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REVERSE MERGER

6 Months Ended

Jun. 30, 2018

REVERSE MERGER [Abstract]

REVERSE MERGER

3.  REVERSE MERGER



Unaudited pro forma information



The operating results of Transgenomic have been included in the Company's consolidated financial statements for all periods after June 29, 2017.



The following unaudited pro forma information presents the Company's financial results as if the acquisition of Transgenomic had occurred on January 1, 2017 and combines Transgenomic’s unaudited condensed consolidated statement of operations for the three and six months ended June 30, 2017 with Precipio’s unaudited condensed statement of operations for the three and six months ended June 30, 2017:






Dollars in thousands, except per share amounts		June 30, 2017
			Three Months Ended			Six Months Ended
Net sales		$	565		$	1,472
Net loss available to common stockholders			(11,086)			(13,864)
Loss per common share		$	(1.73)		$	(2.16)



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- Definition

The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-URI http://asc.fasb.org/topic&trid=2303972

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- References

No definition available.

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