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--12-31
Q1
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EMAGIN CORP
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<div> <!--StartFragment-->
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><a name="_d7b44250_d784_445c_a69c_b2338d4258cd"><b><font style="color:black;">Note 8: Commitments and Contingencies</font></b></a></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_d7b44250_d784_445c_a69c_b2338d4258cd;"><font style="font-size:8.0pt;"> </font></font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_d7b44250_d784_445c_a69c_b2338d4258cd;"><b><i><font style="color:black;">Royalty Payments</font></i></b></font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_d7b44250_d784_445c_a69c_b2338d4258cd;"><font style="font-size:8.0pt;"> </font></font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';background:white;"><font style="mso-bookmark:_d7b44250_d784_445c_a69c_b2338d4258cd;"><font style="color:black;background:white;">The Company signed a license
agreement on March 29, 1999 with Eastman Kodak (“Kodak’), under which it
is obligated to make royalty payments. Under this agreement, the Company
must pay to Kodak a minimum royalty plus a certain percentage of net sales
with respect to certain products, which percentages are defined in the
agreement. The percentages are on a sliding scale depending on the amount of
sales generated. Any minimum royalties paid will be credited against
the amounts due based on the percentage of sales. The royalty agreement
terminates upon the expiration of the issued patent which is the last to
expire. The Company was notified that Kodak sold substantially all
rights and obligations under the Company’s license agreement to Global OLED
Technology (“GOT”) as of December 30, 2009.</font></font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';background:white;"><font style="mso-bookmark:_d7b44250_d784_445c_a69c_b2338d4258cd;"><font style="color:black;background:white;"> </font></font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';background:white;"><font style="mso-bookmark:_d7b44250_d784_445c_a69c_b2338d4258cd;"><font style="color:black;background:white;">In late 2008, the Company began evaluating
the status of its manufacturing process and the use of the intellectual
property (“IP”) associated with its license agreement. After this
analysis and after making a few changes to its manufacturing process, by the
end of 2008 the Company had stopped using the IP covered under the license
agreement. The last royalty payment under the license agreement was made
in November 2009. The Company determined that it is no longer
required to pay the minimum royalty payment and as such has not paid or accrued
this amount. </font></font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';background:white;"><font style="mso-bookmark:_d7b44250_d784_445c_a69c_b2338d4258cd;"><font style="color:black;background:white;"> </font></font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';background:white;"><font style="mso-bookmark:_d7b44250_d784_445c_a69c_b2338d4258cd;"><font style="color:black;background:white;">In April 2011, the Company received a
request for royalty payments from a representative of GOT. The Company
responded stating that the licenses were no longer in force and that the
request for royalties was untimely. Although GOT does not agree,
both parties have expressed an interest in resolving the disagreement
amicably. Communications to date have been preliminary regarding its
resolution. The Company estimates that the range of loss contingency
is between $0 and $250 thousand.</font></font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_d7b44250_d784_445c_a69c_b2338d4258cd;"><font style="color:black;"> </font></font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_d7b44250_d784_445c_a69c_b2338d4258cd;"><b><i><font style="color:black;">Operating Leases</font></i></b></font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_d7b44250_d784_445c_a69c_b2338d4258cd;"><font style="font-size:8.0pt;"> </font></font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_d7b44250_d784_445c_a69c_b2338d4258cd;"><font style="color:black;">The Company leases office facilities and office,
lab and factory equipment under operating leases. Certain leases provide
for payments of monthly operating expenses. The Company currently has lease
commitments for space in Hopewell Junction, New York, Bellevue, Washington, and
Santa Clara, California. </font></font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_d7b44250_d784_445c_a69c_b2338d4258cd;"><font style="font-size:8.0pt;"> </font></font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';background:white;"><font style="mso-bookmark:_d7b44250_d784_445c_a69c_b2338d4258cd;"><font style="color:black;">The Company’s manufacturing facilities are leased from IBM
in Hopewell Junction, New York. eMagin leases approximately 37,000
square feet to house its equipment for OLED microdisplay fabrication and for
research and development, an assembly area and administrative offices. The
lease expires May 31, 2014 with the option of extending the lease for five
years. The corporate headquarters are located in Bellevue,
Washington where eMagin leases approximately 6,300 square
feet. The lease expires on August 31, 2014. </font></font><font style="mso-bookmark:_d7b44250_d784_445c_a69c_b2338d4258cd;"><font style="font-size:8.5pt;color:black;background:white;"> </font><font style="color:black;background:white;">In addition, the Company leases
approximately 2,400 square feet of office space for design and product
development in Santa Clara, California and the lease expires on October 31,
2012.</font></font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_d7b44250_d784_445c_a69c_b2338d4258cd;"> </font></p>
<font style="font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';color:black;mso-ansi-language:EN-US;mso-fareast-language:EN-US;mso-bidi-language:AR-SA;"><br style="clear: both;mso-special-character:line-break;page-break-before:always;" />
</font>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:widow-orphan;mso-layout-grid-align:auto;text-autospace:ideograph-numeric ideograph-other;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_d7b44250_d784_445c_a69c_b2338d4258cd;"><font style="color:black;"> </font></font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_d7b44250_d784_445c_a69c_b2338d4258cd;"><font style="color:black;">For the three months ended March 31, 2012 and 2011, rent
