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Consolidated Balance Sheets (unaudited) (USD $)
Mar. 31, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 8,934,794 $ 5,624,860
Short-term investments 7,973,002 6,966,964
Accounts receivable, net 1,921,810 5,004,418
Income tax receivable 293,976 255,708
Deferred tax assets 97,537 94,992
Prepaid expenses and other current assets 327,947 326,519
Total current assets 19,549,066 18,273,461
Deferred royalty buy-down 3,350,000 3,350,000
Deferred tax assets - long term 1,405,219 1,412,784
Patent costs, net 322,607 215,999
Total assets 24,626,892 23,252,244
Current liabilities:    
Accounts payable and accrued expenses 877,084 634,277
Deferred revenue 69,130 69,130
Accrued liabilities of discontinued operations 78,138 78,138
Total current liabilities 1,024,352 781,545
Long-term deferred revenue 120,978 138,260
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 ; 6,706,167 and 6,655,168 shares issued at March 31, 2014 and December 31, 2013, respectively 6,706 6,655
Additional paid-in capital 21,427,849 20,951,796
Retained earnings 5,729,008 4,975,018
Treasury stock, 303,964 and 300,739 shares at cost at March 31, 2014 and December 31, 2013, respectively (3,682,001) (3,601,030)
Total stockholders' equity 23,481,562 22,332,439
Total liabilities and stockholders' equity $ 24,626,892 $ 23,252,244