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BioLife Solutions Announces 2012 Third Quarter Results: Ninth Straight Quarter of Record Revenue
Date:11/13/2012

re69,679,85469,679,85469,679,85469,679,854  Selected Balance Sheet DataSeptember 30,December 31,20122011Cash and cash equivalents$

7,529$

16,864Accounts receivable797,943547,143Inventories849,211505,956Total current assets1,777,5971,160,407Total current liabilities1,468,094579,248Promissory notes payable, related parties10,603,12710,128,127Accrued interest, related parties2,573,8362,025,961Total liabilities15,453,61512,842,503Total shareholders' equity (deficiency)(12,035,782)(11,180,486)  Selected Cash Flow DataNine Months Ended September 30,20122011Cash provided by (used in) operating activities$

686,128$

(797,122)Cash used in investing activities(1,170,463)(55,972)Cash provided by financing activities475,000870,000Net increase (decrease) in cash and equivalents(9,335)16,906
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SOURCE BioLife Solutions, Inc.
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