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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash flows from operating activities:  
Net loss$ (7,616,791)$ (8,693,096)
Adjustments to reconcile net loss to net cash flows from operating activities, net of effects of acquisition:  
Depreciation330,851337,594
Amortization of intangible assets1,001,931500,949
Amortization of debt discount and deferred financing costs246,807499,610
Employee share-based compensation expense1,032,261731,216
Other share-based compensation expense285,154105,062
Increase (decrease) in cash resulting from changes in:  
Accounts receivable(818,102)(230,731)
Inventory(150,479)(86,901)
Prepaid expenses and other current assets(161,010)(2,392)
Other assets(48,174)57,957
Accounts payable and accrued expenses833,013609,276
Accrued interest65,2810
Other liabilities(9,825)0
Net cash flows from operating activities(5,009,083)(6,171,456)
Cash flows from investing activities:  
Purchases of equipment(417,900)(149,183)
Cash paid for acquisition, net of cash aquired of $33,583(466,417)0
Net cash flows from investing activities(884,317)(149,183)
Cash flows from financing activities:  
Proceeds from Note Payable with related party1,300,0000
Repayment of Line of Credit(99,000)0
Repayment of Notes Payable(50,671)0
Proceeds from sale of common stock and warrants and common stock with registration rights, net3,743,588785,000
Proceeds from exercise of stock options295,753102,626
Proceeds from exercise of warrants03,207,969
Net cash flows from financing activities5,189,6704,095,595
Net change in cash(703,730)(2,225,044)
Cash, beginning of period1,340,9222,653,537
Cash, end of period637,192428,493
Supplemental disclosure of cash flow information:  
Cash paid for interest4,8420
Cash paid for income taxes00
Supplemental disclosure of non-cash financing activity:  
Outstanding convertible debt and accrued interest406,6647,135,114
Stock valued in conjunction with its acquisition of Surgical Biologics, LLC7,087,500 
Shares issued in conjunction with its acquisition of Surgical Biologics, LLC (in shares)5,250,000 
Beneficial conversion feature value related to the convertible debt issued with regard to its acquisition of Surgical Biologics, LLC437,500 
Beneficial conversion feature related to convertible line of credit80,000 
Amortization of debt discount and deferred financing costs related to the conversion of convertible debt $ 599,001