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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (unaudited) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
REVENUES:        
License fees $ 300,079 $ 362,249 $ 594,582 $ 712,078
Royalties from product sales 76,109 103,315 173,996 210,914
Grant income 640,034 693,480 1,215,614 777,293
Sale of research products 90,478 57,281 189,068 124,005
Total revenues 1,106,700 1,216,325 2,173,260 1,824,290
Cost of sales (251,265) (180,811) (383,179) (363,560)
Gross Profit 855,435 1,035,514 1,790,081 1,460,730
EXPENSES:        
Research and development (9,081,137) (5,530,395) (17,469,570) (10,975,825)
General and administrative (4,835,972) (3,621,570) (8,503,259) (7,005,091)
Total operating expenses (13,917,109) (9,151,965) (25,972,829) (17,980,916)
Loss from operations (13,061,674) (8,116,451) (24,182,748) (16,520,186)
OTHER INCOME/(EXPENSES):        
Interest (expense)/income, net (10,024) 579 (18,398) 1,522
Gain/(loss) on sale or write off of fixed assets 0 800 (8,576) (710)
Other income/(expense), net 164,732 (80,541) 242,868 (109,520)
Total other expenses, net 154,708 (79,162) 215,894 (108,708)
LOSS BEFORE INCOME TAX BENEFIT (12,906,966) (8,195,613) (23,966,854) (16,628,894)
Deferred income tax benefit 1,513,258 0 2,862,284 0
NET LOSS (11,393,708) (8,195,613) (21,104,570) (16,628,894)
Net loss attributable to noncontrolling interest 1,873,518 645,848 3,495,735 1,346,503
NET LOSS ATTRIBUTABLE TO BIOTIME, INC. (9,520,190) (7,549,765) (17,608,835) (15,282,391)
Dividends on preferred shares (34,038) 0 (34,038) 0
Net loss attributable to common shareholders (9,554,228) (7,549,765) (17,642,873) (15,282,391)
Unrealized gain/(loss) on available-for-sale assets 1,120 0 (1,530) 0
Foreign currency translation (loss)/gain (74,831) 28,857 (182,071) 177,294
TOTAL COMPREHENSIVE NET LOSS $ (9,593,901) $ (7,520,908) $ (17,792,436) $ (15,105,097)
BASIC AND DILUTED NET LOSS PER COMMON SHARE $ (0.16) $ (0.14) $ (0.29) $ (0.29)
WEIGHTED AVERAGE NUMBER OF COMMON STOCK OUTSTANDING: BASIC AND DILUTED 61,498,164 53,791,434 61,498,164 52,490,767