0001437749-21-016562.txt : 20210707 0001437749-21-016562.hdr.sgml : 20210707 20210707160232 ACCESSION NUMBER: 0001437749-21-016562 CONFORMED SUBMISSION TYPE: 8-K/A PUBLIC DOCUMENT COUNT: 17 CONFORMED PERIOD OF REPORT: 20210503 ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20210707 DATE AS OF CHANGE: 20210707 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BIOLIFE SOLUTIONS INC CENTRAL INDEX KEY: 0000834365 STANDARD INDUSTRIAL CLASSIFICATION: ELECTROMEDICAL & ELECTROTHERAPEUTIC APPARATUS [3845] IRS NUMBER: 943076866 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K/A SEC ACT: 1934 Act SEC FILE NUMBER: 001-36362 FILM NUMBER: 211077453 BUSINESS ADDRESS: STREET 1: 3303 MONTE VILLA PARKWAY STREET 2: SUITE 310 CITY: BOTHELL STATE: WA ZIP: 98021 BUSINESS PHONE: 4254011400 MAIL ADDRESS: STREET 1: 3303 MONTE VILLA PARKWAY STREET 2: SUITE 310 CITY: BOTHELL STATE: WA ZIP: 98021 FORMER COMPANY: FORMER CONFORMED NAME: BIOLIFE SOLUTION INC DATE OF NAME CHANGE: 20030113 FORMER COMPANY: FORMER CONFORMED NAME: CRYOMEDICAL SCIENCES INC DATE OF NAME CHANGE: 19920703 8-K/A 1 bioli20210702_8ka.htm FORM 8-K/A bioli20210702_8ka.htm
Form 8-K/A date of report 05-03-21 true 0000834365 0000834365 2021-05-03 2021-05-03
 
UNITED STATES
 
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 8-K/A
 
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
 
Date of Report (Date of earliest event reported): July 7, 2021 (May 3, 2021)
 
BIOLIFE SOLUTIONS, INC.
(Exact name of registrant as specified in its charter)
 
Delaware
 
001-36362
 
94-3076866
(State or other jurisdiction of
incorporation)
 
(Commission File Number)
 
(IRS Employer Identification No.)
3303 Monte Villa Parkway,
Bothell, WA 98021
(Address of principal executive offices) (Zip Code)
 
Registrant’s telephone number, including area code: (425) 402-1400
 
N/A
 

(Former name or former address, if changed since last report)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
 
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
 
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
 
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
 
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
 
Emerging growth company 
 
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
 
Securities registered pursuant to Section 12(b) of the Act:
 
Title of each class
Trading symbol
Name of exchange on which registered
Common Stock, $0.001 par value
BLFS
The Nasdaq Capital Market LLC
 
 

 
 
EXPLANATORY NOTE 
 
This Form 8-K/A (this “Form 8-K/A”) to our Current Report on Form 8-K filed with the Securities and Exchange Commission on May 7, 2021 (the “Original Form 8-K”) is being filed to amend Item 9.01 to the Original Form 8-K to include certain financial statements related to the acquisition by BioLife Solutions, Inc. (the “Company”) of one hundred percent (100%) of the issued and outstanding capital shares and other equity interests of Global Cooling, Inc. (“Global Cooling”) as reported on the Original Form 8-K. Except as set forth herein, no modifications have been made to the information contained in the Original Form 8-K.
 
Item 9.01
Financial Statements and Exhibits.
 
(a)
Financial Statements of Businesses Acquired.
 
The audited financial statements of Global Cooling as of and for the fiscal years ended December 31, 2020 and 2019 is filed as Exhibit 99.1 and is incorporated by reference herein.
The unaudited financial statements of Global Cooling as of and for the three months ended March 31, 2021 and 2020 is filed as Exhibit 99.2 and is incorporated by reference herein.
 
(b)
Pro Forma Financial Information.
 
The unaudited pro forma combined statement of operations of the Company relating to the acquisition of one hundred percent (100%) of the issued and outstanding capital shares and other equity interests of Global Cooling for the fiscal year ended December 31, 2020 and the statement of operations and balance sheet as of and for the three months ended March 31, 2021, are filed as Exhibit 99.3 and incorporated by reference herein.
 
(d)
Exhibits.
 
Exhibit No.
Description
23.1
   
99.1
   
99.2
   
99.3
   
104
Cover Page Interactive Data File (formatted as Inline XBRL).
 
 

 
 
SIGNATURE
 
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
 
BioLife Solutions, Inc.
 
       
Date: July 7, 2021
By:
/s/ Roderick de Greef
 
   
Name: Roderick de Greef
Title: Chief Financial and Chief Operating Officer
 
 
 
EX-23.1 2 ex_261760.htm EXHIBIT 23.1 ex_261760.htm

 

Exhibit 23.1

 

 

Consent of Independent Auditor

 

BioLife Solutions, Inc.

Bothell, Washington

 

We hereby consent to the incorporation by reference in the Registration Statements on Form S-3 (Nos. 333-233912 and 333-222433) and on Form S-8 (Nos. 333-222437, 333-205101, and 333-189551) of BioLife Solutions, Inc. of our report dated April 13, 2021 relating to the consolidated financial statements of Global Cooling, Inc., which appear in this Current Report on Form 8-K/A of BioLife Solutions, Inc.

 

 

/s/ Clark, Schaefer, Hackett & Co.

 

Columbus, Ohio

 

July 7, 2021

 

 
EX-99.1 3 ex_261761.htm EXHIBIT 99.1 ex_261761.htm

Exhibit 99.1

 

 

 

 

 

 

 

 

 

 

 

Global Cooling, Inc. and Subsidiary

 

Consolidated Financial Statements

 

December 31, 2020 and 2019

 

with Independent Auditors’ Report

 

 

 

 

 

 

 

TABLE OF CONTENTS

 

Independent Auditors’ Report

1

   

Consolidated Financial Statements:

 
   

Consolidated Balance Sheets

3 - 4

   

Consolidated Statements of Operations

5

   

Consolidated Statements of Stockholders’ Equity 

6

   

Consolidated Statements of Cash Flows

7

   

Notes to the Consolidated Financial Statements

8 - 21

 

 

 

INDEPENDENT AUDITORS REPORT

 

 

To the Board of Directors and Stockholders

 

of Global Cooling, Inc. and Subsidiary

 

Athens, Ohio

 

 

We have audited the accompanying consolidated financial statements of Global Cooling, Inc. (a Delaware Corporation) and Subsidiary (the Company), which comprise the consolidated balance sheets as of December 31, 2020 and 2019, and the related consolidated statements of operations, stockholders’ equity, and cash flows for the years then ended, and the related notes to the consolidated financial statements.

 

 

Managements Responsibility for the Financial Statements

Management is responsible for the preparation and fair presentation of these consolidated financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of consolidated financial statements that are free from material misstatement, whether due to fraud or error.

 

 

Auditors Responsibility

Our responsibility is to express an opinion on these consolidated financial statements based on our audits. We conducted our audits in accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audits to obtain reasonable assurance about whether the consolidated financial statements are free from material misstatement.

 

 

An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the consolidated financial statements. The procedures selected depend on the auditors’ judgment, including the assessment of the risks of material misstatement of the consolidated financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity’s preparation and fair presentation of the consolidated financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity’s internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the consolidated financial statements.

 

 

We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.

 

 

 

Opinion

In our opinion, the consolidated financial statements referred to above present fairly, in all material respects, the financial position of Global Cooling, Inc. and Subsidiary as of December 31, 2020 and 2019, and the results of their operations and their cash flows for the years then ended in accordance with accounting principles generally accepted in the United States of America.

 

 

/s/ Clark, Schaefer, Hackett & Co.

 

Columbus, Ohio

 

April 13, 2021

 

 

 

Global Cooling, Inc. and Subsidiary

Consolidated Balance Sheets

December 31, 2020 and 2019

 

 

               
    

2020

   

2019

 
Assets                
                 

Current assets:

               

Cash and cash equivalents

  $ 237,705       3,197,164  

Accounts receivable, trade, net

    6,027,323       2,984,471  

Receivables, other

    65,424       -  

Inventory, net

    8,529,294       6,435,753  

Prepaid expenses

    212,667       198,329  
                  

Total current assets

    15,072,413       12,815,717  
                  

Property and equipment:

               

Machinery

    2,771,582       2,526,190  

Furniture and equipment

    555,276       631,360  

Computers and equipment

    683,591       776,164  

Leasehold improvements

    665,652       641,295  

Construction in progress

    394,290       149,389  
       5,070,391       4,724,398  

Less accumulated depreciation

    1,504,688       2,081,259  
                  

Total property and equipment

    3,565,703       2,643,139  
                  

Other assets:

               

Deposits

    3,700       3,700  

Other assets

    3,496       4,260  

Notes receivable - related party

    374,000       374,000  
                  

Total other assets

    381,196       381,960  
                  

Total assets

  $ 19,019,312       15,840,816  

 

 

See notes to the consolidated financial statements.

 

 

 

Global Cooling, Inc. and Subsidiary

Consolidated Balance Sheets (continued)

December 31, 2020 and 2019

 

Liabilities and Stockholders' Equity

               
   

2020

   

2019

 

Current liabilities:

               

Line of credit

  $ 757,562       1,198,700  

Accounts payable - trade

    7,393,945       5,831,777  

Customer advances

    2,479,658       222,530  

Accrued compensation

    924,104       523,685  

Other accrued expenses

    3,560,091       688,446  

Long-term debt, current portion

    758,750       -  

Deferred rent, current portion

    -       11,745  

Capital lease obligations, current portion

    28,826       23,460  
                 

Total current liabilities

    15,902,936       8,500,343  
                 

Long-term liabilities:

               

Deferred rent, less current portion

    116,415       93,964  

Capital lease obligations, less current portion

    95,467       77,470  

Convertible promissory notes payable

    1,500,000       -  

Long-term debt, less current portion

    3,545,236       4,410,145  
                 

Total long-term liabilities

    5,257,118       4,581,579  
                 

Stockholders' equity:

               

Preferred stock - Series A, 100,000 shares authorized and 83,030 and 82,406 outstanding, par value $40, with liquidation preferences of $4,947,008 and $4,689,564 at December 31, 2020 and 2019, respectively.

    3,321,200       3,296,240  

Preferred stock - Series B, 60,0000 shares authorized and 59,999 outstanding, par value $.01, with liquidation preferences of $8,345,693 and $512,455 at December 31, 2020 and 2019, respectively.

    600       600  

Common stock - 600,000 shares authorized and 296,719 and 295,969 outstanding at December 31, 2020 and 2019, respectively, par $.01

    2,967       2,960  

Additional paid-in-capital

    22,165,623       21,408,435  

Accumulated other comprehensive income, net of tax

    (114,441 )     (122,833 )

Retained deficits

    (27,789,316 )     (22,099,133 )
      (2,413,367 )     2,486,269  

Non-controlling interest

    272,625       272,625  
                 

Total stockholders' equity

    (2,140,742 )     2,758,894  
                 

Total liabilities and stockholders' equity

  $ 19,019,312       15,840,816  

 

 

See notes to the consolidated financial statements.

 

 

 

Global Cooling, Inc. and Subsidiary

Consolidated Statements of Operations

Years Ended December 31, 2020 and 2019

 

 

   

2020

   

2019

 
                 

Sales, net of discounts and allowances

  $ 39,282,868       35,209,161  
                 

Cost of sales

    27,050,393       26,617,522  
                 

Gross profit

    12,232,475       8,591,639  
                 

Litigation settlement

    4,000,000       -  

General and administrative expenses

    14,705,958       13,263,623  
                 
      18,705,958       13,263,623  
                 

Loss from operations

    (6,473,483 )     (4,671,984 )
                 

Other income (expense):

               

Debt forgiveness

    2,084,989       -  

Ohio Bureau of Workers Compensation Dividends

    40,360       -  

Other income

    15,120       -  

Other expense

    (13,976 )     -  

Interest income

    -       20,758  

Interest expense

    (598,254 )     (390,284 )
                 
      1,528,239       (369,526 )
                 

Loss before income taxes

    (4,945,244 )     (5,041,510 )
                 

Expense for income taxes

    -       (1,238,592 )
                 

Net loss

    (4,945,244 )     (6,280,102 )
                 

Other comprehensive loss -

               

Gain (loss) on foreign currency translation

    8,392       (4,648 )
                 

Total comprehensive loss

  $ (4,936,852 )     (6,284,750 )

 

 

See notes to the consolidated financial statements.

 

 

 

Global Cooling, Inc. and Subsidiary

Consolidated Statements of Stockholders’ Equity

Years Ended December 31, 2020 and 2019

 

                           

Accumulated

                         
                   

Additional

   

Other

           

Non-

         
   

Preferred

   

Common

   

Paid-In

   

Comprehensive

   

Retained

   

Controlling

         
   

Stock

   

Stock

   

Capital

   

Loss

   

Deficits

   

Interest

   

Total

 
                                                         

Balance as of January 1, 2019

  $ 3,234,207       2,781       17,997,465       (118,185 )     (15,074,803 )     265,504       6,306,969  
                                                         

Stock-based compensation on options

    -       -       88,175       -       -       -       88,175  
                                                         

Issuance of preferred stock

    153       -       1,867,545       -       -       -       1,867,698  
                                                         

Stock options and warrant exercises

    62,480       179       718,143       -       -       -       780,802  
                                                         

Accrued dividends on preferred stock

    -       -       737,107       -       (744,228 )     7,121       -  
                                                         

Loss on foreign currency translation

    -       -       -       (4,648 )     -       -       (4,648 )
                                                         

Net loss

    -       -       -       -       (6,280,102 )     -       (6,280,102 )
                                                         

Balance as of December 31, 2019

    3,296,840       2,960       21,408,435       (122,833 )     (22,099,133 )     272,625       2,758,894  
                                                         

Stock-based compensation on options

    -       -       (26,819 )     -       -       -       (26,819 )
                                                         

Stock options and warrant exercises

    24,960       7       39,068       -       -       -       64,035  
                                                         

Accrued dividends on preferred stock

    -       -       744,939       -       (744,939 )     -       -  
                                                         

Gain on foreign currency translation

    -       -       -       8,392       -       -       8,392  
                                                         

Net loss

    -       -       -       -       (4,945,244 )     -       (4,945,244 )
                                                         

Balance as of December 31, 2020

  $ 3,321,800       2,967       22,165,623       (114,441 )     (27,789,316 )     272,625       (2,140,742 )

 

 

See notes to the consolidated financial statements.

 

 

 

Global Cooling, Inc. and Subsidiary

Consolidated Statements of Cash Flows

Years Ended December 31, 2020 and 2019

 

   

2020

   

2019

 

Cash flows from operating activities:

               

Net loss

  $ (4,945,244 )     (6,280,102 )

Adjustments to reconcile net loss to net cash from operating activities:

               

Depreciation

    492,543       490,340  

Debt forgiveness

    (2,084,989 )        

Change in deferred tax assets

    -       1,238,592  

Bad debt expense

    10,639       7,862  

Provision for obsolete inventory

    -       22,639  

Deferred rent

    10,706       5,905  

Stock-based compensation on options

    (26,819 )     88,175  

Amortization of debt cost

    24,151       17,022  

Effects of changes in operating assets and liabilities:

               

Accounts receivable

    (3,053,491 )     1,745,499  

Other receivable

    (65,424 )     -  

Inventory, net

    (2,093,541 )     (2,576,418 )

Prepaid expenses

    (14,338 )     (707 )

Accounts payable - trade

    1,562,168       1,683,731  

Other assets

    764       (4,260 )

Customer advances

    2,257,128       6,309  

Other accrued expenses

    2,871,645       (318,846 )

Accrued compensation

    400,419       (114,905 )
                 

Net cash flows from operating activities

    (4,653,683 )     (3,989,164 )
                 

Net cash flows from investing activities:

               

Purchase of property and equipment

    (1,368,103 )     (1,211,462 )
                 

Cash flows from financing activities:

               

Payments on capital lease obligations

    (23,641 )     (14,587 )

Borrowings (payments) on line of credit

    (571,448 )     (251,300 )

Proceeds from notes payable

    -       1,750,000  
Proceeds from payroll protection program loan and JobsOhio Loan     2,084,989       -  

Proceeds from convertible notes payable

    1,500,000       -  

Payments of debt issuance cost

    -       (32,794 )

Issuance of preferred stock

    -       1,867,698  

Stock options and warrant exercises

    64,035       780,802  
                 

Net cash flows from financing activities

    3,053,935       4,099,819  
                 

Foreign currency translation adjustment

    8,392       (4,648 )
                 

Decrease in cash

    (2,959,459 )     (1,105,455 )
                 

Cash and cash equivalents, beginning of year

    3,197,164       4,302,619  
                 

Cash and cash equivalents, end of year

  $ 237,705       3,197,164  

 

 

See notes to the consolidated financial statements.

 

 

 

1.    SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES:

 

 

The following accounting principles and practices of Global Cooling, Inc. and Subsidiary (collectively, the Company) are set forth to facilitate the understanding of data presented in the consolidated financial statements.

 

 

Nature of operations

 

Global Cooling, Inc. is engaged primarily in the manufacturing and retail sales of environmentally friendly, ultra-low temperature freezers, which are currently used worldwide by life science, pharmaceutical, biomedical/clinical, and biotechnology customers. The Company also provides parts, maintenance, and repair services for the products they sell.

 

Global Cooling B.V. (GCBV), a Dutch Company, is a licensing company. GCBV licenses various intellectual properties to manufacturers worldwide. In 2008, Global Cooling, Inc. became a majority owner in GCBV.

