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Statements of Income (USD $)
12 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Mar. 31, 2012
Revenue      
Product sales $ 25,512,028 $ 24,434,823 $ 25,151,822
Contract research and development 422,879 2,598,596 3,427,398
Total revenue 25,934,907 27,033,419 28,579,220
Cost of sales 5,720,277 7,025,181 9,325,511
Gross profit 20,214,630 20,008,238 19,253,709
Expenses      
Selling, general , and administrative 2,235,475 2,240,563 2,380,603
Research and development 3,585,339 2,570,821 2,600,058
Total expenses 5,820,814 4,811,384 4,980,661
Income from operations 14,393,816 15,196,854 14,273,048
Interest income 2,122,133 2,359,603 2,350,191
Income before taxes 16,515,949 17,556,457 16,623,239
Provision for income taxes 5,380,074 5,727,619 5,242,144
Net income $ 11,135,875 $ 11,828,838 $ 11,381,095
Net income per share - basic $ 2.30 $ 2.44 $ 2.37
Net income per share - diluted $ 2.29 $ 2.43 $ 2.34
Weighted average shares outstanding      
Basic 4,851,460 4,839,810 4,796,227
Diluted 4,867,691 4,863,546 4,863,471