Company: VCYT
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001384101-25-000110
Chunk: 26

Company: VERACYTE, INC.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 26
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408 Employee stock purchase plan51 — — — Anti-dilutive potential common shares6,079 5,373 664 2,814 

3. Balance Sheet Components

GoodwillGoodwill was $773.3 million and $745.8 million as of June 30, 2025 and December 31, 2024, respectively. The changes in the carrying amounts of goodwill during the three and six months ended June 30, 2025 were due to foreign currency translation.  The Company has not recorded any impairment related to goodwill.Intangible Assets, NetIntangible assets include finite-lived product technology, customer relationships, licenses and trade names and indefinite-lived in-process research and development. Intangible assets consisted of the following (in thousands of dollars): June 30, 2025December 31, 2024Weighted Average Remaining Amortization Period (Years) Gross Carrying AmountAccumulated AmortizationNet Carrying AmountGross Carrying AmountAccumulated AmortizationNet Carrying AmountPercepta product technology$16,000 $(10,933)$5,067 $16,000 $(10,400)$5,600 5Prosigna product technology4,120 (1,534)2,586 4,120 (1,396)2,724 9Decipher product technology97,300 (38,815)58,485 90,000 (34,234)55,766 7Decipher trade names4,000 (3,443)557 4,000 (3,043)957 1C2i developed technology25,300 (2,389)22,911 25,300 (1,546)23,754 14Total finite-lived intangibles146,720 (57,114)89,606 139,420 (50,619)88,801 8.5In-process research and development6,200 — 6,200 13,500 — 13,500 Total intangible assets$152,920 $(57,114)$95,806 $152,920 $(50,619)$102,301 Acquisition-related intangibles are generally finite-lived and are carried at cost less accumulated amortization. Amortization of the finite-lived intangible assets is recognized on a straight-line basis over their estimated lives, which approx