Attached files

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8-K - FORM 8-K - PACIFIC BIOSCIENCES OF CALIFORNIA, INC.d480688d8k.htm
EX-99.3 - EX-99.3 - PACIFIC BIOSCIENCES OF CALIFORNIA, INC.d480688dex993.htm
EX-99.1 - EX-99.1 - PACIFIC BIOSCIENCES OF CALIFORNIA, INC.d480688dex991.htm

Exhibit 99.2

PACIFIC BIOSCIENCES OF CALIFORNIA, INC.

Consolidated Statements of Operations and Comprehensive Loss

(Unaudited)

 

     Years Ended December 31,  

(in thousands, except per share amounts)

   2012     2011     2010  

Revenue:

      

Product revenue

   $ 20,089      $ 31,486      $ —     

Service and other revenue

     4,959        1,487        —     

Grant revenue

     935        890        1,674   
  

 

 

   

 

 

   

 

 

 

Total revenue

     25,983        33,863        1,674   
  

 

 

   

 

 

   

 

 

 

Cost of Revenue:

      

Cost of product revenue

     18,796        18,725        —     

Cost of service and other revenue

     6,247        2,104        —     
  

 

 

   

 

 

   

 

 

 

Total cost of revenue

     25,043        20,829        —     
  

 

 

   

 

 

   

 

 

 

Gross profit

     940        13,034        1,674   
  

 

 

   

 

 

   

 

 

 

Operating Expense:

      

Research and development

     47,623        76,080        111,821   

Sales, general and administrative

     47,655        46,710        30,087   
  

 

 

   

 

 

   

 

 

 

Total operating expense

     95,278        122,790        141,908   
  

 

 

   

 

 

   

 

 

 

Operating loss

     (94,338     (109,756     (140,234

Other income, net

     (127     368        68   
  

 

 

   

 

 

   

 

 

 

Net loss

   $ (94,465   $ (109,388   $ (140,166
  

 

 

   

 

 

   

 

 

 

Basic and diluted net loss per share

   $ (1.69   $ (2.03   $ (14.10
  

 

 

   

 

 

   

 

 

 

Shares used in computing basic and diluted net loss per share

     55,733        53,874        9,938   
  

 

 

   

 

 

   

 

 

 

Comprehensive loss

   $ (94,491   $ (109,310   $ (140,188