2014 Q4 Form 10-Q Financial Statement

#000137633914000043 Filed on November 10, 2014

View on sec.gov

Income Statement

Concept 2014 Q4 2014 Q3 2013 Q4
Revenue $39.57M $33.52M $17.99M
YoY Change 119.92% 107.98% 71.22%
Cost Of Revenue $3.600M $3.348M $3.110M
YoY Change 15.76% 58.41% 84.02%
Gross Profit $35.97M $30.17M $14.88M
YoY Change 141.71% 115.47% 68.74%
Gross Profit Margin 90.9% 90.01% 82.71%
Selling, General & Admin $29.24M $24.19M $14.28M
YoY Change 104.76% 90.33% 75.21%
% of Gross Profit 81.28% 80.19% 95.95%
Research & Development $1.850M $2.014M $1.380M
YoY Change 34.06% 56.44% 21.05%
% of Gross Profit 5.14% 6.68% 9.27%
Depreciation & Amortization $570.0K $313.0K $480.0K
YoY Change 18.75% 69.19% 26.32%
% of Gross Profit 1.58% 1.04% 3.23%
Operating Expenses $31.32M $26.21M $15.93M
YoY Change 96.61% 87.21% 62.72%
Operating Profit $4.653M $3.731M -$1.047M
YoY Change -544.41% -1558.04% 7.94%
Interest Expense -$10.00K $9.126K -$10.00K
YoY Change 0.0% 101.59% -98.41%
% of Operating Profit -0.21% 0.24%
Other Income/Expense, Net -$9.000K
YoY Change
Pretax Income $4.640M $3.722M -$1.420M
YoY Change -426.76% -1529.24% -11.8%
Income Tax $810.0K $22.00K $0.00
% Of Pretax Income 17.46% 0.59%
Net Earnings $3.832M $3.700M -$1.427M
YoY Change -368.54% -1305.21% -11.09%
Net Earnings / Revenue 9.68% 11.04% -7.93%
Basic Earnings Per Share $0.04 $0.03 -$0.01
Diluted Earnings Per Share $0.03 $0.03 -$0.01
COMMON SHARES
Basic Shares Outstanding 106.9M shares 105.8M shares 97.85M shares
Diluted Shares Outstanding 112.8M shares

Balance Sheet

Concept 2014 Q4 2014 Q3 2013 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $52.30M $47.30M $44.10M
YoY Change 18.59% 675.41% 548.53%
Cash & Equivalents $46.58M $47.25M $44.08M
Short-Term Investments $5.800M
Other Short-Term Assets $1.500M $2.000M $1.300M
YoY Change 15.38% 33.33% 85.71%
Inventory $5.133M $4.739M $3.881M
Prepaid Expenses
Receivables $26.67M $23.30M $16.09M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $85.68M $77.26M $65.39M
YoY Change 31.03% 198.94% 261.49%
LONG-TERM ASSETS
Property, Plant & Equipment $5.447M $5.052M $4.086M
YoY Change 33.31% 34.31% 281.29%
Goodwill $4.040M $4.040M $4.040M
YoY Change 0.0% 0.0% -0.01%
Intangibles $10.85M $10.96M $11.18M
YoY Change -2.99% -5.91% -6.15%
Long-Term Investments $3.300M
YoY Change
Other Assets $0.00 $0.00
YoY Change -100.0%
Total Long-Term Assets $23.58M $20.05M $19.31M
YoY Change 22.15% 3.1% 12.94%
TOTAL ASSETS
Total Short-Term Assets $85.68M $77.26M $65.39M
Total Long-Term Assets $23.58M $20.05M $19.31M
Total Assets $109.3M $97.32M $84.69M
YoY Change 29.0% 114.85% 140.73%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.661M $2.759M $2.491M
YoY Change 47.0% 25.1% 98.97%
Accrued Expenses $2.504M $1.990M $1.406M
YoY Change 78.09% 41.12% 41.92%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $18.40M $14.45M $9.608M
YoY Change 91.55% 73.43% 91.5%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0%
Other Long-Term Liabilities $1.526M $1.612M $1.518M
YoY Change 0.53% 13.0% 329.62%
Total Long-Term Liabilities $1.526M $1.612M $1.518M
YoY Change 0.53% 13.0% -65.23%
TOTAL LIABILITIES
Total Short-Term Liabilities $18.40M $14.45M $9.608M
Total Long-Term Liabilities $1.526M $1.612M $1.518M
Total Liabilities $19.93M $16.06M $11.13M
YoY Change 79.13% 64.6% -26.68%
SHAREHOLDERS EQUITY
Retained Earnings -$67.58M -$71.41M -$73.80M
YoY Change -8.43% -1.33% 5.9%
Common Stock $108.0K $107.8K $104.0K
YoY Change 3.85% 10.39% 17.62%
Preferred Stock
YoY Change
Treasury Stock (at cost) $5.637M $5.337M $25.00K
YoY Change 22448.0% 21248.31% 0.0%
Treasury Stock Shares 986.6K shares 944.5K shares 50.00K shares
Shareholders Equity $89.33M $81.26M $73.57M
YoY Change
Total Liabilities & Shareholders Equity $109.3M $97.32M $84.69M
YoY Change 29.0% 114.85% 140.73%

