$VCYT
VERACYTE, INC. Stock $vcyt

$vcyt Overview Financials Valuation SEC Filings Company Website

2018 Q3 Form 10-Q Financial Statement

#000138410118000060 Filed on July 23, 2018

Income Statement

Concept	2018 Q3	2018 Q2	2017 Q2
Revenue	$23.47M	$22.75M	$18.41M
YoY Change	33.95%	23.61%	25.42%
Cost Of Revenue	$8.261M	$8.246M	$6.960M
YoY Change	15.23%	18.48%	10.46%
Gross Profit	$15.21M	$14.51M	$11.45M
YoY Change	46.91%	26.73%	36.68%
Gross Profit Margin	64.8%	63.76%	62.19%
Selling, General & Admin	$15.82M	$15.56M	$14.19M
YoY Change	18.04%	9.65%	-1.03%
% of Gross Profit	104.06%	107.24%	123.94%
Research & Development	$3.419M	$4.601M	$3.603M
YoY Change	12.25%	27.7%	-15.56%
% of Gross Profit	22.49%	31.72%	31.48%
Depreciation & Amortization	$980.0K	$990.0K	$950.0K
YoY Change	-1.01%	4.21%	1.06%
% of Gross Profit	6.45%	6.83%	8.3%
Operating Expenses	$19.24M	$20.16M	$17.79M
YoY Change	16.97%	13.31%	-4.37%
Operating Profit	-$4.304M	-$5.917M	-$6.609M
YoY Change	-32.41%	-10.47%	-37.02%
Interest Expense	$498.0K	$481.0K	$808.0K
YoY Change	-38.9%	-40.47%	2.93%
% of Operating Profit
Other Income/Expense, Net	$333.0K	$150.0K	$119.0K
YoY Change	148.51%	26.05%	230.56%
Pretax Income	-$4.470M	-$6.250M	-$7.300M
YoY Change	-36.6%	-14.38%	-35.05%
Income Tax
% Of Pretax Income
Net Earnings	-$4.470M	-$6.250M	-$7.300M
YoY Change	-36.6%	-14.38%	-35.05%
Net Earnings / Revenue	-19.05%	-27.47%	-39.66%
Basic Earnings Per Share
Diluted Earnings Per Share	-$115.7K	-$182.2K	-$215.5K
COMMON SHARES
Basic Shares Outstanding	34.53M shares	34.35M shares	33.87M shares
Diluted Shares Outstanding

Balance Sheet

Concept	2018 Q3	2018 Q2	2017 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$77.80M	$23.80M	$46.50M
YoY Change	88.83%	-48.82%	19.23%
Cash & Equivalents	$77.85M	$23.76M	$46.46M
Short-Term Investments
Other Short-Term Assets	$1.800M	$1.800M	$2.000M
YoY Change	12.5%	-10.0%	33.33%
Inventory	$3.463M	$3.049M	$3.317M
Prepaid Expenses
Receivables	$12.26M	$13.01M	$11.03M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$95.37M	$41.64M	$62.86M
YoY Change	63.85%	-33.77%	32.62%
LONG-TERM ASSETS
Property, Plant & Equipment	$8.939M	$9.035M	$10.09M
YoY Change	-13.05%	-10.48%	-7.72%
Goodwill	$1.057M	$1.057M	$1.057M
YoY Change	0.0%	0.0%	0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$837.0K	$598.0K	$134.0K
YoY Change	370.22%	346.27%	-22.09%
Total Long-Term Assets	$23.70M	$23.83M	$25.49M
YoY Change	-6.87%	-6.52%	-7.1%
TOTAL ASSETS
Total Short-Term Assets	$95.37M	$41.64M	$62.86M
Total Long-Term Assets	$23.70M	$23.83M	$25.49M
Total Assets	$119.1M	$65.46M	$88.35M
YoY Change	42.34%	-25.9%	18.06%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$1.175M	$1.962M	$2.349M
YoY Change	-62.83%	-16.48%	-13.16%
Accrued Expenses	$9.261M	$8.429M	$8.450M
YoY Change	14.93%	-0.25%	-5.16%
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	$10.44M	$10.39M	$10.80M
YoY Change	-6.98%	-3.78%	-8.81%
LONG-TERM LIABILITIES
Long-Term Debt	$25.19M	$25.10M	$24.97M
YoY Change	0.78%	0.53%	1.22%
Other Long-Term Liabilities	$4.000M	$4.000M	$4.300M
YoY Change	-4.76%	-6.98%	-6.52%
Total Long-Term Liabilities	$25.19M	$25.10M	$24.97M
YoY Change	0.78%	0.53%	1.22%
TOTAL LIABILITIES
Total Short-Term Liabilities	$10.44M	$10.39M	$10.80M
Total Long-Term Liabilities	$25.19M	$25.10M	$24.97M
Total Liabilities	$39.66M	$39.66M	$40.50M
YoY Change	-2.9%	-2.09%	-1.4%
SHAREHOLDERS EQUITY
Retained Earnings	-$231.0M	-$226.5M	-$195.6M
YoY Change	13.98%	15.8%	15.03%
Common Stock	$310.4M	$252.3M	$243.4M
YoY Change	26.45%	3.65%	19.45%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$79.42M	$25.81M	$47.84M
YoY Change
Total Liabilities & Shareholders Equity	$119.1M	$65.46M	$88.35M
YoY Change	42.34%	-25.9%	18.06%

