Animal Health License Agreements (Schedule of Revenue Recognition Associated with the License Agreement) (Details) - Jun. 30, 2015 - USD ($) |
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Animal Health License Agreements [Abstract] | |
License fees and milestone amounts paid / achieved | $ 1,920,000 |
Third party obligations recorded, including WU | (363,700) |
Deferred revenue balance | 1,556,300 |
Revenue recognized | (249,238) |
Deferred revenue balance | $ 1,307,062 |
Original amortization period | 197 months |
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- References No definition available.
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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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