← VERACYTE, INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | ($31.4m) |
($31.0m)
+1.13%
|
($23.0m)
+25.82%
|
($12.6m)
+45.22%
|
($34.9m)
-177.08%
|
($75.6m)
-116.46%
|
($36.6m)
+51.62%
|
($74.4m)
-103.51%
|
$24.1m
+132.44%
|
$66.4m
+174.89%
|
— | |
| Depreciation, Depletion and Amortization | $3.5m | $3.8m | $3.9m | $4.1m | $7.9m | $19.6m | $25.9m | $27.2m | $23.5m | $21.4m | $20.8m | |
| Depreciation | $3.5m | $3.8m | $3.9m | $4.1m | $7.9m | $3.6m | $4.6m | $6.6m | $8.6m | $8.3m | $20.8m | |
| Amortization | — | $1.1m | $1.1m | $1.4m | — | — | — | — | — | — | ($2.7m) | |
| Amortization of Debt Issuance Costs and Discounts | $173k | $472k | $32k | $83k | $0 | $0 | — | — | — | — | — | |
| Amortization of Intangible Assets | $1.1m | $3.0m | $1.1m | $1.4m | $5.1m | $16.0m | $21.4m | $20.6m | $14.8m | $13.2m | — | |
| Deferred Income Tax Expense (Benefit) | — | — | — | — | — | ($6.2m) | ($427k) | ($3.9m) | ($230k) | ($580k) | ($664k) | |
| Share-based Payment Arrangement, Noncash Expense | $6.4m | $6.6m | $6.0m | $9.8m | $13.0m | $22.5m | $26.7m | $33.1m | $36.2m | $43.6m | $48.5m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | — | — | $3.8m | $9.0m | $3.2m | $6.7m | $10.6m | $18.3m | — | |
| Share-based Payment Arrangement, Expense | — | — | $6.0m | $9.8m | $13.0m | $22.5m | $26.7m | $33.1m | $36.2m | $43.6m | $48.5m | |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | — | — | $1.0m | $0 | $3.3m | — | — | — | — | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Impairment of Intangible Assets, Finite-lived | $0 | $0 | $0 | $0 | $0 | $0 | $3.3m | $66.9m | $2.7m | $0 | — | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | — | — | — | — | — | $0 | $0 | $0 | $0 | $0 | — | |
| Other Nonoperating Income (Expense) | $202k | $476k | $1.2m | $3.2m | $709k | $254k | $4.7m | $9.2m | $9.6m | $10.4m | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | $5.3m | $4.0m | $452k | $6.2m | ($955k) | $8.6m | $4.5m | ($3.9m) | $6.4m | $708k | ($6.2m) | |
| Increase (Decrease) in Inventories | ($292k) | $1.8m | ($1.9m) | $3.4m | ($1.1m) | $1.5m | $3.0m | $1.7m | $5.9m | $2.9m | ($2.1m) | |
| Inventory Write-down | — | — | — | — | $1.1m | $0 | $0 | — | — | — | — | |
| Increase (Decrease) in Accounts Payable | ($1.4m) | $1.7m | ($1.6m) | ($141k) | $711k | $5.2m | $152k | ($134k) | ($4.3m) | ($1.0m) | ($394k) | |
| Net Cash Provided by (Used in) Operating Activities | ($28.0m) |
($23.9m)
+14.53%
|
($13.5m)
+43.46%
|
($3.2m)
+76.10%
|
($9.7m)
-200.46%
|
($31.6m)
-225.62%
|
$7.5m
+123.83%
|
$44.2m
+486.89%
|
$75.1m
+69.82%
|
$136.3m
+81.51%
|
$178.4m
+30.87%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $4.2m | $1.8m | $1.9m | $2.8m | $2.8m | $5.4m | $8.5m | $10.0m | $11.3m | $9.7m | ($12.4m) | |
| Gain (Loss) on Disposition of Property Plant Equipment | ($12k) | ($12k) | $0 | $23k | $0 | $0 | ($206k) | ($271k) | ($202k) | ($15k) | $8.2m | |
| Cash, Cash Equivalents, and Short-term Investments | — | — | — | — | — | — | $178.9m | $216.5m | $289.4m | — | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | $0 | ($440k) | — | — | — | $574.4m | $0 | $0 | ($5.0m) | $0 | ($2.8m) | |
| Net Cash Provided by (Used in) Investing Activities | ($4.2m) | ($1.2m) | ($1.9m) | ($42.7m) | ($3.8m) | ($739.2m) | ($29.4m) | $15.1m | ($56.3m) | ($9.2m) | ($98.7m) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | $5.0m | $25.4m | $0 | $24.9m | $100k | $0 | $1.3m | $0 | $0 | — | $0 | |
| Proceeds from Issuance of Long-term Debt | $24.5m | $24.9m | $0 | $0 | — | — | — | — | — | — | $0 | |
| Dividends Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Net Cash Provided by (Used in) Financing Activities | $52.3m |
($218k)
-100.42%
|
$59.5m
+27393.12%
|
$127.3m
+113.93%
|
$203.6m
+59.95%
|
$596.3m
+192.90%
|
$3.5m
-99.41%
|
$2.8m
-18.80%
|
$4.9m
+72.86%
|
($4.2m)
-186.09%
|
$338k
+108.01%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | $44.1m | $81.3m | $190.0m | ($176.0m) | ($18.9m) | $62.3m | $23.3m | $123.6m | $301.2m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | $78.6m | $159.9m | $350.0m | $173.9m | $155.0m | $217.3m | $240.6m | $364.2m | $301.2m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $0 | $0 | ($1.5m) | ($592k) | $163k | ($424k) | $719k | ($12k) | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Proceeds from Stock Options Exercised | $1.2m | $1.9m | $4.3m | $14.6m | $13.7m | $11.5m | $7.9m | $9.6m | $20.0m | $14.1m | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | $1.5m | $332k | $13k | $9k | $9k | $0 | $0 | — | — | |
| Income Taxes Paid, Net | — | — | — | — | — | — | — | — | — | $3.6m | — | |
| Additional Financial Items | ||||||||||||
| Deconsolidation, Gain (Loss), Amount | — | — | — | — | — | — | — | — | — | ($6.7m) | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | — | — | — | — | $34k | ($1.2m) | ($522k) | $1.1m | ($2.1m) | $3.8m | — | |
| General and Administrative Expense | $23.8m | $23.1m | $24.0m | $29.0m | $36.7m | $101.4m | $76.5m | $86.2m | $110.6m | $110.8m | — | |
| Goodwill | $1.1m | $1.1m | $1.1m | $2.7m | $2.7m | $707.9m | $695.9m | $703.0m | $745.8m | $767.2m | $0 | |
| Income Tax Expense (Benefit) | $0 | $0 | $0 | $0 | $0 | ($6.1m) | $133k | ($2.2m) | $1.6m | $1.8m | — | |
| Operating Expenses | $93.9m | $98.5m | $114.2m | — | — | — | — | — | — | — | — | |
| Operating Lease, Expense | — | — | — | $1.9m | $1.9m | $3.5m | $4.4m | $5.3m | $6.7m | $8.0m | — |