Item 2.02 Results of Operations and Financial Condition.
As previously announced on January 5, 2021, our full year 2020 revenue is
expected to be approximately $8.5 million. The corporate presentation furnished
as Exhibit 99.1 to this Current Report contains a breakdown of this total
revenue amount by direct revenue and collaboration revenue, as described
therein. These results are preliminary and unaudited, are based on management's
initial review of our results for the year ended December 31, 2020 and are
subject to revision based upon our year-end closing procedures and the
completion and external audit of our year-end financial statements. Actual
results may differ from these preliminary unaudited results as a result of the
completion of year-end closing procedures, final adjustments and other
developments arising between now and the time that our financial results are
finalized, and such changes could be material. In addition, these
preliminary unaudited results are not a comprehensive statement of our financial
results for the year ended December 31, 2020, should not be viewed as a
substitute for full, audited financial statements prepared in accordance with
generally accepted accounting principles, and are not necessarily indicative of
our results for any future period.
Item 7.01 Regulation FD Disclosure.
Included as Exhibit 99.1 to this Current Report on Form 8-K is our corporate
presentation, dated January 2021, which is incorporated herein by reference. We
intend to utilize this presentation and its contents in various meetings with
securities analysts, investors and others in connection with the Annual J.P.
Morgan Healthcare Conference, commencing January 6, 2021.
The information in this Current Report on Form 8-K, including Exhibit 99.1,
shall not be deemed "filed" for purposes of Section 18 of the Securities
Exchange Act of 1934, as amended (the "Exchange Act") or otherwise subject to
the liabilities of that section, nor shall it be deemed incorporated by
reference in any filing under the Securities Act of 1933, as amended, or the
Exchange Act, except as expressly set forth by specific reference in such a
filing.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit
Number Description
99.1 Corporate Presentation
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