2023 Q2 Form 10-Q Financial Statement

#000138410123000067 Filed on May 05, 2023

View on sec.gov

Income Statement

Concept 2023 Q2 2023 Q1
Revenue $90.32M $82.42M
YoY Change 23.96% 21.6%
Cost Of Revenue $29.69M $26.23M
YoY Change 18.61% 10.61%
Gross Profit $60.63M $56.19M
YoY Change 26.76% 27.51%
Gross Profit Margin 67.13% 68.18%
Selling, General & Admin $50.80M $48.59M
YoY Change 15.99% 8.79%
% of Gross Profit 83.79% 86.48%
Research & Development $12.54M $12.77M
YoY Change 33.74% 39.31%
% of Gross Profit 20.68% 22.72%
Depreciation & Amortization $6.859M $6.670M
YoY Change 5.65% 1.74%
% of Gross Profit 11.31% 11.87%
Operating Expenses $63.34M $61.36M
YoY Change 19.12% 13.99%
Operating Profit -$8.051M -$10.50M
YoY Change -24.99% -31.15%
Interest Expense $1.173M $1.411M
YoY Change -626.01% -1256.56%
% of Operating Profit
Other Income/Expense, Net -$226.0K $2.407M
YoY Change -120.81% 207.02%
Pretax Income -$8.277M -$8.091M
YoY Change -14.2% -44.06%
Income Tax $100.0K $0.00
% Of Pretax Income
Net Earnings -$8.402M -$8.091M
YoY Change -11.85% -44.05%
Net Earnings / Revenue -9.3% -9.82%
Basic Earnings Per Share -$0.12 -$0.11
Diluted Earnings Per Share -$0.12 -$0.11
COMMON SHARES
Basic Shares Outstanding 72.42M shares 72.15M shares
Diluted Shares Outstanding 72.48M shares 72.18M shares

Balance Sheet

Concept 2023 Q2 2023 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $191.1M $177.9M
YoY Change 16.55% 8.72%
Cash & Equivalents $191.1M $177.9M
Short-Term Investments $0.00 $0.00
Other Short-Term Assets $14.40M $14.82M
YoY Change -9.99% -25.97%
Inventory $11.57M $13.31M
Prepaid Expenses
Receivables $42.37M $45.49M
Other Receivables $0.00 $0.00
Total Short-Term Assets $259.5M $251.5M
YoY Change 10.4% 5.46%
LONG-TERM ASSETS
Property, Plant & Equipment $30.97M $29.38M
YoY Change -3.25% -8.08%
Goodwill $698.9M $699.7M
YoY Change 1.29% -0.67%
Intangibles $164.7M $170.2M
YoY Change -10.64% -13.25%
Long-Term Investments
YoY Change
Other Assets $6.116M $5.543M
YoY Change 206.87% 208.12%
Total Long-Term Assets $901.6M $905.6M
YoY Change -0.83% -3.15%
TOTAL ASSETS
Total Short-Term Assets $259.5M $251.5M
Total Long-Term Assets $901.6M $905.6M
Total Assets $1.161B $1.157B
YoY Change 1.48% -1.4%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $12.90M $15.66M
YoY Change 24.85% 38.87%
Accrued Expenses $34.43M $30.64M
YoY Change 2.57% -20.5%
Deferred Revenue $2.378M $2.194M
YoY Change -43.29% -55.02%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $58.15M $55.99M
YoY Change -2.01% -10.47%
LONG-TERM LIABILITIES
Long-Term Debt $200.0K $200.0K
YoY Change -66.67% -66.67%
Other Long-Term Liabilities $792.0K $791.0K
YoY Change -34.55% -42.6%
Total Long-Term Liabilities $792.0K $791.0K
YoY Change -34.55% -42.6%
TOTAL LIABILITIES
Total Short-Term Liabilities $58.15M $55.99M
Total Long-Term Liabilities $792.0K $791.0K
Total Liabilities $78.40M $75.86M
YoY Change -2.06% -14.18%
SHAREHOLDERS EQUITY
Retained Earnings -$410.2M -$401.8M
YoY Change 7.62% 8.12%
Common Stock $1.521B $1.510B
YoY Change 2.52% 2.2%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.083B $1.081B
YoY Change
Total Liabilities & Shareholders Equity $1.161B $1.157B
YoY Change 1.48% -1.4%

