2017 Form 10-K Financial Statement

#000114420418013727 Filed on March 09, 2018

View on sec.gov

Income Statement

Concept 2017 2016 Q4 2016
Revenue $11.02M $2.250M $8.227M
YoY Change 33.97% 23.63% 27.55%
Cost Of Revenue $4.276M $880.0K $3.448M
YoY Change 24.0% 29.41% 31.11%
Gross Profit $6.746M $1.370M $4.779M
YoY Change 41.17% 20.18% 25.43%
Gross Profit Margin 61.21% 60.89% 58.09%
Selling, General & Admin $6.609M $1.570M $7.602M
YoY Change -13.06% -25.94% 2.04%
% of Gross Profit 97.97% 114.6% 159.08%
Research & Development $1.193M $430.0K $2.028M
YoY Change -41.19% 0.0% 46.99%
% of Gross Profit 17.68% 31.39% 42.45%
Depreciation & Amortization $339.0K $90.00K $368.1K
YoY Change -7.91% 12.5% 7.25%
% of Gross Profit 5.03% 6.57% 7.7%
Operating Expenses $7.802M $2.000M $9.630M
YoY Change -18.98% -21.26% 8.94%
Operating Profit -$1.056M -$630.0K -$4.852M
YoY Change -78.23% -55.0% -3.55%
Interest Expense $190.0K -$60.00K $100.0K
YoY Change 90.0% 400.0%
% of Operating Profit
Other Income/Expense, Net -$1.459M -$2.880M -$3.190M
YoY Change -54.26%
Pretax Income -$2.515M -$3.570M -$8.040M
YoY Change -68.72% 155.0% 60.8%
Income Tax $0.00
% Of Pretax Income
Net Earnings -$2.515M -$3.320M -$6.875M
YoY Change -63.42% 196.43% 63.16%
Net Earnings / Revenue -22.82% -147.56% -83.57%
Basic Earnings Per Share -$0.21
Diluted Earnings Per Share -$0.21 -$258.4K -$544.3K
COMMON SHARES
Basic Shares Outstanding 13.26M 12.88M shares
Diluted Shares Outstanding 13.26M

Balance Sheet

Concept 2017 2016 Q4 2016
SHORT-TERM ASSETS
Cash & Short-Term Investments $6.700M $1.400M $1.400M
YoY Change 378.57% -63.16% -63.16%
Cash & Equivalents $6.700M $1.406M $1.400M
Short-Term Investments $0.00 $0.00
Other Short-Term Assets $400.0K $300.0K $300.0K
YoY Change 33.33% -25.0% -25.0%
Inventory $1.800M $1.758M $1.800M
Prepaid Expenses
Receivables $1.000M $1.194M $1.200M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $9.900M $4.628M $4.600M
YoY Change 115.22% -33.63% -34.29%
LONG-TERM ASSETS
Property, Plant & Equipment $1.100M $1.187M $1.200M
YoY Change -8.33% -17.91% -14.29%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $1.100M $2.100M $2.100M
YoY Change -47.62%
Other Assets $0.00 $0.00 $0.00
YoY Change
Total Long-Term Assets $2.200M $3.299M $3.300M
YoY Change -33.33% -38.88% -38.89%
TOTAL ASSETS
Total Short-Term Assets $9.900M $4.628M $4.600M
Total Long-Term Assets $2.200M $3.299M $3.300M
Total Assets $12.10M $7.927M $7.900M
YoY Change 53.16% -35.92% -36.29%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $700.0K $710.7K $700.0K
YoY Change 0.0% -30.96% -30.0%
Accrued Expenses $700.0K $116.4K $300.0K
YoY Change 133.33% -20.51% -50.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.500M $1.133M $1.100M
YoY Change 36.36% -34.34% -35.29%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $2.800M $2.800M
YoY Change -100.0%
Other Long-Term Liabilities $500.0K $0.00 $800.0K
YoY Change -37.5% -100.0% 0.0%
Total Long-Term Liabilities $500.0K $0.00 $3.600M
YoY Change -86.11% -100.0% 350.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.500M $1.133M $1.100M
Total Long-Term Liabilities $500.0K $0.00 $3.600M
Total Liabilities $2.100M $4.760M $4.800M
YoY Change -56.25% 89.64% 23.08%
SHAREHOLDERS EQUITY
Retained Earnings -$71.20M
YoY Change 10.69%
Common Stock $74.37M
YoY Change 2.1%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $10.10M $3.167M $3.200M
YoY Change
Total Liabilities & Shareholders Equity $12.10M $7.927M $7.900M
YoY Change 53.16% -35.92% -36.29%

