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SEGMENTS (Tables) | 3 Months Ended
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Mar. 31, 2023
SEGMENTS [Abstract] |
Summarized Financial Information Concerning Reportable Segments | Summarized financial information concerning reportable segments is shown in the following tables:
Three Months Ended March 31, 2023 |
|  | ADMA |  |  | Plasma Collection |  |  |  |  |  |  |
|  | BioManufacturing |  |  | Centers |  |  | Corporate |  |  | Consolidated |
Revenues |  | $ | 49,576,935 |  |  | $ | 7,300,891 |  |  | $ | 35,708 |  |  | $ | 56,913,534 |
Cost of product revenue |  |  | 33,933,782 |  |  |  | 6,466,762 |  |  |  | - |  |  |  | 40,400,544 |
Income (loss) from operations |  |  | 5,476,441 |  |  |  | (946,334 | ) |  |  | (5,343,425 | ) |  |  | (813,318 | )
Interest and other expense, net |  |  | (23,779 | ) |  |  | (227 | ) |  |  | (5,951,491 | ) |  |  | (5,975,497 | )
Net income (loss) |  |  | 5,452,662 |  |  |  | (946,561 | ) |  |  | (11,294,916 | ) |  |  | (6,788,815 | )
Capital expenditures |  |  | 452,032 |  |  |  | 1,492,564 |  |  |  | - |  |  |  | 1,944,596 |
Depreciation and amortization expense |  |  | 1,292,608 |  |  |  | 740,357 |  |  |  | - |  |  |  | 2,032,965 |
Total assets |  |  | 234,894,891 |  |  |  | 38,853,662 |  |  |  | 67,038,989 |  |  |  | 340,787,542 |
Three Months Ended March 31, 2022 |
|  | ADMA |  |  | Plasma Collection |  |  |  |  |  |  |
|  | BioManufacturing |  |  | Centers |  |  | Corporate |  |  | Consolidated |
Revenues |  | $ | 25,728,625 |  |  | $ | 3,338,760 |  |  | $ | 35,708 |  |  | $ | 29,103,093 |
Cost of product revenue |  |  | 22,213,781 |  |  |  | 3,227,265 |  |  |  | - |  |  |  | 25,441,046 |
Loss from operations |  |  | (4,442,684 | ) |  |  | (3,863,094 | ) |  |  | (6,509,288 | ) |  |  | (14,815,066 | )
Interest and other expense, net |  |  | (49,267 | ) |  |  | (729 | ) |  |  | (3,472,854 | ) |  |  | (3,522,850 | )
Loss on extinguishment of debt |  |  | - |  |  |  | - |  |  |  | (6,669,941 | ) |  |  | (6,669,941 | )
Net loss |  |  | (4,491,951 | ) |  |  | (3,863,823 | ) |  |  | (16,652,083 | ) |  |  | (25,007,857 | )
Capital expenditures |  |  | 1,310,379 |  |  |  | 1,531,706 |  |  |  | - |  |  |  | 2,842,085 |
Depreciation and amortization expense |  |  | 1,111,951 |  |  |  | 477,503 |  |  |  | 763 |  |  |  | 1,590,217 |
Total assets |  |  | 214,150,322 |  |  |  | 32,568,911 |  |  |  | 61,313,259 |  |  |  | 308,032,492 |
Net Revenues According to Geographic Area | Net revenues according to geographic area, based on the location of where the product is shipped, is as follows:
|  | Three Months Ended March 31, |
|  | 2023 |  |  | 2022 |
United States |  | $ | 52,694,723 |  |  | $ | 27,316,151 |
International |  |  | 4,218,811 |  |  |  | 1,786,942 |
Total revenues |  | $ | 56,913,534 |  |  | $ | 29,103,093 |

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + Details
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