XML 23 R6.htm IDEA: XBRL DOCUMENT  v2.3.0.11
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
3 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Cash flows from operating activities:    
Net (loss) income $ (55,597) $ 988,053
Adjustments to reconcile net (loss) income to net cash used in operating activities:    
Depreciation and amortization 406,377 402,021
Stock-based compensation expense 282,017 262,882
Changes in assets and liabilities:    
Accounts receivable (1,262,210) (968,206)
Royalties receivable (259,855) (182,000)
Inventories (738,813) (17,537)
Prepaid expenses and other current assets (167,632) 180,391
Accounts payable (8,076) (270,539)
Accrued liabilities (899,170) (837,271)
Long-term liabilities (7,635) (19,149)
Net cash used in operating activities (2,710,594) (461,355)
Cash flows from investing activities:    
Purchases of marketable securities (24,268,361) (17,934,494)
Redemptions of marketable securities 20,410,000 14,250,000
Purchases of property, plant and equipment (168,002) (63,955)
Net cash used in investing activities (4,026,363) (3,748,449)
Cash flows from financing activities:    
Exercise of stock options   16,752
Net cash provided by financing activities   16,752
Net decrease in cash and cash equivalents (6,736,957) (4,193,052)
Cash and cash equivalents, beginning of period 14,203,544 12,526,040
Cash and cash equivalents, end of period $ 7,466,587 $ 8,332,988