Company: TXG
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001628280-25-050332
Chunk: 44

Company: 10x Genomics, Inc.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 8
Chunk 44
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 1,328 (1,080)248 Intangible assets, net$77,416 $(12,657)$64,759 $25,777 $(10,106)$15,671 During the three months ended September 30, 2025, the Company recorded developed technology of $51.6 million and assembled workforce of $0.7 million in connection with the Scale acquisition. Subsequently, the Company recorded an impairment charge of $0.7 million related to the assembled workforce during the same period. The amortization of developed technology is recorded in cost of revenue. See Note 3, Asset Acquisition, for details related to intangibles acquired.

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Table of Contents10x Genomics, Inc.Notes to Unaudited Condensed Consolidated Financial Statements

Compensation and Related BenefitsAccrued compensation and related benefits were comprised of the following (in thousands):September 30,2025December 31,2024Accrued payroll and related costs$6,420 $2,970 Accrued bonus22,495 21,859 Accrued commissions3,779 5,938 Other4,390 2,848 Accrued compensation and related benefits$37,084 $33,615 Accrued Expenses and Other Current LiabilitiesAccrued expenses and other current liabilities were comprised of the following (in thousands):September 30,2025December 31,2024Legal and related costs$3,811 $6,100 Royalties for licensed technologies4,527 7,042 Professional services2,765 5,315 Product warranties6,685 8,615 Taxes payable5,587 4,936 Other12,391 9,157 Accrued expenses and other current liabilities$35,766 $41,165 Product WarrantiesChanges in the reserve for product warranties were as follows (in thousands):Nine Months EndedSeptember 30,20252024Beginning of period$8,615 $8,116 Amounts charged to cost of revenue6,605 4,033 Repairs and replacements(8,535)(3,704)End of period$6,685 $8,445 Revenue and Deferred RevenueAs of September 30, 2025, the aggregate amount of remaining performance obligations related to separately sold extended warranty service agreements or allocated amounts for extended warranty service agreements bundled with