<SEC-DOCUMENT>0001140361-25-017704.txt : 20250507
<SEC-HEADER>0001140361-25-017704.hdr.sgml : 20250507
<ACCEPTANCE-DATETIME>20250507161224
ACCESSION NUMBER:		0001140361-25-017704
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		16
CONFORMED PERIOD OF REPORT:	20250505
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20250507
DATE AS OF CHANGE:		20250507

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ADMA BIOLOGICS, INC.
		CENTRAL INDEX KEY:			0001368514
		STANDARD INDUSTRIAL CLASSIFICATION:	BIOLOGICAL PRODUCTS (NO DIAGNOSTIC SUBSTANCES) [2836]
		ORGANIZATION NAME:           	03 Life Sciences
		EIN:				562590442
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-36728
		FILM NUMBER:		25921490

	BUSINESS ADDRESS:	
		STREET 1:		C/O ADMA BIOLOGICS, INC.
		STREET 2:		465 STATE ROUTE 17
		CITY:			RAMSEY
		STATE:			NJ
		ZIP:			07446
		BUSINESS PHONE:		(201) 478-5552

	MAIL ADDRESS:	
		STREET 1:		C/O ADMA BIOLOGICS, INC.
		STREET 2:		465 STATE ROUTE 17
		CITY:			RAMSEY
		STATE:			NJ
		ZIP:			07446

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	R&R ACQUISITION VI, INC
		DATE OF NAME CHANGE:	20060707
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>ef20048524_8k.htm
<DESCRIPTION>8-K
<TEXT>
<XBRL>
<?xml version='1.0' encoding='ASCII'?>
<html xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xbrldi="http://xbrl.org/2006/xbrldi" xmlns:iso4217="http://www.xbrl.org/2003/iso4217" xmlns:srt="http://fasb.org/srt/2024" xmlns:ix="http://www.xbrl.org/2013/inlineXBRL" xmlns:ixt="http://www.xbrl.org/inlineXBRL/transformation/2020-02-12" xmlns:ixt-sec="http://www.sec.gov/inlineXBRL/transformation/2015-08-31" xmlns:us-gaap="http://fasb.org/us-gaap/2024" xmlns:dei="http://xbrl.sec.gov/dei/2024" xmlns:country="http://xbrl.sec.gov/country/2024" xmlns:currency="http://xbrl.sec.gov/currency/2024" xmlns:dtr-types="http://www.xbrl.org/dtr/type/2022-03-31" xmlns:utr="http://www.xbrl.org/2009/utr" xmlns:naics="http://xbrl.sec.gov/naics/2024" xmlns:sic="http://xbrl.sec.gov/sic/2024" xmlns:stpr="http://xbrl.sec.gov/stpr/2024" xmlns:exch="http://xbrl.sec.gov/exch/2024" xmlns:cef="http://xbrl.sec.gov/cef/2024" xmlns:cyd="http://xbrl.sec.gov/cyd/2024" xmlns:adma="http://admabiologics.com/20250505" xmlns="http://www.w3.org/1999/xhtml">
  <head>
    <title></title>
    <!-- Licensed to: Summit, a Broadridge Company
         Document created using Broadridge PROfile 25.3.2.5298
         Copyright 1995 - 2025 Broadridge -->
    <meta http-equiv="Content-Type" content="text/html"/>
</head>

<body style="font-family: 'Times New Roman'; font-size: 10pt; text-align: left; color: #000000; background-color: #ffffff;">
<div id="DSPFiXBRLHidden" style="display: none;"><ix:header><ix:hidden><ix:nonNumeric name="dei:AmendmentFlag" id="Fact_7e49b99309e34bda95e03991d21d5688" contextRef="c20250505to20250505" format="ixt:fixed-false">false</ix:nonNumeric><ix:nonNumeric name="dei:EntityCentralIndexKey" id="Fact_8b2fd28adcf649a0b4a3da9907b64f87" contextRef="c20250505to20250505">0001368514</ix:nonNumeric></ix:hidden><ix:references><link:schemaRef xlink:href="adma-20250505.xsd" xlink:type="simple"/></ix:references><ix:resources><xbrli:context id="c20250505to20250505"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001368514</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:startDate>2025-05-05</xbrli:startDate><xbrli:endDate>2025-05-05</xbrli:endDate></xbrli:period></xbrli:context></ix:resources></ix:header></div>
<div style="line-height: initial;">
  <div><span style="font-size: 10pt;"> </span></div>

  <div>
    <hr style="border: none; border-bottom: 1px solid black; border-top: 4px solid black; height: 10px; color: #ffffff; background-color: #ffffff; text-align: center; margin-left: auto; margin-right: auto;"/>
    <div>
      <div style="text-align: center; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"><a id="z_Hlk190943605"></a><span style="font-size: 14pt;">UNITED STATES</span></div>

      <div style="text-align: center; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 14pt; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</div>

      <div style="text-align: center; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 12pt; font-weight: bold;">Washington, D.C. 20549</div>

      <div style="font-size: 10pt;"><br/>
      </div>

      <div style="text-align: center; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 18pt; font-weight: bold;">FORM <ix:nonNumeric name="dei:DocumentType" id="Fact_049ad111696e43a686ed070854bc89b6" contextRef="c20250505to20250505">8-K</ix:nonNumeric></div>

      <div style="font-size: 10pt;"><br/>
      </div>

      <div style="text-align: center; color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">CURRENT REPORT</div>

      <div style="font-size: 10pt;"><br/>
      </div>

      <div style="text-align: center; color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</div>

      <div style="font-size: 10pt;"><br/>
      </div>

      <div style="text-align: center; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">Date of Report (Date of earliest event reported): <ix:nonNumeric name="dei:DocumentPeriodEndDate" id="Fact_faf45bdbb62e461e8408967e4e52bfff" contextRef="c20250505to20250505" format="ixt:date-monthname-day-year-en">May 5, 2025</ix:nonNumeric></div>

      <div style="font-size: 10pt;"><br/>
      </div>

      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000; border-spacing: 0;">


  <tr>

    <td style="width: 100%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-size: 24pt;">
              <div style="text-align: center; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-weight: bold;"><ix:nonNumeric name="dei:EntityRegistrantName" id="Fact_4e2be61ea5a748abb1a774a162760812" contextRef="c20250505to20250505">ADMA BIOLOGICS, INC.</ix:nonNumeric><br/>
              </div>
            </td>

  </tr>

  <tr>

    <td style="width: 100%; vertical-align: bottom; font-size: 10pt;">
              <div style="text-align: center; color: rgb(0, 0, 0); font-family: 'Times New Roman';">(Exact name of registrant as specified in its charter)</div>
            </td>

  </tr>


</table>
      <div style="font-size: 10pt;"><br/>
      </div>

      <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000; border-spacing: 0;">


  <tr>

    <td style="width: 33%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt;">
              <div style="text-align: center; color: rgb(0, 0, 0); font-family: 'Times New Roman';"><ix:nonNumeric name="dei:EntityIncorporationStateCountryCode" id="Fact_51fc7f5595fe4cbc9a2168ce2eb04d89" contextRef="c20250505to20250505" format="ixt-sec:stateprovnameen">Delaware</ix:nonNumeric><br/>
              </div>
            </td>

    <td style="width: 34%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt;">
              <div style="text-align: center; color: rgb(0, 0, 0); font-family: 'Times New Roman';"><ix:nonNumeric name="dei:EntityFileNumber" id="Fact_8d4580a1cb994c2b8bb36d3aed36d8b2" contextRef="c20250505to20250505">001-36728</ix:nonNumeric><br/>
              </div>
            </td>

    <td style="width: 33%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt;">
              <div style="text-align: center; color: rgb(0, 0, 0); font-family: 'Times New Roman';"><ix:nonNumeric name="dei:EntityTaxIdentificationNumber" id="Fact_e0b74195be4d47ee923d7c15a01fc2bf" contextRef="c20250505to20250505">56-2590442</ix:nonNumeric><br/>
              </div>
            </td>

  </tr>

  <tr>

    <td style="width: 33%; vertical-align: bottom; font-size: 10pt;">
              <div style="text-align: center; color: rgb(0, 0, 0); font-family: 'Times New Roman';">(State or other jurisdiction of incorporation)</div>
            </td>

    <td style="width: 34%; vertical-align: bottom; font-size: 10pt;">
              <div style="text-align: center; color: rgb(0, 0, 0); font-family: 'Times New Roman';">(Commission File Number)</div>
            </td>

    <td style="width: 33%; vertical-align: bottom; font-size: 10pt;">
              <div style="text-align: center; color: rgb(0, 0, 0); font-family: 'Times New Roman';">(IRS Employer Identification No.)</div>
            </td>

  </tr>


</table>
      <div style="font-size: 10pt;"><br/>
      </div>

      <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000; border-spacing: 0;">


  <tr>

    <td style="width: 49%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt;">
              <div style="text-align: center; color: rgb(0, 0, 0); font-family: 'Times New Roman';"><ix:nonNumeric name="dei:EntityAddressAddressLine1" id="Fact_45b0e47fd7884f01ac641fb2b7f346a7" contextRef="c20250505to20250505">465 State Route 17</ix:nonNumeric>, <ix:nonNumeric name="dei:EntityAddressCityOrTown" id="Fact_eb9059d8c6a34f7faa04f8fe702b9fab" contextRef="c20250505to20250505">Ramsey</ix:nonNumeric>, <ix:nonNumeric name="dei:EntityAddressStateOrProvince" id="Fact_612ddca4af414e2b99aaabcb8a8be9fe" contextRef="c20250505to20250505" format="ixt-sec:stateprovnameen">New Jersey</ix:nonNumeric></div>
            </td>

    <td style="width: 2%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt;"><br/>
            </td>

    <td style="width: 49%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt;">
              <div style="text-align: center; color: rgb(0, 0, 0); font-family: 'Times New Roman';"><ix:nonNumeric name="dei:EntityAddressPostalZipCode" id="Fact_e205947e45e24d1eb133a3a98eb1b366" contextRef="c20250505to20250505">07446</ix:nonNumeric><br/>
              </div>
            </td>

  </tr>

  <tr>

    <td style="width: 49%; vertical-align: bottom; font-size: 10pt;">
              <div style="text-align: center; color: rgb(0, 0, 0); font-family: 'Times New Roman';">(Address of principal executive offices)</div>
            </td>

    <td style="width: 2%; vertical-align: bottom; font-size: 10pt;"><br/>
            </td>

    <td style="width: 49%; vertical-align: bottom; font-size: 10pt;">
              <div style="text-align: center; color: rgb(0, 0, 0); font-family: 'Times New Roman';">(Zip Code)</div>
            </td>

  </tr>


</table>
      <div style="font-size: 10pt;"><br/>
      </div>

      <div style="text-align: center; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">Registrant&#8217;s telephone number, including area code: (<ix:nonNumeric name="dei:CityAreaCode" id="Fact_76c985b3df6d4dd2b6d62e6d138ba16d" contextRef="c20250505to20250505">201</ix:nonNumeric>)
        <ix:nonNumeric name="dei:LocalPhoneNumber" id="Fact_2a1e432d784e4acca93b667637505b7c" contextRef="c20250505to20250505">478-5552</ix:nonNumeric></div>

      <div style="font-size: 10pt;"><br/>
      </div>

      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000; border-spacing: 0;">


  <tr>

    <td style="width: 100%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt;"><br/>
            </td>

  </tr>

  <tr>

    <td style="width: 100%; vertical-align: bottom; font-size: 10pt;">
              <div style="text-align: center; color: rgb(0, 0, 0); font-family: 'Times New Roman';">(Former name or former address, if changed since last report.)</div>
            </td>

  </tr>


</table>
      <div style="font-size: 10pt;"><br/>
      </div>

      <div style="text-align: left; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the
        following provisions (<span style="font-family: 'Times New Roman'; font-style: italic;">see</span> General Instruction A.2. below):</div>

      <div style="font-size: 10pt;"><br/>
      </div>

      <table cellspacing="0" cellpadding="0" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000; border-spacing: 0;">


  <tr>

    <td style="width: 18pt; vertical-align: top; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonNumeric name="dei:WrittenCommunications" id="Fact_63b299279c94428b8ac41186df80aee8" contextRef="c20250505to20250505" format="ixt-sec:boolballotbox">&#9744;</ix:nonNumeric></td>

    <td style="width: auto; vertical-align: top; text-align: left; font-size: 10pt;">
              <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman';">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</div>
            </td>

  </tr>


</table>
      <div style="font-size: 10pt;"><br/>
      </div>

      <table cellspacing="0" cellpadding="0" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000; border-spacing: 0;">


  <tr>

    <td style="width: 18pt; vertical-align: top; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonNumeric name="dei:SolicitingMaterial" id="Fact_fb7b526d9781479c90c1844f68612572" contextRef="c20250505to20250505" format="ixt-sec:boolballotbox">&#9744;</ix:nonNumeric><br/>
            </td>

    <td style="width: auto; vertical-align: top; text-align: left; font-size: 10pt;">
              <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman';">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</div>
            </td>

  </tr>


</table>
      <div style="font-size: 10pt;"><br/>
      </div>

      <table cellspacing="0" cellpadding="0" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000; border-spacing: 0;">


  <tr>

    <td style="width: 18pt; vertical-align: top; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonNumeric name="dei:PreCommencementTenderOffer" id="Fact_f55aaeee968b48fa977196c9b67f65e5" contextRef="c20250505to20250505" format="ixt-sec:boolballotbox">&#9744;</ix:nonNumeric></td>

    <td style="width: auto; vertical-align: top; text-align: left; font-size: 10pt;">
              <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman';">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</div>
            </td>

  </tr>


</table>
      <div style="font-size: 10pt;"><br/>
      </div>

      <table cellspacing="0" cellpadding="0" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000; border-spacing: 0;">


  <tr>

    <td style="width: 18pt; vertical-align: top; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 10pt;"><ix:nonNumeric name="dei:PreCommencementIssuerTenderOffer" id="Fact_e8e2adac33974292bbf1537018d69aa5" contextRef="c20250505to20250505" format="ixt-sec:boolballotbox">&#9744;</ix:nonNumeric></td>

    <td style="width: auto; vertical-align: top; text-align: left; font-size: 10pt;">
              <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman';">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</div>
            </td>

  </tr>


</table>
      <div style="font-size: 10pt;"><br/>
      </div>

      <div style="text-align: left; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">Securities registered pursuant to Section 12(b) of the Act:</div>

      <div style="font-size: 10pt;"><br/>
      </div>

      <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000; border-spacing: 0;">


  <tr>

    <td style="width: 25.68%; vertical-align: top; border-width: 2px; border-style: solid; border-color: rgb(0, 0, 0); font-size: 10pt;">
              <div style="text-align: center; color: rgb(0, 0, 0); font-family: 'Times New Roman';">Title of each class</div>
            </td>

    <td style="width: 26.85%; vertical-align: top; border-width: 2px; border-style: solid; border-color: rgb(0, 0, 0); font-size: 10pt;">
              <div style="text-align: center; color: rgb(0, 0, 0); font-family: 'Times New Roman';">Trading Symbol(s)</div>
            </td>

    <td style="width: 47.47%; vertical-align: top; border-width: 2px; border-style: solid; border-color: rgb(0, 0, 0);">
              <div style="text-align: center; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">Name of each exchange on which</div>
              <div style="text-align: center; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">registered</div>
            </td>

  </tr>

  <tr>

    <td style="width: 25.68%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt;">
              <div style="text-align: center; color: rgb(0, 0, 0); font-family: 'Times New Roman';"><ix:nonNumeric name="dei:Security12bTitle" id="Fact_ea24d246b1824a96b44ea270a0622c42" contextRef="c20250505to20250505">Common Stock</ix:nonNumeric><br/>
              </div>
            </td>

    <td style="width: 26.85%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt;">
              <div style="text-align: center; color: rgb(0, 0, 0); font-family: 'Times New Roman';"><ix:nonNumeric name="dei:TradingSymbol" id="Fact_461a850852bf42db95cdab810c7f0129" contextRef="c20250505to20250505">ADMA</ix:nonNumeric><br/>
              </div>
            </td>

    <td style="width: 47.47%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt;">
              <div style="text-align: center; color: rgb(0, 0, 0); font-family: 'Times New Roman';"><ix:nonNumeric name="dei:SecurityExchangeName" id="Fact_522ac4164a914b88abe449adac3c8f6d" contextRef="c20250505to20250505" format="ixt-sec:exchnameen">Nasdaq Global Market</ix:nonNumeric><br/>
              </div>
            </td>

  </tr>


</table>
      <div style="font-size: 10pt;"><br/>
      </div>

      <div style="text-align: left; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (&#167;230.405
        of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (&#167;240.12b-2 of this chapter).</div>

      <div style="font-size: 10pt;"><br/>
      </div>

      <div style="text-align: left; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">Emerging growth company <ix:nonNumeric name="dei:EntityEmergingGrowthCompany" id="Fact_419f512e93ab43cf97237f95616b50b7" contextRef="c20250505to20250505" format="ixt-sec:boolballotbox">&#9744;</ix:nonNumeric></div>

      <div style="font-size: 10pt;"><br/>
      </div>

      <div style="text-align: left; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new
        or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. &#9744;</div>

      <div style="text-align: left; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;"><span style="font-family: 'Times New Roman';"> <br/>
        </span></div>

      <div style="font-size: 10pt;">
        <hr style="border: none; border-bottom: 4px solid black; border-top: 1px solid black; height: 10px; color: #ffffff; background-color: #ffffff; text-align: center; margin-left: auto; margin-right: auto;"/></div>

      <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div class="BRPFPageBreak" style="page-break-after: always;">
          <hr style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"/></div>

      </div>

      <table cellspacing="0" cellpadding="0" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000; border-spacing: 0;">


  <tr>

    <td style="width: 54pt; vertical-align: top; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Item 2.02</td>

    <td style="width: auto; vertical-align: top; text-align: left; font-size: 10pt;">
              <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-weight: bold;">Results of Operations and Financial Condition</div>
            </td>

  </tr>


</table>
      <div style="font-size: 10pt;"><br/>
      </div>

      <div style="text-align: left; text-indent: 36pt; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">On May 7, 2025, ADMA Biologics, Inc. (the &#8220;Company&#8221;) issued a press release announcing its financial results for the three months ended
        March 31, 2025, and provided a business update.&#160; A copy of the press release is furnished herewith as Exhibit 99.1.*</div>

      <div style="font-size: 10pt;"><br/>
      </div>

      <table cellspacing="0" cellpadding="0" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000; border-spacing: 0;">


  <tr>

    <td style="width: 54pt; vertical-align: top; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Item 8.01</td>

    <td style="width: auto; vertical-align: top; text-align: left; font-size: 10pt;">
              <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-weight: bold;">Other Events.</div>
            </td>

  </tr>


</table>
      <div style="font-size: 10pt;"><br/>
      </div>

      <div style="text-align: left; color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Debt Reorganization</div>

      <div style="font-size: 10pt;"><br/>
      </div>

      <div style="text-align: left; text-indent: 36pt; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">On May 5, 2025, the Company borrowed $30.0 million under its revolving credit facility with Ares Capital Corporation (&#8220;Ares&#8221;), which
        the Company used to repay an additional $30.0 million against the Company&#8217;s term loan facility with Ares on May 6, 2025. Following such transactions, the Company has $72.5 million outstanding under its revolving credit facility and $2.5 million
        outstanding under its term loan facility.</div>

      <div style="font-size: 10pt;"><br/>
      </div>

      <div style="text-align: left; color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Share Repurchase Program</div>

      <div style="font-size: 10pt;"><br/>
      </div>

      <div style="text-align: left; text-indent: 36pt; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">On May 7, 2025, the Company announced that its board of directors has authorized a share repurchase program of up to $500.0 million of
        the Company&#8217;s outstanding shares of common stock (the &#8220;Repurchase Program&#8221;).&#160; Repurchases under the Repurchase Program may be made from time to time through open market purchases or through privately negotiated transactions subject to market
        conditions, applicable legal requirements, and other relevant factors.&#160; Open market repurchases will be structured to occur in accordance with the requirements of Rule 10b-18. The Company may also, from time to time, enter into Rule 10b5-1 plans to
        facilitate repurchases of shares under this Repurchase Program. The timing and number of shares repurchased under the Repurchase Program will depend on a variety of factors, including stock price, trading volume, and general business and market
        conditions. The Repurchase Program does not obligate the Company to acquire any particular amount of its common stock, and may be modified, suspended, or terminated at any time at the Company&#8217;s discretion. The Repurchase Program has no expiration
        date.</div>

