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Pacific Biosciences of California PACB Goodwill And Intangible Asset Impairment
Goodwill And Intangible Asset Impairment at other companies
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Where this comes from
Reported directly by Pacific Biosciences of California in its filing.
Tagged under the XBRL concept us-gaap:GoodwillAndIntangibleAssetImpairment.
The source filing: Pacific Biosciences of California’s 10-Q, filed August 6, 2026.
- Filed
- Aug 6, 2026, 5:30 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001299130-26-000122
| (In thousands, except per share amounts) | Three Months Ended June 30, 2026 | Three Months Ended June 30, 2025 | Six Months Ended June 30, 2026 | Six Months Ended June 30, 2025 |
|---|---|---|---|---|
| Operating Expense: | ||||
| Research and development | 23,022 | 22,529 | 42,630 | 51,582 |
| Sales, general and administrative | 33,393 | 36,175 | 64,546 | 76,343 |
| Impairment charges | — | — | — | 15,000 |
| Settlement charges | — | — | 15,400 | — |
| Gain on disposal of assets | — | — | (45,796) | — |
| Amortization of acquired intangible assets | 833 | 833 | 1,666 | 362,875 |
| Change in fair value of contingent consideration | — | — | — | (18,700) |
Item 1. Financial Statements (unaudited):
FAQ
- What is Pacific Biosciences of California's goodwill and intangible asset impairment?
- Pacific Biosciences of California (PACB) reported goodwill and intangible asset impairment of $0 in Q2 2026.
- What does goodwill and intangible asset impairment mean?
- This represents a non-cash charge recognized when the carrying value of goodwill or intangible assets exceeds their fair value. It indicates that the expected future economic benefits from previous acquisitions have declined. Frequent or large impairment charges often signal overpayment for past acquisitions or a deterioration in the underlying business performance.
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