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Condensed Consolidated Statement of Cash Flows (USD $)
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
CASH FLOWS FROM OPERATING ACTIVITIES:    
NET INCOME $ 6,897,203 $ 17,127,308
Adjustments to reconcile net income to net cash used in operating activities-    
Depreciation and amortization 191,821 86,520
Gain on sale of STRIANT 0 (2,533,127)
Change in value of redeemable warrants 0 2,721,205
Change in value of stock warrants (6,465,067) 2,260,183
Recognition of deferred income 0 (16,889,710)
Provision for sales returns (100,000) 52,487
Writeoff of accounts receivable 0 7,616
Writeoff of inventories 758,638 0
Share-based compensation 487,981 504,383
Loss on disposal of fixed assets 6,225 3,780
Changes in assets and liabilities-(Increase) decrease in:    
Accounts receivable 211,500 (4,941,991)
Inventories (1,364,566) (483,645)
Prepaid expenses and other current assets (322,089) (292,118)
Other assets 425,411 19,717
Decrease in:    
Accounts payable (1,343,711) (2,093,664)
Other accrued expenses (657,988) (918,025)
Deferred revenue (69,027) (154,187)
Net cash used in operating activities (1,343,669) (5,523,268)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property and equipment (1,044,871) (625,344)
Proceeds from sale of STRIANT 0 3,100,000
Net cash (used in) provided by investing activities (1,044,871) 2,474,656
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from exercise of stock options 0 2,641,951
Proceeds from exercise of warrants 0 653,299
Payments for purchase of treasury stock 0 (125,381)
Dividends paid (15,000) (15,000)
Net cash (used in) provided by financing activities (15,000) 3,154,869
EFFECT OF EXCHANGE RATE CHANGES ON CASH 6,195 23,544
NET (DECREASE) INCREASE IN CASH (2,397,345) 129,801
CASH, BEGINNING OF PERIOD 10,114,163 21,630,979
CASH, END OF PERIOD 7,716,818 21,760,780
SUPPLEMENTAL INFORMATION    
Taxes paid 37,156 109,476
NON-CASH FINANCING ACTIVITIES    
Reclassification of redeemable warrant liability to capital in excess of par value 0 16,193,037
Retirement of warrant liability $ 0 $ 561,398