 

 

Principles of consolidation

 

The consolidated financial statements include the accounts of Global Cooling, Inc. and GCBV. All inter-company balances and transactions have been eliminated in consolidation.

 

 

Basis of accounting

 

The financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States of America (U.S. GAAP).

 

 

Revenue recognition

 

The Company derives its revenues primarily from the sale of manufactured freezers. Revenues are recognized when control of these products are transferred to its customers, in an amount that reflects the consideration the Company expects to be entitled to in exchange for those products and services. Sales and other taxes the Company collects concurrent with revenue-producing activities are excluded from revenue. Shipping and freight cost charged to customers are reported within revenue. Incidental items that are immaterial in the context of the contract are recognized as expense. The Company does not have any significant financing components as payment is received at or shortly after the point of sale. Costs incurred to obtain a contract will be expensed as incurred when the amortization period is less than a year.

 

Revenue from performance obligations satisfied at a point in time consists of the sale of manufactured freezers. For performance obligations related to the sale of manufactured freezers, control transfers to the customer at a point in time. The Company’s principal terms of sale are FOB Shipping Point and FOB Destination and the Company transfers control and records revenue for product sales either upon shipment or delivery to the customer, respectively.

 

The nature of the Company’s business gives rise to variable consideration, including allowances and returns that generally decrease the transaction price which reduces revenue. These variable amounts are generally credited to the customer, based on product returns or price concessions, and based upon the most likely amount that is expected to be earned. Estimated amounts are included in the transaction price to the extent it is probable that a significant reversal of cumulative revenue recognized will not occur when the uncertainty associated with the variable consideration is resolved. Estimates of variable consideration are made based upon historical experience and known trends.

 

 

 

Use of estimates

 

The preparation of the consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that effect certain reported amounts and disclosures. Accordingly, actual results could differ from those estimates.

 

 

Shipping and freight cost

 

Shipping and freight costs incurred by the Company are included in cost of goods sold.

 

 

Cash and cash equivalents

 

The Company considers all highly liquid investments purchased with maturities of three months or less to be cash equivalents.

 

 

Accounts receivable

 

The Company records accounts receivable when the control of the product is transferred to the customer and amounts are stated at the amount billed to the customer net of any allowance for doubtful accounts, as needed. Management provides for probable uncollectible amounts through a charge to bad debt expense in the consolidated statements of operations and a credit to a valuation allowance based on its assessment of the current status of individual accounts. Balances that remain outstanding after management has used reasonable collection efforts are written off through a charge to the valuation allowance and a credit to receivables. Management has recorded an allowance for doubtful accounts of $853 and $12,345 as of December 31, 2020 and 2019, respectively.

 

 

Inventory

 

Inventory is valued at the lower of cost or net realizable value using the standard cost method, which approximates the first-in, first-out (“FIFO”) method. Appropriate consideration is given to obsolescence, excessive levels, deterioration, and other factors in determining net realizable value and a reserve for obsolescence is recognized if necessary. Cost includes material, labor and applicable manufacturing overhead.

 

 

 

Property and equipment

 

Property and equipment are stated at cost. Depreciation is computed using the straight-line method over the estimated remaining useful lives of the corresponding assets, which ranges from three to thirty-nine years. Expenditures for repairs or renewal and betterments that extend the useful lives of property and equipment are capitalized. When assets are retired or otherwise disposed of, their costs and related accumulated depreciation are removed from the accounts and resulting gains or losses are included in income. Long-lived assets held and used by the Company are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable.

 

 

Warranty reserve

 

The Company accrued an estimate of its exposure to warranty claims based on current and historical product sales data and warranty cost incurred, which in management’s judgment, is adequate to absorb potential claims. Because of the inherent uncertainties in estimating warranty costs, it is at least reasonably possible that the estimate used will change within the near-term.

 

Advertising costs

 

The Company expenses advertising costs as incurred. Advertising expenses of $680,556 and $392,886 were recognized for the years ended December 31, 2020 and 2019, respectively.

 

 

Translation of foreign currencies

 

The current assets and liabilities of GCBV are translated at year end exchange rates, capital transactions are translated based on the historical exchange rate, and revenues and expenses are translated at average rates. Translation adjustments are reported as a separate component of stockholders’ equity.

 

 

Other comprehensive income

 

Comprehensive income is the total of net income plus gains and losses on foreign currency translation adjustments. Accumulated other comprehensive income consisting of accumulated foreign currency gains and losses, is reported in stockholder equity, net of tax.

 

 

Income taxes

 

Deferred taxes are provided on a liability method whereby deferred tax assets are recognized for deductible temporary differences and operating loss carry forwards, and deferred tax liabilities are recognized for taxable temporary differences. Temporary differences are the differences between the reported amounts of assets and liabilities and their tax basis. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all the deferred tax assets will not be realized. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment.

 

 

 

Reclassifications

 

Certain amounts in the 2019 financial statements have been reclassified to conform to the 2020 presentation.

 

 

2.

INVENTORY:

 

 

Inventory consists of the following at December 31:

 

   

2020

   

2019

 
                 

Raw material

  $ 6,318,162       3,899,417  

Work in process

    1,475,730       1,371,539  

Finished goods

    735,402       1,164,797  
                 
    $ 8,529,294       6,435,753  

 

 

 

 

 

 

3.

INCOME TAXES

 

 

The income tax provision consisted of the following at December 31, 2020 and 2019:

 

   

2020

   

2019

 

Deferred federal tax expense

  $ 1,051,666       1,003,368  

Change in valuation allowance

    (1,051,666 )     (2,241,960 )
                 

Total income tax expense

  $ -       (1,238,592 )

 

 

The components of the deferred tax assets at December 31, 2020 and 2019, are as follows:

 

   

2020

   

2019

 

Deferred tax assets:

               

Deferred tax assets

  $ 5,176,521       4,124,855  

Deferred tax liabilities

    (3,464 )     (3,464 )

Valuation allowance

    (5,173,057 )     (4,121,391 )
                 

Net deferred tax assets

  $ -       -  

 

 

 

Deferred tax assets are attributable to changes in certain valuation allowances, accrued expenses, and net operating loss carryforward. Deferred tax liabilities result from excess accumulated tax depreciation over book depreciation and differences in losses on assets disposed. Permanent differences result from deductions for life insurance, options compensation, and 50% of meals. The deferred tax assets include a federal net operating loss carryforward of $22,831,954 as of December 31, 2020. If not utilized, federal net operating loss carryforwards of $10,700,638 will expire between 2030 and 2037. Net operating loss carryforwards of $12,131,316 are available indefinitely. Certain changes in the Company’s ownership may occur in the future, which may result in limitations on the amount of loss carry forwards that can be utilized to offset taxable income in the future.

 

 

4.

LINE OF CREDIT:

 

 

Effective December 16, 2020, the Company obtained a line of credit with a bank which expires in June 2023. The outstanding balance bears interest at a floating rate equal the 3 month LIBOR rate plus 5.50%. The maximum allowed on the line of credit is $5,000,000. The line is secured by all the assets of the Company. The Company’s credit agreement with the bank contains certain restrictions and covenants. The Company must maintain a minimum level of availability on the line of credit. The covenants have been met by the Company as of December 31, 2020.

 

The Company maintained a line of credit with another bank through December 16, 2020. The outstanding balance bore interest at a floating rate equal the PRIME rate plus 1%. The maximum allowed on the line of credit was $2,000,000. The line was collateralized by 80% of accounts receivable and 40% of eligible inventory. The Company’s credit agreement with the bank contained certain restrictions and covenants. Under those restrictions, the Company had to obtain the consent of the bank to pay dividends or borrow from others. In addition, the Company had to maintain certain levels of excess availability on the line of credit. As of December 31, 2020, the covenants have been met.

 

 

5.

PAYROLL PROTECTION PROGRAM LOAN:

 

 

The Company received a Paycheck Protection Program (PPP) loan as part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act of $1,484,989 in April 2020. Under the terms of the loan, all or a portion of the loan may be forgiven in accordance with the program requirements. Repayments of unforgiven principal and interest at 1% were to begin in the tenth month following the end of the covered period, as defined, in equal installments over seventeen months. The Company received approval for the forgiveness of the entire amount of the PPP loan from the Small Business Administration in November 2020.

 

 

 

6.

WORKFORCE RETENTION LOAN PROGRAM:

 

 

In 2020, the Company received a Workforce Retention Loan of $600,000 through the JobsOhio program. Under the terms of the loan, all or a portion of the loan may be forgiven in accordance with the program requirements. The note is non-interest bearing. Repayments of unforgiven principal are to begin in the thirteenth month from disbursement of the loan, in equal installments over eighty-three months. The Company received approval of the forgiveness in the entire amount of the loan in December 2020.

 

 

7.

CONVERTIBLE PROMISSORY NOTES:

 

 

During 2020, the Company issued $1,500,000 of convertible promissory notes. The notes are subordinated to all other debts. The promissory notes and accrued interest automatically convert to shares in connection with the qualified financing or non-qualified financing event as defined in the debt agreements. The principal balance and accrued interest will convert at a discounted stock price. However, the discount was contingent upon an event that was not reasonably predictable at the time of debt issuance so no beneficial interest related to the discount conversion price was recorded. The notes accrue interest at a rate of 8% per year. If qualified financing or non-qualified financing is not completed by the end of the term of the notes, the Company will repay the investor’s total debt outstanding and accrued interest. As of December 31, 2020 the outstanding principal totaled $1,500,000 and accrued interest totaled $55,000.

 

 

8.

LONG-TERM DEBT:

 

 

Long-term debt consists of the following at December 31:

 

   

2020

   

2019

 

Note payable to Enhanced Capital Ohio Rural Fund, LLC, interest only payable monthly, beginning November 2019 through February 2021, at an interest rate of 11.5%. Beginning March 1, 2021 payable in quarterly principal payments of $43,750 plus accrued interest through November 2021. Beginning December 1, 2021 payable in quarterly payments of $87,500 plus accrued interest, with a final balloon payment due September 7, 2023. The note was secured by substantially all assets of the Company.

  $ 1,750,000       1,750,000  
                 

Note payable to Advantage, interest only payable monthly, beginning December 2018 through December 30, 2020, at an interest rate of LIBOR (1.76% as of December 31, 2019) + 6.50%. Beginning March 1, 2021 payable in quarterly principal payments of $135,000 plus accrued interest, with a final balloon payment due September 7, 2023. The note was secured by substantially all assets of the Company.*

    2,750,000       2,750,000  
                 
      4,500,000       4,500,000  
                 

Unamortized debt discount and debt issuance costs

    (196,014 )     (89,855 )
                 
      4,303,986       4,410,145  
                 

Less current portion

    758,750       -  
                 
    $ 3,545,236       4,410,145  

 

 

*Subsequent to year-end, the terms of this note were renegotiated resulting in the delay of principal payments until 2023. Since the terms of the notes were changed prior to issuance of the financial statements, the estimated future maturities of long-term debt has been updated to reflect the revised terms.

 

 

 

Aggregate maturities of long-term debt for the next five years and thereafter are as follows:

 

Year Ending December 31:

       

2021

  $ 218,750  

2022

    350,000  

2023

    1,481,250  

2024

    1,400,000  

2025

    -  

Thereafter

    1,112,697  
         
    $ 4,562,697  

 

The Company must maintain a certain fixed coverage ratio and certain levels of EBITDA. These requirements were not met and they had been waived by the Banks.

 

 

9.

WARRANTY RESERVE:

 

 

The warranty liability is included in other accrued expenses in the accompanying consolidated balance sheets. Changes in the Company’s warranty liability were as follows:

 

   

2020

   

2019

 
                 

Warranty accrual, beginning of year

  $ 437,410       484,805  

Additions to warranty accrual

    2,465,334       1,219,422  

Actual warranty expenditures

    (2,327,265 )     (1,266,817 )
                 

Warranty accrual, end of year

  $ 575,479       437,410  

 

 

10.

STOCK OPTION PLAN:

 

 

The Company maintains the Global Cooling, Inc. Stock Option Plan (the Plan) to further the long-term growth of the Company by offering competitive incentive compensation to key employees, non-employee directors and consultants of the Company. Options are granted at an exercise price that is at least equal to the fair value of the shares at the date of the grant. Under the terms of the Plan, the Company is authorized to grant incentive and nonqualified stock options as defined under the Internal Revenue Code. The Plan is administered by the Board of Directors (the Board). The Board selects the individuals to whom options will be granted and determines the option exercise price and other terms of each award, subject to the provisions of the Plan. Options vest ratably over the required service period. Options granted under the Plan will expire no later than the tenth anniversary of the grant date.

 

The total number of awards available for grant under the Plan represents 140,000 and 100,000 shares of the Company’s common stock as of December 31, 2020 and 2019, respectively. At December 31, 2020, there were 79,450 options outstanding for this Plan, 35,074 options that have been exercised and 25,476 remaining shares available for grant under the Plan. At December 31, 2019, there were 57,521 options outstanding for this Plan, 34,324 options that have been exercised and 8,155 remaining shares available for grant under the Plan.

 

The fair values of the options granted to each employee were estimated on the date of the grant using the Black-Scholes-Merton option pricing model that uses the assumptions concerning expected volatility, expected term, and the expected risk-free rate of return. Expected volatility was estimated by management using similar public company data. The expected term of options granted is stated in the contract. Risk-free rates of return are yields for constant maturity U.S. Treasury Notes maturing approximately at the end of the option life.

 

The weighted-average grant date fair value of the options granted during 2020 and 2019 was $38.65 and $89.76. The weighted average remaining contractual life of options outstanding at December 31, 2020 and 2019 was approximately two and three years, respectively.

 

 

 

A summary of the status of the Plan as of December 31, 2020 and 2019 and changes during the years then ended were as follows:

 

           

Weighted

 
           

Average

 
   

Options

   

Exercise Price

 

Outstanding at January 1, 2019

    51,940     $ 89.76  

Granted

    20,500     $ 40.00  

Exercised

    (1,750 )   $ 57.00  

Forfeited

    (13,169 )   $ 79.36  

Outstanding at December 31, 2019

    57,521          
                 

Granted

    37,100     $ 38.65  

Exercised

    (750 )   $ 52.10  

Forfeited

    (14,421 )   $ 71.27  

Outstanding at December 31, 2020

    79,450     $ 62.08  
                 

Options exercisable at December 31, 2020

    31,780     $ 74.69  

 

 

As of December 31, 2020 and 2019, there were total unrecognized compensation costs related to non-vested options granted under this plan of approximately $355,117 and $241,564. The costs are expected to be recognized as the options vest. The stock-based compensation on options that has been recognized for this plan was $(26,819) and $88,175 for the years ended December 31, 2020 and 2019, respectively.

 

 

11.

PREFERRED STOCK

 

 

At December 31, 2020 and 2019, the Company was authorized to issue up to 100,000 shares of Series A convertible preferred stock (Series A) with a par value of $40. During 2020 and 2019, the Company was authorized to issue up to 60,000 shares of Series B convertible preferred stock (Series B) with a par value of $.01.

 

The holders of Series A and Series B have various rights and preferences as follows:         

 

 

Relative ranking

 

Series B shall rank senior to the Series A and the common stock with respect to the payment of dividends, if any, and redemption and upon liquidation, dissolution or winding up the Corporation. Series A shall rank senior to the Common Stock with respect to the payment of dividends, if any, and redemption and upon liquidation, dissolution or winding up the Corporation.

 

 

Voting

 

Each share of Series A and B has voting rights equal to an equivalent number of shares of common stock into which it is convertible and votes together as one class with the common stock.

 

 

 

Dividends

 

Dividends accrue at the per annum rate of 7% of the original issue price compounded annually for both Series A and Series B. Dividends shall accrue from day to day, whether or not earned or declared, and shall be cumulative. All accrued and unpaid cumulative dividends shall be paid before any dividends or other distribution is made to common stockholders. In addition, Series A and Series B are entitled to receive dividends in an amount equal to any cash dividend or distribution paid to common stockholders, when and if declared by the board of directors, based on the number of shares of common stock held on an as-if converted basis, or at a stated rate per share for dividends paid on any class or Series that is not convertible to common stock.

 

At December 31, 2020 and 2019, the cumulative and unpaid dividends related to the Series A were $1,625,808 or $19.58 per share and $1,393,324 or $16.91 per share, respectively. At December 31, 2020 and 2019, the cumulative and unpaid dividends related to the Series B were $1,024,910 or $17.08 per share and $512,455 or $8.54 per share, respectively. There is a class of preferred shares issued by the consolidated foreign subsidiary that are owned by non-controlling investors. Upon liquidation those investors would be entitled to their original investment and accumulated and unpaid dividends. At December 31, 2020 and 2019, the original investments and accumulated and unpaid dividends related to the preferred shares issued to the non-controlling investors were $272,625.

 

The cumulative and unpaid dividends are included in additional paid-in capital on the consolidated balance sheets until the dividends are declared for payment.

 

 

Conversion

 

Each share of preferred stock Series A and Series B is convertible, at the option of the holder, at any time, into shares of common stock based on the then effective conversion rate. The effective conversion rate is determined by dividing the original issue price by the conversion price. The conversion price is adjustable for certain diluting issuances or equity instruments. Applying the effective conversion rate at December 31, 2020, preferred stock is convertible into common shares on a share-for-share basis.

 

All outstanding shares of preferred stock shall automatically be converted into shares of common stock using the effective conversion rate upon the earlier of the closing of an initial public offering of the Company’s common stock in which the per share price is $200 (subject to appropriate adjustment in the event of a stock dividend, stock split, combination or other similar recapitalization with respect to common stock) and the gross proceeds to the Company are at least $25,000,000 or the vote or written consent of the holders of the outstanding Series A and Series B.

