$VCYT
VERACYTE, INC. Stock $vcyt

$vcyt Overview Financials Valuation SEC Filings Company Website

2018 Q2 Form 10-Q Financial Statement

#000138410118000026 Filed on May 01, 2018

Income Statement

Concept	2018 Q2	2018 Q1	2017 Q1
Revenue	$22.75M	$20.04M	$16.43M
YoY Change	23.61%	21.96%	21.27%
Cost Of Revenue	$8.246M	$7.867M	$6.297M
YoY Change	18.48%	24.93%	0.29%
Gross Profit	$14.51M	$12.17M	$10.14M
YoY Change	26.73%	20.12%	39.39%
Gross Profit Margin	63.76%	60.75%	61.68%
Selling, General & Admin	$15.56M	$17.19M	$13.36M
YoY Change	9.65%	28.69%	0.46%
% of Gross Profit	107.24%	141.18%	131.77%
Research & Development	$4.601M	$3.675M	$4.030M
YoY Change	27.7%	-8.81%	16.44%
% of Gross Profit	31.72%	30.19%	39.76%
Depreciation & Amortization	$990.0K	$980.0K	$902.0K
YoY Change	4.21%	8.65%	18.37%
% of Gross Profit	6.83%	8.05%	8.9%
Operating Expenses	$20.16M	$20.86M	$17.39M
YoY Change	13.31%	20.0%	3.76%
Operating Profit	-$5.917M	-$8.955M	-$7.517M
YoY Change	-10.47%	19.13%	-22.91%
Interest Expense	$481.0K	$448.0K	$800.0K
YoY Change	-40.47%	-44.0%	117.98%
% of Operating Profit
Other Income/Expense, Net	$150.0K	$226.0K	$100.0K
YoY Change	26.05%	126.0%	132.56%
Pretax Income	-$6.250M	-$9.180M	-$8.220M
YoY Change	-14.38%	11.68%	-18.45%
Income Tax
% Of Pretax Income
Net Earnings	-$6.250M	-$9.180M	-$8.220M
YoY Change	-14.38%	11.68%	-18.45%
Net Earnings / Revenue	-27.47%	-45.81%	-50.02%
Basic Earnings Per Share
Diluted Earnings Per Share	-$182.2K	-$267.9K	-$243.1K
COMMON SHARES
Basic Shares Outstanding	34.35M shares	34.29M shares	33.85M shares
Diluted Shares Outstanding

Balance Sheet

Concept	2018 Q2	2018 Q1	2017 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$23.80M	$27.20M	$51.50M
YoY Change	-48.82%	-47.18%	8.42%
Cash & Equivalents	$23.76M	$27.15M	$51.51M
Short-Term Investments
Other Short-Term Assets	$1.800M	$2.100M	$2.200M
YoY Change	-10.0%	-4.55%	22.22%
Inventory	$3.049M	$4.557M	$3.443M
Prepaid Expenses
Receivables	$13.01M	$13.20M	$9.125M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$41.64M	$47.05M	$66.30M
YoY Change	-33.77%	-29.03%	17.96%
LONG-TERM ASSETS
Property, Plant & Equipment	$9.035M	$9.215M	$10.66M
YoY Change	-10.48%	-13.53%	-5.69%
Goodwill	$1.057M	$1.057M	$1.057M
YoY Change	0.0%	0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$598.0K	$466.0K	$127.0K
YoY Change	346.27%	266.93%	-84.13%
Total Long-Term Assets	$23.83M	$24.14M	$26.31M
YoY Change	-6.52%	-8.25%	-6.37%
TOTAL ASSETS
Total Short-Term Assets	$41.64M	$47.05M	$66.30M
Total Long-Term Assets	$23.83M	$24.14M	$26.31M
Total Assets	$65.46M	$71.19M	$92.61M
YoY Change	-25.9%	-23.13%	9.85%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$1.962M	$3.356M	$2.611M
YoY Change	-16.48%	28.53%	-39.28%
Accrued Expenses	$8.429M	$8.483M	$6.800M
YoY Change	-0.25%	24.75%	-2.86%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$10.39M	$11.84M	$9.411M
YoY Change	-3.78%	25.8%	-20.92%
LONG-TERM LIABILITIES
Long-Term Debt	$25.10M	$25.02M	$24.94M
YoY Change	0.53%	0.29%	1.81%
Other Long-Term Liabilities	$4.000M	$4.100M	$4.400M
YoY Change	-6.98%	-6.82%	-4.35%
Total Long-Term Liabilities	$25.10M	$25.02M	$24.94M
YoY Change	0.53%	0.29%	-14.28%
TOTAL LIABILITIES
Total Short-Term Liabilities	$10.39M	$11.84M	$9.411M
Total Long-Term Liabilities	$25.10M	$25.02M	$24.94M
Total Liabilities	$39.66M	$41.18M	$39.26M
YoY Change	-2.09%	4.91%	-4.25%
SHAREHOLDERS EQUITY
Retained Earnings	-$226.5M	-$220.3M	-$188.3M
YoY Change	15.8%	16.97%
Common Stock	$252.3M	$250.3M	$241.7M
YoY Change	3.65%	3.57%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$25.81M	$30.01M	$53.35M
YoY Change
Total Liabilities & Shareholders Equity	$65.46M	$71.19M	$92.61M
YoY Change	-25.9%	-23.13%	9.85%

Cashflow Statement

Concept	2018 Q2	2018 Q1	2017 Q1
OPERATING ACTIVITIES
Net Income	-$6.250M	-$9.180M	-$8.220M
YoY Change	-14.38%	11.68%	-18.45%
Depreciation, Depletion And Amortization	$990.0K	$980.0K	$902.0K
YoY Change	4.21%	8.65%	18.37%
Cash From Operating Activities	-$3.100M	-$7.413M	-$8.090M
YoY Change	-36.86%	-8.37%	-5.93%
INVESTING ACTIVITIES
Capital Expenditures	-$530.0K	$227.0K	$615.0K
YoY Change	381.82%	-63.09%	-78.46%
Acquisitions
YoY Change
Other Investing Activities	$0.00	$0.00	$440.0K
YoY Change		-100.0%	-466.67%
Cash From Investing Activities	-$530.0K	-$227.0K	-$180.0K
YoY Change	381.82%	26.11%	-93.96%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net		$0.00	$200.0K
YoY Change		-100.0%
Debt Paid & Issued, Net		$0.00	$0.00
YoY Change			-100.0%
Cash From Financing Activities	240.0K	$901.0K	550.0K
YoY Change	-1300.0%	63.82%	-97.24%
NET CHANGE
Cash From Operating Activities	-3.100M	-$7.413M	-8.090M
Cash From Investing Activities	-530.0K	-$227.0K	-180.0K
Cash From Financing Activities	240.0K	$901.0K	550.0K
Net Change In Cash	-3.390M	-$6.739M	-7.720M
YoY Change	-32.74%	-12.71%	-192.23%
FREE CASH FLOW
Cash From Operating Activities	-$3.100M	-$7.413M	-$8.090M
Capital Expenditures	-$530.0K	$227.0K	$615.0K
Free Cash Flow	-$2.570M	-$7.640M	-$8.705M
YoY Change	-46.46%	-12.23%	-24.01%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2018Q1	us-gaap	Common Stock Capital Shares Reserved For Future Issuance CommonStockCapitalSharesReservedForFutureIssuance	8902729	shares
CY2018Q1	dei	Entity Registrant Name EntityRegistrantName	VERACYTE, INC.
CY2018Q1	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2018Q1	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	No
CY2017Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	3853000	USD
CY2018Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	3356000	USD
CY2017Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	12716000	USD
CY2018Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	13198000	USD
CY2018Q1	dei	Amendment Flag AmendmentFlag	false
CY2018Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2018Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2018Q1	us-gaap	Capital Leases Future Minimum Payments Due In Two Years CapitalLeasesFutureMinimumPaymentsDueInTwoYears	317000	USD
CY2018Q1	us-gaap	Capital Leases Future Minimum Payments Remainder Of Fiscal Year CapitalLeasesFutureMinimumPaymentsRemainderOfFiscalYear	238000	USD
CY2018Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2018
CY2018Q1	dei	Document Period End Date DocumentPeriodEndDate	2018-03-31
CY2018Q1	dei	Document Type DocumentType	10-Q
CY2017Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	33891000	USD
CY2018Q1	dei	Entity Central Index Key EntityCentralIndexKey	0001384101
CY2018Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	34346004	shares
CY2018Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2018Q1	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
CY2017Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	8175000	USD
CY2018Q1	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	8483000	USD
CY2017Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	248278000	USD
CY2018Q1	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	250238000	USD
CY2017Q1	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	26000	USD
CY2018Q1	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	8000	USD
CY2017Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	267000	USD
CY2018Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	267000	USD
CY2017Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	5707064	shares
CY2018Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	6209657	shares
CY2017Q4	us-gaap	Assets Assets	78669000	USD
CY2018Q1	us-gaap	Assets Assets	71190000	USD
CY2017Q4	us-gaap	Assets Current AssetsCurrent	53928000	USD
CY2018Q1	us-gaap	Assets Current AssetsCurrent	47049000	USD
CY2017Q4	us-gaap	Capital Lease Obligations CapitalLeaseObligations	308000	USD
CY2018Q1	us-gaap	Capital Lease Obligations CapitalLeaseObligations	233000	USD
CY2018Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	27152000	USD
CY2017Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2018Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2017Q4	us-gaap	Common Stock Capital Shares Reserved For Future Issuance CommonStockCapitalSharesReservedForFutureIssuance	7650990	shares
CY2017Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2018Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2017Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	125000000	shares
CY2018Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	125000000	shares
CY2017Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	34210388	shares
CY2018Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	34326808	shares
CY2017Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	34210388	shares
CY2018Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	34326808	shares
CY2017Q4	us-gaap	Common Stock Value CommonStockValue	34000	USD
CY2018Q1	us-gaap	Common Stock Value CommonStockValue	34000	USD
CY2017Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-8217000	USD
CY2018Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-9177000	USD
CY2017Q1	us-gaap	Cost Of Revenue CostOfRevenue	6297000	USD
CY2018Q1	us-gaap	Cost Of Revenue CostOfRevenue	7867000	USD
CY2017Q1	us-gaap	Costs And Expenses CostsAndExpenses	23949000	USD
CY2018Q1	us-gaap	Costs And Expenses CostsAndExpenses	28996000	USD
CY2017Q4	us-gaap	Deferred Rent Credit Noncurrent DeferredRentCreditNoncurrent	4170000	USD
CY2018Q1	us-gaap	Deferred Rent Credit Noncurrent DeferredRentCreditNoncurrent	4094000	USD
CY2017Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	902000	USD
