Company: TXG
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001628280-25-050332
Chunk: 43

Company: 10x Genomics, Inc.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 8
Chunk 43
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 The Company recognizes an allowance for credit losses, up to the amount of the unrealized loss when appropriate, and writes down the amortized cost basis of the investment if it is more likely than not that the Company will be required or will intend to sell the investment before recovery of its amortized cost basis. Allowances for credit losses and write-downs are recognized in “Other income (expense), net,” and unrealized losses not related to credit losses are recognized in “Accumulated other comprehensive income (loss).” There are no allowances for credit losses for the periods presented.InventoryInventory was comprised of the following (in thousands):September 30,2025December 31,2024Purchased materials$18,934 $38,930 Work in progress23,990 27,441 Finished goods19,032 16,736 Inventory$61,956 $83,107 

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

Property and Equipment, NetProperty and equipment, net consisted of the following (in thousands): September 30,2025December 31,2024Land$36,765 $36,765 Building147,493 147,094 Laboratory equipment and machinery 77,145 72,498 Computer equipment and software15,195 14,953 Furniture and fixtures9,848 9,586 Leasehold improvements89,370 89,567 Construction in progress2,527 5,152 Total property and equipment378,343 375,615 Less: accumulated depreciation and amortization (145,809)(122,967)Property and equipment, net$232,534 $252,648 Intangible Assets, NetSeptember 30, 2025December 31, 2024Remaining Useful Life in YearsGrossCarryingAmountAccumulatedAmortizationIntangibles,NetGrossCarryingAmountAccumulatedAmortizationIntangibles,NetTechnology licenses9.0$22,504 $(9,124)$13,380 $22,504 $(8,016)$14,488 Developed technology6.352,639 (1,326)51,313 1,000 (92)908 Customer relationships0.2945 (940)5 945 (918)27 Assembled workforce0.71,328 (1,267)61