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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2020 | Jun. 30, 2019 | Jun. 30, 2020 | Jun. 30, 2019
REVENUES: |  |  |  |
Product revenue | $ 7,751,885 | $ 6,525,233 | $ 17,915,921 | $ 10,018,114
License revenue | 35,709 | 35,709 | 71,417 | 71,417
Total Revenues | 7,787,594 | 6,560,942 | 17,987,338 | 10,089,531
OPERATING EXPENSES: |  |  |  |
Cost of product revenue (exclusive of amortization expense shown below) | 13,495,629 | 10,491,236 | 30,324,855 | 19,896,415
Research and development | 1,656,420 | 516,986 | 3,185,158 | 1,387,621
Plasma center operating expenses | 877,902 | 594,113 | 1,378,546 | 1,248,599
Amortization of intangible assets | 178,838 | 211,234 | 357,676 | 422,469
Selling, general and administrative | 8,702,630 | 6,086,047 | 16,634,714 | 11,681,517
Total operating expenses | 24,911,419 | 17,899,616 | 51,880,949 | 34,636,621
LOSS FROM OPERATIONS | (17,123,825) | (11,338,674) | (33,893,611) | (24,547,090)
OTHER INCOME (EXPENSE): |  |  |  |
Interest and other income | 19,411 | 209,808 | 267,479 | 337,207
Interest expense | (3,067,306) | (2,072,578) | (5,784,397) | (3,613,085)
Loss on extinguishment of debt | 0 | 0 | 0 | (9,962,495)
Gain on transfer of plasma center assets | 0 | 0 | 0 | 11,527,421
Other expense, net | (6,371) | (10,428) | (12,792) | (21,785)
Other expense, net | (3,054,266) | (1,873,198) | (5,529,710) | (1,732,737)
NET LOSS | $ (20,178,091) | $ (13,211,872) | $ (39,423,321) | $ (26,279,827)
BASIC AND DILUTED LOSS PER COMMON SHARE | $ (0.23) | $ (0.25) | $ (0.49) | $ (0.53)
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING: Basic and Diluted | 86,347,467 | 52,206,204 | 80,064,641 | 49,295,805

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