Exhibit 99.2
PACIFIC BIOSCIENCES OF CALIFORNIA, INC.
Consolidated Statements of Operations and Comprehensive Loss
(Unaudited)
Years Ended December 31, | ||||||||||||
(in thousands, except per share amounts) | 2012 | 2011 | 2010 | |||||||||
Revenue: | ||||||||||||
Product revenue | $ | 20,089 | $ | 31,486 | $ | — | ||||||
Service and other revenue | 4,959 | 1,487 | — | |||||||||
Grant revenue | 935 | 890 | 1,674 | |||||||||
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Total revenue | 25,983 | 33,863 | 1,674 | |||||||||
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Cost of Revenue: | ||||||||||||
Cost of product revenue | 18,796 | 18,725 | — | |||||||||
Cost of service and other revenue | 6,247 | 2,104 | — | |||||||||
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Total cost of revenue | 25,043 | 20,829 | — | |||||||||
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Gross profit | 940 | 13,034 | 1,674 | |||||||||
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Operating Expense: | ||||||||||||
Research and development | 47,623 | 76,080 | 111,821 | |||||||||
Sales, general and administrative | 47,655 | 46,710 | 30,087 | |||||||||
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Total operating expense | 95,278 | 122,790 | 141,908 | |||||||||
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Operating loss | (94,338 | ) | (109,756 | ) | (140,234 | ) | ||||||
Other income, net | (127 | ) | 368 | 68 | ||||||||
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Net loss | $ | (94,465 | ) | $ | (109,388 | ) | $ | (140,166 | ) | |||
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Basic and diluted net loss per share | $ | (1.69 | ) | $ | (2.03 | ) | $ | (14.10 | ) | |||
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Shares used in computing basic and diluted net loss per share | 55,733 | 53,874 | 9,938 | |||||||||
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Comprehensive loss | $ | (94,491 | ) | $ | (109,310 | ) | $ | (140,188 | ) | |||
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