2021 Q4 Form 10-K Financial Statement

#000138410122000028 Filed on February 28, 2022

View on sec.gov

Income Statement

Concept 2021 Q4 2021 2020 Q4
Revenue $67.34M $219.5M $34.54M
YoY Change 94.97% 86.85% 16.17%
Cost Of Revenue $22.88M $74.40M $11.19M
YoY Change 104.49% 79.28% 10.57%
Gross Profit $44.45M $145.1M $23.35M
YoY Change 90.38% 90.94% 19.07%
Gross Profit Margin 66.02% 66.11% 67.61%
Selling, General & Admin $28.32M $181.2M $25.15M
YoY Change 12.61% 103.32% 12.28%
% of Gross Profit 63.71% 124.86% 107.71%
Research & Development $10.35M $29.84M $4.530M
YoY Change 128.37% 73.47% 3.66%
% of Gross Profit 23.27% 20.57% 19.4%
Depreciation & Amortization $6.404M $19.59M $2.020M
YoY Change 217.03% 146.64% 57.81%
% of Gross Profit 14.41% 13.5% 8.65%
Operating Expenses $52.99M $211.0M $31.42M
YoY Change 68.64% 98.49% 12.98%
Operating Profit -$8.533M -$81.90M -$8.070M
YoY Change 5.74% 131.44% -1.59%
Interest Expense $103.0K -$1.187M -$50.00K
YoY Change -306.0% -618.34% -37.5%
% of Operating Profit
Other Income/Expense, Net $913.0K $254.0K $80.00K
YoY Change 1041.25% -47.08% -90.24%
Pretax Income -$11.32M -$81.65M -$8.040M
YoY Change 40.76% 133.89% 7.77%
Income Tax -$789.0K -$6.086M
% Of Pretax Income
Net Earnings -$10.53M -$75.56M -$8.044M
YoY Change 30.88% 116.46% 7.86%
Net Earnings / Revenue -15.64% -34.42% -23.29%
Basic Earnings Per Share -$1.11
Diluted Earnings Per Share -$148.1K -$1.11 -$138.5K
COMMON SHARES
Basic Shares Outstanding 71.04M shares 67.89M shares 57.90M
Diluted Shares Outstanding 67.89M shares

Balance Sheet

Concept 2021 Q4 2021 2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $173.2M $173.2M $349.4M
YoY Change -50.43% -50.43% 119.33%
Cash & Equivalents $173.2M $173.2M $349.4M
Short-Term Investments
Other Short-Term Assets $17.22M $17.22M $3.200M
YoY Change 438.09% 438.09% 45.45%
Inventory $11.23M $11.23M $4.657M
Prepaid Expenses
Receivables $41.46M $41.46M $18.46M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $243.1M $243.1M $375.7M
YoY Change -35.29% -35.29% 100.16%
LONG-TERM ASSETS
Property, Plant & Equipment $15.10M $31.14M $8.990M
YoY Change 67.94% 85.36% 0.64%
Goodwill $707.9M $2.725M
YoY Change 25877.98% 0.0%
Intangibles $202.7M $59.92M
YoY Change 238.31%
Long-Term Investments
YoY Change
Other Assets $2.198M $2.947M $1.399M
YoY Change 57.11% 47.35% -2.64%
Total Long-Term Assets $944.7M $944.7M $81.48M
YoY Change 1059.4% 1059.17% -6.9%
TOTAL ASSETS
Total Short-Term Assets $243.1M $243.1M $375.7M
Total Long-Term Assets $944.7M $944.7M $81.48M
Total Assets $1.188B $1.188B $457.2M
YoY Change 159.83% 159.8% 66.11%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $12.36M $12.36M $3.116M
YoY Change 296.66% 298.71% 33.85%
Accrued Expenses $39.48M $43.11M $11.71M
YoY Change 237.25% 224.1% -14.77%
Deferred Revenue $4.646M $371.0K
YoY Change 1152.29%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $1.127M $1.127M $0.00
YoY Change
Total Short-Term Liabilities $64.15M $64.15M $16.78M
YoY Change 282.28% 281.85% -3.94%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $600.0K $810.0K
YoY Change -100.0% -25.0% 16.71%
Other Long-Term Liabilities $1.407M $20.97M $0.00
YoY Change 14.58% -100.0%
Total Long-Term Liabilities $1.407M $21.57M $810.0K
YoY Change 73.7% 12.92% 16.71%
TOTAL LIABILITIES
Total Short-Term Liabilities $64.15M $64.15M $16.78M
Total Long-Term Liabilities $1.407M $21.57M $810.0K
Total Liabilities $91.31M $91.31M $35.93M
YoY Change 154.13% 154.35% 0.49%
SHAREHOLDERS EQUITY
Retained Earnings -$357.2M -$281.6M
YoY Change 26.83% 14.15%
Common Stock $1.469B $702.8M
YoY Change 108.98% 44.57%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.097B $1.097B $421.2M
YoY Change
Total Liabilities & Shareholders Equity $1.188B $1.188B $457.2M
YoY Change 159.83% 159.8% 66.11%

