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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Revenue, net of contractual allowances and adjustments $ 15,415 $ 9,820
Adjustment for allowance for doubtful accounts (218) (408)
Net sales 15,197 9,412
Total cost of sales 9,179 6,902
Gross profit 6,018 2,510
OPERATING EXPENSES:    
Operating expenses 13,638 15,307
OPERATING LOSS (7,620) (12,797)
OTHER (EXPENSE) INCOME:    
Interest expense, net (18) (12)
Warrant revaluation   606
Gain on settlement of liability   25
Gain on write-off of liability 1,720  
Other income 65  
Total other income 1,767 619
LOSS BEFORE INCOME TAXES (5,853) (12,178)
INCOME TAX EXPENSE 0 0
NET LOSS (5,853) (12,178)
Less: Net income attributable to noncontrolling interest in joint venture   (25)
NET LOSS ATTRIBUTABLE TO PRECIPIO, INC. COMMON STOCKHOLDERS $ (5,853) $ (12,203)
LOSS PER COMMON SHARE, BASIC $ (4.51) $ (10.73)
LOSS PER COMMON SHARE, DILUTED $ (4.51) $ (10.73)
WEIGHTED-AVERAGE SHARES OF COMMON STOCK OUTSTANDING, BASIC 1,297,851 1,137,573
WEIGHTED-AVERAGE SHARES OF COMMON STOCK OUTSTANDING, DILUTED 1,297,851 1,137,573
Service revenue, net    
Revenue, net of contractual allowances and adjustments $ 12,396 $ 8,418
Adjustment for allowance for doubtful accounts (218) (408)
Net sales 12,178 8,010
Total cost of sales 8,099 5,917
Other revenue    
Revenue, net of contractual allowances and adjustments 3,019 1,402
Net sales 3,019 1,402
Total cost of sales $ 1,080 $ 985