Company: TXG
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001628280-25-050332
Chunk: 15

Company: 10x Genomics, Inc.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 1
Chunk 15
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,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 sales of instruments was $33.0 million, of which approximately $22.1 million is expected to be recognized to revenue in the next 12 months, with the 

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

remainder thereafter. The contract liabilities of $33.0 million and $33.2 million as of September 30, 2025 and December 31, 2024, respectively, consisted of deferred revenue related to extended warranty service agreements.The following revenue recognized for the periods indicated were included in deferred revenue as of December 31, 2024 and 2023, respectively (in thousands):Three Months EndedSeptember 30,Nine Months EndedSeptember 30,2025202420252024Deferred revenue recognized$4,134 $2,713 $15,038 $9,454 The following table represents revenue by source for the periods indicated (in thousands). Chromium products include the Company’s single cell products and spatial products include the Company’s Visium and Xenium products:Three Months EndedSeptember 30,Nine Months EndedSeptember 30,2025202420252024InstrumentsChromium$4,927 $7,641 $16,567 $24,283 Spatial7,072 11,415 24,744 44,078 Total instruments revenue11,999 19,056 41,311 68,361 ConsumablesChromium92,519