Attached files
| file | filename |
|---|---|
| 8-K - 8-K - PACIFIC BIOSCIENCES OF CALIFORNIA, INC. | pacb-20141023x8k.htm |
| EX-99.3 - EX-99.3 - PACIFIC BIOSCIENCES OF CALIFORNIA, INC. | pacb-20141023ex993a3ec47.htm |
| EX-99.1 - EX-99.1 - PACIFIC BIOSCIENCES OF CALIFORNIA, INC. | pacb-20141023ex9917efb7a.htm |
Exhibit 99.2
PACIFIC BIOSCIENCES OF CALIFORNIA, INC.
Condensed Consolidated Statements of Operations and Comprehensive Loss
(Unaudited)
|
Three-Month Periods Ended |
Nine-Month Periods Ended |
|||||||||||
|
September 30, |
September 30, |
|||||||||||
|
(in thousands, except per share amounts) |
2014 |
2013 |
2014 |
2013 |
||||||||
|
Revenue: |
||||||||||||
|
Product revenue |
$ |
6,762 |
$ |
5,814 |
$ |
22,376 |
$ |
14,248 | ||||
|
Service and other revenue |
2,165 | 1,607 | 6,226 | 4,800 | ||||||||
|
Contractual revenue |
11,696 |
— |
15,088 |
— |
||||||||
|
Total revenue |
20,623 | 7,421 | 43,690 | 19,048 | ||||||||
|
Cost of Revenue: |
||||||||||||
|
Cost of product revenue |
5,608 | 4,616 | 19,048 | 11,138 | ||||||||
|
Cost of service and other revenue |
1,853 | 1,564 | 5,678 | 4,680 | ||||||||
|
Total cost of revenue |
7,461 | 6,180 | 24,726 | 15,818 | ||||||||
|
Gross profit |
13,162 | 1,241 | 18,964 | 3,230 | ||||||||
|
Operating Expense: |
||||||||||||
|
Research and development |
11,693 | 10,419 | 35,899 | 34,084 | ||||||||
|
Sales, general and administrative |
9,882 | 10,757 | 28,025 | 29,685 | ||||||||
|
Total operating expense |
21,575 | 21,176 | 63,924 | 63,769 | ||||||||
|
Operating loss |
(8,413) | (19,935) | (44,960) | (60,539) | ||||||||
|
Interest expense |
(716) | (686) | (2,103) | (1,785) | ||||||||
|
Other income (expense), net |
(34) | 134 | (122) | 262 | ||||||||
|
Net loss |
(9,163) | (20,487) | (47,185) | (62,062) | ||||||||
|
Other comprehensive income (loss): |
||||||||||||
|
Unrealized gain (loss) on investments |
(19) | 13 | 9 | (19) | ||||||||
|
Comprehensive loss |
$ |
(9,182) |
$ |
(20,474) |
$ |
(47,176) |
$ |
(62,081) | ||||
|
Net loss per share: |
||||||||||||
|
Basic and diluted net loss per share |
$ |
(0.13) |
$ |
(0.31) |
$ |
(0.68) |
$ |
(1.01) | ||||
|
Shares used in computing basic and diluted net loss per share |
|
|
70,740 |
|
|
65,523 |
|
|
69,716 |
|
|
61,636 |