PACIFIC BIOSCIENCES OF CALIFORNIA, INC. - FORM 8-K - EX-99.2

file	filename
8-K - 8-K - PACIFIC BIOSCIENCES OF CALIFORNIA, INC.	pacb-20140430x8k.htm
EX-99.1 - EX-99.1 - PACIFIC BIOSCIENCES OF CALIFORNIA, INC.	pacb-20140430ex991f0cf5e.htm
EX-99.3 - EX-99.3 - PACIFIC BIOSCIENCES OF CALIFORNIA, INC.	pacb-20140430ex9930cb45c.htm

Exhibit 99.2

PACIFIC BIOSCIENCES OF CALIFORNIA, INC.

Condensed Consolidated Statements of Operations and Comprehensive Loss

(Unaudited)



	Three-Month Periods Ended March 31,
(in thousands, except per share amounts)	2014		2013
Revenue:
Product revenue	$	7,865	$	3,833
Service and other revenue		2,081		1,745
Contractual revenue		1,696		—
Total revenue		11,642		5,578
Cost of Revenue:
Cost of product revenue		7,169		3,200
Cost of service and other revenue		1,797		1,448
Total cost of revenue		8,966		4,648
Gross profit		2,676		930
Operating Expense:
Research and development		11,771		11,983
Sales, general and administrative		9,150		9,554
Total operating expense		20,921		21,537
Operating loss		(18,245)		(20,607)
Interest expense		(686)		(426)
Other income (expense), net		45		(71)
Net loss		(18,886)		(21,104)
Other comprehensive income (loss):
Unrealized gain (loss) on investments		4		(19)
Comprehensive loss	$	(18,882)	$	(21,123)
Net loss per share:
Basic and diluted net loss per share	$	(0.28)	$	(0.37)
Shares used in computing basic and diluted net loss per share		67,861		57,372

PACIFIC BIOSCIENCES OF CALIFORNIA, INC. - FORM 8-K - EX-99.2 - April 30, 2014