 

 

Liquidation

 

In the event of any dissolution, deemed liquidation or winding up of the Company, the Series A and Series B shall be entitled to receive liquidating distributions, before any distribution is made to common stockholders. The holders of shares of Series A and Series B then outstanding shall be entitled to receive an amount per share equal to the original issue price, plus any accrued but unpaid Series A and Series B dividends. If the distributable assets are insufficient to pay the holders of Series A and Series B in full, a pro rata distribution of the assets shall be made to the Series A, only after Series B has been paid in full.

 

 

 

After payment of the full Series A and Series B liquidation preference the preferred stockholders shall be entitled to participate on an as-if converted basis with the holders of the common shares as a single class in the distribution of the remaining assets of the Company.

 

 

Put Right

 

At any time following the five year anniversary of the first sale of Series B, a majority of the holders of preferred stock may elect to have some or all of their outstanding preferred shares redeemed by the Company at the greater of the Series A original issue price per share plus all declared but unpaid dividends or the fair market value of the shares. Management has determined the put right is not a mandatory redemption, and therefore, the preferred shares are classified as equity.

 

At December 31, 2020 and 2019, the following shares of Series A are reserved for issuance:

 

   

2020

   

2019

 
                 

Exercise of warrants issued

    -       16,950  
                 

Total shares reserved and authorized, but not issued

    -       16,950  
                 

Total shares issued

    83,030       82,406  
                 

Total shares committed

    83,030       99,356  

 

 

12.

STOCK WARRANTS

 

 

Common Stock

 

Detachable common stock warrants were issued in conjunction with a note payable issued in 2018. The warrants are fully vested and have a term of ten years. Each common stock warrant can be redeemed for one share of common stock at an exercise price of $76.30 per share. The fair value of the warrants was insignificant, so no additional paid in capital and debt discount were recorded. The total warrants of 459 were exercisable during the year ended December 31, 2018.

 

 

Preferred Stock

 

A total of 18,512 detachable stock warrants were issued in accordance with the Series A Preferred Stock purchase agreement dated October 21, 2013 and the 2011 private placement memorandum and were fully vested. Each preferred stock warrant can be redeemed for one share of preferred stock at an exercise price of $40 per share.

 

In 2019, there were 1,562 warrants exercised at a price of $40 per share. The total warrants exercisable at December 31, 2019 were 16,590. The weighted average remaining contractual lives of warrants outstanding at December 31, 2019 was one year. In 2020, there were 624 warrants exercised at a price of $40 per share. The remaining warrants expired in March 2020.

 

 

 

13.

COMMON STOCK:

 

 

At December 31, 2020 and 2019, the Company was authorized to issue up to 600,000 shares of common stock, with a par value of $0.01, and the following shares of common stock are reserved for issuance:

 

   

2020

   

2019

 
                 

Exercise of stock options and other awards under equity plan

    79,450       57,521  

Exercise of warrants issued

    459       459  
                 

Total shares reserved and authorized, but not issued

    79,909       57,980  
                 

Total shares issued

    296,719       295,969  
                 

Total shares committed

    376,628       353,949  

 

 

14.

RETIREMENT PLAN:

 

 

The Company elected a Safe Harbor Profit Sharing Plan available to eligible employees, as defined by the plan document. Participating employees may elect to contribute a portion of their compensation, up to the maximum amount allowed by the Internal Revenue Service. Through April 2020, the Company made safe harbor contributions of 100% of the first 3% and 50% of the next 2% of participating employees’ eligible deferrals. The Company may make additional discretionary contributions to the Plan on behalf of the eligible employees. Employer safe harbor contributions of $80,525 and $206,960 were made for the years ended December 31, 2020 and 2019, respectively. No discretionary contributions were made by the Company for the years ended December 31, 2020 and 2019, respectively.

 

 

 

15.

OPERATING LEASES:

 

 

The Company leases equipment and various warehouse, office, and operating facility space under operating leases with terms expiring in various years through March 2028. The following is a schedule by years of future minimum rentals under the leases at December 31, 2020:

 

Year Ending December 31:

       
         

2022

  $ 318,174  

2023

    311,859  

2024

    323,859  

2025

    326,633  

Thereafter

    1,092,303  
         
    $ 2,372,828  

 

 

The operating facility lease provides for escalating lease payments. The Company accrued the rent associated with this escalating payments and is amortizing the accrual ratably over the remainder of the lease. Rental expense for the years ended December 31, 2020 and 2019 approximated $455,000 and $400,000, respectively.

 

 

16.

CAPITAL LEASES:

 

 

The Company has acquired certain office equipment and equipment under capital leases. The leases expire at various dates through November 2025. As of December 31, 2020 and 2019, the equipment and related accumulated amortization recorded under the capital lease that was included in the accompanying balance sheet is as follows:

 

   

2020

   

2019

 
                 

Machinery and equipment

  $ 150,458       118,045  

Less accumulated depreciation

    (39,846 )     (20,730 )
                 
    $ 110,612       97,315  

 

 

 

Minimum future lease payments under the capital leases remaining at December 31, 2020 are as follows:

 

Year Ending December 31:

       

2021

  $ 36,122  

2022

    36,122  

2023

    36,122  

2024

    22,995  

2025

    10,087  
         

Total minimum payments

  $ 141,448  

Less amounts representing imputed interest (5.25% - 6.7%)

    17,155  
         

Present value of minimum lease payments

    124,293  
         

Less current portion

    28,826  
         
    $ 95,467  

 

 

Amortization of assets held under the capital lease is included in depreciation expense.

 

 

17.

CONCENTRATIONS:

 

Global Cooling, Inc. maintains its cash balances in two financial institutions. Deposits in interest-bearing and non-interest-bearing accounts are insured by the Federal Deposit Insurance Corporation (FDIC) up to $250,000 per institution. From time to time, the Company may have balances that exceed the insured limit but has not experienced any losses. Global Cooling B.V. maintains its cash balances at an international financial institution. Cash balances are insured by the Deposit Guarantee and Investor Compensation Act up to $100,000 per institution. The Company has not experienced any such losses and believes it is not exposed to any significant credit risk.

 

 

For the years ended December 31, 2020 and 2019, the Company had sales to one customer that made up 59% and 61% of the total sales, respectively and 34% and 46% of total receivables, respectively. Customer balances are continually monitored to minimize the risk of loss.

 

 

18.

SUPPLEMENTAL CASH FLOW INFORMATION:

 

 

Cash paid during the years ended December 31, 2020 and 2019 for interest amounted to $521,743 and $361,610, respectively.

 

The Company assumed debt on the line of credit to pay for $130,310 in closing cost related to the line of credit assumed in December 2020.

 

 

 

During 2020 and 2019, the company purchased property and equipment through capital leases in the amount of $47,004 and $103,454, respectively.

 

 

19.

RISK AND UNCERTAINTIES:

 

 

An outbreak of a novel strain of coronavirus (COVID-19) has disrupted supply chains and affected production and sales across a range of industries. The extent of the impact of COVID-19 on the Company’s operational and financial performance will depend on certain developments, including the duration and spread of the outbreak. Impact of the customers, employees, and vendors cannot be predicted, and the extent to which COVID-19 may impact the Company’s financial condition or results of the operations is uncertain at this time.

 

 

20.

SETTLEMENT OF LITIGATION:

 

 

In 2019, the Company filed a complaint against a former supplier for violations of an established contract. The supplier also made counterclaims against the Company. The parties to this litigation agreed to negotiate a settlement through mediation based on the terms of the agreement which was concluded on September 15, 2020. As a result of the mediation, all claims and counterclaims have been terminated. The consolidated statements of operations includes a separately stated expense of $4,000,000 related to the settlement of this litigation. The terms of payment required the Company to pay $900,000 on or before September 15, 2020 and $400,000 on or before October 15, 2020. The remaining balance was to be paid by the Company monthly at a rate of $600 per qualifying freezer, as defined in the settlement agreement, shipped to a customer. Upon payment of $1,000,000 the rate per qualifying freezer will be reduced to $300. Any settlement sum not paid within 42 months of the agreement is due in full to the supplier.

 

 

21.

SUBSEQUENT EVENTS:

 

 

The accompanying consolidated financial statements consider events through April 13, 2021, the date on which the consolidated financial statements were available to be issued.

 

During 2020, the Company entered into negotiations with a third-party that would result in the sale of Global Cooling, Inc. On March 19, 2021 the Board voted to approve the sale of the Company pending final approval of the stockholders. As of the date of these financial statements, the final vote by the stockholders has not occurred. Management has made no changes, other than the vesting of stock options as of December 31, 2020, on the reporting value of the assets or liabilities that may occur as a result of the change in control in the preparation of the financial statements.

 

 
EX-99.2 4 ex_261762.htm EXHIBIT 99.2 ex_261762.htm

 

Exhibit 99.2

 

 

 

 

 

Global Cooling, Inc. and Subsidiary

 

Consolidated Financial Statements

 

March 31, 2021 and 2020

 

(Unaudited)

 

 

 

 

TABLE OF CONTENTS

 

 

Consolidated Financial Statements (Unaudited):  
   
Balance Sheets as of March 31, 2021 and December 31, 2020 (Unaudited) 1-2
   
Statements of Operations for the three months ended March 31, 2021  and 2020 (Unaudited) 3
   
Statements of Stockholders’ Equity (Deficit) for the three months ended March 31, 2021 and 2020 (Unaudited) 4
   
Statements of Cash Flows for the three months ended March 31, 2021 and 2020 (Unaudited) 5
   
Notes to the Consolidated Financial Statements (Unaudited) 6-17

 

 

 

Global Cooling, Inc. and Subsidiary

Consolidated Balance Sheet (Unaudited)

March 31, 2021 and December 31, 2020

 

    

March 31,

   

December 31,

 
    

2021

   

2020

 

Assets

               
                  

Current assets:

               

Cash and cash equivalents

  $ 45,719       237,705  

Accounts receivable, trade, net

    7,540,313       6,027,323  

Receivables, other

    55,424       65,424  

Notes receivable - related party

    374,000       -  

Inventory, net

    13,147,430       8,529,294  

Prepaid expenses

    172,306       212,667  
                  

Total current assets

    21,335,192       15,072,413  
                  

Property and equipment:

               

Machinery

    2,813,437       2,771,582  

Furniture and equipment

    555,276       555,276  

Computers and equipment

    687,049       683,591  

Leasehold improvements

    665,652       665,652  

Construction in progress

    518,714       394,290  
       5,240,128       5,070,391  

Less accumulated depreciation

    1,648,733       1,504,688  
                  

Total property and equipment

    3,591,395       3,565,703  
                  

Other assets:

               

Deposits

    3,700       3,700  

Other assets

    3,084       3,496  

Notes receiavble - related party

    -       374,000  
                  

Total other assets

    6,784       381,196  
                  

Total assets

  $ 24,933,371       19,019,312  

 

 

See accompanying notes to the unaudited consolidated financial statements

 

 

 

Global Cooling, Inc. and Subsidiary

Consolidated Balance Sheet (Unaudited) (continued)

March 31, 2021 and December 31, 2020

 

   

March 31,

   

December 31,

 
   

2021

   

2020

 

Liabilities and Stockholders' Equity (Deficit)

               
                 

Current liabilities:

               

Line of credit

  $ 3,428,491       757,562  

Accounts payable - trade

    10,004,533       7,393,945  

Customer advances

    2,647,471       2,479,658  

Accrued compensation

    1,231,717       924,104  

Other accrued expenses

    3,302,365       3,560,091  

Long-term debt, current portion

    262,500       758,750  

Capital lease obligations, current portion

    29,324       28,826  
                 

Total current liabilities

    20,906,401       15,902,936  
                 

Long-term liabilities:

               

Deferred rent

    121,102       116,415  

Capital lease obligations, less current portion

    87,947       95,467  

Convertible promissory notes payable

    1,500,000       1,500,000  

Long-term debt, less current portion

    4,129,087       3,545,236  
                 

Total long-term liabilities

    5,838,136       5,257,118  
                 

Stockholders' equity:

               

Preferred stock - Series A, 100,000 shares authorized and 83,030 outstanding, par value $40, with liquidation preferences of $5,005,129 and $4,947,008, respectively

    3,321,200       3,321,200  

Preferred stock - Series B, 60,0000 shares authorized and 59,999 outstanding, par value $.01, with liquidation preferences of $8,473,806 and $8,345,693, respectively

    600       600  

Common stock - 600,000 shares authorized and 297,094 and 296,719 oustanding, respectively, par $.01

    2,971       2,967  

Additional paid-in-capital

    22,433,902       22,165,623  

Accumulated other comprehensive income, net of tax

    (116,856 )     (114,441 )

Retained deficit

    (27,686,433 )     (27,789,316 )
      (2,044,616 )     (2,413,367 )

Non-controlling interest

    233,450       272,625  
                 

Total stockholders' equity (deficit)

    (1,811,166 )     (2,140,742 )
                 

Total liabilities and stockholders' equity (deficit)

  $ 24,933,371       19,019,312  

 

 

See accompanying notes to the unaudited consolidated financial statements

 

 

 

Global Cooling, Inc. and Subsidiary

Consolidated Statement of Operations (Unaudited)

Three months ended March 31, 2021 and 2020

 

   

2021

   

2020

 
                 

Sales, net of discounts and allowances

  $ 18,463,487       6,842,071  
                 

Cost of sales

    13,624,018       5,813,532  
                 

Gross profit

    4,839,469       1,028,539  
                 

General and administrative expenses

    4,318,230       3,226,219  
                 

Income from operations

    521,239       (2,197,680 )
                 

Other income (expense):

               

Other expense

    (826 )     -  

Interest income

    4,757       5,127  

Interest expense

    (275,228 )     (131,522 )
                 
      (271,297 )     (126,395 )
                 

Net income (loss)

    249,942       (2,324,075 )
                 

Other comprehensive income (loss) -

               

Income (loss) on foreign currency translation

    (2,415 )     21  
                 

Total comprehensive income (loss)

  $ 247,527       (2,324,054 )

 

 

See accompanying notes to the unaudited consolidated financial statements

 

 

 

Global Cooling, Inc. and Subsidiary

Consolidated Statement of Stockholders’ Equity (Unaudited)

Three months ended March 31, 2021 and 2020

 

                           

Accumulated

                         
                   

Additional

   

Other

           

Non-

         
   

Preferred

   

Common

   

Paid-In

   

Comprehensive

   

Retained

   

Controlling

         
   

Stock

   

Stock

   

Capital

   

Loss

   

Deficit

   

Interest

   

Total

 
                                                         

Balance as of January 1, 2020

  $ 3,296,840       2,960       21,408,435       (122,833 )     (22,099,133 )     272,625       2,758,894  
                                                         

Stock-based compensation on options

    -       -       30,015       -       -       -       30,015  
                                                         

Warrant exercises

    24,960       -       -       -       -       -       24,960  
                                                         

Accrued dividends on preferred stock

    -       -       128,114       -       (128,114 )     -       -  
                                                         

Gain on foreign currency translation

    -       -       -       21       -       -       21  
                                                         

Net Loss

    -       -       -       -       (2,324,075 )     -       (2,324,075 )
                                                         

Balance as of March 31, 2020

    3,321,800       2,960       21,566,564       (122,812 )     (24,551,322 )     272,625       489,815  
                                                         

Balance as of January 1, 2021

    3,321,800       2,967       22,165,623       (114,441 )     (27,789,316 )     272,625       (2,140,742 )
                                                         

Stock-based compensation on options

    -       -       58,160       -       -       -       58,160  
                                                         

Stock options and warrant exercises

    -       4       23,885       -       -       -       23,889  
                                                         

Accrued dividends on preferred stock

    -       -       186,234       -       (147,059 )     (39,175 )     -  
                                                         

Loss on foreign currency translation

    -       -       -       (2,415 )     -       -       (2,415 )
                                                         

Net Income

    -       -       -       -       249,942       -       249,942  
                                                         

Balance as of March 31, 2021

  $ 3,321,800       2,971       22,433,902       (116,856 )     (27,686,433 )     233,450       (1,811,166 )

 

 

See accompanying notes to the unaudited consolidated financial statements

 

 

 

Global Cooling, Inc. and Subsidiary

Consolidated Statement of Cash Flows (Unaudited)

Three months ended March 31, 2021 and 2020

 

   

2021

   

2020

 
                 

Cash flows from operating activities:

               

Net Income (loss)

  $ 249,942     $ (2,324,075 )

Adjustments to reconcile net income to net cash flows used in operating activities:

               

Depreciation

    144,044       151,187  

Bad debt expense

    (853 )     5,098  

Provision for obsolete inventory

    119,426       49,856  

Deferred rent

    4,687       10,328  

Stock-based compensation on options

    58,160       30,015  

Amortization of debt cost

    38,904       6,037  

Effects of changes in operating assets and liabilities:

               

Accounts receivable

    (1,512,137 )     86,154  

Other receivable

    10,000       7,626  

Inventory, net

    (4,737,562 )     1,338,208  

Prepaid expenses

    40,361       37,916  

Accounts payable - trade

    2,610,588       (785,144 )

Other assets

    412       -  

Customer advances

    167,813       -  

Other accrued expenses

    (257,726 )     (105,934 )

Accrued compensation

    307,613       (224,120 )
                 

Net cash flows used in operating activities

    (2,756,328 )     (1,716,848 )
                 

Net cash flows from investing activities:

               

Purchase of property and equipment

    (169,736 )     (62,986 )
                 

Cash flows from financing activities:

               

Payments on capital lease obligations

    (7,022 )     (4,336 )

Borrowings on line of credit

    2,670,929       725,000  

Proceeds from notes payable

    62,697       -  

Payments of debt issuance cost

    (14,000 )     -  

Stock options and warrant exercises

    23,889       24,960  
                 

Net cash flows from financing activities

    2,736,493       745,624  
                 

Foreign currency translation adjustment

    (2,415 )     21  
                 

Decrease in cash

    (191,986 )     (1,034,189 )
                 

Cash and cash equivalents, beginning of year

    237,705       3,197,164  
                 

Cash and cash equivalents, end of year

  $ 45,719     $ 2,162,975  

 

 

See accompanying notes to the unaudited consolidated financial statements

 

 

 

1.

