ACCELERATE DIAGNOSTICS, INC. AXDX Income Statement

Accelerate diagnostics, inc. (AXDX)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Oct'12	Sep'12	Jun'12	Apr'12	Mar'12	Jan'12	Dec'11	Oct'11	Jul'11	Apr'11	Jan'11	Oct'10
Product revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	76	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Technical development fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-247	-	-462	-	-772	-842	0	0	0
Licensing and royalty revenues
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	128	128	122	122	55	52	46	48	38	41	56	49	226	227	233	0	204	0	221	34	34	0	0	0
Net sales
9,889	9,297	7,649	6,733	6,619	5,670	5,968	5,441	4,448	4,177	2,096	1,292	613	246	229	297	296	147	204	128	122	122	55	52	46	48	48	41	56	49	42	37	233	0	312	0	543	856	1,121	0	0	0
License fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-50	-	-50	-	-50	0	0	0	0
Qualified discovery therapeutic grant
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	0	-	0	-	0	244	0	0	0
Cost of sales
5,268	4,897	4,238	3,801	3,611	3,187	2,539	2,050	1,468	1,002	352	161	26	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gross profit
4,621	4,400	3,411	2,932	3,008	2,483	3,429	3,391	2,980	3,175	1,744	1,131	587	246	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Costs and expenses:
Research and development
24,254	25,345	26,051	27,878	27,789	27,638	26,868	25,328	24,795	22,301	21,756	23,279	26,177	29,564	31,761	30,386	29,087	27,142	24,806	24,256	21,692	19,526	17,750	14,456	12,355	10,673	7,562	6,120	3,763	1,979	892	461	365	0	371	0	399	448	454	0	0	0
Sales, general and administrative
52,106	51,886	51,681	51,091	53,584	55,214	53,307	52,755	48,885	45,058	44,060	42,025	40,049	37,183	33,310	28,076	23,347	18,554	14,533	12,826	11,518	10,695	9,513	7,940	5,727	4,312	2,549	3,130	2,894	2,428	3,249	2,897	1,723	0	936	0	956	1,043	819	0	0	0
Amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	23	38	54	71	76	77	77	77	82	76	121	166	164	139	192	0	191	0	191	254	253	0	0	0
Marketing and sales
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	0	0	0	-	0	-	0	0	0
Depreciation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,476	1,262	1,009	817	630	463	384	286	192	112	41	6	3	2	2	0	2	0	2	2	2	0	0	0
Impairment of intangibles
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	0	0	-	-	-	-
Total costs and expenses
76,360	77,231	77,732	78,969	81,373	82,852	80,175	78,083	73,680	67,359	65,816	65,304	66,226	66,747	63,869	57,728	52,106	45,696	40,841	38,385	34,276	31,112	27,980	22,947	18,554	15,359	11,846	9,771	7,154	4,914	6,641	3,497	2,284	0	1,495	0	1,543	1,746	1,530	0	0	0
Loss from operations
-71,739	-72,831	-74,321	-76,037	-78,365	-80,369	-76,746	-74,692	-70,700	-64,184	-64,072	-64,173	-65,639	-66,501	-63,640	-57,431	-51,810	-45,549	-40,637	-38,257	-34,154	-30,990	-27,925	-22,895	-18,508	-15,311	-11,801	-9,730	-7,097	-4,864	-6,598	-3,460	-2,050	0	-1,183	0	-999	-889	-409	0	0	0
Other income (expense):
Interest expense
-13,966	-14,256	-6,248	-6,489	-6,812	-10,113	6,720	3,363	158	0	0	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Foreign currency exchange loss
