2023 Q3 Form 10-Q Financial Statement

#000129913023000098 Filed on August 04, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q2 2022 Q2
Revenue $55.69M $47.57M $35.47M
YoY Change 72.36% 34.13% 15.87%
Cost Of Revenue $37.79M $32.03M $19.27M
YoY Change 101.39% 66.17% 14.34%
Gross Profit $17.90M $15.55M $16.19M
YoY Change 32.15% -4.0% 17.74%
Gross Profit Margin 32.15% 32.68% 45.66%
Selling, General & Admin $43.43M $40.57M $39.25M
YoY Change 18.04% 3.37% 35.07%
% of Gross Profit 242.6% 260.99% 242.4%
Research & Development $47.51M $46.17M $50.35M
YoY Change 0.9% -8.29% 126.12%
% of Gross Profit 265.41% 297.01% 310.92%
Depreciation & Amortization $3.850M $3.061M $2.551M
YoY Change 49.51% 19.99% 60.64%
% of Gross Profit 21.51% 19.69% 15.75%
Operating Expenses $100.4M $88.72M $84.16M
YoY Change 13.87% 5.42% 63.98%
Operating Profit -$82.49M -$73.18M -$67.97M
YoY Change 10.55% 7.66% 80.9%
Interest Expense $3.588M -$3.554M $3.681M
YoY Change -2.07% -196.55% 2.56%
% of Operating Profit
Other Income/Expense, Net $8.505M $8.929M $256.0K
YoY Change 547.75% 3387.89% 59.01%
Pretax Income -$77.58M -$69.83M -$71.39M
YoY Change 0.78% -2.19% 74.13%
Income Tax -$10.71M $0.00 $0.00
% Of Pretax Income
Net Earnings -$66.87M -$69.83M -$71.39M
YoY Change -13.12% -2.19% 74.13%
Net Earnings / Revenue -120.07% -146.79% -201.3%
Basic Earnings Per Share -$0.26 -$0.28 -$0.32
Diluted Earnings Per Share -$0.26 -$0.28 -$0.32
COMMON SHARES
Basic Shares Outstanding 250.6M shares 249.9M shares 224.5M
Diluted Shares Outstanding 255.0M shares 250.1M shares 224.5M

Balance Sheet

Concept 2023 Q3 2023 Q2 2022 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $767.8M $829.9M $997.6M
YoY Change -21.23% -16.82% -3.53%
Cash & Equivalents $385.6M $209.3M $310.4M
Short-Term Investments $382.1M $620.6M $687.2M
Other Short-Term Assets $15.80M $14.05M $7.957M
YoY Change 18.75% 76.55% 16.3%
Inventory $68.26M $67.61M $36.12M
Prepaid Expenses
Receivables $30.49M $24.03M $27.06M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $882.3M $935.6M $970.3M
YoY Change -3.46% -3.58% -18.4%
LONG-TERM ASSETS
Property, Plant & Equipment $40.34M $76.76M $37.96M
YoY Change 3.03% 102.23% 51.83%
Goodwill $463.8M $410.0M $410.0M
YoY Change 13.13% 0.0%
Intangibles $461.8M $409.8M $410.5M
YoY Change 12.56% -0.18%
Long-Term Investments
YoY Change
Other Assets $13.00M $15.57M $1.205M
YoY Change 1005.78% 1191.7% 1753.85%
Total Long-Term Assets $1.016B $912.1M $905.9M
YoY Change 12.26% 0.69% 1499.18%
TOTAL ASSETS
Total Short-Term Assets $882.3M $935.6M $970.3M
Total Long-Term Assets $1.016B $912.1M $905.9M
Total Assets $1.898B $1.848B $1.876B
YoY Change 4.37% -1.52% 50.6%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $16.11M $16.51M $12.88M
YoY Change 25.31% 28.17% 170.59%
Accrued Expenses $34.66M $36.25M $25.17M
YoY Change 39.28% 44.01% 9.9%
Deferred Revenue $22.40M $25.00M $32.08M
YoY Change -27.01% -22.08% 236.52%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $900.0K $1.400M
YoY Change
Total Short-Term Liabilities $184.0M $271.4M $84.40M
YoY Change 125.31% 221.59% 85.76%
LONG-TERM LIABILITIES
Long-Term Debt $892.0M $891.8M $896.4M
YoY Change -0.51% -0.51% 0.07%
Other Long-Term Liabilities $1.051M $42.43M $2.946M
YoY Change -40.25% 1340.19% 291.76%
Total Long-Term Liabilities $1.051M $934.2M $2.946M
YoY Change -40.25% 31611.58% 291.76%
TOTAL LIABILITIES
Total Short-Term Liabilities $184.0M $271.4M $84.40M
Total Long-Term Liabilities $1.051M $934.2M $2.946M
Total Liabilities $1.135B $1.206B $1.194B
YoY Change -4.84% 0.95% 20.93%
SHAREHOLDERS EQUITY
Retained Earnings -$1.757B -$1.690B -$1.371B
YoY Change 21.35% 23.28% 17.65%
Common Stock $258.0K $250.0K $225.0K
YoY Change 14.16% 11.11% 13.07%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $763.7M $642.0M $681.9M
YoY Change
Total Liabilities & Shareholders Equity $1.898B $1.848B $1.876B
YoY Change 4.37% -1.52% 50.6%

Cashflow Statement

Concept 2023 Q3 2023 Q2 2022 Q2
OPERATING ACTIVITIES
Net Income -$66.87M -$69.83M -$71.39M
YoY Change -13.12% -2.19% 74.13%
Depreciation, Depletion And Amortization $3.850M $3.061M $2.551M
YoY Change 49.51% 19.99% 60.64%
Cash From Operating Activities -$65.18M -$41.74M -$60.56M
YoY Change 3.37% -31.08% 285.36%
INVESTING ACTIVITIES
Capital Expenditures $830.0K $2.268M -$4.019M
YoY Change -119.81% -156.43% 155.99%
Acquisitions
YoY Change
Other Investing Activities $243.2M -$96.32M -$56.26M
YoY Change 318.54% 71.2% -87.75%
Cash From Investing Activities $242.3M -$98.59M -$60.28M
YoY Change 349.51% 63.55% -86.92%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -780.0K -4.715M 455.0K
YoY Change -124.9% -1136.26% -84.21%
NET CHANGE
Cash From Operating Activities -65.18M -41.74M -60.56M
Cash From Investing Activities 242.3M -98.59M -60.28M
Cash From Financing Activities -780.0K -4.715M 455.0K
Net Change In Cash 176.4M -145.0M -120.4M
YoY Change -3033.47% 20.48% -74.58%
FREE CASH FLOW
Cash From Operating Activities -$65.18M -$41.74M -$60.56M
Capital Expenditures $830.0K $2.268M -$4.019M
Free Cash Flow -$66.01M -$44.01M -$56.54M
YoY Change 12.14% -22.17% 299.72%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
pacb Standard Product Warranty Period
StandardProductWarrantyPeriod
P1Y
us-gaap Cost Of Revenue
CostOfRevenue
61166000 usd
