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Business Combination (Tables)
12 Months Ended
Dec. 31, 2016
Business Combination  
Schedule of pro forma financial information as if the Merger had occurred as of January 1, 2013
The following pro forma financial information is based on the historical financial statements of the Company and presents the Company's results as if the Merger had occurred as of January 1, 2013 (in thousands of dollars):

 
Year Ended
December 31,
 
2014
 
2013
Revenue
$
38,190

 
$
21,884

Net loss
$
(29,090
)
 
$
(28,605
)
Allegro  
Business Combination  
Schedule of acquisition consideration
The acquisition consideration was comprised of (in thousands of dollars):

Veracyte common stock
$
10,078

Cash
2,725

Payment of outstanding indebtedness
4,290

Total acquisition consideration
$
17,093

Schedule of fair value of assets acquired and liabilities assumed
The fair value of the assets acquired and liabilities assumed at the closing date of the Merger are summarized below (in thousands of dollars):

Cash and cash equivalents
$
29

Other assets, net
7

In-process research and development (IPR&D)
16,000

Goodwill
1,057

Total net assets acquired
$
17,093