Operating Segments (Tables)

9 Months Ended

Sep. 30, 2012

Revenues and Operating Loss for Reportable Segments

The table below presents revenues and operating loss for reportable segments:

	Three Months Ended September 30,						Nine Months Ended September 30,
	2012			2011			2012			2011
	(unaudited)						(unaudited)
Revenues:
Technology development revenues	$	4,874,826		$	6,161,826		$	15,868,642		$	17,406,515
Products and licensing revenues		3,155,953			2,681,184			8,715,630			10,058,709
Total revenues	$	8,030,779		$	8,843,010		$	24,584,272		$	27,465,224
Technology development operating Income/(loss)	$	(345,777	)	$	548,027		$	(662,048	)	$	(996,831	)
Products and licensing operating (loss)/income		171,775			(235,285	)		23,378			200,957
Total operating loss	$	(174,002	)	$	312,742		$	(638,670	)	$	(795,874	)
Depreciation, technology development	$	167,478		$	170,833		$	520,668		$	477,774
Depreciation, products and licensing	$	37,046		$	78,098		$	72,017		$	279,819
Amortization, technology development	$	24,405		$	57,303		$	56,341		$	179,802
Amortization, products and licensing	$	57,458		$	26,197		$	165,472		$	105,305

Assets for Reportable Segments

The table below presents assets for reportable segments:

	September 30, 2012		December 31, 2011
Total segment assets:
Technology development	$	14,273,238	$	14,427,172
Products and licensing		7,839,377		8,492,249
Total	$	22,112,615	$	22,919,421
Property plant and equipment, and intangible assets, Technology development	$	1,884,929	$	2,112,663
Property plant and equipment, and intangible assets, Products and licensing	$	1,035,271	$	1,243,574