Animal Health License Agreements (Narrative) (Details) - USD ($) |
3 Months Ended | ||
|---|---|---|---|
Mar. 31, 2016 |
Mar. 31, 2015 |
Dec. 31, 2015 |
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| Animal Health License Agreements [Abstract] | |||
| Annual royalty commitment | $ 20,000 | ||
| Prior written notice period for termination of license agreement by the licensee | 180 days | ||
| Aggregate milestone payments, maximum | $ 1,100,000 | ||
| Additional milestone payments, maximum | 2,000,000 | ||
| Original amount of deferred revenue | 1,556,300 | ||
| Deferred revenue | 96,698 | $ 96,698 | |
| Deferred revenue, noncurrent | 1,137,840 | $ 1,162,015 | |
| Recognition of license fee revenue | $ 24,175 | $ 24,175 | |
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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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- References No definition available.
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- Definition Amount of deferred revenue, net of deferred costs. No definition available.
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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 The prior written notice period for termination of license agreement by the licensee. No definition available.
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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 Minimum amount of other commitment maturing in the next fiscal year following the latest fiscal year for commitments not otherwise specified in the taxonomy. Excludes commitments explicitly modeled in this taxonomy, including but not limited to, long-term and short-term purchase commitments, recorded and unrecorded purchase obligations, supply commitments, registration payment arrangements, leases, debt, product warranties, guarantees, environmental remediation obligations, and pensions. No definition available.
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- Definition The amount of previously reported deferred or unearned revenue that was recognized as revenue during the period. For cash flows, this element primarily pertains to amortization of deferred credits on long-term arrangements. As a noncash item, it is deducted from net income when calculating cash provided by or used in operations using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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