2019 Q4 Form 10-Q Financial Statement
#000138410119000132 Filed on October 22, 2019
Income Statement
Concept | 2019 Q4 | 2019 Q3 | 2018 Q3 |
---|---|---|---|
Revenue | $29.73M | $30.97M | $23.47M |
YoY Change | 15.46% | 31.99% | 33.95% |
Cost Of Revenue | $10.12M | $9.114M | $8.261M |
YoY Change | 16.32% | 10.33% | 15.23% |
Gross Profit | $19.61M | $21.86M | $15.21M |
YoY Change | 15.01% | 43.76% | 46.91% |
Gross Profit Margin | 65.96% | 70.57% | 64.8% |
Selling, General & Admin | $22.40M | $19.71M | $15.82M |
YoY Change | 37.34% | 24.58% | 18.04% |
% of Gross Profit | 114.23% | 90.18% | 104.06% |
Research & Development | $4.370M | $3.643M | $3.419M |
YoY Change | 42.81% | 6.55% | 12.25% |
% of Gross Profit | 22.28% | 16.67% | 22.49% |
Depreciation & Amortization | $1.280M | $970.0K | $980.0K |
YoY Change | 31.96% | -1.02% | -1.01% |
% of Gross Profit | 6.53% | 4.44% | 6.45% |
Operating Expenses | $27.81M | $23.36M | $19.24M |
YoY Change | 38.29% | 21.38% | 16.97% |
Operating Profit | -$8.200M | -$1.763M | -$4.304M |
YoY Change | 167.97% | -59.04% | -32.41% |
Interest Expense | -$80.00K | $58.00K | $498.0K |
YoY Change | -85.19% | -88.35% | -38.9% |
% of Operating Profit | |||
Other Income/Expense, Net | $820.0K | $1.091M | $333.0K |
YoY Change | 67.35% | 227.63% | 148.51% |
Pretax Income | -$7.460M | -$730.0K | -$4.470M |
YoY Change | 139.87% | -83.67% | -36.6% |
Income Tax | $0.00 | ||
% Of Pretax Income | |||
Net Earnings | -$7.458M | -$730.0K | -$4.470M |
YoY Change | 139.81% | -83.67% | -36.6% |
Net Earnings / Revenue | -25.09% | -2.36% | -19.05% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$151.8K | -$15.02K | -$115.7K |
COMMON SHARES | |||
Basic Shares Outstanding | 48.84M shares | 48.45M shares | 34.53M shares |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2019 Q4 | 2019 Q3 | 2018 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $159.3M | $195.7M | $77.80M |
YoY Change | 104.23% | 151.54% | 88.83% |
Cash & Equivalents | $159.3M | $195.7M | $77.85M |
Short-Term Investments | |||
Other Short-Term Assets | $2.200M | $2.200M | $1.800M |
YoY Change | -8.33% | 22.22% | 12.5% |
Inventory | $6.806M | $6.608M | $3.463M |
Prepaid Expenses | |||
Receivables | $19.33M | $23.61M | $12.26M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $187.7M | $228.1M | $95.37M |
YoY Change | 93.59% | 139.14% | 63.85% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $8.933M | $8.488M | $8.939M |
YoY Change | -0.08% | -5.05% | -13.05% |
Goodwill | $2.725M | $1.057M | $1.057M |
YoY Change | 157.81% | 0.0% | 0.0% |
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $1.437M | $1.228M | $837.0K |
YoY Change | 32.32% | 46.71% | 370.22% |
Total Long-Term Assets | $87.53M | $32.23M | $23.70M |
YoY Change | 269.52% | 35.97% | -6.87% |
TOTAL ASSETS | |||
Total Short-Term Assets | $187.7M | $228.1M | $95.37M |
Total Long-Term Assets | $87.53M | $32.23M | $23.70M |
Total Assets | $275.2M | $260.3M | $119.1M |
YoY Change | 128.13% | 118.6% | 42.34% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $2.328M | $5.568M | $1.175M |
YoY Change | -7.47% | 373.87% | -62.83% |
Accrued Expenses | $13.73M | $9.760M | $9.261M |
YoY Change | 49.51% | 5.39% | 14.93% |
Deferred Revenue | $0.00 | ||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $0.00 | $0.00 | |
YoY Change | -100.0% | ||
Total Short-Term Liabilities | $17.47M | $16.77M | $10.44M |
YoY Change | 33.77% | 60.71% | -6.98% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $694.0K | $639.0K | $25.19M |
YoY Change | -97.1% | -97.46% | 0.78% |
Other Long-Term Liabilities | $17.60M | $11.90M | $4.000M |
YoY Change | 351.28% | 197.5% | -4.76% |
Total Long-Term Liabilities | $694.0K | $639.0K | $25.19M |
YoY Change | -97.1% | -97.46% | 0.78% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $17.47M | $16.77M | $10.44M |
Total Long-Term Liabilities | $694.0K | $639.0K | $25.19M |
Total Liabilities | $35.76M | $29.28M | $39.66M |
YoY Change | -12.54% | -26.16% | -2.9% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$246.7M | -$239.2M | -$231.0M |
YoY Change | 5.38% | 3.57% | 13.98% |
Common Stock | $486.1M | $470.3M | $310.4M |
YoY Change | 54.9% | 51.5% | 26.45% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $239.5M | $231.0M | $79.42M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $275.2M | $260.3M | $119.1M |
YoY Change | 128.13% | 118.6% | 42.34% |
Cashflow Statement
Concept | 2019 Q4 | 2019 Q3 | 2018 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$7.458M | -$730.0K | -$4.470M |
YoY Change | 139.81% | -83.67% | -36.6% |
Depreciation, Depletion And Amortization | $1.280M | $970.0K | $980.0K |
YoY Change | 31.96% | -1.02% | -1.01% |
Cash From Operating Activities | $1.790M | -$1.550M | -$1.790M |
YoY Change | -246.72% | -13.41% | -64.9% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$1.100M | -$240.0K | -$660.0K |
YoY Change | 144.44% | -63.64% | -9.59% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$40.00M | $0.00 | $0.00 |
