XML 17 R2.htm IDEA: XBRL DOCUMENT v2.4.1.9
CONDENSED BALANCE SHEETS (USD $)
Mar. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 22,345,253us-gaap_CashAndCashEquivalentsAtCarryingValue $ 22,128,977us-gaap_CashAndCashEquivalentsAtCarryingValue
Restricted cash 601,192us-gaap_RestrictedCashAndCashEquivalents 600,897us-gaap_RestrictedCashAndCashEquivalents
Accounts receivable, net 3,421,769us-gaap_AccountsReceivableNetCurrent 5,642,091us-gaap_AccountsReceivableNetCurrent
Inventories, net 5,640,753us-gaap_InventoryNet 4,663,548us-gaap_InventoryNet
Other current assets 888,447us-gaap_OtherAssetsCurrent 1,194,055us-gaap_OtherAssetsCurrent
Total current assets 32,897,414us-gaap_AssetsCurrent 34,229,568us-gaap_AssetsCurrent
Property, plant and equipment, net 10,992,513us-gaap_PropertyPlantAndEquipmentNet 10,852,853us-gaap_PropertyPlantAndEquipmentNet
Intangible and other assets, net 268,375rvp_IntangibleAssetsAndOtherAssetsNoncurrent 270,693rvp_IntangibleAssetsAndOtherAssetsNoncurrent
Total assets 44,158,302us-gaap_Assets 45,353,114us-gaap_Assets
Current liabilities:    
Accounts payable 4,954,010us-gaap_AccountsPayableCurrent 5,142,796us-gaap_AccountsPayableCurrent
Litigation proceeds subject to stipulation 7,724,826us-gaap_LitigationReserveCurrent 7,724,826us-gaap_LitigationReserveCurrent
Current portion of long-term debt 152,050us-gaap_LongTermDebtCurrent 149,744us-gaap_LongTermDebtCurrent
Accrued compensation 647,627us-gaap_EmployeeRelatedLiabilitiesCurrent 504,188us-gaap_EmployeeRelatedLiabilitiesCurrent
Dividends payable 170,817us-gaap_DividendsPayableCurrent  
Accrued royalties to shareholders 518,282us-gaap_AccruedRoyaltiesCurrent 787,434us-gaap_AccruedRoyaltiesCurrent
Other accrued liabilities 822,774us-gaap_OtherAccruedLiabilitiesCurrent 782,322us-gaap_OtherAccruedLiabilitiesCurrent
Income taxes payable 8,352us-gaap_AccruedIncomeTaxesCurrent 8,290us-gaap_AccruedIncomeTaxesCurrent
Total current liabilities 14,998,738us-gaap_LiabilitiesCurrent 15,099,600us-gaap_LiabilitiesCurrent
Long-term debt, net of current maturities 3,385,657us-gaap_LongTermDebtNoncurrent 3,425,028us-gaap_LongTermDebtNoncurrent
Total liabilities 18,384,395us-gaap_Liabilities 18,524,628us-gaap_Liabilities
Commitments and contingencies - See Note 6      
Preferred stock $1 par value:    
Common Stock, no par value      
Additional paid-in capital 59,163,535us-gaap_AdditionalPaidInCapitalPreferredStock 59,273,769us-gaap_AdditionalPaidInCapitalPreferredStock
Retained deficit (33,280,464)us-gaap_RetainedEarningsAccumulatedDeficit (32,336,119)us-gaap_RetainedEarningsAccumulatedDeficit
Common stock in treasury - at cost (1,096,609)us-gaap_TreasuryStockValue (1,096,609)us-gaap_TreasuryStockValue
Total stockholders' equity 25,773,907us-gaap_StockholdersEquity 26,828,486us-gaap_StockholdersEquity
Total liabilities and stockholders' equity 44,158,302us-gaap_LiabilitiesAndStockholdersEquity 45,353,114us-gaap_LiabilitiesAndStockholdersEquity
Series I, Class B    
Preferred stock $1 par value:    
Preferred stock 98,500us-gaap_PreferredStockValue
/ us-gaap_StatementClassOfStockAxis
= rvp_SeriesOneConvertibleClassBPreferredStockMember		 98,500us-gaap_PreferredStockValue
/ us-gaap_StatementClassOfStockAxis
= rvp_SeriesOneConvertibleClassBPreferredStockMember
Series II, Class B    
Preferred stock $1 par value:    
Preferred stock 176,200us-gaap_PreferredStockValue
/ us-gaap_StatementClassOfStockAxis
= rvp_SeriesTwoConvertibleClassBPreferredStockMember		 176,200us-gaap_PreferredStockValue
/ us-gaap_StatementClassOfStockAxis
= rvp_SeriesTwoConvertibleClassBPreferredStockMember
Series III, Class B    
Preferred stock $1 par value:    
Preferred stock 130,245us-gaap_PreferredStockValue
/ us-gaap_StatementClassOfStockAxis
= rvp_SeriesThreeConvertibleClassBPreferredStockMember		 130,245us-gaap_PreferredStockValue
/ us-gaap_StatementClassOfStockAxis
= rvp_SeriesThreeConvertibleClassBPreferredStockMember
Series IV, Class B    
Preferred stock $1 par value:    
Preferred stock 542,500us-gaap_PreferredStockValue
/ us-gaap_StatementClassOfStockAxis
= rvp_SeriesFourConvertibleClassBPreferredStockMember		 542,500us-gaap_PreferredStockValue
/ us-gaap_StatementClassOfStockAxis
= rvp_SeriesFourConvertibleClassBPreferredStockMember
Series V, Class B    
Preferred stock $1 par value:    
Preferred stock $ 40,000us-gaap_PreferredStockValue
/ us-gaap_StatementClassOfStockAxis
= rvp_SeriesFiveConvertibleClassBPreferredStockMember		 $ 40,000us-gaap_PreferredStockValue
/ us-gaap_StatementClassOfStockAxis
= rvp_SeriesFiveConvertibleClassBPreferredStockMember