Cashflow Statement

Concept 2023 Q2 2023 Q1
OPERATING ACTIVITIES
Net Income -$8.402M -$8.091M
YoY Change -11.85% -44.05%
Depreciation, Depletion And Amortization $6.859M $6.670M
YoY Change 5.65% 1.74%
Cash From Operating Activities $16.67M -$2.172M
YoY Change -4692.56% -75.52%
INVESTING ACTIVITIES
Capital Expenditures $3.669M $993.0K
YoY Change -246.18% -59.52%
Acquisitions $0.00
YoY Change
Other Investing Activities $0.00 $25.07M
YoY Change -100.0%
Cash From Investing Activities -$3.669M $24.08M
YoY Change -60.58% -1081.66%
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 397.0K $1.685M
YoY Change -629.33% -15.33%
NET CHANGE
Cash From Operating Activities 16.67M -$2.172M
Cash From Investing Activities -3.669M $24.08M
Cash From Financing Activities 397.0K $1.685M
Net Change In Cash 13.40M $23.64M
YoY Change -237.5% -346.74%
FREE CASH FLOW
Cash From Operating Activities $16.67M -$2.172M
Capital Expenditures $3.669M $993.0K
Free Cash Flow $13.00M -$3.165M
YoY Change 505.59% -72.05%

