CareDx Inc
For the period ended Dec 31, 2024. Filed Feb 28, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 28, 2025
CDNA$84.42+7.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations
(In thousands, except share and per share data)
| Year Ended December 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Revenue: | |||
| Testing services revenue | $249,381 | $209,685 | $263,748 |
| Product revenue | 40,783 | 33,517 | 29,251 |
| Patient and digital solutions | 43,621 | 37,122 | 28,794 |
| Total revenue | 333,785 | 280,324 | 321,793 |
| Operating expenses: | |||
| Cost of testing services | 55,611 | 57,642 | 72,286 |
| Cost of product | 23,381 | 18,379 | 17,639 |
| Cost of patient and digital solutions | 30,638 | 25,978 | 22,287 |
| Research and development | 72,405 | 81,866 | 90,388 |
| Sales and marketing | 81,718 | 83,334 | 96,027 |
| General and administrative | 123,784 | 117,868 | 100,397 |
| Restructuring costs | 1,783 | 2,320 | — |
| Litigation expense | (96,300) | 96,300 | — |
| Total operating expenses | 293,020 | 483,687 | 399,024 |
| Income (loss) from operations | 40,765 | (203,363) | (77,231) |
| Other income (expense): | |||
| Interest income, net | 11,765 | 11,867 | 3,762 |
| Change in estimated fair value of common stock warrant liability | — | 10 | 107 |
| Other income (expense), net | 329 | 1,343 | (2,872) |
| Total other income | 12,094 | 13,220 | 997 |
| Income (loss) before income taxes | 52,859 | (190,143) | (76,234) |
| Income tax expense | (310) | (141) | (379) |
| Net income (loss) | $52,549 | $(190,284) | $(76,613) |
| Net income (loss) per share (Note 3): | |||
| Basic | $1.00 | $(3.54) | $(1.44) |
| Diluted | $0.93 | $(3.54) | $(1.44) |
| Weighted-average shares used to compute net income (loss) per share: | |||
| Basic | 52,773,247 | 53,764,705 | 53,321,625 |
| Diluted | 56,620,590 | 53,764,705 | 53,321,625 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.