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Shareholders' Equity
3 Months Ended
Mar. 31, 2012
Shareholders' Equity [Abstract]  
Shareholders' Equity

Note 6:  Shareholders’ Equity

 

Preferred Stock - Series B Convertible Preferred Stock (“the Preferred Stock – Series B”)

 

As of March 31, 2012, there were 5,659 shares of Preferred Stock – Series B issued and outstanding.

 

Common Stock

 

For the three months ended March 31, 2012, the Company received approximately $29 thousand for 24,000 stock options exercised.   For the three months ended March 31, 2011, the Company received approximately $22 thousand for 23,250 stock options exercised.  For the three months ended March 31, 2011, there were 380,511 warrants exercised on a cashless basis resulting in 310,897 shares of common stock issued.   In addition, the Company received proceeds of approximately $81 thousand from the exercise of warrants and issued 72,116 shares of common stock in the three months ended March 31, 2011.