XML 17 R4.htm IDEA: XBRL DOCUMENT v3.22.0.1
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Income Statement [Abstract]      
Revenue $ 992,584 $ 421,712 $ 32,528
Cost of revenue 215,533 89,807 14,107
Gross profit 777,051 331,905 18,421
Operating expenses:      
Research and development 24,219 11,580 6,537
Selling and marketing 24,439 14,952 5,898
General and administrative 50,732 15,215 6,414
Amortization of intangible assets 1,708    
Total operating expenses 101,098 41,747 18,849
Operating income (loss) 675,953 290,158 (428)
Interest and other income, net 1,347 1,526 837
Income before income taxes, equity loss in investee and gain (loss) on equity-method investments 677,300 291,684 409
Provision for income taxes 174,795 72,532 43
Income before equity loss in investee and gain (loss) on equity-method investments 502,505 219,152 366
Equity loss in investee   (488) (777)
Gain (loss) on equity-method investments 3,734 (4,354)  
Net income (loss) from consolidated operations 506,239 214,310 (411)
Net loss attributable to noncontrolling interests 1,125    
Net income (loss) attributable to Fulgent $ 507,364 $ 214,310 $ (411)
Net income (loss) per common share attributable to Fulgent:      
Basic $ 17.25 $ 9.44 $ (0.02)
Diluted $ 16.38 $ 8.91 $ (0.02)
Weighted-average common shares:      
Basic 29,408 22,694 18,709
Diluted 30,976 24,056 18,709