BIOLIFE SOLUTIONS INC BLFS Income Statement

Biolife solutions inc (BLFS)

Income statement / Quarterly

Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
Revenue
8,296	6,604	6,701	5,770	5,456	5,293	5,178	3,815	3,134	2,963	2,557	2,366	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gross profit
-	4,520	4,743	4,123	-	3,687	3,641	2,451	1,839	1,867	1,600	1,437	1,366	1,214	1,117	1,081	1,139	973	818	882	998	588	545	903	920	888	828	1,125	751	595	455	489	457	369	333	242	224	193
Costs and operating expenses:
Product sales
-	-	-	-	-	-	-	-	-	-	-	-	2,249	2,135	1,989	1,852	1,819	1,631	1,496	1,500	1,670	1,243	1,211	2,065	2,288	2,170	2,330	1,550	2,043	1,676	1,092	830	804	710	617	605	519	462
Licensing revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	609	5	5	5	5	5	5	5	5	5	5
Total revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,288	2,170	2,330	2,160	2,048	1,681	1,097	835	809	715	622	610	524	467
Cost of product and rental revenue (exclusive of intangible assets amortization)
3,071	2,084	1,958	1,647	1,710	1,606	1,537	1,364	1,295	1,095	956	928	883	920	872	771	679	658	678	618	672	654	666	1,161	1,368	1,281	1,501	1,034	1,296	1,086	641	346	352	345	288	368	300	274
Research and development
748	1,309	739	372	315	312	325	346	294	293	318	286	428	496	599	504	425	329	301	322	357	153	192	167	126	160	94	105	109	110	126	116	125	98	133	158	98	81
Sales and marketing
1,666	1,259	928	848	637	725	641	612	538	488	546	511	610	816	849	733	763	677	642	500	519	298	270	241	215	208	214	202	239	145	160	73	69	55	59	83	91	117
General and administrative
2,313	2,258	2,118	2,204	1,752	1,455	1,390	1,353	1,224	1,118	1,077	1,103	954	1,039	1,262	1,335	1,354	1,263	1,030	1,220	1,125	1,011	969	863	862	630	601	624	709	487	475	479	473	500	401	454	321	386
Acquisition costs
402	291	39	208	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating expenses
-	5,117	3,824	3,632	-	2,492	2,356	2,311	2,058	1,900	1,942	1,901	1,993	2,352	2,711	2,573	2,543	2,269	1,974	2,043	2,002	1,462	1,433	1,272	1,204	998	911	933	1,059	744	762	669	667	654	593	696	511	585
Operating income (loss)
-1,033	-597	919	491	1,042	1,195	1,285	140	-218	-32	-341	-464	-627	-1,137	-1,593	-1,492	-1,404	-1,296	-1,155	-1,160	-1,004	-874	-887	-369	-284	-110	-82	192	-307	-148	-306	-179	-210	-284	-260	-454	-286	-391
Other income (expenses)
Interest income
-	110	137	171	-	80	32	8	0	0	0	0	0	0	0	1	3	4	5	8	-	-	-	-	-	-	-	-	0	0	5	88	0	0	0	0	-	-
Interest income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7	4	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-
Interest income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Interest expense
0	1	1	3	2	1	1	1	1	1	104	83	-	33	-	-	-	-	-	-	0	0	0	177	185	185	185	185	185	185	183	178	173	171	165	160	-150	-145
Write-off of deferred financing costs
-	-	-	-	-	-	-	-	-	67	-	-	-	0	86	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Write off of deferred financing costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	0	13	14	14	14	13	18	18	14	27	67	-20	11	15	0	0
Amortization of debt discount
-	-	-	-	-	-	-	-	0	0	62	93	93	93	31	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on disposal of property and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-1	-	-	-	0	-	-	-	4	-	-	-	0	-	-	-	-	-	-	-	-	-	0	0	0
Loss on Disposal of Assets
-	-13	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-
Interest expense, related party
-	-	-	-	-	-	-	-	-	-	-	-	-	-	8	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss from equity-method investment in SAVSU
1	-291	-217	-232	-308	-43	-177	-144	-297	-217	-260	-229	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on acquisition of SAVSU
-	10,108	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on disposal of property and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0	-	-1	0	-	-	-
Total other expenses
-12,746	9,913	-81	-64	-28,420	36	-146	-137	-339	-286	-427	-406	-2,937	-128	-125	1	-	4	5	-	8	12	4	-190	-199	-199	-199	-199	-203	-203	-192	-117	-200	-193	-176	-175	-150	-
Net loss before provision for income taxes
-	9,316	838	-	-	1,231	1,139	-	-	-318	-768	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income tax (benefit)
-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Loss
-	-	-	-	-	-	-	-	-	-	-	-	-3,565	-1,265	-1,719	-1,490	-1,400	-1,291	-1,150	-1,152	-995	-862	-883	-559	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Loss attributable to non-controlling interest
-	-	-	-	-	-	-	-	-	-	-	-	-241	-296	-363	-263	-281	-223	-156	-120	-83	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total other income (expenses)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-145
Net loss
-12,238	9,316	838	427	-27,378	1,231	1,139	3	-557	-318	-768	-870	-3,323	-969	-1,356	-1,226	-1,119	-1,068	-994	-1,031	-912	-862	-883	-559	-484	-309	-282	-7	-511	-352	-498	-296	-411	-478	-436	-630	-436	-537
Less: Preferred stock dividends and accumulated deficit impact of preferred stock redemption
-	-	-	-	60	80	93	106	106	106	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss) attributable to common stockholders
-12,238	9,316	838	427	-27,438	1,151	1,046	-103	-664	-424	-768	-870	-	-969	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic net income per common share (in dollars per share)
-	0.47	0.04	0.02	-	0.07	0.07	-0.01	-	-0.03	-0.06	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted net income per common share (in dollars per share)
-	0.37	0.03	0.02	-	0.05	0.05	-0.01	-	-0.03	-0.06	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic shares used to compute earnings per share (in shares)
-	19,735	18,819	18,648	-	17,273	15,180	14,098	-	13,238	13,100	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic and Diluted (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-0.07	-0.25	-0.08	-0.11	-0.10	-0.09	-0.09	-0.08	-0.09	-0.07	-0.07	-0.07	-0.10	-0.10	-0.06	-0.06	0.00	-0.31	-0.01	-0.01	0.00	0.00	-0.01	-0.01	-0.01	-0.01	-
Basic and Diluted (in shares)
-	-	-	-	-	-	-	-	-	-	-	12,964	12,846	12,699	12,568	12,457	12,306	12,157	12,144	12,100	12,166	12,042	12,010	5,568	-	-	-	-	-	-	69,679	-	-	-	-	-	-	-
Basic and diluted weighted average common shares used to calculate net loss per common share
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,009	5,004	4,990	-	69,679	-	69,679	-	69,679	69,679	69,679	69,679	-
Diluted shares used to compute earnings per share (in shares)
-	25,343	24,539	24,358	-	23,656	20,374	14,098	-	13,238	13,100	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
net loss per common share Basic
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0
net loss per common share Diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0
Weighted average common shares used to calculate net loss per common share Basic
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	69,679
Weighted average common shares used to calculate net loss per common share Diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	69,679