Cashflow Statement

Concept 2021 Q4 2021 2020 Q4
OPERATING ACTIVITIES
Net Income -$10.53M -$75.56M -$8.044M
YoY Change 30.88% 116.46% 7.86%
Depreciation, Depletion And Amortization $6.404M $19.59M $2.020M
YoY Change 217.03% 146.64% 57.81%
Cash From Operating Activities $8.446M -$31.62M $2.260M
YoY Change 273.72% 225.62% 26.26%
INVESTING ACTIVITIES
Capital Expenditures -$841.0K $5.376M -$890.0K
YoY Change -5.51% 89.5% -19.09%
Acquisitions $574.4M
YoY Change
Other Investing Activities $1.226M -$733.8M $0.00
YoY Change 73283.0% -100.0%
Cash From Investing Activities $385.0K -$739.2M -$890.0K
YoY Change -143.26% 19165.21% -97.83%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $0.00
YoY Change -100.0%
Cash From Financing Activities 173.0K $596.3M 2.920M
YoY Change -94.08% 192.9% -1.68%
NET CHANGE
Cash From Operating Activities 8.446M -$31.62M 2.260M
Cash From Investing Activities 385.0K -$739.2M -890.0K
Cash From Financing Activities 173.0K $596.3M 2.920M
Net Change In Cash 9.004M -$176.0M 4.290M
YoY Change 109.88% -192.62% -111.81%
FREE CASH FLOW
Cash From Operating Activities $8.446M -$31.62M $2.260M
Capital Expenditures -$841.0K $5.376M -$890.0K
Free Cash Flow $9.287M -$37.00M $3.150M
YoY Change 194.83% 194.84% 9.0%

