XML 58 R4.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenue:      
Precision oncology testing [1] $ 180,462 $ 78,407 $ 42,088
Development services [1] 33,913 12,232 7,754
Total revenue 214,375 90,639 49,842
Costs and operating expenses:      
Cost of precision oncology testing 62,255 39,846 28,883
Cost of development services 8,465 3,364 2,735
Research and development expense 86,292 50,714 25,562
Sales and marketing expense 78,335 53,465 32,497
General and administrative expense 61,399 36,192 36,777
Total costs and operating expenses 296,746 183,581 126,454
Loss from operations (82,371) (92,942) (76,612)
Interest income 13,741 5,266 2,234
Interest expense (1,181) (1,251) (2,702)
Loss on debt extinguishment 0 0 (5,075)
Other income (expense), net 88 4,702 (1,059)
Loss before provision for income taxes (69,723) (84,225) (83,214)
Provision for (benefit from) income taxes (1,872) 38 7
Net loss (67,851) (84,263) (83,221)
Adjustment of redeemable noncontrolling interest (7,800) (800) 0
Net loss attributable to Guardant Health, Inc. (75,651) (85,063) (83,221)
Deemed dividend related to repurchase of convertible preferred stock (1,100)    
Net loss attributable to Guardant Health, Inc. common stockholders $ (75,651) $ (85,063) $ (88,995)
Net loss per share attributable to common stockholders, basic and diluted (in usd per share) $ (0.84) $ (2.80) $ (7.07)
Weighted-average shares used in computing net loss per share attributable to common stockholders, basic and diluted (in shares) 90,597 30,403 12,582
Series A Convertible Preferred Stock      
Costs and operating expenses:      
Deemed dividend related to repurchase of convertible preferred stock $ 0 $ 0 $ (4,716)
Series D Convertible Preferred Stock      
Costs and operating expenses:      
Deemed dividend related to repurchase of convertible preferred stock $ 0 $ 0 $ (1,058)
[1] Fiscal year 2018 and 2017 results do not reflect the impact of the adoption of the new revenue accounting standard in fiscal year 2019.