Axogen, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Income Taxes

Income Taxes	6 Months Ended
Jun. 30, 2012
Income Tax Disclosure [Abstract]
Income Taxes	9. Income Taxes Income tax benefit of approximately $736,000 for the three months and six months ended June 30, 2012 was the result of the Company’s ability to utilize net operating losses and franchise tax adjustments which resulted in tax refunds. Approximately $563,000 of the tax refund has been received and $173,000 is to be received and included in prepaid expenses and other.

Income Taxes

6 Months Ended

Jun. 30, 2012

9. Income Taxes

Income tax benefit of approximately $736,000 for the three months and six months ended June 30, 2012 was the result of the Company’s ability to utilize net operating losses and franchise tax adjustments which resulted in tax refunds. Approximately $563,000 of the tax refund has been received and $173,000 is to be received and included in prepaid expenses and other.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References

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+ Details