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Pay vs Performance Disclosure - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Pay vs Performance Disclosure          
Pay vs Performance Disclosure, Table
Value of Initial Fixed $100 Investment Based On:
YearSummary Compensation Table Total for First PEO
(1)
Compensation Actually Paid to First PEO
(2)
Summary Compensation Table Total for Second PEO
(1)
Compensation Actually Paid to Second PEO
(2)
Average Summary Compensation Table Total for Non-PEO NEOs
(1)
Average Compensation Actually Paid to Non-PEO NEOs (2)TSR (3)Peer Group TSR
(3) (4)
Net (Loss) Income (In thousands)
(5)
Company-Selected Measure: Revenue (In thousands)
(6)
2024N/AN/A$7,046,205 $12,358,698 $1,663,485 $2,551,082 $160.44 $109.19 $(20,184)$119,992 
2023N/AN/A$5,316,798 $4,739,223 $1,367,151 $1,089,247 $100.43 $100.17 $(66,427)$143,271 
2022$4,729,170 $5,402,825 N/AN/A$1,795,669 $1,727,067 $112.48 $124.41 $(139,805)$161,759 
2021$2,249,907 $7,321,384 N/AN/A$1,005,796 $2,886,005 $230.35 $192.28 $(8,908)$119,156 
2020$1,478,511 $6,469,889 N/AN/A$1,432,993 $4,369,889 $246.54 $187.29 $1,983 $48,087 
       
Company Selected Measure Name revenue        
Named Executive Officers, Footnote For the years 2024 and 2023, Roderick de Greef served as our PEO (the "Second PEO"). For the years of 2022, 2021, and 2020, Michael Rice served as our PEO (the "First PEO"). Our Non-PEO NEOs for each fiscal year presented were as follows:
YearNon-PEO NEOs During Each Year
2024Aby J. Mathew, Troy Wichterman, Todd Berard, Garrie Richardson, Karen Foster
2023Aby J. Mathew, Troy Wichterman, Geraint Phillips, Karen Foster
2022Aby J. Mathew, Roderick de Greef, Troy Wichterman, Karen Foster
2021Aby J. Mathew, Roderick de Greef, Troy Wichterman, Marcus Schulz
2020Aby J. Mathew, Roderick de Greef, Karen Foster, Todd Berard
       
Peer Group Issuers, Footnote
(4)For the year ended December 31, 2024, the Company updated its peer group from the peer group utilized during the year ended December 31, 2023. The Company utilized a compensation consultant, FW Cook, to determine its peer group and noted that, due to the changes the Company experienced in addition to changes in ownership of some of the companies within the 2023 peer group, the peer group needed to be updated to more accurately reflect the Company's operational structure and results. The new Peer Group TSR displayed is therefore different from our prior year Proxy statement. The old Peer Group TSR presented for the years ended December 31, 2020, 2021, 2022, and 2023 were $182.96, $185.83, $125.24, and $92.91, respectively.
       
PEO Total Compensation Amount $ 7,046,205 $ 5,316,798 $ 4,729,170 $ 2,249,907 $ 1,478,511
PEO Actually Paid Compensation Amount $ 12,358,698 4,739,223 5,402,825 7,321,384 6,469,889
Adjustment To PEO Compensation, Footnote The CAP amounts presented here reflect the following adjustments to compensation reported within the Summary Compensation Table as required by the SEC.
FY 2024
Adjustments to Summary Compensation Table amounts to CAP amounts(a)
Second PEO ($)Average Non-
PEO NEOs
($)
Summary Compensation Table Total$7,046,205 $1,663,485 
Summary Compensation Table grant date fair value ("FV") of option awards and stock awards granted in fiscal year(5,571,874)(1,023,171)
FV at year-end of outstanding and unvested option awards and stock awards granted in fiscal year4,779,104 1,116,006 
Vesting date FV of awards granted in fiscal year and vested in same fiscal year— 651,833 
Change in FV of awards granted in prior years that are outstanding and unvested as of the end of the fiscal year5,280,777 334,157 
Change in FV of awards granted in prior years vested in the covered fiscal year824,486 (191,228)
Change in FV (from prior fiscal year-end) of awards granted in prior years that failed to meet vesting conditions in the fiscal year— — 
Value of dividends or other earnings paid on awards not otherwise reflected in FV or total compensation in the Summary Compensation Table for the fiscal year — — 
Total Compensation Actually Paid$12,358,698 $2,551,082 
(a) The fair value or change in fair value, as applicable, of stock awards and option awards was determined by reference to (x) for service-vesting RSUs and restricted stock awards, the closing price of the Common Stock on the applicable measurement date, (y) for market-conditioned (TSR-based) RSUs, a Monte Carlo simulation with reference to the risk free rate, dividend yield and volatility assumptions as of the applicable measurement date, and
(z) performance-conditioned stock awards, the closing price of the Common Stock on the applicable measurement date and the probability of achievement of the applicable performance goals on the applicable measurement date. For stock options, the fair value or change in fair value, as applicable, was determined using a Black-Scholes valuation model. The model references the closing stock price, in addition to the stock option’s strike price, expected life, volatility, expected dividend yield, and risk-free rate as of the measurement date.
       
