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Condensed Consolidated Balance Sheets (USD $)
Mar. 31, 2012
Dec. 31, 2011
Current Assets:    
Cash and cash equivalents of which $5,218,415 in 2012 and $5,215,349 in 2011 is interest bearing $ 7,551,395 $ 10,114,163
Short term investments 15,187,609 15,023,999
Accounts receivable, net of allowances for doubtful accounts of $100,000 in 2012 and 2011 (including amounts from related party: 2012 - $1,256,203; 2011 - $1,760,304) 2,827,235 4,695,410
Inventories 4,846,368 3,635,730
Prepaid expenses and other current assets 988,645 667,927
Total current assets 31,401,252 34,137,229
Property and equipment, net 2,389,478 1,481,071
Other assets 462,485 464,286
Total Assets 34,253,215 36,082,586
Liabilities and Shareholders' Equity [Abstract]    
Accounts payable (including amounts due to related party; 2012 - $76,019; 2011 - $503,763) 3,352,276 3,526,171
Accrued expenses 2,279,259 3,016,596
Deferred revenue 62,500 93,750
Total current liabilities 5,694,035 6,636,517
Deferred revenue 43,135 46,416
Common stock warrant liability 1,909,479 8,168,846
TOTAL LIABILITIES 7,646,649 14,851,779
Commitments and Contingencies      
Contingently redeemable series C preferred stock, 600 shares issued and outstanding (liquidation preference of $600,000) 600,000 600,000
Preferred stock, $.01 par value;1,000,000 shares authorized    
Series B convertible preferred stock, 130 shares issued and outstanding (liquidation preference of $13,000) 1 1
Series E convertible preferred stock, 22,740 shares issued and outstanding (liquidation preference of $2,274,000) 227 227
Common stock $.01 par value; 150,000,000 authorized; and 87,367,313 shares issued 873,673 873,673
Capital in excess of par value 278,372,073 278,060,138
Less cost of 36,448 treasury shares (125,381) (125,381)
Accumulated deficit (253,328,360) (258,282,753)
Accumulated other comprehensive income 214,333 104,902
Shareholders' equity 26,006,566 20,630,807
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 34,253,215 $ 36,082,586