      <div style="font-size: 10pt;"><br/>
      </div>

      <table cellspacing="0" cellpadding="0" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000; border-spacing: 0;">


  <tr>

    <td style="width: 54pt; vertical-align: top; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Item 9.01</td>

    <td style="width: auto; vertical-align: top; text-align: left; font-size: 10pt;">
              <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-weight: bold;">Exhibits.</div>
            </td>

  </tr>


</table>
      <div style="text-align: left;"><span style="font-size: 10pt; font-family: 'Times New Roman'; color: #000000;"> </span><span style="font-size: 10pt;"><br/>
        </span></div>

      <div style="text-align: left; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">(d) Exhibits</div>

      <div style="text-align: left;"><span style="font-size: 10pt; font-family: 'Times New Roman'; color: #000000;"> </span><span style="font-size: 10pt;"><br/>
        </span></div>

      <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000; border-spacing: 0;">


  <tr>

    <td style="width: 10%; vertical-align: top; font-size: 10pt;">
              <div style="text-align: left; color: rgb(0, 0, 0); font-family: 'Times New Roman';"><span style="text-decoration: underline;">Exhibit No.</span></div>
            </td>

    <td style="width: 90%; vertical-align: top; font-size: 10pt;">
              <div style="text-align: left; color: rgb(0, 0, 0); font-family: 'Times New Roman';"><span style="text-decoration: underline;">Description</span></div>
            </td>

  </tr>

  <tr>

    <td style="width: 10%; vertical-align: top; font-size: 10pt;">
              <div style="text-align: left; color: rgb(0, 0, 0); font-family: 'Times New Roman';"><a href="ef20048524_ex99-1.htm">99.1</a></div>
            </td>

    <td style="width: 90%; vertical-align: top; font-size: 10pt;">
              <div style="text-align: left; color: rgb(0, 0, 0); font-family: 'Times New Roman';">ADMA Biologics, Inc. Press Release, dated May 7, 2025</div>
            </td>

  </tr>

  <tr>

    <td style="width: 10%; vertical-align: top; font-size: 10pt;">
              <div style="text-align: left; color: rgb(0, 0, 0); font-family: 'Times New Roman';">104</div>
            </td>

    <td style="width: 90%; vertical-align: top; font-size: 10pt;">
              <div style="text-align: left; color: rgb(0, 0, 0); font-family: 'Times New Roman';">Cover Page Interactive Data File (embedded with the Inline XBRL document)</div>
            </td>

  </tr>


</table>
      <div style="text-align: left;"><span style="font-size: 10pt; font-family: 'Times New Roman'; color: #000000;"> </span><span style="font-size: 10pt;"><br/>
        </span></div>

      <div style="text-align: left; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">* The information in Item 2.02 of this Form 8-K shall not be deemed &#8220;filed&#8221; for purposes of Section 18 of the Securities Exchange Act of 1934, as amended
        (the &#8220;Exchange Act&#8221;), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by
        specific reference in such a filing.</div>

      <div style="font-size: 10pt;"><br/>
      </div>

      <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div class="BRPFPageBreak" style="page-break-after: always;">
          <hr style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"/></div>

      </div>

      <div style="text-align: center; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;"><span style="text-decoration: underline;">SIGNATURE</span></div>

      <div style="text-align: center;"><span style="font-size: 10pt; font-family: 'Times New Roman'; color: #000000;"> </span><span style="font-size: 10pt;"><br/>
        </span></div>

      <div style="text-align: justify; text-indent: 36pt; color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its
        behalf by the undersigned hereunto duly authorized.</div>

      <div style="text-align: justify;"><span style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);"> </span><span style="font-size: 10pt;"><br/>
        </span></div>

      <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000; border-spacing: 0;">


  <tr>

    <td style="width: 50%; vertical-align: top; font-size: 10pt;">
              <div style="text-align: left; color: rgb(0, 0, 0); font-family: 'Times New Roman';">May 7, 2025</div>
            </td>

    <td style="vertical-align: top; font-size: 10pt;" colspan="3">
              <div style="text-align: left; color: rgb(0, 0, 0); font-family: 'Times New Roman';">ADMA Biologics, Inc.</div>
            </td>

  </tr>

  <tr>

    <td style="width: 50%; vertical-align: top; font-size: 10pt;"><br/>
            </td>

    <td style="vertical-align: top; font-size: 10pt;" colspan="3"><br/>
            </td>

  </tr>

  <tr>

    <td style="width: 50%; vertical-align: top; font-size: 10pt;"><br/>
            </td>

    <td style="width: 5%; vertical-align: top; font-size: 10pt;">
              <div style="text-align: left; color: rgb(0, 0, 0); font-family: 'Times New Roman';">By:</div>
            </td>

    <td style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt;" colspan="2">
              <div style="text-align: left; color: rgb(0, 0, 0); font-family: 'Times New Roman';">/s/ Adam S. Grossman</div>
            </td>

  </tr>

  <tr>

    <td style="width: 50%; vertical-align: top; font-size: 10pt;"><br/>
            </td>

    <td style="width: 5%; vertical-align: top; font-size: 10pt;"><br/>
            </td>

    <td style="width: 5%; vertical-align: top; font-size: 10pt;">
              <div style="text-align: left; color: rgb(0, 0, 0); font-family: 'Times New Roman';">Name:</div>
            </td>

    <td style="width: 40%; vertical-align: top; font-size: 10pt;">
              <div style="text-align: left; color: rgb(0, 0, 0); font-family: 'Times New Roman';">Adam S. Grossman</div>
            </td>

  </tr>

  <tr>

    <td style="width: 50%; vertical-align: top; font-size: 10pt;"><br/>
            </td>

    <td style="width: 5%; vertical-align: top; font-size: 10pt;"><br/>
            </td>

    <td style="width: 5%; vertical-align: top; font-size: 10pt;">
              <div style="text-align: left; color: rgb(0, 0, 0); font-family: 'Times New Roman';">Title:</div>
            </td>

    <td style="width: 40%; vertical-align: top; font-size: 10pt;">
              <div style="text-align: left; color: rgb(0, 0, 0); font-family: 'Times New Roman';">President and Chief Executive Officer</div>
            </td>

  </tr>


</table>
      <div style="font-size: 10pt;"><br/>
      </div>

      <div style="font-size: 10pt;"><br/>
      </div>

      <div style="font-size: 10pt;">
        <hr style="height: 2px; color: #000000; background-color: #000000; text-align: center; border: none; margin-left: auto; margin-right: auto;"/></div>

    </div>

  </div>

  <div><span style="font-size: 10pt;"> </span></div>

</div>
</body>
</html>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>ef20048524_ex99-1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
<html>
  <head>
    <title></title>
    <!-- Licensed to: Summit, a Broadridge Company
         Document created using Broadridge PROfile 25.3.2.5298
         Copyright 1995 - 2025 Broadridge -->
  </head>
<body bgcolor="#ffffff" style="font-family: 'Times New Roman'; font-size: 10pt; text-align: left; color: #000000;">
  <font style="font-size: 10pt;"> </font>
  <div>
    <hr noshade="noshade" align="center" style="height: 4px; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;">
    <div>
      <div style="text-align: right; font-family: 'Times New Roman'; font-size: 14pt; font-weight: bold;"> <font style="font-size: 10pt;">Exhibit 99.1<br>
        </font></div>
      <div style="text-align: center;"> <br>
        <img src="image00001.jpg"></div>
    </div>
    <div>
      <div style="text-align: center;"><font style="font-size: 10pt;"><br>
        </font></div>
      <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">ADMA Biologics Announces First Quarter 2025 Financial Results and Provides Business Update</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">1Q 2025 Total Revenue of $114.8 Million (Adjusted Total Revenue<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup> of $118.6 Million), a 40% YoY Increase</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">1Q 2025 GAAP Net Income of $26.9 Million, a 51% YoY Increase</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">1Q 2025 Adjusted EBITDA<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(2)</sup> of $47.9 Million, an 81% YoY Increase</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">1Q 2025 Adjusted Net Income<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(3)</sup> of $33.3 Million, an 87% YoY Increase</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">1Q 2025 Total Cash and Receivables Grew to Approximately $171 Million</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">FDA Approved Yield Enhancement Process Anticipated to Provide 20% Production Output Enhancement from Same Starting Plasma Volume, and Support
        Revenue Growth and Margin Expansion Opportunity</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">FY 2025 and 2026 Total Revenue Guidance Increased to More than $500 Million and $625 Million, Respectively</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">FY 2025 Adjusted Net Income Guidance Reiterated to be $175 Million or More and 2026 Adjusted Net Income Guidance Increased to $245 Million</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">FY 2025 and 2026 Adjusted EBITDA Guidance Increased to More Than $235 Million and $340 Million, Respectively</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Authorization of $500 Million Share Repurchase Program</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Debt Reorganization Reduces ADMA&#8217;s Cost of Debt Capital by 1.1% Nominally</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Total Annual Revenues Expected to be Realized Prior to 2030 Now Increased to $1.1 Billion or More, with Anticipated Outsized Earnings Growth from
        Current Margin Levels</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">RAMSEY, N.J. and BOCA RATON, FL, May 07, 2025 </font><font style="font-size: 10pt;">-
          ADMA Biologics, Inc. (Nasdaq: ADMA) (&#8220;ADMA&#8221; or the &#8220;Company&#8221;), a U.S. based, end-to-end commercial biopharmaceutical company dedicated to manufacturing, marketing and developing specialty biologics, today announced its first quarter 2025
          financial results and provided a business update.</font></div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">"The start to 2025 has been a transformational period for ADMA, with the recent U.S. Food and Drug Administration (FDA) approval of our yield enhancement production
        process, which we believe paves the way for meaningful forward looking revenue growth and margin expansion, ultimately creating durable stockholder value. ADMA delivered outstanding financial and operational results in the first quarter of 2025,
        with total reported revenues and Adjusted EBITDA growing by 40% and 81% year-over-year, respectively," said Adam Grossman, President and CEO. "We believe this strong performance underscores the leverageable foundation and capabilities of our
        business model, driven by a robust portfolio of immunoglobulin (IG) therapies and a deeply embedded commercial footprint within the immunocompromised patient population.&#8221;</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="font-size: 10pt;">
        <div>
          <table cellspacing="0" cellpadding="0" id="zbf6f89bf90f2492193d16aab5c7d83fc" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

              <tr>
                <td style="width: 18pt;">&#160;</td>
                <td style="width: 18pt; vertical-align: top; text-align: right;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">(1)</div>
                </td>
                <td style="width: auto; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Adjusted Total Revenue is a non-GAAP financial measure. For a reconciliation of Adjusted Revenue to the most comparable GAAP measure, see the reconciliation
                    included in the financial tables.</div>
                </td>
              </tr>

          </table>
        </div>
        <div>
          <table cellspacing="0" cellpadding="0" id="z7a8dd417278544f0b5204463b3fbc764" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

              <tr>
                <td style="width: 18pt;">&#160;</td>
                <td style="width: 18pt; vertical-align: top; text-align: right;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">(2)</div>
                </td>
                <td style="width: auto; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Adjusted EBITDA is a non-GAAP financial measure. For a reconciliation of Adjusted EBITDA to the most comparable GAAP measure, see the reconciliation included
                    in the financial tables.</div>
                </td>
              </tr>

          </table>
        </div>
        <div>
          <table cellspacing="0" cellpadding="0" id="zc93476d35ea044329b7d7c09349cc942" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

              <tr>
                <td style="width: 18pt;">&#160;</td>
                <td style="width: 18pt; vertical-align: top; text-align: right;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">(3)</div>
                </td>
                <td style="width: auto; vertical-align: top;">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Adjusted Net Income is a non-GAAP financial measure. For a reconciliation of Adjusted Net Income to the most comparable GAAP measure, see the reconciliation
                    included in the financial tables. All non-GAAP adjustments are presented pre-tax.</div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div style="font-size: 10pt;"> <br>
      </div>
      <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div class="BRPFPageBreak" style="page-break-after: always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
      </div>
      <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Mr. Grossman continued, <a name="z_Hlk196998601"></a>"<a name="z_Hlk196998049"></a>We believe our U.S.-based manufacturing footprint and fully controlled, end-to-end
        supply chain provide substantial insulation from geopolitical and global trade challenges potentially impacting multi-national pharma competitors. With long-term, high-titer plasma supply agreements in place and record internal plasma collections,
        we believe the Company is well-positioned to scale efficiently and deliver on the upwardly revised near- and long-term financial guidance. ADMA&#8217;s strong balance sheet, including approximately $171 million in cash and receivables, as well as the
        reduced cost of debt and significant forecasted cash generation, should further protect the Company from broader equity and credit market volatility.&#160; <a name="z_Hlk196999976"></a>Additionally, we are pleased to announce that our Board of
        Directors has authorized a share repurchase program, providing for up to $500 million in total common stock repurchases, accounting for approximately 8% of ADMA&#8217;s current market capitalization. We believe this repurchase program represents a
        value-enhancing deployment of capital in the context of ADMA&#8217;s top-tier growth outlook and the Company&#8217;s forecasted terminal earnings power. The Company will utilize this repurchase program opportunistically to maximize stockholder value."</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">"We anticipate meaningful forward-looking financial uplift from our recently approved yield enhancement production process, which is expected to increase finished IG
        output by 20% from the same starting plasma volume. We think these advancements should further de-risk our growth outlook and enhance our ability to expand new patient starts, deepen penetration into the complex and refractory primary
        immunodeficiency market, and advance our R&amp;D pipeline from a position of strength. We believe ADMA is purpose-built for long-term value creation, powered by proprietary innovation, operational scalability, and an unwavering commitment to
        uninterrupted patient care," Mr. Grossman concluded.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Financial Guidance:</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Potential benefits and accretion from the FDA approval of ADMA&#8217;s yield enhancement production process remain excluded from the upwardly revised 2025
        guidance ranges and are conservatively contemplated in the increased 2026 guidance ranges.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <table cellspacing="0" cellpadding="0" id="z1bcddcb4643f43beb18c0371dbb162c9" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 18pt; font-size: 10pt;"><br>
            </td>
            <td style="width: 18pt; vertical-align: top; font-family: 'Times New Roman'; font-size: 10pt;">&#8226;</td>
            <td style="width: auto; vertical-align: top; text-align: justify; font-size: 10pt;">
              <div style="font-family: 'Times New Roman';">FY 2025 and 2026 total revenue increased to more than $500 million and $625 million or more, respectively</div>
            </td>
          </tr>

      </table>
      <div style="font-size: 10pt;">&#160;</div>
      <table cellspacing="0" cellpadding="0" id="z7e3bb365fff046e49678ac1924d364d7" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 18pt; font-size: 10pt;"><br>
            </td>
            <td style="width: 18pt; vertical-align: top; font-family: 'Times New Roman'; font-size: 10pt;">&#8226;</td>
            <td style="width: auto; vertical-align: top; text-align: justify; font-size: 10pt;">
              <div style="font-family: 'Times New Roman';">FY 2025 Adjusted Net Income reaffirmed to be $175 million or more and FY 2026 Adjusted Net Income is now increased to $245 million or more</div>
            </td>
          </tr>

      </table>
      <div style="font-size: 10pt;">&#160;</div>
      <table cellspacing="0" cellpadding="0" id="z0661841c51ed4e6d8291888387b93dcf" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 18pt; font-size: 10pt;"><br>
            </td>
            <td style="width: 18pt; vertical-align: top; font-family: 'Times New Roman'; font-size: 10pt;">&#8226;</td>
            <td style="width: auto; vertical-align: top; text-align: justify; font-size: 10pt;">
              <div style="font-family: 'Times New Roman';">FY 2025 and 2026 Adjusted EBITDA increased to more than $235 million and $340 million or more, respectively</div>
            </td>
          </tr>

      </table>
      <div style="font-size: 10pt;">&#160;</div>
      <table cellspacing="0" cellpadding="0" id="zaeede3a479a74a12a6a6b5b6b55e0e1c" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 18pt; font-size: 10pt;"><br>
            </td>
            <td style="width: 18pt; vertical-align: top; font-family: 'Times New Roman'; font-size: 10pt;">&#8226;</td>
            <td style="width: auto; vertical-align: top; text-align: justify; font-size: 10pt;">
              <div style="font-family: 'Times New Roman';">Pre-2030 total annual revenue guidance increased to $1.1 billion or more, with anticipated outsized earnings growth from current margin levels</div>
            </td>
          </tr>

      </table>
      <div style="font-size: 10pt;">&#160;</div>
      <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div class="BRPFPageBreak" style="page-break-after: always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
      </div>
      <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Recent 1Q 2025 Business Updates &amp; Objectives:</div>
      <div style="font-size: 10pt;">&#160;</div>
      <table cellspacing="0" cellpadding="0" id="z6931b10bc52b4e8ab4b6cf638b8c3c0f" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 18pt; font-size: 10pt;"><br>
            </td>
            <td style="width: 18pt; vertical-align: top; color: rgb(23, 27, 37); font-family: 'Times New Roman'; font-size: 10pt;">&#8226;</td>
            <td style="width: auto; vertical-align: top; text-align: left;">
              <div style="font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Insulated business model. </font><font style="font-size: 10pt;">ADMA is a U.S.-based company with
                  all manufacturing operations, end-market sales, and customer engagements conducted exclusively within the United States. The tariffs that have been implemented on foreign goods, services and manufacturing are not anticipated to have an
                  impact on ADMA and its supply chain or production operations.&#160; We believe our strategic infrastructure not only ensures enhanced supply chain robustness, resilience and regulatory compliance but also aligns with increasing federal and
                  private sector preferences for U.S.-made products and services. By maintaining complete operational control within the U.S., we believe ADMA is uniquely well-positioned to capitalize on national economic incentives and deliver reliable,
                  secure, and high-quality offerings to its domestic customer base.</font></div>
            </td>
          </tr>

      </table>
      <div style="font-size: 10pt;">&#160;</div>
      <table cellspacing="0" cellpadding="0" id="zfeb028cf177047e6b0700e9800eae2c5" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 18pt; font-size: 10pt;"><br>
            </td>
            <td style="width: 18pt; vertical-align: top; color: rgb(23, 27, 37); font-family: 'Times New Roman'; font-size: 10pt;">&#8226;</td>
            <td style="width: auto; vertical-align: top; text-align: left;">
              <div style="color: rgb(23, 27, 37); font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">FDA approval of innovative yield enhancement production process.</font><font style="font-size: 10pt;"> The recent regulatory approval represents a pivotal milestone for ADMA, unlocking meaningful acceleration in our forecasted revenue and earnings trajectory beginning in late 2025 and accelerating further into
                  2026 and beyond. As the first U.S. producer of plasma-derived products to achieve regulatory approval for its innovative yield enhancement production process, ADMA continues to demonstrate its leadership in modernizing and innovating
                  plasma fractionation through agile, forward-thinking scientific development and execution.</font></div>
            </td>
          </tr>

      </table>
      <div style="font-size: 10pt;">&#160;</div>
      <table cellspacing="0" cellpadding="0" id="z36fbe0b8839c4c6181786c93f13057b7" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 18pt; font-size: 10pt;"><br>
            </td>
            <td style="width: 18pt; vertical-align: top; color: rgb(23, 27, 37); font-family: 'Times New Roman'; font-size: 10pt;">&#8226;</td>
            <td style="width: auto; vertical-align: top; text-align: left;">
              <div style="font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold; color: rgb(23, 27, 37);">Robust ASCENIV demand. </font><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(23, 27, 37);">Across all forward-looking demand metrics,</font><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold; color: rgb(23, 27, 37);">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(23, 27, 37);">ASCENIV continues to trend to record highs through 1Q 2025 </font><font style="font-size: 10pt;">and subsequent periods; as a result, the Company expects ASCENIV&#8217;s total revenue
                  share to expand throughout 2025 and beyond. As ASCENIV&#8217;s benefit in real-world patient outcomes continues and long-term high-titer plasma supply contracts ramp up, ADMA anticipates accelerating ASCENIV&#8217;s new patient starts and deepening
                  penetration in existing institutions, which would significantly expand its peak revenue potential beyond current levels.</font></div>
            </td>
          </tr>

