OverviewSuggest Edit

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.

TypePublic
Founded2005
HQSalt Lake City, US
Websitegbscience.com
Employee Ratings2.1
Overall CultureF

Latest Updates

Employees (est.) (Mar 2017)70
Revenue (FY, 2016)$3 M(+43%)
Share Price (May 2020)$0
Cybersecurity ratingAMore

Key People/Management at Great Basin Scientific

Ryan Ashton

Ryan Ashton

Co-Founder and CEO
Jeffrey Rona

Jeffrey Rona

CFO
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
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Great Basin Scientific Office Locations

Great Basin Scientific has an office in Salt Lake City
Salt Lake City, US (HQ)
2441 S 3850 W
Salt Lake City, US
420 E S Temple #520
Show all (2)

Great Basin Scientific Financials and Metrics

Great Basin Scientific Revenue

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)

830.8k

Gross profit (Q1, 2017)

(1.1m)

Gross profit margin (Q1, 2017), %

(138.3%)

Net income (Q1, 2017)

21.5m

EBIT (Q1, 2017)

(6.4m)

Market capitalization (18-May-2020)

42.3k

Closing stock price (18-May-2020)

0.0

Cash (31-Mar-2017)

25.6k

EV

514.0k
Great Basin Scientific's current market capitalization is $42.3 k.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

760.6k1.6m2.1m3.0m

Revenue growth, %

111%33%42%

Cost of goods sold

4.0m4.8m8.1m

Gross profit

(2.4m)(2.7m)(5.0m)
Quarterly
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

409.4k458.7k525.5k545.9k731.4k729.0k735.8k830.8k

Cost of goods sold

942.3k966.6k1.3m1.1m1.9m1.9m2.2m2.0m

Gross profit

(532.9k)(507.9k)(774.4k)(556.8k)(1.1m)(1.2m)(1.4m)(1.1m)

Gross profit Margin, %

(130%)(111%)(147%)(102%)(155%)(159%)(194%)(138%)
Annual
USDFY, 2014FY, 2015FY, 2016

Cash

2.0m4.8m1.0m

Accounts Receivable

267.5k411.4k479.4k

Inventories

457.1k1.1m1.4m

Current Assets

3.1m20.7m50.9m
Quarterly
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

676.5k20.6m15.3m7.3m2.3m1.2m809.8k25.6k

Accounts Receivable

233.4k290.5k344.0k345.4k348.5k361.0k399.1k386.3k

Prepaid Expenses

895.2k558.5k373.8k574.0k1.6m1.6m2.0m1.1m

Inventories

382.0k504.7k854.5k1.0m1.2m1.1m1.5m1.1m
Annual
USDFY, 2014FY, 2015FY, 2016

Net Income

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

Depreciation and Amortization

1.2m1.6m2.6m

Accounts Payable

823.4k602.1k879.4k

Cash From Operating Activities

806.4k2.8m(31.7m)
Quarterly
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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
Show all operating metrics

Great Basin Scientific Revenue Breakdown

Embed Graph

Great Basin Scientific revenue breakdown by business segment: 98.8% from Domestic sales and 1.2% from Other

Great Basin Scientific Cybersecurity Score

Cybersecurity ratingPremium dataset

A

95/100

SecurityScorecard logo

Great Basin Scientific Online and Social Media Presence

Embed Graph

Great Basin Scientific Company Culture

  • Overall Culture

    F

    42/100

  • CEO Rating

    F

    10/100

  • Compensation

    D

    55/100

Learn more on Comparably

Great Basin Scientific Blogs

Great Basin and Rice University Announce Collaboration to Optimize the Design of SARS-CoV-2 Molecular Assays

Salt Lake City, Utah, and Houston, Texas – August 25, 2020 (PRWeb) – Great Basin Scientific, a molecular diagnostics company, and Dr. Todd Treangen’s bioinformatics group in the Department of Computer Science at Rice University (www.treangenlab.com), today announced a co-development partnership that…

Vela Diagnostics Submitting Novel Coronavirus Diagnostic Test to FDA for Emergency Use Authorization

Singapore, February 11, 2020 – Vela Diagnostics has developed the ViroKeyTM SA201 2019-nCoV RT-PCR Test, a new diagnostic test for the detection of the 2019 Novel Coronavirus (2019-nCoV). Vela Diagnostics is currently in discussions with the U.S Food and Drug Administration (FDA) for clearance of th…

Vela Diagnostics Announces Development of New Test Kit for Detection of Wuhan Coronavirus

Singapore, January 30, 2020 – Vela Diagnostics has announced the development of the ViroKeyTM SA201 2019-nCoV RT-PCR Test, a new test kit for the detection of the 2019 Novel Coronavirus (2019-nCoV), otherwise known as the Wuhan Coronavirus. The Wuhan Coronavirus was first identified in mid-December …

Great Basin Scientific Frequently Asked Questions

  • When was Great Basin Scientific founded?

    Great Basin Scientific was founded in 2005.

  • Who are Great Basin Scientific key executives?

    Great Basin Scientific's key executives are Ryan Ashton, Jeffrey Rona and Robert Jenison.

  • How many employees does Great Basin Scientific have?

    Great Basin Scientific has 70 employees.

  • What is Great Basin Scientific revenue?

    Latest Great Basin Scientific annual revenue is $3 m.

  • What is Great Basin Scientific revenue per employee?

    Latest Great Basin Scientific revenue per employee is $43.5 k.

  • Who are Great Basin Scientific competitors?

    Competitors of Great Basin Scientific include Immunodiagnostic Systems, Ceribell and PTS Diagnostics.

  • Where is Great Basin Scientific headquarters?

    Great Basin Scientific headquarters is located at 2441 S 3850 W, Salt Lake City.

  • Where are Great Basin Scientific offices?

    Great Basin Scientific has an office in Salt Lake City.

  • How many offices does Great Basin Scientific have?

    Great Basin Scientific has 2 offices.