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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Cash flows from operating activities:    
Net income (loss) $ 1,226,472 $ (2,030,687)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 824,409 400,281
Stock-based compensation expense 240,873 255,031
Provision for bad debts 8,036  
Gain on bargain purchase (314,244)  
Loss on revaluation of contingent consideration 24,629  
Loss on disposal of assets   5,597
Changes in assets and liabilities:    
Accounts receivable (1,362,078) (88,428)
Royalties receivable 126,252 233,998
Inventories (54,782) (16,406)
Prepaid expenses and other current assets (293,908) 1,694,651
Accounts payable 276,225 231,420
Accrued liabilities 960,971 791,461
Long-term liabilities 70,967 (32,838)
Net cash provided by operating activities 1,733,822 1,444,080
Cash flows from investing activities:    
Purchases of marketable securities (14,612,493) (26,234,591)
Redemptions of marketable securities 14,383,333 29,425,417
Purchases of property, plant and equipment (156,742) (206,684)
Net cash (used in) provided by investing activities (385,902) 2,984,142
Cash flows from financing activities:    
Exercise of stock options 113,540 69,214
Repurchase of common stock   (88,401)
Net cash provided by (used in) financing activities 113,540 (19,187)
Effect of exchange rate changes on cash and cash equivalents 163,694  
Net increase in cash and cash equivalents 1,625,154 4,409,035
Cash and cash equivalents, beginning of period 11,167,745 9,794,509
Cash and cash equivalents, end of period $ 12,792,899 $ 14,203,544