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.
Salt Lake City, US
Size (employees)
70 (est)
Great Basin Scientific was founded in 2005 and is headquartered in Salt Lake City, US

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

Great Basin Scientific Data and Metrics

Great Basin Scientific Financial Metrics

Great Basin Scientific's revenue was reported to be $3 m in FY, 2016 which is a 42% increase from the previous period.

Revenue (FY, 2016)

3 m

Revenue growth (FY, 2015 - FY, 2016), %


Gross profit (FY, 2016)

(5 m)

Gross profit margin (FY, 2016), %


Net income (FY, 2016)

(89.1 m)

EBIT (FY, 2016)

(34.1 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)

Gross profit Margin, %


R&D expense

4.6 m8.5 m13.4 m

General and administrative expense

2.9 m6.2 m8.8 m

Operating expense total

9.8 m19.7 m29.1 m


(12.2 m)(22.4 m)(34.1 m)

EBIT margin, %


Interest expense

284.3 k(1.1 m)(11.8 m)(167.5 m)

Interest income

3.2 k18.2 k7.4 k

Pre tax profit

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

Income tax expense

1.3 k(5.3 k)(1.3 k)(1.8 k)

Net Income

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


4.2 m7.7 m10.1 m

Total Assets

7.6 m28.6 m73.4 m

Accounts Payable

1.4 m2.4 m3.9 m

Total Debt

865 k

Current Liabilities

3.4 m7.2 m71.5 m

Total Liabilities

129.4 m

Common Stock

5.1 k

Additional Paid-in Capital

56 m98.7 m155.1 m

Retained Earnings

(64 m)(121.9 m)(211.1 m)

Total Equity

(8 m)(23.2 m)(56 m)

Debt to Equity Ratio

0 x

Debt to Assets Ratio

0 x

Financial Leverage

-0.9 x-1.2 x-1.3 x
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

Cash From Operating Activities

806.4 k2.8 m(31.7 m)

Purchases of PP&E

(248.1 k)(1.6 m)(1.2 m)

Cash From Investing Activities

(470.5 k)(4.8 m)(4.4 m)

Cash From Financing Activities

12.9 m28.2 m32.3 m

Interest Paid

1.1 m1.1 m1.8 m

Income Taxes Paid

6.4 k1.3 k1.8 k
Y, 2016

Financial Leverage

-1.3 x

Great Basin Scientific Operating Metrics

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



Patents (US)


Great Basin Scientific Market Value History

Great Basin Scientific Revenue Breakdown

Great Basin Scientific Company Life and Culture

You may also be interested in