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Consolidated Statements of Cash Flows (USD $)
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Operating Activities    
Net loss $ (4,340,411) $ (2,448,864)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation of equipment and improvements 991,045 895,264
Amortization of identifiable intangible assets 1,568,582 1,689,750
Amortization of deferred financing costs 77,781 110,458
Non-cash portion of loss on debt extinguishment 112,336 114,072
Provision for bad debts 20,774 1,941
Allowance for sales adjustments (37,023) 41,503
Provision for inventory obsolescence 1,089,608 279,861
Loss on disposal of equipment 32,863 6,658
Deferred rent expense 44,608 108,752
Compensation charge for employee stock options 1,299,675 617,737
Compensation charge for restricted stock 334,772 68,267
Interest charge for stock warrants   2,970
Deferred income taxes 83,108 155,889
Changes in operating assets and liabilities:    
Accounts receivable (813,622) (2,112,243)
Inventories (292,004) (1,122,105)
Prepaid expenses and other current assets (402,077) (144,937)
Other assets (641) 310,945
Accounts payable 237,095 368,548
Accrued expenses and other current liabilities 243,073 764,327
Net cash provided by (used in) operating activities 249,542 (291,207)
Investing Activities    
Purchase of equipment and improvements (978,949) (634,939)
Purchase of license rights (1,000,000) (2,250,000)
Purchase of investments (5,474,000)  
Net cash used in investing activities (7,452,949) (2,884,939)
Financing Activities    
Change in restricted cash   2,032,164
Net change in borrowings under line of credit (3,075,555) 769,249
Long-term debt repayments (5,851) (4,059,185)
Proceeds from issuance of common stock, net of costs 26,975,194 4,490,730
Net cash provided by financing activities 23,893,788 3,232,958
Effect of exchange rate changes on cash 15,754 103,880
Net increase in cash and cash equivalents 16,706,134 160,692
Cash and cash equivalents    
Beginning of year 404,216 243,524
End of year 17,110,350 404,216
Supplemental disclosures of cash flow information:    
Purchase of license rights   4,667,126
Issuance of common stock and warrants   (2,417,126)
Cash paid   2,250,000
Issuance of warrants and stock options for payment of offering costs 490,980 121,634
Cash paid during the year for:    
Interest 244,682 472,031
Taxes $ 319,278 $ 77,712