CY2018Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	980000	USD
CY2017Q1	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.24
CY2018Q1	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.27
CY2017Q4	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	5293000	USD
CY2018Q1	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	5731000	USD
CY2017Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	13067000	USD
CY2018Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	12800000	USD
CY2017Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	6019000	USD
CY2018Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	5644000	USD
CY2017Q4	us-gaap	Goodwill Goodwill	1057000	USD
CY2018Q1	us-gaap	Goodwill Goodwill	1057000	USD
CY2017Q1	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	528000	USD
CY2018Q1	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-510000	USD
CY2017Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	369000	USD
CY2018Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	482000	USD
CY2017Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-32000	USD
CY2018Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-767000	USD
CY2017Q1	us-gaap	Increase Decrease In Other Noncurrent Assets IncreaseDecreaseInOtherNoncurrentAssets	-7000	USD
CY2018Q1	us-gaap	Increase Decrease In Other Noncurrent Assets IncreaseDecreaseInOtherNoncurrentAssets	140000	USD
CY2017Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	244000	USD
CY2018Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	239000	USD
CY2017Q1	us-gaap	Interest Expense InterestExpense	800000	USD
CY2018Q1	us-gaap	Interest Expense InterestExpense	448000	USD
CY2017Q1	us-gaap	Interest Paid InterestPaid	770000	USD
CY2018Q1	us-gaap	Interest Paid InterestPaid	356000	USD
CY2017Q4	us-gaap	Inventory Net InventoryNet	5324000	USD
CY2018Q1	us-gaap	Inventory Net InventoryNet	4557000	USD
CY2017Q4	us-gaap	Liabilities Liabilities	41444000	USD
CY2018Q1	us-gaap	Liabilities Liabilities	41182000	USD
CY2017Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	78669000	USD
CY2018Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	71190000	USD
CY2017Q4	us-gaap	Liabilities Current LiabilitiesCurrent	12028000	USD
CY2018Q1	us-gaap	Liabilities Current LiabilitiesCurrent	11839000	USD
CY2017Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	24938000	USD
CY2018Q1	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	25016000	USD
CY2017Q1	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	548000	USD
CY2018Q1	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	901000	USD
CY2017Q1	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-175000	USD
CY2018Q1	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-227000	USD
CY2017Q1	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	-8086000	USD
CY2017Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2018Q1	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2017Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	5000000	shares
CY2018Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	5000000	shares
CY2017Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2018Q1	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	-7413000	USD
CY2017Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-8217000	USD
CY2018Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-9177000	USD
CY2018Q1	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	1
CY2017Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-7517000	USD
CY2018Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-8955000	USD
CY2018Q1	us-gaap	Operating Leases Future Minimum Payments Due OperatingLeasesFutureMinimumPaymentsDue	20398000	USD
CY2018Q1	us-gaap	Operating Leases Future Minimum Payments Due In Five Years OperatingLeasesFutureMinimumPaymentsDueInFiveYears	2472000	USD
CY2018Q1	us-gaap	Operating Leases Future Minimum Payments Due In Four Years OperatingLeasesFutureMinimumPaymentsDueInFourYears	2401000	USD
CY2018Q1	us-gaap	Operating Leases Future Minimum Payments Due In Three Years OperatingLeasesFutureMinimumPaymentsDueInThreeYears	2332000	USD
CY2018Q1	us-gaap	Operating Leases Future Minimum Payments Due In Two Years OperatingLeasesFutureMinimumPaymentsDueInTwoYears	2227000	USD
CY2018Q1	us-gaap	Operating Leases Future Minimum Payments Due Thereafter OperatingLeasesFutureMinimumPaymentsDueThereafter	9384000	USD
CY2018Q1	us-gaap	Operating Leases Future Minimum Payments Remainder Of Fiscal Year OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear	1582000	USD
CY2017Q1	us-gaap	Operating Leases Rent Expense Net OperatingLeasesRentExpenseNet	457000	USD
CY2018Q1	us-gaap	Operating Leases Rent Expense Net OperatingLeasesRentExpenseNet	476000	USD
CY2017Q4	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	2882000	USD
CY2018Q1	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	2752000	USD
CY2017Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	326000	USD
CY2018Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	466000	USD
CY2017Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	100000	USD
CY2018Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	226000	USD
CY2017Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	615000	USD
CY2018Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	227000	USD
CY2018Q1	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2017Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2018Q1	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2017Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2018Q1	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2017Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	1997000	USD
CY2018Q1	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	2142000	USD
