Axogen, Inc. Annual report pursuant to Section 13 and 15(d)

Income Taxes (Tables)

12 Months Ended

Dec. 31, 2016


December 31		2016		2015

Deferred tax assets:
Net operating loss carryforwards	$	38,299,400	$	33,424,100
Charitable contributions		500		500
Inventory reserves		361,300		267,700
Amortization		89,500		51,400
Allowance for doubtful accounts		102,300		72,300
Stock-based compensation		341,400		260,600
Total deferred tax assets		39,194,400		34,076,600
Deferred tax liabilities:
Depreciation		(83,300)		(62,400)
Net deferred tax assets		39,111,100		34,014,200
Valuation allowance	$	(39,111,100)	$	(34,014,200)