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<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent liabilities as of the date of the consolidated financial statements and the reported amounts of revenue and expenses during the reporting period. Significant items subject to such estimates include: revenue recognition; write-down of supplies; useful lives of property and equipment; recoverability of long-lived assets; incremental borrowing rates for leases; accounting for acquisitions; estimation of the fair value of intangible assets and contingent consideration; assessment of variable interest entities; stock based compensation; income tax uncertainties, including a valuation allowance for deferred tax assets; allowance for credit losses 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 recognized revenue and expenses that are not readily apparent from other sources. Actual results could differ from those estimates and assumptions.</span></div>
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CY2019 us-gaap Goodwill Impairment Loss
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0 USD
CY2020 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2021 us-gaap Goodwill Impairment Loss
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0 USD
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219514000 USD
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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117483000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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120368000 USD
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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CY2020 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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5499345 shares
CY2019 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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CY2020Q4 us-gaap Property Plant And Equipment Gross
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25387000 USD
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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21481000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
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195431000 USD
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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16397000 USD
CY2021Q4 us-gaap Property Plant And Equipment Net
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15098000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
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8990000 USD
CY2021 us-gaap Depreciation
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3600000 USD
CY2020 us-gaap Depreciation
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2800000 USD
CY2019 us-gaap Depreciation
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2700000 USD
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221838000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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26407000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
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195431000 USD
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70420000 USD
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10496000 USD
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59924000 USD
CY2021 us-gaap Finite Lived Intangible Asset Useful Life
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P10Y10M24D
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7300000 USD
CY2021Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
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7300000 USD
CY2021Q4 us-gaap Intangible Assets Gross Excluding Goodwill
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229138000 USD
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18941000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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26407000 USD
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
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202731000 USD
CY2020Q4 us-gaap Intangible Assets Gross Excluding Goodwill
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70420000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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10496000 USD
CY2020Q4 us-gaap Intangible Assets Net Excluding Goodwill
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59924000 USD
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16000000 USD
CY2020 us-gaap Amortization Of Intangible Assets
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5100000 USD
CY2019 us-gaap Amortization Of Intangible Assets
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1400000 USD
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22043000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
22042000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
22002000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
20846000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
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89557000 USD
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30792000 USD
CY2020Q4 us-gaap Employee Related Liabilities Current
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9201000 USD
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8683000 USD
CY2020Q4 us-gaap Goodwill
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2725000 USD
CY2021 us-gaap Goodwill Foreign Currency Translation Gain Loss
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CY2021Q4 us-gaap Goodwill
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707904000 USD
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2504000 USD
CY2021Q4 us-gaap Accrued Liabilities Current
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39475000 USD
CY2020Q4 us-gaap Accrued Liabilities Current
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11705000 USD
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0.064
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
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4356000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
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4420000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
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4414000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
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4484000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
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1404000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
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1580000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due
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20658000 USD
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2932000 USD
CY2021Q4 us-gaap Operating Lease Liability
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17726000 USD
CY2021Q4 us-gaap Operating Lease Liability Current
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3630000 USD
CY2021Q4 us-gaap Operating Lease Liability Noncurrent
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14096000 USD
CY2021 us-gaap Operating Lease Expense
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3503000 USD
CY2020 us-gaap Operating Lease Expense
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1889000 USD
CY2019 us-gaap Operating Lease Expense
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1899000 USD
CY2021 us-gaap Operating Lease Payments
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3650000 USD
CY2020 us-gaap Operating Lease Payments
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2332000 USD
CY2019 us-gaap Operating Lease Payments
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2227000 USD
CY2021Q4 us-gaap Finance Lease Right Of Use Asset
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700000 USD
CY2021Q4 us-gaap Finance Lease Liability
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600000 USD
CY2021Q4 us-gaap Purchase Obligation
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16100000 USD
CY2021Q4 us-gaap Common Stock Shares Authorized
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125000000 shares
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0.001
CY2021 vcyt Voting Rights For Each Share Of Stock
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1 vote
CY2021Q4 us-gaap Dividends Payable Current And Noncurrent
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CY2021Q4 us-gaap Common Stock Capital Shares Reserved For Future Issuance
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CY2020Q4 us-gaap Common Stock Capital Shares Reserved For Future Issuance
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CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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4867303 shares
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15.14
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
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P6Y11M23D
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
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135879000 USD
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Additional Shares Authorized
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2328021 shares
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713175 shares
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
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713175 shares
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
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18.89
CY2021 us-gaap Stock Issued During Period Shares Stock Options Exercised
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712588 shares
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
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12.88
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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4892164 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
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19.87
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
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P6Y1M28D
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
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78914000 USD
