Exhibit 99.2
PACIFIC BIOSCIENCES OF CALIFORNIA, INC.
Condensed Consolidated Statements of Operations and Comprehensive Loss
(Unaudited)
Three-Month Periods Ended | ||||||||
(in thousands, except per share amounts) | March 31, 2013 | March 31, 2012 | ||||||
Revenue: | ||||||||
Product revenue | $ | 3,833 | $ | 8,715 | ||||
Service and other revenue | 1,475 | 1,053 | ||||||
Grant revenue | 270 | 270 | ||||||
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Total revenue | 5,578 | 10,038 | ||||||
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Cost of Revenue: | ||||||||
Cost of product revenue | 3,200 | 8,607 | ||||||
Cost of service and other revenue | 1,448 | 1,583 | ||||||
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Total cost of revenue | 4,648 | 10,190 | ||||||
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Gross profit (loss) | 930 | (152 | ) | |||||
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Operating Expense: | ||||||||
Research and development | 11,983 | 12,073 | ||||||
Sales, general and administrative | 9,554 | 15,285 | ||||||
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Total operating expense | 21,537 | 27,358 | ||||||
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Operating loss | (20,607 | ) | (27,510 | ) | ||||
Other income (expense), net | (497 | ) | (70 | ) | ||||
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Net loss | $ | (21,104 | ) | $ | (27,580 | ) | ||
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Other comprehensive income (loss): | ||||||||
Unrealized gain (loss) on investments | (19 | ) | 78 | |||||
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Comprehensive loss | $ | (21,123 | ) | $ | (27,502 | ) | ||
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Net loss per share: | ||||||||
Basic and diluted net loss per share | $ | (0.37 | ) | $ | (0.50 | ) | ||
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Shares used in computing basic and diluted net loss per share | 57,372 | 55,201 | ||||||
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