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CY2022Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
6556000 usd
CY2023Q1 us-gaap Gain Loss On Sale Of Property Plant Equipment
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CY2022Q1 us-gaap Gain Loss On Sale Of Property Plant Equipment
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0 usd
CY2023Q1 us-gaap Share Based Compensation
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7985000 usd
CY2022Q1 us-gaap Share Based Compensation
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6645000 usd
CY2023Q1 us-gaap Deferred Income Tax Expense Benefit
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0 usd
CY2022Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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CY2023Q1 vcyt Debt Instrument End Of Term Payment Interest Amount And Prepayment Penalty
DebtInstrumentEndOfTermPaymentInterestAmountAndPrepaymentPenalty
0 usd
CY2022Q1 vcyt Debt Instrument End Of Term Payment Interest Amount And Prepayment Penalty
DebtInstrumentEndOfTermPaymentInterestAmountAndPrepaymentPenalty
53000 usd
CY2023Q1 vcyt Noncash Lease Expense
NoncashLeaseExpense
903000 usd
CY2022Q1 vcyt Noncash Lease Expense
NoncashLeaseExpense
587000 usd
CY2023Q1 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
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CY2022Q1 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
31000 usd
CY2023Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
224000 usd
CY2022Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
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CY2023Q1 us-gaap Asset Impairment Charges
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1410000 usd
CY2022Q1 us-gaap Asset Impairment Charges
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0 usd
CY2023Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
1302000 usd
CY2022Q1 us-gaap Increase Decrease In Accounts Receivable
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3575000 usd
CY2023Q1 us-gaap Increase Decrease In Inventories
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-1055000 usd
CY2022Q1 us-gaap Increase Decrease In Inventories
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1201000 usd
CY2023Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
3064000 usd
CY2022Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
2139000 usd
CY2023Q1 us-gaap Increase Decrease In Other Noncurrent Assets
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491000 usd
CY2022Q1 us-gaap Increase Decrease In Other Noncurrent Assets
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CY2023Q1 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-950000 usd
CY2022Q1 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
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CY2023Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
2012000 usd
CY2022Q1 us-gaap Increase Decrease In Accounts Payable
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-960000 usd
CY2023Q1 vcyt Increase Decrease In Accrued Liabilities And Deferred Revenue
IncreaseDecreaseInAccruedLiabilitiesAndDeferredRevenue
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CY2022Q1 vcyt Increase Decrease In Accrued Liabilities And Deferred Revenue
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CY2023Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-8872000 usd
CY2023Q1 us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
19700000 usd
CY2022Q1 us-gaap Payments To Acquire Held To Maturity Securities
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0 usd
CY2023Q1 us-gaap Proceeds From Sale Of Held To Maturity Securities
ProceedsFromSaleOfHeldToMaturitySecurities
39773000 usd
CY2022Q1 us-gaap Proceeds From Sale Of Held To Maturity Securities
ProceedsFromSaleOfHeldToMaturitySecurities
0 usd
CY2023Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
5000000 usd
CY2022Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
0 usd
CY2023Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
993000 usd
CY2022Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2453000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
24080000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-2453000 usd
CY2023Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
0 usd
CY2022Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
100000 usd
CY2023Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
2277000 usd
CY2022Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1447000 usd
CY2023Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
3962000 usd
CY2022Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
3537000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1685000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1990000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
23593000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-9335000 usd
CY2023Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
50000 usd
CY2022Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-247000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
23643000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-9582000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
154996000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
173946000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
178639000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
164364000 usd
CY2023Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1624000 usd
CY2022Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
342000 usd
CY2023Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
177890000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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154247000 usd
CY2023Q1 us-gaap Restricted Cash And Cash Equivalents Noncurrent
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749000 usd
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents Noncurrent
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749000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
178639000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
154996000 usd
CY2023Q1 us-gaap Number Of Operating Segments
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1 segment
CY2023Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
6150235 shares
CY2023Q1 us-gaap Use Of Estimates
UseOfEstimates
<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-indent:6.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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 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; the useful lives of property, plant and equipment; the recoverability of long-lived assets; the incremental borrowing rates for leases; accounting for acquisitions; the estimation of the fair value of intangible assets and contingent consideration; stock based compensation; income tax uncertainties, including a valuation allowance for deferred tax assets; credit related losses on investments; and allowance for credit losses and contingencies. The Company bases these estimates on historical and anticipated results, trends, and various other assumptions </span></div>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.
CY2022Q4 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss Excluding Accrued Interest
DebtSecuritiesHeldToMaturityAllowanceForCreditLossExcludingAccruedInterest
0 usd
CY2023Q1 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss Excluding Accrued Interest
DebtSecuritiesHeldToMaturityAllowanceForCreditLossExcludingAccruedInterest
0 usd
CY2023Q1 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
