Balance Sheets (Unaudited) (USD $)	Mar. 31, 2015	Dec. 31, 2014
Current assets
Cash and cash equivalents	$ 2,971,840	$ 2,538,758
Short term investments	5,606,453us-gaap_ShortTermInvestments	7,399,636us-gaap_ShortTermInvestments
Accounts receivable, trade, net of allowance for doubtful accounts of $0 at March 31, 2015 and December 31, 2014	851,044us-gaap_AccountsReceivableNetCurrent	901,623us-gaap_AccountsReceivableNetCurrent
Inventories	1,242,787us-gaap_InventoryNet	965,224us-gaap_InventoryNet
Prepaid expenses and other current assets	289,018	360,521
Total current assets	10,961,142us-gaap_AssetsCurrent	12,165,762us-gaap_AssetsCurrent
Property and equipment
Leasehold improvements	1,284,491us-gaap_LeaseholdImprovementsGross	1,284,491us-gaap_LeaseholdImprovementsGross
Furniture and computer equipment	500,313us-gaap_FurnitureAndFixturesGross	476,788us-gaap_FurnitureAndFixturesGross
Manufacturing and other equipment	989,989us-gaap_MachineryAndEquipmentGross	972,386us-gaap_MachineryAndEquipmentGross
Subtotal	2,774,793us-gaap_PropertyPlantAndEquipmentGross	2,733,665us-gaap_PropertyPlantAndEquipmentGross
Less: Accumulated depreciation	(1,161,706)	(1,078,060)
Net property and equipment	1,613,087us-gaap_PropertyPlantAndEquipmentNet	1,655,605us-gaap_PropertyPlantAndEquipmentNet
Internal use software	334,640us-gaap_CapitalizedComputerSoftwareNet	0us-gaap_CapitalizedComputerSoftwareNet
Intangible asset	2,215,385	2,215,385
Long term deposits	36,166us-gaap_DepositsAssetsNoncurrent	36,166us-gaap_DepositsAssetsNoncurrent
Total assets	15,160,420us-gaap_Assets	16,072,918us-gaap_Assets
Current liabilities
Accounts payable	900,348us-gaap_AccountsPayableCurrent	474,662us-gaap_AccountsPayableCurrent
Accrued expenses and other current liabilities	160,898us-gaap_AccruedLiabilitiesCurrent	121,869us-gaap_AccruedLiabilitiesCurrent
Accrued compensation	272,923	535,029
Deferred rent	130,216us-gaap_DeferredRentCreditCurrent	130,216us-gaap_DeferredRentCreditCurrent
Total current liabilities	1,464,385us-gaap_LiabilitiesCurrent	1,261,776us-gaap_LiabilitiesCurrent
Long term liabilities
Deferred rent, long term	848,041us-gaap_DeferredRentCreditNoncurrent	874,825us-gaap_DeferredRentCreditNoncurrent
Total liabilities	2,312,426us-gaap_Liabilities	2,136,601us-gaap_Liabilities
Commitments and Contingencies (Note 10)
Shareholders' equity (deficiency)
Common stock, $0.001 par value; 150,000,000 shares authorized,12,107,101 and 12,084,859 shares issued and outstanding at March 31, 2015 and December 31, 2014	12,107us-gaap_CommonStockValue	12,084us-gaap_CommonStockValue
Additional paid-in capital	71,969,748	71,911,328
Accumulated other comprehensive loss	(949)	(6,448)
Accumulated deficit	(61,144,469)	(60,112,987)
Total shareholders' equity (deficiency)	10,836,437us-gaap_StockholdersEquity	11,803,977us-gaap_StockholdersEquity
Total non-controlling interest equity (deficiency)	2,011,557us-gaap_MinorityInterest	2,132,340us-gaap_MinorityInterest
Total BioLife Solutions, Inc. shareholders' equity (deficiency)	12,847,994	13,936,317
Total liabilities and shareholders' equity (deficiency)	$ 15,160,420	$ 16,072,918

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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