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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
REVENUES:    
Grant income $ 11 $ 1,487
Royalties from product sales and license fees 110 200
Subscription and advertisement revenues 264 343
Sale of research products 5 43
Total revenues 390 2,073
Cost of sales (57) (225)
Gross profit 333 1,848
OPERATING EXPENSES:    
Research and development 6,494 13,734
General and administrative 5,101 11,872
Total operating expenses 11,595 25,606
Loss from operations (11,262) (23,758)
OTHER INCOME/(EXPENSES):    
Interest expense, net (306) (132)
BioTime's share of losses in equity method investment in Ascendance Biotechnology, Inc. 0 (235)
Gain on deconsolidation of OncoCyte 71,697 0
Loss on equity method investment in Asterias at fair value (26,097) 0
Gain on equity method investment in OncoCyte at fair value 16,142 0
Other income, net 727 128
Total other income/(expense), net 62,163 (239)
INCOME (LOSS) BEFORE INCOME TAX BENEFIT 50,901 (23,997)
Deferred income tax provision (3,877) 0
NET INCOME (LOSS) 47,024 (23,997)
Net loss attributable to non-controlling interest 2,264 6,885
NET INCOME (LOSS) ATTRIBUTABLE TO BIOTIME, INC. $ 49,288 $ (17,112)
NET INCOME (LOSS) PER COMMON SHARE:    
BASIC (in dollars per share) $ 0.46 $ (0.19)
DILUTED (in dollars per share) $ 0.46 $ (0.19)
WEIGHTED AVERAGE NUMBER OF SHARES OF COMMON STOCK OUTSTANDING:    
BASIC (in shares) 106,712 90,421
DILUTED (in shares) 107,384 90,421