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Statements Of Income (USD $)
3 Months Ended 6 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Revenue        
Product sales $ 8,113,806 $ 7,231,149 $ 16,461,887 $ 13,205,755
Contract research and development 153,567 70,031 258,521 272,358
Total revenue 8,267,373 7,301,180 16,720,408 13,478,113
Cost of sales 1,609,632 1,503,546 3,167,978 2,881,901
Gross profit 6,657,741 5,797,634 13,552,430 10,596,212
Expenses        
Selling, general , and administrative 625,599 660,076 1,255,249 1,212,880
Research and development 787,279 876,463 1,590,707 1,839,374
Total expenses 1,412,878 1,536,539 2,845,956 3,052,254
Income from operations 5,244,863 4,261,095 10,706,474 7,543,958
Interest income 562,923 520,802 1,111,477 1,047,141
Income before taxes 5,807,786 4,781,897 11,817,951 8,591,099
Provision for income taxes 1,932,164 1,552,246 3,905,219 2,794,623
Net income $ 3,875,622 $ 3,229,651 $ 7,912,732 $ 5,796,476
Net income per share - basic $ 0.80 $ 0.67 $ 1.63 $ 1.19
Net income per share - diluted $ 0.80 $ 0.66 $ 1.63 $ 1.19
Weighted average shares outstanding        
Basic 4,855,071 4,852,178 4,853,068 4,857,279
Diluted 4,872,029 4,873,106 4,868,769 4,878,599