Cashflow Statement

Concept 2017 2016 Q4 2016
OPERATING ACTIVITIES
Net Income -$2.515M -$3.320M -$6.875M
YoY Change -63.42% 196.43% 63.16%
Depreciation, Depletion And Amortization $339.0K $90.00K $368.1K
YoY Change -7.91% 12.5% 7.25%
Cash From Operating Activities $605.0K -$670.0K -$4.327M
YoY Change -113.98% -47.24% -12.94%
INVESTING ACTIVITIES
Capital Expenditures $144.0K -$270.0K $143.5K
YoY Change 0.33% -35.71% 7.1%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00 $1.650M
YoY Change -100.0% -100.0% -70.85%
Cash From Investing Activities -$144.0K -$270.0K $392.8K
YoY Change -136.66% -132.93% -90.74%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 4.796M 980.0K $3.167M
YoY Change 51.45% 262.96% 755.88%
NET CHANGE
Cash From Operating Activities 605.0K -670.0K -$4.327M
Cash From Investing Activities -144.0K -270.0K $392.8K
Cash From Financing Activities 4.796M 980.0K $3.167M
Net Change In Cash 5.257M 40.00K -$767.4K
YoY Change -785.01% -122.22% 113.18%
FREE CASH FLOW
Cash From Operating Activities $605.0K -$670.0K -$4.327M
Capital Expenditures $144.0K -$270.0K $143.5K
Free Cash Flow $461.0K -$400.0K -$4.471M
YoY Change -110.31% -52.94% -12.41%