us-gaap Cost Of Revenue
CostOfRevenue
38292000 usd
us-gaap Gross Profit
GrossProfit
25307000 usd
us-gaap Gross Profit
GrossProfit
30348000 usd
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
95112000 usd
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
103285000 usd
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
80391000 usd
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
79056000 usd
CY2023Q2 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
1975000 usd
CY2022Q2 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
-5438000 usd
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
14231000 usd
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
-6501000 usd
CY2023Q2 us-gaap Operating Expenses
OperatingExpenses
88721000 usd
CY2022Q2 us-gaap Operating Expenses
OperatingExpenses
84162000 usd
us-gaap Operating Expenses
OperatingExpenses
189734000 usd
us-gaap Operating Expenses
OperatingExpenses
175840000 usd
CY2023Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-73175000 usd
CY2022Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-67969000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-164427000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-145492000 usd
CY2023Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-2033000 usd
CY2022Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-2033000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
CY2023Q2 us-gaap Interest Expense
InterestExpense
3554000 usd
CY2022Q2 us-gaap Interest Expense
InterestExpense
3681000 usd
us-gaap Interest Expense
InterestExpense
7184000 usd
us-gaap Interest Expense
InterestExpense
7378000 usd
CY2023Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
8929000 usd
CY2022Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
256000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
15796000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-23000 usd
CY2023Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-69833000 usd
CY2022Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-71394000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-157848000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-152893000 usd
CY2023Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 usd
CY2022Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
-69833000 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
-71394000 usd
us-gaap Net Income Loss
NetIncomeLoss
-157848000 usd
us-gaap Net Income Loss
NetIncomeLoss
-152893000 usd
CY2023Q2 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
-762000 usd
CY2022Q2 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
-1372000 usd
us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
2079000 usd
us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
-4370000 usd
CY2023Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-70595000 usd
CY2022Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-72766000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-155769000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-157263000 usd
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.28
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.32
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.64
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.28
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.32
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
250070000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
223400000 shares
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
692117000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
-69833000 usd
CY2023Q2 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
-762000 usd
CY2023Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
17891000 usd
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
641999000 usd
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
734578000 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
-71394000 usd
CY2022Q2 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
-1372000 usd
CY2022Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
848000 usd
CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
19226000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
562904000 usd
us-gaap Net Income Loss
NetIncomeLoss
-157848000 usd
us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
2079000 usd
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
189200000 usd
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
9821000 usd
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
35843000 usd
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
641999000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
790987000 usd
us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
-4370000 usd
us-gaap Net Income Loss
NetIncomeLoss
-157848000 usd
us-gaap Net Income Loss
NetIncomeLoss
-152893000 usd
us-gaap Depreciation
Depreciation
5584000 usd
us-gaap Depreciation
Depreciation
4591000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
466000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
456000 usd
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
3330000 usd
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
3412000 usd
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
324000 usd