      </table>
      <div style="font-size: 10pt;">&#160;</div>
      <table cellspacing="0" cellpadding="0" id="zc397b4e14dbc47f7a35ead1a52336b81" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 18pt; font-size: 10pt;"><br>
            </td>
            <td style="width: 18pt; vertical-align: top; color: rgb(23, 27, 37); font-family: 'Times New Roman'; font-size: 10pt;">&#8226;</td>
            <td style="width: auto; vertical-align: top; text-align: left;">
              <div style="color: rgb(23, 27, 37); font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Debt reorganization further reduces ADMA&#8217;s cost of debt capital.</font><font style="font-size: 10pt;"> ADMA has reorganized its outstanding debt, by paying down all but $2.5 million of its term loan with Ares Capital with available proceeds from its revolving credit facility. The reorganization provides for a 1.1%
                  nominal reduction of ADMA&#8217;s cost of debt. Additionally, as forecasted cash continues to grow, ADMA remains committed to optimizing its capital structure and continuing to organically pay down its total debt.</font></div>
            </td>
          </tr>

      </table>
      <div style="font-size: 10pt;">&#160;</div>
      <table cellspacing="0" cellpadding="0" id="z7d8cc886e8f94ec2b2da711d940dddc3" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 18pt; font-size: 10pt;"><br>
            </td>
            <td style="width: 18pt; vertical-align: top; color: rgb(23, 27, 37); font-family: 'Times New Roman'; font-size: 10pt;">&#8226;</td>
            <td style="width: auto; vertical-align: top; text-align: left;">
              <div style="color: rgb(23, 27, 37); font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Strengthened balance sheet and optimizing cost of capital.</font><font style="font-size: 10pt;"> ADMA ended the first quarter with $171 million in total cash and receivables.&#160; The Company anticipates further balance sheet improvements in 2025, driven by projected Adjusted EBITDA growth, sustained cash
                  generation, and continued optimization of its capital structure.</font></div>
            </td>
          </tr>

      </table>
      <div style="font-size: 10pt;">&#160;</div>
      <table cellspacing="0" cellpadding="0" id="z5c6c1a2103b6404eb58a54ac129dd270" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 18pt; font-size: 10pt;"><br>
            </td>
            <td style="width: 18pt; vertical-align: top; color: rgb(23, 27, 37); font-family: 'Times New Roman'; font-size: 10pt;">&#8226;</td>
            <td style="width: auto; vertical-align: top; text-align: left;">
              <div style="color: rgb(23, 27, 37); font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Authorization of $500 million share repurchase program. </font><font style="font-size: 10pt;">In keeping with ADMA&#8217;s alignment with stockholders and unwavering commitment to generating sustained stockholder value, the Company has recently authorized a common stock repurchase program of up to $500 million,
                  representing approximately 8% of ADMA&#8217;s current market capitalization. The Company will be opportunistic in deploying these repurchases, which we believe will be enabled by a strong balance sheet position and forecasted earnings and cash
                  generation.</font></div>
            </td>
          </tr>

      </table>
      <div style="font-size: 10pt;">&#160;</div>
      <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div class="BRPFPageBreak" style="page-break-after: always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
      </div>
      <table cellspacing="0" cellpadding="0" id="z4753487ca00b41c39705d1d5641ef6a2" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 18pt; font-size: 10pt;"><br>
            </td>
            <td style="width: 18pt; vertical-align: top; font-family: 'Times New Roman'; font-size: 10pt;">&#8226;</td>
            <td style="width: auto; vertical-align: top; text-align: left;">
              <div style="font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold; color: rgb(23, 27, 37);">Leveraging robust IP estate and innovative R&amp;D engine.</font><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(23, 27, 37);"> ADMA anticipates generating initial, proof of concept animal data before year-end 2025 for its lead R&amp;D pipeline program, SG-001, a hyperimmune globulin
                  targeting </font><font style="font-size: 10pt; font-family: 'Times New Roman'; font-style: italic; color: rgb(23, 27, 37);">S. pneumonia</font><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(23, 27, 37);">. If
                  approved, SG-001 represents potential upside to the current financial guidance, and ADMA believes the product has the potential to generate $300-500 million or more in high margin annual revenue, with IP protection through at least 2037.</font></div>
            </td>
          </tr>

      </table>
      <div style="font-size: 10pt;">&#160;</div>
      <table cellspacing="0" cellpadding="0" id="ze1a8b65a0b114219888985fd7f804245" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 18pt; font-size: 10pt;"><br>
            </td>
            <td style="width: 18pt; vertical-align: top; color: rgb(23, 27, 37); font-family: 'Times New Roman'; font-size: 10pt;">&#8226;</td>
            <td style="width: auto; vertical-align: top; text-align: left;">
              <div style="font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Unique asset durability and terminal value. </font><font style="font-size: 10pt;">ASCENIV&#8217;s
                  robust intellectual property estate, covering proprietary plasma screening assays, unique plasma pooling, and methods of IG use, secures brand protection through at least 2035, with potential IP extensions beyond 2035. The Company is
                  confident that regulatory barriers and proprietary know-how further safeguard ASCENIV&#8217;s branded growth, potentially well beyond 2035. This comprehensive IP portfolio, encompassing IG treatment for all viral-induced respiratory infections,
                  supports ADMA&#8217;s expectation that ASCENIV is well-positioned to deliver long-term branded growth. We believe ASCENIV may generate one of the most durable earnings streams in the sector.</font></div>
            </td>
          </tr>

      </table>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">First Quarter 2025 Financial Results:</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Total reported revenue was $114.8 million for the quarter ended March 31, 2025, as compared to $81.9 million for the quarter ended March 31, 2024, an increase of $32.9
        million, translating to 40% year-over year growth.<a name="z_Hlk196983588"></a> Adjusting for the one-time, voluntary product withdrawals during the quarter, total first quarter 2025 revenues would have been $118.6 million, representing
        approximately 45% year-over-year growth. This increase is primarily related to increased sales of ASCENIV, as we continue to experience increased physician, payer and patient acceptance and utilization of this product.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Gross profit was $61.1 million for the quarter ended March 31, 2025, as compared to $39.1 million for the quarter ended March 31, 2024. This gross profitability for the
        first quarter of 2025 translates to 53.2% compared to 47.8% for the comparable 2024 quarter.&#160; Adjusting for the aforementioned voluntary product withdrawals, first quarter 2025 adjusted gross margins would have been 54.7%.&#160; The improvement in gross
        margin is primarily driven by a significantly more favorable mix of higher margin IG sales in the first quarter of 2025 as compared to the first quarter of 2024, along with the operational efficiencies achieved resulting in a reduction in other
        manufacturing costs.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">GAAP Net Income was $26.9 million for the quarter ended March 31, 2025, compared to GAAP net income of $17.8 million for the quarter ended March 31, 2024.&#160; The increase
        was primarily due to the increase in operating income and lower interest expense.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Adjusted Net Income was $33.3 million for the quarter ended March 31, 2025, as compared to Adjusted Net Income of $17.8 million for the quarter ended March 31, 2024,
        translating to 87% year-over-year growth.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Adjusted EBITDA was $47.9 million for the quarter ended March 31, 2025, as compared to Adjusted EBITDA of $26.4 million for the quarter ended March 31, 2024, translating
        to 81% year-over-year growth. Adjusted EBITDA for the quarter includes all non-GAAP reconciliation items, including stock-based compensation, depreciation, amortization, and interest expense.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div class="BRPFPageBreak" style="page-break-after: always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
      </div>
      <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Conference Call Information:</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt;">To access the conference call seamlessly, participants are required to register for the call <u><font style="font-family: 'Times New Roman'; font-weight: bold;">here</font></u>
        to receive the dial-in numbers and unique PIN. It is recommended that you join approximately 10 minutes prior to the event start (although you may dial in at any time during the call). Attendees who will not be asking a question during the call are
        encouraged to listen in to the live webcast <u><font style="font-family: 'Times New Roman'; font-weight: bold;">here</font></u>. An archived replay of the event will be available, located under &#8220;Events &amp; Webcasts&#8221; in the investor section of
        the Company&#8217;s website at https://ir.admabiologics.com/events-webcasts.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">About ADMA Biologics, Inc. (ADMA)</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">ADMA Biologics is a U.S.-based, end-to-end commercial biopharmaceutical company dedicated to manufacturing, marketing and developing specialty biologics for the treatment
        of immunodeficient patients at risk for infection and others at risk for certain infectious diseases. ADMA currently manufactures and markets three United States Food and Drug Administration (FDA)-approved plasma-derived biologics for the treatment
        of immune deficiencies and the prevention of certain infectious diseases: ASCENIV&#8482; (immune globulin intravenous, human &#8211; slra 10% liquid) for the treatment of primary humoral immunodeficiency (PI);<font style="font-family: 'Times New Roman';">&#160;</font>BIVIGAM&#174;

        (immune globulin intravenous, human) for the treatment of PI; and NABI-HB&#174; (hepatitis B immune globulin, human) to provide enhanced immunity against the hepatitis B virus. Additionally, ADMA is developing SG-001, a pre-clinical, investigative
        hyperimmune globulin targeting <font style="font-family: 'Times New Roman'; font-style: italic;">S. pneumonia</font>.&#160; ADMA manufactures its immune globulin products and product candidates at its FDA-licensed plasma fractionation and purification
        facility located in Boca Raton, Florida. Through its ADMA BioCenters subsidiary, ADMA also operates as an FDA-approved source plasma collector in the U.S., which provides its blood plasma for the manufacture of its products. ADMA&#8217;s mission is to
        manufacture, market and develop specialty plasma-derived, human immune globulins targeted to niche patient populations for the treatment and prevention of certain infectious diseases and management of immune compromised patient populations who
        suffer from an underlying immune deficiency, or who may be immune compromised for other medical reasons. ADMA holds numerous U.S. and foreign patents related to and encompassing various aspects of its products and product candidates. For more
        information, please visit <u><font style="font-family: 'Times New Roman';">www.admabiologics.com</font></u>.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Use of Non-GAAP Financial Measures</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">This press release includes certain non-GAAP financial measures that are not prepared in accordance with accounting principles generally accepted in the United States
        (&#8220;GAAP&#8221;). The Company believes Adjusted Total Revenue, Adjusted EBITDA and Adjusted Net Income are useful to investors in evaluating the Company&#8217;s financial performance. The Company uses Adjusted Total Revenue, Adjusted EBITDA and Adjusted Net
        Income as key performance measures because we believe that they facilitate operating performance comparisons from period to period that exclude potential differences driven by the impact of variations of non-cash items such as depreciation and
        amortization, as well as, in the case of Adjusted Total Revenue, certain non-recurring items, in the case of Adjusted EBITDA, stock-based compensation or certain non-recurring items, and in the case of Adjusted Net Income, certain non-recurring
        items. The Company believes that investors should have access to the same set of tools used by our management and board of directors to assess our operating performance. Adjusted Total Revenue, Adjusted EBITDA and Adjusted Net Income should not be
        considered as measures of financial performance under GAAP, and the items excluded from Adjusted Total Revenue, Adjusted EBITDA and Adjusted Net Income are significant components in understanding and assessing the Company&#8217;s financial performance.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div class="BRPFPageBreak" style="page-break-after: always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
      </div>
      <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Accordingly, these key business metrics have limitations as an analytical tool. They should not be considered as an alternative to net income/loss, cash flows from
        operations, or any other performance measures derived in accordance with GAAP and may be different from similarly titled non-GAAP measures used by other companies. Please refer to the tables below for the reconciliation of GAAP measures to these
        non-GAAP measures for applicable periods.</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Cautionary Note Regarding Forward-Looking Statements</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-style: italic;">This press release contains &#8220;forward-looking statements&#8221; pursuant to the safe harbor
          provisions of the Private Securities Litigation Reform Act of 1995, about ADMA Biologics, Inc. (&#8220;we,&#8221; &#8220;our&#8221; or the &#8220;Company&#8221;). Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply
          future results, performance or achievements, and may contain such words as &#8220;confident,&#8221; &#8220;estimate,&#8221; &#8220;project,&#8221; &#8220;intend,&#8221; &#8220;forecast,&#8221; &#8220;target,&#8221; &#8220;anticipate,&#8221; &#8220;plan,&#8221; &#8220;planning,&#8221; &#8220;expect,&#8221; &#8220;believe,&#8221; &#8220;will,&#8221; &#8220;is likely,&#8221; &#8220;will likely,&#8221; &#8220;position
          us,&#8221; &#8220;should,&#8221; &#8220;could,&#8221; &#8220;would,&#8221; &#8220;may,&#8221; &#8220;potential,&#8221; &#8220;opportunity&#8221; or, in each case, their negative, or words or expressions of similar meaning. These forward-looking statements include, but are not limited to, statements about the Company&#8217;s
          financial performance; total revenue, GAAP Net Income, Adjusted Net Revenue, Adjusted EBITDA, Adjusted Net Income and margins guidance in future periods and related timing in connection therewith; </font><font style="font-size: 10pt; font-family: 'Times New Roman'; font-style: italic; color: rgb(23, 27, 37);">&#160;revenue growth, margin expansion and production output capacity as a result of FDA approval of the yield enhancement process, and timing related thereto, as well as
          commercial and R&amp;D program benefits as a result of such approval; the Company&#8217;s insulation from </font><font style="font-size: 10pt;">broader equity and credit market volatility;<font style="font-family: 'Times New Roman'; font-style: italic;"> the expected benefits of our newly approved stock repurchase program; the impact of tariffs on the Company&#8217;s supply chain or production operations, and the benefits of being U.S. based; ASCENIV&#8217;s total revenue share and growth; ADMA&#8217;s
            senior credit facility and plans to further pay down its outstanding debt; our balance sheet; the benefits of our long-term, high-titer plasma supply agreements and impact on ASCENIV growth and financial performance; ability to deliver
            stockholder value; statements regarding SG-001 and revenue potential; and ASCENIV&#8217;s intellectual property estate. Actual events or results may differ materially from those described in this press release due to a number of important factors.
            Current and prospective security holders are cautioned that there also can be no assurance that the forward-looking statements included in this press release will prove to be accurate. Except to the extent required by applicable laws or rules,
            ADMA does not undertake any obligation to update any forward-looking statements or to announce revisions to any of the forward-looking statements. Forward-looking statements are subject to many risks, uncertainties and other factors that could
            cause our actual results, and the timing of certain events, to differ materially from any future results expressed or implied by the forward-looking statements, including, but not limited to, the risks and uncertainties described in our filings
            with the SEC, including our most recent reports on Form 10-K, 10-Q and 8-K, and any amendments thereto.</font></font></div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="text-align: justify; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">INVESTOR RELATIONS CONTACT:</div>
      <div style="font-size: 10pt;">&#160;</div>
      <div style="font-size: 10pt;">Argot Partners | 212-600-1902 |<u> <font style="font-family: 'Times New Roman';">ADMA@argotpartners.com</font></u> <br>
      </div>
      <div style="font-size: 10pt;"> <br>
      </div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
      </div>
      <div>
        <div style="text-align: center;"><img src="image00002.jpg"><u> <br>
          </u></div>
        <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;"><u> <br>
            </u></font></div>
        <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;"><u>ADMA BIOLOGICS, INC. AND SUBSIDIARIES</u></font><font style="font-size: 10pt; font-family: 'Times New Roman';"><br>
            <u>&#160;</u></font><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;"><u>CONSOLIDATED BALANCE SHEETS</u></font></div>
        <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;"><u> <br>
            </u></font></div>
        <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; text-align: left; color: #000000; width: 100%;" id="zef402005dcfa45b5a4455bb0f0e74d45" class="cfttable">

            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt;"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt;" colspan="2">
                <div style="text-align: center; font-family: 'Times New Roman'; font-weight: bold;">March 31,</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt;" colspan="2">
                <div style="text-align: center; font-family: 'Times New Roman'; font-weight: bold;">December 31,</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; padding-bottom: 2px;"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; padding-bottom: 2px;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; border-bottom: #000000 solid 2px;" colspan="2">
                <div style="text-align: center; font-family: 'Times New Roman'; font-weight: bold;"> 2025</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; padding-bottom: 2px;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; padding-bottom: 2px;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; border-bottom: #000000 solid 2px;" colspan="2">
                <div style="text-align: center; font-family: 'Times New Roman'; font-weight: bold;">2024</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; padding-bottom: 2px;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt;"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt;" colspan="2">
                <div style="text-align: center; font-family: 'Times New Roman';">(Unaudited)</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt;" colspan="2">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt;"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt;" colspan="6">
                <div style="text-align: center; font-family: 'Times New Roman'; font-style: italic;">(In thousands, except share data)</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt;">
                <div style="text-align: left; font-family: 'Times New Roman'; font-weight: bold;">ASSETS</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt;" colspan="2">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt;" colspan="2">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt;">
                <div style="text-align: left; font-family: 'Times New Roman';">Current assets:</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt;" colspan="2">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt;" colspan="2">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" style="vertical-align: bottom; font-size: 10pt; width: 76%; background-color: #CCEEFF;">
                <div style="text-align: left; font-family: 'Times New Roman'; margin-left: 9pt;">Cash and cash equivalents</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">
                <div style="font-family: 'Times New Roman';">$</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">71,625</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">
                <div style="font-family: 'Times New Roman';">$</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">103,147</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" style="vertical-align: bottom; font-size: 10pt; width: 76%;">
                <div style="text-align: left; font-family: 'Times New Roman'; margin-left: 9pt;">Accounts receivable, net</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">99,412</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">49,999</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%; background-color: #CCEEFF;">
                <div style="text-align: left; font-family: 'Times New Roman'; margin-left: 9pt;">Inventories</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">172,188</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">170,235</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%; padding-bottom: 2px;">
                <div style="text-align: left; font-family: 'Times New Roman'; margin-left: 9pt;">Prepaid expenses and other current assets</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">8,589</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">8,029</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%; background-color: #CCEEFF;">
                <div style="text-align: left; font-family: 'Times New Roman'; margin-left: 18pt;">Total current assets</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">351,814</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">331,410</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%;">
                <div style="text-align: left; font-family: 'Times New Roman';">Property and equipment, net</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">57,710</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">54,707</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%; background-color: #CCEEFF;">
                <div style="text-align: left; font-family: 'Times New Roman';">Intangible assets, net</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">452</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">460</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%;">
                <div style="text-align: left; font-family: 'Times New Roman';">Goodwill</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">3,530</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">3,530</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%; background-color: #CCEEFF;">
                <div style="text-align: left; font-family: 'Times New Roman';">Deferred tax assets, net</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">80,855</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">84,280</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%;">
                <div style="text-align: left; font-family: 'Times New Roman';">Right-to-use assets</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">8,020</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">8,634</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%; padding-bottom: 2px; background-color: #CCEEFF;">
                <div style="text-align: left; font-family: 'Times New Roman';">Deposits and other assets</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">8,188</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">5,657</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%; padding-bottom: 4px;">
                <div style="text-align: left; font-family: 'Times New Roman'; font-weight: bold;">TOTAL ASSETS</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%; padding-bottom: 4px;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px;" colspan="1" class="cftcurrcell">
                <div style="font-family: 'Times New Roman';">$</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">510,569</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%; padding-bottom: 4px;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px;" colspan="1" class="cftcurrcell">
                <div style="font-family: 'Times New Roman';">$</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">488,678</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%; background-color: #CCEEFF;">
                <div style="text-align: left; font-family: 'Times New Roman';">&#160;</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" colspan="1" class="cftnumcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" colspan="1" class="cftnumcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%;">
                <div style="text-align: left; font-family: 'Times New Roman'; font-weight: bold;">LIABILITIES AND STOCKHOLDERS' EQUITY</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1" class="cftnumcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1" class="cftnumcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%; background-color: #CCEEFF;">
                <div style="text-align: left; font-family: 'Times New Roman';">Current liabilities:</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" colspan="1" class="cftnumcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" colspan="1" class="cftnumcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%;">
                <div style="text-align: left; font-family: 'Times New Roman'; margin-left: 9pt;">Accounts payable</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftcurrcell">
                <div style="font-family: 'Times New Roman';">$</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">20,607</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftcurrcell">
                <div style="font-family: 'Times New Roman';">$</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">20,219</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%; background-color: #CCEEFF;">
                <div style="text-align: left; font-family: 'Times New Roman'; margin-left: 9pt;">Accrued expenses and other current liabilities</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">31,560</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">33,962</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%;">
                <div style="text-align: left; font-family: 'Times New Roman'; margin-left: 9pt;">Current portion of deferred revenue</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">143</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">143</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%; padding-bottom: 2px; background-color: #CCEEFF;">
                <div style="text-align: left; font-family: 'Times New Roman'; margin-left: 9pt;">Current portion of lease obligations</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">1,188</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">1,218</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%;">
                <div style="text-align: left; font-family: 'Times New Roman'; margin-left: 18pt;">Total current liabilities</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">53,498</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">55,542</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%; background-color: #CCEEFF;">
                <div style="text-align: left; font-family: 'Times New Roman';">Senior notes payable, net of discount</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">72,527</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">72,337</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%;">
                <div style="text-align: left; font-family: 'Times New Roman';">Deferred revenue, net of current portion</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">1,512</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">1,547</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%; background-color: #CCEEFF;">
                <div style="text-align: left; font-family: 'Times New Roman';">End of term fee</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">1,313</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">1,313</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%;">
                <div style="text-align: left; font-family: 'Times New Roman';">Lease obligations, net of current portion</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">8,298</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">8,561</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%; padding-bottom: 2px; background-color: #CCEEFF;">
                <div style="text-align: left; font-family: 'Times New Roman';">Other non-current liabilities</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">2</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">360</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%; padding-bottom: 2px;">
                <div style="text-align: left; font-family: 'Times New Roman'; font-weight: bold;">TOTAL LIABILITIES</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">137,150</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">139,660</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%; background-color: #CCEEFF;">
                <div style="text-align: left; font-family: 'Times New Roman';">&#160;</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" colspan="1" class="cftnumcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" colspan="1" class="cftnumcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%;">
                <div style="text-align: left; font-family: 'Times New Roman'; font-weight: bold;">COMMITMENTS AND CONTINGENCIES</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1" class="cftnumcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1" class="cftnumcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%; background-color: #CCEEFF;">
                <div style="text-align: left; font-family: 'Times New Roman';">&#160;</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" colspan="1" class="cftnumcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" colspan="1" class="cftnumcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%;">
                <div style="text-align: left; font-family: 'Times New Roman'; font-weight: bold;">STOCKHOLDERS' EQUITY</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1" class="cftnumcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1" class="cftnumcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%; background-color: #CCEEFF;">
                <div style="text-align: left; font-family: 'Times New Roman';">Preferred Stock, $0.0001 par value, 10,000,000 shares authorized, <br>
                  <div style="text-align: left; font-family: 'Times New Roman'; text-indent: 9pt;">no shares issued and outstanding</div>
                </div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" colspan="1" class="cftnumcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" colspan="1" class="cftnumcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" style="vertical-align: bottom; font-size: 10pt; width: 76%;">
                <div style="text-align: left; font-family: 'Times New Roman';">Common Stock - voting, $0.0001 par value, 300,000,000 shares authorized, <br>
                  <div style="text-align: left; font-family: 'Times New Roman'; text-indent: 9pt;">238,532,252 and 236,620,545 shares issued and outstanding at March 31, </div>
                  <div style="text-align: left; font-family: 'Times New Roman'; text-indent: 9pt;">2025 and December 31, 2024</div>
                </div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1" class="cftnumcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1" class="cftnumcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" style="vertical-align: bottom; font-size: 10pt; width: 76%; background-color: #CCEEFF;"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">24</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">24</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" style="vertical-align: bottom; font-size: 10pt; width: 76%;">
                <div style="text-align: left; font-family: 'Times New Roman';">Additional paid-in capital</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">655,074</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">657,577</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%; padding-bottom: 2px; background-color: #CCEEFF;">
                <div style="text-align: left; font-family: 'Times New Roman';">Accumulated deficit</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">(281,679</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;" colspan="1" class="cftfncell">
                <div style="font-family: 'Times New Roman';">)</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">(308,583</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;" colspan="1" class="cftfncell">
                <div style="font-family: 'Times New Roman';">)</div>
              </td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%; padding-bottom: 2px;">
                <div style="text-align: left; font-family: 'Times New Roman'; font-weight: bold;">TOTAL STOCKHOLDERS' EQUITY</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">373,419</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">349,018</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%; padding-bottom: 4px; background-color: #CCEEFF;">
                <div style="text-align: left; font-family: 'Times New Roman'; font-weight: bold;">TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">
                <div style="font-family: 'Times New Roman';">$</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #CCEEFF;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">510,569</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: right; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">
                <div style="font-family: 'Times New Roman';">$</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #CCEEFF;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">488,678</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
            </tr>

