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

Income Taxes (Tables)

12 Months Ended

Dec. 31, 2015


December 31	2015	2014

Deferred tax assets:
Net operating loss carryforwards	33,424,100	29,263,100
Charitable contributions	500	500
Inventory reserves	267,700	152,000
Amortization	51,400	123,500
Allowance for doubtful accounts	72,300	35,400
Stock-based compensation	260,600	107,900
Total deferred tax assets	34,076,600	29,682,400
Deferred tax liabilities:
Depreciation	(62,400)	(85,700)
Total deferred tax assets (liabilities)	(62,400)	(85,700)
Net deferred tax assets	34,014,200	29,596,700
Valuation allowance	(34,014,200)	(29,596,700)