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
319000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
35843000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
41722000 usd
us-gaap Investment Income Net Amortization Of Discount And Premium
InvestmentIncomeNetAmortizationOfDiscountAndPremium
6113000 usd
us-gaap Investment Income Net Amortization Of Discount And Premium
InvestmentIncomeNetAmortizationOfDiscountAndPremium
-1143000 usd
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
-6501000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-2033000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
us-gaap Inventory Write Down
InventoryWriteDown
4295000 usd
us-gaap Inventory Write Down
InventoryWriteDown
1789000 usd
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-45000 usd
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-77000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
5248000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
2817000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
19703000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
14955000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
6085000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
340000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
4262000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
1331000 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-5956000 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-11357000 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-2317000 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-2115000 usd
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-4114000 usd
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-3833000 usd
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
539000 usd
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
379000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-136432000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-139592000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
5989000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
7657000 usd
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
476879000 usd
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
241086000 usd
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
595000 usd
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
0 usd
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
311129000 usd
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
230515000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-171144000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-18228000 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
189200000 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 usd
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
9821000 usd
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
6440000 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
6836000 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 usd
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
911000 usd
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
770000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
191274000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
5670000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-116302000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-152150000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
328311000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
465817000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
212009000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
313667000 usd
CY2023Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
209287000 usd
CY2022Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
310445000 usd
CY2023Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
2722000 usd
CY2022Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
3222000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
212009000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
313667000 usd
us-gaap Use Of Estimates
UseOfEstimates
The preparation of financial statements in conformity with GAAP requires us to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes to the financial statements. On an ongoing basis, we evaluate our significant estimates including, but not limited to, the valuation of inventory, the determination of stand-alone selling prices for revenue recognition, the fair value of contingent consideration, the valuation of acquired intangible assets, the fair value of certain equity awards, the useful lives assigned to long-lived assets, the computation of provisions for income taxes, the borrowing rate used in calculating the operating lease right-of-use assets and operating lease liabilities, the probability associated with variable payments under partnership development agreements, and the valuations related to our convertible senior notes. While the extent of the potential impact of the current macroeconomic conditions on our business is highly uncertain, we considered information available related to assumptions and estimates used to determine the results reported and asset valuations as of June 30, 2023. Actual results could differ materially from these estimates.