expense was approximately $302 thousand and $289 thousand, respectively.</font></font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_d7b44250_d784_445c_a69c_b2338d4258cd;"><font style="color:black;"> </font></font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_d7b44250_d784_445c_a69c_b2338d4258cd;"><b><i><font style="color:black;">Equipment Purchase Commitments</font></i></b></font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_d7b44250_d784_445c_a69c_b2338d4258cd;"><b><i><font style="color:black;"> </font></i></b></font></p>
<font style="mso-bookmark:_d7b44250_d784_445c_a69c_b2338d4258cd;"><font style="font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';color:black;background:white;mso-ansi-language:EN-US;mso-fareast-language:EN-US;mso-bidi-language:AR-SA;">The Company has committed
to equipment purchases of $1.7 million at March 31, 2012.</font></font><!--EndFragment--> </div>
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<div> <!--StartFragment-->
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';mso-outline-level:1;"><a name="_cd851c28_b5bb_4fca_8c78_076fa149cc98"><b><font style="color:black;">Note
9: Concentrations<font style="mso-spacerun:yes;">  </font></font></b></a></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="color:black;"> </font></font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="color:black;">For the three months ended March 31, 2012, approximately
52% of the company’s net revenues were derived from customers in the United
States and approximately 48% of the Company’s net revenues were derived from
international customers. </font></font><font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="font-size:8.0pt;"> </font><font style="color:black;">For the three months ended March 31, 2011, approximately
74% of the company’s net revenues were derived from customers in the United
States and approximately 26% of the Company’s net revenues were derived from
international customers. </font></font><font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="font-size:8.0pt;"> </font></font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="font-size:8.0pt;"> </font></font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';mso-outline-level:1;"><font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="color:black;">The following is a schedule of revenue by geographic
location (in thousands):</font></font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="font-size:8.0pt;"> </font></font></p>
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<td width="534" valign="bottom" style="width:400.5pt;padding:0in 0in 0in 0in;"><font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><a name="_3d5886be_3127_4de7_8038_41f9521019e0"></a></font>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"><font style="font-size:1.0pt;mso-bidi-font-size:10.0pt;color:black;"> </font></font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.3pt;padding:0in 0in 0in 0in;"><font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"></font></font>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"><font style="font-size:1.0pt;mso-bidi-font-size:10.0pt;color:black;"> </font></font></font></p>
</td>
<td width="14" valign="bottom" style="width:10.5pt;padding:0in 0in 0in 0in;"><font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"></font></font>
<p align="center" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:center;"><font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"><b><font style="font-size:1.0pt;mso-bidi-font-size:10.0pt;color:black;"> </font></b></font></font></p>
</td>
<td width="64" valign="bottom" style="width:47.65pt;padding:0in 0in 0in 0in;"><font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"></font></font>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"><font style="font-size:1.0pt;mso-bidi-font-size:10.0pt;color:black;"> </font></font></font></p>
</td>
<td width="8" valign="bottom" style="width:6.2pt;padding:0in 0in 0in 0in;"><font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"></font></font>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"><font style="font-size:1.0pt;mso-bidi-font-size:10.0pt;color:black;"> </font></font></font></p>
</td>
<td width="8" valign="bottom" style="width:6.2pt;padding:0in 0in 0in 0in;"><font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"></font></font>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"><font style="font-size:1.0pt;mso-bidi-font-size:10.0pt;color:black;"> </font></font></font></p>
</td>
<td width="14" valign="bottom" style="width:10.5pt;padding:0in 0in 0in 0in;"><font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"></font></font>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"><font style="font-size:1.0pt;mso-bidi-font-size:10.0pt;color:black;"> </font></font></font></p>
</td>
<td width="64" valign="bottom" style="width:47.7pt;padding:0in 0in 0in 0in;"><font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"></font></font>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"><font style="font-size:1.0pt;mso-bidi-font-size:10.0pt;color:black;"> </font></font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.3pt;padding:0in 0in 0in 0in;"><font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"></font></font>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"><font style="font-size:1.0pt;mso-bidi-font-size:10.0pt;color:black;"> </font></font></font></p>
</td>
</tr>
<tr style="mso-yfti-irow:1;height:24.75pt;">
<td width="534" valign="bottom" style="width:400.5pt;padding:0in 0in 0in 0in; height:24.75pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"><font style="color:black;"> </font></font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.3pt;padding:0in 0in 0in 0in; height:24.75pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"><font style="color:black;"> </font></font></font></p>
</td>
<td width="172" colspan="6" valign="bottom" style="width:128.75pt;border:none; border-bottom:solid windowtext 1.0pt;mso-border-bottom-alt:solid windowtext .5pt; padding:0in 0in 0in 0in;height:24.75pt;">
<p align="center" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:center;"><font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"><b><font style="color:black;">Three Months Ended </font></b></font></font></p>
<p align="center" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:center;"><font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"><b><font style="color:black;">March 31,</font></b></font></font></p>
<p align="center" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:center;"><font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"><b><font style="color:black;">(unaudited)</font></b></font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.3pt;padding:0in 0in 0in 0in; height:24.75pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"><font style="color:black;"> </font></font></font></p>
