$PSNL
Personalis, Inc.

2024 Q3 Form 10-Q Financial Statement

#000095017024092883 Filed on August 07, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2
Revenue $25.71M $22.58M
YoY Change 40.89% 35.22%
Cost Of Revenue $16.96M $14.54M
YoY Change 14.89% 22.14%
Gross Profit $8.745M $8.037M
YoY Change 151.22% 67.72%
Gross Profit Margin 34.02% 35.59%
Selling, General & Admin $11.44M $11.97M
YoY Change -4.4% -1.33%
% of Gross Profit 130.86% 148.97%
Research & Development $11.68M $12.96M
YoY Change -30.2% -27.42%
% of Gross Profit 133.6% 161.22%
Depreciation & Amortization $2.800M $2.800M
YoY Change 0.0% 0.0%
% of Gross Profit 32.02% 34.84%
Operating Expenses $23.13M $24.93M
YoY Change -19.44% -16.86%
Operating Profit -$14.38M -$16.89M
YoY Change -53.29% -33.35%
Interest Expense $7.000K $9.000K
YoY Change -53.33% -76.92%
% of Operating Profit
Other Income/Expense, Net -$26.08M $2.968M
YoY Change -81603.13% 296700.0%
Pretax Income -$39.09M -$12.80M
YoY Change 34.45% -46.49%
Income Tax $3.000K $4.000K
% Of Pretax Income
Net Earnings -$39.09M -$12.80M
YoY Change 34.34% -46.56%
Net Earnings / Revenue -152.04% -56.7%
Basic Earnings Per Share -$0.64 -$0.24
Diluted Earnings Per Share -$0.64 -$0.24
COMMON SHARES
Basic Shares Outstanding 53.07M 51.94M
Diluted Shares Outstanding 61.05M 52.39M

Balance Sheet

Concept 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $143.7M $86.97M
YoY Change 19.01% -36.61%
Cash & Equivalents $75.80M $47.75M
Short-Term Investments $67.85M $39.23M
Other Short-Term Assets $4.663M $4.046M
YoY Change -18.19% -26.11%
Inventory $8.489M $9.164M
Prepaid Expenses
Receivables $13.47M $12.92M
Other Receivables $0.00 $0.00
Total Short-Term Assets $170.3M $113.1M
YoY Change 14.89% -29.73%
LONG-TERM ASSETS
Property, Plant & Equipment $50.23M $52.66M
YoY Change -11.49% -11.47%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $2.563M $2.571M
YoY Change -26.83% -34.7%
Total Long-Term Assets $69.61M $72.40M
YoY Change -11.24% -17.81%
TOTAL ASSETS
Total Short-Term Assets $170.3M $113.1M
Total Long-Term Assets $69.61M $72.40M
Total Assets $239.9M $185.5M
YoY Change 5.85% -25.51%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $12.45M $9.936M
YoY Change 38.9% 12.31%
Accrued Expenses $1.471M $2.406M
YoY Change -25.52% 204.94%
Deferred Revenue $3.428M $4.174M
YoY Change -7.2% 25.08%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $1.234M $1.561M
YoY Change 208.5% 263.02%
Total Short-Term Liabilities $36.41M $34.13M
YoY Change 12.12% 19.38%
LONG-TERM LIABILITIES
Long-Term Debt $411.0K $720.0K
YoY Change 82.28%
Other Long-Term Liabilities $1.112M $1.060M
YoY Change -70.63% -73.72%
Total Long-Term Liabilities $1.112M $1.060M
YoY Change -70.63% -73.72%
TOTAL LIABILITIES
Total Short-Term Liabilities $36.41M $34.13M
Total Long-Term Liabilities $1.112M $1.060M
Total Liabilities $73.13M $73.23M
YoY Change -3.05% 0.38%
SHAREHOLDERS EQUITY
Retained Earnings -$533.6M -$494.5M
YoY Change 20.68% 19.72%
Common Stock $700.2M $606.9M
YoY Change 17.96% 2.96%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $166.8M $112.3M
YoY Change
Total Liabilities & Shareholders Equity $239.9M $185.5M
YoY Change 5.85% -25.51%

Cashflow Statement

Concept 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income -$39.09M -$12.80M
YoY Change 34.34% -46.56%
Depreciation, Depletion And Amortization $2.800M $2.800M
YoY Change 0.0% 0.0%
Cash From Operating Activities -$6.198M -$10.74M
YoY Change -62.84% 3.16%
INVESTING ACTIVITIES
Capital Expenditures $247.0K $6.000K
YoY Change -71.61% -99.78%
Acquisitions
YoY Change
Other Investing Activities -$27.93M $13.00M
YoY Change 260.89% -41.68%
Cash From Investing Activities -$28.18M $12.99M
YoY Change 227.67% -33.54%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 62.43M 1.516M
YoY Change 21426.21% 63.89%
NET CHANGE
Cash From Operating Activities -6.198M -10.74M
Cash From Investing Activities -28.18M 12.99M
Cash From Financing Activities 62.43M 1.516M
Net Change In Cash 28.05M 3.766M
YoY Change -212.24% -62.56%
FREE CASH FLOW
Cash From Operating Activities -$6.198M -$10.74M
Capital Expenditures $247.0K $6.000K
Free Cash Flow -$6.445M -$10.75M
YoY Change -63.28% -18.29%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Entity Central Index Key
EntityCentralIndexKey
0001527753
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Amendment Flag
AmendmentFlag
false
CY2024Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2023Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2024Q2 us-gaap Operating Lease Liability Current Statement Of Financial Position Extensible List
OperatingLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2024#AccountsPayableCurrent
CY2023Q4 us-gaap Operating Lease Liability Current Statement Of Financial Position Extensible List
OperatingLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2024#AccountsPayableCurrent
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2024-06-30
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2024
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
001-38943
dei Entity Registrant Name
EntityRegistrantName
Personalis, Inc.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
27-5411038
dei Entity Address Address Line1
EntityAddressAddressLine1
6600 Dumbarton Circle
dei Entity Address City Or Town
EntityAddressCityOrTown
Fremont
dei Entity Address State Or Province
EntityAddressStateOrProvince
CA
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
