We add at-home COVID-19 test service to the platform in late June, and since then, we have seen very strong demand for this at-home test. Clients are choosing Fulgent COVID testing offerings for a variety of reasons, including our rapid turnaround time, supply chain availability, capacity, EUA approvals, our technology platforms, and user-friendly systems. If we look at our largest customers in Q3, more than half of those were new this year. We have seen increase of volume of our core genetic tests for a number of new customers. Fulgent Genetics’ proprietary technology platform has created a broad, flexible test menu and the ability to continually expand and improve its proprietary genetic reference library while maintaining accessible pricing, high accuracy and competitive turnaround times. Thanks. That's an excellent point. But that includes our core genetic tests on top of COVID. Company Quest Diagnostics jobs in Long Beach, CA. I'd like to spend a few minutes to discuss each of these in detail. A lot of our wins have been organic. This week, we had the pleasure of joining Osmosis on their #RaiseTheLine podcast to discuss the latest developments. I think the Fulgent Genetics when we get in [Audio gap] we are not highest, the provider. In the meantime, we continue to add contents and add additional tests for our core business to address the growing need for the genetic testing market. So number one, our total fixed assets, and the equipment purchases for the year is going to be between $10 million and $15 million. Since March 2020, the Company has commercially launched several tests for the detection of SARS-CoV-2, the virus that causes the novel coronavirus (“COVID-19”), including NGS and reverse transcription polymerase chain reaction (“RT-PCR”) - based tests. But with our technology, our capture set, our pipelines, we were able to develop that pretty quickly. So we continue to pump out new tests, looking at different disease, different phenotypes. So very exciting. Our record growth in the third quarter is a true testament to the scalability of our technology platform. Switching gears, I'd like to briefly touch on the opening of our Houston lab, which we announced in August. But definitely, that's the areas that we will be focused on. And Brandon can give you some of the details. I guess sort of tactically speaking, a couple of weeks ago, we did launch a pharmacogenomics test, which we're pretty excited about. COGS per test for the quarter was $25, an improvement of approximately 42% compared to the second quarter. Thanks, everyone, for joining our call today. This has allowed us to serve our existing business, win new accounts, and continue to build a robust pipeline of new opportunities. In addition, as the vaccine developments will come in, adding additional requirement for the test, faster and cheaper and quicker and more accurate test for the antibody test, neutralizes those antigen test. All of the above, Rachel. This translated to approximately $2.6 million charge below operating expenses. Thanks. We believe this combination of delivering the gold-standard RT-PCR test at scale, in timely fashion, combined with a management system that makes the process seamless for everyone, is key to a successful testing protocol,” Perthuis added. And then on the reimbursement front, obviously, we had favorable reimbursement for COVID testing and CMS has extended that through late January. That's it for me. [Operator instructions] And there are no further questions as of this time. One other point of differentiation on our COVID-19 test offering, which we announced in September, is that we will give our clients an option to add influenza A and B. Despite massive increase in volume that we experienced, we delivered results to our customers without any issues and with best-in-class turnaround time for RT-PCR results. And the reason why we've been able to get that kind of collection is because of the efficiency, as well as the enhanced capabilities that we have as a company in the area of reimbursement. And I'll turn it over to Ming, who can give commentaries on the vaccine. Regarding the on-site testing for New York City, we now have over 60 pairs of boots on the ground to help with school site operations. It is not just influenza in COVID-19 that can cause respiratory infections. Billable tests in the quarter totaled 1,040,000, growing almost 5,000% over Q3 of last year. We if look at the contracts, they range from month to month to 24 months. Fulgent Genetics is another positioned -- well positioned to meet the time challenges, but also, we'll be able to perform in this market at any price to compete in this market. Rachel Vatnsdal -- Piper Sandler -- Analyst. The Latest News and Updates in fulgent genetics brought to you by the team at KTLA: New at Fulgent Fulgent Supports At-Home COVID-19 Testing through Picture Genetics Picture Genetics, an at-home genetic testing service powered by Fulgent, will soon offer at-home COVID-19 tests with FDA Emergency Use Authorization. So some are exclusive, some are not. This program went live in October and we are now collecting thousands of samples per week throughout New York City. As Ming mentioned, COVID-19 has also served as a springboard for our consumer-initiated platform, Picture Genetics. Our original offering consists of three tests: carrier screening, newborn screening, and adult wellness. But that's not the way we do, OK? And as we think about continued menu expansion, you did call out some opportunities with regard to infectious disease side of the portfolio. Employer Identification No.) We are incredibly happy to partner with the county in their tremendous efforts to combat this virus,” commented Brandon Perthuis, Chief Commercial Officer of Fulgent Genetics. In fact, it's hardly a competitor. Results will be delivered to patients within 24 to 48 hours. For years, we described ourselves as a technology company providing clinical genetic testing, and we have continually emphasized the power of our technology platform. And I think the platforms we've built, the turnaround time, the systems, I think we're going to be a player for deep into 2021. We think it will. We're not only to use our test for the COVID-19, but we also put our other genetic tests. Erin, from a numbers perspective -- this is Paul. The Blueshirt Group We see the second half of 2020 as a continuation of our inflection point in our business, which began last quarter. Many of them are consultants in the operational lab area. Fulgent Genetics, Inc. is a technology company. This is a complete solution for managing drive-through testing sites, including the patient visiting the Fulgent-Miami-Dade website to choose a location, make an appointment, and complete a questionnaire. At this time, between our headquarters in Temple City, California, and our new lab in Houston, Texas, we have a maximum daily capacity of 60,000 tests per day. We provide the low-cost competitive bid in all our efforts. Turning over to operating expenses. The primary reasons for the decrease in COGS per test were continued automation efficiency and in general the utilization of our technology platform. Fulgent was founded in 2011. More so than ever, we are working closely with the payers and are making progress becoming an in-network provider. So that's an excellent question. Compared to Q2, our traditional genetic testing business grew by more than 57%. This is done on the same sample with no need for clients to make any collection protocol changes. Management's prepared remarks, including discussions of earnings and earnings per share, contain financial measures not prepared in accordance with accounting principles generally accepted in the United States or GAAP. More specifically, we anticipate Q4 revenues to be at least $110 million. Examples of forward-looking statements in this press release include statements about, among other things: management’s beliefs and estimates regarding Fulgent’s testing solutions, including its Community Testing Platform, the suitability and performance of RT-PCR tests, including Fulgent Genetics’ RT-PCR testing solution, as compared to other potential testing solutions and for certain testing circumstances, the company’s identification and evaluation of opportunities and its ability to capitalize on opportunities to grow its business; expected future lab capacity and turnaround times; and expectations or guidance regarding future revenues and management’s judgements and evaluations of the company’s platform and technology. FULGENT GENETICS, INC. (Exact name of registrant as specified in its charter) Delaware 81-2621304 (State or other jurisdiction of incorporation or organization) (I.R.S. This allows for many more appointments to be available with shorter wait times. 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