UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $) In Thousands, unless otherwise specified	3 Months Ended		90 Months Ended
	Mar. 31, 2013	Mar. 31, 2012	Mar. 31, 2013
OPERATING ACTIVITIES
Net loss	$ (565)	$ (2,137)	$ (30,078)
Adjustments to reconcile net loss to net cash used in operating activities:
Amortization of deferred finance costs	0	2	1,984
Stock-based compensation expense	65	111	1,818
Stock-based compensation expense related to Share Exchange	0	0	77
Depreciation and amortization	35	42	544
Loss from disposal of assets	0	0	20
Gain on sale of TruePosition investment	0	0	(903)
Inventory disposals	0	0	337
Changes in operating assets and liabilities
Inventory	6	(506)	(1,931)
Other current assets	34	50	(157)
Other assets	0	0	(2)
Accounts payable and accrued liabilities	(128)	329	851
Accrued Interest	(12)	(48)	0
NET CASH USED IN OPERATING ACTIVITIES	(565)	(2,157)	(27,440)
INVESTING ACTIVITIES
Purchase of equipment	0	(5)	(861)
Proceeds from sale of True Position investment	0	0	903
Payment received under Rule 16b	0	0	4
NET CASH (USED IN) PROVIDED BY INVESTING ACTIVITIES	0	(5)	46
FINANCING ACTIVITIES
Net cash provided in connection with the acquisition of SafeStitch LLC	0	0	3,192
Issuance of Common Stock, net of offering costs	3,024	8,318	20,305
Issuance of Preferred Stock, net of offering costs	0	0	3,980
Capital contributions	0	0	1,431
Proceeds from notes payable	0	0	141
Repayment of notes payable	0	0	(141)
Proceeds from stockholders loans	200	500	6,935
Repayment of stockholders loans	(1,100)	(2,975)	(6,851)
Exercise of warrants	0	0	201
Exercise of options	0	0	35
NET CASH PROVIDED BY FINANCING ACTIVITIES	2,124	5,843	29,228
NET INCREASE IN CASH AND CASH EQUIVALENTS	1,559	3,681	1,834
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	275	298	0
CASH AND CASH EQUIVALENTS AT END OF PERIOD	1,834	3,979	1,834
Supplemental disclosures:
Cash paid for interest	35	91	191
Non cash activities:
Non-cash dividend upon issuance & conversion of Preferred	0	0	5,001
Stock dividends	0	0	366
Stockholder loans contributed to capital	0	0	84
Warrants issued in connection with credit facility	$ 0	$ 0	$ 1,985