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Stockholders' Equity
9 Months Ended
Sep. 30, 2012
Stockholders' Equity Attributable To Parent [Abstract]  
Stockholders' Equity

7. Stockholders’ Equity

 

The Company has an active stock option plan that provides shares available for option grants to employees, directors and others. A total of 20,000,000 shares of the Company’s common stock have been reserved for award under the stock option plan, of which 20,000,000 were available for future issuance as of September 30, 2012. Options granted under the Company’s option plan generally vest over five years or as otherwise determined by the Board of Directors, have exercise prices equal to the fair market value of the common stock on the date of grant, and expire no later than ten years after the date of grant.

 

During the nine month period ended September 30, 2012 and the year ended December 31, 2011, the Company did not grant any stock option awards.