Liquidity and management's plans

9 Months Ended

Sep. 30, 2012

Liquidity and management's plans [Abstract]

Liquidity and management's plans

3.           Liquidity and management's plans

As of September 30, 2012, the Company had approximately $7,621,000 of cash and cash equivalents.  The Company reported total current assets of approximately $16,140,000 and current liabilities payable in cash of approximately $5,003,000 after adjusting for the short term earn-out liability payable in MiMedx common stock in the second quarter of 2013.  The Company believes that its anticipated cash from operating and financing activities and existing cash and cash equivalents will enable the Company to meet its operational liquidity needs, fund its planned investing activities and pay its debt when due for the next twelve months.