Axogen, Inc. General form of registration statement for all companies including face-amount certificate companies

General form of registration statement for all companies including face-amount certificate companies

Property and Equipment (Tables)

Property and Equipment (Tables)

12 Months Ended

Dec. 31, 2012

Property and equipment consist of the following:


	December 31, 2012			December 31, 2011
Furniture and equipment	$	572,459		$	535,183
Leasehold improvements		42,564			42,564
Processing equipment		995,815			988,716
Less: accumulated depreciation and amortization		(1,502,304	)		(1,318,639	)

Property and equipment	$	108,534		$	247,824

- Definition

Tabular disclosure of the useful life and salvage value of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.

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