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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
NET REVENUE        
Clinical testing revenue $ 55,739 $ 24,875 $ 166,674 $ 71,770
Pharma Services & research revenue 5,022 251 16,919 753
Total Revenue, net 60,761 25,126 183,593 72,523
COST OF REVENUE 33,416 13,955 100,471 40,995
GROSS MARGIN 27,345 11,171 83,122 31,528
Operating expenses:        
General and administrative 19,025 7,438 55,810 21,036
Research and development 967 871 3,719 2,342
Sales and marketing 5,958 2,748 18,084 8,569
Total Operating Expenses 25,950 11,057 77,613 31,947
INCOME (LOSS) FROM OPERATIONS 1,395 114 5,509 (419)
Interest expense, net 1,468 239 4,509 623
Income (loss) before taxes (73) (125) 1,000 (1,042)
Income tax expense (benefit) (6)   500 20
NET INCOME (LOSS) (67) (125) 500 (1,062)
Deemed dividends on preferred stock 1,840   5,520  
Amortization of preferred stock beneficial conversion feature 3,727   11,180  
NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS $ (5,634) $ (125) $ (16,200) $ (1,062)
NET LOSS PER SHARE ATTRIBUTABLE TO COMMON STOCKHOLDERS        
Basic $ (0.07) $ 0.00 $ (0.21) $ (0.02)
Diluted $ (0.07) $ 0.00 $ (0.21) $ (0.02)
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:        
Basic 78,145 60,537 77,224 60,414
Diluted 78,145 60,537 77,224 60,414