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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Revenue:        
Product sales $ 2,218,536 $ 1,151,978 $ 3,623,662 $ 2,478,030
Development revenue 716,258 497,195 1,772,718 1,302,442
Licensing revenue 118,789 1,043,845 485,026 1,879,918
Royalties 489,290 357,969 1,231,014 754,683
Total revenue 3,542,873 3,050,987 7,112,420 6,415,073
Cost of revenue:        
Cost of product sales 1,001,610 592,365 1,713,407 1,248,825
Cost of development revenue 391,679 403,596 1,132,723 1,062,115
Total cost of revenue 1,393,289 995,961 2,846,130 2,310,940
Gross profit 2,149,584 2,055,026 4,266,290 4,104,133
Operating expenses:        
Research and development 1,946,331 2,242,788 3,695,667 4,328,613
Sales, marketing and business development 523,073 241,278 811,867 571,799
General and administrative 1,276,575 1,121,957 2,766,681 2,339,589
Total Operating Expenses 3,745,979 3,606,023 7,274,215 7,240,001
Operating loss (1,596,395) (1,550,997) (3,007,925) (3,135,868)
Other income (expense) 42,298 (1,257) 73,195 (25,329)
Net loss $ (1,554,097) $ (1,552,254) $ (2,934,730) $ (3,161,197)
Basic and diluted net loss per common share (in dollars per share) $ (0.02) $ (0.02) $ (0.03) $ (0.04)
Basic and diluted weighted average common shares outstanding (in shares) 95,157,098 82,912,179 90,464,458 82,592,824