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Consolidated Statement of Cash Flows (USD $)
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income (loss) $ 9,917,273 $ 20,527,192 $ (21,830,682)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities -      
Depreciation and amortization 642,358 166,990 3,161,090
Amortization of beneficial conversion features 0 0 918,710
Amortization of warrants 0 0 673,852
Gain on sale of STRIANT 0 (2,533,127) 0
Change in value of redeemable warrants 0 2,721,205 7,961,939
Change in value of stock warrants (6,995,099) (556,662) 5,229,089
Recognition of deferred income 0 (17,113,404) (17,366,829)
Loss on extinguishment of debt 0 0 5,156,775
(Credit) provision for doubtful accounts 0 0 59,297
Provision for sales returns (625,452) 358,287 1,781,617
Write-down of inventories 970,419 58,612 41,311
Write-off of accounts receivable 0 7,616 0
Share based compensation 668,392 814,520 2,800,256
Non-cash interest expense on financing agreements 0 0 1,137,222
Write-down of impaired assets 889,869 0 0
Loss on disposal of fixed assets 7,547 3,780 0
Changes in assets and liabilities-(Increase) decrease in:      
Accounts receivable 1,272,757 (562,000) 62,529
Inventories 38,705 (1,396,167) (94,796)
Prepaid expenses and other current assets (616,352) (275,017) 599,578
Other assets 425,404 19,855 (995)
Increase (decrease) in:      
Accounts payable (2,021,494) (1,867,795) 1,731,875
Accrued expenses (217,572) (1,838,756) (1,870,466)
Deferred revenue (12,890) 125,000 125,000
Net cash provided by (used in) operating activities 4,343,865 (1,339,871) (9,723,628)
CASH FLOWS FROM INVESTING ACTIVITIES:      
Purchase of property and equipment (985,930) (1,307,103) (42,393)
Additions to short term investments (234,767) (15,101,980) 0
Proceeds from sale of assets 0 0 35,240,000
Proceeds from the sale of STRIANT 0 3,100,000 0
Net cash (used in) provided by investing activities (1,220,697) (13,309,083) 35,197,607
CASH FLOWS FROM FINANCING ACTIVITIES:      
Redemption of series C convertible preferred stock (50,000) 0 0
Net proceeds from issuance of common stock and warrants 0 0 11,643,897
Proceeds from financing agreements - Actavis Note 0 0 15,000,000
Payment of note payable 0 0 (25,999,999)
Proceeds from exercise of stock options 0 2,641,950 79,148
Proceeds from exercise of warrants 0 653,299 0
Repurchase of company stock 0 0 (3,059,997)
Payment pursuant to financing agreements 0 0 (16,155,903)
Payments for the purchase of treasury stock 0 (125,381) (62,280)
Dividends paid (29,334) (30,000) (30,000)
Net cash (used in) provided by financing activities (79,334) 3,139,868 (18,585,134)
EFFECT OF EXCHANGE RATE CHANGES ON CASH 46,070 (7,730) (15,481)
NET INCREASE/(DECREASE) IN CASH AND CASH EQUIVALENTS 3,089,904 (11,516,816) 6,873,364
CASH AND CASH EQUIVALENTS, Beginning of year 10,114,163 21,630,979 14,757,615
CASH AND CASH EQUIVALENTS, End of year 13,204,067 10,114,163 21,630,979
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION      
Interest paid 0 0 1,608,889
Taxes paid 0 220,042 77,199
NON-CASH INVESTING & FINANCING ACTIVITIES      
Reclassification of redeemable warrant liability to capital in excess of par value 0 16,193,037 0
Retirement of warrant liability 0 561,398 0
Forgiveness of Actavis Note 0 0 15,000,000
Net Issuance of Common Stock for Debt Retirement 0 0 7,738,883
Stock and Warrants Issued During Period, Value, Preferred Stock and Warrants $ 0 $ 0 $ 5,509,893