Great Basin Scientific

Great Basin Scientific is a publicly-held (NASDAQ: GBSN, GBSNU) molecular diagnostics company that commercializes breakthrough chip-based technologies. The company is dedicated to the development of simple, yet powerful, sample-to-result technology and products that provide fast, multiple-pathogen diagnoses of infectious diseases. By providing more diagnostic data per sample, healthcare providers are able to treat patients with the right medication sooner, improving outcomes and reducing costs. The company’s vision is to make molecular diagnostic testing so simple and cost-effective that every patient will be tested for every serious infection, reducing misdiagnoses and significantly limiting the spread of infectious disease.
Company Growth (employees)
Salt Lake City, US
Size (employees)
70 (est)
Great Basin Scientific was founded in 2005 and is headquartered in Salt Lake City, US

Key People/Management at Great Basin Scientific

Ryan Ashton

Ryan Ashton

Co-Founder and CEO
Jeffrey Rona

Jeffrey Rona

Chief Financial Officer
Robert Jenison

Robert Jenison

Senior Vice President, R&D and Chief Technology Officer
Sandra Nielsen

Sandra Nielsen

Senior Vice President, Sales, Marketing, and HR
Wesley Lindsey

Wesley Lindsey

Vice President, Product Development
Carlos González

Carlos González

Vice President, Engineering

Great Basin Scientific Office Locations

Great Basin Scientific has an office in Salt Lake City
Salt Lake City, US (HQ)
520 420 E S Temple
Salt Lake City, US
2441 3850 W
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Great Basin Scientific Financials and Metrics

Great Basin Scientific Financials

Great Basin Scientific's revenue was reported to be $3 m in FY, 2016

Revenue (Q1, 2017)

830.8 k

Gross profit (Q1, 2017)

(1.1 m)

Gross profit margin (Q1, 2017), %


Net income (Q1, 2017)

21.5 m

EBIT (Q1, 2017)

(6.4 m)

Market capitalization (21-Mar-2017)


Closing share price (21-Mar-2017)


Cash (31-Dec-2016)

1 m


(148.7 k)
Great Basin Scientific's current market capitalization is $457.2.
USDFY, 2013FY, 2014FY, 2015FY, 2016


760.6 k1.6 m2.1 m3 m

Revenue growth, %


Cost of goods sold

4 m4.8 m8.1 m

Gross profit

(2.4 m)(2.7 m)(5 m)
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017


525.5 k545.9 k731.4 k729 k735.8 k830.8 k

Cost of goods sold

1.3 m1.1 m1.9 m1.9 m2.2 m2 m

Gross profit

(774.4 k)(556.8 k)(1.1 m)(1.2 m)(1.4 m)(1.1 m)

Gross profit Margin, %

USDFY, 2014FY, 2015FY, 2016


2 m4.8 m1 m

Accounts Receivable

267.5 k411.4 k479.4 k


457.1 k1.1 m1.4 m

Current Assets

3.1 m20.7 m50.9 m
USDFY, 2014FY, 2015FY, 2016

Net Income

(21.7 m)(57.9 m)(89.1 m)

Depreciation and Amortization

1.2 m1.6 m2.6 m

Accounts Receivable

(395 k)(760 k)(80.7 k)

Accounts Payable

823.4 k602.1 k879.4 k
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

19.2 m13.1 m(33.7 m)(20.3 m)(29 m)21.5 m

Accounts Receivable

290.5 k344 k345.4 k348.5 k361 k399.1 k386.3 k


382 k504.7 k854.5 k1 m1.2 m1.1 m1.5 m1.1 m

Accounts Payable

1.7 m2.2 m2 m2.1 m2.5 m3.2 m3.8 m5 m
USDY, 2017


11.9 k
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Great Basin Scientific Operating Metrics

Great Basin Scientific's Customers was reported to be 265 in FY, 2016
FY, 2016



Patents (US)

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Great Basin Scientific Market Value History

Great Basin Scientific Revenue Breakdown

Great Basin Scientific's Web-traffic and Trends

Great Basin Scientific Company Life and Culture

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