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Consolidated Statements of Operations - USD ($)
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Product revenue $ 2,366,201 $ 1,852,017
Cost of product sales 928,402 771,005
Gross profit 1,437,799 1,081,012
Operating expenses    
Research and development 286,751 504,239
Sales and marketing 511,944 733,913
General and administrative 1,103,143 1,335,292
Total operating expenses 1,901,838 2,573,444
Operating loss (464,039) (1,492,432)
Other income (expense), net    
Interest Income 48 1,919
Interest Expense, related party (83,333) 0
Amortization of debt discount (93,598) 0
Loss from equity-method investment in SAVSU (229,368) 0
Total other income (expenses), net (406,251) 1,919
Net loss (870,290) (1,490,513)
Net loss attributable to non-controlling interest 0 263,685
Net loss attributable to BioLife Solutions, Inc. $ (870,290) $ (1,226,828)
Basic and diluted net loss per common share attributable to BioLife Solutions, Inc. (in dollars per share) $ (0.07) $ (0.10)
Basic and diluted weighted average common shares used to calculate net loss per common share (in shares) 12,964,639 12,457,858