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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
Revenue        
Revenue $ 18,765 $ 18,604 $ 54,530 $ 58,865
Cost of Revenue:        
Total cost of revenue 7,519 7,364 22,033 26,348
Gross Profit 11,246 11,240 32,497 32,517
Operating Expenses        
Selling, general and administrative 12,442 13,708 36,864 42,843
Research and development 4,681 3,262 12,446 10,503
Amortization of acquisition-related assets 958 1,054 2,691 3,162
Impairment of intangible asset 0 0 0 3,977
Total operating expenses 18,081 18,024 52,001 60,485
Loss from operations (6,835) (6,784) (19,504) (27,968)
Interest expense, net (4,861) (4,556) (14,291) (13,443)
Other income (expense), net 747 (3,586) (2,550) (5,022)
Loss from related party equity method investment 0 (1,983) (31,702) [1] (6,401) [1]
Loss from continuing operations before income taxes (10,949) (16,909) (68,047) (52,834)
Provision for (benefit from) income taxes 77 (529) 174 (659)
Net loss from continuing operations (11,026) (16,380) (68,221) (52,175)
(Loss) income from discontinued operations, net of tax attributable to NantHealth (16) 3 31,955 1,162
Net loss (11,042) (16,377) (36,266) (51,013)
Net loss attributable to noncontrolling interests (42) 0 (42) 0
Net loss attributable to NantHealth $ (11,000) $ (16,377) $ (36,224) $ (51,013) [1]
Basic and diluted net income (loss) per share attributable to NantHealth:        
Continuing operations - common stock (in dollars per share) $ (0.10) $ (0.15) $ (0.62) $ (0.47)
Discontinued operations - common stock (in dollars per share) 0 0 0.29 0.01
Total net income (loss) per share - common stock (in dollars per share) $ (0.10) $ (0.15) $ (0.33) $ (0.46)
Weighted average shares outstanding        
Basic and diluted - common stock (shares) 110,929,357 110,619,905 110,859,611 110,261,279
Total software-related revenue        
Revenue        
Revenue $ 18,716 $ 18,328 $ 54,358 $ 54,421
Cost of Revenue:        
Total cost of revenue 7,303 6,902 21,206 20,811
Software-as-a-service related        
Revenue        
Revenue 18,355 18,328 53,997 54,421
Cost of Revenue:        
Total cost of revenue 5,935 5,638 17,552 17,004
Maintenance        
Revenue        
Revenue 299 0 299 0
Cost of Revenue:        
Total cost of revenue 131 121 131 288
Professional services        
Revenue        
Revenue 62 0 62 0
Cost of Revenue:        
Total cost of revenue 15 0 15 0
Amortization of developed technologies        
Cost of Revenue:        
Total cost of revenue 1,222 1,143 3,508 3,519
Sequencing and molecular analysis        
Revenue        
Revenue 49 276 172 1,581
Cost of Revenue:        
Total cost of revenue 216 462 827 4,066
Home health care services        
Revenue        
Revenue 0 0 0 2,863
Cost of Revenue:        
Total cost of revenue $ 0 $ 0 $ 0 $ 1,471
[1] The statements for the nine months ended September 30, 2020 and 2019 include the Connected Care Business (see Note 4).