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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (unaudited) (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
REVENUES:        
License fees $ 285,157 $ 382,767 $ 880,740 $ 1,094,843
Royalties from product sales 147,811 80,592 321,806 291,505
Grant income 647,580 160,431 1,863,310 941,226
Sale of research products and services 110,555 90,272 299,615 214,277
Total revenues 1,191,103 714,062 3,365,471 2,541,851
Cost of sales (230,901) (206,678) (614,080) (570,237)
Gross Profit 960,202 507,384 2,751,391 1,971,614
EXPENSES:        
Research and development (8,836,341) (6,441,462) (26,267,792) (17,389,409)
General and administrative (4,261,450) (4,267,875) (12,764,324) (11,273,948)
Total operating expenses (13,097,791) (10,709,337) (39,032,116) (28,663,357)
Loss from operations (12,137,589) (10,201,953) (36,280,725) (26,691,743)
OTHER INCOME/(EXPENSES):        
Interest (expense)/income, net (see Note 6) (7,632) 509 (29,786) 2,033
(Loss)/gain on sale or write off of fixed assets (133) 5,830 (8,709) 5,120
Other (expense)/income, net (118,796) (60,704) 165,135 (169,512)
Total other (expenses)/income, net (126,561) (54,365) 126,640 (162,359)
LOSS BEFORE INCOME TAX BENEFIT (12,264,150) (10,256,318) (36,154,085) (26,854,102)
Deferred income tax benefit 2,312,693 0 5,174,977 0
NET LOSS (9,951,457) (10,256,318) (30,979,108) (26,854,102)
Net loss attributable to noncontrolling interest 1,683,532 1,253,150 5,151,013 2,583,581
Net loss attributable to BioTime, Inc. (8,267,925) (9,003,168) (25,828,095) (24,270,521)
Dividends on preferred shares (34,038) 0 (34,038) 0
Net loss attributable to common shareholders (8,301,963) (9,003,168) (25,862,133) (24,270,521)
Unrealized loss on available-for-sale assets (1,210) 0 (2,740) 0
Foreign currency translation (loss)/gain (66,768) 7,016 (216,330) 184,310
TOTAL COMPREHENSIVE NET LOSS $ (8,335,903) $ (8,996,152) $ (26,047,165) $ (24,086,211)
BASIC AND DILUTED NET LOSS PER COMMON SHARE (in dollars per share) $ (0.12) $ (0.16) $ (0.41) $ (0.45)
WEIGHTED AVERAGE NUMBER OF COMMON STOCK OUTSTANDING: BASIC AND DILUTED (in shares) 67,920,853 55,621,564 62,594,212 53,545,834