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: 

 

The following accounting principles and practices of Global Cooling, Inc. and Subsidiary (collectively, the Company) are set forth to facilitate the understanding of data presented in the consolidated financial statements.

 

 

Nature of operations

 

Global Cooling, Inc. is engaged primarily in the manufacturing and retail sales of environmentally friendly, ultra-low temperature freezers, which are currently used worldwide by life science, pharmaceutical, biomedical/clinical, and biotechnology customers. The Company also provides parts, maintenance, and repair services for the products it sells.

 

Global Cooling B.V. (GCBV), a Dutch Company, is a licensing company. GCBV licenses various intellectual properties to manufacturers worldwide. In 2008, Global Cooling, Inc. became a majority owner in GCBV.

 

 

Principles of consolidation

 

The consolidated financial statements include the accounts of Global Cooling, Inc. and GCBV. All inter-company balances and transactions have been eliminated in consolidation.

 

 

Basis of accounting

 

The financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States of America (U.S. GAAP).

 

 

Revenue recognition

 

The Company derives its revenues primarily from the sale of manufactured freezers. Revenues are recognized when control of these products are transferred to its customers, in an amount that reflects the consideration the Company expects to be entitled to in exchange for those products and services. Sales and other taxes the Company collects concurrent with revenue-producing activities are excluded from revenue. Shipping and freight cost charged to customers are reported within revenue. Incidental items that are immaterial in the context of the contract are recognized as expense. The Company does not have any significant financing components as payment is received at or shortly after the point of sale. Costs incurred to obtain a contract will be expensed as incurred when the amortization period is less than a year.

 

Revenue from performance obligations satisfied at a point in time consists of the sale of manufactured freezers. For performance obligations related to the sale of manufactured freezers, control transfers to the customer at a point in time. The Company’s principal terms of sale are FOB Shipping Point and FOB Destination and the Company transfers control and records revenue for product sales either upon shipment or delivery to the customer, respectively.

 

The nature of the Company’s business gives rise to variable consideration, including allowances and returns that generally decrease the transaction price which reduces revenue. These variable amounts are generally credited to the customer, based on product returns or price concessions, and based upon the most likely amount that is expected to be earned. Estimated amounts are included in the transaction price to the extent it is probable that a significant reversal of cumulative revenue recognized will not occur when the uncertainty associated with the variable consideration is resolved. Estimates of variable consideration are made based upon historical experience and known trends.

 

 

 

Use of estimates

 

The preparation of the consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that effect certain reported amounts and disclosures. Accordingly, actual results could differ from those estimates.

 

 

Shipping and freight cost

 

Shipping and freight costs incurred by the Company are included in cost of sales.

 

 

Cash and cash equivalents

 

The Company considers all highly liquid investments purchased with maturities of three months or less to be cash equivalents.

 

 

Accounts receivable

 

The Company records accounts receivable when the control of the product is transferred to the customer and amounts are stated at the amount billed to the customer net of any allowance for doubtful accounts, as needed. Management provides for probable uncollectible amounts through a charge to bad debt expense in the consolidated statements of operations and a credit to a valuation allowance based on its assessment of the current status of individual accounts. Balances that remain outstanding after management has used reasonable collection efforts are written off through a charge to the valuation allowance and a credit to receivables. Management has recorded an allowance for doubtful accounts of $77,831 and $853 as of March 31, 2021 and December 31, 2020, respectively.

 

 

Inventory

 

Inventory is valued at the lower of cost or net realizable value using the standard cost method, which approximates the first-in, first-out (“FIFO”) method. Appropriate consideration is given to obsolescence, excessive levels, deterioration, and other factors in determining net realizable value and a reserve for obsolescence is recognized if necessary. Cost includes material, labor and applicable manufacturing overhead.

 

 

Property and equipment

 

Property and equipment are stated at cost. Depreciation is computed using the straight-line method over the estimated remaining useful lives of the corresponding assets, which ranges from three to thirty-nine years. Expenditures for repairs or renewal and betterments that extend the useful lives of property and equipment are capitalized. When assets are retired or otherwise disposed of, their costs and related accumulated depreciation are removed from the accounts and resulting gains or losses are included in income. Long-lived assets held and used by the Company are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable.

 

 

Warranty reserve

 

The Company accrues an estimate of its exposure to warranty claims based on current and historical product sales data and warranty cost incurred, which in management’s judgment, is adequate to absorb potential claims. Because of the inherent uncertainties in estimating warranty costs, it is at least reasonably possible that the estimate used will change within the near-term.

 

 

 

Advertising costs

 

The Company expenses advertising costs as incurred. Advertising expenses of $107,105 and $188,845 were recognized for the three months ended March 31, 2021 and March 31, 2020, respectively.

 

 

Translation of foreign currencies

 

The current assets and liabilities of GCBV are translated at year end exchange rates, capital transactions are translated based on the historical exchange rate, and revenues and expenses are translated at average rates. Translation adjustments are reported as a separate component of stockholders’ equity.

 

 

Other comprehensive income

 

Comprehensive income is the total of net income plus gains and losses on foreign currency translation adjustments. Accumulated other comprehensive income consisting of accumulated foreign currency gains and losses, is reported in stockholder equity, net of tax.

 

 

Income taxes

 

Deferred taxes are provided on a liability method whereby deferred tax assets are recognized for deductible temporary differences and operating loss carry forwards, and deferred tax liabilities are recognized for taxable temporary differences. Temporary differences are the differences between the reported amounts of assets and liabilities and their tax basis. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all the deferred tax assets will not be realized. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment.

 

 

2.

INVENTORY:

 

 

Inventory consists of the following:

 

   

March 31,

   

December 31,

 
   

2021

   

2020

 
                 

Raw material

  $ 8,384,838       6,318,162  

Work in process

    2,836,792       1,475,730  

Finished goods

    1,925,800       735,402  
                 
    $ 13,147,430       8,529,294  

 

 

 

3.

INCOME TAXES

 

 

The income tax provision (benefit) consisted of the following for the three months ended March 31, 2021 and 2020:

 

   

2021

   

2020

 

Deferred federal tax expense

  $ 78,096       467,024  

Change in valuation allowance

    (78,096 )     (467,024 )
                 

Total income tax provision (benefit)

  $ -       -  

 

 

 

The components of the deferred tax asset is as follows:

 

   

March 31,

   

December 31,

 
   

2021

   

2020

 

Deferred tax assets:

               

Deferred tax assets

  $ 5,098,425       5,176,521  

Deferred tax liabilities

    (3,464 )     (3,464 )

Valuation allowance

    (5,094,961 )     (5,173,057 )
                 

Net deferred tax assets

  $ -       -  

 

 

 

Deferred tax assets are attributable to changes in certain valuation allowances, accrued expenses, and net operating loss carryforward. Deferred tax liabilities result from excess accumulated tax depreciation over book depreciation and differences in losses on assets disposed. Permanent differences result from deductions for life insurance, options compensation, and 50% of meals. The deferred tax assets include a federal net operating loss carryforward of $21,464,789 as of March 31, 2021. If not utilized, federal net operating loss carryforwards of $10,700,638 will expire between 2030 and 2037. Net operating loss carryforwards of $10,764,151 are available indefinitely. Certain changes in the Company’s ownership, which may result in limitations on the amount of loss carry forwards that can be utilized to offset future taxable income.

 

 

4.

LINE OF CREDIT:

 

 

Effective December 16, 2020, the Company maintains a line of credit with a bank which expires in June 2023. The outstanding balance bears interest at a floating rate equal the 3 month LIBOR rate plus 5.50%. The maximum allowed on the line of credit is $5,000,000. The line is secured by all the assets of the Company. The Company’s credit agreement with the bank contains certain restrictions and covenants. The Company must maintain a minimum level of availability on the line of credit. The covenants have been met by the Company as of March 31, 2021.

 

 

 

5.

CONVERTIBLE PROMISSORY NOTES:

 

 

In 2020, the Company issued $1,500,000 of convertible promissory notes. The notes are subordinated to all other debts. The promissory notes and accrued interest automatically convert to shares in connection with a qualified financing or non-qualified financing event as defined in the debt agreements. The principal balance and accrued interest will convert at a discounted stock price. However, the discount is contingent upon an event that was not reasonably predictable at the time of debt issuance so no beneficial interest related to the discounted conversion price was recorded. The notes accrue interest at a rate of 8% per year. If a qualified financing or non-qualified financing is not completed by July 15, 2022, the maturity date of the notes, the Company will repay the investor’s total debt outstanding and accrued interest. As of March 31, 2021 the outstanding principal totaled $1,500,000 and accrued interest totaled $85,000. As of December 31, 2021 the outstanding principal totaled $1,500,000 and accrued interest totaled $55,000.

 

 

6.

LONG-TERM DEBT:

 

Long-term debt consists of the following:

 

    

March 31,

   

December 31,

 
    

2021

   

2020

 

Note payable to Enhanced Capital Ohio Rural Fund, LLC, interest only payable monthly, beginning November 2019 through May 2021, at an interest rate of LIBOR (.019% as of March 31, 2021) plus 6.5%. Beginning June 1, 2021 payments of quarterly principal payments of $43,750 plus accrued interest are due through November 2021. Beginning December 1, 2021 payments of quarterly principal payments of $87,500 plus accrued interest are due, with a final balloon payment due September 7, 2023. The note is secured by substantially all assets of the Company.

  $ 1,750,000       1,750,000  
                  

Note payable to Advantage, interest only payable monthly, beginning March 31, 2021 through December 18, 2027, at an interest rate of LIBOR (0.19% as of March 31, 2021) + 6.50%. On July 17, 2023, a principal payment of $300,000 is due. On July 17, 2024, a principal payment of $1,400,000 is due. On December 18, 2027 a balloon payment of the remaining principal is due. The note is secured by substantially all the assets of the Company.

    2,812,697       2,750,000  
                  
       4,562,697       4,500,000  
                  

Unamortized debt discount and debt issuance costs

    (171,110 )     (196,014 )
                  
       4,391,587       4,303,986  
                  

Less current portion

    262,500       758,750  
                  
     $ 4,129,087       3,545,236  

 

 

 

Aggregate maturities of long-term debt (including convertible promissory notes described in Note 5) for the next five years and thereafter are as follows:

 

Twelve Months Ending March 31:

       

2022

  $ 262,500  

2023

    1,850,000  

2024

    1,437,500  

2025

    1,400,000  

2026

    -  

Thereafter

    1,112,697  
         
    $ 6,062,697  

 

 

The Company must maintain a certain fixed coverage ratio and certain levels of EBITDA. These requirements were met as of March 31, 2021.

 

 

7.

WARRANTY RESERVE:

 

 

The warranty liability is included in other accrued expenses in the accompanying consolidated balance sheet. Changes in the Company’s warranty liability were as follows:

 

   

March 31,

   

December 31,

 
   

2021

   

2020

 
                 

Warranty accrual, beginning of year

  $ 575,479       437,410  

Additions to warranty accrual

    1,122,955       2,465,334  

Actual warranty expenditures

    (1,002,966 )     (2,327,265 )
                 

Warranty accrual, end of year

  $ 695,468       575,479  

 

 

8.

STOCK OPTION PLAN:

 

 

The Company maintains the Global Cooling, Inc. Stock Option Plan (the Plan) to further the long-term growth of the Company by offering competitive incentive compensation to key employees, non-employee directors and consultants of the Company. Options are granted at an exercise price that is at least equal to the fair value of the shares at the date of the grant. Under the terms of the Plan, the Company is authorized to grant incentive and nonqualified stock options as defined under the Internal Revenue Code. The Plan is administered by the Board of Directors (the Board). The Board selects the individuals to whom options will be granted and determines the option exercise price and other terms of each award, subject to the provisions of the Plan. Options vest ratably over the required service period. Options granted under the Plan will expire no later than the tenth anniversary of the grant date.

 

The total number of awards available for grant under the Plan represents 140,000 shares of the Company’s common stock as of March 31, 2021 and December 31, 2020. At March 31, 2021, there were 79,075 options outstanding for this Plan, 35,449 options that have been exercised and 25,476 remaining shares available for grant under the Plan. At December 31, 2020, there were 79,450 options outstanding for this Plan, 35,074 options that have been exercised and 25,476 remaining shares available for grant under the Plan

 

 

 

The fair values of the options granted to each employee were estimated on the date of the grant using the Black-Scholes-Merton option pricing model that uses the assumptions concerning expected volatility, expected term, and the expected risk-free rate of return. Expected volatility was estimated by management using similar public company data. The expected term of options granted is stated in the contract. Risk-free rates of return are yields for constant maturity U.S. Treasury Notes maturing approximately at the end of the option life.

 

The weighted average remaining contractual life of options outstanding at March 31, 2021 and December 31, 2020 was approximately two years.

 

A summary of the status of the Plan as of December 31, 2020 and changes during the year then ended were as follows:

 

           

Weighted

 
           

Average

 
   

Options

   

Exercise Price

 

Outstanding at January 31, 2020

    57,521     $ 79.36  

Granted

    37,100     $ 38.65  

Exercised

    (750 )   $ 52.10  

Forfeited

    (14,421 )   $ 17.27  

Outstanding at December 31, 2020

    79,450     $ 62.08  
                 

Options exercisable at December 31, 2020

    31,780     $ 74.69  

 

 

A summary of the status of the Plan as of March 31, 2021 and changes during the three months then ended were as follows:

 

 

           

Weighted

 
           

Average

 
   

Options

   

Exercise Price

 

Outstanding at December 31, 2020

    79,450     $ 57.46  

Exercised

    (375 )   $ 39.50  

Outstanding at March 31, 2021

    79,075     $ 62.19  
                 

Options exercisable at March 31, 2021

    38,387     $ 70.41  

 

 

As of March 31, 2021 and December 31, 2020, there were total unrecognized compensation costs related to non-vested options granted under this plan of approximately $296,587 and $355,117, respectively. The costs are expected to be recognized as the options vest. The stock-based compensation on options that has been recognized for this plan was $58,160 and $30,015 for the three months ended March 31, 2021 and March 30, 2020, respectively.

 

 

9.

PREFERRED STOCK

 

 

At March 31, 2021, the Company was authorized to issue up to 100,000 shares of Series A convertible preferred stock (Series A) with a par value of $40. The Company was authorized to issue up to 60,000 shares of Series B convertible preferred stock (Series B) with a par value of $.01.

 

 

 

The holders of Series A and Series B have various rights and preferences as follows:         

 

 

Relative ranking

 

Series B shall rank senior to the Series A and the common stock with respect to the payment of dividends, if any, and redemption and upon liquidation, dissolution or winding up the Corporation. Series A shall rank senior to the Common Stock with respect to the payment of dividends, if any, and redemption and upon liquidation, dissolution or winding up the Corporation.

 

 

Voting

 

Each share of Series A and B has voting rights equal to an equivalent number of shares of common stock into which it is convertible and votes together as one class with the common stock.

 

 

Dividends

 

Dividends accrue at the per annum rate of 7% of the original issue price compounded annually for both Series A and Series B. Dividends shall accrue from day to day, whether or not earned or declared, and shall be cumulative. All accrued and unpaid cumulative dividends shall be paid before any dividends or other distribution is made to common stockholders. In addition, Series A and Series B are entitled to receive dividends in an amount equal to any cash dividend or distribution paid to common stockholders, when and if declared by the board of directors, based on the number of shares of common stock held on an as-if converted basis, or at a stated rate per share for dividends paid on any class or Series that is not convertible to common stock.

 

At March 31, 2021 and December 31, 2020, the cumulative and unpaid dividends related to the Series A were $1,683,929 or $20.28 per share and $1,625,808 or $19.58, respectively. At March 31, 2021 and December 31, 2020, the cumulative and unpaid dividends related to the Series B were $1,153,023 or $19.22 per share and $1,024,910 or $17.08 per share. There is a class of preferred shares issued by the consolidated foreign subsidiary that are owned by non-controlling investors. Upon liquidation those investors would be entitled to their original investment and accumulated and unpaid dividends. At March 31, 2021 and December 31, 2020, the original investments and accumulated and unpaid dividends related to the preferred shares issued to the non-controlling investors were $233,450 and $272,625.

 

The cumulative and unpaid dividends are included in additional paid-in capital on the consolidated balance sheets until the dividends are declared for payment.

 

 

Conversion

 

Each share of preferred stock Series A and Series B is convertible, at the option of the holder, at any time, into shares of common stock based on the then effective conversion rate. The effective conversion rate is determined by dividing the original issue price by the conversion price. The conversion price is adjustable for certain diluting issuances or equity instruments. Applying the effective conversion rate at March 31, 2021, preferred stock is convertible into common shares on a share-for-share basis.

 

All outstanding shares of preferred stock shall automatically be converted into shares of common stock using the effective conversion rate upon the earlier of the closing of an initial public offering of the Company’s common stock in which the per share price is $200 (subject to appropriate adjustment in the event of a stock dividend, stock split, combination or other similar recapitalization with respect to common stock) and the gross proceeds to the Company are at least $25,000,000, or the vote or written consent of the holders of the outstanding Series A and Series B.

