Animal Health License Agreements (Schedule of Revenue Recognition Associated with the License Agreement) (Details) (USD $)
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6 Months Ended |
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Jun. 30, 2014
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Animal Health License Agreements [Abstract] | |
License fees and milestone amounts received / achieved | $ 1,920,000 |
Third party obligations recorded, including WU | (363,700) |
Deferred revenue balance | 1,556,300 |
Revenue recognized | (152,540) |
Deferred revenue balance | $ 1,403,760 |
Original amortization period | 197 months |
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- Details
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- Definition
Amount of revenue recognized from deferred revenue arrangements as of the balance sheet date. No definition available.
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- Definition
Amount of deferred revenue, net of deferred costs. No definition available.
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- Definition
Net amount of license and milestone payments made and received. No definition available.
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- Definition
The carrying amount of deferred costs. 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
Useful life of finite-lived intangible assets, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. No definition available.
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