SomaLogic, Inc. (NASDAQ:SLGC) Q4 2022 Earnings Call Transcript

Kyle Mikson: Got you. If I could just ask one more, was curious about the commitment to notice that it’s in your long term kind of roadmap here, 2025 is when that chip-based prototype could be announced, but, Adam, you were with the company when it was — the deal was announced, but Troy, you came on after, I believe. How excited are you guys for that asset and are there other companies or technologies that they kind of have your eyes on, like for the feature that just given your balance sheet could be attractive kind of going forward?

Adam Taich: Sure, Kyle, and you’re right, I was on board when that deal was announced and closed. I’m extremely excited about the work that team in San Diego is doing. In addition to strong intellectual property and other maybe intangible assets, we got an incredibly smart group of scientists and professionals there. And so diversifying our base of operations just modestly, out of the Boulder area into that team there in San Diego, we’re already seeing some amazing synergy and really some amazing output from that team.

Operator: Thank you. That concludes today’s Q&A session. I’d would like to turn the call over to Adam Taich for closing remarks. Please go ahead.

Adam Taich: Great. Thank you so much, operator. And thank you everyone just for listening in. I want to give a special thanks to the investment community, our dedicated employees, and of course our customers. Thank you very much. Good bye.

Operator: This concludes today’s conference call. Thank you all for joining. You may disconnect now, and please enjoy the rest of your evening.