Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Quarterly Financial Data (Unaudited)

v3.10.0.1
Quarterly Financial Data (Unaudited)
12 Months Ended
Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Data (Unaudited) Quarterly Financial Data (Unaudited)
Supplementary Data
Selected Quarterly Financial Data (unaudited) (in thousands, except per share data)
  For the Quarters Ended Total
  03/31/18 06/30/18 09/30/18 12/31/2018 (1) 2018
Net revenues $ 63,423  $ 67,746  $ 69,097  $ 76,475  $ 276,741 
Gross margin $ 27,303  $ 30,530  $ 32,321  $ 37,111  $ 127,265 
Net income (loss) $ 644  $ (380) $ 2,023  $ 353  $ 2,640 
Deemed dividends on preferred stock and amortization of preferred stock beneficial conversion feature and gain on redemption of preferred stock $ 2,856  $ (6,304) $ —  $ —  $ (3,448)
Net income (loss) available to common stockholders $ (2,212) $ 5,924  $ 2,023  $ 353  $ 6,088 
Net income (loss) per common share:
Basic $ (0.03) $ 0.07  $ 0.02  $ 0.00  $ 0.07 
Diluted $ (0.03) $ 0.07  $ 0.02  $ 0.00  $ 0.07 
Weighted average common shares outstanding –
   Basic
80,507  81,017  87,253  93,270  85,618 
Weighted average shares outstanding –
   Diluted
80,507  90,168  90,899  96,874  91,568 
 (1) Reflects the acquisition of Genoptix in December 2018
 
  For the Quarters Ended Total
  03/31/17 06/30/17 09/30/17 12/31/17 2017
Net revenues $ 57,428  $ 62,264  $ 59,137  $ 61,422  $ 240,251 
Gross margin $ 22,948  $ 27,352  $ 24,895  $ 26,762  $ 101,956 
Net income (loss) $ (1,165) $ 483  $ (4,264) $ 4,549  $ (396)
Deemed dividends on preferred stock and amortization of preferred stock beneficial conversion feature $ 2,566  $ 2,639  $ 2,651  $ 2,691  $ 10,547 
Net (loss) available to common stockholders $ (3,731) $ (2,156) $ (6,915) $ 1,858  $ (10,943)
Net (loss) per common share:
Basic $ (0.05) $ (0.03) $ (0.09) $ 0.02  $ (0.14)
Diluted $ (0.05) $ (0.03) $ (0.09) $ 0.02  $ (0.14)
Weighted average common shares outstanding –
   Basic
78,650  79,413  79,617  86,676  79,426 
Weighted average shares outstanding –
   Diluted
78,650  79,413  79,617  88,611  79,426