700000 usd
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents Noncurrent
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700000 usd
CY2022Q4 us-gaap Defined Benefit Plan Benefit Obligation
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700000 usd
CY2023Q1 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
700000 usd
CY2022Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
5293818 shares
CY2023Q1 us-gaap Goodwill
Goodwill
699700000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
695900000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
216139000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
53213000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
162926000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
215274000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
47708000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
167566000 usd
CY2023Q1 us-gaap Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
P8Y4M24D
CY2023Q1 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
7300000 usd
CY2023Q1 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
7300000 usd
CY2022Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
7300000 usd
CY2022Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
7300000 usd
CY2022Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
400000 usd
CY2023Q1 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
223439000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
53213000 usd
CY2023Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
170226000 usd
CY2022Q4 us-gaap Intangible Assets Gross Excluding Goodwill
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222574000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
47708000 usd
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
174866000 usd
CY2023Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
5300000 usd
CY2022Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
5500000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
16037000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
21343000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
20215000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
18359000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
17752000 usd
CY2023Q1 vcyt Finite Lived Intangible Asset Expected Amortization After Year Four
FiniteLivedIntangibleAssetExpectedAmortizationAfterYearFour
69220000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
162926000 usd
CY2023Q1 us-gaap Inventory Finished Goods
InventoryFinishedGoods
10000000 usd
CY2022Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
10200000 usd
CY2023Q1 us-gaap Inventory Work In Process And Raw Materials
InventoryWorkInProcessAndRawMaterials
3300000 usd
CY2022Q4 us-gaap Inventory Work In Process And Raw Materials
InventoryWorkInProcessAndRawMaterials
4100000 usd
CY2023Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
21953000 usd
CY2022Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
30637000 usd
CY2023Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
8688000 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
7137000 usd
CY2023Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
30641000 usd
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
37774000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
4491000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1405000 usd
CY2023Q1 us-gaap Debt Securities Held To Maturity Excluding Accrued Interest After Allowance For Credit Loss
DebtSecuritiesHeldToMaturityExcludingAccruedInterestAfterAllowanceForCreditLoss
0 usd
CY2022Q4 us-gaap Debt Securities Held To Maturity Excluding Accrued Interest After Allowance For Credit Loss
DebtSecuritiesHeldToMaturityExcludingAccruedInterestAfterAllowanceForCreditLoss
24600000 usd
CY2022Q4 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
24600000 usd
CY2023Q1 us-gaap Heldtomaturity Securities Sold At Par
HeldtomaturitySecuritiesSoldAtPar
40000000 usd
CY2023Q1 us-gaap Debt Securities Held To Maturity Sold Amount
DebtSecuritiesHeldToMaturitySoldAmount
39800000 usd
CY2023Q1 us-gaap Proceeds From Sale Of Held To Maturity Securities
ProceedsFromSaleOfHeldToMaturitySecurities
39800000 usd
CY2023Q1 us-gaap Heldtomaturity Securities Sold Security Realized Gain Loss Excluding Other Than Temporary Impairments
HeldtomaturitySecuritiesSoldSecurityRealizedGainLossExcludingOtherThanTemporaryImpairments
13000 usd
CY2022 us-gaap Heldtomaturity Securities Sold Security Realized Gain Loss Excluding Other Than Temporary Impairments
HeldtomaturitySecuritiesSoldSecurityRealizedGainLossExcludingOtherThanTemporaryImpairments
0 usd
CY2023Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.064
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
3551000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
4449000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
699000 usd
CY2023Q1 vcyt Lessee Operating Lease Liability To Be Paid Due After Year Four
LesseeOperatingLeaseLiabilityToBePaidDueAfterYearFour
885000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
15480000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
1695000 usd
CY2023Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
13785000 usd
CY2023Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
4076000 usd
CY2023Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
9709000 usd
CY2023Q1 us-gaap Operating Lease Expense
OperatingLeaseExpense
1123000 usd
CY2022Q1 us-gaap Operating Lease Expense
OperatingLeaseExpense
1054000 usd
CY2023Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
1177000 usd
CY2022Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
1068000 usd
CY2023Q1 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
200000 usd
CY2023Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
200000 usd
CY2022Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
400000 usd
CY2023Q1 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
13620056 shares
CY2022Q4 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
12809236 shares
CY2023Q1 vcyt Other Nonoperating Income Expense Foreign Tax Credit
OtherNonoperatingIncomeExpenseForeignTaxCredit
1009000 usd
CY2022Q1 vcyt Other Nonoperating Income Expense Foreign Tax Credit
OtherNonoperatingIncomeExpenseForeignTaxCredit
892000 usd
CY2023Q1 vcyt Other Nonoperating Income Expense Interest Income
OtherNonoperatingIncomeExpenseInterestIncome
1189000 usd
CY2022Q1 vcyt Other Nonoperating Income Expense Interest Income
OtherNonoperatingIncomeExpenseInterestIncome
39000 usd
CY2023Q1 vcyt Other Nonoperating Income Expense Interest Expense
OtherNonoperatingIncomeExpenseInterestExpense
7000 usd
CY2022Q1 vcyt Other Nonoperating Income Expense Interest Expense
OtherNonoperatingIncomeExpenseInterestExpense
61000 usd
CY2023Q1 vcyt Other Nonoperating Income Expense Foreign Currency Translation Gain Loss
OtherNonoperatingIncomeExpenseForeignCurrencyTranslationGainLoss
229000 usd
CY2022Q1 vcyt Other Nonoperating Income Expense Foreign Currency Translation Gain Loss
OtherNonoperatingIncomeExpenseForeignCurrencyTranslationGainLoss
-100000 usd
CY2023Q1 vcyt Other Nonoperating Income Expense Other
OtherNonoperatingIncomeExpenseOther
-13000 usd
CY2022Q1 vcyt Other Nonoperating Income Expense Other
OtherNonoperatingIncomeExpenseOther
14000 usd
CY2023Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
2407000 usd
CY2022Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
784000 usd
CY2023Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 usd
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-3000 usd

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