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Research and Development Costs
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6 Months Ended |
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Jun. 30, 2012
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| Research and Development Costs [Text Block] |
Note 7. Research and Development Costs Research and Development Costs Research and development costs, included in the accompanying consolidated statement of operations amounted to approximately $0.5 million for each of the three month periods ended June 30, 2012 and 2011, and was $1.0 million and $1.1 million for the six months ended June 30, 2012 and 2011, respectively. Total cumulative research and development expenses amounted to approximately $12.7 million from January 8, 1992 (our date of inception) to June 30, 2012. We have consulting agreements with several consultants working on various projects for us, which total approximately $10,000 per month. |
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- Definition
The entire disclosure for research, development, and computer software activities, including contracts and arrangements to be performed for others and with federal government. Includes costs incurred (1) in a planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service, a new process or technique, or in bringing about a significant improvement to an existing product or process; or (2) to translate research findings or other knowledge into a plan or design for a new product or process or for a significant improvement to an existing product or process whether intended for sale or the entity's use, during the reporting period charged to research and development projects, including the costs of developing computer software up to the point in time of achieving technological feasibility and in-process research and development acquired in a business combination consummated during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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