XML 34 R23.htm IDEA: XBRL DOCUMENT v3.25.3
Balance Sheet Components (Tables)
 9 Months Ended
Sep. 30, 2025
Balance Sheet Related Disclosures [Abstract]  
Schedule of Intangible Assets Intangible assets consisted of the following (in thousands of dollars):
 September 30, 2025December 31, 2024Weighted Average Remaining Amortization Period (Years)
 Gross Carrying AmountAccumulated AmortizationNet Carrying AmountGross Carrying AmountAccumulated AmortizationNet Carrying Amount
Percepta product technology$16,000 $(11,200)$4,800 $16,000 $(10,400)$5,600 4.5
Prosigna product technology4,120 (1,602)2,518 4,120 (1,396)2,724 9.2
Decipher product technology97,300 (41,187)56,113 90,000 (34,234)55,766 6.6
Decipher trade names4,000 (3,643)357 4,000 (3,043)957 0.5
C2i developed technology25,300 (2,811)22,489 25,300 (1,546)23,754 13.3
Total finite-lived intangibles146,720 (60,443)86,277 139,420 (50,619)88,801 8.3
In-process research and development6,200 — 6,200 13,500 — 13,500 
Total intangible assets$152,920 $(60,443)$92,477 $152,920 $(50,619)$102,301 
Schedule of Future Aggregate Amortization Expense
The estimated future aggregate amortization expense as of September 30, 2025 is as follows (in thousands of dollars):
Year Ending December 31,Amounts
2025 remainder of year$3,329 
202612,672 
202712,515 
202812,515 
202912,515 
Thereafter32,731 
Total$86,277 
Schedule of Supplies and Inventory
As of September 30, 2025 and December 31, 2024, supplies and inventory consisted of the following (in thousands of dollars):

 September 30, 2025December 31, 2024
Supplies$20,327 $17,876 
Inventory— 3,874 
Total supplies and inventory$20,327 $21,750 
Schedule of Major Classes of Asset and Liabilities Deconsolidated and Loss on Deconsolidation
The following table summarizes the major classes of assets and liabilities of Veracyte SAS that were deconsolidated as of August 1, 2025 (in thousands of dollars):

Amounts
Current assets:
Cash and cash equivalents$2,845 
Accounts receivable2,087 
Supplies and inventory4,318 
Prepaid expenses and other current assets3,751 
Total current assets13,001 
Property, plant and equipment, net804 
Right-of-use assets, operating leases673 
Total assets deconsolidated14,478 
Current liabilities:
Accounts payable(3,171)
Accrued Liabilities(6,004)
Total current liabilities(9,175)
Operating lease liabilities(9,459)
Total liabilities deconsolidated(18,634)
Net liabilities deconsolidated$(4,156)

The loss on deconsolidation was calculated as follows (in thousands of dollars):
Nine Months Ended September 30,
Net liabilities deconsolidated$(4,156)
Release of accumulated translation adjustment8,295 
Recording of accounts payable to subsidiary 769 
Other expenses1,800 
Net loss on deconsolidation$6,708 
Schedule of Accrued Liabilities
Accrued liabilities consisted of the following (in thousands of dollars):
 
 September 30, 2025December 31, 2024
Accrued compensation expenses$26,952 $30,595 
Accrued other21,421 13,231 
Total accrued liabilities$48,373 $43,826