        </table>
        <div style="font-size: 10pt;"><br>
        </div>
        <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
          <div class="BRPFPageBreak" style="page-break-after: always;">
            <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
        </div>
        <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt;"><img src="image00002.jpg"></div>
        <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;"><u> <br>
            </u></font></div>
        <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;"><u>ADMA BIOLOGICS, INC. AND SUBSIDIARIES</u></font><font style="font-size: 10pt; font-family: 'Times New Roman';"><br>
            <u>&#160;</u></font><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;"><u>CONSOLIDATED STATEMENTS OF OPERATIONS</u></font></div>
        <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;"><u> <br>
            </u></font></div>
        <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; text-align: left; color: #000000; width: 100%;" id="z44553a33934d4a1ab74ba2aca775f058" class="cfttable">

            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; padding-bottom: 2px;"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; padding-bottom: 2px;" colspan="1" class="cftguttercell"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; border-bottom: #000000 solid 2px;" colspan="6">
                <div style="text-align: center; font-family: 'Times New Roman'; font-weight: bold;">Three Months ended March 31,</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; padding-bottom: 2px;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; padding-bottom: 2px;"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; padding-bottom: 2px;" colspan="1" class="cftguttercell"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; border-bottom: #000000 solid 2px;" colspan="2">
                <div style="text-align: center; font-family: 'Times New Roman'; font-weight: bold;"> 2025</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; padding-bottom: 2px;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; padding-bottom: 2px;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; border-bottom: #000000 solid 2px;" colspan="2">
                <div style="text-align: center; font-family: 'Times New Roman'; font-weight: bold;">2024</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; padding-bottom: 2px;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt;"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom;" colspan="1" class="cftguttercell"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt;" colspan="6">
                <div style="text-align: center; font-family: 'Times New Roman'; font-style: italic;">(Unaudited, in thousands, except share and per share data)</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt;"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom;" colspan="1" class="cftguttercell"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt;" colspan="2">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt;" colspan="2">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%; background-color: rgb(204, 238, 255);">
                <div style="text-align: left; font-family: 'Times New Roman'; font-weight: bold;">REVENUES</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftguttercell"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">
                <div style="font-family: 'Times New Roman';">$</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">114,802</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">
                <div style="font-family: 'Times New Roman';">$</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">81,875</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" style="vertical-align: bottom; font-size: 10pt; width: 76%; padding-bottom: 2px;">
                <div style="text-align: left; font-family: 'Times New Roman'; margin-left: 9pt;">Cost of product revenue</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1" class="cftguttercell"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px;" colspan="1" class="cftcurrcell"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">53,705</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">42,767</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%; padding-bottom: 2px; background-color: rgb(204, 238, 255);">
                <div style="text-align: left; font-family: 'Times New Roman'; font-weight: bold; margin-left: 18pt;">Gross profit</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;" colspan="1" class="cftguttercell"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" colspan="1" class="cftcurrcell"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">61,097</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">39,108</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%;"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%;" colspan="1" class="cftguttercell"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftcurrcell"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1" class="cftnumcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1" class="cftnumcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%; background-color: rgb(204, 238, 255);">
                <div style="text-align: left; font-family: 'Times New Roman'; font-weight: bold;">OPERATING EXPENSES:</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftguttercell"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftcurrcell"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" colspan="1" class="cftnumcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" colspan="1" class="cftnumcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%;">
                <div style="text-align: left; font-family: 'Times New Roman'; margin-left: 9pt;">Research and development</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%;" colspan="1" class="cftguttercell"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftcurrcell"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">826</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">450</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%; background-color: rgb(204, 238, 255);">
                <div style="text-align: left; font-family: 'Times New Roman'; margin-left: 9pt;">Plasma center operating expenses</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftguttercell"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftcurrcell"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">1,286</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">1,005</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%;">
                <div style="text-align: left; font-family: 'Times New Roman'; margin-left: 9pt;">Amortization of intangible assets</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%;" colspan="1" class="cftguttercell"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftcurrcell"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">25</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">193</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%; padding-bottom: 2px; background-color: rgb(204, 238, 255);">
                <div style="text-align: left; font-family: 'Times New Roman'; margin-left: 9pt;">Selling, general and administrative</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;" colspan="1" class="cftguttercell"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" colspan="1" class="cftcurrcell"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">24,079</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">15,639</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%; padding-bottom: 2px;">
                <div style="text-align: left; font-family: 'Times New Roman'; font-weight: bold; margin-left: 18pt;">Total operating expenses</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1" class="cftguttercell"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px;" colspan="1" class="cftcurrcell"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">26,216</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">17,287</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%; background-color: rgb(204, 238, 255);"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftguttercell"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftcurrcell"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" colspan="1" class="cftnumcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" colspan="1" class="cftnumcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%; padding-bottom: 2px;">
                <div style="text-align: left; font-family: 'Times New Roman'; font-weight: bold;">INCOME FROM OPERATIONS</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1" class="cftguttercell"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px;" colspan="1" class="cftcurrcell"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">34,881</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">21,821</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%; background-color: rgb(204, 238, 255);"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftguttercell"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftcurrcell"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" colspan="1" class="cftnumcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" colspan="1" class="cftnumcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%;">
                <div style="text-align: left; font-family: 'Times New Roman'; font-weight: bold;">OTHER INCOME (EXPENSE):</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%;" colspan="1" class="cftguttercell"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftcurrcell"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1" class="cftnumcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1" class="cftnumcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%; background-color: rgb(204, 238, 255);">
                <div style="text-align: left; font-family: 'Times New Roman'; margin-left: 9pt;">Interest income</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftguttercell"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftcurrcell"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">608</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">384</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%;">
                <div style="text-align: left; font-family: 'Times New Roman'; margin-left: 9pt;">Interest expense</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%;" colspan="1" class="cftguttercell"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftcurrcell"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">(1,975</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftfncell">
                <div style="font-family: 'Times New Roman';">)</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">(3,769</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftfncell">
                <div style="font-family: 'Times New Roman';">)</div>
              </td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%; padding-bottom: 2px; background-color: rgb(204, 238, 255);">
                <div style="text-align: left; font-family: 'Times New Roman'; margin-left: 9pt;">Other expense</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;" colspan="1" class="cftguttercell"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" colspan="1" class="cftcurrcell"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">(64</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;" colspan="1" class="cftfncell">
                <div style="font-family: 'Times New Roman';">)</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">(35</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;" colspan="1" class="cftfncell">
                <div style="font-family: 'Times New Roman';">)</div>
              </td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%; padding-bottom: 2px;">
                <div style="text-align: left; font-family: 'Times New Roman'; font-weight: bold; margin-left: 18pt;">Other expense, net</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1" class="cftguttercell"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px;" colspan="1" class="cftcurrcell"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">(1,431</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1" class="cftfncell">
                <div style="font-family: 'Times New Roman';">)</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">(3,420</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1" class="cftfncell">
                <div style="font-family: 'Times New Roman';">)</div>
              </td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%; background-color: rgb(204, 238, 255);"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftguttercell"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftcurrcell"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" colspan="1" class="cftnumcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" colspan="1" class="cftnumcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%;">
                <div style="text-align: left; font-family: 'Times New Roman'; font-weight: bold;">INCOME BEFORE INCOME TAXES</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%;" colspan="1" class="cftguttercell"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftcurrcell"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">33,450</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">18,401</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%; background-color: rgb(204, 238, 255);"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftguttercell"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftcurrcell"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" colspan="1" class="cftnumcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" colspan="1" class="cftnumcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%;">
                <div style="text-align: left; font-family: 'Times New Roman'; margin-left: 9pt;">Provision for income taxes</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%;" colspan="1" class="cftguttercell"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftcurrcell"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">6,546</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">595</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%; background-color: rgb(204, 238, 255); padding-bottom: 2px;"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); padding-bottom: 2px;" colspan="1" class="cftguttercell"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1" class="cftcurrcell"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1" class="cftnumcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); padding-bottom: 2px;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); padding-bottom: 2px;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1" class="cftnumcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); padding-bottom: 2px;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%; padding-bottom: 4px;">
                <div style="text-align: left; font-family: 'Times New Roman'; font-weight: bold;">NET INCOME</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%; padding-bottom: 4px;" colspan="1" class="cftguttercell"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px;" colspan="1" class="cftcurrcell">
                <div style="font-family: 'Times New Roman';">$</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">26,904</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%; padding-bottom: 4px;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px;" colspan="1" class="cftcurrcell">
                <div style="font-family: 'Times New Roman';">$</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">17,806</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%; background-color: rgb(204, 238, 255);"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftguttercell"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftcurrcell"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" colspan="1" class="cftnumcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" colspan="1" class="cftnumcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" style="vertical-align: bottom; font-size: 10pt; width: 76%; padding-bottom: 4px;">
                <div style="text-align: left; font-family: 'Times New Roman'; font-weight: bold;">BASIC EARNINGS PER COMMON SHARE</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%; padding-bottom: 4px;" colspan="1" class="cftguttercell"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px;" colspan="1" class="cftcurrcell">
                <div style="font-family: 'Times New Roman';">$</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">0.11</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%; padding-bottom: 4px;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px;" colspan="1" class="cftcurrcell">
                <div style="font-family: 'Times New Roman';">$</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">0.08</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" style="vertical-align: bottom; font-size: 10pt; width: 76%; padding-bottom: 4px; background-color: rgb(204, 238, 255);">
                <div style="text-align: left; font-family: 'Times New Roman'; font-weight: bold;">DILUTED EARNINGS PER COMMON SHARE</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;" colspan="1" class="cftguttercell"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">
                <div style="font-family: 'Times New Roman';">$</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #CCEEFF;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">0.11</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">
                <div style="font-family: 'Times New Roman';">$</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #CCEEFF;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">0.08</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%;"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%;" colspan="1" class="cftguttercell"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftcurrcell"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1" class="cftnumcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1" class="cftnumcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" style="vertical-align: bottom; font-size: 10pt; width: 76%; background-color: rgb(204, 238, 255);">
                <div style="text-align: left; font-family: 'Times New Roman'; font-weight: bold;">WEIGHTED-AVERAGE COMMON SHARES OUTSTANDING:</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftguttercell"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftcurrcell"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" colspan="1" class="cftnumcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" colspan="1" class="cftnumcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%; padding-bottom: 4px;">
                <div style="text-align: left; font-family: 'Times New Roman'; font-weight: bold; margin-left: 9pt;">Basic</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%; padding-bottom: 4px;" colspan="1" class="cftguttercell"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px;" colspan="1" class="cftcurrcell"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">237,775,476</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%; padding-bottom: 4px;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">228,874,847</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%; padding-bottom: 4px; background-color: rgb(204, 238, 255);">
                <div style="text-align: left; font-family: 'Times New Roman'; font-weight: bold; margin-left: 9pt;">Diluted</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;" colspan="1" class="cftguttercell"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #CCEEFF;" colspan="1" class="cftcurrcell"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #CCEEFF;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">244,676,350</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #CCEEFF;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">236,414,374</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
            </tr>

        </table>
        <div style="font-size: 10pt;"><br>
        </div>
        <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
          <div class="BRPFPageBreak" style="page-break-after: always;">
            <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
        </div>
        <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">NON-GAAP RECONCILIATION</div>
        <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">RECONCILIATION OF GAAP TOTAL REVENUE TO ADJUSTED TOTAL REVENUE </font><font style="font-size: 10pt;"><sup style="font-style: italic; vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup></font></div>
        <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt;"><sup style="font-style: italic; vertical-align: text-top; line-height: 1; font-size: smaller;"> </sup></font><br>
          <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; color: rgb(0, 0, 0); width: 100%;" id="z5c2c7b09e3ae4b5bbc783c7240bef5c9" class="cfttable">

              <tr>
                <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; padding-bottom: 2px;"><br>
                </td>
                <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; padding-bottom: 2px; font-size: 10pt;" colspan="1" class="cftguttercell">&#160;</td>
                <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; border-bottom: #000000 solid 2px;" colspan="6">
                  <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold; text-align: center;">Three months ended March 31,</div>
                </td>
                <td valign="bottom" nowrap="nowrap" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;" colspan="1" class="cftfncell">&#160;</td>
              </tr>
              <tr>
                <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; padding-bottom: 2px;"><br>
                </td>
                <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; padding-bottom: 2px; font-size: 10pt;" colspan="1" class="cftguttercell">&#160;</td>
                <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; border-bottom: #000000 solid 2px;" colspan="2">
                  <div style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold; text-align: center;"> 2025</div>
                </td>
                <td valign="bottom" nowrap="nowrap" style="text-align: left; vertical-align: bottom; padding-bottom: 2px; font-size: 10pt;" colspan="1" class="cftfncell">&#160;</td>
                <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; padding-bottom: 2px; font-size: 10pt;" colspan="1" class="cftguttercell">&#160;</td>
                <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; border-bottom: #000000 solid 2px;" colspan="2">
                  <div style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold; text-align: center;">2024</div>
                </td>
                <td valign="bottom" nowrap="nowrap" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;" colspan="1" class="cftfncell">&#160;</td>
              </tr>
              <tr>
                <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom;"><br>
                </td>
                <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt;" colspan="1" class="cftguttercell">&#160;</td>
                <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom;" colspan="6">
                  <div style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">(In thousands)</div>
                </td>
                <td valign="bottom" nowrap="nowrap" style="text-align: left; vertical-align: bottom;" colspan="1" class="cftfncell">&#160;</td>
              </tr>
              <tr>
                <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 76%; background-color: #CCEEFF;">
                  <div style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Revenues</div>
                </td>
                <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" colspan="1" class="cftguttercell">&#160;</td>
                <td valign="bottom" nowrap="nowrap" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">
                  <div style="font-family: 'Times New Roman'; font-size: 10pt;">$</div>
                </td>
                <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" colspan="1" class="cftnumcell">
                  <div style="font-family: 'Times New Roman'; font-size: 10pt;">114,802</div>
                </td>
                <td valign="bottom" nowrap="nowrap" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" colspan="1" class="cftfncell">&#160;</td>
                <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); font-size: 10pt;" colspan="1" class="cftguttercell">&#160;</td>
                <td valign="bottom" nowrap="nowrap" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">
                  <div style="font-family: 'Times New Roman'; font-size: 10pt;">$</div>
                </td>
                <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" colspan="1" class="cftnumcell">
                  <div style="font-family: 'Times New Roman'; font-size: 10pt;">81,875</div>
                </td>
                <td valign="bottom" nowrap="nowrap" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
              </tr>
              <tr>
                <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 76%; padding-bottom: 2px;" colspan="1">
                  <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 10pt;">Customer credits related to the Voluntary Withdrawal</div>
                </td>
                <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; font-size: 10pt;" colspan="1" class="cftguttercell">&#160;</td>
                <td valign="bottom" nowrap="nowrap" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt;" colspan="1" class="cftcurrcell">&#160;</td>
                <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1" class="cftnumcell">
                  <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 10pt;">3,837</div>
                </td>
                <td valign="bottom" nowrap="nowrap" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; font-size: 10pt;" colspan="1" class="cftfncell">&#160;</td>
                <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 2px; font-size: 10pt;" colspan="1" class="cftguttercell">&#160;</td>
                <td valign="bottom" nowrap="nowrap" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0); font-size: 10pt;" colspan="1" class="cftcurrcell">&#160;</td>
                <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1" class="cftnumcell">
                  <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 10pt;">-</div>
                </td>
                <td valign="bottom" nowrap="nowrap" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1" class="cftfncell">&#160;</td>
              </tr>
              <tr>
                <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 76%; padding-bottom: 4px; background-color: #CCEEFF;" colspan="1">
                  <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Adjusted Revenues</div>
                </td>
                <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: rgb(204, 238, 255); font-size: 10pt;" colspan="1" class="cftguttercell">&#160;</td>
                <td valign="bottom" nowrap="nowrap" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">
                  <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 10pt;">$</div>
                </td>
                <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #CCEEFF;" colspan="1" class="cftnumcell">
                  <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 10pt;">118,639</div>
                </td>
                <td valign="bottom" nowrap="nowrap" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: rgb(204, 238, 255); font-size: 10pt;" colspan="1" class="cftfncell">&#160;</td>
                <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: rgb(204, 238, 255); font-size: 10pt;" colspan="1" class="cftguttercell">&#160;</td>
                <td valign="bottom" nowrap="nowrap" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">
                  <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 10pt;">$</div>
                </td>
                <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #CCEEFF;" colspan="1" class="cftnumcell">
                  <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 10pt;">81,875</div>
                </td>
                <td valign="bottom" nowrap="nowrap" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
              </tr>

