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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) (USD $)
3 Months Ended 12 Months Ended
Dec. 31, 2011
Sep. 30, 2011
Jun. 30, 2011
Mar. 31, 2011
Dec. 31, 2010
Sep. 30, 2010
Jun. 30, 2010
Mar. 31, 2010
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Cash and Cash Equivalents [Abstract]                      
Certificates of deposit, Amortized Cost $ 5,797,322       $ 7,167,818       $ 5,797,322 $ 7,167,818  
Certificates of deposit, Unrealized Gains 158       62       158 62  
Certificates of deposit, Unrealized (Losses) (5,112)       (7,919)       (5,112) (7,919)  
Certificates of deposit, Aggregate Fair Market Value 5,792,368       7,159,961       5,792,368 7,159,961  
Short-term Investments [Abstract]                      
Short-term investments, Amortized Cost 234,281,229       52,780,847       234,281,229 52,780,847  
Short-term investments, Unrealized Gains 43,051       23,066       43,051 23,066  
Short-term investments, Unrealized (Losses) (30,239)       (9,368)       (30,239) (9,368)  
Short-term investments, Aggregate Fair Market Value 234,294,041       52,794,545       234,294,041 52,794,545  
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                      
Loss on stock warranty liability                 (4,190,283) (10,077,065) (1,031,055)
Numerator:                      
Net income (loss) 5,733,883 5,989,426 3,312,700 (11,880,856) (5,316,414) (7,186,570) (4,436,095) (2,978,331) 3,155,153 (19,917,410) (20,505,320)
Denominator:                      
Weighted average common shares outstanding - Basic (in shares)                 43,737,968 37,567,374 36,479,331
Effect of dilutive shares:                      
Common stock equivalents arising from stock options and ESPP (in shares)                 956,803 0 0
Restricted stock awards and units (in shares)                 445,623 0 0
Weighted average common shares outstanding - Diluted (in shares)                 45,140,394 37,567,374 36,479,331
Net income (loss) per common share:                      
Basic (in dollars per share) $ 0.13 $ 0.13 $ 0.07 $ (0.31)         $ 0.07 $ (0.53) $ (0.56)
Diluted (in dollars per share) $ 0.12 $ 0.12 $ (0.03) $ (0.31)         $ 0.07 $ (0.53) $ (0.56)
Anti-dilutive shares excluded from the calculation of diluted net loss per common share (in shares)                 586,972 3,165,048 4,299,598
Deferred revenue [Abstract]                      
Deferred revenue 9,407,715               9,407,715    
Deferred revenue under license agreements not yet executed or deemed effective 3,366,667               3,366,667    
Deferred revenue, revenue recognized                   2,100,000 1,500,000
Accounts receivable [Abstract]                      
Unbilled receivables, current 869,982       1,095,329       869,982 1,095,329  
Research and Development [Abstract]                      
Development and operations in the Company's facility                 18,658,616 14,959,399 14,350,130
Research and Development Costs incurred under sponsored research agreements                 1,021,925 1,143,052 1,264,983
PPG OLED Materials Agreement (Note 7)                 3,539,017 3,296,227 3,266,980
Amortization of intangibles                 48,849 1,234,272 1,695,072
Scientific Advisory Board compensation                 860,826 1,062,189 544,991
Research and Development Expense, Total                 24,129,233 21,695,139 21,122,156
Statement of Cash Flow Information [Abstract]                      
Unrealized gain (loss) on available-for-sale securities                 (886) (11,819) (100,980)
Common stock issued for royalties that was earned in a previous period [Member]
                     
Other Significant Noncash Transactions [Line Items]                      
Other non-cash activities                 0 81,273 81,954
Common stock issued to Board of Directors and Scientific Advisory Board that was earned in a previous period [Member]
                     
Other Significant Noncash Transactions [Line Items]                      
Other non-cash activities                 299,943 314,181 309,802
Common stock issued to employees that was accrued for in a previous period, net of shares withheld for taxes [Member]
                     
Other Significant Noncash Transactions [Line Items]                      
Other non-cash activities                 1,113,483 929,552 1,031,645
Fair value of stock warrant liability reclassified to shareholders' equity upon exercise [Member]
                     