Cashflow Statement

Concept	2018 Q3	2018 Q2	2017 Q2
OPERATING ACTIVITIES
Net Income	-$4.470M	-$6.250M	-$7.300M
YoY Change	-36.6%	-14.38%	-35.05%
Depreciation, Depletion And Amortization	$980.0K	$990.0K	$950.0K
YoY Change	-1.01%	4.21%	1.06%
Cash From Operating Activities	-$1.790M	-$3.100M	-$4.910M
YoY Change	-64.9%	-36.86%	-36.32%
INVESTING ACTIVITIES
Capital Expenditures	-$660.0K	-$530.0K	-$110.0K
YoY Change	-9.59%	381.82%	-84.93%
Acquisitions
YoY Change
Other Investing Activities	$0.00	$0.00	$0.00
YoY Change			-100.0%
Cash From Investing Activities	-$660.0K	-$530.0K	-$110.0K
YoY Change	-9.59%	381.82%	-81.97%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net	$55.00M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	56.53M	240.0K	-20.00K
YoY Change	12747.73%	-1300.0%	-85.71%
NET CHANGE
Cash From Operating Activities	-1.790M	-3.100M	-4.910M
Cash From Investing Activities	-660.0K	-530.0K	-110.0K
Cash From Financing Activities	56.53M	240.0K	-20.00K
Net Change In Cash	54.08M	-3.390M	-5.040M
YoY Change	-1103.34%	-32.74%	-40.43%
FREE CASH FLOW
Cash From Operating Activities	-$1.790M	-$3.100M	-$4.910M
Capital Expenditures	-$660.0K	-$530.0K	-$110.0K
Free Cash Flow	-$1.130M	-$2.570M	-$4.800M
YoY Change	-74.14%	-46.46%	-31.23%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2017Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	8175000	USD
CY2018Q2	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	8429000	USD
CY2017Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	248278000	USD
CY2018Q2	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	252284000	USD
	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	53000	USD
	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	16000	USD
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2018
	dei	Document Period End Date DocumentPeriodEndDate	2018-06-30
	dei	Document Type DocumentType	10-Q
	dei	Entity Central Index Key EntityCentralIndexKey	0001384101
CY2018Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	34533302	shares
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
	dei	Entity Registrant Name EntityRegistrantName	VERACYTE, INC.
	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	No
CY2017Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	3853000	USD
CY2018Q2	us-gaap	Accounts Payable Current AccountsPayableCurrent	1962000	USD
CY2017Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	12716000	USD
CY2018Q2	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	13006000	USD
CY2017Q2	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	266000	USD
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	533000	USD
CY2018Q2	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	266000	USD
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	533000	USD
CY2017Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	6547997	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	6129854	shares
CY2018Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	6702179	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	6457257	shares
CY2018Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	24361000	USD
CY2018Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	125000000	shares
CY2017Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	34210388	shares
CY2018Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	34441714	shares
CY2017Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	34210388	shares
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-12756000	USD
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-10133000	USD
CY2018Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	34441714	shares
CY2017Q4	us-gaap	Common Stock Value CommonStockValue	34000	USD
CY2018Q2	us-gaap	Common Stock Value CommonStockValue	34000	USD
CY2017Q4	us-gaap	Assets Assets	78669000	USD
CY2017Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-7298000	USD
CY2018Q2	us-gaap	Capital Leases Future Minimum Payments Due In Two Years CapitalLeasesFutureMinimumPaymentsDueInTwoYears	317000	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-15515000	USD
CY2018Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-6248000	USD
CY2018Q2	us-gaap	Capital Leases Future Minimum Payments Remainder Of Fiscal Year CapitalLeasesFutureMinimumPaymentsRemainderOfFiscalYear	159000	USD
CY2017Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	33891000	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-15425000	USD
CY2018Q2	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	450000	USD
CY2017Q2	us-gaap	Cost Of Revenue CostOfRevenue	6960000	USD
CY2018Q2	us-gaap	Assets Assets	65461000	USD
	us-gaap	Cost Of Revenue CostOfRevenue	13257000	USD
CY2018Q2	us-gaap	Cost Of Revenue CostOfRevenue	8246000	USD
CY2018Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	23758000	USD