Cashflow Statement

Concept 2014 Q4 2014 Q3 2013 Q4
OPERATING ACTIVITIES
Net Income $3.832M $3.700M -$1.427M
YoY Change -368.54% -1305.21% -11.09%
Depreciation, Depletion And Amortization $570.0K $313.0K $480.0K
YoY Change 18.75% 69.19% 26.32%
Cash From Operating Activities $8.280M $8.950M $830.0K
YoY Change 897.59% 417.34% -195.4%
INVESTING ACTIVITIES
Capital Expenditures -$840.0K -$880.0K -$500.0K
YoY Change 68.0% -22.12% 108.33%
Acquisitions
YoY Change
Other Investing Activities -$9.000M $0.00
YoY Change
Cash From Investing Activities -$9.840M -$880.0K -$500.0K
YoY Change 1868.0% -22.12% 108.33%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 880.0K -60.00K 37.66M
YoY Change -97.66% -104.69% 15591.67%
NET CHANGE
Cash From Operating Activities 8.280M 8.950M 830.0K
Cash From Investing Activities -9.840M -880.0K -500.0K
Cash From Financing Activities 880.0K -60.00K 37.66M
Net Change In Cash -680.0K 8.010M 37.99M
YoY Change -101.79% 326.06% -4466.67%
FREE CASH FLOW
Cash From Operating Activities $8.280M $8.950M $830.0K
Capital Expenditures -$840.0K -$880.0K -$500.0K
Free Cash Flow $9.120M $9.830M $1.330M
YoY Change 585.71% 243.71% -311.11%

