ALL ANSWERS MUST BE ORIGINAL AND DETAILED WITH APPROPRIATE REFERENCES

Please use the links below to address the questions.

https://investors.berkeleylights.com/financials/sec-filings/default.aspx

https://d18rn0p25nwr6d.cloudfront.net/CIK-0001689657/7200934c-6277-41b7-83f6-3e5918e0a106.pdf

1. Discuss briefly Berkeley Lights business model.
2. What can you infer about the operating performance of Berkeley Lights based on trends in operating profit (some firms may title this operating income or Earnings Before Interest and Tax) over the past two years?
3. What can you infer about Berkeley Lights net profit (some firms may title this net income) based on trends in operating profit over the past two years?
4. What can you infer about the short-term liquidity of Berkeley Lights based on information on the balance sheet over two years?