          </table>
        </div>
        <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt;"><sup style="font-style: italic; vertical-align: text-top; line-height: 1; font-size: smaller;"> <br>
            </sup></font></div>
        <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt;"><sup style="font-style: italic; vertical-align: text-top; line-height: 1; font-size: smaller;"> <br>
            </sup></font></div>
        <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">NON-GAAP RECONCILIATION</div>
        <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">RECONCILIATION OF GAAP NET INCOME TO ADJUSTED EBITDA</font><font style="font-size: 10pt;"><sup style="font-style: italic; vertical-align: text-top; line-height: 1; font-size: smaller;"> (2)</sup></font></div>
        <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt;"><sup style="font-style: italic; vertical-align: text-top; line-height: 1; font-size: smaller;"> <br>
            </sup></font></div>
        <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; text-align: left; color: #000000; width: 100%;" id="z09da47c3952143eea04acce53197a003" class="cfttable">

            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; padding-bottom: 2px;"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; padding-bottom: 2px;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; border-bottom: #000000 solid 2px;" colspan="6">
                <div style="text-align: center; font-family: 'Times New Roman'; font-weight: bold;">Three Months Ended March 31,</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; padding-bottom: 2px;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; padding-bottom: 2px;"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; padding-bottom: 2px;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; border-bottom: #000000 solid 2px;" colspan="2">
                <div style="text-align: center; font-family: 'Times New Roman'; font-weight: bold;"> 2025</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; padding-bottom: 2px;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; padding-bottom: 2px;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; border-bottom: #000000 solid 2px;" colspan="2">
                <div style="text-align: center; font-family: 'Times New Roman'; font-weight: bold;">2024</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; padding-bottom: 2px;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt;"><br>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt;" colspan="6">
                <div style="text-align: center; font-family: 'Times New Roman'; font-style: italic;">(In thousands)</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%; background-color: #CCEEFF;">
                <div style="text-align: left; font-family: 'Times New Roman'; font-weight: bold;">Net income</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">
                <div style="font-family: 'Times New Roman';">$</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">26,904</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">
                <div style="font-family: 'Times New Roman';">$</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">17,806</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%;">
                <div style="text-align: left; color: rgb(0, 0, 0); font-family: 'Times New Roman';">Depreciation</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1" class="cftnumcell">
                <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman';">1,944</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1" class="cftnumcell">
                <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman';">1,921</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%; background-color: #CCEEFF;">
                <div style="text-align: left; color: rgb(0, 0, 0); font-family: 'Times New Roman';">Amortization</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" colspan="1" class="cftnumcell">
                <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman';">25</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" colspan="1" class="cftnumcell">
                <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman';">193</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%;">
                <div style="text-align: left; color: rgb(0, 0, 0); font-family: 'Times New Roman';">Income taxes</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1" class="cftnumcell">
                <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman';">6,546</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1" class="cftnumcell">
                <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman';">595</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%; padding-bottom: 2px; background-color: #CCEEFF;">
                <div style="text-align: left; color: rgb(0, 0, 0); font-family: 'Times New Roman';">Interest expense</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" colspan="1" class="cftnumcell">
                <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman';">1,975</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;" colspan="1" class="cftnumcell">
                <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman';">3,769</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%;">
                <div style="text-align: left; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-weight: bold;">EBITDA</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1" class="cftnumcell">
                <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman';">37,393</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1" class="cftnumcell">
                <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman';">24,284</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%; background-color: #CCEEFF;">
                <div style="text-align: left; color: rgb(0, 0, 0); font-family: 'Times New Roman';">Stock-based compensation</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" colspan="1" class="cftnumcell">
                <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman';">4,624</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" colspan="1" class="cftnumcell">
                <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman';">2,141</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%;" colspan="1">
                <div style="text-align: left; color: rgb(0, 0, 0); font-family: 'Times New Roman';">Customer credits related to the Voluntary Withdrawal</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1" class="cftnumcell">
                <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman';">3,837</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1" class="cftnumcell">
                <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman';">-</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%; background-color: #CCEEFF;">
                <div style="text-align: left; color: rgb(0, 0, 0); font-family: 'Times New Roman';">Yield Enhancement</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" colspan="1" class="cftnumcell">
                <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman';">902</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" colspan="1" class="cftnumcell">
                <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman';">-</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%; padding-bottom: 2px;" colspan="1">
                <div style="text-align: left; color: rgb(0, 0, 0); font-family: 'Times New Roman';">Non-recurring professional fees <sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(a)</sup></div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1" class="cftnumcell">
                <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman';">1,182</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" colspan="1" class="cftnumcell">
                <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman';">-</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%; padding-bottom: 4px; background-color: #CCEEFF;">
                <div style="text-align: left; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-weight: bold;">Adjusted EBITDA</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">
                <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman';">$</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #CCEEFF;" colspan="1" class="cftnumcell">
                <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman';">47,939</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">
                <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman';">$</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #CCEEFF;" colspan="1" class="cftnumcell">
                <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman';">26,425</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
            </tr>

        </table>
        <div style="font-size: 10pt;"><br>
        </div>
        <div style="font-size: 10pt;">
          <div style="text-align: left; color: rgb(0, 0, 0); font-family: 'Times New Roman';"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(a)</sup> Non-recurring professional fees represent incremental costs associated with a vendor change that we do not expect to incur in future periods.</div>
        </div>
        <div style="font-size: 10pt;"><br>
        </div>
        <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
          <div style="page-break-after: always;" class="BRPFPageBreak">
            <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
        </div>
        <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">NON-GAAP RECONCILIATION</div>
        <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">RECONCILIATION OF GAAP NET INCOME TO ADJUSTED NET INCOME</font><font style="font-size: 10pt;"><sup style="font-style: italic; vertical-align: text-top; line-height: 1; font-size: smaller;"> (3)</sup></font></div>
        <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt;"><sup style="font-style: italic; vertical-align: text-top; line-height: 1; font-size: smaller;"> <br>
            </sup></font></div>
        <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; text-align: left; color: #000000; width: 100%;" id="zbb49e2abef924122a06a6359bbe1757c" class="cfttable">

            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; padding-bottom: 2px;">
                <div style="text-align: left; color: rgb(0, 0, 0); font-family: 'Times New Roman';">&#160;</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; padding-bottom: 2px;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; border-bottom: #000000 solid 2px;" colspan="6">
                <div style="text-align: center; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-weight: bold;">Three months ended March 31,</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; padding-bottom: 2px;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; padding-bottom: 2px;">
                <div style="text-align: left; color: rgb(0, 0, 0); font-family: 'Times New Roman';">&#160;</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; padding-bottom: 2px;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; border-bottom: #000000 solid 2px;" colspan="2">
                <div style="text-align: center; font-family: 'Times New Roman'; font-weight: bold;"> 2025</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; padding-bottom: 2px;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; padding-bottom: 2px;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; border-bottom: #000000 solid 2px;" colspan="2">
                <div style="text-align: center; font-family: 'Times New Roman'; font-weight: bold;">2024</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; padding-bottom: 2px;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt;">
                <div style="text-align: left; color: rgb(0, 0, 0); font-family: 'Times New Roman';">&#160;</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt;" colspan="6">
                <div style="text-align: center; font-family: 'Times New Roman'; font-style: italic;">(In thousands)</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%; background-color: #CCEEFF;">
                <div style="text-align: left; font-family: 'Times New Roman'; font-weight: bold;">Net income</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">
                <div style="font-family: 'Times New Roman';">$</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">26,904</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">
                <div style="font-family: 'Times New Roman';">$</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" colspan="1" class="cftnumcell">
                <div style="font-family: 'Times New Roman';">17,806</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%;">
                <div style="text-align: left; color: rgb(0, 0, 0); font-family: 'Times New Roman';">Stock-based compensation modifications (pre-tax)</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1" class="cftnumcell">
                <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman';">474</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1" class="cftnumcell">
                <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman';">-</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%; background-color: #CCEEFF;">
                <div style="text-align: left; color: rgb(0, 0, 0); font-family: 'Times New Roman';">Customer credits related to the Voluntary Withdrawal (pre-tax)</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" colspan="1" class="cftnumcell">
                <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman';">3,837</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" colspan="1" class="cftnumcell">
                <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman';">-</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%;">
                <div style="text-align: left; color: rgb(0, 0, 0); font-family: 'Times New Roman';">Yield Enhancement (pre-tax)</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1" class="cftnumcell">
                <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman';">902</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%;" colspan="1" class="cftnumcell">
                <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman';">-</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%; background-color: rgb(204, 238, 255); padding-bottom: 2px;">
                <div style="text-align: left; color: rgb(0, 0, 0); font-family: 'Times New Roman';">Non-recurring professional fees (pre-tax) <sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(a)</sup></div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); padding-bottom: 2px;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1" class="cftnumcell">
                <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman';">1,182</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); padding-bottom: 2px;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); padding-bottom: 2px;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1" class="cftcurrcell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1" class="cftnumcell">
                <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman';">-</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); padding-bottom: 2px;" colspan="1" class="cftfncell">&#160;</td>
            </tr>
            <tr>
              <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; font-size: 10pt; width: 76%; padding-bottom: 4px;">
                <div style="text-align: left; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-weight: bold;">Adjusted net income <sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(b)</sup></div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%; padding-bottom: 4px;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px;" colspan="1" class="cftcurrcell">
                <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman';">$</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px;" colspan="1" class="cftnumcell">
                <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman';">33,299</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px;" colspan="1" class="cftfncell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="text-align: right; font-size: 10pt; vertical-align: bottom; width: 1%; padding-bottom: 4px;" colspan="1" class="cftguttercell">&#160;</td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px;" colspan="1" class="cftcurrcell">
                <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman';">$</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px;" colspan="1" class="cftnumcell">
                <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman';">17,806</div>
              </td>
              <td valign="bottom" nowrap="nowrap" style="font-size: 10pt; text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 4px;" colspan="1" class="cftfncell">&#160;</td>
            </tr>

