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Consolidated Statements of Operations - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Product sales $ 2,557,765 $ 1,989,988 $ 4,923,966 $ 3,842,005
Cost of product sales 956,839 872,835 1,885,241 1,643,840
Gross profit 1,600,926 1,117,153 3,038,725 2,198,165
Operating expenses        
Research and development 318,607 599,031 605,358 1,103,270
Sales and marketing 546,455 849,193 1,058,399 1,583,106
General and administrative 1,077,067 1,262,818 2,180,210 2,598,110
Total operating expenses 1,942,129 2,711,042 3,843,967 5,284,486
Operating loss (341,203) (1,593,889) (805,242) (3,086,321)
Other income (expenses), net        
Interest income 76 445 124 2,364
Interest expense, related party (104,582) (8,333) (187,915) (8,333)
Amortization of debt discount (62,398) (31,199) (155,996) (31,199)
Write-off of deferred financing costs 0 (86,736) 0 (86,736)
Loss from equity-method investment in SAVSU (260,105) 0 (489,473) 0
Total other income (expenses), net (427,009) (125,823) (833,260) (123,904)
Net loss (768,212) (1,719,712) (1,638,502) (3,210,225)
Net loss attributable to non-controlling interest 0 363,629 0 627,314
Net loss attributable to BioLife Solutions, Inc. $ (768,212) $ (1,356,083) $ (1,638,502) $ (2,582,911)
Basic and diluted net loss per common share attributable to BioLife Solutions, Inc. (in dollars per share) $ (0.06) $ (0.11) $ (0.13) $ (0.21)
Basic and diluted weighted average common shares used to calculate net loss per common share (in shares) 13,100,820 12,568,041 13,033,106 12,512,949