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Consolidated Statements of Operations (USD $)
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Revenues      
Product revenues $ 21,336,458 $ 17,925,954 $ 14,776,144
Product revenues from related party   4,304,519 3,201,464
Service revenues 3,640,453    
Royalties 394,491 380,473 320,149
Royalties from related party 3,436,173 3,079,379 2,650,831
Other revenues 119,059 138,052 139,050
Other revenues from related party 299,818   21,974,383
Total revenues 29,226,452 25,828,377 43,062,021
Cost of product revenues 10,903,459 8,875,065 8,816,492
Cost of product revenues from related party   3,913,199 2,874,873
Cost of service revenues 2,347,426    
Total cost of revenues 13,250,885 12,788,264 11,691,365
Gross profit 15,975,567 13,040,113 31,370,656
Operating expenses      
Sales and marketing 438,950   87,669
Research and development (net of reimbursement from related party: 2012 - $435,199; 2011 - $3,196,601)   770,642 2,779,058
Acquisition related expenses 1,623,368    
General and administrative 8,038,283 9,459,963 8,108,194
Net gain on U.S. sale of STRIANT     (2,533,127)
Total operating expenses 10,100,601 10,230,605 8,441,794
Income from operations 5,874,966 2,809,508 22,928,862
Interest income, net 71,279 238,033 95,146
Change in fair value of common stock warrants 794,280 6,995,099 (2,164,543)
Other expense, net (14,187) (122,660) (292,991)
Income before income taxes 6,726,338 9,919,980 20,566,474
Provision for income taxes 22,564 2,707 39,282
Net income $ 6,703,774 $ 9,917,273 $ 20,527,192
Basic net income per common share $ 0.59 $ 0.91 $ 1.90
Diluted net income per common share $ 0.52 $ 0.26 $ 1.73
Basic weighted average common shares outstanding 11,259,347 10,914,476 10,790,669
Diluted weighted average common shares outstanding 11,273,456 11,063,034 11,568,644