Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

v2.4.1.9
CONSOLIDATED BALANCE SHEETS (USD $)
Dec. 31, 2014
Dec. 31, 2013
Current Assets:    
Cash and cash equivalents $ 17,199,030us-gaap_CashAndCashEquivalentsAtCarryingValue $ 26,149,477us-gaap_CashAndCashEquivalentsAtCarryingValue
Short-Term Investments 4,652,675us-gaap_ShortTermInvestments 2,935,184us-gaap_ShortTermInvestments
Accounts Receivable 383,961us-gaap_AccountsReceivableNetCurrent 0us-gaap_AccountsReceivableNetCurrent
Inventories 1,708,763us-gaap_InventoryNet 1,669,058us-gaap_InventoryNet
Prepaid Expenses 143,586us-gaap_PrepaidExpenseAndOtherAssetsCurrent 298,730us-gaap_PrepaidExpenseAndOtherAssetsCurrent
Total Current Assets 24,088,015us-gaap_AssetsCurrent 31,052,449us-gaap_AssetsCurrent
Property and Equipment at cost, Net 2,840,698us-gaap_PropertyPlantAndEquipmentNet 765,299us-gaap_PropertyPlantAndEquipmentNet
Other Assets:    
Deferred Financing Costs 271,621us-gaap_DeferredCosts 149,618us-gaap_DeferredCosts
Deposits 27,163us-gaap_DepositsAssetsNoncurrent 12,577us-gaap_DepositsAssetsNoncurrent
Total Other Assets 298,784us-gaap_AssetsNoncurrent 162,195us-gaap_AssetsNoncurrent
TOTAL ASSETS 27,227,497us-gaap_Assets 31,979,943us-gaap_Assets
Current Liabilities:    
Accounts Payable 1,779,197us-gaap_AccountsPayableCurrent 2,709,489us-gaap_AccountsPayableCurrent
Accrued expenses 2,223,639us-gaap_AccruedLiabilitiesCurrent 823,550us-gaap_AccruedLiabilitiesCurrent
Accrued Interest 105,664us-gaap_InterestPayableCurrent 36,597us-gaap_InterestPayableCurrent
Current Portion of Deferred Revenue 75,556ADMA_CurrentPortionOfDeferredRevenue 75,556ADMA_CurrentPortionOfDeferredRevenue
Current Portion of Leasehold Improvement Loan 13,841us-gaap_CapitalLeaseObligationsCurrent 12,654us-gaap_CapitalLeaseObligationsCurrent
Total Current Liabilities 4,197,897us-gaap_LiabilitiesCurrent 3,657,846us-gaap_LiabilitiesCurrent
Notes Payable, Net of Debt Discount 14,772,266us-gaap_LongTermNotesPayable 4,865,228us-gaap_LongTermNotesPayable
Warrant Liability 476,760us-gaap_DerivativeLiabilitiesNoncurrent 0us-gaap_DerivativeLiabilitiesNoncurrent
End of Term Liability, Notes Payable 132,500us-gaap_OtherLiabilitiesNoncurrent 132,500us-gaap_OtherLiabilitiesNoncurrent
Deferred Revenue 1,504,815us-gaap_DeferredRevenueNoncurrent 1,580,370us-gaap_DeferredRevenueNoncurrent
Deferred Rent Liability 83,214us-gaap_DeferredCreditsAndOtherLiabilitiesNoncurrent 105,404us-gaap_DeferredCreditsAndOtherLiabilitiesNoncurrent
Leasehold Improvement Loan 51,395us-gaap_CapitalLeaseObligationsNoncurrent 65,236us-gaap_CapitalLeaseObligationsNoncurrent
TOTAL LIABILITIES 21,218,847us-gaap_Liabilities 10,406,584us-gaap_Liabilities
COMMITMENTS AND CONTINGENCIES      
STOCKHOLDERS' EQUITY    
Common Stock $0.0001 par value 75,000,000 shares authorized, and 9,291,823 shares issued and outstanding 929us-gaap_CommonStockValue 929us-gaap_CommonStockValue
Additional paid-in capital 75,457,458us-gaap_AdditionalPaidInCapital 74,209,004us-gaap_AdditionalPaidInCapital
Accumulated Deficit (69,449,737)us-gaap_RetainedEarningsAccumulatedDeficit (52,636,574)us-gaap_RetainedEarningsAccumulatedDeficit
TOTAL STOCKHOLDERS' EQUITY 6,008,650us-gaap_StockholdersEquity 21,573,359us-gaap_StockholdersEquity
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 27,227,497us-gaap_LiabilitiesAndStockholdersEquity $ 31,979,943us-gaap_LiabilitiesAndStockholdersEquity