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QTRX

Create the tools enabling discovery and better health O U R M I S S I O N 1 1. Preliminary unaudited full year results for 2023.​ 2. The Company is guiding full year 2023 GAAP gross margin percentage to be in the

Key Takeaway: Preliminary unaudited full year results for 2023. 2. The Company is guiding full year 2023 GAAP gross margin percentage to be in the high 50's, and non-GAAP gross margin percentage to be approximately 50%. GAAP gross margin does not include shipping and handling costs, which incl

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Preliminary unaudited full year results for 2023. 2. The Company is guiding full year 2023 GAAP gross margin percentage to be in the high 50's, and non-GAAP gross margin percentage to be approximately 50%. GAAP gross margin does not include shipping and handling costs, which include freight and other activities costs associated with product shipments.
Non-GAAP gross margin includes these shipping and handling costs. GAAP Gross Margin2 Biomarkers Publications Revenue1 Cash burn1 : QTRX Unmatched Technology >950 Instruments installed Early penetration in multi-billion diagnostics CLIA lab running validated neuro LDTs Non-GAAP Gross Margin2 Built to lead neuro decade 2 Strong Results Operational Leverage Clear Strategy Research Power the neuro decade with unique biomarkers Diagnostics Establish and grow the AD diagnostics business Lab Services capability >0.75M tests per year (improvement of 50%) Manufacturing capacity >4M tests per year (improvement of 300%) Innovation rate >20 assays per year (development times reduced from >18 months to <6 months) Double digit top-line growth1 Non-GAAP GM2 of appr. 50% Improvement of 1200 bps Strong Balance Sheet >$300M1 in net cash Annual cash burn1 down by >3x 1.
Non-GAAP gross margin includes these shipping and handling costs.
Last updated: Jan 11, 2024