v3.24.2
SEGMENT REPORTING
 6 Months Ended
Jun. 30, 2024
Segment Reporting [Abstract]  
SEGMENT REPORTING SEGMENT REPORTING
Operating segments are defined as components of an enterprise for which separate financial information is available that is evaluated regularly by the Company’s Chief Operating Decision Maker (“CODM”), or decision making group, whose function is to allocate resources to and assess the performance of the operating segments. The Company has identified its Chief Executive Officer as the CODM. In determining its reportable segments, the Company considered the markets and types of customers served and the products or services provided in those markets. The Company operates in a single reportable segment.
Revenues by geographic regions are based upon the customers’ ship-to address for product revenue and the region of testing for testing services revenue. The following table summarizes reportable revenues by geographic regions (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2024202320242023
Testing services revenue
United States$70,699 $53,269 $124,349 $114,916 
Rest of World219 145 406 282 
$70,918 $53,414 $124,755 $115,198 
Product revenue
United States$6,575 $4,320 $11,851 $8,047 
Europe2,822 2,532 5,104 4,993 
Rest of World1,213 1,024 2,249 1,697 
$10,610 $7,876 $19,204 $14,737 
Patient and digital solutions revenue
United States$10,694 $8,889 $20,278 $17,395 
Europe39 121 66 205 
Rest of World13 1 20 28 
$10,746 $9,011 $20,364 $17,628 
Total United States$87,968 $66,478 $156,478 $140,358 
Total Europe$2,861 $2,653 $5,170 $5,198 
Total Rest of World$1,445 $1,170 $2,675 $2,007 
Total$92,274 $70,301 $164,323 $147,563 
The following table summarizes long-lived assets, consisting of property and equipment, net, by geographic regions (in thousands):
June 30, 2024December 31, 2023
Long-lived assets:
United States$33,775 $34,714 
Europe384 476 
Rest of World43 56 
Total$34,202 $35,246