94555
dei City Area Code
CityAreaCode
650
dei Local Phone Number
LocalPhoneNumber
752-1300
dei Security12b Title
Security12bTitle
Common Stock, par value $0.0001
dei Trading Symbol
TradingSymbol
PSNL
dei Security Exchange Name
SecurityExchangeName
NASDAQ
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
dei Entity Small Business
EntitySmallBusiness
true
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2024Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
53074698
CY2024Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
47747000
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
56984000
CY2024Q2 us-gaap Short Term Investments
ShortTermInvestments
39225000
CY2023Q4 us-gaap Short Term Investments
ShortTermInvestments
57195000
CY2024Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
12921000
CY2023Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
17730000
CY2024Q2 psnl Inventory And Other Deferred Costs
InventoryAndOtherDeferredCosts
9164000
CY2023Q4 psnl Inventory And Other Deferred Costs
InventoryAndOtherDeferredCosts
10474000
CY2024Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
4046000
CY2023Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
4361000
CY2024Q2 us-gaap Assets Current
AssetsCurrent
113103000
CY2023Q4 us-gaap Assets Current
AssetsCurrent
146744000
CY2024Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
52662000
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
57366000
CY2024Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
17166000
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
17852000
CY2024Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
2571000
CY2023Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
3137000
CY2024Q2 us-gaap Assets
Assets
185502000
CY2023Q4 us-gaap Assets
Assets
225099000
CY2024Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
9936000
CY2023Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
14920000
CY2024Q2 psnl Accrued Liabilities And Other Liabilities Current
AccruedLiabilitiesAndOtherLiabilitiesCurrent
19248000
CY2023Q4 psnl Accrued Liabilities And Other Liabilities Current
AccruedLiabilitiesAndOtherLiabilitiesCurrent
23941000
CY2024Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
4174000
CY2023Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
3288000
CY2024Q2 psnl Warrant Liability Current
WarrantLiabilityCurrent
775000
CY2023Q4 psnl Warrant Liability Current
WarrantLiabilityCurrent
5085000
CY2024Q2 us-gaap Liabilities Current
LiabilitiesCurrent
34133000
CY2023Q4 us-gaap Liabilities Current
LiabilitiesCurrent
47234000
CY2024Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
36524000
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
38321000
CY2024Q2 psnl Warrant Liability Noncurrent
WarrantLiabilityNoncurrent
1513000
CY2023Q4 psnl Warrant Liability Noncurrent
WarrantLiabilityNoncurrent
4942000
CY2024Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1060000
CY2023Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
5161000
CY2024Q2 us-gaap Liabilities
Liabilities
73230000
CY2023Q4 us-gaap Liabilities
Liabilities
95658000
CY2024Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2023Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2024Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000
CY2023Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000
CY2024Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2023Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2024Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2024Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000
CY2024Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
53052847
CY2024Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
53052847
CY2023Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
50480694
CY2023Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
50480694
CY2024Q2 us-gaap Common Stock Value Outstanding
CommonStockValueOutstanding
5000
CY2023Q4 us-gaap Common Stock Value Outstanding
CommonStockValueOutstanding
5000
CY2024Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
606863000
CY2023Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
598364000
CY2024Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-120000
CY2023Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-222000
CY2024Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-494476000
CY2023Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-468706000
CY2024Q2 us-gaap Stockholders Equity
StockholdersEquity
112272000
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
129441000
CY2024Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
185502000
CY2023Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
225099000
CY2024Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
22580000
CY2023Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
16699000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
42105000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
35559000
CY2024Q2 us-gaap Cost Of Revenue
CostOfRevenue
14543000
CY2023Q2 us-gaap Cost Of Revenue
CostOfRevenue
11907000
us-gaap Cost Of Revenue
CostOfRevenue
28575000
us-gaap Cost Of Revenue
CostOfRevenue
26037000
CY2024Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
12957000
CY2023Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
17852000
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
25728000
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
34425000