YoY Change | |||
Cash From Investing Activities | -$41.10M | -$220.0K | -$660.0K |
YoY Change | 9033.33% | -66.67% | -9.59% |
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 | 2.970M | 4.790M | 56.53M |
YoY Change | 62.3% | -91.53% | 12747.73% |
NET CHANGE | |||
Cash From Operating Activities | 1.790M | -1.550M | -1.790M |
Cash From Investing Activities | -41.10M | -220.0K | -660.0K |
Cash From Financing Activities | 2.970M | 4.790M | 56.53M |
Net Change In Cash | -36.34M | 3.020M | 54.08M |
YoY Change | -22812.5% | -94.42% | -1103.34% |
FREE CASH FLOW | |||
Cash From Operating Activities | $1.790M | -$1.550M | -$1.790M |
Capital Expenditures | -$1.100M | -$240.0K | -$660.0K |
Free Cash Flow | $2.890M | -$1.310M | -$1.130M |
YoY Change | -475.32% | 15.93% | -74.14% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q3 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2019 | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2019-09-30 | ||
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001384101 | ||
CY2019Q4 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
48840294 | shares |
CY2018Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-4469000 | USD |
dei |
Entity Small Business
EntitySmallBusiness
|
true | ||
CY2018Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
2516000 | USD |
CY2019Q3 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
5568000 | USD |
CY2019Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
195662000 | USD |
CY2018Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2017Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
34494000 | USD |
CY2018Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
13168000 | USD |
CY2019Q3 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
23613000 | USD |
CY2018Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
78449000 | USD |
CY2018Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
78598000 | USD |
CY2019Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2018Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
125000000 | shares |
dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | ||
dei |
Entity Emerging Growth Company
EntityEmergingGrowthCompany
|
false | ||
dei |
Entity Filer Category
EntityFilerCategory
|
Accelerated Filer | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
VERACYTE, INC. | ||
dei |
Entity Shell Company
EntityShellCompany
|
false | ||
CY2018Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
9186000 | USD |
CY2019Q3 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
9760000 | USD |
CY2018Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
313800000 | USD |
CY2019Q3 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
470202000 | USD |
us-gaap |
Adjustment To Additional Paid In Capital Income Tax Effect From Share Based Compensation Net
AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet
|
-30000 | USD | |
CY2019Q3 | us-gaap |
Adjustment To Additional Paid In Capital Income Tax Effect From Share Based Compensation Net
AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet
|
-132000 | USD |
us-gaap |
Adjustment To Additional Paid In Capital Income Tax Effect From Share Based Compensation Net
AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet
|
-810000 | USD | |
CY2018Q3 | us-gaap |
Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
|
4000 | USD |
us-gaap |
Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
|
4000 | USD | |
us-gaap |
Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
|
9000 | USD | |
us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
24000 | USD | |
us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
83000 | USD | |
CY2018Q3 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
267000 | USD |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
800000 | USD | |
CY2019Q3 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
267000 | USD |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
800000 | USD | |
CY2018Q3 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
6468116 | shares |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
6461659 | shares | |
CY2019Q3 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
6131463 | shares |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
6286530 | shares | |
CY2018Q4 | us-gaap |
Assets
Assets
|
120638000 | USD |
CY2019Q3 | us-gaap |
Assets
Assets
|
260307000 | USD |
CY2018Q4 | us-gaap |
Assets Current
AssetsCurrent
|
96952000 | USD |
CY2019Q3 | us-gaap |
Assets Current
AssetsCurrent
|
228079000 | USD |
CY2018Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
77995000 | USD |
CY2019Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
196265000 | USD |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
43955000 | USD | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
117667000 | USD | |
CY2018Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2019Q3 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2018Q4 | us-gaap |
Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
|
8116335 | shares |
CY2019Q3 | us-gaap |
Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
|
8117090 | shares |
CY2019Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
125000000 | shares |
CY2018Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
40863202 | shares |
CY2019Q3 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
48821975 | shares |
CY2018Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
40863202 | shares |
CY2019Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
48821975 | shares |
CY2018Q3 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
8261000 | USD |
CY2019Q3 | us-gaap |
Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
|
79000 | USD |
us-gaap |
Cost Of Revenue
CostOfRevenue
|
24374000 | USD | |
CY2019Q3 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
9114000 | USD |
CY2016Q4 | us-gaap |
Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
|
874000 | USD |
CY2018Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
41000 | USD |
CY2019Q3 | us-gaap |
Common Stock Value
CommonStockValue
|
49000 | USD |
us-gaap |
Cost Of Revenue
CostOfRevenue
|
26404000 | USD | |
CY2018Q3 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
27770000 | USD |
CY2019Q3 | us-gaap |
Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
|
79000 | USD |
us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
217000 | USD | |
us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
229000 | USD | |
CY2018Q4 | us-gaap |
Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
|
0 | USD |
CY2019Q3 | us-gaap |
Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
|
619000 | USD |
CY2018Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
12000000 | USD |
CY2019Q3 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
11200000 | USD |
CY2018Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
5742000 | USD |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
17318000 | USD | |
CY2019Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
6624000 | USD |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
20448000 | USD | |
CY2018Q4 | us-gaap |
Goodwill
Goodwill
|
1057000 | USD |
CY2019Q3 | us-gaap |
Goodwill
Goodwill
|
1057000 | USD |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-2636000 | USD | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-19894000 | USD | |
CY2019Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-730000 | USD |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-5141000 | USD | |
us-gaap |
Costs And Expenses
CostsAndExpenses
|
85434000 | USD | |
CY2019Q3 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
32736000 | USD |
us-gaap |
Costs And Expenses
CostsAndExpenses
|
97568000 | USD | |
CY2018Q4 | us-gaap |
Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
|
3899000 | USD |
CY2019Q3 | us-gaap |
Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
|
0 | USD |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
2950000 | USD | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
2836000 | USD | |
us-gaap |
Disposal Group Not Discontinued Operation Gain Loss On Disposal
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
|
0 | USD | |
us-gaap |
Disposal Group Not Discontinued Operation Gain Loss On Disposal
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
|
23000 | USD | |
CY2018Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.12 | |
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.56 | ||
CY2019Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.02 | |
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.11 | ||
CY2018Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
6412000 | USD |
CY2019Q3 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
7700000 | USD |
CY2016Q4 | us-gaap |
Finance Lease Liability
FinanceLeaseLiability
|
1200000 | USD |
CY2018Q4 | us-gaap |
Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
|
0 | USD |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
2505000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-454000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
10445000 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-1861000 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
3206000 | USD | |
us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
511000 | USD | |
us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
142000 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-61000 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-185000 | USD | |
CY2018Q3 | us-gaap |
Interest Expense
InterestExpense
|
498000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
1427000 | USD | |
CY2019Q3 | us-gaap |
Interest Expense
InterestExpense
|
58000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
596000 | USD | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
1235000 | USD | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
330000 | USD | |
CY2018Q4 | us-gaap |
Inventory Net
