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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)
Jun. 30, 2011
Dec. 31, 2010
Current assets:    
Cash and cash equivalents $ 1,614,350 $ 1,340,922
Accounts receivable, net 1,212,594 162,376
Inventory 561,917 111,554
Prepaid expenses and other current assets 234,192 90,946
Total current assets 3,623,053 1,705,798
Property and equipment, net of accumulated depreciation of $1,701,688 and $1,392,704, respectively 741,387 756,956
Goodwill 4,040,443 857,597
Intangible assets, net of accumulated amortization of $2,800,561 and $2,132,606, respectively 15,758,439 3,929,394
Deposits and other long term assets 119,082 102,500
Total assets 24,282,404 7,352,245
Current liabilities:    
Accounts payable and accrued expenses 1,618,907 848,285
Short-term convertible notes, plus accrued interest of $3,432 0 403,432
Short-term notes payable, plus accrued interest of $97 45,540 0
Deferred Rent Current 6,620 0
Customer Deposits 43,125 0
Earn-out liability, payable in MiMedx stock 3,850,000 0
Total current liabilities 5,564,192 1,251,717
Earn-out liability, payable in MiMedx stock 3,554,700 0
Convertible debt, plus accrued interest of $24,110 959,209 0
Convertible line of credit with related party, plus accrued interest of $9,959 and amortized discount of $10,918 1,240,877 0
Notes payable, plus accrued interest of $301 7,704 0
Other long term liabilities 30,197 0
Total liabilities 11,356,879 1,251,717
Commitments and contingency (Note 11) 0 0
Stockholders' equity:    
Preferred stock; $.001 par value; 5,000,000 shares authorized and 0 shares issued and outstanding 0 0
Common stock; $.001 par value; 100,000,000 shares authorized;73,696,895 issued and 73,646,895 outstanding for 2011 and 64,381,910 issued and 64,331,910 outstanding for 2010 73,697 64,382
Additional paid-in capital 70,555,255 57,888,506
Treasury stock (50,000 shares at cost) (25,000) (25,000)
Accumulated deficit (57,678,427) (51,827,360)
Total stockholders' equity 12,925,525 6,100,528
Total liabilities and stockholders' equity $ 24,282,404 $ 7,352,245