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Condensed Consolidated Statement of Cash Flows (USD $)
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ 4,954,393 $ (1,186,887)
Adjustments to reconcile net income (loss) to net cash used in operating activities-    
Depreciation and amortization 4,826 46,162
Change in value of redeemable warrants 0 2,721,205
Change in value of stock warrants (6,259,367) 5,058,111
Recognition of deferred income 0 (8,428,582)
Provision for sales returns (100,000) 41,096
Writeoff of inventories 422,983 58,612
Share-based compensation 319,435 200,280
Loss on disposal of fixed assets 4,246 3,780
Changes in assets and liabilities-(Increase) decrease in:    
Accounts receivable 1,868,175 1,124,084
Inventories (1,633,621) (375,793)
Prepaid expenses and other current assets (320,718) (402,369)
Other assets 1,801 19,820
Increase (decrease) in:    
Accounts payable (173,895) (2,564,839)
Other accrued expenses (667,357) (588,551)
Deferred revenue (34,531) 0
Net cash used in operating activities (1,613,630) (4,273,871)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property and equipment (976,282) (4,705)
Net cash used in investing activities (976,282) (4,705)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from exercise of stock options 0 2,043,744
Proceeds from exercise of warrants 0 653,299
Dividends paid (7,500) (7,500)
Net cash (used in) provided by financing activities (7,500) 2,689,543
EFFECT OF EXCHANGE RATE CHANGES ON CASH 34,644 18,265
NET DECREASE IN CASH (2,562,768) (1,570,768)
CASH, BEGINNING OF PERIOD 10,114,163  
CASH, END OF PERIOD 7,551,395 20,060,211
SUPPLEMENTAL INFORMATION    
Taxes paid 5,176 31,728
NON-CASH FINANCING ACTIVITIES    
Reclassification of redeemable warrant liability to capital in excess of par value $ 0 $ 16,193,037