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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Cash flows from operating activities:    
Net loss $ (5,851,067) $ (5,838,654)
Adjustments to reconcile net loss to net cash flows from operating activities, net of effects of acquisition:    
Depreciation 231,862 223,264
Amortization of intangible assets 667,954 333,966
Amortization of debt discount and deferred financing costs 133,517 499,610
Employee share-based compensation expense 809,469 460,756
Other share-based compensation expense 222,208 42,554
Increase (decrease) in cash resulting from changes in:    
Accounts receivable (559,044) (380,565)
Inventory (103,257) (64,408)
Prepaid expenses and other current assets (140,508) (704)
Other assets 0 96,702
Accounts payable and accrued expenses 574,521 726,919
Accrued interest 37,698 0
Other liabilities 57,127 0
Net cash flows from operating activities (3,919,520) (3,900,560)
Cash flows from investing activities:    
Purchase of equipment (143,427) (120,367)
Cash paid in conjunction with acquisition (466,417) 0
Net cash flows from investing activities (609,844) (120,367)
Cash flows from financing activities:    
Proceeds from Line of Credit with Related Party 1,300,000 0
Repayment of Line of Credit (99,000) 0
Repayment of Notes Payable (30,932) 0
Proceeds from sale of common stock and warrants and common stock with registration rights, net 3,632,721 785,000
Proceeds from exercise of stock options 3 102,626
Proceeds from exercise of warrants 0 3,207,969
Net cash flows from financing activities 4,802,792 4,095,595
Net change in cash 273,428 74,668
Cash, beginning of period 1,340,922 2,653,537
Cash, end of period 1,614,350 2,728,205
Supplemental disclosure of cash flow information:    
Cash paid for interest 2,833 0
Cash paid for income taxes 0 0
Supplemental disclosure of non-cash financing activity:    
Outstanding convertible debt and accrued interest    
Stock valued in conjunction with its acquisition of Surgical Biologics, LLC 7,087,500  
Beneficial conversion feature value related to the convertible debt issued with regard to its acquisition of Surgical Biologics, LLC 437,500  
Beneficial conversion feature related to convertible line of credit $ 80,000