2013 Q4 Form 10-Q Financial Statement
#000110465913086891 Filed on November 25, 2013
Income Statement
Concept | 2013 Q4 | 2013 Q3 | 2012 Q3 |
---|---|---|---|
Revenue | $6.838M | $5.594M | $3.224M |
YoY Change | 53.42% | 73.51% | |
Cost Of Revenue | $3.470M | $3.132M | $1.984M |
YoY Change | 33.46% | 57.86% | |
Gross Profit | $3.370M | $2.462M | $1.240M |
YoY Change | 81.18% | 98.55% | |
Gross Profit Margin | 49.28% | 44.01% | 38.46% |
Selling, General & Admin | $7.260M | $6.535M | $4.450M |
YoY Change | 38.29% | 46.85% | |
% of Gross Profit | 215.43% | 265.43% | 358.87% |
Research & Development | $1.870M | $2.028M | $1.729M |
YoY Change | 8.72% | 17.29% | |
% of Gross Profit | 55.49% | 82.37% | 139.44% |
Depreciation & Amortization | $280.0K | $290.0K | $180.0K |
YoY Change | 55.56% | 61.11% | |
% of Gross Profit | 8.31% | 11.78% | 14.52% |
Operating Expenses | $9.130M | $11.70M | $8.163M |
YoY Change | 30.99% | 43.27% | |
Operating Profit | -$5.760M | -$6.101M | -$4.939M |
YoY Change | 12.72% | 23.53% | |
Interest Expense | -$100.0K | $126.0K | $0.00 |
YoY Change | |||
% of Operating Profit | |||
Other Income/Expense, Net | -$30.00K | -$76.00K | $1.000K |
YoY Change | -110.71% | -7700.0% | |
Pretax Income | -$5.890M | -$6.300M | -$4.940M |
YoY Change | 21.69% | 27.53% | |
Income Tax | $0.00 | $0.00 | $0.00 |
% Of Pretax Income | |||
Net Earnings | -$5.892M | -$6.303M | -$4.938M |
YoY Change | 21.81% | 27.64% | |
Net Earnings / Revenue | -86.17% | -112.67% | -153.16% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$281.4K | -$301.0K | -$238.8K |
COMMON SHARES | |||
Basic Shares Outstanding | 21.04M shares | ||
Diluted Shares Outstanding |
Balance Sheet
Concept | 2013 Q4 | 2013 Q3 | 2012 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $71.20M | $15.40M | |
YoY Change | |||
Cash & Equivalents | $71.22M | $15.43M | $3.441M |
Short-Term Investments | |||
Other Short-Term Assets | $1.500M | $2.900M | |
YoY Change | |||
Inventory | $2.567M | $1.392M | |
Prepaid Expenses | |||
Receivables | $1.143M | $714.0K | |
Other Receivables | $0.00 | $0.00 | |
Total Short-Term Assets | $76.41M | $20.47M | |
YoY Change | 366.44% | ||
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $2.952M | $2.826M | |
YoY Change | 20.69% | ||
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $153.0K | $157.0K | |
YoY Change | 25.41% | ||
Total Long-Term Assets | $3.223M | $3.101M | |
YoY Change | 19.99% | ||
TOTAL ASSETS | |||
Total Short-Term Assets | $76.41M | $20.47M | |
Total Long-Term Assets | $3.223M | $3.101M | |
Total Assets | $79.63M | $23.57M | |
YoY Change | 317.63% | ||
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $5.294M | $5.604M | |
YoY Change | 180.4% | ||
Accrued Expenses | $7.594M | $4.416M | |
YoY Change | 88.91% | ||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $15.39M | $12.52M | |
YoY Change | 71.15% | ||
LONG-TERM LIABILITIES | |||
Long-Term Debt | $4.899M | $4.863M | |
YoY Change | |||
Other Long-Term Liabilities | $2.900M | $3.700M | |
YoY Change | |||
Total Long-Term Liabilities | $4.899M | $4.863M | |
YoY Change | |||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $15.39M | $12.52M | |
Total Long-Term Liabilities | $4.899M | $4.863M | |
Total Liabilities | $23.19M | $21.12M | |
YoY Change | 63.68% | ||
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$85.65M | -$79.76M | |
YoY Change | 42.58% | ||
Common Stock | $142.1M | $3.182M | |
YoY Change | 8791.86% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $56.44M | -$76.58M | |
YoY Change | |||
Total Liabilities & Shareholders Equity | $79.63M | $23.57M | |
YoY Change | 317.63% |
Cashflow Statement
Concept | 2013 Q4 | 2013 Q3 | 2012 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$5.892M | -$6.303M | -$4.938M |
YoY Change | 21.81% | 27.64% | |
Depreciation, Depletion And Amortization | $280.0K | $290.0K | $180.0K |
YoY Change | 55.56% | 61.11% | |
Cash From Operating Activities | -$3.300M | -$5.240M | -$5.270M |
YoY Change | -15.17% | -0.57% | |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$270.0K | -$120.0K | -$270.0K |
YoY Change | -50.91% | -55.56% | |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $0.00 | $0.00 | |
YoY Change | |||
Cash From Investing Activities | -$270.0K | -$120.0K | -$270.0K |
YoY Change | -50.91% | -55.56% | |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 59.36M | 100.0K | 0.000 |
YoY Change | 295.73% | ||
NET CHANGE | |||
Cash From Operating Activities | -3.300M | -5.240M | -5.270M |
Cash From Investing Activities | -270.0K | -120.0K | -270.0K |
Cash From Financing Activities | 59.36M | 100.0K | 0.000 |
Net Change In Cash | 55.79M | -5.260M | -5.540M |
YoY Change | 428.31% | -5.05% | |
FREE CASH FLOW | |||
Cash From Operating Activities | -$3.300M | -$5.240M | -$5.270M |
Capital Expenditures | -$270.0K | -$120.0K | -$270.0K |
Free Cash Flow | -$3.030M | -$5.120M | -$5.000M |
YoY Change | -9.28% | 2.4% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