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
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2391848 shares
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12.67
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y7D
CY2021Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
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68246000 USD
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
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3379118 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
19.10
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P6Y14D
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
77946000 USD
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
23.45
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
12.97
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
11.07
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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24000000 USD
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
32900000 USD
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
31300000 USD
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
46.41
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
27.09
CY2021 us-gaap Allocated Share Based Compensation Expense
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22519000 USD
CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
12995000 USD
CY2019 us-gaap Allocated Share Based Compensation Expense
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9807000 USD
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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-81600000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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-34900000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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-12600000 USD
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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-68707000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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-34909000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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-12599000 USD
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-12942000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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0 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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0 USD
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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-81649000 USD
CY2020 us-gaap Current State And Local Tax Expense Benefit
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0 USD
CY2019 us-gaap Current State And Local Tax Expense Benefit
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0 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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-34909000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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-12599000 USD
CY2021 us-gaap Income Tax Expense Benefit
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CY2020 us-gaap Income Tax Expense Benefit
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0 USD
CY2019 us-gaap Income Tax Expense Benefit
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0 USD
CY2021 us-gaap Current Federal Tax Expense Benefit
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0 USD
CY2020 us-gaap Current Federal Tax Expense Benefit
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0 USD
CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 USD
CY2021 us-gaap Current State And Local Tax Expense Benefit
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63000 USD
CY2021 us-gaap Current Foreign Tax Expense Benefit
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54000 USD
CY2019 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
0 USD
CY2020 us-gaap Current Foreign Tax Expense Benefit
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0 USD
CY2019 us-gaap Deferred Foreign Income Tax Expense Benefit
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0 USD
CY2021 us-gaap Deferred Income Tax Expense Benefit
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CY2020 us-gaap Deferred Income Tax Expense Benefit
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0 USD
CY2021 us-gaap Current Income Tax Expense Benefit
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117000 USD
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
0 USD
CY2019 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
0 USD
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
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CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
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0 USD
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
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0 USD
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
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0 USD
CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0 USD
CY2021 us-gaap Deferred Foreign Income Tax Expense Benefit
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CY2020 us-gaap Deferred Foreign Income Tax Expense Benefit
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0 USD
CY2019 us-gaap Deferred Income Tax Expense Benefit
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0 USD
CY2020 vcyt Effective Income Tax Rate Reconciliation Acquisition Of Business Transaction Cost Amount
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0 USD
CY2019 vcyt Effective Income Tax Rate Reconciliation Acquisition Of Business Transaction Cost Amount
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0 USD
CY2021 us-gaap Income Tax Expense Benefit
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CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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CY2020 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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-7302000 USD
CY2019 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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-2632000 USD
CY2021 us-gaap Income Tax Reconciliation State And Local Income Taxes
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CY2020 us-gaap Income Tax Reconciliation State And Local Income Taxes
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CY2019 us-gaap Income Tax Reconciliation State And Local Income Taxes
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CY2021 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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674000 USD
CY2020 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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1000 USD
CY2019 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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0 USD
CY2021 us-gaap Income Tax Reconciliation Nondeductible Expense
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59000 USD
CY2020 us-gaap Income Tax Reconciliation Nondeductible Expense
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131000 USD
CY2021 vcyt Effective Income Tax Rate Reconciliation Nondeductible Expense Officer Compensation Amount
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3055000 USD
CY2020 vcyt Effective Income Tax Rate Reconciliation Nondeductible Expense Officer Compensation Amount
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1443000 USD
CY2019 vcyt Effective Income Tax Rate Reconciliation Nondeductible Expense Officer Compensation Amount
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439000 USD
CY2021 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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13027000 USD
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2255000 USD
CY2020 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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12990000 USD
CY2019 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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8162000 USD
CY2021 us-gaap Income Tax Expense Benefit
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CY2020 us-gaap Income Tax Expense Benefit
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0 USD
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221000 USD
CY2021 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
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CY2020 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
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-4881000 USD
CY2019 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
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-4366000 USD
CY2021 us-gaap Income Tax Reconciliation Tax Credits
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714000 USD
CY2020 us-gaap Income Tax Reconciliation Tax Credits
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588000 USD
CY2019 us-gaap Income Tax Reconciliation Tax Credits
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996000 USD
CY2019 us-gaap Income Tax Expense Benefit
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0 USD
CY2019Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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56506000 USD
CY2021Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Research
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7926000 USD
CY2019Q4 vcyt Deferred Tax Assets Accruals Deferred Rent And Other
DeferredTaxAssetsAccrualsDeferredRentAndOther
2610000 USD
CY2021Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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133492000 USD
CY2020Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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68113000 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Research
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6167000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Research
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5579000 USD
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
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3760000 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
2696000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
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2528000 USD

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