2016 Q3 Form 10-Q Financial Statement

#000114420416118414 Filed on August 11, 2016

View on sec.gov

Income Statement

Concept 2016 Q3 2016 Q2 2015 Q4
Revenue $2.135M $1.990M $1.820M
YoY Change 30.84% 32.95% 8.98%
Cost Of Revenue $920.9K $872.8K $680.0K
YoY Change 39.84% 28.72% 1.49%
Gross Profit $1.214M $1.117M $1.140M
YoY Change 24.75% 36.46% 14.0%
Gross Profit Margin 56.87% 56.14% 62.64%
Selling, General & Admin $1.855M $2.112M $2.120M
YoY Change -4.38% 26.23% 29.27%
% of Gross Profit 152.79% 189.05% 185.96%
Research & Development $496.9K $599.0K $430.0K
YoY Change 50.78% 98.79% 19.44%
% of Gross Profit 40.92% 53.62% 37.72%
Depreciation & Amortization $100.0K $90.00K $80.00K
YoY Change 11.11% 0.0% 14.29%
% of Gross Profit 8.24% 8.06% 7.02%
Operating Expenses $2.352M $2.711M $2.540M
YoY Change 3.63% 37.3% 27.0%
Operating Profit -$1.138M -$1.594M -$1.400M
YoY Change -12.23% 37.89% 40.0%
Interest Expense $33.33K -$10.00K $0.00
YoY Change -200.0%
% of Operating Profit
Other Income/Expense, Net -$128.1K -$125.8K $0.00
YoY Change -2809.14% -2395.2% -100.0%
Pretax Income -$1.270M -$1.720M -$1.400M
YoY Change -1.55% 49.57% 40.0%
Income Tax
% Of Pretax Income
Net Earnings -$969.0K -$1.356M -$1.120M
YoY Change -9.33% 36.37% 23.08%
Net Earnings / Revenue -45.38% -68.15% -61.54%
Basic Earnings Per Share
Diluted Earnings Per Share -$76.38K -$108.2K -$90.98K
COMMON SHARES
Basic Shares Outstanding 12.88M shares 12.69M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2016 Q3 2016 Q2 2015 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.400M $1.300M $3.800M
YoY Change -73.58% -81.16% -61.62%
Cash & Equivalents $1.369M $1.318M $2.173M
Short-Term Investments $0.00 $0.00 $1.700M
Other Short-Term Assets $400.0K $400.0K $400.0K
YoY Change -20.0% 33.33% 0.0%
Inventory $1.900M $1.911M $1.835M
Prepaid Expenses
Receivables $1.300M $1.284M $929.3K
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $5.000M $4.916M $6.973M
YoY Change -39.76% -47.14% -42.84%
LONG-TERM ASSETS
Property, Plant & Equipment $1.300M $1.362M $1.446M
YoY Change -13.33% -14.88% -14.92%
Goodwill
YoY Change
Intangibles $2.215M $2.215M
YoY Change
Long-Term Investments
YoY Change
Other Assets $0.00 $0.00 $0.00
YoY Change
Total Long-Term Assets $5.800M $5.635M $5.397M
YoY Change 18.37% 22.5% 38.38%
TOTAL ASSETS
Total Short-Term Assets $5.000M $4.916M $6.973M
Total Long-Term Assets $5.800M $5.635M $5.397M
Total Assets $10.80M $10.55M $12.37M
YoY Change -18.18% -24.1% -23.17%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.100M $864.5K $1.029M
YoY Change 10.0% 44.08% 105.87%
Accrued Expenses $500.0K $80.04K $146.4K
YoY Change 0.0% -79.99% -79.08%
Deferred Revenue
YoY Change
Short-Term Debt $1.800M $700.0K $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $3.500M $2.264M $1.726M
YoY Change 118.75% 88.63% 32.75%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $700.0K $700.0K $800.0K
YoY Change -12.5% -12.5% -11.11%
Total Long-Term Liabilities $700.0K $700.0K $800.0K
YoY Change -12.5% -12.5% -11.11%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.500M $2.264M $1.726M
Total Long-Term Liabilities $700.0K $700.0K $800.0K
Total Liabilities $4.600M $3.004M $2.510M
YoY Change 12.2% -20.94% -41.62%
SHAREHOLDERS EQUITY
Retained Earnings -$66.91M -$64.33M
YoY Change
Common Stock $73.73M $72.84M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $6.200M $6.822M $8.508M
YoY Change
Total Liabilities & Shareholders Equity $10.80M $10.55M $12.37M
YoY Change -18.18% -24.1% -23.17%