InventoryNet
|
3402000 | USD |
CY2019Q3 | us-gaap |
Inventory Net
InventoryNet
|
6608000 | USD |
CY2019Q3 | us-gaap |
Lessee Operating Lease Discount Rate
LesseeOperatingLeaseDiscountRate
|
0.0753 | |
CY2019Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
17161000 | USD |
CY2019Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
|
6841000 | USD |
CY2019Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
|
2543000 | USD |
CY2019Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
2472000 | USD |
CY2019Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
2401000 | USD |
CY2019Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
2332000 | USD |
CY2019Q3 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
572000 | USD |
CY2018Q4 | us-gaap |
Liabilities
Liabilities
|
40883000 | USD |
CY2019Q3 | us-gaap |
Liabilities
Liabilities
|
29283000 | USD |
CY2018Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
120638000 | USD |
CY2019Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
260307000 | USD |
CY2018Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
13059000 | USD |
CY2019Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
16772000 | USD |
CY2018Q1 | us-gaap |
Litigation Settlement Amount Awarded From Other Party
LitigationSettlementAmountAwardedFromOtherParty
|
400000 | USD |
CY2018Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
1357000 | USD |
CY2019Q3 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
0 | USD |
CY2018Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
23925000 | USD |
CY2019Q3 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
639000 | USD |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
57670000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
124322000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-1420000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-1633000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-12295000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-5022000 | USD | |
CY2018Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-4469000 | USD |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-19894000 | USD | |
CY2019Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-730000 | USD |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-5141000 | USD | |
us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
1 | segment | |
CY2018Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-4304000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-19176000 | USD | |
CY2019Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-1763000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-6930000 | USD | |
CY2018Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
0 | USD |
CY2019Q3 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
1365000 | USD |
CY2018Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
0 | USD |
CY2019Q3 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
11872000 | USD |
CY2018Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
0 | USD |
us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
1400000 | USD | |
CY2019Q3 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
9033000 | USD |
CY2018Q3 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
476000 | USD |
us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
1400000 | USD | |
CY2019Q3 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
474000 | USD |
CY2018Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
2774000 | USD |
CY2019Q3 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
2060000 | USD |
CY2018Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
1086000 | USD |
CY2019Q3 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
1228000 | USD |
CY2018Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
333000 | USD |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
709000 | USD | |
CY2019Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
1091000 | USD |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
2385000 | USD | |
us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
-93000 | USD | |
us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
0 | USD | |
CY2018Q3 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
3900000 | USD |
CY2019Q2 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
9200000 | USD |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
1420000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
1656000 | USD | |
CY2018Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2019Q3 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2018Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000 | shares |
CY2019Q3 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000 | shares |
CY2018Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2019Q3 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2018Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2019Q3 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2018Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2019Q3 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2018Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
