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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Revenues $ 18,460,723 $ 19,407,523 $ 38,101,836 $ 35,240,702
Cost of revenues 13,517,717 12,911,800 27,812,353 23,763,418
Gross profit 4,943,006 6,495,723 10,289,483 11,477,284
Research and development 2,370,468 2,133,172 5,283,727 3,433,542
Selling, general, and administrative 12,590,999 7,865,477 23,015,993 14,154,965
Operating loss (10,018,461) (3,502,926) (18,010,237) (6,111,223)
Other income (expense):        
Other income (expense), net 600,315 149,571 337,592 (14,502)
Interest expense (1,009,686) (6,198) (1,862,298) (14,717)
Nonoperating Income (Expense), Total (409,371) 143,373 (1,524,706) (29,219)
Loss from operations before provision for income taxes and noncontrolling interests (10,427,833) (3,359,553) (19,534,942) (6,140,442)
Provision for income taxes 110,059 402,259 702,707 905,203
Net loss (10,537,892) (3,761,812) (20,237,649) (7,045,645)
Less - net income attributable to noncontrolling interests 67,875 1,611,501 541,108 2,940,154
Net loss attributable to NeoStem, Inc. (10,605,767) (5,373,313) (20,778,757) (9,985,799)
Preferred dividends 170,782 53,771 357,415 153,469
Net loss attributable to NeoStem, Inc. common shareholders $ (10,776,549) $ (5,427,084) $ (21,136,172) $ (10,139,268)
Basic and diluted loss per share $ (0.13) $ (0.11) $ (0.27) $ (0.23)
Weighted average common shares outstanding 80,567,011 48,771,930 77,117,905 44,419,456