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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Product revenue $ 10,280 $ 7,179 $ 6,263
Funded research and development revenue 13 1,234 2,043
Total revenue 10,293 8,413 8,306
Operating costs and expenses:      
Cost of product revenue 3,781 2,930 2,665
Research and product development expenses:      
Funded research and product development 25 2,538 4,095
Unfunded research and product development 1,441 1,317 1,349
Total research and product development expenses 1,466 3,855 5,444
Selling, general and administrative expenses 4,994 5,020 3,284
Operating income (loss) 52 (3,392) (3,087)
Interest expense 0 0 (222)
Loss on extinguishment of debt 0 0 (232)
Gain (loss) on derivatives 73 (3) (29)
Other (expense) income, net (25) 3 (2)
Income (loss) before income taxes and non-controlling interest 100 (3,392) (3,572)
Income tax benefit (expense) 1,548 (4) 208
Net income (loss), net of tax 1,648 (3,396) (3,364)
Plus: Net loss attributed to non-controlling interest 738 1,638 265
Net income (loss) attributed to MTI $ 2,386 $ (1,758) $ (3,099)
Net income (loss) per share attributable to MTI (Basic and Diluted) (in dollars per share) $ 0.48 $ (0.37) $ (0.65)
Weighted average shares outstanding (Basic and Diluted) (in shares) 5,001,934 4,771,658 4,771,658