1.46 | ||
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
2.69 | ||
CY2012Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
2227669000 | shares |
us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
324892000 | shares | |
CY2013Q3 | vcyt |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedOutstandingNumber
|
1217163000 | shares |
CY2013Q3 | vcyt |
Share Based Compensation Arrangement By Share Based Payment Award Options Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpectedToVestOutstandingNumber
|
2234726000 | shares |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
717000 | USD | |
CY2012Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
2.06 | |
dei |
Entity Registrant Name
EntityRegistrantName
|
VERACYTE, INC. | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001384101 | ||
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2013-09-30 | ||
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
No | ||
dei |
Entity Filer Category
EntityFilerCategory
|
Non-accelerated Filer | ||
CY2013Q4 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
21035046 | shares |
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2013 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q3 | ||
us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="font-size:10.0pt;font-family:Times New Roman;"> <p style="MARGIN: 0in 0in 0pt;"><b><i><font style="FONT-STYLE: italic; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold;" size="2">Use of Estimates</font></i></b></p> <p style="MARGIN: 0in 0in 0pt;"> </p> <p style="TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">The preparation of unaudited interim condensed 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 as of the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Significant items subject to such estimates include: revenue recognition; allowance for doubtful accounts; the useful lives of property and equipment; the recoverability of long-lived assets; the determination of fair value of the Company’s common stock, stock options, and preferred stock liability; income tax uncertainties, including a valuation allowance for deferred tax assets; and contingencies. The Company bases these estimates on historical and anticipated results, trends, and various other assumptions that the Company believes are reasonable under the circumstances, including assumptions as to future events. These estimates form the basis for making judgments about the carrying values of assets and liabilities and recorded revenue and expenses that are not readily apparent from other sources. Actual results could differ from those estimates and assumptions.</font></p> </div> | ||
CY2013Q3 | vcyt |
Number Of Major Financial Institutions With Which Cash And Cash Equivalents Deposited
NumberOfMajorFinancialInstitutionsWithWhichCashAndCashEquivalentsDeposited
|
2 | item |
CY2012Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
168000 | USD |
CY2013Q3 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
118000 | USD |
CY2012Q4 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
50000 | USD |
CY2013Q3 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
5604000 | USD |
CY2012Q4 | us-gaap |
Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
|
118000 | USD |
CY2013Q3 | us-gaap |
Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
|
118000 | USD |
CY2013Q3 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
364000 | USD |
CY2012Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
222000 | USD |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
184000 | USD | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
144000 | USD | |
us-gaap |
Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
|
34000 | USD | |
CY2012Q3 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
58000 | USD |
CY2013Q3 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
66000 | USD |
CY2012Q4 | us-gaap |
Accrued Bonuses Current
AccruedBonusesCurrent
|
671000 | USD |
CY2013Q3 | us-gaap |
Accrued Bonuses Current
AccruedBonusesCurrent
|
639000 | USD |
vcyt |
Revenue Recognition Number Of Criteria
RevenueRecognitionNumberOfCriteria
|
2 | item | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
183852000 | shares | |
CY2013Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
2.81 | |
CY2012Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
1360000 | USD |
CY2013Q3 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
1248000 | USD |
CY2012Q4 | vcyt |
Accrued Consulting Fees Current
AccruedConsultingFeesCurrent
|
28000 | USD |
CY2013Q3 | vcyt |
Accrued Consulting Fees Current
AccruedConsultingFeesCurrent
|
42000 | USD |
CY2012Q4 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
84000 | USD |
CY2013Q3 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
294000 | USD |
CY2012Q4 | us-gaap |
Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
|
2175000 | USD |
CY2013Q3 | us-gaap |
Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
|
2322000 | USD |
CY2012Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
373000 | USD |
CY2013Q3 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
510000 | USD |
CY2012Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
4020000 | USD |
CY2013Q3 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
4416000 | USD |
CY2012Q4 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
|
583000 | USD |
CY2013Q3 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
|
252000 | USD |
us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
|
-2070000 | USD | |
us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
|
2653000 | USD | |
us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
4877000 | USD | |
CY2011Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
7566000 | USD |
CY2013Q3 | us-gaap |
Share Price
SharePrice
|
12.12 | |
CY2012Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
|
347386000 | shares |
CY2013Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
|
144584000 | shares |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Additional Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfAdditionalSharesAuthorized
|
250000000 | shares | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
636654000 | shares | |
CY2013Q3 | us-gaap |
Temporary Equity Redemption Value
TemporaryEquityRedemptionValue
|
79022000 | USD |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
4.70 | ||
CY2012Q4 | us-gaap |
Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
|
5114000 | USD |
CY2013Q3 | us-gaap |
Liabilities
Liabilities
|
21124000 | USD |
CY2012Q4 | us-gaap |
Liabilities
Liabilities
|
14166000 | USD |
CY2013Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
2355579000 | shares |
CY2013Q3 | vcyt |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedOutstandingWeightedAverageExercisePrice
|
2.02 | |
CY2013Q3 | vcyt |
Share Based Compensation Arrangement By Share Based Payment Award Options Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpectedToVestOutstandingWeightedAverageExercisePrice
|
2.77 | |
CY2012Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
4311000 | USD |
CY2013Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
21928000 | USD |
CY2013Q3 | vcyt |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedOutstandingAggregateIntrinsicValue
|
12290000 | USD |
CY2013Q3 | vcyt |
Share Based Compensation Arrangement By Share Based Payment Award Options Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpectedToVestOutstandingAggregateIntrinsicValue
|
20904000 | USD |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
1.88 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
3.73 | ||
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue
|
2.24 | ||
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue
|
1.38 | ||
vcyt |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageGrantDateFairValue
|
0.92 | ||
vcyt |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageGrantDateFairValue
|
0.98 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
112000 | USD | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
3463000 | USD | |
CY2013Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
15426000 | USD |
CY2012Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
14002000 | USD |
CY2013Q3 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
714000 | USD |
CY2012Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
569000 | USD |
CY2013Q3 | us-gaap |
Inventory Net
InventoryNet
|
1392000 | USD |
CY2012Q4 | us-gaap |
Inventory Net
InventoryNet
|
1050000 | USD |
CY2013Q3 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
2938000 | USD |
CY2012Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
710000 | USD |
CY2013Q3 | us-gaap |
Assets Current
AssetsCurrent
|
20470000 | USD |
CY2012Q4 | us-gaap |
Assets Current
AssetsCurrent
|
16381000 | USD |
CY2013Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
2826000 | USD |
CY2012Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
2446000 | USD |
CY2013Q3 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
157000 | USD |
CY2012Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
122000 | USD |
CY2013Q3 | us-gaap |
Assets
Assets
|
23571000 | USD |
CY2012Q4 | us-gaap |
Assets
Assets
|
19067000 | USD |
CY2012Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
1888000 | USD |
CY2013Q3 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
2500000 | USD |
CY2012Q4 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
2500000 | USD |
CY2012Q4 | vcyt |
Redeemable Convertible Preferred Stock Liabilities Current
RedeemableConvertiblePreferredStockLiabilitiesCurrent
|
583000 | USD |
CY2013Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
12520000 | USD |
CY2012Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
8991000 | USD |
CY2013Q3 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
4863000 | USD |
CY2013Q3 | us-gaap |
Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
|
250000 | USD |
CY2012Q4 | us-gaap |
Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
|
61000 | USD |
CY2013Q3 | vcyt |
Redeemable Convertible Preferred Stock Warrants
RedeemableConvertiblePreferredStockWarrants
|
252000 | USD |
CY2013Q3 | us-gaap |
Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
|
3239000 | USD |
CY2012Q4 | us-gaap |
Temporary Equity Redemption Value
TemporaryEquityRedemptionValue
|
63372000 | USD |
CY2013Q3 | us-gaap |
Common Stock Value
CommonStockValue
|
1000 | USD |
CY2012Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
1000 | USD |
CY2013Q3 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
3181000 | USD |
CY2012Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
1597000 | USD |
CY2013Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-79757000 | USD |
CY2012Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-60069000 | USD |
CY2013Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-76575000 | USD |
CY2012Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-58471000 | USD |
CY2013Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
23571000 | USD |
CY2012Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
19067000 | USD |
CY2012Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2013Q3 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2013Q3 | us-gaap |
Temporary Equity Par Or Stated Value Per Share
TemporaryEquityParOrStatedValuePerShare
|
0.001 | |
CY2012Q4 | us-gaap |
Temporary Equity Par Or Stated Value Per Share
TemporaryEquityParOrStatedValuePerShare
|
0.001 | |
CY2013Q3 | us-gaap |
Temporary Equity Shares Authorized
TemporaryEquitySharesAuthorized
|
60187700 | shares |
CY2012Q4 | us-gaap |
Temporary Equity Shares Authorized
TemporaryEquitySharesAuthorized
|
59147999 | shares |
CY2013Q3 | us-gaap |
Temporary Equity Shares Issued
TemporaryEquitySharesIssued
|
59989268 | shares |
CY2013Q3 | us-gaap |
Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
|
59989268 | shares |
CY2012Q4 | us-gaap |
Temporary Equity Shares Issued
TemporaryEquitySharesIssued
|
53084507 | shares |
CY2012Q4 | us-gaap |
Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
|
53084507 | shares |
CY2013Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2012Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2013Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
77000000 | shares |
CY2012Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
77000000 | shares |
CY2013Q3 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
992578 | shares |
CY2013Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
992578 | shares |
CY2012Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
667684 | shares |
CY2012Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
667684 | shares |
CY2013Q3 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
5594000 | USD |
CY2012Q3 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
3224000 | USD |
us-gaap |
Sales Revenue Net
SalesRevenueNet
|
15046000 | USD | |
us-gaap |
Sales Revenue Net
SalesRevenueNet
|
7171000 | USD | |
CY2013Q3 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
3132000 | USD |
CY2012Q3 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
1984000 | USD |
us-gaap |
Cost Of Revenue
CostOfRevenue
|
9136000 | USD | |
us-gaap |
Cost Of Revenue
CostOfRevenue
|
4984000 | USD | |
CY2013Q3 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
2028000 | USD |
CY2012Q3 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
1729000 | USD |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
5940000 | USD | |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
4887000 | USD | |
CY2013Q3 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
3291000 | USD |
CY2012Q3 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
2347000 | USD |
us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
8609000 | USD | |
us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
5392000 | USD | |
CY2013Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
3244000 | USD |
CY2012Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
2103000 | USD |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
8772000 | USD | |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
5721000 | USD | |
CY2013Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
11695000 | USD |
CY2012Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
8163000 | USD |
us-gaap |
Operating Expenses
OperatingExpenses
|
32457000 | USD | |
us-gaap |
Operating Expenses
OperatingExpenses
|
20984000 | USD | |
CY2013Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-6101000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-17411000 | USD | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-13813000 | USD | |
CY2012Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-4939000 | USD |
CY2013Q3 | us-gaap |
Interest Expense
InterestExpense
|
126000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