CY2017Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	200000	USD
CY2018Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	0	USD
CY2017Q1	us-gaap	Proceeds From Legal Settlements ProceedsFromLegalSettlements	0	USD
CY2018Q1	us-gaap	Proceeds From Legal Settlements ProceedsFromLegalSettlements	403000	USD
CY2017Q1	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	440000	USD
CY2018Q1	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	0	USD
CY2017Q1	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	414000	USD
CY2018Q1	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	569000	USD
CY2017Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	9688000	USD
CY2018Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	9215000	USD
CY2017Q1	us-gaap	Repayments Of Long Term Capital Lease Obligations RepaymentsOfLongTermCapitalLeaseObligations	66000	USD
CY2018Q1	us-gaap	Repayments Of Long Term Capital Lease Obligations RepaymentsOfLongTermCapitalLeaseObligations	71000	USD
CY2017Q1	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	4030000	USD
CY2018Q1	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	3675000	USD
CY2017Q4	us-gaap	Restricted Cash And Cash Equivalents Noncurrent RestrictedCashAndCashEquivalentsNoncurrent	603000	USD
CY2018Q1	us-gaap	Restricted Cash And Cash Equivalents Noncurrent RestrictedCashAndCashEquivalentsNoncurrent	603000	USD
CY2017Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-211087000	USD
CY2018Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-220264000	USD
CY2017Q1	us-gaap	Sales Revenue Net SalesRevenueNet	16432000	USD
CY2018Q1	us-gaap	Sales Revenue Net SalesRevenueNet	20041000	USD
CY2017Q1	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	7336000	USD
CY2018Q1	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	11543000	USD
CY2017Q1	us-gaap	Share Based Compensation ShareBasedCompensation	1572000	USD
CY2018Q1	us-gaap	Share Based Compensation ShareBasedCompensation	1175000	USD
CY2017Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	6061081	shares
CY2018Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	7012735	shares
CY2017Q4	us-gaap	Stockholders Equity StockholdersEquity	37225000	USD
CY2018Q1	us-gaap	Stockholders Equity StockholdersEquity	30008000	USD
CY2018Q1	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	2500000	USD
CY2018Q1	us-gaap	Unrecognized Tax Benefits Income Tax Penalties And Interest Expense UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense	0	USD
CY2017Q1	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	33823889	shares
CY2018Q1	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	34271254	shares
CY2017Q1	vcyt	Capital Expenditures Incurred But Not Yet Paid Net CapitalExpendituresIncurredButNotYetPaidNet	0	USD
CY2018Q1	vcyt	Capital Expenditures Incurred But Not Yet Paid Net CapitalExpendituresIncurredButNotYetPaidNet	56000	USD
CY2016Q4	vcyt	Cash Cash Equivalents Restricted Cashand Restricted Cash Equivalents CashCashEquivalentsRestrictedCashandRestrictedCashEquivalents	59942000	USD
CY2017Q1	vcyt	Cash Cash Equivalents Restricted Cashand Restricted Cash Equivalents CashCashEquivalentsRestrictedCashandRestrictedCashEquivalents	52229000	USD
CY2017Q4	vcyt	Cash Cash Equivalents Restricted Cashand Restricted Cash Equivalents CashCashEquivalentsRestrictedCashandRestrictedCashEquivalents	34494000	USD
CY2018Q1	vcyt	Cash Cash Equivalents Restricted Cashand Restricted Cash Equivalents CashCashEquivalentsRestrictedCashandRestrictedCashEquivalents	27755000	USD
CY2017Q1	vcyt	Cash Cash Equivalents Restricted Cashand Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashandRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-7713000	USD
CY2018Q1	vcyt	Cash Cash Equivalents Restricted Cashand Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashandRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-6739000	USD
CY2017Q1	vcyt	Increase Decrease In Accrued Liabilities And Deferred Rent IncreaseDecreaseInAccruedLiabilitiesAndDeferredRent	-2323000	USD
CY2018Q1	vcyt	Increase Decrease In Accrued Liabilities And Deferred Rent IncreaseDecreaseInAccruedLiabilitiesAndDeferredRent	228000	USD
CY2017Q1	vcyt	Interest Expenseand Prepayment Penalty InterestExpenseandPrepaymentPenalty	0	USD
CY2018Q1	vcyt	Interest Expenseand Prepayment Penalty InterestExpenseandPrepaymentPenalty	70000	USD
CY2018Q1	vcyt	Litigation Settlement Amount Awardedfrom Other Party LitigationSettlementAmountAwardedfromOtherParty	400000	USD
CY2018Q1	vcyt	Number Of Major Financial Institutions With Which Cash And Cash Equivalents Deposited NumberOfMajorFinancialInstitutionsWithWhichCashAndCashEquivalentsDeposited	1
CY2018Q1	vcyt	Numberof Products NumberofProducts	3	product
CY2016Q3	vcyt	Revenue Recognized Received In Cash RevenueRecognizedReceivedInCash	4700000	USD
CY2017Q1	vcyt	Revenue Recognized Received In Cash RevenueRecognizedReceivedInCash	1300000	USD
CY2017Q4	vcyt	Revenue Recognized Received In Cash RevenueRecognizedReceivedInCash	328000	USD
CY2018Q1	vcyt	Revenue Recognized Received In Cash RevenueRecognizedReceivedInCash	0	USD
CY2017Q1	vcyt	Tax Benefitfrom Legal Settlement TaxBenefitfromLegalSettlement	0	USD
CY2018Q1	vcyt	Tax Benefitfrom Legal Settlement TaxBenefitfromLegalSettlement	93000	USD
CY2018Q1	us-gaap	Use Of Estimates UseOfEstimates	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of unaudited interim financial statements in conformity with 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; contractual allowances; the useful lives of property and equipment; the recoverability of long-lived assets; the estimation of the fair value of intangible assets; stock options; 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></div></div>