</td>
</tr>
<tr style="mso-yfti-irow:2;height:12.4pt;">
<td width="534" valign="bottom" style="width:400.5pt;padding:0in 0in 0in 0in; height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"><font style="color:black;"> </font></font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.3pt;padding:0in 0in 0in 0in; height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"><font style="color:black;"> </font></font></font></p>
</td>
<td width="78" colspan="2" valign="bottom" style="width:58.15pt;border:none; border-bottom:solid black 1.0pt; mso-border-top-alt:solid windowtext .5pt;mso-border-bottom-alt:solid black .75pt; padding:0in 0in 0in 0in;height:12.4pt;">
<p align="center" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:center;"><font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"><b><font style="color:black;">2012</font></b></font></font></p>
</td>
<td width="8" valign="bottom" style="width:6.2pt;border:none;border-top:solid windowtext 1.0pt; mso-border-top-alt:solid windowtext .5pt;padding:0in 0in 0in 0in;height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"><font style="color:black;"> </font></font></font></p>
</td>
<td width="8" valign="bottom" style="width:6.2pt;border:none;border-top:solid windowtext 1.0pt; mso-border-top-alt:solid windowtext .5pt;padding:0in 0in 0in 0in;height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"><font style="color:black;"> </font></font></font></p>
</td>
<td width="78" colspan="2" valign="bottom" style="width:58.2pt;border-top:solid windowtext 1.0pt; border-left:none;border-bottom:solid black 1.0pt;border-right:none; mso-border-top-alt:solid windowtext .5pt;mso-border-bottom-alt:solid black .75pt; padding:0in 0in 0in 0in;height:12.4pt;">
<p align="center" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:center;"><font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"><b><font style="color:black;">2011</font></b></font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.3pt;padding:0in 0in 0in 0in; height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"><font style="color:black;"> </font></font></font></p>
</td>
</tr>
<tr style="mso-yfti-irow:3;height:12.4pt;">
<td width="534" valign="bottom" style="width:400.5pt;background:white;padding: 0in 0in 0in 0in;height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"><font style="color:black;">North America</font></font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.3pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;"><font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"></font></font>
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"><font style="color:black;"> </font></font></font></p>
</td>
<td width="14" valign="bottom" style="width:10.5pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"><font style="color:black;">$</font></font></font></p>
</td>
<td width="64" valign="bottom" style="width:47.65pt;background:white;padding: 0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"><font style="color:black;">3,375</font></font></font></p>
</td>
<td width="8" valign="bottom" style="width:6.2pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;"><font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"></font></font>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"><font style="color:black;"> </font></font></font></p>
</td>
<td width="8" valign="bottom" style="width:6.2pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;"><font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"></font></font>
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"><font style="color:black;"> </font></font></font></p>
</td>
<td width="14" valign="bottom" style="width:10.5pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"><font style="color:black;">$</font></font></font></p>
</td>
<td width="64" valign="bottom" style="width:47.7pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"><font style="color:black;">4,095</font></font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.3pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;"><font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"></font></font>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"><font style="color:black;"> </font></font></font></p>
</td>
</tr>
<tr style="mso-yfti-irow:4;height:12.4pt;">
<td width="534" valign="bottom" style="width:400.5pt;background:white;padding: 0in 0in 0in 0in;height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"><font style="color:black;">Europe, Middle East and Africa</font></font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.3pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;"><font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"></font></font>
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"><font style="color:black;"> </font></font></font></p>
</td>
<td width="14" valign="bottom" style="width:10.5pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;"><font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"></font></font>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"><font style="color:black;"> </font></font></font></p>
</td>
<td width="64" valign="bottom" style="width:47.65pt;background:white;padding: 0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"><font style="color:black;">2,042</font></font></font></p>
</td>
<td width="8" valign="bottom" style="width:6.2pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;"><font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"></font></font>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"><font style="color:black;"> </font></font></font></p>
</td>
<td width="8" valign="bottom" style="width:6.2pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;"><font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"></font></font>
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"><font style="color:black;"> </font></font></font></p>
</td>
<td width="14" valign="bottom" style="width:10.5pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;"><font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"></font></font>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"><font style="color:black;"> </font></font></font></p>
</td>
<td width="64" valign="bottom" style="width:47.7pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"><font style="color:black;">814</font></font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.3pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;"><font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"></font></font>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"><font style="color:black;"> </font></font></font></p>