 

 

 

Liquidation

 

In the event of any dissolution, deemed liquidation or winding up of the Company, the Series A and Series B shall be entitled to receive liquidating distributions, before any distribution is made to common stockholders. The holders of shares of Series A and Series B then outstanding shall be entitled to receive an amount per share equal to the original issue price, plus any accrued but unpaid Series A and Series B dividends. If the distributable assets are insufficient to pay the holders of Series A and Series B in full, a pro rata distribution of the assets shall be made to the Series A, only after Series B has been paid in full.

 

After payment of the full Series A and Series B liquidation preference the preferred stockholders shall be entitled to participate on an as-if converted basis with the holders of the common shares as a single class in the distribution of the remaining assets of the Company.

 

 

Put Right

 

At any time following the five year anniversary of the first sale of Series B, a majority of the holders of preferred stock may elect to have some or all of their outstanding preferred shares redeemed by the Company at the greater of the Series A original issue price per share plus all declared but unpaid dividends or the fair market value of the shares. Management has determined the put right is not a mandatory redemption, and therefore, the preferred shares are classified as equity.

 

 

10.

COMMON STOCK WARRANTS

 

 

Detachable common stock warrants were issued in conjunction with a note payable issued in 2018. The warrants are fully vested and have a term of ten years. Each common stock warrant can be redeemed for one share of common stock at an exercise price of $76.30 per share. The fair value of the warrants was insignificant, so no additional paid in capital and debt discount were recorded. The total warrants of 459 were exercisable during the year ended December 31, 2018.

 

 

11.

COMMON STOCK:

 

 

At March 31, 2021, the Company was authorized to issue up to 600,000 shares of common stock, with a par value of $0.01, and the following shares of common stock are reserved for issuance:

 

Exercise of stock options and other awards under equity plan

    79,075  

Exercise of warrants issued

    459  
         

Total shares reserved and authorized, but not issued

    79,534  
         

Total shares issued

    297,094  
         

Total shares committed

    376,628  

 

 

 

12.

RETIREMENT PLAN:

 

 

The Company elected a Safe Harbor Profit Sharing Plan available to eligible employees, as defined by the plan document. Participating employees may elect to contribute a portion of their compensation, up to the maximum amount allowed by the Internal Revenue Service. The Company made safe harbor contributions of 100% of the first 3% and 50% of the next 2% of participating employees’ eligible deferrals. The Company may make additional discretionary contributions to the Plan on behalf of the eligible employees. Employer safe harbor contributions of $87,400 and $59,535 were made for the three months ended March 31, 2021 and 2020, respectively. No discretionary contributions were made by the Company for the three months ended March 31, 2021 and March 31, 2020, respectively.

 

 

13.

OPERATING LEASES:

 

 

The Company leases equipment and various warehouse, office, and operating facility space under operating leases with terms expiring in various years through March 2028. The following is a schedule by years of future minimum rentals under the leases at March 31, 2021:

 

 

Twelve Months Ending March 31:

       
         

2022

  $ 312,854  

2023

    320,859  

2024

    332,859  

2025

    331,469  

2026

    340,202  

Thereafter

    427,050  
         
    $ 2,065,293  

 

 

The operating facility lease provides for escalating lease payments. The Company accrued the rent associated with the escalating payments and is amortizing the accrual ratably over the remainder of the lease. Rental expense for the three months ended March 31, 2021 and 2020 approximated $124,000 and 111,800, respectively.

 

 

14.

CAPITAL LEASES:

 

 

The Company has acquired certain office equipment and equipment under capital leases. The leases expire at various dates through November 2025. As of March 31, 2021, the equipment and related accumulated amortization recorded under the capital lease that was included in the accompanying balance sheet is as follows:

 

   

March 31,

   

December 31,

 
   

2021

   

2020

 
                 

Machinery and equipment

  $ 150,458       150,458  

Less accumulated depreciation

    (47,369 )     (39,846 )
                 
    $ 103,089       110,612  

 

 

 

Minimum future lease payments under the capital leases remaining at March 31, 2021 are as follows:

 

Twelve Months Ending March 31:

       

2022

  $ 36,122  

2023

    36,122  

2024

    36,122  

2025

    16,716  

2026

    7,337  
         

Total minimum payments

  $ 132,419  

Less amounts representing imputed interest (5.25% - 6.7%)

    15,148  
         

Present value of minimum lease payments

    117,271  
         

Less current portion

    29,324  
         
    $ 87,947  

 

 

Amortization of assets held under the capital lease is included in depreciation expense.

 

 

15.

CONCENTRATIONS:

 

Global Cooling, Inc. maintains its cash balances in two financial institutions. Deposits in interest-bearing and non-interest-bearing accounts are insured by the Federal Deposit Insurance Corporation (FDIC) up to $250,000 per institution. From time to time, the Company may have balances that exceed the insured limit but has not experienced any losses. Global Cooling B.V. maintains its cash balances at an international financial institution. Cash balances are insured by the Deposit Guarantee and Investor Compensation Act up to $100,000 per institution. The Company has not experienced any such losses and believes it is not exposed to any significant credit risk.

 

For the three months ended March 31, 2021, the Company had sales to two customers that made up 54% of the total sales and 41% of total receivables, respectively. For the three months ended March 30, 2020, the Company had sales to two customers that made up 62% of the total sales and 41% of total receivables, respectively. Customer balances are continually monitored to minimize the risk of loss.

 

 

16.

SUPPLEMENTAL CASH FLOW INFORMATION:

 

 

Cash paid during the three months ended March 31, 2021 and 2020 for interest amounted to $175,122 and $131,522, respectively.

 

On February 12, 2021, the Company refinanced the note payable with Advantage Capital in the amount of $2,750,000 with the issuance of a new note payable in the amount of $2,750,000.

 

 

 

17.

RISK AND UNCERTAINTIES:

 

 

An outbreak of a novel strain of coronavirus (the coronavirus pandemic) has disrupted supply chains and affected production and sales across a range of industries. The extent of the impact of the coronavirus pandemic on the Company’s operational and financial performance will depend on certain developments, including the duration and spread of the outbreak. Impact of the customers, employees, and vendors cannot be predicted, and the extent to which the coronavirus pandemic may impact the Company’s financial condition or results of the operations remains uncertain at this time.

 

 

18.

SETTLEMENT OF LITIGATION:

 

 

In 2019, the Company filed a complaint against a former supplier for violations of an established contract. The supplier also made counterclaims against the Company. The parties to this litigation agreed to negotiate a settlement through mediation based on the terms of the agreement which was concluded on September 15, 2020. As a result of the mediation, all claims and counterclaims have been terminated. In 2020, the Company recorded a liability and litigation expense related to the settlement of this litigation. The terms of the agreement required the Company to pay $900,000 on or before September 15, 2020 and $400,000 on or before October 15, 2020. The remaining balance is to be paid by the Company monthly at a rate of $600 per qualifying freezer, as defined in the settlement agreement, shipped to a customer. Upon payment of $1,000,000 the rate per qualifying freezer will be reduced to $300. Any settlement sum not paid within 42 months of the agreement is due in full to the supplier. As of March 31, 2021 the remaining liability to be paid was $2,091,600.

 

 

19.

SUBSEQUENT EVENTS:

 

 

The accompanying consolidated financial statements consider events through July 7, 2021, the date on which the consolidated financial statements were available to be issued.

 

During 2020, the Company entered into negotiations with a third-party that would result in the sale of Global Cooling, Inc. On March 19, 2021 the Board voted to approve the sale of the Company pending final approval of the stockholders. The final vote by the stockholders occurred on May 3, 2021 at which time the sale was approved. Management has made no changes on the reporting value of the assets or liabilities that may occur as a result of the change in control in the preparation of the financial statements.

 

Upon the closing of the sale on May 3, 2021, the non-vested options described in Note 8 became vested and were exercised and the convertible notes described in Note 5 and all cumulative and unpaid dividends described in Note 9 were converted to shares of Company stock. All Company outstanding shares were exchanged for shares of the acquiring Company.

 

On June 30, 2021, the Company entered into an agreement to settle the remaining litigation settlement liability detailed in Note 18 of $1,705,200 for a discounted amount of $1,530,000, resulting in a gain on litigation settlement of $175,200.

 

 
EX-99.3 5 ex_261763.htm EXHIBIT 99.3 ex_261763.htm

Exhibit 99.3 

 

Unaudited Pro Forma Condensed Combined Financial Information

 

GCI Merger

 

General Terms and Effects

 

On March 19, 2021, BioLife Solutions, Inc. (the “Company”), a Delaware corporation, entered into an Agreement and Plan of Merger (the “Merger Agreement”) with BLFS Merger Subsidiarity, Inc., a Delaware corporation (“Merger Sub”), Global Cooling, Inc., a Delaware corporation (“GCI” or “Global Cooling”) and Albert Vierling and William Baumel, in their capacity as the representatives of the stockholders of GCI (collectively, the “Seller Representative”).

 

On May 3, 2021, pursuant to the Merger Agreement, subject to the terms and conditions set forth therein, the transactions contemplated by the Merger Agreement were consummated (the “Closing”), Merger Sub merged with and into GCI (the “Merger” and, together with other transactions contemplated by the Merger Agreement, the “Transactions”), with GCI continuing as the surviving corporation in the Merger and a wholly-owned subsidiary of the Company. In the Merger, all of the issued and outstanding shares of capital stock of GCI immediately prior to the filing of the Certificate of Merger with the Secretary of State of the State of Delaware (other than those properly exercising any applicable dissenter’s rights under Delaware law) were converted into the right to receive the Merger Consideration (as defined below). The Company paid the Merger Consideration to the holders of common stock and preferred stock of GCI (collectively, the “GCI Stockholders”).

 

Merger Consideration

 

The aggregate merger consideration paid pursuant to the Merger Agreement to the GCI Stockholders was 6,646,870 newly issued shares of common stock, $0.001 par value per share (“Company Common Stock”), of the Company, which represents 19.9% of the Company Common Stock issued and outstanding immediately prior to March 19, 2021 (excluding for the avoidance of doubt any of the Company’s non-vested restricted stock awards) (the “Merger Consideration” and such shares the “Merger Consideration Shares”); provided, however, that the Merger Consideration otherwise payable to GCI Stockholders is subject to the withholding of the Escrow Shares (as defined below) and is subject to reduction for indemnification obligations. The Merger Consideration allocable to one GCI stockholder was reduced by 10,400 shares to satisfy an outstanding note receivable of $374,000. The Merger Consideration is not subject to any purchase price adjustments.

 

Escrow Shares

 

At the Closing, approximately nine percent (9%) of the Merger Consideration (the “Escrow Shares”, along with any other dividends, distributions or other income on the Escrow Shares, the “Escrow Property”) otherwise issuable to the GCI Stockholders (allocated pro rata among the GCI Stockholders based on the Merger Consideration otherwise issuable to them at the Closing), was deposited into a segregated escrow account in accordance with an escrow agreement to be entered into in connection with the Transactions (the “Escrow Agreement”).

 

The Escrow Property will be held for a period of up to twenty-four (24) months after the Closing as the sole and exclusive source of payment for any post-Closing indemnification claims (other than fraud claims), unless earlier released in accordance with the terms of the Escrow Agreement.

 

SCI Acquisition

 

On September 18, 2020, BioLife entered into a Stock Purchase Agreement, by and among the Company, SciSafe Holdings, Inc. (“SciSafe” or “SCI”), a Delaware corporation, and the stockholders of SciSafe (collectively, the “SciSafe Sellers”) in accordance with the Stock Purchase Agreement, pursuant to which the Company agreed to purchase from the SciSafe Sellers one hundred percent (100%) of the issued and outstanding capital shares or other equity interests of SciSafe (the “Acquisition”). The SciSafe Acquisition closed October 1, 2020. At the closing of the Acquisition, the Company issued to the Sellers 611,683 shares of common stock valued at $29.29 per share and a cash payment of $15 million, with $1.5 million held in escrow to account for adjustments for net working capital and as a security for, and a source of payment of, the Company’s indemnity rights. Pending the occurrence of certain events, the Company will issue to the Sellers an additional 626,000 shares of common stock, which shall be issuable to Sellers upon SciSafe achieving certain specified revenue targets in each year from 2021 to 2024. The purchase price was subject to a post-closing working capital adjustment of approximately $53,000.

 

 

 

Unaudited Pro Forma Combined Financial Statements

 

The Merger is being accounted for as a business combination using the acquisition method with BioLife as the accounting acquirer in accordance with Accounting Standards Codification (“ASC”) Topic 805, Business Combinations. Under this method of accounting, the merger consideration will be allocated to GCI’s assets acquired and liabilities assumed based upon their estimated fair values at the date of completion of the Merger. The process of valuing the net assets of GCI immediately prior to the Merger, as well as evaluating accounting policies for conformity, is preliminary. Any differences between the estimated fair value of the consideration transferred and the estimated fair value of the assets acquired and liabilities assumed will be recorded as goodwill. Accordingly, the merger consideration allocation and related adjustments reflected in this unaudited pro forma condensed combined financial information are preliminary and subject to revision based on a final determination of fair value. Further, the unaudited pro forma combined financial information is based on the assumptions and adjustments that are described in the accompanying notes. Accordingly, the unaudited pro forma adjustments are preliminary, subject to further revision as additional information becomes available and additional analyses are performed. The unaudited pro forma adjustments have been made solely for the purpose of providing unaudited pro forma combined financial information. Differences between these preliminary estimates and the final accounting, expected to be completed after the closing of the Merger, will occur and these differences could have a material impact on the accompanying unaudited pro forma combined financial information and the combined company’s future results of operations and financial position. In addition, differences between the preliminary and final amounts as of the closing date of the Merger will likely occur as a result of the amount of cash used for the Company’s operations, changes in the fair value of the Company’s common stock, and other changes in the Company’s assets and liabilities.

 

The unaudited pro forma combined balance sheet data assumes that the Merger took place on March 31, 2021 and combines the historical balance sheets of Global Cooling and BioLife as of such date. The unaudited pro forma combined statements of operations and comprehensive loss for the year-ended December 31, 2020 and the three months ended March 31, 2021 assume that the Acquisition and Merger took place as of January 1, 2020 and combine the historical results of BioLife, SciSafe, and Global Cooling for the periods then ended. The unaudited pro forma combined financial information was prepared in accordance with GAAP and pursuant to the rules and regulations of Article 11 of SEC Regulation S-X, which were amended in May 2020.

 

The unaudited pro forma combined financial information is provided for illustrative purposes only, does not necessarily reflect what the actual consolidated results of operations would have been had the acquisition occurred on the dates assumed and may not be useful in predicting the future consolidated results of operations or financial position. The Company’s results of operations and actual financial position may differ significantly from the unaudited pro forma amounts reflected herein due to a variety of factors.

 

The unaudited pro forma combined financial information does not give effect to the potential impact of current financial conditions, regulatory matters, operating efficiencies or other savings or expenses that may be associated with the integration of the three companies. The unaudited pro forma combined financial information is preliminary and has been prepared for illustrative purposes only and is not necessarily indicative of the financial position or results of operations in future periods or the results that actually would have been realized had BioLife, SciSafe, and Global Cooling been a combined company during the specified periods. The actual results reported in periods following the Merger may differ significantly from those reflected in the unaudited pro forma combined financial information presented herein for a number of reasons, including, but not limited to, differences in the assumptions used to prepare this unaudited pro forma financial information.

 

The unaudited pro forma combined financial information, including the notes thereto, should be read in conjunction with the separate historical financial statements of BioLife and Global Cooling. BioLife’s consolidated statements of operations for the year ended December 31, 2020 and three months ended March 31, 2021 and consolidated balance sheet as of March 31, 2021 are derived from BioLife Form 10-K for the year ended December 31, 2020 and Form 10-Q for the three months ended March 31, 2021, respectively.

 

Accounting rules require evaluation of certain assumptions, estimates, or determination of financial statement classifications. The accounting policies of Global Cooling may materially vary from those of BioLife. During preparation of the unaudited pro forma combined financial information, management has performed a preliminary analysis and is not aware of any material differences other than those presented in the unaudited pro forma combined financial statements, and accordingly, this unaudited pro forma combined financial information assumes no material differences in accounting policies other than those presented. Following the Merger, management will conduct a final review of Global Cooling accounting policies in order to determine if differences in accounting policies require adjustment or reclassification of Global Cooling results of operations or reclassification of assets or liabilities to conform to BioLife’s accounting policies and classifications. As a result of this review, management may identify differences that, when conformed, could have a material impact on these unaudited pro forma combined financial statements.

