|
Deferred Revenue
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12 Months Ended | |
|---|---|---|
|
Dec. 31, 2014
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| Deferred Revenue [Abstract] | ||
| Deferred Revenue Disclosure [Text Block] | Note 10 — Deferred Revenue Deferred revenue consists of prepaid licensing revenue from the Arthrex Agreement. Revenue related to prepaid licensing is recognized on a straight-line basis over 5 years, the term of the Arthrex Agreement. Revenue of $402,264 and $167,657 related to the prepaid license was recognized in the years ended December 31, 2014 and 2013, respectively. (See Note 2 — Arthrex Distributor and License Agreement for additional details.) |