</td>
</tr>
<tr style="mso-yfti-irow:5;height:7.65pt;">
<td width="534" valign="bottom" style="width:400.5pt;padding:0in 0in 0in 0in; height:7.65pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;">Asia</font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.3pt;padding:0in 0in 0in 0in; height:7.65pt;"><font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"></font></font>
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"><font style="color:black;"> </font></font></font></p>
</td>
<td width="14" valign="bottom" style="width:10.5pt;border:none;border-bottom: solid black 1.0pt;mso-border-bottom-alt:solid black .75pt;padding:0in 0in 0in 0in; height:7.65pt;"><font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"></font></font>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"><font style="color:black;"> </font></font></font></p>
</td>
<td width="64" valign="bottom" style="width:47.65pt;border:none;border-bottom: solid black 1.0pt;mso-border-bottom-alt:solid black .75pt;padding:0in 0in 0in 0in; height:7.65pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"><font style="color:black;">720</font></font></font></p>
</td>
<td width="8" valign="bottom" style="width:6.2pt;padding:0in 0in 0in 0in; height:7.65pt;"><font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"></font></font>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"><font style="color:black;"> </font></font></font></p>
</td>
<td width="8" valign="bottom" style="width:6.2pt;padding:0in 0in 0in 0in; height:7.65pt;"><font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"></font></font>
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"><font style="color:black;"> </font></font></font></p>
</td>
<td width="14" valign="bottom" style="width:10.5pt;border:none;border-bottom: solid black 1.0pt;mso-border-bottom-alt:solid black .75pt;padding:0in 0in 0in 0in; height:7.65pt;"><font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"></font></font>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"><font style="color:black;"> </font></font></font></p>
</td>
<td width="64" valign="bottom" style="width:47.7pt;border:none;border-bottom: solid black 1.0pt;mso-border-bottom-alt:solid black .75pt;padding:0in 0in 0in 0in; height:7.65pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"><font style="color:black;">532</font></font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.3pt;padding:0in 0in 0in 0in; height:7.65pt;"><font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"></font></font>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"><font style="color:black;"> </font></font></font></p>
</td>
</tr>
<tr style="mso-yfti-irow:6;mso-yfti-lastrow:yes;height:12.4pt;">
<td width="534" valign="bottom" style="width:400.5pt;background:white;padding: 0in 0in 0in 0in;height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:3.3pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"><font style="color:black;">Total </font></font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.3pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:3.3pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"><font style="color:black;"> </font></font></font></p>
</td>
<td width="14" valign="bottom" style="width:10.5pt;border:none;border-bottom: double black 2.25pt;background:white;padding:0in 0in 0in 0in;height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"><font style="color:black;">$</font></font></font></p>
</td>
<td width="64" valign="bottom" style="width:47.65pt;border:none;border-bottom: double black 2.25pt;background:white;padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"><font style="color:black;">6,137</font></font></font></p>
</td>
<td width="8" valign="bottom" style="width:6.2pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;"><font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"></font></font>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:3.3pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"><font style="color:black;"> </font></font></font></p>
</td>
<td width="8" valign="bottom" style="width:6.2pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;"><font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"></font></font>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:3.3pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"><font style="color:black;"> </font></font></font></p>
</td>
<td width="14" valign="bottom" style="width:10.5pt;border:none;border-bottom: double black 2.25pt;background:white;padding:0in 0in 0in 0in;height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"><font style="color:black;">$</font></font></font></p>
</td>
<td width="64" valign="bottom" style="width:47.7pt;border:none;border-bottom: double black 2.25pt;background:white;padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"><font style="color:black;">5,441</font></font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.3pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:3.3pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"><font style="color:black;"> </font></font></font></p>
</td>
</tr>
</table>
<font style="mso-bookmark:_3d5886be_3127_4de7_8038_41f9521019e0;"></font>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="color:black;"> </font></font></p>
<font style="mso-bookmark:_cd851c28_b5bb_4fca_8c78_076fa149cc98;"><font style="font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';color:black;mso-ansi-language:EN-US;mso-fareast-language:EN-US;mso-bidi-language:AR-SA;">The Company purchases principally all of its
silicon wafers from a single supplier located in Taiwan.</font></font><!--EndFragment--> </div>
586000
154000
1131000
307000
5659000
5659000
2609000
3302000
3195000
3456000
<div> <!--StartFragment-->
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><a name="_b407bc86_4881_44d3_9e54_930b3a8398e2"><b><font style="color:black;">Note 4: Line of credit</font></b></a></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_b407bc86_4881_44d3_9e54_930b3a8398e2;"><font style="font-size:8.0pt;"> </font></font></p>
<font style="mso-bookmark:_b407bc86_4881_44d3_9e54_930b3a8398e2;"><font style="font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';color:black;background:white;mso-ansi-language:EN-US;mso-fareast-language:EN-US;mso-bidi-language:AR-SA;">At March 31, 2012, the
Company had available a credit facility with Access Business Finance, LLC
(“Access”) under which the Company may borrow up to a maximum of $3 million
based on a borrowing base equivalent of 75% of eligible accounts
