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Animal Health License Agreements (Schedule of Revenue Recognition Associated with the License Agreement) (Details) (USD $)
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17 Months Ended | |
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Dec. 31, 2013
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Jul. 31, 2012
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| Animal Health License Agreements [Abstract] | ||
| License fees and milestone amounts received / achieved | $ 1,841,000 | |
| Third party obligations recorded, including WU | (353,284) | |
| Deferred revenue balance | 1,487,716 | |
| Revenue amortization | (105,191) | |
| Net deferred revenue balance | $ 1,382,525 | |
| Original amortization period | 197 months |
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- Details
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- Definition
Net amount of license and milestone payments made and received. No definition available.
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- Definition
Carrying value as of the balance sheet date of obligations incurred through that date and payable for royalties. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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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
Amount of previously reported deferred or unearned revenue that was recognized as revenue during the period. Deferred revenue is a liability 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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