v3.25.4
RELATED PARTY TRANSACTIONS - Related party disclosures by income statement grouping (Details) - USD ($)
$ in Thousands
11 Months Ended 12 Months Ended
Nov. 17, 2025
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Related Party Transaction [Line Items]        
Screening revenue   $ 147,172 $ 125,595 $ 93,105
Operating expenses—Research and development [1]   195,794 322,380 338,745
Operating expenses—General and administrative [2]   159,103 213,862 200,268
Screening revenue        
Related Party Transaction [Line Items]        
Screening revenue [3]   138,601 108,627 74,999
Cost of revenue [4]   73,251 63,284 47,966
Related Party        
Related Party Transaction [Line Items]        
Operating expenses—Research and development   3,306 18,843 19,508
Operating expenses—General and administrative   0 104 206
Related Party | Screening revenue        
Related Party Transaction [Line Items]        
Screening revenue   208 460 652
Cost of revenue   $ 4,617 13,091 8,532
Related Party | Illumina, Inc.        
Related Party Transaction [Line Items]        
Operating expenses—Research and development $ 3,306   18,843 19,508
Operating expenses—General and administrative 0   104 206
Related Party | Illumina, Inc. | Screening revenue        
Related Party Transaction [Line Items]        
Screening revenue 208   460 652
Related Party | Cost of screening revenue | Illumina, Inc.        
Related Party Transaction [Line Items]        
Cost of revenue 4,617   13,091 8,532
Related Party | Cost of development services revenue | Illumina, Inc.        
Related Party Transaction [Line Items]        
Cost of revenue $ 275   $ 637 $ 238
[1] Includes related party research and development expenses of $3,306, $18,843 and $19,508, respectively.
[2] Includes related party general and administrative expenses of nil, $104 and $206, respectively.
[3] Includes related party screening revenue of $208, $460 and $652, respectively.
[4] Includes related party cost of screening revenue of $4,617, $13,091 and $8,532, respectively.