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Consolidated Balance Sheet (USD $)
Dec. 31, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 5,624,860 $ 3,383,737
Short term investments 6,966,964 5,120,000
Accounts receivable, net 5,004,418 5,082,360
Income tax receivable 255,708 51,070
Deferred tax asset 94,992 88,910
Prepaid expenses and other current assets 326,519 149,724
Total current assets 18,273,461 13,875,801
Deferred royalty buy-down 3,350,000 2,750,000
Deferred tax assets - long term 1,412,784 1,484,141
Patent costs, net 215,999 280,322
Total assets 23,252,244 18,390,264
Current liabilities:    
Accounts payable and accrued expenses 634,277 512,866
Deferred revenue 69,130 133,524
Accrued liabilities of discontinued operations 78,138 78,138
Total current liabilities 781,545 724,528
Deferred revenue - license fees 138,260 207,390
Stockholders' equity:    
Series A Preferred stock, $.50 par value, 700,000 shares authorized; none outstanding 0 0
Common stock, $.001 par value; 10,000,000 shares authorized; 6,655,168 and 6,625,168 shares issued at December 31, 2013 and 2012, respectively 6,655 6,625
Additional paid-in capital 20,951,796 20,688,706
Retained earnings (accumulated deficit) 4,975,018 (310,829)
Treasury stock, 300,739 and 260,632 shares at cost as of December 31, 2013 and 2012 (3,601,030) (2,926,156)
Total stockholders' equity 22,332,439 17,458,346
Total liabilities and stockholders' equity $ 23,252,244 $ 18,390,264