CY2016Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	59942000	USD
CY2017Q4	us-gaap	Assets Current AssetsCurrent	53928000	USD
CY2017Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2018Q2	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2017Q4	us-gaap	Common Stock Capital Shares Reserved For Future Issuance CommonStockCapitalSharesReservedForFutureIssuance	7650990	shares
CY2018Q2	us-gaap	Assets Current AssetsCurrent	41635000	USD
CY2018Q2	us-gaap	Common Stock Capital Shares Reserved For Future Issuance CommonStockCapitalSharesReservedForFutureIssuance	8787823	shares
CY2017Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2017Q4	us-gaap	Capital Lease Obligations CapitalLeaseObligations	308000	USD
CY2018Q2	us-gaap	Capital Lease Obligations CapitalLeaseObligations	156000	USD
CY2018Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2017Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	125000000	shares
CY2017Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	47186000	USD
CY2017Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	34494000	USD
	us-gaap	Cost Of Revenue CostOfRevenue	16113000	USD
CY2017Q2	us-gaap	Costs And Expenses CostsAndExpenses	25015000	USD
	us-gaap	Costs And Expenses CostsAndExpenses	48964000	USD
CY2018Q2	us-gaap	Costs And Expenses CostsAndExpenses	28668000	USD
	us-gaap	Costs And Expenses CostsAndExpenses	57664000	USD
CY2017Q4	us-gaap	Deferred Rent Credit Noncurrent DeferredRentCreditNoncurrent	4170000	USD
CY2018Q2	us-gaap	Deferred Rent Credit Noncurrent DeferredRentCreditNoncurrent	4005000	USD
CY2018Q2	us-gaap	Deferred Revenue DeferredRevenue	500000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	1846000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	1969000	USD
CY2017Q2	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.22
	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.46
CY2018Q2	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.18
	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.45
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	1140000	USD
CY2017Q4	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	5293000	USD
CY2018Q2	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	5052000	USD
CY2017Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	13067000	USD
CY2018Q2	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	12533000	USD
CY2017Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	6192000	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	12211000	USD
CY2018Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	5932000	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	11576000	USD
CY2017Q4	us-gaap	Goodwill Goodwill	1057000	USD
CY2018Q2	us-gaap	Goodwill Goodwill	1057000	USD
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	266000	USD
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-1912000	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	2271000	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	290000	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-158000	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-2275000	USD
	us-gaap	Increase Decrease In Other Noncurrent Assets IncreaseDecreaseInOtherNoncurrentAssets	0	USD
	us-gaap	Increase Decrease In Other Noncurrent Assets IncreaseDecreaseInOtherNoncurrentAssets	272000	USD
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-25000	USD
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-98000	USD
CY2017Q2	us-gaap	Interest Expense InterestExpense	808000	USD
	us-gaap	Interest Expense InterestExpense	1608000	USD
CY2018Q2	us-gaap	Interest Expense InterestExpense	481000	USD
	us-gaap	Interest Expense InterestExpense	929000	USD
	us-gaap	Interest Paid InterestPaid	1540000	USD
	us-gaap	Interest Paid InterestPaid	741000	USD
CY2017Q4	us-gaap	Inventory Net InventoryNet	5324000	USD
CY2018Q2	us-gaap	Inventory Net InventoryNet	3049000	USD
CY2017Q4	us-gaap	Liabilities Liabilities	41444000	USD
CY2018Q2	us-gaap	Liabilities Liabilities	39655000	USD
CY2017Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	78669000	USD
CY2018Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	65461000	USD
CY2017Q4	us-gaap	Liabilities Current LiabilitiesCurrent	12028000	USD
CY2018Q2	us-gaap	Liabilities Current LiabilitiesCurrent	10391000	USD
CY2018Q1	us-gaap	Litigation Settlement Amount Awarded From Other Party LitigationSettlementAmountAwardedFromOtherParty	400000	USD
CY2017Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	24938000	USD
CY2018Q2	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	25103000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	528000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-288000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-761000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-12996000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-10512000	USD