receivable. The terms of the line of credit are: the
minimum monthly interest payment is $1,000; the interest rate is Prime plus 5%
but not less than 8.25%; and the early termination fee is
$6,000. The renewal date is September 1, 2012. </font><font style="font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';color:black;mso-ansi-language:EN-US;mso-fareast-language:EN-US;mso-bidi-language:AR-SA;">The Company’s obligations under the agreement
are secured by its assets. As of March 31, 2012, the
Company had not borrowed on its line of credit.</font></font><!--EndFragment--> </div>
-150000
8165000
8165000
34000
57000
<div> <!--StartFragment-->
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><a name="_837d98a3_aec0_4f29_a138_47a530509c4a"><font style="font-size:8.0pt;color:black;"> </font><b><font style="color:black;">Note
5: Stock-based Compensation</font></b></a></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="font-size:8.0pt;"> </font></font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">The Company uses the fair value method of accounting for
share-based compensation arrangements. The fair value of stock options is
estimated at the date of grant using the Black-Scholes option valuation
model. Stock-based compensation expense is reduced for estimated
forfeitures and is amortized over the vesting period using the straight-line
method of attribution.</font></font></p>
<font style="font-size:8.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';mso-ansi-language:EN-US;mso-fareast-language:EN-US;mso-bidi-language:AR-SA;"><br style="clear: both;mso-special-character:line-break;page-break-before:always;" />
</font>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:widow-orphan;mso-layout-grid-align:auto;text-autospace:ideograph-numeric ideograph-other;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="font-size:8.0pt;"> </font></font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="font-size:8.0pt;"> </font></font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">The following table summarizes the allocation of non-cash
stock-based compensation to our expense categories for the three month periods
ended March 31, 2012 and 2011 (in thousands):</font></font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="font-size:8.0pt;"> </font></font></p>
<table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse;mso-table-layout-alt:fixed;mso-padding-alt: 0in 0in 0in 0in;">
<tr style="mso-yfti-irow:0;mso-yfti-firstrow:yes;height:24.75pt;">
<td width="534" valign="bottom" style="width:400.5pt;padding:0in 0in 0in 0in; height:24.75pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.3pt;padding:0in 0in 0in 0in; height:24.75pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="172" colspan="6" valign="bottom" style="width:128.75pt;border:none; border-bottom:solid black 1.0pt;mso-border-bottom-alt:solid black .75pt; padding:0in 0in 0in 0in;height:24.75pt;">
<p align="center" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:center;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><b><font style="color:black;">Three Months Ended </font></b></font></p>
<p align="center" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:center;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><b><font style="color:black;">March 31,</font></b></font></p>
<p align="center" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:center;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><b><font style="color:black;">(unaudited)</font></b></font></p>
</td>
<td width="7" valign="bottom" style="width:5.3pt;padding:0in 0in 0in 0in; height:24.75pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
</tr>
<tr style="mso-yfti-irow:1;height:12.4pt;">
<td width="534" valign="bottom" style="width:400.5pt;padding:0in 0in 0in 0in; height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.3pt;padding:0in 0in 0in 0in; height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="78" colspan="2" valign="bottom" style="width:58.15pt;border:none; border-bottom:solid black 1.0pt;mso-border-bottom-alt:solid black .75pt; padding:0in 0in 0in 0in;height:12.4pt;">
<p align="center" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:center;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><b><font style="color:black;">2012</font></b></font></p>
</td>
<td width="8" valign="bottom" style="width:6.2pt;padding:0in 0in 0in 0in; height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="8" valign="bottom" style="width:6.2pt;padding:0in 0in 0in 0in; height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="78" colspan="2" valign="bottom" style="width:58.2pt;border:none; border-bottom:solid black 1.0pt;mso-border-bottom-alt:solid black .75pt; padding:0in 0in 0in 0in;height:12.4pt;">
<p align="center" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:center;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><b><font style="color:black;">2011</font></b></font></p>
</td>
<td width="7" valign="bottom" style="width:5.3pt;padding:0in 0in 0in 0in; height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
</tr>
<tr style="mso-yfti-irow:2;height:12.4pt;">
<td width="534" valign="bottom" style="width:400.5pt;background:#CCEEFF; padding:0in 0in 0in 0in;height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">Cost of goods sold</font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.3pt;background:#CCEEFF;padding:0in 0in 0in 0in; height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="14" valign="bottom" style="width:10.5pt;background:#CCEEFF;padding: 0in 0in 0in 0in;height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">$</font></font></p>
</td>
<td width="64" valign="bottom" style="width:47.65pt;background:#CCEEFF; padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">64</font></font></p>
</td>
<td width="8" valign="bottom" style="width:6.2pt;background:#CCEEFF;padding:0in 0in 0in 0in; height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="8" valign="bottom" style="width:6.2pt;background:#CCEEFF;padding:0in 0in 0in 0in; height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="14" valign="bottom" style="width:10.5pt;background:#CCEEFF;padding: 0in 0in 0in 0in;height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">$</font></font></p>
</td>
<td width="64" valign="bottom" style="width:47.7pt;background:#CCEEFF;padding: 0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">25</font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.3pt;background:#CCEEFF;padding:0in 0in 0in 0in; height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
</tr>
<tr style="mso-yfti-irow:3;height:12.4pt;">