CY2024Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
11973000
CY2023Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
12134000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
23575000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
26231000
CY2023Q2 us-gaap Restructuring Charges
RestructuringCharges
152000
us-gaap Restructuring Charges
RestructuringCharges
4037000
CY2024Q2 us-gaap Costs And Expenses
CostsAndExpenses
39473000
CY2023Q2 us-gaap Costs And Expenses
CostsAndExpenses
42045000
us-gaap Costs And Expenses
CostsAndExpenses
77878000
us-gaap Costs And Expenses
CostsAndExpenses
90730000
CY2024Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-16893000
CY2023Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-25346000
us-gaap Operating Income Loss
OperatingIncomeLoss
-35773000
us-gaap Operating Income Loss
OperatingIncomeLoss
-55171000
CY2024Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
1136000
CY2023Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
1465000
us-gaap Investment Income Interest
InvestmentIncomeInterest
2495000
us-gaap Investment Income Interest
InvestmentIncomeInterest
2718000
CY2024Q2 us-gaap Interest Expense
InterestExpense
9000
CY2023Q2 us-gaap Interest Expense
InterestExpense
39000
us-gaap Interest Expense
InterestExpense
18000
us-gaap Interest Expense
InterestExpense
86000
CY2024Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
2968000
CY2023Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
7537000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-25000
CY2024Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-12798000
CY2023Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-23919000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-25759000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-52564000
CY2024Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4000
CY2023Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
36000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
11000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
50000
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
-12802000
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
-23955000
us-gaap Net Income Loss
NetIncomeLoss
-25770000
us-gaap Net Income Loss
NetIncomeLoss
-52614000
CY2024Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.24
CY2024Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.24
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.5
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.5
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.5
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.5
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.11
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.11
CY2024Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
52394678
CY2024Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
52394678
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
47669513
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
47669513
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
51536632
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
51536632
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
47204891
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
47204891
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
-12802000
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
-23955000
us-gaap Net Income Loss
NetIncomeLoss
-25770000
us-gaap Net Income Loss
NetIncomeLoss
-52614000
CY2024Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
2000
CY2023Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-37000
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-27000
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-9000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax
-199000
CY2024Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
2000
CY2023Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-37000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
172000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-9000
CY2024Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
3000
CY2023Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
179000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-70000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
608000
CY2024Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-12797000
CY2023Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-23813000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-25668000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-52015000
CY2024Q1 us-gaap Stockholders Equity
StockholdersEquity
120694000
CY2024Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
1405000
CY2024Q2 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
317000
CY2024Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2653000
CY2024Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
2000
CY2024Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
3000
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
-12802000
CY2024Q2 us-gaap Stockholders Equity
StockholdersEquity
112272000
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
193632000
CY2023Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
1873000
CY2023Q2 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
909000
CY2023Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3485000
CY2023Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-37000
CY2023Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
