XML 16 R4.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidated Statements of Operations (unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenue:        
Precision oncology testing $ 50,991 $ 42,064 $ 111,237 $ 70,901
Development services 15,344 11,911 22,608 19,729
Total revenue 66,335 53,975 133,845 90,630
Costs and operating expenses:        
Cost of precision oncology testing 17,809 14,650 36,000 25,673
Cost of development services 4,626 2,183 6,941 4,695
Research and development expense 36,319 19,532 73,335 35,848
Sales and marketing expense 25,015 19,439 50,130 37,246
General and administrative expense 37,186 13,439 56,971 26,100
Total costs and operating expenses 120,955 69,243 223,377 129,562
Loss from operations (54,620) (15,268) (89,532) (38,932)
Interest income 2,640 3,099 5,958 5,584
Interest expense (10) (287) (22) (580)
Other income (expense), net 2,285 (51) 2,076 96
Loss before provision for income taxes (49,705) (12,507) (81,520) (33,832)
Provision for (benefit from) income taxes 34 (1,207) 48 (1,181)
Net loss (49,739) (11,300) (81,568) (32,651)
Adjustment of redeemable noncontrolling interest (4,900) (300) (800) (5,000)
Net loss attributable to Guardant Health, Inc. common stockholders $ (54,639) $ (11,600) $ (82,368) $ (37,651)
Net loss per share attributable to Guardant Health, Inc. common stockholders, basic and diluted (in usd per share) $ (0.57) $ (0.13) $ (0.87) $ (0.43)
Weighted-average shares used in computing net loss per share attributable to Guardant Health, Inc. common stockholders, basic and diluted (in shares) 96,011 89,036 95,196 87,494