 

 

 

 

Unaudited Pro Forma Condensed Combined Balance Sheet

As of March 31, 2021

 

(In thousands)

 

Historical

BioLife

   

Historical Global Cooling

   

Global Cooling

Pro Forma

Transaction Accounting Adjustments

     

Pro Forma

Combined

 

Assets

                                 

Current assets

                                 

Cash and cash equivalents

  $ 89,012     $ 46     $ -       $ 89,058  

Restricted cash

    53       -       -         53  

Accounts receivable, trade, net

    10,669       7,595       (615 )

5(a)

    17,649  

Inventories

    11,666       13,148       1,000  

5(b)

    25,814  

Prepaid expenses and other current assets

    5,143       546       (2,598 )

5(c), 5(d)

    3,091  

Total current assets

    116,543       21,335       (2,213 )       135,665  
                                   

Assets held for rent, net

    6,503       -       -         6,503  

Property and equipment, net

    11,231       3,591       (571 )

5(e)

    14,251  

Operating lease right-of-use assets, net

    10,524       -       1,789  

5(f)

    12,313  

Financing lease right-of-use assets, net

    430       -       117  

5(f)

    547  

Long-term deposits and other assets

    356       7       -         363  

Investments

    5,872       -       -         5,872  

Intangible assets, net

    30,116       -       120,590  

5(g)

    150,706  

Goodwill

    58,449       -       135,785  

5(h)

    194,234  

Total assets

  $ 240,024     $ 24,933     $ 255,497       $ 520,454  
                                   

Liabilities and Shareholders Equity

                                 

Current liabilities

                                 

Accounts payable

  $ 4,276     $ 10,005     $ (615 )

5(a)

  $ 13,666  

Accrued expenses and other current liabilities

    8,146       7,210       (2,052 )

5(c), 5(f), 5(i)

    13,304  

Line of credit

    -       3,428       -         3,428  

Lease liabilities, operating, current portion

    1,455       -       208  

5(f)

    1,663  

Lease liabilities, financing, current portion

    114       -       29  

5(f)

    143  

Term loan, current portion

    -       263       -         263  

Contingent consideration, current portion

    2,390       -       -         2,390  

Total current liabilities

    16,381       20,906       (2,430 )       34,857  
                                   

Contingent consideration, long-term

    4,271       -       -         4,271  

Lease liabilities, operating, long-term

    9,299       -       1,686  

5(f)

    10,985  

Lease liabilities, financing, long-term

    316       -       88  

5(f)

    404  

Term loan, long-term

    -       4,129       -         4,129  

Convertible promissory notes payable

    -       1,500       (1,500 )

5(j)

    -  

Deferred tax liability

    -       -       15,028  

5(k)

    15,028  

Other long-term liabilities

    980       209       (224 )

5(f)

    965  

Total liabilities

    31,247       26,744       12,648         70,639  
                                   

Preferred stock

    -       3,322       (3,322 )

5(l)

    -  

Common stock

    34       3       3  

5(l), 5(m)

    40  

Additional paid-in capital

    307,246       22,434       210,301  

5(l), 5(n)

    539,981  

Accumulated other comprehensive income

    -       (117 )     117  

5(l)

    -  

Accumulated deficit

    (98,503 )     (27,687 )     35,984  

5(i), 5(k), 5(l)

    (90,206 )

Non-controlling interest

    -       234       (234 )

5(l)

    -  

Total shareholders’ equity

    208,777       (1,811 )     242,849         449,815  

Total liabilities and shareholders’ equity

  $ 240,024     $ 24,933     $ 255,497       $ 520,454  

 

 

 

Unaudited Pro Forma Condensed Combined Statement of Operations

For the Three Months Ended March 31, 2021

 

   

Historical BioLife

 

Historical Global Cooling

 

Global Cooling Pro Forma Transaction Accounting Adjustments

 

Pro Forma Combined

(In thousands, except per share and share data)

                       

Product revenue

 

$

 13,776

 

$

 18,463

 

$

 (361)

5(a)

$

 31,878

Rental revenue

   

 2,204

   

 -

   

 -

   

 2,204

Service revenue

   

 867

   

 -

   

 -

   

 867

Total product and rental revenue

   

 16,847

   

 18,463

   

 (361)

   

 34,949

Costs and operating expenses:

                       

Cost of product revenue (exclusive of intangible assets amortization)

   

 5,622

   

 13,624

   

 (367)

5(a), 5(e)

 

 18,879

Cost of rental revenue (exclusive of intangible assets amortization)

   

 1,353

   

 -

   

 -

   

 1,353

Cost of service revenue (exclusive of intangible assets amortization)

   

 575

   

 -

   

 -

   

 575

Research and development

   

 1,987

   

 568

   

 -

   

 2,555

Sales and marketing

   

 2,021

   

 1,346

   

 4

5(f)

 

 3,371

General and administrative

   

 4,830

   

 2,404

   

 166

5(f), 5(o)

 

 7,400

Intangible asset amortization

   

 933

   

 -

   

 1,426

5(g)

 

 2,359

Acquisition costs

   

 998

   

 -

   

 -

   

 998

Change in fair value of contingent consideration

   

 (491)

   

 -

   

 -

   

 (491)

Total operating expenses

   

 17,828

   

 17,942

   

 1,229

   

 36,999

Operating income (loss)

   

 (981)

   

 521

   

 (1,590)

   

 (2,050)

                         

Other income (expense)

                       

Change in fair value of warrant liability

   

 (121)

   

 -

   

 -

   

 (121)

Interest expense, net

   

 (16)

   

 (270)

   

 30

5(j)

 

 (256)

Other income (expense)

   

 -

   

 (1)

   

 -

   

 (1)

Total other income (expense)

   

 (137)

   

 (271)

   

 30

   

 (378)

                         

Net loss before provision for income taxes

   

 (1,118)

   

 250

   

 (1,560)

   

 (2,428)

Income tax benefit (expense)

   

 -

   

 -

   

 364

5(p)

 

 364

Net income (loss)

 

$

 (1,118)

 

$

 250

 

$

 (1,196)

 

$

 (2,064)

                         

Net income (loss) attributable to stockholders

                       

Basic

   

 (1,118)

   

 250

   

 (1,196)

   

 (2,064)

Diluted

   

 (1,118)

               

 (2,064)

Earnings (loss) per share attributable to common stockholders:

                       

Basic

 

$

 (0.03)

             

$

 (0.05)

Diluted

 

$

 (0.03)

             

$

 (0.05)

Weighted average shares used to compute earnings (loss) per share attributable to common stockholders:

                       

Basic and Diluted

   

 33,236,818

         

 6,647,697

5(q)

 

 39,884,515

                         

 

 

 

 

Unaudited Pro Forma Condensed Combined Statement of Operations

For the Fiscal Year Ended December 31, 2020

 

   

Historical BioLife

 

Historical September 30, 2020 SciSafe

 

SciSafe Pro Forma Transaction Accounting Adjustments

 

Pro Forma Adjusted for SciSafe

 

Historical Global Cooling

 

Global Cooling Pro Forma Transaction Accounting Adjustments

 

Pro Forma Combined

(In thousands, except per share and share data)

                                         

Product revenue

 

$

 44,540

 

$

 -

 

$

 -

 

$

 44,540

 

$

 39,282

 

$

 (874)

5(a)

$

 82,948

Rental revenue

   

 1,795

   

 -

   

 -

   

 1,795

   

 -

   

 -

   

 1,795

Service revenue

   

 1,752

   

 4,526

   

 -

   

 6,278

   

 -

   

 -

   

 6,278

Total product and rental revenue

   

 48,087

   

 4,526

   

 -

   

 52,613

   

 39,282

   

 (874)

   

 91,021

Costs and operating expenses:

                                         

Cost of product revenue (exclusive of intangible assets amortization)

   

 18,058

   

 -

   

 -

   

 18,058

   

 27,050

   

 72

5(a), 5(b), 5(e)

 

 45,180

Cost of rental revenue (exclusive of intangible assets amortization)

   

 1,367

   

 -

   

 -

   

 1,367

   

 -

   

 -

   

 1,367

Cost of service revenue (exclusive of intangible assets amortization)

   

 1,221

   

 3,127

   

 170

6(a), 6(b)

 

 4,518

   

 -

   

 -

   

 4,518

Research and development

   

 6,720

   

 -

   

 -

   

 6,720

   

 2,612

   

 (2)

5(e)

 

 9,330

Sales and marketing

   

 6,413

   

 153

   

 11

6(b)

 

 6,577

   

 4,105

   

 18

5(e), 5(f)

 

 10,700

General and administrative

   

 14,607

   

 867

   

 1,214

6(b), 6(c)

 

 16,688

   

 7,988

   

 648

5(e), 5(f), 5(o)

 

 25,324

Intangible asset amortization

   

 3,033

   

 -

   

 789

6(d)

 

 3,822

   

 -

   

 5,703

5(g)

 

 9,525

Acquisition costs

   

 668

   

 -

   

 -

   

 668

   

 -

   

 201

5(i)

 

 869

Change in fair value of contingent consideration

   

 1,575

   

 -

   

 -

   

 1,575

   

 -

   

 -

   

 1,575

Litigation settlement

   

 -

   

 -

   

 -

   

 -

   

 4,000

   

 -

   

 4,000

Total operating expenses

   

 53,662

   

 4,147

   

 2,184

   

 59,993

   

 45,755

   

 6,639

   

 112,387

Operating loss

   

 (5,575)

   

 379

   

 (2,184)

   

 (7,380)

   

 (6,473)

   

 (7,513)

   

 (21,366)

                                           

Other income (expense)

                                         

Change in fair value of warrant liability

   

 3,601

   

 -

   

 -

   

 3,601

   

 -

   

 -

   

 3,601

Change in fair value of investments

   

 1,319

   

 -

   

 -

   

 1,319

   

 -

   

 -

   

 1,319

Interest income (expense), net

   

 58

   

 (49)

   

 49

6(e)

 

 58

   

 (598)

   

 55

5(j)

 

 (485)

Other income (expense)

   

 -

   

 -

   

 -

   

 -

   

 2,126

   

 -

   

 2,126

Total other income (expense)

   

 4,978

   

 (49)

   

 49

   

 4,978

   

 1,528

   

 55

   

 6,561

                                           

Net loss before provision for income taxes

   

 (597)

   

 330

   

 (2,135)

   

 (2,402)

   

 (4,945)

   

 (7,458)

   

 (14,805)

Income tax benefit (expense)

   

 3,264

   

 (95)

   

 498

6(f)

 

 3,667

   

 -

   

 10,238

5(k), 5(p)

 

 13,905

Net income (loss)

 

$

 2,667

 

$

 235

 

$

 (1,637)

 

$

 1,265

 

$

 (4,945)

 

$

 2,780

 

$

 (900)

                                           

Net income (loss) attributable to stockholders

                                         

Basic

   

 2,450

   

 235

   

 (1,637)

   

 1,265

   

 (4,945)

   

 2,780

   

 (900)

Diluted

   

 (954)

                                 

 (900)

Earnings (loss) per share attributable to common stockholders:

                                         

Basic

 

$

 0.09

                               

$

 (0.03)

Diluted

 

$

 (0.03)

                               

$

 (0.13)

Weighted average shares used to compute earnings (loss) per share attributable to common stockholders:

                                         

Basic and Diluted

   

 27,306,258

         

 459,598

6(g)

             

 6,647,697

5(q)

 

 34,413,553

                                           

 

 

 

Notes to Unaudited Pro Forma Condensed Combined Financial Statements 

 

 

1.

Description of the Transactions

 

GCI Merger

 

General Terms and Effects

 

On March 19, 2021, BioLife Solutions, Inc., a Delaware corporation, entered into an Agreement and Plan of Merger with BLFS Merger Subsidiarity, Inc., a Delaware corporation, Albert Vierling and William Baumel, in their capacity as the representatives of the stockholders of GCI (collectively, the “Seller Representative”) and GCI, Inc., a Delaware corporation.

 

On May 3, 2021, pursuant to the Merger Agreement, subject to the terms and conditions set forth therein, the transactions contemplated by the Merger Agreement were consummated (the “Closing”), Merger Sub merged with and into GCI (the “Merger” and, together with other transactions contemplated by the Merger Agreement, the “Transactions”), with GCI continuing as the surviving corporation in the Merger and a wholly-owned subsidiary of the Company. In the Merger, all of the issued and outstanding shares of capital stock of GCI immediately prior to the filing of the Certificate of Merger with the Secretary of State of the State of Delaware (other than those properly exercising any applicable dissenter’s rights under Delaware law) were converted into the right to receive the Merger Consideration (as defined below). The Company paid the Merger Consideration to the holders of common stock and preferred stock of GCI (collectively, the “GCI Stockholders”).

 

Merger Consideration

 

The aggregate merger consideration paid pursuant to the Merger Agreement to the GCI Stockholders was 6,646,870 newly issued shares of common stock, $0.001 par value per share (“Company Common Stock”), of the Company, which represents 19.9% of the Company Common Stock issued and outstanding immediately prior to March 19, 2021 (excluding for the avoidance of doubt any of the Company’s non-vested restricted stock awards) (the “Merger Consideration” and such shares the “Merger Consideration Shares”); provided, however, that the Merger Consideration otherwise payable to GCI Stockholders is subject to the withholding of the Escrow Shares (as defined below) and is subject to reduction for indemnification obligations. The Merger Consideration allocable to one GCI stockholder was reduced by 10,400 shares to satisfy an outstanding note receivable of $374,000. The Merger Consideration is not subject to any purchase price adjustments.

 

Escrow Shares

 

At the Closing, approximately nine percent (9%) of the Merger Consideration (the “Escrow Shares”, along with any other dividends, distributions or other income on the Escrow Shares, the “Escrow Property”) otherwise issuable to the GCI Stockholders (allocated pro rata among the GCI Stockholders based on the Merger Consideration otherwise issuable to them at the Closing), was deposited into a segregated escrow account in accordance with an escrow agreement to be entered into in connection with the Transactions (the “Escrow Agreement”).

 

The Escrow Property will be held for a period of up to twenty-four (24) months after the Closing as the sole and exclusive source of payment for any post-Closing indemnification claims (other than fraud claims), unless earlier released in accordance with the terms of the Escrow Agreement.

 

SCI Acquisition

 

On September 18, 2020, BioLife entered into a Stock Purchase Agreement, by and among the Company, SciSafe Holdings, Inc., a Delaware corporation, and the stockholders of SciSafe (collectively, the “SciSafe Sellers”) in accordance with the Stock Purchase Agreement, pursuant to which the Company agreed to purchase from the SciSafe Sellers one hundred percent (100%) of the issued and outstanding capital shares or other equity interests of SciSafe (the “Acquisition”). The Acquisition closed October 1, 2020. At the closing of the Acquisition, the Company issued to the Sellers 611,683 shares of common stock valued at $29.29 per share and a cash payment of $15 million, with $1.5 million held in escrow to account for adjustments for net working capital and as a security for, and a source of payment of, the Company’s indemnity rights. Pending the occurrence of certain events, the Company will issue to the Sellers an additional 626,000 shares of common stock, which shall be issuable to Sellers upon SciSafe achieving certain specified revenue targets in each year from 2021 to 2024. The purchase price was subject to a post-closing working capital adjustment of approximately $53,000.

 

 

 

 

2.

Basis of Presentation

 

The unaudited pro forma condensed combined financial statements and these notes present the unaudited pro forma condensed combined financial position and results of operations of BioLife (after giving effect to the Merger with GCI, the Acquisition of SCI, and adjustments described in these notes, subject to the assumptions and limitations described herein), and are intended to illustrate the impact of the Merger on BioLife.

 

The Merger will be and the Acquisition was accounted for as a business combination using the acquisition method of accounting under the provisions of Accounting Standards Codification ("ASC") 805, "Business Combinations" ("ASC 805"). Under ASC 805, generally all assets acquired and liabilities assumed are recorded at their acquisition date fair value. For pro forma purposes, the fair value of GCI's identifiable tangible and intangible assets acquired and liabilities assumed are based on a preliminary estimate of fair value as of March 31, 2021.

 

Transaction costs and restructuring costs associated with the business combination are expensed as incurred. The excess of the acquisition consideration over the fair value of assets acquired and liabilities assumed, if any, is allocated to goodwill. The accompanying unaudited pro forma condensed combined financial information was prepared in accordance with Article 11 of SEC Regulation S-X.

 

The unaudited pro forma condensed combined financial statements do not reflect any cost savings, operating synergies or the impact of restructuring actions that the combined company may achieve as a result of the Merger or Acquisition, or the costs necessary to achieve such cost savings, operating synergies or restructuring actions.

 

The unaudited pro forma condensed combined financial statements and these notes have been prepared using the acquisition method of accounting under ASC 805, based on the historical financial statements, including the related notes, of BioLife, GCI, and SCI. The unaudited pro forma condensed combined balance sheet as of March 31, 2021 reflects the Merger as if it had been completed on March 31, 2021 and combines the consolidated balance sheets of BioLife and GCI as of March 31, 2021. The unaudited pro forma statements of operations reflect the Merger and Acquisition as if they occurred on January 1, 2020. The unaudited pro forma statement of operations for the year ended December 31, 2020 combines the statement of operations of BioLife for the year ended December 31, 2020, the statement of operations of GCI for the year ended December 31, 2020, and the unaudited statement of operations of SCI for the nine months ended September 30, 2020. The unaudited pro forma statement of operations for the three months ended March 31, 2021 combines the statement of operations of BioLife for the three months ended March 31, 2021 and the statement of operations of GCI for the three months ended March 31, 2021.

 

The historical financial statements of BioLife, GCI, and SCI have been adjusted in the accompanying unaudited pro forma condensed combined financial information to give effect to pro forma events that are transaction accounting adjustments which are necessary to account for the Merger and the Acquisition, in accordance with U.S. GAAP. The unaudited pro forma adjustments are based upon available information and certain assumptions that our management believe are reasonable.

 

The unaudited pro forma condensed combined financial statements and these notes include unaudited pro forma adjustments based on preliminary valuations of assets and liabilities of GCI. These adjustments are preliminary and will be revised as additional information becomes available and additional valuation work is performed. The final purchase price allocations will be based on the fair value of the assets acquired and the liabilities assumed as of the closing of the Merger. For the purpose of measuring the estimated fair value of the assets acquired and liabilities assumed in determining the final purchase price allocations, BioLife will apply U.S. GAAP for fair value measurements. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants in the principal or most advantageous market at the measurement date. The fair value measurements will utilize estimates based on key assumptions in connection with the Merger, including historical and current market data. The final purchase price allocation will be determined after the completion of the Merger, and the final allocations may differ materially from those presented in the unaudited pro forma financial statements and these notes.

