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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenues        
Revenues from external customers $ 23,583 $ 18,299 $ 83,845 $ 73,720
Operating Expenses        
Impairment of goodwill   178 9,635 178
Impairment of other noncurrent assets     13,326 448
Other Expense, Net        
Unrealized and realized appreciation (depreciation) in fair value of equity securities and preferred stock, net     (106) 2,634
Equity in net loss of affiliates     (1,163) (5,034)
Loss from continuing operations before income taxes (29,558) (49,057) (102,934) (134,284)
Loss from discontinued operations, net of income taxes 0 (4,580) (26,056) (20,442)
Net loss (29,508) (53,634) (128,860) (154,701)
Net loss attributable to the noncontrolling interests 0 0 0 1,592
Net loss attributable to Precigen (29,508) (53,634) (128,860) (153,109)
Amounts Attributable to Precigen        
Net loss from continuing operations attributable to Precigen (29,508) (49,054) (102,804) (132,667)
Net loss from discontinued operations attributable to Precigen 0 (4,580) (26,056) (20,442)
Net loss attributable to Precigen $ (29,508) $ (53,634) $ (128,860) $ (153,109)
Net Loss per Share        
Net loss from continuing operations attributable to Precigen per share, basic and diluted (in dollars per share) $ (0.18) $ (0.32) $ (0.63) $ (0.86)
Net loss from discontinued operations attributable to Precigen per share, basic and diluted (in dollars per share) 0 (0.03) (0.16) (0.14)
Net loss attributable to Precigen per share, basic and diluted (in dollars per share) $ (0.18) $ (0.35) $ (0.79) $ (1.00)
Weighted average shares outstanding, basic and diluted (in shares) 165,527,024 154,596,257 163,318,375 153,770,785
Collaboration and licensing agreements        
Revenues        
Revenues from external customers $ 5,223 $ 2,296 $ 20,259 $ 14,717
Continuing Operations        
Revenues        
Revenues from external customers 23,583 18,299 83,845 73,720
Operating Expenses        
Research and development 12,154 25,667 45,253 80,844
Selling, general and administrative 22,300 22,187 64,057 72,486
Impairment of goodwill 0 178 9,635 178
Impairment of other noncurrent assets 920 448 13,326 448
Operating expenses 48,561 62,936 173,994 199,946
Operating loss (24,978) (44,637) (90,149) (126,226)
Other Expense, Net        
Unrealized and realized appreciation (depreciation) in fair value of equity securities and preferred stock, net 0 (3,139) 0 3,070
Interest expense (4,646) (4,466) (13,830) (13,124)
Interest and dividend income 579 883 2,025 3,268
Other income, net 10 2,781 145 671
Total other expense, net (4,057) (3,941) (11,660) (6,115)
Equity in net loss of affiliates (523) (479) (1,125) (1,943)
Loss from continuing operations before income taxes (29,558) (49,057) (102,934) (134,284)
Income tax benefit 50 3 130 25
Loss from continuing operations (29,508) (49,054) (102,804) (134,259)
Continuing Operations | Collaboration and licensing agreements        
Revenues        
Revenues from external customers 5,223 2,296 20,259 14,717
Continuing Operations | Products        
Revenues        
Revenues from external customers 6,896 5,846 20,397 18,483
Operating Expenses        
Cost of products and services 7,296 7,906 21,526 24,130
Continuing Operations | Services        
Revenues        
Revenues from external customers 11,288 9,924 42,615 39,707
Operating Expenses        
Cost of products and services 5,891 6,550 20,197 21,860
Continuing Operations | Other        
Revenues        
Revenues from external customers $ 176 $ 233 $ 574 $ 813