v3.25.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenues [Abstract]        
Revenue $ 58,879 $ 43,190 $ 111,322 $ 85,063
Operating expenses        
Cost of revenue 17,999 19,317 34,978 37,368
Research and development 24,134 25,353 48,337 55,598
Sales and marketing 23,573 20,314 46,620 42,633
General and administrative 17,786 17,895 35,185 37,492
Amortization of intangible assets 423 424 842 847
Impairment of long-lived assets [1]   7,205   7,205
Total operating expenses 83,915 90,508 165,962 181,143
Loss from operations (25,036) (47,318) (54,640) (96,080)
Interest and other income, net 2,391 3,766 5,070 7,988
Interest expense (2,948) (2,696) (5,853) (5,689)
Net loss (25,593) (46,248) (55,423) (93,781)
Add: Net (income) loss attributable to noncontrolling interest (21) 26 (43) 52
Net loss attributable to Adaptive Biotechnologies Corporation $ (25,614) $ (46,222) $ (55,466) $ (93,729)
Net loss per share attributable to Adaptive Biotechnologies Corporation common shareholders, basic $ (0.17) $ (0.31) $ (0.37) $ (0.64)
Weighted-average shares used in computing net loss per share attributable to Adaptive Biotechnologies Corporation common shareholders, basic 152,082,284 147,414,095 150,646,632 146,600,811
Net loss per share attributable to Adaptive Biotechnologies Corporation common shareholders, diluted $ (0.17) $ (0.31) $ (0.37) $ (0.64)
Weighted-average shares used in computing net loss per share attributable to Adaptive Biotechnologies Corporation common shareholders, diluted 152,082,284 147,414,095 150,646,632 146,600,811
[1] Represents expenses recognized in conjunction with restructuring activities. See Note 12, Restructurings for details on our restructuring expense.