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  • May 8, 2024

      Show headlines and story abstract
    • 4:07PM ET on Wednesday May 08, 2024 by MT Newswires
      Companies Mentioned: LAB
      04:07 PM EDT, 05/08/2024 (MT Newswires) -- ...
    • 4:01PM ET on Wednesday May 08, 2024 by GlobeNewswire
      Companies Mentioned: LAB
    • 4:01PM ET on Wednesday May 08, 2024 by Dow Jones
      Companies Mentioned: LAB
    • 4:01PM ET on Wednesday May 08, 2024 by Dow Jones
      Companies Mentioned: LAB
      -------------------------- --------------------------- March 31, March 31, March 31, March 31, 2024 2023 2024 2023 ------------ ------------ ------------- ------------ Operating expenses $ 84,370 $ 28,874 $ 75,760 $ 97,149 Restructuring and related charges (4,284) (1,150) (4,284) (1,150) Transaction and integration expenses (17,163) -- (14,733) (17,587) Stock-based compensation expense (11,372) (2,795) (5,276) (10,452) Amortization of acquired intangible assets (150) -- (150) (150) Depreciation and amortization (2,065) (539) (2,199) (1,878) Gain/loss on disposal of property and equipment (14) -- (14) (16) Non-GAAP operating expenses $ 49,322 $ 24,390 $ 49,105 $ 65,916 ======= ======= ======= === ======= R&D operating expenses $ 15,980 $ 6,429 $ 16,632 $ 20,573 Stock-based compensation expense (1,328) (416) (1,328) (2,192) Depreciation and amortization (871) (150) (884) (631) Non-GAAP R&D operating expenses $ 13,781 $ 5,863 $ 14,420 $ 17,750 ======= ======= ======= === ======= SG&A expenses $ 46,943 $ 21,295 $ 40,112 $ 57,689 Stock-based compensation expense (10,044) (2,379) (3,948) (8,261) Amortization of acquired intangible assets (150) -- (150) -- Depreciation and amortization (1,194) (389) (1,315) (1,247) Gain/loss on disposal of property and equipment (14) -- (14) (16) Non-GAAP SG&A expenses $ 35,541 $ 18,527 $ 34,685 $ 48,166 ======= ======= ======= === ======= STANDARD BIOTOOLS INC. RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL INFORMATION (In thousands) (Unaudited) ITEMIZED RECONCILIATION OF GAAP NET LOSS TO NON-GAAP ADJUSTED EBITDA As Reported Non-GAAP Pro Forma Combined -------------------------- --------------------------- Three Months Ended Three Months Ended -------------------------- --------------------------- March 31, March 31, March 31, March 31, 2024 2023 2024 2023 ------------ ------------ ------------- ------------ Net loss $(32,157) $(16,843) $(50,019) $(45,053) Income tax expense 128 263 -- -- Interest income, net (5,174) (72) (5,253) (5,741) Amortization of acquired intangible assets 2,106 2,800 2,137 3,506 Depreciation and amortization 3,089 862 3,243 2,555 Bargain purchase gain (25,213) -- -- (25,213) Restructuring and related charges 4,284 1,150 4,284 1,150 Transaction and integration expenses 17,163 -- 14,733 17,587 Stock-based compensation expense 11,611 3,148 5,515 10,848 Cost of sales adjustment (1,812) -- -- (1,337) Gain/loss on disposal of property and equipment 14 -- 14 16 Other non-operating expense 2,234 59 2,234 -- Adjusted EBITDA $(23,728) $ (8,633) $(23,114) $(41,682) ======= ======= ======= =======
  • Apr 25, 2024

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