Cashflow Statement

Concept 2016 Q3 2016 Q2 2015 Q4
OPERATING ACTIVITIES
Net Income -$969.0K -$1.356M -$1.120M
YoY Change -9.33% 36.37% 23.08%
Depreciation, Depletion And Amortization $100.0K $90.00K $80.00K
YoY Change 11.11% 0.0% 14.29%
Cash From Operating Activities -$880.0K -$1.190M -$1.270M
YoY Change -24.79% -2.46% 84.06%
INVESTING ACTIVITIES
Capital Expenditures -$200.0K -$210.0K -$420.0K
YoY Change -53.49% -60.38% 23.53%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00 $1.240M
YoY Change -100.0% -100.0% 313.33%
Cash From Investing Activities -$200.0K -$210.0K $820.0K
YoY Change -48.72% -110.05% -1740.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.130M 1.050M 270.0K
YoY Change 5550.0% 1650.0%
NET CHANGE
Cash From Operating Activities -880.0K -1.190M -1.270M
Cash From Investing Activities -200.0K -210.0K 820.0K
Cash From Financing Activities 1.130M 1.050M 270.0K
Net Change In Cash 50.00K -350.0K -180.0K
YoY Change -103.25% -137.63% -75.68%
FREE CASH FLOW
Cash From Operating Activities -$880.0K -$1.190M -$1.270M
Capital Expenditures -$200.0K -$210.0K -$420.0K
Free Cash Flow -$680.0K -$980.0K -$850.0K
YoY Change -8.11% 42.03% 142.86%