<td width="534" valign="bottom" style="width:400.5pt;background:white;padding: 0in 0in 0in 0in;height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">Research and development</font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.3pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="14" valign="bottom" style="width:10.5pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="64" valign="bottom" style="width:47.65pt;background:white;padding: 0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">141</font></font></p>
</td>
<td width="8" valign="bottom" style="width:6.2pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="8" valign="bottom" style="width:6.2pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="14" valign="bottom" style="width:10.5pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="64" valign="bottom" style="width:47.7pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">19</font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.3pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
</tr>
<tr style="mso-yfti-irow:4;height:12.4pt;">
<td width="534" valign="bottom" style="width:400.5pt;background:#CCEEFF; padding:0in 0in 0in 0in;height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">Selling,
general and administrative</font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.3pt;background:#CCEEFF;padding:0in 0in 0in 0in; height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="14" valign="bottom" style="width:10.5pt;border:none;border-bottom: solid black 1.0pt;mso-border-bottom-alt:solid black .75pt;background:#CCEEFF; padding:0in 0in 0in 0in;height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="64" valign="bottom" style="width:47.65pt;border:none;border-bottom: solid black 1.0pt;mso-border-bottom-alt:solid black .75pt;background:#CCEEFF; padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">544</font></font></p>
</td>
<td width="8" valign="bottom" style="width:6.2pt;background:#CCEEFF;padding:0in 0in 0in 0in; height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="8" valign="bottom" style="width:6.2pt;background:#CCEEFF;padding:0in 0in 0in 0in; height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="14" valign="bottom" style="width:10.5pt;border:none;border-bottom: solid black 1.0pt;mso-border-bottom-alt:solid black .75pt;background:#CCEEFF; padding:0in 0in 0in 0in;height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="64" valign="bottom" style="width:47.7pt;border:none;border-bottom: solid black 1.0pt;mso-border-bottom-alt:solid black .75pt;background:#CCEEFF; padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">812</font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.3pt;background:#CCEEFF;padding:0in 0in 0in 0in; height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
</tr>
<tr style="mso-yfti-irow:5;mso-yfti-lastrow:yes;height:12.4pt;">
<td width="534" valign="bottom" style="width:400.5pt;background:white;padding: 0in 0in 0in 0in;height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:3.3pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">Total stock-based
compensation expense</font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.3pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:3.3pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="14" valign="bottom" style="width:10.5pt;border:none;border-bottom: double black 2.25pt;background:white;padding:0in 0in 0in 0in;height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">$</font></font></p>
</td>
<td width="64" valign="bottom" style="width:47.65pt;border:none;border-bottom: double black 2.25pt;background:white;padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">749</font></font></p>
</td>
<td width="8" valign="bottom" style="width:6.2pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:3.3pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="8" valign="bottom" style="width:6.2pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:3.3pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="14" valign="bottom" style="width:10.5pt;border:none;border-bottom: double black 2.25pt;background:white;padding:0in 0in 0in 0in;height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">$</font></font></p>
</td>
<td width="64" valign="bottom" style="width:47.7pt;border:none;border-bottom: double black 2.25pt;background:white;padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">856</font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.3pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:3.3pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
</tr>
</table>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">At March 31, 2012, total unrecognized compensation costs
related to stock options was approximately $4.0 million, net of estimated
forfeitures and is expected to be recognized over a weighted average period of
approximately 2.3 years. </font></font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">The key assumptions used in the Black-Scholes option
pricing model to determine the fair value of stock options granted and the
weighted average grant date fair value per share are as follows:</font></font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
<table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse;mso-table-layout-alt:fixed;mso-padding-alt: 0in 0in 0in 0in;">
<tr style="mso-yfti-irow:0;mso-yfti-firstrow:yes;height:24.75pt;">
<td width="474" valign="bottom" style="width:355.5pt;padding:0in 0in 0in 0in; height:24.75pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="18" valign="bottom" style="width:13.5pt;padding:0in 0in 0in 0in; height:24.75pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="210" colspan="6" valign="bottom" style="width:157.5pt;border:none; border-bottom:solid black 1.0pt;mso-border-bottom-alt:solid black .75pt; padding:0in 0in 0in 0in;height:24.75pt;">
<p align="center" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:center;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><b><font style="color:black;">Three Months Ended </font></b></font></p>
<p align="center" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:center;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><b><font style="color:black;">March 31,</font></b></font></p>
<p align="center" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:center;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><b><font style="color:black;">(unaudited)</font></b></font></p>
</td>
<td width="18" valign="bottom" style="width:13.35pt;padding:0in 0in 0in 0in; height:24.75pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
</tr>
<tr style="mso-yfti-irow:1;height:12.4pt;">
