Spin-off - ILLUMINA, INC.
Form Type: 10-Q
Filing Date: 2025-05-09
Corporate Action: Spin-off
Type: Update
Accession Number: 000111080325000046
Filing Summary: Illumina, Inc. filed its quarterly report on Form 10-Q for the period ended March 30, 2025. The document presents condensed consolidated financial statements and discusses management’s overview and analysis of financial performance. Key highlights include a net income of $131 million for the quarter, reflecting an increase from a net loss of $126 million in the same quarter of the previous year. The total revenue for the quarter was reported at $1.041 billion, primarily driven by product revenue of $880 million. The company disclosed significant operating expenses related to research and development, totaling $252 million, and selling, general, and administrative expenses at $267 million. The document mentions the spin-off of GRAIL, Inc. as a noteworthy corporate action impacting stockholders' equity. Furthermore, the report discusses various risks, including regulatory challenges and market conditions affecting operations.
Additional details:
Common Stock Outstanding: 158.3
Net Income: 131
Total Revenue: 1041
Research And Development Expense: 252
Selling General And Administrative Expense: 267
Spin Off Of Grail: 1
Form Type: 8-K
Filing Date: 2024-11-04
Corporate Action: Spin-off
Type: Update
Accession Number: 000111080324000049
Filing Summary: This document is a Form 8-K reporting financial results and does not pertain to a spin-off.
Additional details:
Newco Cik: 1699031
Parent Cik: 1110803
File Number: 001-35406
Access 12: 000111080324
:
Effective Date: 2024-09-04
Spin Off Id: 1345
Deleted: 1
Form Type: 8-K
Filing Date: 2024-09-05
Corporate Action: Spin-off
Type: New
Accession Number: 000119312524214335
Filing Summary: The document discusses an underwritten public offering of $500,000,000 notes due 2026, the proceeds of which Illumina expects to use in connection with the spin-off of GRAIL, Inc. from Illumina.
Additional details:
Newco Cik: 1699031
Parent Cik: 1110803
File Number: 001-35406
:
Effective Date: 2024-09-04
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