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CY2013Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
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CY2013Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
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CY2014Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
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CY2014Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
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CY2013Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
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CY2013Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2014Q3 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2014Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
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CY2013Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
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us-gaap Proceeds From Repurchase Of Equity
ProceedsFromRepurchaseOfEquity
-5312077 USD
us-gaap Proceeds From Repurchase Of Equity
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us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
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us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
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us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
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ProceedsFromWarrantExercises
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CY2014Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
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CY2013Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
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CY2014Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
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CY2013Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
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us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
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us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
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CY2013Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
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CY2013Q4 us-gaap Retained Earnings Accumulated Deficit
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CY2014Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
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us-gaap Revenue Recognition Sales Of Goods
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Revenue Recognition</font></div><div style="line-height:120%;padding-top:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company sells its products through a combination of a direct sales force and independent stocking distributors and representatives in the U.S. and independent distributors in international markets. The Company recognizes revenue when title to the goods transfers to customers, provided there are no material remaining performance obligations required of the Company or any matters of customer acceptance. In cases where the Company utilizes distributors or ships product directly to the end user, it recognizes revenue upon shipment provided all revenue recognition criteria have been met. A portion of the Company's revenue is generated from inventory maintained at hospitals or with the field representatives. For these products, revenue is recognized at the time the product has been used or implanted. The Company records estimated sales returns, discounts and allowances as a reduction of net sales in the same period revenue is recognized.&#160;&#160;</font></div></div>
CY2013Q3 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
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us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
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CY2014Q3 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
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us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
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CY2014Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
1.87
CY2013Q3 us-gaap Selling General And Administrative Expense
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us-gaap Share Based Compensation
ShareBasedCompensation
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us-gaap Share Based Compensation
ShareBasedCompensation
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ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
0.645
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
0.6456
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
6517614 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
249670 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
4.04
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
2948969 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
4.09
CY2014Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
64630326 USD
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
15375960 shares
CY2014Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
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us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
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us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
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us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
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us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
0.636
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.0188
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.0196
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.0085
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.0169
CY2014Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
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CY2014Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
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CY2014Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
3.32
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
2.46
CY2014Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
64242362 USD
CY2014Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
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us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
7.03
CY2014Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
3.27
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
1.31
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
0.81
CY2014Q3 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
8987368 shares
CY2014Q3 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
16843940 shares
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y
CY2014Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
47252742 USD
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
P6Y8M12D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P7Y6M
CY2014Q3 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
1.87
CY2014Q3 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
3.32
us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
P7Y6M
us-gaap Stock Issued During Period Shares Conversion Of Convertible Securities
StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities
5272004 shares
us-gaap Stock Issued During Period Shares Conversion Of Convertible Securities
StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities
0 shares
us-gaap Stock Issued During Period Shares Issued For Services
StockIssuedDuringPeriodSharesIssuedForServices
13158 shares
us-gaap Stock Issued During Period Shares Issued For Services
StockIssuedDuringPeriodSharesIssuedForServices
0 shares
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
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us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
5272004 USD
us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
0 USD
us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
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us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
0 USD
us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
0 USD
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
1497090 USD
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
5312077 USD
CY2014Q3 us-gaap Stockholders Equity
StockholdersEquity
81256251 USD
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
73568070 USD
CY2013Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
50000 shares
CY2014Q3 us-gaap Treasury Stock Shares
TreasuryStockShares
944466 shares
CY2013Q4 us-gaap Treasury Stock Value
TreasuryStockValue
25000 USD
CY2014Q3 us-gaap Treasury Stock Value
TreasuryStockValue
5337077 USD
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;padding-top:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.&#160;</font></div></div>
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
7193672 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2013Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2014Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
7057713 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
112525016 shares
CY2014Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
112814658 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
95429988 shares
CY2013Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
96914856 shares
CY2014Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
105756945 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
105331344 shares
CY2013Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
96914856 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
95429988 shares
CY2014Q3 mdxg Capital Leases Interest Rate Effective Percentage Maximum
CapitalLeasesInterestRateEffectivePercentageMaximum
0.12
CY2014Q3 mdxg Capital Leases Interest Rate Effective Percentage Minimum
CapitalLeasesInterestRateEffectivePercentageMinimum
0.03
CY2013Q4 mdxg Intangible Assets Accumulated Amortization And Impairment Charges
IntangibleAssetsAccumulatedAmortizationAndImpairmentCharges
3003324 USD
CY2014Q3 mdxg Intangible Assets Accumulated Amortization And Impairment Charges
IntangibleAssetsAccumulatedAmortizationAndImpairmentCharges
3698692 USD
mdxg Number Of Share Based Compensation Plans
NumberOfShareBasedCompensationPlans
3 plan
mdxg Numberof Patients
NumberofPatients
150 patient
CY2014Q3 mdxg Outstanding Assumed Options
OutstandingAssumedOptions
375000 shares
mdxg Paymentsfor Application Costs Patent
PaymentsforApplicationCostsPatent
526566 USD
mdxg Paymentsfor Application Costs Patent
PaymentsforApplicationCostsPatent
477095 USD
mdxg Share Based Compensation Arrangement By Share Based Payment Award Nonvested Options Outstanding Vested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonvestedOptionsOutstandingVestedNumber
84332 shares
mdxg Stock Issued During Period Value Exercise Of Warrants
StockIssuedDuringPeriodValueExerciseOfWarrants
868625 USD
mdxg Warrants Term
WarrantsTerm
P5Y
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
dei Document Period End Date
DocumentPeriodEndDate
2014-09-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0001376339
CY2014Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
106938400 shares
dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
MIMEDX GROUP, INC.

Files In Submission

Name View Source Status
0001376339-14-000043-index-headers.html Edgar Link pending
0001376339-14-000043-index.html Edgar Link pending
0001376339-14-000043.txt Edgar Link pending
0001376339-14-000043-xbrl.zip Edgar Link pending
exhibit311-certificationof.htm Edgar Link pending
exhibit312-certificationof.htm Edgar Link pending
exhibit321-certificationof.htm Edgar Link pending
exhibit322-certificationof.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
mdxg-20140930.xml Edgar Link completed
mdxg-20140930.xsd Edgar Link pending
mdxg-20140930_cal.xml Edgar Link unprocessable
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