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Note 8 - Deferred Revenue (Details) (USD $) |  |  | 1 Months Ended
--- | --- | --- | ---
Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2004 JNJ Agreement [Member] Ortho Biotech Products, L.P. [Member] | Feb. 28, 2004 JNJ Agreement [Member] Ortho Biotech Products, L.P. [Member] | Dec. 31, 2003 JNJ Agreement [Member] Ortho Biotech Products, L.P. [Member] | Dec. 31, 2011 Mitek MONOVISC Agreement [Member] DePuy Mitek, Inc.[Member]
Note 8 - Deferred Revenue (Details) [Line Items] |  |  |  |  |  |
Licensing and supply agreement term |  |  |  |  | 10 years | 15 years
Proceeds from Initial Payment on Licensing and Supply Agreement |  |  |  |  | $ 2,000,000 | $ 2,500,000
Proceeds from Milestone Payments |  |  | 5,000,000 | 20,000,000 |  |
Deferred Revenue | $ 2,235,374 | $ 5,027,845 |  |  |  |

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- Details
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- Definition Proceeds from Initial Payment on Licensing and Supply Agreement + References No definition available. + Details
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- Definition Amount of deferred revenue as of balance sheet date. Deferred revenue represents collections of cash or other assets related to a revenue producing activity for which revenue has not yet been recognized. Generally, an entity records deferred revenue when it receives consideration from a customer before achieving certain criteria that must be met for revenue to be recognized in conformity with GAAP. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 13 -Section A Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 605 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB TOPIC 13.A.4(a).Q1 Response) -URI http://asc.fasb.org/extlink&oid=27012821&loc=d3e214044-122780 + Details
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