CY2017Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-7298000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-15515000	USD
CY2018Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-6248000	USD
CY2017Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	1997000	USD
CY2018Q2	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	1822000	USD
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	200000	USD
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	0	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-15425000	USD
	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	1
CY2017Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-6609000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	-14126000	USD
CY2018Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-5917000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	-14872000	USD
CY2018Q2	us-gaap	Operating Leases Future Minimum Payments Due OperatingLeasesFutureMinimumPaymentsDue	19846000	USD
CY2018Q2	us-gaap	Operating Leases Future Minimum Payments Due In Five Years OperatingLeasesFutureMinimumPaymentsDueInFiveYears	2472000	USD
CY2018Q2	us-gaap	Operating Leases Future Minimum Payments Due In Four Years OperatingLeasesFutureMinimumPaymentsDueInFourYears	2401000	USD
CY2018Q2	us-gaap	Operating Leases Future Minimum Payments Due In Three Years OperatingLeasesFutureMinimumPaymentsDueInThreeYears	2332000	USD
CY2018Q2	us-gaap	Operating Leases Future Minimum Payments Due In Two Years OperatingLeasesFutureMinimumPaymentsDueInTwoYears	2227000	USD
CY2018Q2	us-gaap	Operating Leases Future Minimum Payments Due Thereafter OperatingLeasesFutureMinimumPaymentsDueThereafter	9384000	USD
CY2018Q2	us-gaap	Operating Leases Future Minimum Payments Remainder Of Fiscal Year OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear	1030000	USD
CY2017Q2	us-gaap	Operating Leases Rent Expense Net OperatingLeasesRentExpenseNet	455000	USD
	us-gaap	Operating Leases Rent Expense Net OperatingLeasesRentExpenseNet	912000	USD
CY2018Q2	us-gaap	Operating Leases Rent Expense Net OperatingLeasesRentExpenseNet	476000	USD
	us-gaap	Operating Leases Rent Expense Net OperatingLeasesRentExpenseNet	953000	USD
CY2017Q4	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	2882000	USD
CY2018Q2	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	3377000	USD
CY2017Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	326000	USD
CY2018Q2	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	598000	USD
CY2017Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	119000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	219000	USD
CY2018Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	150000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	376000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	728000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	761000	USD
CY2017Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2018Q2	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2017Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	5000000	shares
CY2018Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	5000000	shares
CY2017Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2018Q2	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2017Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2018Q2	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2017Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2018Q2	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
	us-gaap	Proceeds From Legal Settlements ProceedsFromLegalSettlements	0	USD
	us-gaap	Proceeds From Legal Settlements ProceedsFromLegalSettlements	403000	USD
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	440000	USD
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	0	USD
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	463000	USD
CY2017Q2	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	3603000	USD
CY2017Q2	vcyt	Revenue Recognized Received In Cash RevenueRecognizedReceivedInCash	795000	USD
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	881000	USD
CY2017Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	9688000	USD
CY2018Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	9035000	USD
	us-gaap	Repayments Of Long Term Capital Lease Obligations RepaymentsOfLongTermCapitalLeaseObligations	135000	USD
	us-gaap	Repayments Of Long Term Capital Lease Obligations RepaymentsOfLongTermCapitalLeaseObligations	144000	USD
	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	7633000	USD
CY2018Q2	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	4601000	USD
	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	8276000	USD
