Great Basin Scientific is a molecular diagnostic testing company focused on the development and commercialization of patented, molecular diagnostic platform designed to test for infectious disease, especially hospital-acquired infections. The diagnostic system empowers health providers with accurate and timely information to diagnose infectious disease, allowing them to appropriately treat patients to improve outcomes and support antimicrobial stewardship.

Type
Public
HQ
Salt Lake City, US
Founded
2005
Size (employees)
70 (est)
Great Basin Scientific was founded in 2005 and is headquartered in Salt Lake City, US
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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 Gonzalez

Carlos Gonzalez

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
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Great Basin Scientific Financials and Metrics

Great Basin Scientific Financials

Great Basin Scientific's revenue was reported to be $3.05 m in FY, 2016 which is a 42.3% increase from the previous period.
USD

Revenue (Q1, 2017)

830.8 k

Gross profit (Q1, 2017)

(1.1 m)

Gross profit margin (Q1, 2017), %

(138.3%)

Net income (Q1, 2017)

21.5 m

EBIT (Q1, 2017)

(6.4 m)

Market capitalization (21-Mar-2017)

457.2

Closing share price (21-Mar-2017)

0

Cash (31-Dec-2016)

1 m

EV

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

Revenue

760.6 k1.6 m2.1 m3 m

Revenue growth, %

111%33%42%

Cost of goods sold

4 m4.8 m8.1 m

Gross profit

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

Revenue

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, %

(147%)(102%)(155%)(159%)(194%)(138%)
USDFY, 2014FY, 2015FY, 2016

Cash

2 m4.8 m1 m

Accounts Receivable

267.5 k411.4 k479.4 k

Inventories

457.1 k1.1 m1.4 m

Current Assets

3.1 m20.7 m50.9 m
Annual
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 Payable

823.4 k602.1 k879.4 k

Cash From Operating Activities

806.4 k2.8 m(31.7 m)
Quarterly
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

Inventories

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

Revenue/Employee

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

Customers

265

Patents (US)

3
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