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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
REVENUES:    
Net product sales $ 24,327,355 $ 17,422,311
License and royalty revenue 0 140,322
R&D, milestone and grant revenue 1,283,240 1,825,403
TOTAL REVENUES 25,610,595 19,388,036
Cost of product sales 14,820,604 9,997,733
GROSS MARGIN 10,789,991 9,390,303
OPERATING EXPENSES:    
Research and development expenses 4,486,302 4,878,119
Selling, general and administrative expenses 4,851,587 3,424,297
TOTAL OPERATING EXPENSES 9,337,889 8,302,416
INCOME FROM OPERATIONS 1,452,102 1,087,887
OTHER INCOME (EXPENSES):    
Interest income 7,911 6,298
Interest expense (9,495) (18,623)
TOTAL OTHER INCOME (EXPENSES) (1,584) (12,325)
INCOME BEFORE INCOME TAXES 1,450,518 1,075,562
Income tax provision (benefit) 509,237 (5,133,229)
NET INCOME $ 941,281 $ 6,208,791
Basic earnings per share (in dollars per share) $ 0.12 $ 0.79
Diluted earnings (loss) per share (in dollars per share) $ 0.11 $ 0.73
Weighted average number of shares outstanding, basic (in shares) 7,986,030 7,874,807
Weighted average number of shares outstanding, diluted (in shares) 8,614,944 8,556,284