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Consolidated Balance Sheet (USD $)
Dec. 31, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 9,810,816us-gaap_CashAndCashEquivalentsAtCarryingValue $ 5,624,860us-gaap_CashAndCashEquivalentsAtCarryingValue
Short term investments 10,900,436us-gaap_ShortTermInvestments 6,966,964us-gaap_ShortTermInvestments
Accounts receivable, net 2,987,047us-gaap_AccountsReceivableNetCurrent 5,004,418us-gaap_AccountsReceivableNetCurrent
Income tax receivable 653,116us-gaap_IncomeTaxesReceivable 255,708us-gaap_IncomeTaxesReceivable
Deferred tax asset 16,907us-gaap_DeferredTaxAssetsNetCurrent 94,992us-gaap_DeferredTaxAssetsNetCurrent
Deferred royalty buy-down 569,641us-gaap_DeferredCostsCurrent 0us-gaap_DeferredCostsCurrent
Prepaid expenses and other current assets 210,847us-gaap_PrepaidExpenseAndOtherAssetsCurrent 326,519us-gaap_PrepaidExpenseAndOtherAssetsCurrent
Total current assets 25,148,810us-gaap_AssetsCurrent 18,273,461us-gaap_AssetsCurrent
Long-term Investments 1,250,000us-gaap_LongTermInvestments 0us-gaap_LongTermInvestments
Deferred royalty buy-down - long term 3,271,120us-gaap_DeferredCosts 3,350,000us-gaap_DeferredCosts
Deferred tax assets - long term 1,061,864us-gaap_DeferredTaxAssetsNetNoncurrent 1,412,784us-gaap_DeferredTaxAssetsNetNoncurrent
Patent costs, net 295,030us-gaap_IntangibleAssetsNetExcludingGoodwill 215,999us-gaap_IntangibleAssetsNetExcludingGoodwill
Total assets 31,026,824us-gaap_Assets 23,252,244us-gaap_Assets
Current liabilities:    
Accounts payable and accrued expenses 543,696us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent 634,277us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent
Deferred revenue - license fees 49,378us-gaap_DeferredRevenueCurrent 69,130us-gaap_DeferredRevenueCurrent
Accrued liabilities of discontinued operations 78,138us-gaap_DisposalGroupIncludingDiscontinuedOperationAccruedLiabilities 78,138us-gaap_DisposalGroupIncludingDiscontinuedOperationAccruedLiabilities
Total current liabilities 671,212us-gaap_LiabilitiesCurrent 781,545us-gaap_LiabilitiesCurrent
Deferred revenue - license fees 98,757us-gaap_DeferredRevenueNoncurrent 138,260us-gaap_DeferredRevenueNoncurrent
Stockholders' equity:    
Series A Preferred stock, $.50 par value, 700,000 shares authorized; none outstanding 0us-gaap_PreferredStockValue 0us-gaap_PreferredStockValue
Common stock, $.001 par value; 10,000,000 shares authorized; 7,062,209 and 6,655,168 shares issued and 6,730,622 and 6,354,429 outstanding at December 31, 2014 and 2013, respectively 7,062us-gaap_CommonStockValue 6,655us-gaap_CommonStockValue
Additional paid-in capital 25,059,458us-gaap_AdditionalPaidInCapital 20,951,796us-gaap_AdditionalPaidInCapital
Retained earnings 9,620,978us-gaap_RetainedEarningsAccumulatedDeficit 4,975,018us-gaap_RetainedEarningsAccumulatedDeficit
Treasury stock, 331,587 and 300,739 shares at cost as of December 31, 2014 and 2013 (4,430,643)us-gaap_TreasuryStockValue (3,601,030)us-gaap_TreasuryStockValue
Total stockholders' equity 30,256,855us-gaap_StockholdersEquity 22,332,439us-gaap_StockholdersEquity
Total liabilities and stockholders' equity $ 31,026,824us-gaap_LiabilitiesAndStockholdersEquity $ 23,252,244us-gaap_LiabilitiesAndStockholdersEquity