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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
REVENUES:      
Grant income $ 3,671 $ 4,502 $ 3,297
Royalties from product sales and license fees 544 719 398
Subscription and advertisement 972 1,357 1,173
Sale of research products and services 736 458 376
Total revenues 5,923 7,036 5,244
Cost of sales (358) (1,107) (837)
Gross profit 5,565 5,929 4,407
OPERATING EXPENSES:      
Research and development (36,106) (42,604) (37,533)
General and administrative (28,426) (29,134) (17,556)
Total operating expenses (64,532) (71,738) (55,089)
Loss from operations (58,967) (65,809) (50,682)
OTHER INCOME/(EXPENSES):      
Interest expense, net (747) (340) (89)
BioTime's share of losses and impairment in equity method investment in Ascendance (4,671) (35) 0
Gain on deconsolidation of Asterias (Note 3) 49,048 0 0
Gain on equity method investment in Asterias at fair value (Note 4) 34,361 0 0
Gain on investment 0 3,694 0
Other income/(expense), net (403) (160) (384)
Total other income/(expense), net 77,588 3,159 (473)
INCOME (LOSS) BEFORE INCOME TAX BENEFIT 18,621 (62,650) (51,155)
Deferred income tax benefit 0 4,516 7,376
NET INCOME (LOSS) 18,621 (58,134) (43,779)
Net loss attributable to noncontrolling interest 14,951 11,143 7,367
NET INCOME (LOSS) ATTRIBUTABLE TO BIOTIME, INC. 33,572 (46,991) (36,412)
Preferred stock dividend 0 (415) (87)
NET INCOME (LOSS) ATTRIBUTABLE TO BIOTIME, INC. COMMON SHAREHOLDERS $ 33,572 $ (47,406) $ (36,499)
NET INCOME (LOSS) PER COMMON SHARE:      
BASIC (in dollars per share) $ 0.35 $ (0.59) $ (0.55)
DILUTED (in dollars per share) $ 0.34 $ (0.59) $ (0.55)
WEIGHTED AVERAGE NUMBER OF SHARES OF COMMON STOCK OUTSTANDING:      
BASIC (in shares) 97,316 79,711 66,467
DILUTED (in shares) 99,553 79,711 66,467