CY2017Q4	us-gaap	Restricted Cash And Cash Equivalents Noncurrent RestrictedCashAndCashEquivalentsNoncurrent	603000	USD
CY2018Q2	us-gaap	Restricted Cash And Cash Equivalents Noncurrent RestrictedCashAndCashEquivalentsNoncurrent	603000	USD
CY2017Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-211087000	USD
CY2018Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-226512000	USD
CY2018Q2	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	250000	USD
CY2017Q2	us-gaap	Sales Revenue Net SalesRevenueNet	18406000	USD
	us-gaap	Sales Revenue Net SalesRevenueNet	34838000	USD
CY2018Q2	us-gaap	Sales Revenue Net SalesRevenueNet	22751000	USD
	us-gaap	Sales Revenue Net SalesRevenueNet	42792000	USD
CY2017Q2	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	7994000	USD
	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	15330000	USD
CY2018Q2	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	9623000	USD
	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	21166000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	3214000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	2906000	USD
CY2017Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	6061081	shares
CY2018Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	6761730	shares
CY2017Q4	us-gaap	Stockholders Equity StockholdersEquity	37225000	USD
CY2018Q2	us-gaap	Stockholders Equity StockholdersEquity	25806000	USD
CY2018Q2	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	2500000	USD
	us-gaap	Unrecognized Tax Benefits Income Tax Penalties And Interest Expense UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense	0	USD
CY2017Q2	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	33873128	shares
	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	33848645	shares
CY2018Q2	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	34314234	shares
	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	34320793	shares
	vcyt	Capital Expenditures Incurred But Not Yet Paid Net CapitalExpendituresIncurredButNotYetPaidNet	0	USD
	vcyt	Capital Expenditures Incurred But Not Yet Paid Net CapitalExpendituresIncurredButNotYetPaidNet	63000	USD
	vcyt	Increase Decrease In Accrued Liabilities And Deferred Rent IncreaseDecreaseInAccruedLiabilitiesAndDeferredRent	-772000	USD
	vcyt	Increase Decrease In Accrued Liabilities And Deferred Rent IncreaseDecreaseInAccruedLiabilitiesAndDeferredRent	67000	USD
	vcyt	Interest Expenseand Prepayment Penalty InterestExpenseandPrepaymentPenalty	0	USD
	vcyt	Interest Expenseand Prepayment Penalty InterestExpenseandPrepaymentPenalty	149000	USD
CY2018Q2	vcyt	Number Of Major Financial Institutions With Which Cash And Cash Equivalents Deposited NumberOfMajorFinancialInstitutionsWithWhichCashAndCashEquivalentsDeposited	1
	vcyt	Numberof Products NumberofProducts	3	product
	vcyt	Revenue Recognized Received In Cash RevenueRecognizedReceivedInCash	2100000	USD
CY2018Q2	vcyt	Revenue Recognized Received In Cash RevenueRecognizedReceivedInCash	0	USD
	vcyt	Revenue Recognized Received In Cash RevenueRecognizedReceivedInCash	0	USD
	vcyt	Tax Benefitfrom Legal Settlement TaxBenefitfromLegalSettlement	0	USD
	vcyt	Tax Benefitfrom Legal Settlement TaxBenefitfromLegalSettlement	93000	USD
	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
0001384101-18-000060-index-headers.html	Edgar Link	pending
0001384101-18-000060-index.html	Edgar Link	pending
0001384101-18-000060.txt	Edgar Link	pending
0001384101-18-000060-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
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R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
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R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
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R35.htm	Edgar Link	pending
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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-06302018x10q.htm	Edgar Link	pending
vcyt-06302018xex311.htm	Edgar Link	pending
vcyt-06302018xex312.htm	Edgar Link	pending
vcyt-06302018xex321.htm	Edgar Link	pending
vcyt-06302018xex322.htm	Edgar Link	pending
vcyt-20180630.xml	Edgar Link	completed
vcyt-20180630.xsd	Edgar Link	pending
vcyt-20180630_cal.xml	Edgar Link	unprocessable
vcyt-20180630_def.xml	Edgar Link	unprocessable
vcyt-20180630_lab.xml	Edgar Link	unprocessable
vcyt-20180630_pre.xml	Edgar Link	unprocessable

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$VCYT
VERACYTE, INC. Stock $vcyt

2018 Q3 Form 10-Q Financial Statement

#000138410118000060 Filed on July 23, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$VCYT VERACYTE, INC. Stock $vcyt

2018 Q3 Form 10-Q Financial Statement

#000138410118000060 Filed on July 23, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$VCYT
VERACYTE, INC. Stock $vcyt