131000 | USD | |
CY2013Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-76000 | USD |
CY2012Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
1000 | USD |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-2146000 | USD | |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
1000 | USD | |
CY2013Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-6303000 | USD |
CY2012Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-4938000 | USD |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-19688000 | USD | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-13812000 | USD | |
CY2013Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-6.59 | |
CY2012Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-7.49 | |
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-22.87 | ||
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-21.40 | ||
CY2013Q3 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
955890 | shares |
CY2012Q3 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
659129 | shares |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
860957 | shares | |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
645306 | shares | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
526000 | USD | |
us-gaap |
Recognition Of Deferred Revenue
RecognitionOfDeferredRevenue
|
1875000 | USD | |
us-gaap |
Recognition Of Deferred Revenue
RecognitionOfDeferredRevenue
|
1761000 | USD | |
vcyt |
Share Based Compensation Non Bonus Related
ShareBasedCompensationNonBonusRelated
|
851000 | USD | |
vcyt |
Share Based Compensation Non Bonus Related
ShareBasedCompensationNonBonusRelated
|
458000 | USD | |
vcyt |
Share Based Compensation Bonus Related
ShareBasedCompensationBonusRelated
|
203000 | USD | |
us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
28000 | USD | |
us-gaap |
Fair Value Liabilities Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
|
-2070000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
329000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
482000 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
342000 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
488000 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
2183000 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
287000 | USD | |
us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
-32000 | USD | |
us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
58000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
3813000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
747000 | USD | |
vcyt |
Increase Decrease In Accrued Liabilities And Deferred Rent
IncreaseDecreaseInAccruedLiabilitiesAndDeferredRent
|
763000 | USD | |
vcyt |
Increase Decrease In Accrued Liabilities And Deferred Rent
IncreaseDecreaseInAccruedLiabilitiesAndDeferredRent
|
1531000 | USD | |
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
10000000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-15861000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-3279000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
1061000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
912000 | USD | |
us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
-50000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-1011000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-912000 | USD | |
us-gaap |
Proceeds From Issuance Of Redeemable Convertible Preferred Stock
ProceedsFromIssuanceOfRedeemableConvertiblePreferredStock
|
12945000 | USD | |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
474000 | USD | |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
66000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
18296000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
66000 | USD | |
us-gaap |
Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
|
1424000 | USD | |
us-gaap |
Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
|
-4125000 | USD | |
CY2012Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
3441000 | USD |
vcyt |
Preferred Stock Warrants Issued
PreferredStockWarrantsIssued
|
175000 | USD | |
CY2013Q2 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
5000000 | USD |
CY2013Q1 | vcyt |
Income Taxes Period For Which Research Tax Credit Extended For Qualified Research Expenditures Incurred Through End Of Specified Period
IncomeTaxesPeriodForWhichResearchTaxCreditExtendedForQualifiedResearchExpendituresIncurredThroughEndOfSpecifiedPeriod
|
P2Y | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
17377692 | shares | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
13466803 | shares | |
us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
1 | item | |
us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
21000 | USD | |
us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
77000 | USD | |
CY2013Q3 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
700000 | USD |
CY2013Q3 | us-gaap |
Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
|
0 | USD |