Files In Submission

Name	View Source	Status
0001384101-18-000026-index-headers.html	Edgar Link	pending
0001384101-18-000026-index.html	Edgar Link	pending
0001384101-18-000026.txt	Edgar Link	pending
0001384101-18-000026-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	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
R4.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
vcyt-03312018x10q.htm	Edgar Link	pending
vcyt-03312018xex10.htm	Edgar Link	pending
vcyt-03312018xex311.htm	Edgar Link	pending
vcyt-03312018xex312.htm	Edgar Link	pending
vcyt-03312018xex321.htm	Edgar Link	pending
vcyt-03312018xex322.htm	Edgar Link	pending
vcyt-20180331.xml	Edgar Link	completed
vcyt-20180331.xsd	Edgar Link	pending
vcyt-20180331_cal.xml	Edgar Link	unprocessable
vcyt-20180331_def.xml	Edgar Link	unprocessable
vcyt-20180331_lab.xml	Edgar Link	unprocessable
vcyt-20180331_pre.xml	Edgar Link	unprocessable

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$VCYT
VERACYTE, INC. Stock $vcyt

2018 Q2 Form 10-Q Financial Statement

#000138410118000026 Filed on May 01, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$VCYT VERACYTE, INC. Stock $vcyt

2018 Q2 Form 10-Q Financial Statement

#000138410118000026 Filed on May 01, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$VCYT
VERACYTE, INC. Stock $vcyt