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Business Combinations (Tables)
12 Months Ended
Dec. 31, 2012
Schedule Of Acquisition Costs [Table Text Block]
These costs are included in operating expenses as follows:

 

Consulting expenses   $ 274,000  
Professional fees     225,000  
General and administrative expenses     29,000  
Total acquisition costs   $ 528,000
Schedule of Purchase Price Allocation [Table Text Block]

The following table represents the allocation of the purchase consideration to the assets acquired and liabilities assumed on February 8, 2012. It has been revised to reflect an immaterial measurement period change (See Note 11 ):

 

    Estimated Fair
Value
 
Purchase Consideration:        
Series E Preferred Stock   $ 18,760,610  
Contingent Consideration     11,109,020  
Replacement Warrants     1,883,751  
Total Consideration   $ 31,753,381  
Tangible Assets Acquired:        
Cash   $ 24,563  
Receivables     35,394  
Property and equipment     772,486  
Other     87,391  
Identifiable Intangible Assets Acquired:        
IPR&D Technology     29,585,000  
Trademarks and Tradename     1,990,000  
Liabilities Assumed:        
Accounts Payable and Accrued Expenses     (1,044,530 )
Other     (118,617 )
Goodwill     421,694  
    $ 31,753,381
Business Acquisition, Pro Forma Information [Table Text Block]

The following unaudited pro forma financial information summarizes the results of operations for the periods indicated as if the purchase of Aldagen had been completed as of January 1, 2011. Pro forma information primarily reflects adjustments relating to (i) elimination of the interest on Aldagen’s promissory notes, (ii) additional stock-based compensation expense, (iii) elimination of the impact of the changes in the fair value of Aldagen’s derivative liabilities, and (iv) the amortization of intangibles acquired. The pro forma amounts do not purport to be indicative of the results that would have actually been obtained if the acquisition occurred as of January 1, 2011 or that may be obtained in the future.

 

    Three Months Ended
December 31,
    Twelve Months Ended
December 31,
 
    2012     2011     2012     2011  
Total revenues   $ 2,103,000     $ 3,085,000     $ 10,564,000     $ 7,871,000  
Net loss   $ (3,834,000 )   $ (929,000 )   $ (20,338,000 )   $ (9,237,000 )