2387000 | USD |
CY2019Q3 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
2196000 | USD |
CY2018Q3 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
55000000 | USD |
CY2019Q2 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
137800000 | USD |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
55039000 | USD | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
137848000 | USD | |
us-gaap |
Proceeds From Legal Settlements
ProceedsFromLegalSettlements
|
403000 | USD | |
us-gaap |
Proceeds From Legal Settlements
ProceedsFromLegalSettlements
|
0 | USD | |
us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
0 | USD | |
us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
23000 | USD | |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
2445000 | USD | |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
11603000 | USD | |
CY2018Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
8940000 | USD |
CY2019Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
8488000 | USD |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
0 | USD | |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
24900000 | USD | |
CY2018Q3 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
3419000 | USD |
vcyt |
Adjustments To Additional Paid In Capital Share Based Compensation Employee
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationEmployee
|
6255000 | USD | |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
10408000 | USD | |
vcyt |
Adjustments To Additional Paid In Capital Share Based Compensation Non Employee
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationNonEmployee
|
-5000 | USD | |
vcyt |
Adjustments To Additional Paid In Capital Share Based Compensation Non Employee
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationNonEmployee
|
138000 | USD | |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
11695000 | USD | |
CY2019Q3 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
3643000 | USD |
us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
1266000 | USD | |
CY2018Q3 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
55038000 | USD |
us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
55038000 | USD | |
us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
137848000 | USD | |
CY2017Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
37225000 | USD |
CY2018Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
25806000 | USD |
CY2018Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
79417000 | USD |
CY2018Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
79755000 | USD |
CY2019Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
224240000 | USD |
CY2019Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
231024000 | USD |
CY2019Q3 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
2800000 | USD |
us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
|
0 | USD | |
CY2018Q3 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
38620036 | shares |
CY2018Q4 | us-gaap |
Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
|
603000 | USD |
CY2019Q3 | us-gaap |
Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
|
603000 | USD |
CY2018Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-234086000 | USD |
CY2019Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-239227000 | USD |
CY2018Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
23466000 | USD |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
66258000 | USD | |
CY2019Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
30973000 | USD |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
90638000 | USD | |
us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
0 | USD | |
us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
14118000 | USD | |
CY2018Q3 | us-gaap |
Sale Of Stock Price Per Share
SaleOfStockPricePerShare
|
10.25 | |
CY2019Q2 | us-gaap |
Sale Of Stock Price Per Share
SaleOfStockPricePerShare
|
23.25 | |
CY2018Q3 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
10081000 | USD |
us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
31247000 | USD | |
CY2019Q3 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
13088000 | USD |
us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
39508000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
4425000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
6965000 | USD | |
CY2018Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
6235258 | shares |
CY2019Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
5988598 | shares |
CY2018Q3 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
5750000 | shares |
CY2019Q2 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
6325000 | shares |
CY2018Q3 | us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
393000 | USD |
us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
790000 | USD | |