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<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal" align="justify"><strong>Use of estimates</strong></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal"> &#160;</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal" align="justify">The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.</div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2016Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
11956967 USD
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0212 pure
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0151 pure
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate
0.74 pure
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate
0.75 pure
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0 pure
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0 pure
CY2017 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y8M12D
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P7Y
CY2015Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
9859371 USD
CY2016 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
246280 USD
CY2017 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
3978336 USD
CY2016 us-gaap Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
374390 USD
CY2016 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
135000 USD
CY2016 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
451 USD
CY2016 us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
184974 USD
CY2016 us-gaap Profit Loss
ProfitLoss
-8041372 USD
CY2017 us-gaap Profit Loss
ProfitLoss
-2515106 USD
CY2017 us-gaap Dividends Preferred Stock
DividendsPreferredStock
212500 USD
CY2017 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
142499 USD
CY2017 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
0 USD
CY2016 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
451 USD
CY2017Q4 us-gaap Accumulated Other Comprehensive Income Loss Before Tax1
AccumulatedOtherComprehensiveIncomeLossBeforeTax1
0 USD
CY2016Q4 us-gaap Accumulated Other Comprehensive Income Loss Before Tax1
AccumulatedOtherComprehensiveIncomeLossBeforeTax1
0 USD
CY2015Q4 us-gaap Accumulated Other Comprehensive Income Loss Before Tax1
AccumulatedOtherComprehensiveIncomeLossBeforeTax1
-451 USD
CY2017 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-855136000 USD
CY2016 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-2734067000 USD
CY2017 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-3419114000 USD
CY2016 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
38090000 USD
CY2017 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
0 USD
CY2016 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
396415000 USD
CY2017 us-gaap Income Tax Reconciliation Disposition Of Business
IncomeTaxReconciliationDispositionOfBusiness
0 USD
CY2016 us-gaap Income Tax Reconciliation Disposition Of Business
IncomeTaxReconciliationDispositionOfBusiness
900910000 USD
CY2017 blfs Effective Income Tax Rate Reconciliation Basis Limited On Joint Venture Loss
EffectiveIncomeTaxRateReconciliationBasisLimitedOnJointVentureLoss
0 USD
CY2016 blfs Effective Income Tax Rate Reconciliation Basis Limited On Joint Venture Loss
EffectiveIncomeTaxRateReconciliationBasisLimitedOnJointVentureLoss
-429450000 USD
CY2017 us-gaap Income Tax Reconciliation Equity In Earnings Losses Of Unconsolidated Subsidiary
IncomeTaxReconciliationEquityInEarningsLossesOfUnconsolidatedSubsidiary
110114000 USD
CY2016 us-gaap Income Tax Reconciliation Equity In Earnings Losses Of Unconsolidated Subsidiary
IncomeTaxReconciliationEquityInEarningsLossesOfUnconsolidatedSubsidiary
-705500000 USD
CY2017 blfs Effective Income Tax Rate Reconciliation Discrete Due To Joint Venture Deconsolidation
EffectiveIncomeTaxRateReconciliationDiscreteDueToJointVentureDeconsolidation
0 USD
CY2016 blfs Effective Income Tax Rate Reconciliation Discrete Due To Joint Venture Deconsolidation
EffectiveIncomeTaxRateReconciliationDiscreteDueToJointVentureDeconsolidation
245854000 USD
CY2017 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
820000 USD
CY2016 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
17848000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
CY2016 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
CY2016 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
0 USD
CY2017 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
5421298000 USD
CY2017Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
8162123 USD
CY2017Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Compensation
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensation
31844 USD
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Compensation
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensation
35249 USD
CY2017Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
42688 USD
CY2016Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
46975 USD
CY2017Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
29171 USD
CY2016Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
43787 USD
CY2017Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
688148 USD
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
765928 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Investment In Noncontrolled Affiliates
DeferredTaxLiabilitiesInvestmentInNoncontrolledAffiliates
224725 USD
CY2016Q4 us-gaap Deferred Tax Liabilities Investment In Noncontrolled Affiliates
DeferredTaxLiabilitiesInvestmentInNoncontrolledAffiliates
705500 USD
CY2017 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-2727606 USD
CY2016 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-6875446 USD
CY2017Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
28232 USD
CY2016Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
33189 USD
CY2017Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
8757481 USD
CY2016Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
12176595 USD
CY2017Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
8757481 USD
CY2016Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
12176595 USD
CY2017Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
0 USD
CY2016Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
0 USD
CY2017Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
38867000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Receivable Current
OperatingLeasesFutureMinimumPaymentsReceivableCurrent
704000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Two Years
OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears
718000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Receivable
OperatingLeasesFutureMinimumPaymentsReceivable
2588000 USD
CY2017 us-gaap Lease Expiration Date1
LeaseExpirationDate1
2021-07-31
CY2017 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
755387 USD
CY2016 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
832110 USD
CY2017Q4 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
1284491 USD
CY2016Q4 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
1284491 USD
CY2017Q4 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
682466 USD
CY2016Q4 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
650912 USD
CY2017Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
1148006 USD
CY2016Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
922220 USD
CY2017Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3114963 USD
CY2016Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2857623 USD
CY2017Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2008927 USD
CY2016Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1670245 USD
CY2017 us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
108664 USD
CY2016 us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
86736 USD
CY2017 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-1459259 USD
CY2016 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-3189833 USD
CY2017 us-gaap Net Income Loss
NetIncomeLoss
-2515106 USD
CY2016 us-gaap Net Income Loss
NetIncomeLoss
-6875446 USD
CY2017 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-2515106 USD
CY2016 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-8040921 USD
CY2017 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-2515106 USD
CY2016 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-6874995 USD
CY2017 us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
106874 USD
CY2016 us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
135000 USD
CY2017 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
293743 USD
CY2016 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-410151 USD
CY2017 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
143767 USD
CY2016 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
143533 USD
CY2016 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
0 USD
CY2017 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
22003 USD
CY2017 blfs Adjustments To Additional Paid In Capital Share Based Compensation Vesting Of Jv Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationVestingOfJvRequisiteServicePeriodRecognitionValue
22317 USD
CY2017 us-gaap Interest Paid
InterestPaid
37926 USD
CY2016 us-gaap Interest Paid
InterestPaid
0 USD
CY2017 us-gaap Advertising Expense
AdvertisingExpense
38708 USD
CY2016 us-gaap Advertising Expense
AdvertisingExpense
74916 USD
CY2017 us-gaap Cumulative Effect On Retained Earnings Net Of Tax1
CumulativeEffectOnRetainedEarningsNetOfTax1
27908 USD
CY2016 blfs Estimated Forfeiture Rate
EstimatedForfeitureRate
0.081 pure
CY2016 us-gaap Increase Decrease In Deferred Liabilities
IncreaseDecreaseInDeferredLiabilities
27989 USD
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35 pure
CY2016Q2 blfs Warrants Issued
WarrantsIssued
550000 shares
CY2016Q2 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
1.75
CY2016Q2 blfs Outstanding Warrants Expiration Dates
OutstandingWarrantsExpirationDates
May 12, 2021
CY2017 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
4240697 USD
CY2017 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
605122 USD
CY2016 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-4326991 USD
CY2017 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-143767 USD
CY2016 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
392792 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Three Years
OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears
733000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Four Years
OperatingLeasesFutureMinimumPaymentsReceivableInFourYears
433000 USD
CY2016Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2017Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2016Q4 us-gaap Debt Instrument Unamortized Discount Noncurrent
DebtInstrumentUnamortizedDiscountNoncurrent
155996 USD
CY2017 us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
-1037754000 USD
CY2016 us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
0 USD
CY2016 blfs Deferred Costs Related To Stock Issuance Not Yet Paid
DeferredCostsRelatedToStockIssuanceNotYetPaid
26975 USD
CY2017 blfs Deferred Costs Related To Stock Issuance Not Yet Paid
DeferredCostsRelatedToStockIssuanceNotYetPaid
0 USD
CY2017 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
0 USD
CY2017 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
0 USD
CY2016 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
0 USD
CY2017 us-gaap Stock Option Plan Expense
StockOptionPlanExpense
611705 USD
CY2016 us-gaap Stock Option Plan Expense
StockOptionPlanExpense
612440 USD
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
1.91
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
1.26
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
91817 USD
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
51302 USD
CY2016Q2 us-gaap Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
374390 USD
CY2017 us-gaap Increase Decrease In Deferred Liabilities
IncreaseDecreaseInDeferredLiabilities
-66245 USD
CY2017 blfs Writeoff Of Deferred Financing Costs
WriteoffOfDeferredFinancingCosts
67664 USD
CY2016 blfs Writeoff Of Deferred Financing Costs
WriteoffOfDeferredFinancingCosts
86736 USD

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