

Schedule of Accrued Expense and Other Current Liabilities

Accrued expenses and other current liabilities were comprised of the following (in thousands):

	Year Ended December 31,
	2020		2019
Accrued legal and related costs	$	5,704	$	4,888
Accrued license fee	6,198		6,183
Accrued purchase consideration	4,146		—
Accrued royalties for licensed technologies	3,160		2,025
Accrued property and equipment	2,983		3,885
Accrued professional services	3,137		1,380
Product warranties	399		467
Customer deposits	1,727		1,304
Taxes payable	8,649		1,087
Accrued lab supplies	1,506		534
Other	5,844		2,695
Accrued expenses and other current liabilities	$	43,453	$	24,448

Schedule of Changes in the Reserve for Product Warranties

Changes in the reserve for product warranties were as follows (in thousands):

	Year Ended December 31,
	2020		2019
Beginning of period	$	467	$	804
Amounts charged to cost of revenue	796		741
Repairs and replacements	(864)		(1,078)
End of period	$	399	$	467

Change in Contract with Customer Asset and Liability Abstract

A summary of the change in contract liabilities is as follows (in thousands):

	Year Ended December 31,
	2020		2019
January 1	$	4,131	$	3,497
Revenue recognized that was included in the contract liability at the beginning of the year	(3,295)		(2,250)
Revenue deferred excluding amounts recognized as revenue during the period	5,318		2,884
Balance as of December 31	$	6,154	$	4,131

Schedule of Revenue by Source

The following table represents revenue by source for the periods indicated (in thousands):

	Year Ended December 31,
	2020		2019		2018
Instruments	$	40,128	$	34,945	$	36,540
Consumables	252,685		206,878		107,616
Services	6,032		4,070		2,157
Total revenue	$	298,845	$	245,893	$	146,313

Schedule of Revenue by Geography

The following table presents revenue by geography based on the location of the customer for the periods indicated (in thousands):

	Year Ended December 31,
	2020		2019		2018
North America	$	159,332	$	139,758	$	85,132
Europe, Middle East and Africa	73,265		58,004		35,812
China	41,741		29,920		15,075
Asia-Pacific(1)	24,507		18,211		10,294
Total revenue	$	298,845	$	245,893	$	146,313

(1) Asia-Pacific excludes China which is disclosed separately.