Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS

v2.4.1.9
CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
REVENUES:    
Product revenue $ 5,839,989us-gaap_SalesRevenueNet $ 3,023,503us-gaap_SalesRevenueNet
License revenue 75,556ADMA_LicenseRevenue 44,074ADMA_LicenseRevenue
Total Revenues 5,915,545us-gaap_Revenues 3,067,577us-gaap_Revenues
OPERATING EXPENSES:    
Cost of product revenue 3,742,367us-gaap_CostOfGoodsSold 2,023,441us-gaap_CostOfGoodsSold
Research and development 9,517,014us-gaap_ResearchAndDevelopmentExpense 9,303,077us-gaap_ResearchAndDevelopmentExpense
Plasma center 3,850,828us-gaap_OtherCostAndExpenseOperating 2,418,156us-gaap_OtherCostAndExpenseOperating
General and administrative 4,823,869us-gaap_GeneralAndAdministrativeExpense 4,365,334us-gaap_GeneralAndAdministrativeExpense
TOTAL OPERATING EXPENSES 21,934,078us-gaap_OperatingExpenses 18,110,008us-gaap_OperatingExpenses
LOSS FROM OPERATIONS (16,018,533)us-gaap_OperatingIncomeLoss (15,042,431)us-gaap_OperatingIncomeLoss
OTHER INCOME (EXPENSE):    
Interest income 14,217us-gaap_InterestIncomeOther 7,623us-gaap_InterestIncomeOther
Interest expense (1,286,215)us-gaap_InterestExpense (618,225)us-gaap_InterestExpense
Change in fair value of warrant liability (74,356)us-gaap_GainLossOnDerivativeInstrumentsNetPretax 43,290us-gaap_GainLossOnDerivativeInstrumentsNetPretax
Other income 0us-gaap_OtherIncome 82,497us-gaap_OtherIncome
TOTAL OTHER INCOME (EXPENSE) (1,346,354)us-gaap_NonoperatingIncomeExpense (484,815)us-gaap_NonoperatingIncomeExpense
LOSS BEFORE INCOME TAXES (17,364,887)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest (15,527,246)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
State income tax benefit 551,724us-gaap_CurrentIncomeTaxExpenseBenefit 0us-gaap_CurrentIncomeTaxExpenseBenefit
NET LOSS $ (16,813,163)us-gaap_NetIncomeLoss $ (15,527,246)us-gaap_NetIncomeLoss
NET LOSS PER COMMON SHARE, Basic and Diluted $ (1.81)us-gaap_EarningsPerShareBasicAndDiluted $ (2.38)us-gaap_EarningsPerShareBasicAndDiluted
WEIGHTED AVERAGE SHARES OUTSTANDING, Basic and Diluted 9,291,823us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted 6,531,029us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted