Company: VCYT
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001384101-25-000110
Chunk: 11

Company: VERACYTE, INC.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 11
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Item 1. Condensed Consolidated Financial Statements-(Unaudited)

VERACYTE, INC. 

Condensed Consolidated Balance Sheets 

(unaudited)

(In thousands, except share and par value amounts)

 June 30, 2025December 31, 2024  (See Note 1)Assets  Current assets:  Cash and cash equivalents$219,499 $239,087 Short-term investments101,220 50,354 Accounts receivable50,814 46,525 Supplies and inventory25,020 21,750 Prepaid expenses and other current assets18,128 14,551 Total current assets414,681 372,267 Property, plant and equipment, net18,552 22,953 Right-of-use assets, operating leases38,679 48,189 Intangible assets, net95,806 102,301 Goodwill773,255 745,800 Restricted cash1,654 1,544 Other assets1,477 6,981 Total assets$1,344,104 $1,300,035 Liabilities and Stockholders’ EquityCurrent liabilities:Accounts payable$11,447 $8,634 Accrued liabilities43,707 43,826 Current portion of deferred revenue1,450 1,673 Current portion of acquisition-related contingent consideration13,415 16,981 Current portion of operating lease liabilities6,414 7,500 Current portion of other liabilities— 19 Total current liabilities76,433 78,633 Deferred tax liabilities1,301 1,227 Acquisition-related contingent consideration, net of current portion573 561 Operating lease liabilities, net of current portion44,232 43,237 Other liabilities508 411 Total liabilities123,047 124,069 Commitments and contingenciesStockholders’ equity:Preferred stock, $0.001 par value; 5,000,000 shares authorized, no shares issued and outstanding as of June 30, 2025 and December 31, 2024— — Common stock, $0.001 par value; 125,000,000 shares authorized, 78,599,109 and 77,772,678 shares issued and outstanding as of June 30, 2025 and December 31, 2024, respectively79 78 Additional paid-in capital1