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Vermillion Reports Fourth Quarter and Full Year 2012 Results
Date:2/20/2013

ets:Cash and cash equivalents

$
8,007$
22,477Accounts receivable

13799Prepaid expenses and other current assets

348317Total current assets

8,49222,893Property and equipment, net

142216Other assets

-2Total assets

$
8,634$
23,111Liabilities and Stockholders' EquityCurrent liabilities:Accounts payable

$
525$
,331Accrued liabilities

1,0742,592Short-term debt

1,1067,000Deferred revenue

492553Total current liabilities

3,19711,476Non-current liabilities:Long-term deferred revenue

7701,224Other liabilities

-52Total liabilities

3,96712,752Commitments and contingenciesStockholders' equity:Preferred stock, $0.001 par value, 5,000,000 shares authorized, none issued and outstanding at December 31, 2012 and 2011

--Common stock, $0.001 par value, 150,000,000 shares authorized; 15,200,079 and 14,900,831 shares issued and outstanding at December 31, 2012 and 2011, respectively

1515Additional paid-in capital

328,097326,796Accumulated deficit

(323,445)(316,299)Accumulated other comprehensive loss

-(153)Total stockholders' equity

4,66710,359Total liabilities and stockholders' equity

$
8,634$
23,111 

 Vermillion, Inc.Consolidated Statements of Operations(Amounts in Thousands, Except Share and Per Share Amounts)

(Unaudited)Three months ended December 31, Year Ended December 31, 2012201120122011Revenue:Product

$
,029$
755$
,640$
,469License

113113454454Total revenue 

1,1428682,0941,923Cost of revenue:Product

3224131129Total cost of revenue

3224131129Gross profit 

1,1108441,9631,794Operating expenses:Research and development(1) 

3331,1682,2165,387Sales and marketing(2)

9311,2194,6535,539General
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SOURCE Vermillion, Inc.
Copyright©2012 PR Newswire.
All rights reserved

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