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Consolidated Statements of Operations - USD ($)
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Product revenue $ 1,852,017 $ 1,500,722
Cost of product sales 771,005 618,099
Gross profit 1,081,012 882,623
Operating expenses    
Research and development 504,239 322,165
Sales and marketing 733,913 500,255
General and administrative 1,335,292 1,220,705
Total operating expenses 2,573,444 2,043,125
Operating loss (1,492,432) (1,160,502)
Other income    
Interest income 1,919 8,237
Net Loss (1,490,513) (1,152,265)
Net loss attributable to non-controlling interest 263,685 120,783
Net Loss attributable to BioLife Solutions, Inc. $ (1,226,828) $ (1,031,482)
Basic and diluted net loss per common share attributable to BioLife Solutions, Inc. (in dollars per share) $ (0.10) $ (0.09)
Basic and diluted weighted average common shares used to calculate net loss per common share (in dollars per share) 12,457,858 12,100,588