        </table>
        <div style="text-align: justify; font-size: 10pt;"><br>
          <div style="text-align: left; color: rgb(0, 0, 0); font-family: 'Times New Roman';"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(a)</sup> Non-recurring professional fees represent incremental costs associated with a vendor change that we do not expect to incur in future periods.</div>
          <br>
          <div style="text-align: left; color: rgb(0, 0, 0); font-family: 'Times New Roman';"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(b)</sup> Excludes estimated tax effect of the add-backs of $1.3 million.</div>
        </div>
      </div>
      <font style="font-size: 10pt;"> </font>
      <div style="font-size: 10pt;"> <font style="font-size: 10pt;"><br>
        </font></div>
      <font style="font-size: 10pt;"><br>
      </font>
      <div style="font-size: 10pt;">
        <hr noshade="noshade" align="center" style="height: 2px; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;"></div>
    </div>
  </div>
  <font style="font-size: 10pt;"> </font>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.SCH
<SEQUENCE>3
<FILENAME>adma-20250505.xsd
<DESCRIPTION>XBRL TAXONOMY EXTENSION SCHEMA
<TEXT>
<XBRL>
<?xml version="1.0" encoding="us-ascii"?>
<!--Generated by Broadridge PROfile 25.3.2.5298 Broadridge-->
<xs:schema targetNamespace="http://admabiologics.com/20250505" elementFormDefault="qualified" xmlns:xs="http://www.w3.org/2001/XMLSchema" xmlns:adma="http://admabiologics.com/20250505" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:dei="http://xbrl.sec.gov/dei/2024" xmlns:dtr-types="http://www.xbrl.org/dtr/type/2022-03-31" xmlns:us-types="http://fasb.org/us-types/2024" xmlns:srt-types="http://fasb.org/srt-types/2024">
  <xs:annotation>
    <xs:appinfo>
      <link:linkbaseRef xlink:type="simple" xlink:href="adma-20250505_pre.xml" xlink:role="http://www.xbrl.org/2003/role/presentationLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" />
      <link:linkbaseRef xlink:type="simple" xlink:href="adma-20250505_lab.xml" xlink:role="http://www.xbrl.org/2003/role/labelLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" />
      <link:roleType roleURI="http://admabiologics.com/role/DocumentAndEntityInformation" id="DocumentAndEntityInformation">
        <link:definition>000100 - Document - Document and Entity Information</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
    </xs:appinfo>
  </xs:annotation>
  <xs:import namespace="http://fasb.org/us-gaap/2024" schemaLocation="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd" />
  <xs:import namespace="http://xbrl.sec.gov/dei/2024" schemaLocation="https://xbrl.sec.gov/dei/2024/dei-2024.xsd" />
  <xs:import namespace="http://xbrl.sec.gov/country/2024" schemaLocation="https://xbrl.sec.gov/country/2024/country-2024.xsd" />
  <xs:import namespace="http://xbrl.sec.gov/currency/2024" schemaLocation="https://xbrl.sec.gov/currency/2024/currency-2024.xsd" />
  <xs:import namespace="http://xbrl.sec.gov/exch/2024" schemaLocation="https://xbrl.sec.gov/exch/2024/exch-2024.xsd" />
  <xs:import namespace="http://xbrl.sec.gov/naics/2024" schemaLocation="https://xbrl.sec.gov/naics/2024/naics-2024.xsd" />
  <xs:import namespace="http://xbrl.sec.gov/sic/2024" schemaLocation="https://xbrl.sec.gov/sic/2024/sic-2024.xsd" />
  <xs:import namespace="http://www.xbrl.org/2009/role/negated" schemaLocation="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd" />
  <xs:import namespace="http://www.xbrl.org/2009/role/net" schemaLocation="http://www.xbrl.org/lrr/role/net-2009-12-16.xsd" />
  <xs:import namespace="http://xbrl.sec.gov/stpr/2024" schemaLocation="https://xbrl.sec.gov/stpr/2024/stpr-2024.xsd" />
  <xs:import namespace="http://www.xbrl.org/2003/instance" schemaLocation="http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd" />
  <xs:import namespace="http://www.xbrl.org/2004/ref" schemaLocation="http://www.xbrl.org/2004/ref-2004-08-10.xsd" />
  <xs:import namespace="http://xbrl.org/2005/xbrldt" schemaLocation="http://www.xbrl.org/2005/xbrldt-2005.xsd" />
  <xs:import namespace="http://fasb.org/us-types/2024" schemaLocation="https://xbrl.fasb.org/us-gaap/2024/elts/us-types-2024.xsd" />
  <xs:import namespace="http://www.xbrl.org/2009/arcrole/fact-explanatoryFact" schemaLocation="http://www.xbrl.org/lrr/arcrole/factExplanatory-2009-12-16.xsd" />
  <xs:import namespace="http://fasb.org/srt/2024" schemaLocation="https://xbrl.fasb.org/srt/2024/elts/srt-2024.xsd" />
  <xs:import namespace="http://fasb.org/srt-types/2024" schemaLocation="https://xbrl.fasb.org/srt/2024/elts/srt-types-2024.xsd" />
  <xs:import namespace="http://www.xbrl.org/dtr/type/2022-03-31" schemaLocation="https://www.xbrl.org/dtr/type/2022-03-31/types.xsd" />
  <xs:import namespace="http://xbrl.sec.gov/cyd/2024" schemaLocation="https://xbrl.sec.gov/cyd/2024/cyd-2024.xsd" />
</xs:schema>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.LAB
<SEQUENCE>4
<FILENAME>adma-20250505_lab.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION LABEL LINKBASE
<TEXT>
<XBRL>
<?xml version="1.0" encoding="us-ascii"?>
<!--Generated by Broadridge PROfile 25.3.2.5298 Broadridge-->
<link:linkbase xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xbrli="http://www.xbrl.org/2003/instance">
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/netLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/net-2009-12-16.xsd#netLabel" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTotalLabel" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedNetLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedNetLabel" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTerseLabel" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedPeriodEndLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodEndLabel" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedPeriodStartLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodStartLabel" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedLabel" />
  <link:labelLink xlink:type="extended" xlink:role="http://www.xbrl.org/2003/role/link">
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_CoverAbstract" xlink:label="CoverAbstract" xlink:title="CoverAbstract" />
    <link:label xlink:type="resource" xlink:label="dei_CoverAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_CoverAbstract" xml:lang="en-US" id="dei_CoverAbstract">Cover [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CoverAbstract" xlink:to="dei_CoverAbstract" xlink:title="label: CoverAbstract to dei_CoverAbstract" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_DocumentType" xlink:label="DocumentType" xlink:title="DocumentType" />
    <link:label xlink:type="resource" xlink:label="dei_DocumentType" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_DocumentType" xml:lang="en-US" id="dei_DocumentType">Document Type</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DocumentType" xlink:to="dei_DocumentType" xlink:title="label: DocumentType to dei_DocumentType" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_WrittenCommunications" xlink:label="WrittenCommunications" xlink:title="WrittenCommunications" />
    <link:label xlink:type="resource" xlink:label="dei_WrittenCommunications" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_WrittenCommunications" xml:lang="en-US" id="dei_WrittenCommunications">Written Communications</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WrittenCommunications" xlink:to="dei_WrittenCommunications" xlink:title="label: WrittenCommunications to dei_WrittenCommunications" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_SolicitingMaterial" xlink:label="SolicitingMaterial" xlink:title="SolicitingMaterial" />
    <link:label xlink:type="resource" xlink:label="dei_SolicitingMaterial" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_SolicitingMaterial" xml:lang="en-US" id="dei_SolicitingMaterial">Soliciting Material</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SolicitingMaterial" xlink:to="dei_SolicitingMaterial" xlink:title="label: SolicitingMaterial to dei_SolicitingMaterial" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_PreCommencementTenderOffer" xlink:label="PreCommencementTenderOffer" xlink:title="PreCommencementTenderOffer" />
    <link:label xlink:type="resource" xlink:label="dei_PreCommencementTenderOffer" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_PreCommencementTenderOffer" xml:lang="en-US" id="dei_PreCommencementTenderOffer">Pre-commencement Tender Offer</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PreCommencementTenderOffer" xlink:to="dei_PreCommencementTenderOffer" xlink:title="label: PreCommencementTenderOffer to dei_PreCommencementTenderOffer" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_PreCommencementIssuerTenderOffer" xlink:label="PreCommencementIssuerTenderOffer" xlink:title="PreCommencementIssuerTenderOffer" />
    <link:label xlink:type="resource" xlink:label="dei_PreCommencementIssuerTenderOffer" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_PreCommencementIssuerTenderOffer" xml:lang="en-US" id="dei_PreCommencementIssuerTenderOffer">Pre-commencement Issuer Tender Offer</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PreCommencementIssuerTenderOffer" xlink:to="dei_PreCommencementIssuerTenderOffer" xlink:title="label: PreCommencementIssuerTenderOffer to dei_PreCommencementIssuerTenderOffer" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_AmendmentFlag" xlink:label="AmendmentFlag" xlink:title="AmendmentFlag" />
    <link:label xlink:type="resource" xlink:label="dei_AmendmentFlag" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_AmendmentFlag" xml:lang="en-US" id="dei_AmendmentFlag">Amendment Flag</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmendmentFlag" xlink:to="dei_AmendmentFlag" xlink:title="label: AmendmentFlag to dei_AmendmentFlag" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_DocumentFiscalYearFocus" xlink:label="DocumentFiscalYearFocus" xlink:title="DocumentFiscalYearFocus" />
    <link:label xlink:type="resource" xlink:label="dei_DocumentFiscalYearFocus" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_DocumentFiscalYearFocus" xml:lang="en-US" id="dei_DocumentFiscalYearFocus">Document Fiscal Year Focus</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DocumentFiscalYearFocus" xlink:to="dei_DocumentFiscalYearFocus" xlink:title="label: DocumentFiscalYearFocus to dei_DocumentFiscalYearFocus" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_DocumentFiscalPeriodFocus" xlink:label="DocumentFiscalPeriodFocus" xlink:title="DocumentFiscalPeriodFocus" />
    <link:label xlink:type="resource" xlink:label="dei_DocumentFiscalPeriodFocus" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_DocumentFiscalPeriodFocus" xml:lang="en-US" id="dei_DocumentFiscalPeriodFocus">Document Fiscal Period Focus</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DocumentFiscalPeriodFocus" xlink:to="dei_DocumentFiscalPeriodFocus" xlink:title="label: DocumentFiscalPeriodFocus to dei_DocumentFiscalPeriodFocus" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_DocumentPeriodEndDate" xlink:label="DocumentPeriodEndDate" xlink:title="DocumentPeriodEndDate" />
    <link:label xlink:type="resource" xlink:label="dei_DocumentPeriodEndDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_DocumentPeriodEndDate" xml:lang="en-US" id="dei_DocumentPeriodEndDate">Document Period End Date</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DocumentPeriodEndDate" xlink:to="dei_DocumentPeriodEndDate" xlink:title="label: DocumentPeriodEndDate to dei_DocumentPeriodEndDate" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityRegistrantName" xlink:label="EntityRegistrantName" xlink:title="EntityRegistrantName" />
    <link:label xlink:type="resource" xlink:label="dei_EntityRegistrantName" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_EntityRegistrantName" xml:lang="en-US" id="dei_EntityRegistrantName">Entity Registrant Name</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityRegistrantName" xlink:to="dei_EntityRegistrantName" xlink:title="label: EntityRegistrantName to dei_EntityRegistrantName" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityCentralIndexKey" xlink:label="EntityCentralIndexKey" xlink:title="EntityCentralIndexKey" />
    <link:label xlink:type="resource" xlink:label="dei_EntityCentralIndexKey" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_EntityCentralIndexKey" xml:lang="en-US" id="dei_EntityCentralIndexKey">Entity Central Index Key</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityCentralIndexKey" xlink:to="dei_EntityCentralIndexKey" xlink:title="label: EntityCentralIndexKey to dei_EntityCentralIndexKey" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityFileNumber" xlink:label="EntityFileNumber" xlink:title="EntityFileNumber" />
    <link:label xlink:type="resource" xlink:label="dei_EntityFileNumber" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_EntityFileNumber" xml:lang="en-US" id="dei_EntityFileNumber">Entity File Number</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityFileNumber" xlink:to="dei_EntityFileNumber" xlink:title="label: EntityFileNumber to dei_EntityFileNumber" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityTaxIdentificationNumber" xlink:label="EntityTaxIdentificationNumber" xlink:title="EntityTaxIdentificationNumber" />
    <link:label xlink:type="resource" xlink:label="dei_EntityTaxIdentificationNumber" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_EntityTaxIdentificationNumber" xml:lang="en-US" id="dei_EntityTaxIdentificationNumber">Entity Tax Identification Number</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityTaxIdentificationNumber" xlink:to="dei_EntityTaxIdentificationNumber" xlink:title="label: EntityTaxIdentificationNumber to dei_EntityTaxIdentificationNumber" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityIncorporationStateCountryCode" xlink:label="EntityIncorporationStateCountryCode" xlink:title="EntityIncorporationStateCountryCode" />
    <link:label xlink:type="resource" xlink:label="dei_EntityIncorporationStateCountryCode" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_EntityIncorporationStateCountryCode" xml:lang="en-US" id="dei_EntityIncorporationStateCountryCode">Entity Incorporation, State or Country Code</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityIncorporationStateCountryCode" xlink:to="dei_EntityIncorporationStateCountryCode" xlink:title="label: EntityIncorporationStateCountryCode to dei_EntityIncorporationStateCountryCode" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityEmergingGrowthCompany" xlink:label="EntityEmergingGrowthCompany" xlink:title="EntityEmergingGrowthCompany" />
    <link:label xlink:type="resource" xlink:label="dei_EntityEmergingGrowthCompany" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_EntityEmergingGrowthCompany" xml:lang="en-US" id="dei_EntityEmergingGrowthCompany">Entity Emerging Growth Company</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityEmergingGrowthCompany" xlink:to="dei_EntityEmergingGrowthCompany" xlink:title="label: EntityEmergingGrowthCompany to dei_EntityEmergingGrowthCompany" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressAddressLine1" xlink:label="EntityAddressAddressLine1" xlink:title="EntityAddressAddressLine1" />
    <link:label xlink:type="resource" xlink:label="dei_EntityAddressAddressLine1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_EntityAddressAddressLine1" xml:lang="en-US" id="dei_EntityAddressAddressLine1">Entity Address, Address Line One</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityAddressAddressLine1" xlink:to="dei_EntityAddressAddressLine1" xlink:title="label: EntityAddressAddressLine1 to dei_EntityAddressAddressLine1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressAddressLine2" xlink:label="EntityAddressAddressLine2" xlink:title="EntityAddressAddressLine2" />
    <link:label xlink:type="resource" xlink:label="dei_EntityAddressAddressLine2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_EntityAddressAddressLine2" xml:lang="en-US" id="dei_EntityAddressAddressLine2">Entity Address, Address Line Two</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityAddressAddressLine2" xlink:to="dei_EntityAddressAddressLine2" xlink:title="label: EntityAddressAddressLine2 to dei_EntityAddressAddressLine2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressAddressLine3" xlink:label="EntityAddressAddressLine3" xlink:title="EntityAddressAddressLine3" />
    <link:label xlink:type="resource" xlink:label="dei_EntityAddressAddressLine3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_EntityAddressAddressLine3" xml:lang="en-US" id="dei_EntityAddressAddressLine3">Entity Address, Address Line Three</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityAddressAddressLine3" xlink:to="dei_EntityAddressAddressLine3" xlink:title="label: EntityAddressAddressLine3 to dei_EntityAddressAddressLine3" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressCityOrTown" xlink:label="EntityAddressCityOrTown" xlink:title="EntityAddressCityOrTown" />
    <link:label xlink:type="resource" xlink:label="dei_EntityAddressCityOrTown" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_EntityAddressCityOrTown" xml:lang="en-US" id="dei_EntityAddressCityOrTown">Entity Address, City or Town</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityAddressCityOrTown" xlink:to="dei_EntityAddressCityOrTown" xlink:title="label: EntityAddressCityOrTown to dei_EntityAddressCityOrTown" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressStateOrProvince" xlink:label="EntityAddressStateOrProvince" xlink:title="EntityAddressStateOrProvince" />
    <link:label xlink:type="resource" xlink:label="dei_EntityAddressStateOrProvince" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_EntityAddressStateOrProvince" xml:lang="en-US" id="dei_EntityAddressStateOrProvince">Entity Address, State or Province</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityAddressStateOrProvince" xlink:to="dei_EntityAddressStateOrProvince" xlink:title="label: EntityAddressStateOrProvince to dei_EntityAddressStateOrProvince" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressCountry" xlink:label="EntityAddressCountry" xlink:title="EntityAddressCountry" />
    <link:label xlink:type="resource" xlink:label="dei_EntityAddressCountry" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_EntityAddressCountry" xml:lang="en-US" id="dei_EntityAddressCountry">Entity Address, Country</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityAddressCountry" xlink:to="dei_EntityAddressCountry" xlink:title="label: EntityAddressCountry to dei_EntityAddressCountry" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressPostalZipCode" xlink:label="EntityAddressPostalZipCode" xlink:title="EntityAddressPostalZipCode" />
    <link:label xlink:type="resource" xlink:label="dei_EntityAddressPostalZipCode" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_EntityAddressPostalZipCode" xml:lang="en-US" id="dei_EntityAddressPostalZipCode">Entity Address, Postal Zip Code</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityAddressPostalZipCode" xlink:to="dei_EntityAddressPostalZipCode" xlink:title="label: EntityAddressPostalZipCode to dei_EntityAddressPostalZipCode" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_CityAreaCode" xlink:label="CityAreaCode" xlink:title="CityAreaCode" />
    <link:label xlink:type="resource" xlink:label="dei_CityAreaCode" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_CityAreaCode" xml:lang="en-US" id="dei_CityAreaCode">City Area Code</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CityAreaCode" xlink:to="dei_CityAreaCode" xlink:title="label: CityAreaCode to dei_CityAreaCode" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_LocalPhoneNumber" xlink:label="LocalPhoneNumber" xlink:title="LocalPhoneNumber" />
    <link:label xlink:type="resource" xlink:label="dei_LocalPhoneNumber" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_LocalPhoneNumber" xml:lang="en-US" id="dei_LocalPhoneNumber">Local Phone Number</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LocalPhoneNumber" xlink:to="dei_LocalPhoneNumber" xlink:title="label: LocalPhoneNumber to dei_LocalPhoneNumber" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_Security12bTitle" xlink:label="Security12bTitle" xlink:title="Security12bTitle" />
    <link:label xlink:type="resource" xlink:label="dei_Security12bTitle" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_Security12bTitle" xml:lang="en-US" id="dei_Security12bTitle">Title of 12(b) Security</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Security12bTitle" xlink:to="dei_Security12bTitle" xlink:title="label: Security12bTitle to dei_Security12bTitle" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_NoTradingSymbolFlag" xlink:label="NoTradingSymbolFlag" xlink:title="NoTradingSymbolFlag" />
    <link:label xlink:type="resource" xlink:label="dei_NoTradingSymbolFlag" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_NoTradingSymbolFlag" xml:lang="en-US" id="dei_NoTradingSymbolFlag">No Trading Symbol Flag</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoTradingSymbolFlag" xlink:to="dei_NoTradingSymbolFlag" xlink:title="label: NoTradingSymbolFlag to dei_NoTradingSymbolFlag" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_TradingSymbol" xlink:label="TradingSymbol" xlink:title="TradingSymbol" />
    <link:label xlink:type="resource" xlink:label="dei_TradingSymbol" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_TradingSymbol" xml:lang="en-US" id="dei_TradingSymbol">Trading Symbol</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradingSymbol" xlink:to="dei_TradingSymbol" xlink:title="label: TradingSymbol to dei_TradingSymbol" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_SecurityExchangeName" xlink:label="SecurityExchangeName" xlink:title="SecurityExchangeName" />
    <link:label xlink:type="resource" xlink:label="dei_SecurityExchangeName" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_SecurityExchangeName" xml:lang="en-US" id="dei_SecurityExchangeName">Security Exchange Name</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SecurityExchangeName" xlink:to="dei_SecurityExchangeName" xlink:title="label: SecurityExchangeName to dei_SecurityExchangeName" />
  </link:labelLink>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.PRE
<SEQUENCE>5
<FILENAME>adma-20250505_pre.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE
<TEXT>
<XBRL>
<?xml version="1.0" encoding="us-ascii"?>
<!--Generated by Broadridge PROfile 25.3.2.5298 Broadridge-->
<link:linkbase xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xbrli="http://www.xbrl.org/2003/instance">
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/netLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/net-2009-12-16.xsd#netLabel" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTotalLabel" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedNetLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedNetLabel" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTerseLabel" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedPeriodEndLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodEndLabel" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedPeriodStartLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodStartLabel" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedLabel" />
  <link:roleRef roleURI="http://admabiologics.com/role/DocumentAndEntityInformation" xlink:type="simple" xlink:href="adma-20250505.xsd#DocumentAndEntityInformation" />
  <link:presentationLink xlink:type="extended" xlink:role="http://admabiologics.com/role/DocumentAndEntityInformation">
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_CoverAbstract" xlink:label="CoverAbstract" xlink:title="CoverAbstract" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_DocumentType" xlink:label="DocumentType" xlink:title="DocumentType" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="CoverAbstract" xlink:to="DocumentType" xlink:title="presentation: CoverAbstract to DocumentType" order="0.0" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_AmendmentFlag" xlink:label="AmendmentFlag" xlink:title="AmendmentFlag" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="CoverAbstract" xlink:to="AmendmentFlag" xlink:title="presentation: CoverAbstract to AmendmentFlag" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_DocumentPeriodEndDate" xlink:label="DocumentPeriodEndDate" xlink:title="DocumentPeriodEndDate" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="CoverAbstract" xlink:to="DocumentPeriodEndDate" xlink:title="presentation: CoverAbstract to DocumentPeriodEndDate" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_DocumentFiscalYearFocus" xlink:label="DocumentFiscalYearFocus" xlink:title="DocumentFiscalYearFocus" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="CoverAbstract" xlink:to="DocumentFiscalYearFocus" xlink:title="presentation: CoverAbstract to DocumentFiscalYearFocus" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_DocumentFiscalPeriodFocus" xlink:label="DocumentFiscalPeriodFocus" xlink:title="DocumentFiscalPeriodFocus" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="CoverAbstract" xlink:to="DocumentFiscalPeriodFocus" xlink:title="presentation: CoverAbstract to DocumentFiscalPeriodFocus" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityFileNumber" xlink:label="EntityFileNumber" xlink:title="EntityFileNumber" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="CoverAbstract" xlink:to="EntityFileNumber" xlink:title="presentation: CoverAbstract to EntityFileNumber" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityRegistrantName" xlink:label="EntityRegistrantName" xlink:title="EntityRegistrantName" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="CoverAbstract" xlink:to="EntityRegistrantName" xlink:title="presentation: CoverAbstract to EntityRegistrantName" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityCentralIndexKey" xlink:label="EntityCentralIndexKey" xlink:title="EntityCentralIndexKey" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="CoverAbstract" xlink:to="EntityCentralIndexKey" xlink:title="presentation: CoverAbstract to EntityCentralIndexKey" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityIncorporationStateCountryCode" xlink:label="EntityIncorporationStateCountryCode" xlink:title="EntityIncorporationStateCountryCode" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="CoverAbstract" xlink:to="EntityIncorporationStateCountryCode" xlink:title="presentation: CoverAbstract to EntityIncorporationStateCountryCode" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityTaxIdentificationNumber" xlink:label="EntityTaxIdentificationNumber" xlink:title="EntityTaxIdentificationNumber" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="CoverAbstract" xlink:to="EntityTaxIdentificationNumber" xlink:title="presentation: CoverAbstract to EntityTaxIdentificationNumber" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressAddressLine1" xlink:label="EntityAddressAddressLine1" xlink:title="EntityAddressAddressLine1" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="CoverAbstract" xlink:to="EntityAddressAddressLine1" xlink:title="presentation: CoverAbstract to EntityAddressAddressLine1" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressAddressLine2" xlink:label="EntityAddressAddressLine2" xlink:title="EntityAddressAddressLine2" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="CoverAbstract" xlink:to="EntityAddressAddressLine2" xlink:title="presentation: CoverAbstract to EntityAddressAddressLine2" order="11.0" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressAddressLine3" xlink:label="EntityAddressAddressLine3" xlink:title="EntityAddressAddressLine3" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="CoverAbstract" xlink:to="EntityAddressAddressLine3" xlink:title="presentation: CoverAbstract to EntityAddressAddressLine3" order="12.0" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressCityOrTown" xlink:label="EntityAddressCityOrTown" xlink:title="EntityAddressCityOrTown" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="CoverAbstract" xlink:to="EntityAddressCityOrTown" xlink:title="presentation: CoverAbstract to EntityAddressCityOrTown" order="13.0" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressStateOrProvince" xlink:label="EntityAddressStateOrProvince" xlink:title="EntityAddressStateOrProvince" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="CoverAbstract" xlink:to="EntityAddressStateOrProvince" xlink:title="presentation: CoverAbstract to EntityAddressStateOrProvince" order="14.0" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressCountry" xlink:label="EntityAddressCountry" xlink:title="EntityAddressCountry" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="CoverAbstract" xlink:to="EntityAddressCountry" xlink:title="presentation: CoverAbstract to EntityAddressCountry" order="15.0" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressPostalZipCode" xlink:label="EntityAddressPostalZipCode" xlink:title="EntityAddressPostalZipCode" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="CoverAbstract" xlink:to="EntityAddressPostalZipCode" xlink:title="presentation: CoverAbstract to EntityAddressPostalZipCode" order="16.0" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_CityAreaCode" xlink:label="CityAreaCode" xlink:title="CityAreaCode" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="CoverAbstract" xlink:to="CityAreaCode" xlink:title="presentation: CoverAbstract to CityAreaCode" order="17.0" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_LocalPhoneNumber" xlink:label="LocalPhoneNumber" xlink:title="LocalPhoneNumber" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="CoverAbstract" xlink:to="LocalPhoneNumber" xlink:title="presentation: CoverAbstract to LocalPhoneNumber" order="18.0" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_Security12bTitle" xlink:label="Security12bTitle" xlink:title="Security12bTitle" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="CoverAbstract" xlink:to="Security12bTitle" xlink:title="presentation: CoverAbstract to Security12bTitle" order="19.0" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_TradingSymbol" xlink:label="TradingSymbol" xlink:title="TradingSymbol" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="CoverAbstract" xlink:to="TradingSymbol" xlink:title="presentation: CoverAbstract to TradingSymbol" order="20.0" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_NoTradingSymbolFlag" xlink:label="NoTradingSymbolFlag" xlink:title="NoTradingSymbolFlag" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="CoverAbstract" xlink:to="NoTradingSymbolFlag" xlink:title="presentation: CoverAbstract to NoTradingSymbolFlag" order="21.0" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_SecurityExchangeName" xlink:label="SecurityExchangeName" xlink:title="SecurityExchangeName" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="CoverAbstract" xlink:to="SecurityExchangeName" xlink:title="presentation: CoverAbstract to SecurityExchangeName" order="22.0" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityEmergingGrowthCompany" xlink:label="EntityEmergingGrowthCompany" xlink:title="EntityEmergingGrowthCompany" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="CoverAbstract" xlink:to="EntityEmergingGrowthCompany" xlink:title="presentation: CoverAbstract to EntityEmergingGrowthCompany" order="23.0" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_WrittenCommunications" xlink:label="WrittenCommunications" xlink:title="WrittenCommunications" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="CoverAbstract" xlink:to="WrittenCommunications" xlink:title="presentation: CoverAbstract to WrittenCommunications" order="24.0" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_SolicitingMaterial" xlink:label="SolicitingMaterial" xlink:title="SolicitingMaterial" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="CoverAbstract" xlink:to="SolicitingMaterial" xlink:title="presentation: CoverAbstract to SolicitingMaterial" order="25.0" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_PreCommencementTenderOffer" xlink:label="PreCommencementTenderOffer" xlink:title="PreCommencementTenderOffer" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="CoverAbstract" xlink:to="PreCommencementTenderOffer" xlink:title="presentation: CoverAbstract to PreCommencementTenderOffer" order="26.0" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_PreCommencementIssuerTenderOffer" xlink:label="PreCommencementIssuerTenderOffer" xlink:title="PreCommencementIssuerTenderOffer" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="CoverAbstract" xlink:to="PreCommencementIssuerTenderOffer" xlink:title="presentation: CoverAbstract to PreCommencementIssuerTenderOffer" order="27.0" preferredLabel="http://www.xbrl.org/2003/role/label" />
  </link:presentationLink>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>6
<FILENAME>image00001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 image00001.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  8$!08%! 8&!08'!P8("A *"@D)
M"A0.#PP0%Q08&!<4%A8:'24?&ALC'!86("P@(R8G*2HI&1\M,"TH,"4H*2C_
MVP!# 0<'!PH("A,*"A,H&A8:*"@H*"@H*"@H*"@H*"@H*"@H*"@H*"@H*"@H
M*"@H*"@H*"@H*"@H*"@H*"@H*"@H*"C_P  1"  [ ,(# 2(  A$! Q$!_\0
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M86E"&%0&P,XZUG.EEU.I[*2U^9I3K9I4I^UB]/\ MW_(L_\ "]_^I<_\GO\
M[71_PO?_ *ES_P GO_M=>)5Z5\./ABWBO2)=1O;R2S@,FR#9&&,F.IY[9X_.
MMZV"P5"//4C9>K_S.>AC\?B)\E.5WZ+_ ".C_P"%[_\ 4N?^3W_VNC_A>_\
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M_P# E_\ &OJ;QAX9TWQ9I\-IJDLJQ12^:ODR!3G!'<'UKD?^%->%O^?C4/\
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MG\Q5JYUK4[F%HKG4KV6)OO(\[,#]037UK_PC6A?] 73/_ 2/_"C_ (1K0O\
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?:C@ZCKMN=1_:D[O_ (!I5Q,ZD>39=D%%%%>L<Y__V0$!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>7
<FILENAME>image00002.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 image00002.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  8$!08%! 8&!08'!P8("A *"@D)
M"A0.#PP0%Q08&!<4%A8:'24?&ALC'!86("P@(R8G*2HI&1\M,"TH,"4H*2C_
MVP!# 0<'!PH("A,*"A,H&A8:*"@H*"@H*"@H*"@H*"@H*"@H*"@H*"@H*"@H
M*"@H*"@H*"@H*"@H*"@H*"@H*"@H*"C_P  1"  \ , # 2(  A$! Q$!_\0
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M^@/VN//T^]3OA\C2WVIPP M<3:7<I"J_>9BG0>^,UB?V/J)X&FWF>@'V=O\
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0G+>4G=EUL3.JE%Z)=$?_V0$!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>9
<FILENAME>R1.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.25.1</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Document and Entity Information<br></strong></div></th>
<th class="th"><div>May 05, 2025</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_CoverAbstract', window );"><strong>Cover [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentType', window );">Document Type</a></td>
<td class="text">8-K<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_AmendmentFlag', window );">Amendment Flag</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentPeriodEndDate', window );">Document Period End Date</a></td>
<td class="text">May  05,  2025<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityFileNumber', window );">Entity File Number</a></td>
<td class="text">001-36728<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityRegistrantName', window );">Entity Registrant Name</a></td>
<td class="text">ADMA BIOLOGICS, INC.<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityCentralIndexKey', window );">Entity Central Index Key</a></td>
<td class="text">0001368514<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityIncorporationStateCountryCode', window );">Entity Incorporation, State or Country Code</a></td>
<td class="text">DE<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityTaxIdentificationNumber', window );">Entity Tax Identification Number</a></td>
<td class="text">56-2590442<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressAddressLine1', window );">Entity Address, Address Line One</a></td>
<td class="text">465 State Route 17<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressCityOrTown', window );">Entity Address, City or Town</a></td>
<td class="text">Ramsey<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressStateOrProvince', window );">Entity Address, State or Province</a></td>
<td class="text">NJ<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressPostalZipCode', window );">Entity Address, Postal Zip Code</a></td>
<td class="text">07446<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_CityAreaCode', window );">City Area Code</a></td>
<td class="text">201<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_LocalPhoneNumber', window );">Local Phone Number</a></td>
<td class="text">478-5552<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_Security12bTitle', window );">Title of 12(b) Security</a></td>
<td class="text">Common Stock<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">ADMA<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NASDAQ<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityEmergingGrowthCompany', window );">Entity Emerging Growth Company</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_WrittenCommunications', window );">Written Communications</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SolicitingMaterial', window );">Soliciting Material</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_PreCommencementTenderOffer', window );">Pre-commencement Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_PreCommencementIssuerTenderOffer', window );">Pre-commencement Issuer Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_AmendmentFlag">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_AmendmentFlag</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CityAreaCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Area code of city</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CityAreaCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CoverAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Cover page.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CoverAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentPeriodEndDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentPeriodEndDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:dateItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentType">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentType</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:submissionTypeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressAddressLine1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Address Line 1 such as Attn, Building Name, Street Name</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressAddressLine1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressCityOrTown">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the City or Town</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressCityOrTown</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressPostalZipCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Code for the postal or zip code</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressPostalZipCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressStateOrProvince">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the state or province.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressStateOrProvince</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:stateOrProvinceItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCentralIndexKey">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCentralIndexKey</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:centralIndexKeyItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityEmergingGrowthCompany">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Indicate if registrant meets the emerging growth company criteria.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityEmergingGrowthCompany</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityFileNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityFileNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:fileNumberItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityIncorporationStateCountryCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Two-character EDGAR code representing the state or country of incorporation.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityIncorporationStateCountryCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarStateCountryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityRegistrantName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityRegistrantName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityTaxIdentificationNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityTaxIdentificationNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:employerIdItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LocalPhoneNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Local phone number for entity.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LocalPhoneNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_PreCommencementIssuerTenderOffer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 13e<br> -Subsection 4c<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_PreCommencementIssuerTenderOffer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_PreCommencementTenderOffer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 14d<br> -Subsection 2b<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_PreCommencementTenderOffer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_Security12bTitle">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Title of a 12(b) registered security.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_Security12bTitle</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:securityTitleItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_SecurityExchangeName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the Exchange on which a security is registered.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection d1-1<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_SecurityExchangeName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarExchangeCodeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_SolicitingMaterial">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 14a<br> -Subsection 12<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_SolicitingMaterial</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_TradingSymbol">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Trading symbol of an instrument as listed on an exchange.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_TradingSymbol</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:tradingSymbolItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_WrittenCommunications">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Securities Act<br> -Number 230<br> -Section 425<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_WrittenCommunications</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EXCEL
<SEQUENCE>10
<FILENAME>Financial_Report.xlsx
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
begin 644 Financial_Report.xlsx
M4$L#!!0    ( (N!IUI&QTU(E0   ,T    0    9&]C4')O<',O87!P+GAM
M;$W/30O", P&X+]2=K>9BAZD#D0]BIZ\SRYUA;8I;83Z[^T$/VYY><@;HBZ)
M(B:VF$7Q+N1M,S+'#4#6(_H^R\JABJ'D>ZXQW8&,L1H/I!\> \.B;=> A3$,
M.,SBM[#IU"Y&9W7/ED)WLCI1)L/B6#0ZL2<?J]P<"A#G>B4^BQ-+.9<K!?^+
M4\L54Y[FRF_\9 6_![H74$L#!!0    ( (N!IUHRGP7^[@   "L"   1
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MM5II ,,X?<D3$L/<@HL(2W@4R]9<X%L:+R/6ZK3;W5:$:6RA&$=D8'U>+&A
MT%116F]?(+3E'S/X%<M4C66C 1-702:YB+3R^6S%_-K>/F7/Z3H=,H%N,!M8
M('_.;Z?D3EJ(X53"Q,!J9S]6:\?1TDB @LE]E 6Z2?:CTQ4(,@T[.IU8SG9\
M]L3MGXS*VG0T;1K@X_%X.+;+THMP' 3@4;N>PIWT;+^D00FTHVG09-CVVJZ1
MIJJ-4T_3]WW?ZYMHG J-6T_3:W?=TXZ)QJW0> V^\4^'PZZ)QJO0=.MI)B?]
MKFNDZ19H0D;CZWH2%;7E0-,@ %AP=M;,T@.67BGZ=90:V1V[W4%<\%CN.8D1
M_L;%!-9ITAF6-$9RG9 %#@ WQ-%,4'RO0;:*X,*2TER0UL\IM5 :")K(@?5'
M@B'%W*_]]9>[R:0S>IU].LYKE']IJP&G[;N;SY/\<^CDGZ>3UTU"SG"\+ GQ
M^R-;88<G;CL3<CH<9T)\S_;VD:4E,L_O^0KK3CQG'U:6L%W/S^2>C'(CN]WV
M6'WV3T=N(]>IP+,BUY1&)$6?R"VZY!$XM4D-,A,_")V&F&I0' *D"3&6H8;X
MM,:L$> 3?;>^",C?C8CWJV^:/5>A6$G:A/@01AKBG'/F<]%L^P>E1M'V5;S<
MHY=8%0&7&-\TJC4LQ=9XE<#QK9P\'1,2S90+!D&&ER0F$JDY?DU($_XKI=K^
MG-- \)0O)/I*D8]ILR.G=";-Z#,:P4:O&W6':-(\>OX%^9PU"AR1&QT"9QNS
M1B&$:;OP'J\DCIJMPA$K0CYB&38:<K46@;9QJ81@6A+&T7A.TK01_%FL-9,^
M8,CLS9%USM:1#A&27C="/F+.BY 1OQZ&.$J:[:)Q6 3]GE[#2<'H@LMF_;A^
MAM4S;"R.]T?4%TKD#R:G/^DR- >CFED)O816:I^JAS0^J!XR"@7QN1X^Y7IX
M"C>6QKQ0KH)[ ?_1VC?"J_B"P#E_+GW/I>^Y]#VATK<W(WUGP=.+6]Y&;EO$
M^ZXQVM<T+BAC5W+-R,=4KY,IV#F?P.S]:#Z>\>WZV22$KYI9+2,6D$N!LT$D
MN/R+RO JQ GH9%LE"<M4TV4WBA*>0AMNZ5/U2I77Y:^Y*+@\6^3IKZ%T/BS/
M^3Q?Y[3-"S-#MW)+ZK:4OK4F.$KTL<QP3A[+##MG/)(=MG>@'37[]EUVY".E
M,%.70[@:0KX#;;J=W#HXGIB1N0K34I!OP_GIQ7@:XCG9!+E]F%=MY]C1T?OG
MP5&PH^\\EAW'B/*B(>ZAAIC/PT.'>7M?F&>5QE T%&ULK"0L1K=@N-?Q+!3@
M9& MH >#KU$"\E)58#%;Q@,KD*)\3(Q%Z'#GEUQ?X]&2X]NF9;5NKREW&6TB
M4CG":9@39ZO*WF6QP54=SU5;\K"^:CVT%4[/_EFMR)\,$4X6"Q)(8Y07IDJB
M\QE3ON<K2<15.+]%,[82EQB\X^;'<4Y3N!)VM@\",KF[.:EZ93%GIO+?+0P)
M+%N(61+B35WMU>>;G*YZ(G;ZEW?!8/+]<,E'#^4[YU_T74.N?O;=X_INDSM(
M3)QYQ1$!=$4"(Y4<!A87,N10[I*0!A,!S93)1/ "@F2F'("8^@N]\@RY*17.
MK3XY?T4L@X9.7M(E$A2*L P%(1=RX^_ODVIWC-?Z+(%MA%0R9-47RD.)P3TS
M<D/85"7SKMHF"X7;XE3-NQJ^)F!+PWING2TG_]M>U#VT%SU&\Z.9X!ZSAW.;
M>KC"1:S_6-8>^3+?.7#;.MX#7N83+$.D?L%]BHJ $:MBOKJO3_DEG#NT>_&!
M()O\UMND]MW@#'S4JUJE9"L1/TL'?!^2!F.,6_0T7X\48JVFL:W&VC$,>8!8
M\PRA9CC?AT6:&C/5BZPYC0IO0=5 Y3_;U UH]@TT')$%7C&9MC:CY$X*/-S^
M[PVPPL2.X>V+OP%02P,$%     @ BX&G6F>]2-I !   =A   !@   !X;"]W
M;W)K<VAE971S+W-H965T,2YX;6R=F&UOXD80Q[_*RI5.K13BA]A 4D B)+G2
MRP,'M">UZHO%7L,JMM?=70)\^\X:8G,Y,T9]$[RVY^^?9\?_V4UO(^2K6C&F
MR39-,M6W5EKG-[:MPA5+J;H4.<O@2BQD2C4,Y=)6N60T*H+2Q/8<IVVGE&?6
MH%><F\A!3ZQUPC,VD42MTY3*W2U+Q*9ON=;[B2E?KK0Y80]Z.5VR&=-_Y!,)
M([M4B7C*,L5%1B2+^];0O;GU?!-0W/$G9QMU=$S,JRR$>#6#<=2W'$/$$A9J
M(T'AYXV-6)(8)>#X]R!JE<\T@<?'[^H/Q<O#RRRH8B.1?..17O6MKD4B%M-U
MHJ=B\QL[O%!@]$*1J.(OV>SO]7V+A&NE17H(!H*49_M?NCTDXBC <T\$>(<
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M              "  > !  !X;"]T:&5M92]T:&5M93$N>&UL4$L! A0#%
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M+W=O<FMB;V]K+GAM;%!+ 0(4 Q0    ( (N!IUHD'INBK0   /@!   :
M          "  <@1  !X;"]?<F5L<R]W;W)K8F]O:RYX;6PN<F5L<U!+ 0(4
M Q0    ( (N!IUIED'F2&0$  ,\#   3              "  :T2  !;0V]N
E=&5N=%]4>7!E<UTN>&UL4$L%!@     )  D /@(  /<3      $!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>11
<FILENAME>Show.js
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
// Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission.  Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105.
var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0);
e.removeAttribute('id');a.parentNode.appendChild(e)}}
if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'}
e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>12
<FILENAME>report.css
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
/* Updated 2009-11-04 */
/* v2.2.0.24 */