179000
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
-23955000
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
176086000
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
129441000
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
2842000
us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
317000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
5340000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
172000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-70000
us-gaap Net Income Loss
NetIncomeLoss
-25770000
CY2024Q2 us-gaap Stockholders Equity
StockholdersEquity
112272000
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
218139000
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
1873000
us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
909000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
7180000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-9000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
608000
us-gaap Net Income Loss
NetIncomeLoss
-52614000
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
176086000
us-gaap Profit Loss
ProfitLoss
-25770000
us-gaap Profit Loss
ProfitLoss
-52614000
us-gaap Share Based Compensation
ShareBasedCompensation
5340000
us-gaap Share Based Compensation
ShareBasedCompensation
7180000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
5640000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
5630000
psnl Noncash Lease Expense
NoncashLeaseExpense
686000
psnl Noncash Lease Expense
NoncashLeaseExpense
1120000
psnl Amortization Of Premium Discount On Short Term Investments
AmortizationOfPremiumDiscountOnShortTermInvestments
1264000
psnl Amortization Of Premium Discount On Short Term Investments
AmortizationOfPremiumDiscountOnShortTermInvestments
740000
psnl Noncash Restructuring And Other Charges
NoncashRestructuringAndOtherCharges
476000
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-8000
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-234000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-4809000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-6510000
psnl Increase Decrease In Inventories And Other Deferred Costs
IncreaseDecreaseInInventoriesAndOtherDeferredCosts
-1271000
psnl Increase Decrease In Inventories And Other Deferred Costs
IncreaseDecreaseInInventoriesAndOtherDeferredCosts
-295000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-879000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-1538000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-5101000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-1353000
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-5513000
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-2357000
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-2701000
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
5703000
psnl Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
-1701000
psnl Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
2219000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-31156000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-26159000
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
37836000
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
23894000
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
57000000
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
63755000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
110000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
6519000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
240000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
19294000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
33342000
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
2842000
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1873000
psnl Repayments Of Payment Agreements With Financing Entity
RepaymentsOfPaymentAgreementsWithFinancingEntity
514000
psnl Repayments Of Payment Agreements With Financing Entity
RepaymentsOfPaymentAgreementsWithFinancingEntity
1857000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
317000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
909000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
2645000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
925000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-20000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-41000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-9237000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
8067000
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
58774000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
90918000
CY2024Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
49537000
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
98985000
CY2024Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
47747000
CY2023Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
97195000
CY2024Q2 us-gaap Restricted Cash And Investments Noncurrent
RestrictedCashAndInvestmentsNoncurrent
1790000
CY2023Q2 us-gaap Restricted Cash And Investments Noncurrent
RestrictedCashAndInvestmentsNoncurrent
1790000
CY2024Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
49537000
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
98985000
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1
CY2024Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationTax
200000
us-gaap Use Of Estimates
UseOfEstimates
