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Other Financial Statement Information (Tables)
 12 Months Ended
Dec. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Marketable Securities
Available-for-sale securities at December 31, 2023 consisted of the following (in thousands):
December 31, 2023December 31, 2022
Amortized CostGross Unrealized GainsGross Unrealized LossesFair ValueAmortized CostGross Unrealized GainsGross Unrealized LossesFair ValueFair Value Measurement
Cash equivalents:
Money market funds$348,539 $— $— $348,539 $163,184 $— $— $163,184 Level 1
Marketable securities:
Corporate debt securities10,022 — (51)9,971 153,794 4 (2,768)151,030 Level 2
Government debt securities18,152 — (125)18,027 54,136 — (1,247)52,889 Level 2
Asset-backed securities1,425 — (12)1,413 6,424 — (105)6,319 Level 2
Total available-for-sale securities$378,138 $— $(188)$377,950 $377,538 $4 $(4,120)$373,422 
Schedule of Debt Securities, Available-for-sale
The contractual maturities of marketable securities as of December 31, 2023 were as follows (in thousands):
Fair Value
Due in one year or less$28,045 
Due after one year to five years1,366 
$29,411 
Schedule of Inventory
Inventory was comprised of the following (in thousands):
December 31,
20232022
Purchased materials$34,484 $34,497 
Work in progress21,975 24,650 
Finished goods17,247 22,482 
Inventory$73,706 $81,629 
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)
Building10-40
Laboratory equipment and machinery 3-5
Computer equipment2-5
Furniture and fixtures3
Leasehold improvements1-10
Property and equipment, net consisted of the following (in thousands):
December 31,
20232022
Land$36,765 $36,780 
Building146,044 — 
Laboratory equipment and machinery69,238 54,658 
Computer equipment and software16,379 12,565 
Furniture and fixtures10,979 9,642 
Leasehold improvements96,405 91,518 
Construction in progress7,252 152,995 
Total property and equipment383,062 358,158 
Less: accumulated depreciation and amortization(103,491)(68,830)
Property and equipment, net$279,571 $289,328 
Schedule of Intangible Assets Net
Intangible assets, net consisted of the following (dollars in thousands):
December 31, 2023December 31, 2022
Remaining Useful Life in YearsGross
Carrying
Amount		Accumulated
Amortization		Intangibles,
Net		Gross
Carrying
Amount		Accumulated
Amortization		Intangibles,
Net
Technology licenses10.7$22,504 $(6,546)$15,958 $22,504 $(5,043)$17,461 
Developed technologyN/A— — — 5,500 (1,100)4,400 
Customer relationships1.1945 (789)156 945 (563)382 
Assembled workforce2.01,328 (826)502 1,128 (513)615 
Intangible assets, net$24,777 $(8,161)$16,616 $30,077 $(7,219)$22,858 
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
2024$1,865 
20251,704 
20261,509 
20271,473 
20281,473 
Thereafter8,592 
Total$16,616 
Schedule of Accrued Compensation and Related Benefits
Accrued compensation and related benefits were comprised of the following (in thousands):
December 31,
20232022
Accrued payroll and related costs$2,262 $2,052 
Accrued bonus18,254 17,081 
Accrued commissions6,410 5,143 
Accrued acquisition-related compensation— 5,470 
Other3,179 2,929 
Accrued compensation and related benefits$30,105 $32,675 
Schedule of Accrued Expense and Other Current Liabilities
Accrued expenses and other current liabilities were comprised of the following (in thousands):
December 31,
20232022
Accrued purchase consideration$20,000 $— 
Accrued legal and related costs3,839 3,102 
Accrued license fee— 6,231 
Accrued royalties for licensed technologies5,455 4,707 
Accrued property and equipment3,199 26,750 
Accrued professional services6,577 5,180 
Product warranties8,116 3,023 
Taxes payable5,049 4,079 
Other4,413 6,707 
Accrued expenses and other current liabilities$56,648 $59,779 
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,
20232022
Beginning of period$3,023 $994 
Amounts charged to cost of revenue10,701 5,708 
Repairs and replacements(5,608)(3,679)
End of period$8,116 $3,023 
Schedule of Change in Contract Liabilities
A summary of the change in contract liabilities is as follows (in thousands):
Year Ended December 31,
20232022
Beginning of period$11,032 $7,688 
Revenue recognized that was included in the contract liability at the beginning of the year(6,588)(4,793)
Revenue deferred excluding amounts recognized as revenue during the period17,520 8,137 
End of period$21,964 $11,032 
Schedule of Revenue by Source
The following table represents revenue by source for the periods indicated (in thousands). Spatial products include the Company’s Visium and Xenium products:
Year Ended December 31,
202320222021
Instruments
Chromium$47,866 $58,552 $64,171 
Spatial75,605 13,844 303 
Total instruments revenue123,471 72,396 64,474 
Consumables
Chromium420,316 400,433 390,883 
Spatial59,237 35,155 27,857 
Total consumables revenue479,553 435,588 418,740 
Services15,703 8,425 7,276 
Total revenue$618,727 $516,409 $490,490 
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,
202320222021
Americas
United States$360,091 $284,987 $258,274 
Americas (excluding United States)13,101 8,791 6,714 
Total Americas373,192 293,778 264,988 
Europe, Middle East and Africa142,276 117,068 108,491 
Asia-Pacific
China¹50,965 64,356 77,899 
Asia-Pacific (excluding China)52,294 41,207 39,112 
Total Asia-Pacific103,259 105,563 117,011 
Total Revenue$618,727 $516,409 $490,490 
1 Includes Hong Kong effective from the fiscal year of 2023. Comparative periods have been adjusted for this inclusion.