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Consolidated Balance Sheets (USD $)
Sep. 30, 2011
Dec. 31, 2010
Current assets:  
Cash and cash equivalents$ 3,795,763$ 2,470,852
Short-term investments5,000,0005,360,970
Accounts receivable, net1,699,8891,986,125
Income tax receivable379,036185,386
Deferred tax assets1,289,0650
Prepaid expenses and other current assets122,08291,925
Total current assets12,285,83510,095,258
Deferred royalty buy-down1,250,0001,250,000
Deferred tax assets -long term1,762,1320
Patent costs, net164,027173,443
Total assets15,461,99411,518,701
Current liabilities:  
Accounts payable and accrued expenses732,930893,083
Accrued third-party development expenses02,649,369
Deferred revenue437,100483,769
Accrued liabilities of discontinued operations78,13878,138
Total current liabilities1,248,1684,104,359
Long-term deferred revenue385,795713,619
Stockholders' equity:  
Series A Preferred stock, $.50 par value, 700,000 shares authorized; none outstanding00
Common stock, $.001 par value; 10,000,000 shares authorized; 6,530,743 and 6,445,743 shares issued at September 30, 2011 and December 31, 2010, respectively6,5316,446
Additional paid-in capital18,697,13617,739,765
Accumulated deficit(3,363,231)(9,893,530)
Treasury stock, 169,633 and 151,875 shares at cost at September 30, 2011 and December 31, 2010, respectively(1,512,405)(1,151,958)
Total stockholders' equity13,828,0316,700,723
Total liabilities and stockholders' equity$ 15,461,994$ 11,518,701