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Reverse Merger (Tables)
6 Months Ended
Jun. 30, 2014
Business Combinations [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The table below shows the management’s best estimate of the purchase price paid for the reverse acquisition of CytoCore by Medite Enterprise, Inc. :
 
 
 
In thousands
 
Net assets acquired
 
 
 
 
Cash
 
$
1
 
Accounts receivable
 
 
8
 
Goodwill
 
 
12,461
 
 
 
$
12,470
 
 
 
 
 
 
Liabilities assumed
 
 
 
 
Accounts payable & accrued expenses
 
$
2,908
 
Related party advances
 
 
102
 
Loans payable
 
 
21
 
 
 
$
3,031
 
 
 
 
 
 
Net identifiable assets/consideration paid
 
$
9,439