Other Significant Noncash Transactions [Line Items]                      
Other non-cash activities                 14,850,038 3,137,475 0
Accounting Standards Codification 815 [Member]
                     
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                      
Cumulative effect of the adoption of revisions to ASC 815                     (2,689,110)
Accounting Standards Codification 815 [Member] | Additional Paid-in Capital [Member]
                     
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                      
Cumulative effect of the adoption of revisions to ASC 815                     (6,557,928)
Building [Member]
                     
Property, Plant and Equipment [Line Items]                      
Estimated useful life (in years)                 30    
Building Improvements [Member]
                     
Property, Plant and Equipment [Line Items]                      
Estimated useful life (in years)                 15    
Office, Lab Equipment and Furniture and Fixtures [Member]
                     
Property, Plant and Equipment [Line Items]                      
Estimated useful life, minimum (in years)                 3    
Estimated useful life, maximum (in years)                 7    
Stock warrant [Member]
                     
Derivative [Line Items]                      
Contractual life (years)                   0.6  
Contractual life, minimum (years)                     0.1
Contractual life, maximum (years)                     0.6
Expected volatility (in hundredths)                   55.60%  
Expected volatility, minimum (in hundredths)                     40.50%
Expected volatility, maximum (in hundredths)                     76.70%
Risk-free interest rate (in hundredths)                   0.20%  
Risk-free interest rate, minimum (in hundredths)                     0.10%
Risk-free interest rate, maximum (in hundredths)                     0.80%
Annual dividend yield (in hundredths)                   0.00% 0.00%
Stock warrant liability [Member]
                     
Reconciliation of changes in fair value classified as Level 3 [Roll Forward]                      
Fair value, beginning of year       10,659,755       3,720,165 10,659,755 3,720,165 0
Cumulative effect of reclassification of stock warrant liability under ASC 815                 0 0 2,689,110
Loss for period                 4,190,283 10,077,065 1,031,055
Warrants exercised                 (14,850,038) (3,137,475) 0
Fair value, end of year 0       10,659,755       0 10,659,755 3,720,165
Measured on a recurring basis [Member] | Quoted prices in active markets (Level 1) [Member]
                     
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]                      
Cash equivalents 96,538,248       8,234,698       96,538,248 8,234,698  
Short-term investments 234,294,041       52,794,545       234,294,041 52,794,545  
Stock warrant liability         0         0  
Measured on a recurring basis [Member] | Significant other observable inputs (Level 2) [Member]
                     
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]                      
Cash equivalents 0       0       0 0  
Short-term investments 0       0       0 0  
Stock warrant liability         0         0  
Measured on a recurring basis [Member] | Significant unobservable inputs (Level 3) [Member]
                     
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]                      
Cash equivalents 0       0       0 0  
Short-term investments 0       0       0 0  
Stock warrant liability         10,659,755         10,659,755  
Total carrying value [Member]
                     
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]                      
Cash equivalents 96,538,248       8,234,698       96,538,248 8,234,698  
Short-term investments 234,294,041       52,794,545       234,294,041 52,794,545  
Stock warrant liability         10,659,755         10,659,755  
Corporate bonds [Member]
                     
Schedule of Available-for-sale Securities [Line Items]                      
Available-for-sale securities, Amortized Cost 223,260,232       30,423,518       223,260,232 30,423,518  
Available-for-sale securities, Gross Unrealized Gains 42,461       19,964       42,461 19,964  
Available-for-sale securities, Gross Unrealized (Losses) (25,118)       (642)       (25,118) (642)  
Available-for-sale securities, Aggregate Fair Market Value 223,277,575       30,442,840       223,277,575 30,442,840  
U.S. Government bonds [Member]
                     
Schedule of Available-for-sale Securities [Line Items]                      
Available-for-sale securities, Amortized Cost 5,223,675       15,189,511       5,223,675 15,189,511  
Available-for-sale securities, Gross Unrealized Gains 432       3,040       432 3,040  
Available-for-sale securities, Gross Unrealized (Losses) (9)       (807)       (9) (807)  
Available-for-sale securities, Aggregate Fair Market Value $ 5,224,098       $ 15,191,744       $ 5,224,098 $ 15,191,744