 

 

 

Included in the historical statement of operations of Global Cooling for the year ended December 31, 2020 are the following nonrecurring items for which no adjustment has been made:

 

·

Litigation settlement expense was recognized related to a mediation agreement between Global Cooling and a former supplier in the amount of $4.0 million.

·

Gain on debt extinguishments were recognized related to the Paycheck Protection Program and JobsOhio Workforce Retention Loan programs in the amount of approximately $2.1 million.

 

3.

Estimated consideration and preliminary purchase price allocation

 

GCI Merger

 

BioLife will account for the Merger as the purchase of a business under U.S. GAAP. Under the acquisition method of accounting, the assets of GCI will be recorded as of the acquisition date, at their fair values, and consolidated with BioLife. The preliminary fair value of the net tangible liabilities acquired is $21.4 million, the preliminary fair value of the identifiable intangibles is $120.6 million, and the preliminary residual goodwill is $135.8 million. The fair value estimates required critical estimates, including, but not limited to, future expected cash flows, revenue and expense projections, discount rates and revenue volatility. BioLife believes these estimates to be reasonable. Actual results may differ from these estimates.  

 

The following table summarizes the components of the estimated consideration (in thousands, except number of shares, stock price, and consideration percentage):

 

 

BioLife shares outstanding (as of March 19, 2021)

    33,401,359  

Merger consideration percentage

    19.9 %

Merger consideration shares

    6,646,870  

less: Merger consideration shares withheld to satisfy outstanding GCI stockholder obligations to GCI

    10,400  

Subtotal

    6,636,470  

BioLife stock price (as of May 3, 2021)

  $ 35.07  

Value of issued shares

  $ 232,741  

plus: Settlement of BioLife prepaid deposits

  $ 2,224  

plus: Net settlement of BioLife accounts receivable

  $ 16  

Merger Consideration

  $ 234,981  

 

 

Transaction costs related to the acquisition are expensed as incurred and are not included in the calculation of consideration transferred.

 

The table below represents the estimated preliminary purchase price allocation to the net assets acquired based on their estimated fair values, as well as the associated estimated useful lives of the acquired intangible assets (amounts in thousands). Such amounts were estimated using the financial statements from GCI as of March 31, 2021.

 

Cash

  $ 46  

Accounts receivable, net

    7,280  

Inventory

    14,148  

Prepaid expenses and other current assets

    172  

Property, plant and equipment, net

    3,020  

Operating lease right-of-use assets, net

    1,789  

Financing lease right-of-use assets, net

    117  

Long-term deposits and other assets

    7  

Developed technology

    18,190  

Customer relationships

    7,020  

Tradenames

    26,640  

Non-compete agreements

    1,240  

In-process research and development

    67,500  

Goodwill

    135,785  

Accounts payable

    (9,674

)

Line of credit

    (3,428

)

Lease liabilities, operating

    (1,894

)

Lease liabilities, financing

    (117

)

Long-term debt

    (4,392

)

Deferred tax liability

    (23,526

)

Other liabilities

    (4,942

)

Fair value of net assets acquired

  $ 234,981  

 

 

 

The fair value of GCI’s identifiable intangible assets, weighted average useful lives, and annual amortization expense have been preliminarily estimated as follows (amounts in thousands): 

 

 

Estimated Fair

Value

 

Estimated

Useful Life

(Years)

 

Amortization

Method

 

Global Cooling

Pro Forma

Amortization

Adjustment

Developed technology

$

18,190

   

6

   

Straight-line

 

$

3,032

Customer relationships

 

7,020

 

11

-

12

 

Straight-line

   

585

Tradenames

 

26,640

   

15

   

Straight-line

   

1,776

Non-compete agreements

 

1,240

   

4

   

Straight-line

   

310

In-process research and development

 

67,500

   

N/A

   

Not applicable

   

N/A

Total

$

120,590

             

$

5,703

 

 

These preliminary estimates of fair value and estimated useful lives will likely differ from final amounts the Company will calculate after completing a detailed valuation analysis, and the difference could have a material effect on the accompanying unaudited pro forma condensed combined financial statements. A 10% change in the valuation of intangible assets would cause a corresponding increase or decrease in the balance of goodwill of approximately $12.1 million and annual amortization expense of approximately $570,000, assuming an overall weighted average useful life of 11.3 years.

 

Fair value measurement methodologies used to calculate the value of any asset can be broadly classified into one of three approaches, referred to as the cost, market and income approaches. In any fair value measurement analysis, all three approaches must be considered, and the approach or approaches deemed most relevant will then be selected for use in the fair value measurement of that asset. The estimated fair values of developed technology and in-process research and development were estimated using a multi-period excess earnings approach. The estimated fair values of customer relationships were estimated using the “distributor method”. The estimated fair value of the tradenames is based on the relief from royalty method, which estimates the value of the trade names based on the hypothetical royalty payments that are saved by owning the asset. The estimated fair values of non-compete agreements were estimated using a “with and without” approach, comparing projected cash flows under scenarios assuming the non-compete agreements were and were not in place. The fair value of inventory and property, plant and equipment were determined using the “market approach”.

 

Some of the more significant assumptions inherent in the development of intangible asset fair values, from the perspective of a market participant, include, but are not limited to (i) the amount and timing of projected future cash flows (including revenue and expenses), (ii) the discount rate selected to measure the risks inherent in the future cash flows, (iii) the assessment of the asset’s life cycle, and (iv) the competitive trends impacting the asset.

 

These preliminary estimates of fair value and estimated useful lives may be different from the amounts included in the final acquisition accounting, and the difference could have a material impact on the accompanying unaudited pro forma condensed combined financial statements. 

 

4.

Reclassifications

 

 

Certain reclassifications were directly applied to the pre-acquisition historical financial statements of Global Cooling to conform to the financial statement presentation of BioLife. No reclassifications were made to the pre-acquisition historical financial statements of SciSafe.

 

 

 

Reclassifications in the Unaudited Pro Forma Condensed Combined Balance Sheet as of March 31, 2021 are as follows:

 

(In thousands)

 

Global Cooling

Before

Reclassification

   

Reclassifications

     

Global Cooling

After

Reclassification

 

Assets

                         

Current assets

                         

Cash and cash equivalents

  $ 46     $ -       $ 46  

Accounts receivable, trade, net

    7,540       55  

(a)

    7,595  

Receivables, other

    55       (55 )

(a)

    -  

Inventories

    13,148       -         13,148  

Prepaid expenses and other current assets

    -       546  

(b)

    546  

Prepaid expenses

    172       (172 )

(b)

    -  

Notes receivable, related party

    374       (374 )

(b)

    -  

Total current assets

    21,335       -         21,335  
                           

Assets held for rent, net

                         

Property and equipment, net

    3,591       -         3,591  

Long-term deposits and other assets

    -       7  

(c)

    7  

Deposits

    4       (4 )

(c)

    -  

Other assets

    3       (3 )

(c)

    -  

Total assets

    24,933       -         24,933  
                           

Liabilities and Shareholders Equity

                         

Current liabilities

                         

Accounts payable

    10,005       -         10,005  

Accrued expenses and other current liabilities

    -       7,210  

(d)

    7,210  

Customer advances

    2,647       (2,647 )

(d)

    -  

Accrued compensation

    1,232       (1,232 )

(d)

    -  

Other accrued expenses

    3,302       (3,302 )

(d)

    -  

Capital lease obligations, current portion

    29       (29 )

(d)

    -  

Line of credit

    3,428       -         3,428  

Term loan, current portion

    263       -         263  

Total current liabilities

    20,906       -         20,906  
                           

Deferred rent, long-term

    121       (121 )

(e)

    -  

Capital lease obligations, long-term

    88       (88 )

(e)

    -  

Term loan, long-term

    4,129       -         4,129  

Convertible promissory notes payable

    1,500       -         1,500  

Other long-term liabilities

    -       209  

(e)

    209  

Total liabilities

    26,744       -         26,744  
                           

Preferred stock

    3,322       -         3,322  

Common stock

    3       -         3  

Additional paid-in capital

    22,434       -         22,434  

Accumulated other comprehensive income

    (117 )     -         (117 )

Accumulated deficit

    (27,687 )     -         (27,687 )

Non-controlling interest

    234       -         234  

Total shareholders’ equity

    (1,811 )     -         (1,811 )

Total liabilities and shareholders’ equity

  $ 24,933     $ -       $ 24,933  

 


(a)

Reflects the reclassification of balances in “Receivables, other” to “Accounts receivable, trade, net”.

 

 

 

(b)

Reflects the reclassification of balances in “Prepaid expenses” and “Notes receivable, related party” to “Prepaid expenses and other current assets”.

(c)

Reflects the reclassification of balances in “Deposits” and “Other assets” to “Long-term deposits and other assets”.

(d)

Reflects the reclassification of balances in “Customer advances”, “Accrued compensation”, “Other accrued expenses”, and “Capital lease obligations, current portion” to “Accrued expenses and other current liabilities”.

(e)

Reflects the reclassification of balances in “Deferred rent, long-term” and “Capital lease obligations, long-term” to “Other long-term liabilities”.

 

Reclassifications in the Unaudited Pro Forma Condensed Combined Statement of Operations for the three months ended March 31, 2021 are as follows:

 

 

   

Historical

Global Cooling

   

Reclassifications

     

Global Cooling

After

Reclassification

 

(In thousands, except per share and share data)

                         

Product revenue

  $ -     $ 18,463  

(a)

  $ 18,463  

Sales, net of discounts and allowances

    18,463       (18,463 )

(a)

    -  

Total product and rental revenue

    18,463       -         18,463  

Costs and operating expenses:

                         

Cost of product revenue (exclusive of intangible assets amortization)

    -       13,624  

(b)

    13,624  

Cost of sales

    13,624       (13,624 )

(b)

    -  

Research and development

    -       568  

(c)

    568  

Sales and marketing

    -       1,346  

(c)

    1,346  

General and administrative

    4,318       (1,914 )

(c)

    2,404  
                           

Total operating expenses

    17,942       -         17,942  

Operating income

    521       -         521  
                           

Other income (expense)

                         

Other expense

    (1 )     1  

(d)

    -  

Interest expense

    (275 )     275  

(e)

    -  

Interest income

    5       (5 )

(e)

    -  

Interest income (expense), net

    -       (270 )

(e)

    (270 )

Other income (expense)

    -       (1 )

(d)

    (1 )

Total other income (expense)

    (271 )     -         (271 )
                           

Net income before provision for income taxes

    250       -         250  

Income tax benefit (expense)

    -       -         -  

Net income

  $ 250     $ -       $ 250  

 


(a)

Reflects the reclassification of amounts in “Sales, net of discounts and allowances” to “Product revenue”.

(b)

Reflects the reclassification of amounts in “Cost of sales” to “Cost of product revenue”.

(c)

Reflects the reclassification of amounts in “General and administrative” to “Research and development” and “Sales and marketing”.

(d)

Reflects the reclassification of amounts in “Other expense” to “Other income (expense)”.

(e)

Reflects the reclassification of amounts in “Interest expense” and “Interest income” to “Interest income (expense), net”.

 

 

 

Reclassifications in the Unaudited Pro Forma Condensed Combined Statement of Operations for the year ended December 31, 2020 are as follows:

 

   

Historical

Global Cooling

   

Reclassifications

     

Global Cooling

After

Reclassification

 

(In thousands, except per share and share data)

                         

Product revenue

  $ -     $ 39,282  

(a)

  $ 39,282  

Sales, net of discounts and allowances

    39,282       (39,282 )

(a)

    -  

Total product and rental revenue

    39,282       -         39,282  

Costs and operating expenses:

                         

Cost of product revenue (exclusive of intangible assets amortization)

    -       27,050  

(b)

    27,050  

Cost of sales

    27,050       (27,050 )

(b)

    -  

Research and development

    -       2,612  

(c)

    2,612  

Sales and marketing

    -       4,105  

(c)

    4,105  

General and administrative

    14,705       (6,717 )

(c)

    7,988  

Litigation settlement

    4,000       -         4,000  

Total operating expenses

    45,755       -         45,755  

Operating loss

    (6,473 )     -         (6,473 )
                           

Other income (expense)

                         

Debt forgiveness

    2,085       (2,085 )

(d)

    -  

Ohio bureau of workers compensation dividends

    40       (40 )

(d)

    -  

Other income

    15       (15 )

(d)

    -  

Other expense

    (14 )     14  

(d)

    -  

Interest expense

    (598 )     598  

(e)

    -  

Interest income (expense), net

    -       (598 )

(e)

    (598 )

Other income (expense)

    -       2,126  

(d)

    2,126  

Total other income (expense)

    1,528       -         1,528  
                           

Net loss before provision for income taxes

    (4,945 )     -         (4,945 )

Income tax benefit (expense)

    -       -         -  

Net loss

  $ (4,945 )   $ -       $ (4,945 )

 


(a)

Reflects the reclassification of amounts in “Sales, net of discounts and allowances” to “Product revenue”.

(b)

Reflects the reclassification of amounts in “Cost of sales” to “Cost of product revenue”.

(c)

Reflects the reclassification of amounts in “General and administrative” to “Research and development” and “Sales and marketing”.

(d)

Reflects the reclassification of amounts in “Debt forgiveness”, “Ohio bureau of workers compensation dividends”, “Other income”, and “Other expense” to “Other income (expense)”.

(e)

Reflects the reclassification of amounts in “Interest expense” to “Interest income (expense), net”.

 

 

 

5.

Pro Forma Adjustments (GCI Merger)

 

This note should be read in conjunction with Notes 1 and 2. Adjustments included in the Global Cooling pro forma transaction accounting adjustments column of the unaudited pro forma condensed combined statements of operations and the unaudited pro forma condensed combined balance sheet include the following: 

 

(a)

Reflects approximately $874,000 and $361,000 of sale and purchase transactions that occurred between BioLife and its subsidiaries and GCI during the year ended December 31, 2020 and the three months ended March 31, 2021, respectively, and related Accounts Receivable and Accounts Payable balances of $615,000 as of March 31, 2021.

 

 

 

(b)

Reflects the estimated step-up of GCI inventory by $1.0 million from carrying value. The fair value calculation is preliminary and subject to change. The step-up in inventory will increase cost of sales as inventory is sold. The increase is reflected in the unaudited pro forma condensed combined statements of operation, as all inventory is anticipated to be sold within one year of the acquisition date.

(c)

Reflects cash deposits of approximately $2.2 million paid by BioLife in 2020 to GCI for freezer purchases. These deposits were recorded in deferred revenue on GCI’s balance sheet as of March 31, 2021. Under ASC 805, these deposits will be treated as effectively settled as a result of the transaction and are included in the Merger Consideration.

(d)

Reflects related party notes receivable of $374,000 that was settled in the close of the transaction.

(e)

Reflects the amount by which the estimated fair market value of GCI’s fixed assets fell below their net historical cost basis by $571,000 and related adjustments to depreciation of approximately $53,000 and $6,000 for the year ended December 31, 2020 and the three months ended March 31, 2021, respectively. The fair value calculation is preliminary and subject to change and will be depreciated over the remaining useful life of the assets.

(f)

Reflects estimated operating lease assets and liabilities of approximately $1.8 million and $1.9 million, respectively, and finance lease assets and liabilities of approximately $117,000 to be recorded under ASC 842 and related differences in lease expense of $22,000 for the year ended December 31, 2020 and $11,000 for the three months ended March 31, 2021 between ASC 840 and ASC 842.

(g)

Reflects the preliminary fair value estimate of identifiable intangible assets to be acquired by BioLife of approximately $120.6 million and estimated amortization expense of $1.4 million for the three months ended March 31, 2021. The fair value calculation is preliminary and subject to change. The identifiable intangible assets include developed technology, customer relationships, trade names, non-compete agreements, and in-process research and development (“IPR&D”). The fair values of the developed technology, customer relationships, trade names, and non-compete agreements were determined primarily using the “income approach,” which requires a forecast of all the expected future cash flows. IPR&D is accounted for as an indefinite-lived intangible asset until completion or abandonment of the related project. Therefore, no pro forma adjustment has been made to the historical amortization expense for IPR&D in the unaudited pro forma combined statements of operations. The IPR&D intangible assets are subject to testing for impairment annually and upon other triggering events.

(h)

Reflects the adjustments to record goodwill related to the transaction.

(i)

Reflects $201,000 of transaction costs that are anticipated to be incurred related to the Merger that were neither accrued nor paid through March 31, 2021.

(j)

Reflects convertible promissory notes payable by GCI in the amount of $1.5 million that were converted to GCI common stock prior to the closing of the transaction and related interest expense of $55,000 and $30,000 incurred during the year ended December 31, 2020 and the three months ended March 31, 2021, respectively.

(k)

Reflects the estimated tax impacts of the Merger to net deferred tax liabilities and the related income tax expense from acquired intangibles. At March 31, 2021, BioLife had $8.5 million in deferred tax assets that were fully reduced by a valuation allowance. The Company estimates that approximately $23.5 million of deferred tax liabilities will be recognized on acquired intangible assets. The valuation allowance is anticipated to be released in full, which will result in $8.5 million of income tax benefit. These estimates are preliminary and are subject to change. Actual results may differ materially from these estimates.

(l)

Reflects the elimination of historical equity of GCI.

 

 

(In thousands)

 

March 31, 2021

 

Elimination of Global Cooling preferred stock

  $ (3,322 )

Elimination of Global Cooling common stock

    (3 )

Elimination of Global Cooling additional paid-in capital

    (22,434 )

Elimination of Global Cooling accumulated other comprehensive income

    117  

Elimination of Global Cooling historical accumulated deficit

    27,687  

Elimination of Global Cooling non-controlling interest

    (234 )

Total adjustment to Global Cooling historical equity

  $ 1,811  

 

 

(m)

Reflects the par value of the common stock to be issued to GCI shareholders as consideration for the transaction (in thousands except share, exchange ratio, and par value).