Non-PEO NEO Average Total Compensation Amount $ 1,663,485 1,367,151 1,795,669 1,005,796 1,432,993
Non-PEO NEO Average Compensation Actually Paid Amount $ 2,551,082 1,089,247 1,727,067 2,886,005 4,369,889
Adjustment to Non-PEO NEO Compensation Footnote The CAP amounts presented here reflect the following adjustments to compensation reported within the Summary Compensation Table as required by the SEC.
FY 2024
Adjustments to Summary Compensation Table amounts to CAP amounts(a)
Second PEO ($)Average Non-
PEO NEOs
($)
Summary Compensation Table Total$7,046,205 $1,663,485 
Summary Compensation Table grant date fair value ("FV") of option awards and stock awards granted in fiscal year(5,571,874)(1,023,171)
FV at year-end of outstanding and unvested option awards and stock awards granted in fiscal year4,779,104 1,116,006 
Vesting date FV of awards granted in fiscal year and vested in same fiscal year— 651,833 
Change in FV of awards granted in prior years that are outstanding and unvested as of the end of the fiscal year5,280,777 334,157 
Change in FV of awards granted in prior years vested in the covered fiscal year824,486 (191,228)
Change in FV (from prior fiscal year-end) of awards granted in prior years that failed to meet vesting conditions in the fiscal year— — 
Value of dividends or other earnings paid on awards not otherwise reflected in FV or total compensation in the Summary Compensation Table for the fiscal year — — 
Total Compensation Actually Paid$12,358,698 $2,551,082 
(a) The fair value or change in fair value, as applicable, of stock awards and option awards was determined by reference to (x) for service-vesting RSUs and restricted stock awards, the closing price of the Common Stock on the applicable measurement date, (y) for market-conditioned (TSR-based) RSUs, a Monte Carlo simulation with reference to the risk free rate, dividend yield and volatility assumptions as of the applicable measurement date, and
(z) performance-conditioned stock awards, the closing price of the Common Stock on the applicable measurement date and the probability of achievement of the applicable performance goals on the applicable measurement date. For stock options, the fair value or change in fair value, as applicable, was determined using a Black-Scholes valuation model. The model references the closing stock price, in addition to the stock option’s strike price, expected life, volatility, expected dividend yield, and risk-free rate as of the measurement date.
       
Compensation Actually Paid vs. Total Shareholder Return
Chart 1: Compensation Actually Paid versus Company TSR and new peer-group TSR
56915
       
Compensation Actually Paid vs. Net Income
Chart 2: Compensation Actually Paid versus GAAP Net (Loss) Income
56983
       
Compensation Actually Paid vs. Company Selected Measure
Chart 3: Compensation Actually Paid versus Revenue
57036
       
Total Shareholder Return Vs Peer Group
Chart 1: Compensation Actually Paid versus Company TSR and new peer-group TSR
56915
       
Tabular List, Table
Financial Performance Measures
The following list includes the financial performance measures that, in our assessment, represent the most important financial performance measures used by us to link CAP to our NEOs for 2024 to our performance. The list below is not ranked.
1.Revenue
2.Adjusted EBITDA (Non-GAAP)(1)
3.Total Shareholder Return
       
Total Shareholder Return Amount $ 160.44 100.43 112.48 230.35 246.54
Peer Group Total Shareholder Return Amount 109.19 100.17 124.41 192.28 187.29
Net Income (Loss) $ (20,184,000) $ (66,427,000) $ (139,805,000) $ (8,908,000) $ 1,983,000
Company Selected Measure Amount 119,992,000 143,271,000 161,759,000 119,156,000 48,087,000
PEO Name Roderick de Greef Roderick de Greef Michael Rice Michael Rice Michael Rice
Additional 402(v) Disclosure This column represents the amount of net (loss) income reflected in the Company’s audited financial statements for the applicable fiscal year. The results presented are on a consolidated basis, meaning they are inclusive of results from both continuing and discontinued operations.In our assessment, the Company-Selected Measure is revenue for each year presented, representing the most important financial performance measure used by us to link CAP to our NEOs to our performance. The results presented are on a consolidated basis, meaning they are inclusive of results from both continuing and discontinued operations.
Relationship between CAP and Performance Measures
In accordance with Item 402(v) requirements, we are providing the following charts to describe the relationships between CAP to our First PEO, Second PEO, and average Non-PEO NEOs and our financial performance, in each case presented in the charts below: (1) TSR of BioLife Solutions, Inc., (2) Net (Loss) Income*, and (3) Revenue*. The charts
further provide a comparison of TSR of BioLife Solutions, Inc. and our selected peer group, in accordance with Item 402(v) requirements.
*The financial results presented here are on a consolidated basis, meaning they are inclusive of results from both continuing and discontinued operations during the year ended December 31, 2024. This is for greater comparability in operational results for all years presented for the Pay Versus Performance disclosures.
(1) Adjusted EBITDA is a non-GAAP financial measure. Please see the Non-GAAP financial measure reconciliation table above.
       
Measure:: 1          
Pay vs Performance Disclosure          
Name Revenue        
Measure:: 2          
Pay vs Performance Disclosure          
Name Adjusted EBITDA (Non-GAAP)(1)        
Measure:: 3          
Pay vs Performance Disclosure          
Name Total Shareholder Return        
PEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ (5,571,874)        
PEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 4,779,104        
PEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 5,280,777        
PEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0        
PEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 824,486        
Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (1,023,171)        
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 1,116,006        
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 334,157        
Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 651,833        
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ (191,228)