<p style="font-size:10pt;margin-top:10pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:9pt;font-family:Arial;font-style:italic;min-width:fit-content;">Use of Estimates</span></p><p style="text-indent:6.667%;font-size:10pt;margin-top:10pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:9pt;font-family:Arial;min-width:fit-content;">The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, and disclosure of contingent assets and liabilities, at the date of the consolidated financial statements and the reported amounts of revenue and expenses during the reporting period. The estimates include, but are not limited to, revenue recognition, useful lives assigned to long-lived assets, discount rates for lease accounting, the valuation of stock options, the valuation of common stock warrants, provisions for income taxes, and fair value of lease right-of-use assets. Actual results could differ from these estimates, and such differences could be material to the Company’s consolidated financial position and results of operations.</span><span style="color:#000000;white-space:pre-wrap;font-size:9pt;font-family:Arial;min-width:fit-content;"> </span></p>
CY2024Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
22580000
CY2023Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
16699000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
42105000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
35559000
CY2023Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
17730000
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
16642000
CY2023Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
3288000
CY2022Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
1264000
CY2023Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
3928000
CY2023Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
7216000
CY2022Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
1264000
CY2024Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
12921000
CY2023Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
17730000
CY2024Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
4174000
CY2023Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
3288000
CY2024Q2 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
341000
CY2023Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
3928000
CY2024Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
4515000
CY2023Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
7216000
psnl Revenue Performance Obligation Unsatisfied Service Period Description
RevenuePerformanceObligationUnsatisfiedServicePeriodDescription
unfulfilled services under contracts with an original expected duration of more than one year
psnl Contract With Customer Unsatisfied Services Revenue
ContractWithCustomerUnsatisfiedServicesRevenue
3100000
CY2024Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
2800000
CY2024Q2 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P12M
CY2024Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
300000
CY2024Q2 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P12M
CY2024Q2 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
1300000
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
2900000
CY2024Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
4694000
CY2023Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
5661000
CY2024Q2 us-gaap Other Deferred Costs Net
OtherDeferredCostsNet
4470000
CY2023Q4 us-gaap Other Deferred Costs Net
OtherDeferredCostsNet
4813000
CY2024Q2 psnl Inventory And Other Deferred Costs
InventoryAndOtherDeferredCosts
9164000
CY2023Q4 psnl Inventory And Other Deferred Costs
InventoryAndOtherDeferredCosts
10474000
CY2024Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
2800000
CY2023Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
2800000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
5600000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
5600000
CY2024Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
41600000
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
37700000
CY2024Q2 us-gaap Restricted Cash And Investments Noncurrent
RestrictedCashAndInvestmentsNoncurrent
1800000
CY2023Q4 us-gaap Restricted Cash And Investments Noncurrent
RestrictedCashAndInvestmentsNoncurrent
1800000
CY2024Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
6314000
CY2023Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
12816000
CY2024Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
7858000
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
7761000
CY2024Q2 us-gaap Loans Payable Current
LoansPayableCurrent
1561000
CY2023Q4 us-gaap Loans Payable Current
LoansPayableCurrent
1646000
CY2024Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
2406000
CY2023Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
858000
CY2024Q2 psnl Market Development Fees Received From Tempus
MarketDevelopmentFeesReceivedFromTempus
800000
CY2024Q2 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
241000
CY2023Q4 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
311000
CY2024Q2 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
38000
CY2023Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
37000
CY2024Q2 psnl Contract With Customer Deposits Current
ContractWithCustomerDepositsCurrent
30000
CY2023Q4 psnl Contract With Customer Deposits Current
ContractWithCustomerDepositsCurrent
512000
CY2024Q2 psnl Accrued Liabilities And Other Liabilities Current
AccruedLiabilitiesAndOtherLiabilitiesCurrent