 

 

 

Global outstanding common stock, including estimated shares to be issued in connection with Global stock options to be exercisable under the assumption of a cashless conversion into Global common stock

    364,991  

Number of shares to be issued in connection with Global preferred Series A stock conversion into Global common stock

    96,013  

Number of shares to be issued in connection with Global preferred Series B stock conversion into Global common stock

    82,365  

Number of shares to be issued in connection with convertible notes stock conversion into Global common stock

    16,479  

Total Global common stock prior to exchange

    559,848  

x: exchange ratio

    11.85  

Total number of shares held by Global stockholders post Merger

    6,636,470  

Total number of shares held by BioLife stockholders post Merger

    33,729,573  

Total number of outstanding common stock of combined company

    40,366,043  

BioLife common stock par value

  $ 0.001  

Par value of combined company outstanding common stock

  $ 40  

Less: par value of BioLife stock

  $ 34  

Pro forma adjustment

  $ 6  

 

(n)

Reflects the fair value of the stock to be issued as Merger Consideration less it’s par value.

(o)

Reflects compensation adjustments of approximately $641,000 and $160,000 for the year ended December 31, 2020 and three months ended March 31, 2021, respectively, related to one key executive retained from GCI.

(p)

Reflects the income tax effect of unaudited pro forma adjustments at a statutory rate of 23.3% of approximately $1.7 million and $364,000 in the year ended December 31, 2020 and three months ended March 31, 2021, respectively.

(q)

Reflects the number of shares anticipated to be issued as Merger Consideration as adjusted for 10,400 shares to be withheld from issuance in order to satisfy outstanding notes receivable from one GCI stockholder and 11,227 shares that are expected to vest within the first year subsequent to the Merger related to stock compensation to one key executive retained from GCI.

 

 

6.

Pro Forma Adjustments (SCI Acquisition)

 

This note should be read in conjunction with Notes 1 and 2. Adjustments included in the SciSafe pro forma transaction accounting adjustments column of the unaudited pro forma condensed combined statement of operations include the following: 

 

(a)

Represents the estimated annual depreciation impact of adjusting SciSafe’s fixed assets to fair market value by $405,000 from historical cost basis.

(b)

Represents stock award expense for the stock compensation paid in the transaction and stock awards to SciSafe management and employees.

(c)

Represents salary increase of $150,000 for the twelve months ended December 31, 2020 related to one key executive retained from SciSafe.

(d)

Reflects the annual amortization impact of identifiable intangible assets acquired by BioLife of approximately $12.1 million. The identifiable intangible assets include non-compete agreements, customer relationships, and trade names.

(e)

Reflects interest expense incurred prior to the acquisition between January 1, 2020 and September 30, 2020 on amounts owed to related parties that were settled in the transaction.

(f)

Reflects the income tax impact of the unaudited pro forma adjustments at a statutory rate of 23.3%.

(g)

Reflects the number of additional weighted-average shares that would have been outstanding in the year ended December 31, 2020 had the SciSafe transaction occurred on January 1, 2020.

 

 
EX-101.SCH 6 blfs-20210503.xsd XBRL TAXONOMY EXTENSION SCHEMA 000 - Document - Document And Entity Information link:calculationLink link:definitionLink link:presentationLink EX-101.DEF 7 blfs-20210503_def.xml XBRL TAXONOMY EXTENSION DEFINITION LINKBASE EX-101.LAB 8 blfs-20210503_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE Entity [Domain] Legal Entity [Axis] Document Information [Line Items] Document Information [Table] Document, Type Document, Period End Date Entity, Registrant Name Entity, Incorporation, State or Country Code Entity, File Number Entity, Tax Identification Number Entity, Address, Address Line One Entity, Address, City or Town Entity, Address, State or Province Entity, Address, Postal Zip Code City Area Code Local Phone Number Written Communications Soliciting Material Pre-commencement Tender Offer Pre-commencement Issuer Tender Offer Entity, Emerging Growth Company Title of 12(b) Security Trading Symbol Security Exchange Name Amendment Description Amendment Flag Entity, Central Index Key EX-101.PRE 9 blfs-20210503_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE XML 10 bioli20210702_8ka_htm.xml IDEA: XBRL DOCUMENT 0000834365 2021-05-03 2021-05-03 Form 8-K/A date of report 05-03-21 true 0000834365 8-K/A 2021-05-03 BIOLIFE SOLUTIONS, INC. DE 001-36362 94-3076866 3303 Monte Villa Parkway Bothell WA 98021 425 402-1400 false false false false false Common Stock BLFS NASDAQ XML 11 R1.htm IDEA: XBRL DOCUMENT v3.21.2
Document And Entity Information
May 03, 2021
Document Information [Line Items]  
Entity, Registrant Name BIOLIFE SOLUTIONS, INC.
Document, Type 8-K/A
Document, Period End Date May 03, 2021
Entity, Incorporation, State or Country Code DE
Entity, File Number 001-36362
Entity, Tax Identification Number 94-3076866
Entity, Address, Address Line One 3303 Monte Villa Parkway
Entity, Address, City or Town Bothell
Entity, Address, State or Province WA
Entity, Address, Postal Zip Code 98021
City Area Code 425
Local Phone Number 402-1400
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Entity, Emerging Growth Company false
Title of 12(b) Security Common Stock
Trading Symbol BLFS
Security Exchange Name NASDAQ
Amendment Description Form 8-K/A date of report 05-03-21
Amendment Flag true
Entity, Central Index Key 0000834365
EXCEL 12 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx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end XML 13 Show.js IDEA: XBRL DOCUMENT // Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission. Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105. var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0); e.removeAttribute('id');a.parentNode.appendChild(e)}} if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'} e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}} XML 14 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; white-space: normal; /* word-wrap: break-word; */ } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 15 FilingSummary.xml IDEA: XBRL DOCUMENT 3.21.2 html 1 96 1 false 0 0 false 0 false false R1.htm 000 - Document - Document And Entity Information Sheet http://www.blfs.com/20210503/role/statement-document-and-entity-information Document And Entity Information Cover 1 false false All Reports Book All Reports bioli20210702_8ka.htm blfs-20210503.xsd blfs-20210503_def.xml blfs-20210503_lab.xml blfs-20210503_pre.xml ex_261760.htm ex_261761.htm ex_261762.htm ex_261763.htm http://xbrl.sec.gov/dei/2020-01-31 true false JSON 17 MetaLinks.json IDEA: XBRL DOCUMENT { "instance": { "bioli20210702_8ka.htm": { "axisCustom": 0, "axisStandard": 0, "contextCount": 1, "dts": { "definitionLink": { "local": [ "blfs-20210503_def.xml" ] }, "inline": { "local": [ "bioli20210702_8ka.htm" ] }, "labelLink": { "local": [ "blfs-20210503_lab.xml" ], "remote": [ "https://xbrl.sec.gov/dei/2020/dei-doc-2020-01-31.xml" ] }, "presentationLink": { "local": [ "blfs-20210503_pre.xml" ] }, "referenceLink": { "remote": [ "https://xbrl.sec.gov/dei/2020/dei-ref-2020-01-31.xml" ] }, "schema": { "local": [ "blfs-20210503.xsd" ], "remote": [ "http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd", "http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd", "http://www.xbrl.org/2003/xl-2003-12-31.xsd", "http://www.xbrl.org/2003/xlink-2003-12-31.xsd", "http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd", "http://www.xbrl.org/dtr/type/nonNumeric-2009-12-16.xsd", "https://xbrl.sec.gov/stpr/2018/stpr-2018-01-31.xsd", "http://www.xbrl.org/dtr/type/numeric-2009-12-16.xsd", "http://www.xbrl.org/2005/xbrldt-2005.xsd", "https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd", "https://xbrl.sec.gov/country/2020/country-2020-01-31.xsd", "https://xbrl.sec.gov/sic/2020/sic-2020-01-31.xsd", "https://xbrl.sec.gov/currency/2020/currency-2020-01-31.xsd", "https://xbrl.sec.gov/exch/2020/exch-2020-01-31.xsd", "http://www.xbrl.org/lrr/role/net-2009-12-16.xsd", "http://www.xbrl.org/2006/ref-2006-02-27.xsd", "http://www.xbrl.org/lrr/role/deprecated-2009-12-16.xsd" ] } }, "elementCount": 27, "entityCount": 1, "hidden": { "http://xbrl.sec.gov/dei/2020-01-31": 3, "total": 3 }, "keyCustom": 0, "keyStandard": 96, "memberCustom": 0, "memberStandard": 0, "nsprefix": "blfs", "nsuri": "http://www.blfs.com/20210503", "report": { "R1": { "firstAnchor": { "ancestors": [ "div", "body", "html" ], "baseRef": "bioli20210702_8ka.htm", "contextRef": "d20218KA", "decimals": null, "first": true, "lang": "en-US", "name": "dei:EntityRegistrantName", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "document", "isDefault": "true", "longName": "000 - Document - Document And Entity Information", "role": "http://www.blfs.com/20210503/role/statement-document-and-entity-information", "shortName": "Document And Entity Information", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "div", "body", "html" ], "baseRef": "bioli20210702_8ka.htm", "contextRef": "d20218KA", "decimals": null, "first": true, "lang": "en-US", "name": "dei:EntityRegistrantName", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } } }, "segmentCount": 0, "tag": { "dei_AmendmentDescription": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Description of changes contained within amended document.", "label": "Amendment Description" } } }, "localname": "AmendmentDescription", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.blfs.com/20210503/role/statement-document-and-entity-information" ], "xbrltype": "stringItemType" }, "dei_AmendmentFlag": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.", "label": "Amendment Flag" } } }, "localname": "AmendmentFlag", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.blfs.com/20210503/role/statement-document-and-entity-information" ], "xbrltype": "booleanItemType" }, "dei_CityAreaCode": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Area code of city", "label": "City Area Code" } } }, "localname": "CityAreaCode", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.blfs.com/20210503/role/statement-document-and-entity-information" ], "xbrltype": "normalizedStringItemType" }, "dei_DocumentInformationLineItems": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Document Information [Line Items]" } } }, "localname": "DocumentInformationLineItems", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.blfs.com/20210503/role/statement-document-and-entity-information" ], "xbrltype": "stringItemType" }, "dei_DocumentInformationTable": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Container to support the formal attachment of each official or unofficial, public or private document as part of a submission package.", "label": "Document Information [Table]" } } }, "localname": "DocumentInformationTable", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "xbrltype": "stringItemType" }, "dei_DocumentPeriodEndDate": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented. If there is no historical data in the report, use the filing date. The format of the date is YYYY-MM-DD.", "label": "Document, Period End Date" } } }, "localname": "DocumentPeriodEndDate", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.blfs.com/20210503/role/statement-document-and-entity-information" ], "xbrltype": "dateItemType" }, "dei_DocumentType": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.", "label": "Document, Type" } } }, "localname": "DocumentType", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.blfs.com/20210503/role/statement-document-and-entity-information" ], "xbrltype": "submissionTypeItemType" }, "dei_EntityAddressAddressLine1": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Address Line 1 such as Attn, Building Name, Street Name", "label": "Entity, Address, Address Line One" } } }, "localname": "EntityAddressAddressLine1", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.blfs.com/20210503/role/statement-document-and-entity-information" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressCityOrTown": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Name of the City or Town", "label": "Entity, Address, City or Town" } } }, "localname": "EntityAddressCityOrTown", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.blfs.com/20210503/role/statement-document-and-entity-information" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressPostalZipCode": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Code for the postal or zip code", "label": "Entity, Address, Postal Zip Code" } } }, "localname": "EntityAddressPostalZipCode", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.blfs.com/20210503/role/statement-document-and-entity-information" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressStateOrProvince": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Name of the state or province.", "label": "Entity, Address, State or Province" } } }, "localname": "EntityAddressStateOrProvince", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.blfs.com/20210503/role/statement-document-and-entity-information" ], "xbrltype": "stateOrProvinceItemType" }, "dei_EntityCentralIndexKey": { "auth_ref": [ "r5" ], "lang": { "en-us": { "role": { "documentation": "A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.", "label": "Entity, Central Index Key" } } }, "localname": "EntityCentralIndexKey", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.blfs.com/20210503/role/statement-document-and-entity-information" ], "xbrltype": "centralIndexKeyItemType" }, "dei_EntityDomain": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "All the names of the entities being reported upon in a document. Any legal structure used to conduct activities or to hold assets. Some examples of such structures are corporations, partnerships, limited liability companies, grantor trusts, and other trusts. This item does not include business and geographical segments which are included in the geographical or business segments domains.", "label": "Entity [Domain]" } } }, "localname": "EntityDomain", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.blfs.com/20210503/role/statement-document-and-entity-information" ], "xbrltype": "domainItemType" }, "dei_EntityEmergingGrowthCompany": { "auth_ref": [ "r5" ], "lang": { "en-us": { "role": { "documentation": "Indicate if registrant meets the emerging growth company criteria.", "label": "Entity, Emerging Growth Company" } } }, "localname": "EntityEmergingGrowthCompany", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.blfs.com/20210503/role/statement-document-and-entity-information" ], "xbrltype": "booleanItemType" }, "dei_EntityFileNumber": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.", "label": "Entity, File Number" } } }, "localname": "EntityFileNumber", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.blfs.com/20210503/role/statement-document-and-entity-information" ], "xbrltype": "fileNumberItemType" }, "dei_EntityIncorporationStateCountryCode": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Two-character EDGAR code representing the state or country of incorporation.", "label": "Entity, Incorporation, State or Country Code" } } }, "localname": "EntityIncorporationStateCountryCode", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.blfs.com/20210503/role/statement-document-and-entity-information" ], "xbrltype": "edgarStateCountryItemType" }, "dei_EntityRegistrantName": { "auth_ref": [ "r5" ], "lang": { "en-us": { "role": { "documentation": "The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.", "label": "Entity, Registrant Name" } } }, "localname": "EntityRegistrantName", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.blfs.com/20210503/role/statement-document-and-entity-information" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityTaxIdentificationNumber": { "auth_ref": [ "r5" ], "lang": { "en-us": { "role": { "documentation": "The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.", "label": "Entity, Tax Identification Number" } } }, "localname": "EntityTaxIdentificationNumber", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.blfs.com/20210503/role/statement-document-and-entity-information" ], "xbrltype": "employerIdItemType" }, "dei_LegalEntityAxis": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "The set of legal entities associated with a report.", "label": "Legal Entity [Axis]" } } }, "localname": "LegalEntityAxis", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.blfs.com/20210503/role/statement-document-and-entity-information" ], "xbrltype": "stringItemType" }, "dei_LocalPhoneNumber": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Local phone number for entity.", "label": "Local Phone Number" } } }, "localname": "LocalPhoneNumber", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.blfs.com/20210503/role/statement-document-and-entity-information" ], "xbrltype": "normalizedStringItemType" }, "dei_PreCommencementIssuerTenderOffer": { "auth_ref": [ "r2" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.", "label": "Pre-commencement Issuer Tender Offer" } } }, "localname": "PreCommencementIssuerTenderOffer", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.blfs.com/20210503/role/statement-document-and-entity-information" ], "xbrltype": "booleanItemType" }, "dei_PreCommencementTenderOffer": { "auth_ref": [ "r3" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.", "label": "Pre-commencement Tender Offer" } } }, "localname": "PreCommencementTenderOffer", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.blfs.com/20210503/role/statement-document-and-entity-information" ], "xbrltype": "booleanItemType" }, "dei_Security12bTitle": { "auth_ref": [ "r0" ], "lang": { "en-us": { "role": { "documentation": "Title of a 12(b) registered security.", "label": "Title of 12(b) Security" } } }, "localname": "Security12bTitle", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.blfs.com/20210503/role/statement-document-and-entity-information" ], "xbrltype": "securityTitleItemType" }, "dei_SecurityExchangeName": { "auth_ref": [ "r1" ], "lang": { "en-us": { "role": { "documentation": "Name of the Exchange on which a security is registered.", "label": "Security Exchange Name" } } }, "localname": "SecurityExchangeName", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.blfs.com/20210503/role/statement-document-and-entity-information" ], "xbrltype": "edgarExchangeCodeItemType" }, "dei_SolicitingMaterial": { "auth_ref": [ "r4" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.", "label": "Soliciting Material" } } }, "localname": "SolicitingMaterial", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.blfs.com/20210503/role/statement-document-and-entity-information" ], "xbrltype": "booleanItemType" }, "dei_TradingSymbol": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Trading symbol of an instrument as listed on an exchange.", "label": "Trading Symbol" } } }, "localname": "TradingSymbol", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.blfs.com/20210503/role/statement-document-and-entity-information" ], "xbrltype": "tradingSymbolItemType" }, "dei_WrittenCommunications": { "auth_ref": [ "r6" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.", "label": "Written Communications" } } }, "localname": "WrittenCommunications", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.blfs.com/20210503/role/statement-document-and-entity-information" ], "xbrltype": "booleanItemType" } }, "unitCount": 0 } }, "std_ref": { "r0": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "b" }, "r1": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "d1-1" }, "r2": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "13e", "Subsection": "4c" }, "r3": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "14d", "Subsection": "2b" }, "r4": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "14a", "Subsection": "12" }, "r5": { "Name": "Regulation 12B", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "b-2" }, "r6": { "Name": "Securities Act", "Number": "230", "Publisher": "SEC", "Section": "425" } }, "version": "2.1" } ZIP 18 0001437749-21-016562-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001437749-21-016562-xbrl.zip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end