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

Annual report pursuant to Section 13 and 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Summary of Significant Accounting Policies (Policies)
Notes Tables
Notes Details

Notes Payable (Details 2)

v2.4.1.9

Notes Payable (Details 2) (USD $)	12 Months Ended		0 Months Ended		1 Months Ended		2 Months Ended
Notes Payable (Details 2) (USD $)	Dec. 31, 2014	Dec. 31, 2013	Nov. 12, 2014	Oct. 05, 2012	Oct. 31, 2012	Aug. 31, 2012	Oct. 05, 2012	Nov. 13, 2014
Note Payable
Interest expense	$ 6,812,315us-gaap_InterestExpense	$ 4,819,708us-gaap_InterestExpense
Three Peaks
Note Payable
Non-cash expense	86,000
PDL and Three Peaks
Note Payable
Interest expense	6,724,000
Revenue Interest Purchase Agreement \| Three Peaks
Note Payable
Royalty percentage on net revenue			3.75%
Minimum annual payment amounts
Term	10 years		10 years
Revenue Interest Purchase Agreement \| Three Peaks \| Maximum
Note Payable
Royalty percentage on net revenue			4.80%
Revenue Interest Purchase Agreement \| PDL
Note Payable
Royalty percentage on net revenue		9.95%
Royalty percentage on product revenue		9.95%
Total debt		20,800,000
Payment to extinguish royalty contract			30,300,000
Minimum annual payment amounts
2014		1,250,805
2015		6,781,440
2016		9,232,642
2017		9,000,000
2018		9,000,000
2019		9,063,000
2020		6,939,000
Term				8 years
Funded amount					19,050,000	1,750,000	20,800,000
Internal rate of return on funded amount		20.00%
Revenue Interest Purchase Agreement \| PDL \| Minimum
Note Payable
Varying amount		1,300,000
Revenue Interest Purchase Agreement \| PDL \| Maximum
Note Payable
Varying amount		2,500,000
Term Loan \| Three Peaks
Note Payable
Total debt			25,000,000
Interest rate stated (as a percent)			9.00%
Basis spread on fixed rate, option 1			LIBOR
Basis spread on fixed rate, option 2			1.00%
Effective interest rate (as a percent)	10.00%							10.00%
Minimum annual payment amounts
Term			6 years

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Face (par) amount of debt instrument at time of issuance.

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