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Condensed Consolidated Statement of Cash Flows (USD $)
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
CASH FLOWS FROM OPERATING ACTIVITIES:    
NET INCOME $ 7,285,932 $ 21,544,549
Adjustments to reconcile net income to net cash provided by (used in) operating activities-    
Depreciation and amortization 440,779 120,646
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 (5,399,569) (2,790,337)
Recognition of deferred income 0 (16,924,568)
Provision for sales returns (222,764) 358,287
Writeoff of accounts receivable 0 7,616
Writeoff of inventories 867,316 58,612
Share-based compensation 637,487 649,658
Loss on disposal of fixed assets 6,225 3,780
Changes in assets and liabilities-(Increase) decrease in:    
Accounts receivable (170,839) 1,033,654
Inventories (938,288) (1,103,674)
Prepaid expenses and other current assets 164,196 (167,256)
Other assets 425,408 19,835
Decrease in:    
Accounts payable (1,342,867) (2,487,095)
Other accrued expenses (397,590) (1,247,092)
Deferred revenue (103,406) (154,187)
Net cash provided by (used in) operating activities 1,252,020 (889,494)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property and equipment (985,930) (631,031)
Additions to short term investments (179,811) (15,031,406)
Proceeds from sale of STRIANT 0 3,100,000
Net cash (used in) investing activities (1,165,741) (12,562,437)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Payments for Repurchase of Preferred Stock and Preference Stock (50,000) 0
Proceeds from exercise of stock options 0 2,641,950
Proceeds from exercise of warrants 0 653,299
Payments for purchase of treasury stock 0 (125,381)
Dividends paid 0 (22,500)
Net cash (used in) provided by financing activities (50,000) 3,147,368
EFFECT OF EXCHANGE RATE CHANGES ON CASH 35,140 1,049
NET INCREASE (DECREASE) IN CASH 71,419 (10,303,514)
CASH, BEGINNING OF PERIOD 10,114,163 21,630,979
CASH, END OF PERIOD 10,185,582 11,327,465
SUPPLEMENTAL INFORMATION    
Taxes paid 52,728 199,775
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