CY2023Q2 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
209287000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
325089000 usd
CY2023Q2 us-gaap Restricted Cash Current
RestrictedCashCurrent
300000 usd
CY2022Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
300000 usd
CY2023Q2 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
2422000 usd
CY2022Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
2922000 usd
CY2023Q2 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
832584000 usd
CY2022Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
775540000 usd
CY2023Q2 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
186325000 usd
CY2022Q4 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
172094000 usd
CY2023Q2 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
186325000 usd
CY2022Q4 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
172094000 usd
CY2022Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
172094000 usd
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
14231000 usd
CY2023Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
186325000 usd
CY2023Q2 us-gaap Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLoss
832548000 usd
CY2023Q2 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
80000 usd
CY2023Q2 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
2766000 usd
CY2023Q2 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
829862000 usd
CY2023Q2 us-gaap Restricted Cash Current
RestrictedCashCurrent
300000 usd
CY2023Q2 us-gaap Restricted Cash Current
RestrictedCashCurrent
300000 usd
CY2023Q2 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
2422000 usd
CY2023Q2 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
2422000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLoss
777083000 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
16000 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
4781000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
772318000 usd
CY2022Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
300000 usd
CY2022Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
300000 usd
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
2922000 usd
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
2922000 usd
CY2023Q2 us-gaap Available For Sale Securities Debt Maturities Next Rolling Twelve Months Fair Value
AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue
652574000 usd
CY2023Q2 us-gaap Available For Sale Securities Debt Maturities Rolling Year Two Through Five Fair Value
AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue
83386000 usd
CY2023Q2 us-gaap Available For Sale Securities Debt Maturities Single Maturity Date
AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDate
735960000 usd
CY2023Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
25225000 usd
CY2022Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
24139000 usd
CY2023Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
22598000 usd
CY2022Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
14062000 usd
CY2023Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
19785000 usd
CY2022Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
12180000 usd
CY2023Q2 us-gaap Inventory Net
InventoryNet
67608000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
50381000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
11539000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1760000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
9779000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
11539000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1294000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
10245000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
387000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
745000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
745000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
745000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
746000 usd
CY2023Q2 pacb Finite Lived Intangible Asset Expected Amortization After Year Four
FiniteLivedIntangibleAssetExpectedAmortizationAfterYearFour
6411000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
9779000 usd
CY2023Q2 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2023Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
30000000 usd
CY2023Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
25000000 usd
CY2023Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
5000000 usd
CY2023Q2 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
5000000 usd
CY2023Q2 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P6Y
CY2023Q2 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
4500000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
8000000 usd
CY2023Q1 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
1624000 usd
CY2022Q1 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
1174000 usd
CY2022Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
1651000 usd
CY2021Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
594000 usd
CY2023Q2 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
2247000 usd
CY2022Q2 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
912000 usd
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
2851000 usd
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
1865000 usd
CY2023Q2 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
1009000 usd
CY2022Q2 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
477000 usd
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
1640000 usd
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
850000 usd
CY2023Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
2862000 usd
CY2022Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
1609000 usd
CY2023Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
2862000 usd
CY2022Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
1609000 usd
us-gaap Loss Contingency Disclosures
LossContingencyDisclosures
COMMITMENTS AND CONTINGENCIES <div style="margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company has entered into various operating lease agreements, primarily relating to our corporate offices. See </span><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Note 8 – Commitments and Contingencies</span><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">, subsection titled “Leases”, in Part II, Item 8 of the Annual Report on Form 10-K for the year ended December 31, 2022 for information regarding the Company’s maturity of lease liabilities under its lease agreements.</span></div><div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Contingencies </span></div><div style="margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We may become involved in legal proceedings, claims and assessments from time to time in the ordinary course of business. We accrue liabilities for such matters when it is probable that future expenditures will be made and such expenditures can be reasonably estimated.</span></div><div style="margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We do not believe that the ultimate outcome of any such pending matters is probable or reasonably estimable, or that these matters will have a material adverse effect on our business; however, the results of litigation and claims are inherently unpredictable. Regardless of the outcome, litigation can have an adverse impact on us because of litigation and settlement costs, diversion of management resources, and other factors.