Facts In Submission

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us-gaap Share Based Compensation
ShareBasedCompensation
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CY2016Q2 us-gaap Share Based Compensation
ShareBasedCompensation
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ShareBasedCompensation
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us-gaap Lease Expiration Date1
LeaseExpirationDate1
2021-07-31
CY2014Q3 us-gaap Long Term Purchase Commitment Amount
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dei Document Type
DocumentType
10-Q
dei Amendment Flag
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false
dei Document Period End Date
DocumentPeriodEndDate
2016-06-30
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2016
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Entity Registrant Name
EntityRegistrantName
BIOLIFE SOLUTIONS INC
dei Entity Central Index Key
EntityCentralIndexKey
0000834365
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Entity Filer Category
EntityFilerCategory
Smaller Reporting Company
dei Trading Symbol
TradingSymbol
BLFS
CY2016Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
12883246 shares
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt"></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"><b><i>Concentrations of credit risk and business risk</i></b></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;CLEAR: both"> &#160;</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify">In the three and six months ended June 30, 2016, we derived approximately <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 12</font>% and <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 12</font>% of our product revenue from one customer. In the three and six months ended June 30, 2015, we derived approximately <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 15</font>% and <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 10</font>% of our product revenue from one customer. No other customer accounted for more than <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"><font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"><font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">10</font></font></font></font>% of revenue in the three and six months ended June 30, 2016 or 2015. At June 30, 2016, three customers accounted for approximately <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 41</font>% of total gross accounts receivable. At December 31, 2015, three customers accounted for approximately <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 53</font>% of total gross accounts receivable.</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;CLEAR: both"> &#160;</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify">Revenue from customers located in foreign countries represented <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 17</font>% and <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 20</font>% of total revenue during the three and six months ended June 30, 2016, <font style="LINE-HEIGHT: 115%; FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> respectively,</font> and <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 20</font>% and <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 21</font>% during the three and six months ended June 30, 2015, respectively.</div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2015Q4 us-gaap Interest Payable Current
InterestPayableCurrent
0 USD
CY2016Q2 us-gaap Interest Payable Current
InterestPayableCurrent
8333 USD
CY2016Q2 us-gaap Notes Payable Related Parties Classified Current
NotesPayableRelatedPartiesClassifiedCurrent
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CY2015Q4 us-gaap Notes Payable Related Parties Classified Current
NotesPayableRelatedPartiesClassifiedCurrent
0 USD
CY2016Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2015Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2016Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
0 USD
CY2015Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
0 USD
CY2016Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2015Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2016Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
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CY2015Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
150000000 shares
CY2016Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
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CY2016Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
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CY2015Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
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CY2015Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
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CY2016Q2 us-gaap Debt Instrument Unamortized Discount Current
DebtInstrumentUnamortizedDiscountCurrent
343191 USD
CY2016Q2 us-gaap Interest Expense Related Party
InterestExpenseRelatedParty
8333 USD
CY2015Q2 us-gaap Interest Expense Related Party
InterestExpenseRelatedParty
0 USD
us-gaap Interest Expense Related Party
InterestExpenseRelatedParty
8333 USD
us-gaap Interest Expense Related Party
InterestExpenseRelatedParty
0 USD
CY2016Q2 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
31199 USD
CY2015Q2 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
0 USD
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
31199 USD
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
0 USD
CY2016Q2 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
86736 USD
CY2015Q2 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
0 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
86736 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
0 USD
CY2016Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-125823 USD
CY2015Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
5482 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-123904 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
13719 USD
us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
2997481 USD
CY2016Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
1.24
CY2016Q2 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
1989988 USD
CY2015Q2 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
1496759 USD
us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
3842005 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
1.25
CY2015Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
1.75
CY2016Q2 us-gaap Restricted Stock Expense
RestrictedStockExpense
23633 USD
us-gaap Restricted Stock Expense
RestrictedStockExpense
122351 USD
CY2015Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0177 pure
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0177 pure
CY2015Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0 pure
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0 pure
CY2015Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P7Y
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P7Y
CY2015Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate
1.05 pure
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate
1.05 pure
CY2015Q4 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
7195997 USD
CY2015Q4 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
4.60
us-gaap Lessee Leasing Arrangements Operating Leases Renewal Term
LesseeLeasingArrangementsOperatingLeasesRenewalTerm
P5Y
CY2016Q2 blfs Estimated Forfeiture Rate
EstimatedForfeitureRate
0.081 pure
CY2015Q2 blfs Estimated Forfeiture Rate
EstimatedForfeitureRate
0.070 pure
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
1.75
blfs Outstanding Warrants Expiration Dates
OutstandingWarrantsExpirationDates
The outstanding warrants have expiration dates between August 2016 and May 2021.
CY2016Q2 blfs Leasehold Improvements Gross1
LeaseholdImprovementsGross1
1124790 USD
CY2015Q4 blfs Leasehold Improvements Gross1
LeaseholdImprovementsGross1
1124790 USD
CY2016Q2 blfs Leasehold Improvements
LeaseholdImprovements
685761 USD
CY2015Q4 blfs Leasehold Improvements
LeaseholdImprovements
749260 USD
CY2016Q2 us-gaap Deferred Rent Credit
DeferredRentCredit
871104 USD
CY2015Q4 us-gaap Deferred Rent Credit
DeferredRentCredit
914674 USD
CY2016Q2 blfs Less Accumulated Amortization
LessAccumulatedAmortization
439029 USD
CY2015Q4 blfs Less Accumulated Amortization
LessAccumulatedAmortization
375530 USD
CY2016Q2 blfs Straight Line Rent Adjustment
StraightLineRentAdjustment
185343 USD
CY2015Q4 blfs Straight Line Rent Adjustment
StraightLineRentAdjustment
165414 USD
us-gaap Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
374390 USD
us-gaap Depreciation
Depreciation
183893 USD
us-gaap Depreciation
Depreciation
168727 USD
us-gaap Amortization Of Lease Incentives
AmortizationOfLeaseIncentives
-63499 USD
us-gaap Amortization Of Lease Incentives
AmortizationOfLeaseIncentives
-63500 USD
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-1792 USD
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-65485 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
354726 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-92236 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
76094 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
356033 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
50151 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-47762 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
207369 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-99771 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
37527 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-267229 USD
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
8333 USD
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
0 USD
blfs Deferred Rent
DeferredRent
19929 USD
blfs Deferred Rent
DeferredRent
21651 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-2775154 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-2534961 USD
us-gaap Proceeds From Sale And Maturity Of Trading Securities Heldforinvestment
ProceedsFromSaleAndMaturityOfTradingSecuritiesHeldforinvestment
1650000 USD
us-gaap Proceeds From Sale And Maturity Of Trading Securities Heldforinvestment
ProceedsFromSaleAndMaturityOfTradingSecuritiesHeldforinvestment
4725000 USD
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
0 USD
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
342872 USD
us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
695044 USD
us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
497480 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
99353 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
72009 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
855603 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
3812639 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
86736 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
0 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
1064762 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
79969 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-854789 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
1357647 USD
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2538758 USD
CY2015Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3896405 USD
blfs Payments To Develop Software Not Paid
PaymentsToDevelopSoftwareNotPaid
42760 USD
blfs Payments To Develop Software Not Paid
PaymentsToDevelopSoftwareNotPaid
265380 USD
us-gaap Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
0 USD
us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
1000000 USD
us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
0 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
151498 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
79969 USD

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