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  "documentTitle": "Accelerate Diagnostics (AXDX)",
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      "text": "The last step in calculating monthly utilization (number of PhenoTests per month per system) is dividing estimated reagent revenue by functional system-month.",
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      "text": "The last step in calculating monthly utilization (number of PhenoTests per month per system) is dividing estimated reagent revenue by functional system-month. We assumed that AXDX charges $200 per test.",
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      "text": "Our calculation underestimates the number of functional systems early on (before Q3 2018), because AXDX reported shorter times then for the contracted system to become fully functional.",
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      "text": "Copyright 2019 White Diamond Research research@whitediamondresearch.com",
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      "text": "Q4 17, 26, 90; Q3 17, 16, 66; Q2 17, 20, 0; Q1 17, 8, 0; Q4 16, 22, 0",
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