CY2019Q3 | us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
774000 | USD |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
35769623 | shares | |
CY2019Q3 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
48588296 | shares |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
45141502 | shares | |
CY2018Q3 | vcyt |
Adjustments To Additional Paid In Capital Share Based Compensation Espp
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationESPP
|
87000 | USD |
vcyt |
Adjustments To Additional Paid In Capital Share Based Compensation Espp
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationESPP
|
268000 | USD | |
CY2019Q3 | vcyt |
Adjustments To Additional Paid In Capital Share Based Compensation Espp
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationESPP
|
254000 | USD |
vcyt |
Adjustments To Additional Paid In Capital Share Based Compensation Espp
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationESPP
|
572000 | USD | |
vcyt |
Capital Expenditures Incurred But Not Yet Paid Net
CapitalExpendituresIncurredButNotYetPaidNet
|
23000 | USD | |
vcyt |
Capital Expenditures Incurred But Not Yet Paid Net
CapitalExpendituresIncurredButNotYetPaidNet
|
821000 | USD | |
CY2018Q3 | vcyt |
Adjustments To Additional Paid In Capital Share Based Compensation Employee
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationEmployee
|
1432000 | USD |
vcyt |
Adjustments To Additional Paid In Capital Share Based Compensation Employee
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationEmployee
|
4162000 | USD | |
CY2019Q3 | vcyt |
Adjustments To Additional Paid In Capital Share Based Compensation Employee
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationEmployee
|
2324000 | USD |
CY2019Q3 | vcyt |
Adjustments To Additional Paid In Capital Share Based Compensation Non Employee
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationNonEmployee
|
62000 | USD |
CY2018Q4 | vcyt |
Development Programs
DevelopmentPrograms
|
2 | program |
CY2016Q4 | vcyt |
Finance Lease Upfront Payment
FinanceLeaseUpfrontPayment
|
330000 | USD |
vcyt |
Increase Decrease In Accrued Liabilities And Deferred Rent
IncreaseDecreaseInAccruedLiabilitiesAndDeferredRent
|
834000 | USD | |
vcyt |
Increase Decrease In Accrued Liabilities And Deferred Rent
IncreaseDecreaseInAccruedLiabilitiesAndDeferredRent
|
1258000 | USD | |
vcyt |
Increase Decrease Operating Lease Right Of Use Asset Lease Liability
IncreaseDecreaseOperatingLeaseRightOfUseAssetLeaseLiability
|
0 | USD | |
vcyt |
Increase Decrease Operating Lease Right Of Use Asset Lease Liability
IncreaseDecreaseOperatingLeaseRightOfUseAssetLeaseLiability
|
71000 | USD | |
vcyt |
Interest Expenseand Prepayment Penalty
InterestExpenseandPrepaymentPenalty
|
230000 | USD | |
vcyt |
Interest Expenseand Prepayment Penalty
InterestExpenseandPrepaymentPenalty
|
174000 | USD | |
vcyt |
Legal Settlement Regarding Short Swing Profits Net Of Tax
LegalSettlementRegardingShortSwingProfitsNetOfTax
|
310000 | USD | |
CY2019Q3 | vcyt |
Number Of Major Financial Institutions With Which Cash And Cash Equivalents Deposited
NumberOfMajorFinancialInstitutionsWithWhichCashAndCashEquivalentsDeposited
|
1 | financial_institution |
vcyt |
Numberof Products
NumberofProducts
|
3 | product | |
CY2019Q3 | vcyt |
Numberof Tissue Sample Deliveries
NumberofTissueSampleDeliveries
|
0 | delivery |
vcyt |
Percentof Principal Amount Needed To Be Collateralized By U.S.Treasuryand Agency Securities
PercentofPrincipalAmountNeededToBeCollateralizedByU.S.TreasuryandAgencySecurities
|
1.02 | ||
CY2018Q3 | vcyt |
Sharebased Compensation Arrangementby Sharebased Payment Award Value Optionsand Non Option Equity Instruments Exercisesin Period
SharebasedCompensationArrangementbySharebasedPaymentAwardValueOptionsandNonOptionEquityInstrumentsExercisesinPeriod
|
1130000 | USD |
vcyt |
Sharebased Compensation Arrangementby Sharebased Payment Award Value Optionsand Non Option Equity Instruments Exercisesin Period
SharebasedCompensationArrangementbySharebasedPaymentAwardValueOptionsandNonOptionEquityInstrumentsExercisesinPeriod
|
1553000 | USD | |
CY2019Q3 | vcyt |
Sharebased Compensation Arrangementby Sharebased Payment Award Value Optionsand Non Option Equity Instruments Exercisesin Period
SharebasedCompensationArrangementbySharebasedPaymentAwardValueOptionsandNonOptionEquityInstrumentsExercisesinPeriod
|
4232000 | USD |
vcyt |
Sharebased Compensation Arrangementby Sharebased Payment Award Value Optionsand Non Option Equity Instruments Exercisesin Period
SharebasedCompensationArrangementbySharebasedPaymentAwardValueOptionsandNonOptionEquityInstrumentsExercisesinPeriod
|
11141000 | 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. Items subject to such estimates include: revenue recognition; the useful lives of property and equipment; the recoverability of long-lived assets; the incremental borrowing rate for leases; 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> |