Adma biologics, inc. (ADMA)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11
REVENUES:
Product revenue

29,206

16,842

15,617

-

-

-

-

-

-

Product revenue

-

-

-

10,518

7,050

5,839

3,023

1,118

-

License revenue

142

142

142

-

127

75

44

0

-

License and other revenue

-

-

-

142

-

-

-

-

-

Other revenue

-

-

7,000

0

-

-

-

-

-

Total Revenues

29,349

16,985

22,760

10,661

7,177

5,915

3,067

1,118

761

OPERATING EXPENSES
Cost of product revenue (exclusive of amortization expense shown below)

39,504

42,194

29,164

-

-

-

-

-

-

Cost of product revenue (exclusive of amortization expense shown below)

-

-

-

6,360

4,311

3,742

2,023

669

207

Gross profit

-

-

-

-

-

-

-

-

553

Research and development

2,343

3,926

5,570

7,688

7,015

9,517

9,303

3,469

646

Loss on sale of inventory

-

-

-

-

-

-

-

-

1,934

Plasma center operating expenses

2,169

7,805

6,503

5,447

4,618

3,850

2,418

1,746

1,163

Asset impairment charge

-

-

845

0

-

-

-

-

-

Amortization of intangible assets

844

844

1,234

0

-

-

-

-

-

Selling, general and administrative

25,910

22,502

18,752

8,494

6,745

4,823

4,365

3,142

1,431

TOTAL OPERATING EXPENSES

70,773

77,274

62,070

27,991

22,691

21,934

18,110

9,027

5,176

LOSS FROM OPERATIONS

-41,424

-60,288

-39,309

-17,330

-15,513

-16,018

-15,042

-7,909

-4,622

OTHER INCOME (EXPENSE):
Interest and other income

800

195

57

50

37

14

7

20

-

Interest income

-

-

-

-

-

-

-

-

1

Interest expense

8,993

5,522

3,285

2,239

1,842

1,286

618

30

1,602

Change in fair value of stock warrants

-

-

-

-

67

-74

43

0

-

Loss on extinguishment of debt

-9,962

0

-1,210

0

-719

0

-

-

-

Gain on transfer of plasma center assets

11,527

0

-

-

-

-

-

-

-

Other expense

-

-

-

-

0

-

82

0

-

Other expense

-227

-127

-10

4

-

-

-

-

-

Other (expense) income, net

-6,854

-5,454

-4,448

-2,184

-2,456

-1,346

-484

-9

-

LOSS BEFORE INCOME TAXES

-

-

-

-

-

-17,364

-15,527

-7,918

-6,224

State income tax benefit

-

-

-

-

-

-551

0

-617

-320

NET LOSS

-48,279

-65,743

-43,758

-19,515

-17,969

-16,813

-15,527

-7,301

-5,903

BASIC AND DILUTED LOSS PER COMMON SHARE

-0.89

-1.45

-1.91

-1.61

-1.73

-1.81

-2.38

-1.39

-16.72

WEIGHTED AVERAGE SHARES OUTSTANDING, Basic and Diluted

54,348

45,188

22,896

12,153

10,412

9,291

6,531

5,265

353