Animal Health License Agreements (Narrative) (Details) (USD $)
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3 Months Ended | 9 Months Ended | |||
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Sep. 30, 2013
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Sep. 30, 2012
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Sep. 30, 2013
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Sep. 30, 2012
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Dec. 31, 2012
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Animal Health License Agreements [Abstract] | |||||
Annual royalty expense | $ 20,000 | ||||
Aggregate milestone payments, maximum | 1,100,000 | 1,100,000 | |||
Additional milestone payments, maximum | 2,000,000 | 2,000,000 | |||
Deferred revenue | 1,499,656 | 1,499,656 | |||
Deferred revenue | 92,868 | 92,868 | 79,803 | ||
Deferred revenue, noncurrent | 1,324,514 | 1,324,514 | 1,081,706 | ||
Other revenue - fee | $ 21,708 | $ 4,490 | $ 61,612 | $ 4,490 |
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- Definition
Additional milestone payments up to a certain amount as part of a license agreement. No definition available.
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- Details
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- Definition
Maximum aggregate milestone payments receivable as party of a license agreement with a third party. No definition available.
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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. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The carrying amount of consideration received or receivable as of the balance sheet date on potential earnings that were not recognized as revenue in conformity with GAAP, and which are expected to be recognized as such within one year or the normal operating cycle, if longer, including sales, license fees, and royalties, but excluding interest income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The noncurrent portion of deferred revenue amount as of balance sheet date. Deferred revenue is a liability related to a revenue producing activity for which revenue has not yet been recognized, and is not expected to be recognized in the next twelve months. 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. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Revenue earned during the period relating to consideration received from another party for the right to use, but not own, certain of the entity's intangible assets. Licensing arrangements include, but are not limited to, rights to use a patent, copyright, technology, manufacturing process, software or trademark. Licensing fees are generally, but not always, fixed as to amount and not dependent upon the revenue generated by the licensing party. An entity may receive licensing fees for licenses that also generate royalty payments to the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of expense related to royalty payments under a contractual arrangement such as payment for mineral and drilling rights and use of technology or intellectual property. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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