/* DefRef Styles */
.report table.authRefData{
	background-color: #def;
	border: 2px solid #2F4497;
	font-size: 1em;
	position: absolute;
}

.report table.authRefData a {
	display: block;
	font-weight: bold;
}

.report table.authRefData p {
	margin-top: 0px;
}

.report table.authRefData .hide {
	background-color: #2F4497;
	padding: 1px 3px 0px 0px;
	text-align: right;
}

.report table.authRefData .hide a:hover {
	background-color: #2F4497;
}

.report table.authRefData .body {
	height: 150px;
	overflow: auto;
	width: 400px;
}

.report table.authRefData table{
	font-size: 1em;
}

/* Report Styles */
.pl a, .pl a:visited {
	color: black;
	text-decoration: none;
}

/* table */
.report {
	background-color: white;
	border: 2px solid #acf;
	clear: both;
	color: black;
	font: normal 8pt Helvetica, Arial, san-serif;
	margin-bottom: 2em;
}

.report hr {
	border: 1px solid #acf;
}

/* Top labels */
.report th {
	background-color: #acf;
	color: black;
	font-weight: bold;
	text-align: center;
}

.report th.void	{
	background-color: transparent;
	color: #000000;
	font: bold 10pt Helvetica, Arial, san-serif;
	text-align: left;
}

.report .pl {
	text-align: left;
	vertical-align: top;
	white-space: normal;
	width: 200px;
	white-space: normal; /* word-wrap: break-word; */
}

.report td.pl a.a {
	cursor: pointer;
	display: block;
	width: 200px;
	overflow: hidden;
}

.report td.pl div.a {
	width: 200px;
}

.report td.pl a:hover {
	background-color: #ffc;
}

/* Header rows... */
.report tr.rh {
	background-color: #acf;
	color: black;
	font-weight: bold;
}

/* Calendars... */
.report .rc {
	background-color: #f0f0f0;
}

/* Even rows... */
.report .re, .report .reu {
	background-color: #def;
}

.report .reu td {
	border-bottom: 1px solid black;
}

/* Odd rows... */
.report .ro, .report .rou {
	background-color: white;
}

.report .rou td {
	border-bottom: 1px solid black;
}

.report .rou table td, .report .reu table td {
	border-bottom: 0px solid black;
}

/* styles for footnote marker */
.report .fn {
	white-space: nowrap;
}

/* styles for numeric types */
.report .num, .report .nump {
	text-align: right;
	white-space: nowrap;
}

.report .nump {
	padding-left: 2em;
}

.report .nump {
	padding: 0px 0.4em 0px 2em;
}

/* styles for text types */
.report .text {
	text-align: left;
	white-space: normal;
}

