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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
REVENUES:        
Grant income $ 1,225 $ 1,109 $ 1,236 $ 3,346
Royalties from product sales and license fees 86 177 277 463
Subscription and advertisement revenues 376 69 940 700
Sale of research products 1 144 6 331
Total revenues 1,688 1,499 2,459 4,840
Cost of sales (52) (58) (114) (378)
Gross Profit 1,636 1,441 2,345 4,462
OPERATING EXPENSES:        
Research and development (6,562) (6,422) (19,327) (29,093)
General and administrative (4,587) (4,574) (14,111) (23,083)
Total operating expenses (11,149) (10,996) (33,438) (52,176)
Gain on sale of assets 0 0 1,754 0
Loss from operations (9,513) (9,555) (29,339) (47,714)
OTHER INCOME/(EXPENSES):        
Interest expense, net (10) (167) (729) (513)
Loss on extinguishment of related party convertible debt (2,799) 0 (2,799) 0
Other income (expenses), net (143) (173) 1,202 197
Total other income, net 28,271 38,820 82,894 74,075
INCOME BEFORE INCOME TAXES 18,758 29,265 53,555 26,361
Deferred income tax expense (4,772) 0 (4,772) 0
NET INCOME 13,986 29,265 48,783 26,361
Net loss attributable to noncontrolling interests 335 1,934 3,175 12,286
NET INCOME ATTRIBUTABLE TO BIOTIME, INC. $ 14,321 $ 31,199 $ 51,958 $ 38,647
NET INCOME PER COMMON SHARE ATTRIBUTABLE TO BIOTIME, INC.:        
BASIC (in dollars per share) $ 0.12 $ 0.30 $ 0.47 $ 0.40
DILUTED (in dollars per share) $ 0.12 $ 0.30 $ 0.47 $ 0.39
WEIGHTED AVERAGE NUMBER OF SHARES OF COMMON STOCK OUTSTANDING:        
BASIC (in shares) 115,288 102,711 110,989 95,484
DILUTED (in shares) 115,298 103,613 111,124 99,073
OncoCyte Corporation [Member]        
OTHER INCOME/(EXPENSES):        
Gain (loss) on equity method investment at fair value $ 34,485 $ 0 $ 39,620 $ 0
Gain on deconsolidation 0 0 71,697 0
Asterias Biotherapeutics [Member]        
OTHER INCOME/(EXPENSES):        
Gain (loss) on equity method investment at fair value (3,262) 40,015 (26,097) 26,532
Gain on deconsolidation 0 0 0 49,048
Ascendance Biotechnology, Inc. [Member]        
OTHER INCOME/(EXPENSES):        
BioTime's share of losses in equity method investment $ 0 $ (855) $ 0 $ (1,189)