19248000
CY2023Q4 psnl Accrued Liabilities And Other Liabilities Current
AccruedLiabilitiesAndOtherLiabilitiesCurrent
23941000
CY2024Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
0
psnl Lease Expiration Month And Year
LeaseExpirationMonthAndYear
2027-11
CY2024Q2 us-gaap Land Subject To Ground Leases
LandSubjectToGroundLeases
31280
CY2024Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P10Y1M6D
CY2024Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.105
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
4087000
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
8057000
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
7230000
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
7189000
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
5215000
CY2024Q2 psnl Lessee Operating Lease Liability Payments Due After Year Four
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour
42798000
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
74576000
CY2024Q2 psnl Lessee Operating Lease Liability Discount On Obligation Amount
LesseeOperatingLeaseLiabilityDiscountOnObligationAmount
30194000
CY2024Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
44382000
CY2024Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
7858000
CY2024Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
36524000
us-gaap Operating Lease Payments
OperatingLeasePayments
4000000
us-gaap Operating Lease Payments
OperatingLeasePayments
2200000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
1300000
CY2024Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
1511000
CY2023Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
1843000
us-gaap Operating Lease Cost
OperatingLeaseCost
3032000
us-gaap Operating Lease Cost
OperatingLeaseCost
3592000
CY2024Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
8000
CY2023Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
25000
us-gaap Short Term Lease Cost
ShortTermLeaseCost
195000
us-gaap Short Term Lease Cost
ShortTermLeaseCost
124000
CY2024Q2 us-gaap Variable Lease Cost
VariableLeaseCost
666000
CY2023Q2 us-gaap Variable Lease Cost
VariableLeaseCost
390000
us-gaap Variable Lease Cost
VariableLeaseCost
1026000
us-gaap Variable Lease Cost
VariableLeaseCost
883000
CY2024Q2 us-gaap Lease Cost
LeaseCost
2185000
CY2023Q2 us-gaap Lease Cost
LeaseCost
2258000
us-gaap Lease Cost
LeaseCost
4253000
us-gaap Lease Cost
LeaseCost
4599000
us-gaap Restructuring And Related Cost Number Of Positions Eliminated
RestructuringAndRelatedCostNumberOfPositionsEliminated
100
CY2023Q4 us-gaap Restructuring And Related Cost Expected Number Of Positions Eliminated
RestructuringAndRelatedCostExpectedNumberOfPositionsEliminated
60
CY2023Q4 us-gaap Restructuring And Related Activities Completion Date
RestructuringAndRelatedActivitiesCompletionDate
2024-03-31
CY2023Q1 psnl Restructuring Expenses Related To Disposals Of Fixed Assets And Impairment Of Other Assets
RestructuringExpensesRelatedToDisposalsOfFixedAssetsAndImpairmentOfOtherAssets
600000
CY2024Q2 psnl Shares Subject To Options And Restricted Stock Or Rsu Awards
SharesSubjectToOptionsAndRestrictedStockOrRSUAwards
9155525
CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
5386630
CY2024Q2 psnl Shares Of Common Stock Reserved For Future Issuance Under Espp
SharesOfCommonStockReservedForFutureIssuanceUnderESPP
192341
CY2024Q2 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
14734496
CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
0.92
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
1.51
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
1.05
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
1.84
CY2024Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
6700000
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y2M12D
CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
0.7261
CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
0.7312
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
0.7847
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
0.7931
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
0.7261
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
0.8028
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
0.7847
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
0.7931
CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.0435
CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.0465
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.0347
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.0398
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.0388
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.0465
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.0347
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.0398
CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2024Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2653000
CY2023Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3485000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5340000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
7180000
CY2024Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2653000
CY2023Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3485000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5340000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
7180000
us-gaap Loss Contingency Disclosures
LossContingencyDisclosures