</span></div><div style="margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Please see subsection titled </span><span style="color:#0000ff;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline"><a href="#ief1318ee9ee24960a22a8148d35dc3c7_97" style="color:#0000ff;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">Legal Proceedings, in Part II, Item 1</a></span><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> of this Quarterly Report on Form 10-Q.</span></div><div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Indemnification</span></div><div style="margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Pursuant to Delaware law and agreements entered into with each of our directors and officers, we may have obligations, under certain circumstances, to hold harmless and indemnify each of our directors and officers against losses suffered or incurred by the indemnified party in connection with their service to us, and judgements, fines, settlements and expenses related to claims arising against such directors and officers to the fullest extent permitted under Delaware law, our bylaws and our certificate of incorporation. We also enter and have entered into indemnification agreements with our directors and officers that may require us to indemnify them against liabilities that arise by reason of their status or service as directors or officers, except as prohibited by applicable law. In addition, we may have obligations to hold harmless and indemnify third parties involved with our fundraising efforts and their respective affiliates, directors, officers, employees, agents or other representatives against any and all losses, claims, damages and liabilities related to claims arising against such parties pursuant to the terms of agreements entered into between such third parties and us in connection with such fundraising efforts. To the extent that any such indemnification obligations apply to the lawsuits described above, any associated expenses incurred are included within the related accrued litigation expense amounts. No additional liability associated with such indemnification obligations has been recorded as of June 30, 2023 and December 31, 2022.</span></div>
CY2023Q1 pacb Public Offering Shares
PublicOfferingShares
17500000 shares
CY2023Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2023Q1 pacb Offering Share Amount Maximum
OfferingShareAmountMaximum
10.00
CY2023Q1 pacb Public Offering Option To Purchase Additional Shares Period
PublicOfferingOptionToPurchaseAdditionalSharesPeriod
P30D
CY2023Q1 pacb Public Offering Option To Purchase Additional Shares Shares
PublicOfferingOptionToPurchaseAdditionalSharesShares
2600000 shares
CY2023Q1 pacb Percentage Commission Of Gross Proceeds On Sale Of Common Stock Under At Market Offering
PercentageCommissionOfGrossProceedsOnSaleOfCommonStockUnderAtMarketOffering
0.0575
CY2023Q1 pacb Proceeds From Issuance Of Common Stock Net Of Issuance Costs
ProceedsFromIssuanceOfCommonStockNetOfIssuanceCosts
189700000 usd
CY2023Q1 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
500000 usd
CY2023Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
17891000 usd
CY2022Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
19019000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
35843000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
41722000 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
-69833000 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
-71394000 usd
us-gaap Net Income Loss
NetIncomeLoss
-157848000 usd
us-gaap Net Income Loss
NetIncomeLoss
-152893000 usd
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
250070000 shares
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
224499000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
246074000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
223400000 shares
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.28
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.32
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.64
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.68
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
250070000 shares
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
224499000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
246074000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
223400000 shares
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.28
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.32
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.64
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.68
CY2023Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
47573000 usd
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
35467000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
86473000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
68640000 usd
CY2023Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
47573000 usd
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
35467000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
86473000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
68640000 usd
CY2023Q2 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2023Q2 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2023Q2 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false

Files In Submission

Name View Source Status
0001299130-23-000098-index-headers.html Edgar Link pending
0001299130-23-000098-index.html Edgar Link pending
0001299130-23-000098.txt Edgar Link pending
0001299130-23-000098-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
pacb-20230630.htm Edgar Link pending
pacb-20230630.xsd Edgar Link pending
pacb-20230630x10qxexx311.htm Edgar Link pending
pacb-20230630x10qxexx312.htm Edgar Link pending
pacb-20230630x10qxexx321.htm Edgar Link pending
pacb-20230630x10qxexx322.htm Edgar Link pending
pacb-20230630_g1.jpg Edgar Link pending
pacb-ex41x2021indenture.htm Edgar Link pending
pacb-20230630_cal.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
pacb-20230630_def.xml Edgar Link unprocessable
pacb-20230630_lab.xml Edgar Link unprocessable
pacb-20230630_pre.xml Edgar Link unprocessable
pacb-20230630_htm.xml Edgar Link completed
pacb-ex41x2021indenture001.jpg Edgar Link pending
pacb-ex41x2021indenture002.jpg Edgar Link pending
pacb-ex41x2021indenture003.jpg Edgar Link pending
pacb-ex41x2021indenture004.jpg Edgar Link pending
pacb-ex41x2021indenture005.jpg Edgar Link pending
pacb-ex41x2021indenture006.jpg Edgar Link pending
pacb-ex41x2021indenture007.jpg Edgar Link pending
pacb-ex41x2021indenture008.jpg Edgar Link pending
pacb-ex41x2021indenture009.jpg Edgar Link pending
pacb-ex41x2021indenture010.jpg Edgar Link pending
pacb-ex41x2021indenture011.jpg Edgar Link pending
pacb-ex41x2021indenture012.jpg Edgar Link pending
pacb-ex41x2021indenture013.jpg Edgar Link pending
pacb-ex41x2021indenture014.jpg Edgar Link pending
pacb-ex41x2021indenture015.jpg Edgar Link pending
pacb-ex41x2021indenture016.jpg Edgar Link pending
pacb-ex41x2021indenture017.jpg Edgar Link pending
pacb-ex41x2021indenture018.jpg Edgar Link pending
pacb-ex41x2021indenture019.jpg Edgar Link pending
pacb-ex41x2021indenture020.jpg Edgar Link pending
pacb-ex41x2021indenture021.jpg Edgar Link pending
pacb-ex41x2021indenture022.jpg Edgar Link pending
pacb-ex41x2021indenture023.jpg Edgar Link pending
pacb-ex41x2021indenture024.jpg Edgar Link pending
pacb-ex41x2021indenture025.jpg Edgar Link pending
pacb-ex41x2021indenture026.jpg Edgar Link pending
pacb-ex41x2021indenture027.jpg Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending