0000000000-19-014846.txt : 20200110 0000000000-19-014846.hdr.sgml : 20200110 20191025093710 ACCESSION NUMBER: 0000000000-19-014846 CONFORMED SUBMISSION TYPE: UPLOAD PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20191025 FILED FOR: COMPANY DATA: COMPANY CONFORMED NAME: NEOGENOMICS INC CENTRAL INDEX KEY: 0001077183 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-TESTING LABORATORIES [8734] IRS NUMBER: 742897368 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: UPLOAD BUSINESS ADDRESS: STREET 1: 12701 COMMONWEALTH DRIVE STREET 2: SUITE 9 CITY: FORT MYERS STATE: FL ZIP: 33913 BUSINESS PHONE: 9419231949 MAIL ADDRESS: STREET 1: 12701 COMMONWEALTH DRIVE STREET 2: SUITE 9 CITY: FORT MYERS STATE: FL ZIP: 33913 FORMER COMPANY: FORMER CONFORMED NAME: AMERICAN COMMUNICATIONS ENTERPRISES INC DATE OF NAME CHANGE: 19990120 PUBLIC REFERENCE ACCESSION NUMBER: 0001077183-19-000008 LETTER 1 filename1.pdf begin 644 filename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Form 10-K for Fiscal Year Ended December 31, 2018 Filed February 26, 2019 File No. 001-35756 Dear Ms. Virag: We have reviewed your filing and have the following comment. In our comment, we may ask you to provide us with information so we may better understand your disclosure. Please respond to this comment within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe our comment applies to your facts and circumstances, please tell us why in your response. After reviewing your response to this comment, we may have additional comments. Form 10-K for Fiscal Year Ended December 31, 2018 Consolidated Statements of Operations Consolidated Statements of Redeemable Convertible Preferred Stock and Stockholders' Equity, page 66 1. Your consolidated statement of operations for 2018 discloses that you recognized deemed dividends on your Series A convertible preferred stock of $10.2 million and negative amortization of the beneficial conversion feature associated with the Series A convertible preferred stock of $4.6 million during 2018. Please explain how you calculated or determined the amounts of each of these items for 2018 pursuant to the guidance in ASC 480-10-S99-3A, ASC 470-20-40-1, or other relevant US GAAP accounting literature, as applicable. Also, please explain why the amounts of each of these items changed from the amounts presented in your interim financial statements for the nine months ended September 30, 2018 when your disclosure in Note I to the financial statements indicates that all of the remaining Series A convertible preferred shares were redeemed on June 25, 2018. In addition, please explain the nature and amount of the $20.9 million reduction to Sharon Virag Neogenomics, Inc. October 24, 2019 Page 2 stockholder's equity on the line item "amortization of beneficial conversion feature" in your 2018 consolidated statement of redeemable convertible preferred stock and stockholders' equity. Also, please explain why the adjustment to the carrying value of the Series A preferred shares of $1.8 million on this line item differs from the amount reflected in your statement of operations of $4.6 million. We remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff. You may contact Blaise Rhodes at 202-551-3774 or Linda Cvrkel at 202-551-3813 if you have questions regarding comments on the financial statements and related matters. FirstName LastNameSharon Virag Sincerely, Comapany NameNeogenomics, Inc. Division of Corporation Finance October 24, 2019 Page 2 Office of Trade & Services FirstName LastName