<p id="note_11_commitments_and_contingencies" style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:9pt;font-family:Arial;min-width:fit-content;">Note 11. </span><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:9pt;font-family:Arial;min-width:fit-content;">Contingencies</span></p><p style="text-indent:6.667%;font-size:10pt;margin-top:10pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:9pt;font-family:Arial;min-width:fit-content;">In June 2024, the Company and Foresight Diagnostics Inc. ("Foresight") entered into a Settlement and License Agreement (the "S&amp;L Agreement") to settle litigation related to alleged patent infringement by Foresight. The Company filed complaints against Foresight—one in August 2022 and a second in June 2023—for infringement of certain of the Company's patents relating to detection of MRD. Foresight filed counterclaims and alleged that its solid tumor recurrence test does not infringe the Company's patents and invalidated two of the Company's patents, and sought to invalidate certain of the Company's other patents, through </span><span style="color:#000000;white-space:pre-wrap;font-size:9pt;font-family:Arial;font-style:italic;min-width:fit-content;">inter partes </span><span style="color:#000000;white-space:pre-wrap;font-size:9pt;font-family:Arial;min-width:fit-content;">review proceedings with the U.S. Patent Trial and Appeal Board ("PTAB"). Pursuant to the S&amp;L Agreement, Foresight and the Company agreed to dismiss the pending claims of infringement and related defenses and counterclaims, and to end the remaining </span><span style="color:#000000;white-space:pre-wrap;font-size:9pt;font-family:Arial;font-style:italic;min-width:fit-content;">inter partes </span><span style="color:#000000;white-space:pre-wrap;font-size:9pt;font-family:Arial;min-width:fit-content;">review proceedings.</span></p><p style="text-indent:6.667%;font-size:10pt;margin-top:10pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:9pt;font-family:Arial;min-width:fit-content;">Under the S&amp;L Agreement, the Company granted Foresight a non-exclusive, worldwide license under certain patents of the Company to develop, manufacture, commercialize and otherwise exploit products and services that use whole genome sequencing and a variable content minimal/molecular residual disease panel that utilizes phased variants in consideration for which Foresight agreed to pay the Company a low single-digit tiered royalty on sales of products and services covered by patents licensed by the Company, subject to customary reductions. The license is perpetual and irrevocable, except in certain limited circumstances, which apply on a patent-by-patent basis. Upon the occurrence of certain specified change of control events with respect to Foresight, the highest percentage of the royalty tiers is subject to a low single-digit increase and Foresight will pay a one-time fee in the low single-digit millions. The term of the S&amp;L Agreement runs through expiration of the patents licensed by the Company to Foresight.</span></p>
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
-12802000
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
-23955000
us-gaap Net Income Loss
NetIncomeLoss
-25770000
us-gaap Net Income Loss
NetIncomeLoss
-52614000
CY2024Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
52394678
CY2024Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
52394678
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
47669513
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
47669513
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
51536632
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
51536632
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
47204891
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
47204891
CY2024Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.24
CY2024Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.24
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.50
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.50
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.50
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.50
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.11
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.11
CY2024Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
18566666
CY2023Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
9905705
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
18566666
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
9905705
CY2024Q2 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q2 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2024Q2 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false

Files In Submission

Name View Source Status
0000950170-24-092883-index-headers.html Edgar Link pending
0000950170-24-092883-index.html Edgar Link pending
0000950170-24-092883.txt Edgar Link pending
0000950170-24-092883-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
img80987439_0.jpg Edgar Link pending
MetaLinks.json Edgar Link pending
psnl-20240630.htm Edgar Link pending
psnl-20240630.xsd Edgar Link pending
psnl-ex31_1.htm Edgar Link pending
psnl-20240630_htm.xml Edgar Link completed
FilingSummary.xml Edgar Link unprocessable
psnl-ex31_2.htm Edgar Link pending
psnl-ex32_1.htm Edgar Link pending
psnl-ex32_2.htm 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
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.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