Annual report pursuant to Section 13 and 15(d)

3. ACQUISITION (Tables)

v3.19.1
3. ACQUISITION (Tables)
12 Months Ended
Dec. 31, 2018
Business Combinations [Abstract]  
Purchase price allocation
Issuance of 12,866,740 shares of common stock (voting and non-voting) valued at $3.66 per share   $ 47,165,468  
Transfer of two plasma collection centers at fair value     12,621,844  
Total purchase price   $ 59,787,312  
Schedule of assets and liabilities assumed
Cash   $ 12,500,000  
Inventory     8,197,354  
Land and buildings     20,000,000  
Property and equipment     8,209,800  
Assets held for sale     845,389  
Other current assets     795,553  
Trademark and other intangible rights to Nabi-HB     4,100,046  
Right to intermediates     907,421  
Customer contract     1,076,557  
Goodwill     3,529,509  
Liabilities assumed     (374,317 )
Total purchase price   $ 59,787,312  
Pro forma information
    Year Ended December 31, 2017
Revenues:        
       As reported   $ 22,760,560  
       Pro forma   $ 41,024,330  
         
Net loss        
       As reported   $ (43,758,975 )
       Pro forma   $ (52,928,428 )
         
Basic and diluted net loss per share:        
       As reported   $ (1.91 )
       Pro forma   $ (1.17 )