<td width="474" valign="bottom" style="width:355.5pt;padding:0in 0in 0in 0in; height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="18" valign="bottom" style="width:13.5pt;padding:0in 0in 0in 0in; height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="90" colspan="2" valign="bottom" style="width:67.5pt;border:none; border-bottom:solid black 1.0pt;mso-border-bottom-alt:solid black .75pt; padding:0in 0in 0in 0in;height:12.4pt;">
<p align="center" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:center;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><b><font style="color:black;">2012</font></b></font></p>
</td>
<td width="24" valign="bottom" style="width:.25in;padding:0in 0in 0in 0in; height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="18" valign="bottom" style="width:13.5pt;padding:0in 0in 0in 0in; height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="78" colspan="2" valign="bottom" style="width:58.5pt;border:none; border-bottom:solid black 1.0pt;mso-border-bottom-alt:solid black .75pt; padding:0in 0in 0in 0in;height:12.4pt;">
<p align="center" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:center;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><b><font style="color:black;">2011</font></b></font></p>
</td>
<td width="18" valign="bottom" style="width:13.35pt;padding:0in 0in 0in 0in; height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
</tr>
<tr style="mso-yfti-irow:2;height:12.4pt;">
<td width="474" valign="bottom" style="width:355.5pt;background:#CCEEFF; padding:0in 0in 0in 0in;height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">Dividend yield</font></font></p>
</td>
<td width="18" valign="bottom" style="width:13.5pt;background:#CCEEFF;padding: 0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="6" valign="bottom" style="width:4.5pt;background:#CCEEFF;padding:0in 0in 0in 0in; height:12.4pt;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"></font>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="84" valign="bottom" style="width:63.0pt;background:#CCEEFF;padding: 0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">0</font></font></p>
</td>
<td width="24" valign="bottom" style="width:.25in;background:#CCEEFF;padding: 0in 0in 0in 0in;height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"><font style="mso-spacerun:yes;"> </font>%</font></font></p>
</td>
<td width="18" valign="bottom" style="width:13.5pt;background:#CCEEFF;padding: 0in 0in 0in 0in;height:12.4pt;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"></font>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="6" valign="bottom" style="width:4.5pt;background:#CCEEFF;padding:0in 0in 0in 0in; height:12.4pt;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"></font>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="72" valign="bottom" style="width:.75in;background:#CCEEFF;padding: 0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">0</font></font></p>
</td>
<td width="18" valign="bottom" style="width:13.35pt;background:#CCEEFF; padding:0in 0in 0in 0in;height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"><font style="mso-spacerun:yes;"> </font>%</font></font></p>
</td>
</tr>
<tr style="mso-yfti-irow:3;height:12.4pt;">
<td width="474" valign="bottom" style="width:355.5pt;background:white;padding: 0in 0in 0in 0in;height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">Risk free interest rates</font></font></p>
</td>
<td width="18" valign="bottom" style="width:13.5pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="6" valign="bottom" style="width:4.5pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"></font>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="84" valign="bottom" style="width:63.0pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">0.51 to 0.87</font></font></p>
</td>
<td width="24" valign="bottom" style="width:.25in;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> %</font></font></p>
</td>
<td width="18" valign="bottom" style="width:13.5pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"></font>
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="6" valign="bottom" style="width:4.5pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"></font>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="72" valign="bottom" style="width:.75in;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">1.04 to 2.37</font></font></p>
</td>
<td width="18" valign="bottom" style="width:13.35pt;background:white;padding: 0in 0in 0in 0in;height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> %</font></font></p>
</td>
</tr>
<tr style="mso-yfti-irow:4;height:12.4pt;">
<td width="474" valign="bottom" style="width:355.5pt;background:#CCEEFF; padding:0in 0in 0in 0in;height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">Expected volatility</font></font></p>
</td>
<td width="18" valign="bottom" style="width:13.5pt;background:#CCEEFF;padding: 0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="6" valign="bottom" style="width:4.5pt;background:#CCEEFF;padding:0in 0in 0in 0in; height:12.4pt;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"></font>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="84" valign="bottom" style="width:63.0pt;background:#CCEEFF;padding: 0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">71.8 to 81.2</font></font></p>
</td>
<td width="24" valign="bottom" style="width:.25in;background:#CCEEFF;padding: 0in 0in 0in 0in;height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> %</font></font></p>
</td>
<td width="18" valign="bottom" style="width:13.5pt;background:#CCEEFF;padding: 0in 0in 0in 0in;height:12.4pt;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"></font>
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="6" valign="bottom" style="width:4.5pt;background:#CCEEFF;padding:0in 0in 0in 0in; height:12.4pt;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"></font>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="72" valign="bottom" style="width:.75in;background:#CCEEFF;padding: 0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">67.1 to 85.7</font></font></p>
</td>
<td width="18" valign="bottom" style="width:13.35pt;background:#CCEEFF; padding:0in 0in 0in 0in;height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> %</font></font></p>
</td>
</tr>
<tr style="mso-yfti-irow:5;height:12.4pt;">
<td width="474" valign="bottom" style="width:355.5pt;background:white;padding: 0in 0in 0in 0in;height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">Expected term (in years)</font></font></p>
</td>
