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Receivables
6 Months Ended
Jun. 30, 2016
Receivables [Abstract]  
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]
Note 5 – Receivables
 
Accounts and other receivable, net consisted of the following:
 
 
 
Successor
 
Predecessor
 
 
 
June 30,
 
December 31,
 
 
 
2016
 
2015
 
 
 
 
 
 
 
 
 
Trade receivables
 
$
171,168
 
$
460,763
 
Other receivables
 
 
1,056,351
 
 
650,230
 
 
 
 
1,227,519
 
 
1,110,993
 
Less allowance for doubtful accounts
 
 
-
 
 
(96,748)
 
 
 
$
1,227,519
 
$
1,014,245
 
 
Other receivables at June 30, 2016 and December 31, 2015 consist primarily of royalties due from Arthrex and the receivable due from our contract manufacturer for the cost of raw materials required to manufacture the Angel products that are purchased by the Company and immediately resold, at cost, to the contract manufacturer. We assigned all of our rights under the Arthrex Agreement to Deerfield on the Effective Date.