.report .text .big {
	margin-bottom: 1em;
	width: 17em;
}

.report .text .more {
	display: none;
}

.report .text .note {
	font-style: italic;
	font-weight: bold;
}

.report .text .small {
	width: 10em;
}

.report sup {
	font-style: italic;
}

.report .outerFootnotes {
	font-size: 1em;
}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>14
<FILENAME>FilingSummary.xml
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<XML>
<?xml version='1.0' encoding='utf-8'?>
<FilingSummary>
  <Version>3.25.1</Version>
  <ProcessingTime/>
  <ReportFormat>html</ReportFormat>
  <ContextCount>1</ContextCount>
  <ElementCount>22</ElementCount>
  <EntityCount>1</EntityCount>
  <FootnotesReported>false</FootnotesReported>
  <SegmentCount>0</SegmentCount>
  <ScenarioCount>0</ScenarioCount>
  <TuplesReported>false</TuplesReported>
  <UnitCount>0</UnitCount>
  <MyReports>
    <Report instance="ef20048524_8k.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R1.htm</HtmlFileName>
      <LongName>000100 - Document - Document and Entity Information</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://admabiologics.com/role/DocumentAndEntityInformation</Role>
      <ShortName>Document and Entity Information</ShortName>
      <MenuCategory>Cover</MenuCategory>
      <Position>1</Position>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <LongName>All Reports</LongName>
      <ReportType>Book</ReportType>
      <ShortName>All Reports</ShortName>
    </Report>
  </MyReports>
  <InputFiles>
    <File>adma-20250505.xsd</File>
    <File>adma-20250505_lab.xml</File>
    <File>adma-20250505_pre.xml</File>
    <File doctype="8-K" isOnlyDei="true" isUsgaap="true" original="ef20048524_8k.htm">ef20048524_8k.htm</File>
  </InputFiles>
  <SupplementalFiles/>
  <BaseTaxonomies>
    <BaseTaxonomy items="22">http://xbrl.sec.gov/dei/2024</BaseTaxonomy>
  </BaseTaxonomies>
  <HasPresentationLinkbase>true</HasPresentationLinkbase>
  <HasCalculationLinkbase>false</HasCalculationLinkbase>
</FilingSummary>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>JSON
<SEQUENCE>16
<FILENAME>MetaLinks.json
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
{
 "version": "2.2",
 "instance": {
  "ef20048524_8k.htm": {
   "nsprefix": "adma",
   "nsuri": "http://admabiologics.com/20250505",
   "dts": {
    "schema": {
     "local": [
      "adma-20250505.xsd"
     ],
     "remote": [
      "http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xl-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xlink-2003-12-31.xsd",
      "http://www.xbrl.org/2004/ref-2004-08-10.xsd",
      "http://www.xbrl.org/2005/xbrldt-2005.xsd",
      "http://www.xbrl.org/2006/ref-2006-02-27.xsd",
      "http://www.xbrl.org/lrr/arcrole/factExplanatory-2009-12-16.xsd",
      "http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd",
      "http://www.xbrl.org/lrr/role/net-2009-12-16.xsd",
      "https://www.xbrl.org/2020/extensible-enumerations-2.0.xsd",
      "https://www.xbrl.org/dtr/type/2020-01-21/types.xsd",
      "https://www.xbrl.org/dtr/type/2022-03-31/types.xsd",
      "https://xbrl.fasb.org/srt/2024/elts/srt-2024.xsd",
      "https://xbrl.fasb.org/srt/2024/elts/srt-roles-2024.xsd",
      "https://xbrl.fasb.org/srt/2024/elts/srt-types-2024.xsd",
      "https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd",
      "https://xbrl.fasb.org/us-gaap/2024/elts/us-roles-2024.xsd",
      "https://xbrl.fasb.org/us-gaap/2024/elts/us-types-2024.xsd",
      "https://xbrl.sec.gov/country/2024/country-2024.xsd",
      "https://xbrl.sec.gov/currency/2024/currency-2024.xsd",
      "https://xbrl.sec.gov/cyd/2024/cyd-2024.xsd",
      "https://xbrl.sec.gov/dei/2024/dei-2024.xsd",
      "https://xbrl.sec.gov/exch/2024/exch-2024.xsd",
      "https://xbrl.sec.gov/naics/2024/naics-2024.xsd",
      "https://xbrl.sec.gov/sic/2024/sic-2024.xsd",
      "https://xbrl.sec.gov/stpr/2024/stpr-2024.xsd"
     ]
    },
    "labelLink": {
     "local": [
      "adma-20250505_lab.xml"
     ]
    },
    "presentationLink": {
     "local": [
      "adma-20250505_pre.xml"
     ]
    },
    "inline": {
     "local": [
      "ef20048524_8k.htm"
     ]
    }
   },
   "keyStandard": 22,
   "keyCustom": 0,
   "axisStandard": 0,
   "axisCustom": 0,
   "memberStandard": 0,
   "memberCustom": 0,
   "hidden": {
    "total": 2,
    "http://xbrl.sec.gov/dei/2024": 2
   },
   "contextCount": 1,
   "entityCount": 1,
   "segmentCount": 0,
   "elementCount": 29,
   "unitCount": 0,
   "baseTaxonomies": {
    "http://xbrl.sec.gov/dei/2024": 22
   },
   "report": {
    "R1": {
     "role": "http://admabiologics.com/role/DocumentAndEntityInformation",
     "longName": "000100 - Document - Document and Entity Information",
     "shortName": "Document and Entity Information",
     "isDefault": "true",
     "groupType": "document",
     "subGroupType": "",
     "menuCat": "Cover",
     "order": "1",
     "firstAnchor": {
      "contextRef": "c20250505to20250505",
      "name": "dei:DocumentType",
      "unitRef": null,
      "xsiNil": "false",
      "lang": "en-US",
      "decimals": null,
      "ancestors": [
       "div",
       "div",
       "div",
       "div",
       "body",
       "html"
      ],
      "reportCount": 1,
      "baseRef": "ef20048524_8k.htm",
      "first": true,
      "unique": true
     },
     "uniqueAnchor": {
      "contextRef": "c20250505to20250505",
      "name": "dei:DocumentType",
      "unitRef": null,
      "xsiNil": "false",
      "lang": "en-US",
      "decimals": null,
      "ancestors": [
       "div",
       "div",
       "div",
       "div",
       "body",
       "html"
      ],
      "reportCount": 1,
      "baseRef": "ef20048524_8k.htm",
      "first": true,
      "unique": true
     }
    }
   },
   "tag": {
    "dei_AmendmentFlag": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "AmendmentFlag",
     "presentation": [
      "http://admabiologics.com/role/DocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Amendment Flag",
        "documentation": "Boolean flag that is true when the XBRL content amends previously-filed or accepted submission."
       }
      }
     },
     "auth_ref": []
    },
    "dei_CityAreaCode": {
     "xbrltype": "normalizedStringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "CityAreaCode",
     "presentation": [
      "http://admabiologics.com/role/DocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "City Area Code",
        "documentation": "Area code of city"
       }
      }
     },
     "auth_ref": []
    },
    "dei_CoverAbstract": {
     "xbrltype": "stringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "CoverAbstract",
     "lang": {
      "en-us": {
       "role": {
        "label": "Cover [Abstract]",
        "documentation": "Cover page."
       }
      }
     },
     "auth_ref": []
    },
    "dei_DocumentFiscalPeriodFocus": {
     "xbrltype": "fiscalPeriodItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "DocumentFiscalPeriodFocus",
     "presentation": [
      "http://admabiologics.com/role/DocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Document Fiscal Period Focus",
        "documentation": "Fiscal period values are FY, Q1, Q2, and Q3. 1st, 2nd and 3rd quarter 10-Q or 10-QT statements have value Q1, Q2, and Q3 respectively, with 10-K, 10-KT or other fiscal year statements having FY."
       }
      }
     },
     "auth_ref": []
    },
    "dei_DocumentFiscalYearFocus": {
     "xbrltype": "gYearItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "DocumentFiscalYearFocus",
     "presentation": [
      "http://admabiologics.com/role/DocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Document Fiscal Year Focus",
        "documentation": "This is focus fiscal year of the document report in YYYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006."
       }
      }
     },
     "auth_ref": []
    },
    "dei_DocumentPeriodEndDate": {
     "xbrltype": "dateItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "DocumentPeriodEndDate",
     "presentation": [
      "http://admabiologics.com/role/DocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Document Period End Date",
        "documentation": "For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD."
       }
      }
     },
     "auth_ref": []
    },
    "dei_DocumentType": {
     "xbrltype": "submissionTypeItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "DocumentType",
     "presentation": [
      "http://admabiologics.com/role/DocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Document Type",
        "documentation": "The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'."
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityAddressAddressLine1": {
     "xbrltype": "normalizedStringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "EntityAddressAddressLine1",
     "presentation": [
      "http://admabiologics.com/role/DocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Address, Address Line One",
        "documentation": "Address Line 1 such as Attn, Building Name, Street Name"
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityAddressAddressLine2": {
     "xbrltype": "normalizedStringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "EntityAddressAddressLine2",
     "presentation": [
      "http://admabiologics.com/role/DocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Address, Address Line Two",
        "documentation": "Address Line 2 such as Street or Suite number"
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityAddressAddressLine3": {
     "xbrltype": "normalizedStringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "EntityAddressAddressLine3",
     "presentation": [
      "http://admabiologics.com/role/DocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Address, Address Line Three",
        "documentation": "Address Line 3 such as an Office Park"
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityAddressCityOrTown": {
     "xbrltype": "normalizedStringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "EntityAddressCityOrTown",
     "presentation": [
      "http://admabiologics.com/role/DocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Address, City or Town",
        "documentation": "Name of the City or Town"
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityAddressCountry": {
     "xbrltype": "countryCodeItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "EntityAddressCountry",
     "presentation": [
      "http://admabiologics.com/role/DocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Address, Country",
        "documentation": "ISO 3166-1 alpha-2 country code."
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityAddressPostalZipCode": {
     "xbrltype": "normalizedStringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "EntityAddressPostalZipCode",
     "presentation": [
      "http://admabiologics.com/role/DocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Address, Postal Zip Code",
        "documentation": "Code for the postal or zip code"
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityAddressStateOrProvince": {
     "xbrltype": "stateOrProvinceItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "EntityAddressStateOrProvince",
     "presentation": [
      "http://admabiologics.com/role/DocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Address, State or Province",
        "documentation": "Name of the state or province."
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityCentralIndexKey": {
     "xbrltype": "centralIndexKeyItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "EntityCentralIndexKey",
     "presentation": [
      "http://admabiologics.com/role/DocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Central Index Key",
        "documentation": "A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK."
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "dei_EntityEmergingGrowthCompany": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "EntityEmergingGrowthCompany",
     "presentation": [
      "http://admabiologics.com/role/DocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Emerging Growth Company",
        "documentation": "Indicate if registrant meets the emerging growth company criteria."
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "dei_EntityFileNumber": {
     "xbrltype": "fileNumberItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "EntityFileNumber",
     "presentation": [
      "http://admabiologics.com/role/DocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity File Number",
        "documentation": "Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen."
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityIncorporationStateCountryCode": {
     "xbrltype": "edgarStateCountryItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "EntityIncorporationStateCountryCode",
     "presentation": [
      "http://admabiologics.com/role/DocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Incorporation, State or Country Code",
        "documentation": "Two-character EDGAR code representing the state or country of incorporation."
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityRegistrantName": {
     "xbrltype": "normalizedStringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "EntityRegistrantName",
     "presentation": [
      "http://admabiologics.com/role/DocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Registrant Name",
        "documentation": "The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC."
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "dei_EntityTaxIdentificationNumber": {
     "xbrltype": "employerIdItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "EntityTaxIdentificationNumber",
     "presentation": [
      "http://admabiologics.com/role/DocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Tax Identification Number",
        "documentation": "The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS."
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "dei_LocalPhoneNumber": {
     "xbrltype": "normalizedStringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "LocalPhoneNumber",
     "presentation": [
      "http://admabiologics.com/role/DocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Local Phone Number",
        "documentation": "Local phone number for entity."
       }
      }
     },
     "auth_ref": []
    },
    "dei_NoTradingSymbolFlag": {
     "xbrltype": "trueItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "NoTradingSymbolFlag",
     "presentation": [
      "http://admabiologics.com/role/DocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "No Trading Symbol Flag",
        "documentation": "Boolean flag that is true only for a security having no trading symbol."
       }
      }
     },
     "auth_ref": []
    },
    "dei_PreCommencementIssuerTenderOffer": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "PreCommencementIssuerTenderOffer",
     "presentation": [
      "http://admabiologics.com/role/DocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Pre-commencement Issuer Tender Offer",
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act."
       }
      }
     },
     "auth_ref": [
      "r3"
     ]
    },
    "dei_PreCommencementTenderOffer": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "PreCommencementTenderOffer",
     "presentation": [
      "http://admabiologics.com/role/DocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Pre-commencement Tender Offer",
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act."
       }
      }
     },
     "auth_ref": [
      "r5"
     ]
    },
    "dei_Security12bTitle": {
     "xbrltype": "securityTitleItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "Security12bTitle",
     "presentation": [
      "http://admabiologics.com/role/DocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Title of 12(b) Security",
        "documentation": "Title of a 12(b) registered security."
       }
      }
     },
     "auth_ref": [
      "r0"
     ]
    },
    "dei_SecurityExchangeName": {
     "xbrltype": "edgarExchangeCodeItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "SecurityExchangeName",
     "presentation": [
      "http://admabiologics.com/role/DocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Security Exchange Name",
        "documentation": "Name of the Exchange on which a security is registered."
       }
      }
     },
     "auth_ref": [
      "r2"
     ]
    },
    "dei_SolicitingMaterial": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "SolicitingMaterial",
     "presentation": [
      "http://admabiologics.com/role/DocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Soliciting Material",
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act."
       }
      }
     },
     "auth_ref": [
      "r4"
     ]
    },
    "dei_TradingSymbol": {
     "xbrltype": "tradingSymbolItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "TradingSymbol",
     "presentation": [
      "http://admabiologics.com/role/DocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Trading Symbol",
        "documentation": "Trading symbol of an instrument as listed on an exchange."
       }
      }
     },
     "auth_ref": []
    },
    "dei_WrittenCommunications": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "WrittenCommunications",
     "presentation": [
      "http://admabiologics.com/role/DocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Written Communications",
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act."
       }
      }
     },
     "auth_ref": [
      "r6"
     ]
    }
   }
  }
 },
 "std_ref": {
  "r0": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Exchange Act",
   "Number": "240",
   "Section": "12",
   "Subsection": "b"
  },
  "r1": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Exchange Act",
   "Number": "240",
   "Section": "12",
   "Subsection": "b-2"
  },
  "r2": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Exchange Act",
   "Number": "240",
   "Section": "12",
   "Subsection": "d1-1"
  },
  "r3": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Exchange Act",
   "Number": "240",
   "Section": "13e",
   "Subsection": "4c"
  },
  "r4": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Exchange Act",
   "Number": "240",
   "Section": "14a",
   "Subsection": "12"
  },
  "r5": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Exchange Act",
   "Number": "240",
   "Section": "14d",
   "Subsection": "2b"
  },
  "r6": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Securities Act",
   "Number": "230",
   "Section": "425"
  }
 }
}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>ZIP
<SEQUENCE>17
<FILENAME>0001140361-25-017704-xbrl.zip
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
begin 644 0001140361-25-017704-xbrl.zip
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MI.Z?Z I0=QY%A=&[)H3N^BF"PX7X'1F#S7!8.6H)]28CZG <QAQ9L\7T83R
M@YY'FA+9!<Z1FCF0M^P(*:F/^5>F F!*!@!;-(ASH9$V]>FFRLDLHWPNRADS
M9U=TXG?AA<R!6^.))9P&BJ89LPOHYI:2S*>!W7+H=_E')DEH(O0N4C!R8DNL
M.3(092K21?:T%?842.(]EKT:,"0B(U)3D_6VA*)_EA9#L[9I&0AA_S<?R_/5
M9 #LX-O+XXDV="'="9S;YG_'DWNNJ=X\FJV7J5OY -!D&ISTJ-2]?D+FE%-7
M4;$Y&^(80. 9ZD/$$U#0@1K?==0D:?+GBB3/_,:-FU52HDN74TB,&,[9!<!M
M9,=QY:S?"=]94:.UBHG=!K3M9PI/2 WXWA%>[_X%0EG9_,7!_R2PHRF\E3^4
M#F(BPK3R,[:@A^%:);Z63L9PY*0[&4/3W0XZJ&*1<RTW;93K$/_1)8)<2G.1
MMPNACJF^.@1!UGC9)H#*WXTZ"'-D#I VREM ,>R@K2ANH^S=[:"=:O, 'Q>G
M)2<+^T([+-^$,2EW4-#RP%X?]MYVCT.WCD%?HK^[G#J3K9;?^[M1MPVHO]7.
M2=Q![!?T.)O^P*8_Z%T<Q3"2]M8^,P#G;66',+Z"O;C=JN^].\]4]0 K/#I;
M\MC3LL/MXFBZMEWY-#+Q80W).F.((RWDYL%\G]\"=9;[+<DE'5%_4[=:(^]?
MK(]]D;=:FF-O^8O5NV[/P3\NQX+Y&])]JPNOXTW2ZB8NW>V@D;Y[DA4D-W\
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M0(4#BX:(+CC";G5$0NK9!4%U*ZJ:>_!@GJD^I#6A,IF 4,!I4V0/?$I!%59
M6STAQ>9 (QC%A4/5H8Y 63>3P=LO<W#FB2%A,F>21!!F+IG'R^^'=73/"H"!
M!S5,$N4R+$LZN!1#,;NX'"M^VR[)DGPF6I%H[L&#&L8BD?:DPE?G7:5ZA89J
MO9N#<_:)O[6U;DJJMYS._@=02P,$%     @ BX&G6N?J?7K?!0  ^SX  !4
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M2[O4<^$7&,CKA,$UQS3M)V%IW4K%[Z6#2P*@595*8. PI1$1U\*?Y.$E!D)
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M6[>9I;$U<ESO':MX#E@?!+>L?<QE6LI(X<)>_ @80T3@>@-CQ(ERQ">94+4
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MO4Z:@$R**UXQB1Q@!=\ 117V!/W.PT:'%"]\;K9NG$:18Q(ET'P)F$F!![O
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M Y)X4ZZ)PJFE2 (H_8P_NS,G1AY^/HNGLSBWP# ,)N2* D.ZBD'2H0Y[,::
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MG>(*9'!/K$/06\Z""1@5XZI<J."(8"3-YHPQ0IX/>)ER@$L&G_Z+H67D 0.
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M-@%S(Q&"PB\#XPG&M]RG)#+RA]01B?C2=,M!9IIT4N69Z[Q!4AEW]$7/) '
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MW>+^##7::3)"$I^"EI5,HB=OZ#@><<\4+H(.#%<T%D=/%?J:T+#+6FX(D[?
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MW7<&,JCDPTO>2G*$LY<UBXJ?$J*H^*I3]N)=V8MPFXL/EF;( E(GE;%Q@K^
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MVZK2;>T1JSGXD.:E8!OC8C/2S(DURE899?5M5>FV7L!@5O4!R=!;N_5S:7K
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M,(HG8_CA_P-02P$"% ,4    " "+@:=:[7S#DE4#  "^#P  $0
M    @ $     861M82TR,#(U,#4P-2YX<V102P$"% ,4    " "+@:=:?7+'
ML'L(   P5@  %0              @ &$ P  861M82TR,#(U,#4P-5]L86(N
M>&UL4$L! A0#%     @ BX&G6N?J?7K?!0  ^SX  !4              ( !
M,@P  &%D;6$M,C R-3 U,#5?<')E+GAM;%!+ 0(4 Q0    ( (N!IUHP;[<(
MLA0  .>"   1              "  402  !E9C(P,#0X-3(T7SAK+FAT;5!+
M 0(4 Q0    ( (N!IUK^0.@CLC\  $SH P 5              "  24G  !E
J9C(P,#0X-3(T7V5X.3DM,2YH=&U02P4&      4 !0!' 0  "F<

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>18
<FILENAME>ef20048524_8k_htm.xml
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<XML>
<?xml version="1.0" encoding="utf-8"?>
<xbrl
  xmlns="http://www.xbrl.org/2003/instance"
  xmlns:dei="http://xbrl.sec.gov/dei/2024"
  xmlns:link="http://www.xbrl.org/2003/linkbase"
  xmlns:xlink="http://www.w3.org/1999/xlink">
    <link:schemaRef xlink:href="adma-20250505.xsd" xlink:type="simple"/>
    <context id="c20250505to20250505">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001368514</identifier>
        </entity>
        <period>
            <startDate>2025-05-05</startDate>
            <endDate>2025-05-05</endDate>
        </period>
    </context>
    <dei:AmendmentFlag
      contextRef="c20250505to20250505"
      id="Fact_7e49b99309e34bda95e03991d21d5688">false</dei:AmendmentFlag>
    <dei:EntityCentralIndexKey
      contextRef="c20250505to20250505"
      id="Fact_8b2fd28adcf649a0b4a3da9907b64f87">0001368514</dei:EntityCentralIndexKey>
    <dei:DocumentType
      contextRef="c20250505to20250505"
      id="Fact_049ad111696e43a686ed070854bc89b6">8-K</dei:DocumentType>
    <dei:DocumentPeriodEndDate
      contextRef="c20250505to20250505"
      id="Fact_faf45bdbb62e461e8408967e4e52bfff">2025-05-05</dei:DocumentPeriodEndDate>
    <dei:EntityRegistrantName
      contextRef="c20250505to20250505"
      id="Fact_4e2be61ea5a748abb1a774a162760812">ADMA BIOLOGICS, INC.</dei:EntityRegistrantName>
    <dei:EntityIncorporationStateCountryCode
      contextRef="c20250505to20250505"
      id="Fact_51fc7f5595fe4cbc9a2168ce2eb04d89">DE</dei:EntityIncorporationStateCountryCode>
    <dei:EntityFileNumber
      contextRef="c20250505to20250505"
      id="Fact_8d4580a1cb994c2b8bb36d3aed36d8b2">001-36728</dei:EntityFileNumber>
    <dei:EntityTaxIdentificationNumber
      contextRef="c20250505to20250505"
      id="Fact_e0b74195be4d47ee923d7c15a01fc2bf">56-2590442</dei:EntityTaxIdentificationNumber>
    <dei:EntityAddressAddressLine1
      contextRef="c20250505to20250505"
      id="Fact_45b0e47fd7884f01ac641fb2b7f346a7">465 State Route 17</dei:EntityAddressAddressLine1>
    <dei:EntityAddressCityOrTown
      contextRef="c20250505to20250505"
      id="Fact_eb9059d8c6a34f7faa04f8fe702b9fab">Ramsey</dei:EntityAddressCityOrTown>
    <dei:EntityAddressStateOrProvince
      contextRef="c20250505to20250505"
      id="Fact_612ddca4af414e2b99aaabcb8a8be9fe">NJ</dei:EntityAddressStateOrProvince>
    <dei:EntityAddressPostalZipCode
      contextRef="c20250505to20250505"
      id="Fact_e205947e45e24d1eb133a3a98eb1b366">07446</dei:EntityAddressPostalZipCode>
    <dei:CityAreaCode
      contextRef="c20250505to20250505"
      id="Fact_76c985b3df6d4dd2b6d62e6d138ba16d">201</dei:CityAreaCode>
    <dei:LocalPhoneNumber
      contextRef="c20250505to20250505"
      id="Fact_2a1e432d784e4acca93b667637505b7c">478-5552</dei:LocalPhoneNumber>
    <dei:WrittenCommunications
      contextRef="c20250505to20250505"
      id="Fact_63b299279c94428b8ac41186df80aee8">false</dei:WrittenCommunications>
    <dei:SolicitingMaterial
      contextRef="c20250505to20250505"
      id="Fact_fb7b526d9781479c90c1844f68612572">false</dei:SolicitingMaterial>
    <dei:PreCommencementTenderOffer
      contextRef="c20250505to20250505"
      id="Fact_f55aaeee968b48fa977196c9b67f65e5">false</dei:PreCommencementTenderOffer>
    <dei:PreCommencementIssuerTenderOffer
      contextRef="c20250505to20250505"
      id="Fact_e8e2adac33974292bbf1537018d69aa5">false</dei:PreCommencementIssuerTenderOffer>
    <dei:Security12bTitle
      contextRef="c20250505to20250505"
      id="Fact_ea24d246b1824a96b44ea270a0622c42">Common Stock</dei:Security12bTitle>
    <dei:TradingSymbol
      contextRef="c20250505to20250505"
      id="Fact_461a850852bf42db95cdab810c7f0129">ADMA</dei:TradingSymbol>
    <dei:SecurityExchangeName
      contextRef="c20250505to20250505"
      id="Fact_522ac4164a914b88abe449adac3c8f6d">NASDAQ</dei:SecurityExchangeName>
    <dei:EntityEmergingGrowthCompany
      contextRef="c20250505to20250505"
      id="Fact_419f512e93ab43cf97237f95616b50b7">false</dei:EntityEmergingGrowthCompany>
</xbrl>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