-193	-124	-261	-305	-564	-450	-333	-240	6	-75	-35	-37	-147	-77	-135	-92	25	-19	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest income
2,347	2,809	3,192	3,424	3,386	2,845	2,279	1,694	1,073	908	753	589	576	494	373	235	113	74	69	63	61	64	58	45	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-11	0	-	0	0	-	0	-	0	0	-	-	-	-	-	-	-	-	-
Other income, net
-	-	-	-	-	-	-	-	-	-	0	-	406	-	238	142	135	51	64	56	53	57	0	0	0	-	-	-	7	8	38	7	7	0	7	0	9	16	16	0	0	0
Other expense, net
94	14	15	6	30	28	30	0	0	-	-	0	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total other expense, net
-12,486	-11,585	-11,062	-10,624	-10,622	-7,746	-4,808	-2,085	0	-	0	0	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss before income taxes
-84,216	-84,416	-85,412	-86,663	-88,987	-88,115	-81,726	-76,805	-69,963	-63,535	-64,811	-65,647	0	-	0	0	-	-	-	-	-	-	-	-	-	-15,282	0	0	0	-	0	-1,937	59	0	20	12	-	13	30	0	0	0
Unrealized holding gain on asset sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	0	-	-
Gain on sale of equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	0	-
Net loss before income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for income taxes
-332	-111	-183	164	248	211	705	603	677	493	220	175	0	-	0	0	-	-	-	-	-	0	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss
-83,893	-84,305	-85,161	-86,825	-89,235	-88,326	-82,431	-77,408	-70,640	-64,028	-63,867	-64,091	-65,500	-66,374	-63,402	-57,289	-51,675	-45,498	-41,100	-38,728	-34,628	-30,933	-27,327	-22,310	-17,935	-15,282	-11,788	-9,726	-7,072	-4,823	-6,545	-5,416	-2,010	0	-1,182	0	-1,006	-876	-378	0	0	0
Basic and diluted net loss per share (usd per share)
-0.39	-0.40	-0.37	-0.38	-0.40	-0.41	-0.41	-0.43	-0.37	-0.29	-0.31	-0.31	-0.27	-0.31	-0.34	-0.35	-0.29	-0.29	-0.25	-0.27	-0.20	-0.20	-0.20	-0.19	-0.12	-0.12	-0.10	-0.10	-0.09	0.02	-0.07	-0.15	-0.09	-0.03	-0.03	-0.03	-0.01	-0.04	-0.04	-0.01	0.00	0.01
Weighted average shares outstanding (shares)
54,837	54,658	54,553	54,476	54,337	54,188	54,145	54,003	55,640	55,521	55,316	53,568	51,887	51,456	51,239	51,213	51,196	45,937	44,727	44,678	44,650	174,374	44	43	41	150,288	39	38	29	25,703	25,261	25,004	11,776	11,103	11,103	11,103	11,160	11,103	10,946	10,704	10,757	10,757
Other comprehensive loss:
Net loss
-83,893	-84,305	-85,161	-86,825	-89,235	-88,326	-82,431	-77,408	-70,640	-64,028	-63,867	-64,091	-65,500	-66,374	-63,402	-57,289	-51,675	-45,498	-41,100	-38,728	-34,628	-30,933	-27,327	-22,310	-17,935	-15,282	-11,788	-9,726	-7,072	-4,823	-6,545	-5,416	-2,010	0	-1,182	0	-1,006	-876	-378	0	0	0
Net unrealized gain on debt securities available-for-sale
295	193	306	297	197	23	-178	-186	-181	-117	-68	-131	-105	-64	-5	64	27	-20	-8	-24	-14	-15	0	28	26	22	11	0	17	33	14	37	33	0	-21	0	-31	-18	0	0	0	0
Foreign currency translation adjustment
-41	-102	-206	-119	-360	-172	-135	-18	377	321	231	132	-23	-128	-5	1	-48	1	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Comprehensive loss
-83,639	-84,214	-85,061	-86,647	-89,398	-88,475	-82,744	-77,612	-70,444	-63,824	-63,704	-64,090	-65,628	-66,566	-63,412	-57,224	-51,696	-45,517	-41,110	-38,752	-34,642	-30,948	-27,327	-22,282	-17,909	-15,260	0	-9,726	0	0	-	0	-	-	-	-	-	-	-	-	-	-