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Condensed Consolidated Balance Sheets (unaudited) (USD $)
Sep. 30, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 9,711,320 $ 5,624,860
Short-term investments 7,794,683 6,966,964
Accounts receivable 3,089,229 5,004,418
Income tax receivable 751,151 255,708
Deferred tax assets 110,010 94,992
Prepaid expenses and other current assets 382,745 326,519
Total current assets 21,839,138 18,273,461
Deferred royalty buy-down 3,247,554 3,350,000
Deferred tax assets - long term 1,375,525 1,412,784
Patent costs, net 307,907 215,999
Total assets 26,770,124 23,252,244
Current liabilities:    
Accounts payable and accrued expenses 517,228 634,277
Deferred revenue 62,546 69,130
Accrued liabilities of discontinued operations 78,138 78,138
Total current liabilities 657,912 781,545
Long-term deferred revenue 97,934 138,260
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 ; 6,830,167 and 6,655,168 shares issued at September 30, 2014 and December 31, 2013, respectively 6,830 6,655
Additional paid-in capital 22,657,340 20,951,796
Retained earnings 7,701,737 4,975,018
Treasury stock, 329,455 and 300,739 shares at cost at September 30, 2014 and December 31, 2013, respectively (4,351,629) (3,601,030)
Total stockholders' equity 26,014,278 22,332,439
Total liabilities and stockholders' equity $ 26,770,124 $ 23,252,244