<td width="18" valign="bottom" style="width:13.5pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:3.3pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="6" valign="bottom" style="width:4.5pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"></font>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="84" valign="bottom" style="width:63.0pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">3.5 to 5.5</font></font></p>
</td>
<td width="24" valign="bottom" style="width:.25in;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="18" valign="bottom" style="width:13.5pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"></font>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="6" valign="bottom" style="width:4.5pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"></font>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="72" valign="bottom" style="width:.75in;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">3.5 to 5.5</font></font></p>
</td>
<td width="18" valign="bottom" style="width:13.35pt;background:white;padding: 0in 0in 0in 0in;height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
</tr>
<tr style="mso-yfti-irow:6;mso-yfti-lastrow:yes;height:12.4pt;">
<td width="474" valign="bottom" style="width:355.5pt;background:white;padding: 0in 0in 0in 0in;height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">Weighted average grant date fair value per share</font></font></p>
</td>
<td width="18" valign="bottom" style="width:13.5pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"></font>
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:3.3pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="6" valign="bottom" style="width:4.5pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"></font>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="84" valign="bottom" style="width:63.0pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">$2.25</font></font></p>
</td>
<td width="24" valign="bottom" style="width:.25in;background:white;padding:0in 0in 0in 0in; height:12.4pt;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"></font>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="18" valign="bottom" style="width:13.5pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"></font>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="6" valign="bottom" style="width:4.5pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"></font>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="72" valign="bottom" style="width:.75in;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">$3.92</font></font></p>
</td>
<td width="18" valign="bottom" style="width:13.35pt;background:white;padding: 0in 0in 0in 0in;height:12.4pt;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"></font>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
</tr>
</table>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">The Company has not declared or paid any dividends and does
not expect to do so in the near future. The risk-free interest rate
used in the Black-Scholes option pricing model is based on the implied yield
currently available on U.S. Treasury securities with an equivalent
term. Expected volatility is based on the weighted average
historical volatility of the Company’s common stock for the most recent five
year period. The expected term of options represents the period that
our stock-based awards are expected to be outstanding and was determined based
on historical experience and vesting schedules of similar awards.</font></font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">A summary of the Company’s stock option activity for the
three months ended March 31, 2012 is presented in the following tables:</font></font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
<table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse;mso-table-layout-alt:fixed;mso-padding-alt: 0in 0in 0in 0in;">
<tr style="mso-yfti-irow:0;mso-yfti-firstrow:yes;height:61.9pt;">
<td width="310" valign="bottom" style="width:232.75pt;padding:0in 0in 0in 0in; height:61.9pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="6" valign="bottom" style="width:4.85pt;padding:0in 0in 0in 0in; height:61.9pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _837d98a3_aec0_4f29_a138_47a530509c4a;"><b><font style="color:black;"> </font></b></font></p>
</td>
<td width="91" colspan="2" valign="bottom" style="width:.95in;border:none; border-bottom:solid black 1.0pt;mso-border-bottom-alt:solid black .75pt; padding:0in 0in 0in 0in;height:61.9pt;">
<p align="center" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:center;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><b><font style="color:black;">Number of Shares</font></b></font></p>
</td>
<td width="6" valign="bottom" style="width:4.5pt;padding:0in 0in 0in 0in; height:61.9pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _837d98a3_aec0_4f29_a138_47a530509c4a;"><b><font style="color:black;"> </font></b></font></p>
</td>
<td width="3" valign="bottom" style="width:2.05pt;padding:0in 0in 0in 0in; height:61.9pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _837d98a3_aec0_4f29_a138_47a530509c4a;"><b><font style="color:black;"> </font></b></font></p>
</td>
<td width="87" colspan="2" valign="bottom" style="width:65.45pt;border:none; border-bottom:solid black 1.0pt;mso-border-bottom-alt:solid black .75pt; padding:0in 0in 0in 0in;height:61.9pt;">
<p align="center" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:center;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><b><font style="color:black;">Weighted Average Exercise Price</font></b></font></p>
</td>
<td width="2" valign="bottom" style="width:1.75pt;padding:0in 0in 0in 0in; height:61.9pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _837d98a3_aec0_4f29_a138_47a530509c4a;"><b><font style="color:black;"> </font></b></font></p>
</td>
<td width="6" valign="bottom" style="width:4.85pt;padding:0in 0in 0in 0in; height:61.9pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _837d98a3_aec0_4f29_a138_47a530509c4a;"><b><font style="color:black;"> </font></b></font></p>
</td>
<td width="95" colspan="2" valign="bottom" style="width:71.05pt;border:none; border-bottom:solid black 1.0pt;mso-border-bottom-alt:solid black .75pt; padding:0in 0in 0in 0in;height:61.9pt;">
<p align="center" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:center;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><b><font style="color:black;">Weighted Average Remaining Contractual Life (In Years)</font></b></font></p>
</td>
<td width="7" valign="bottom" style="width:5.15pt;padding:0in 0in 0in 0in; height:61.9pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _837d98a3_aec0_4f29_a138_47a530509c4a;"><b><font style="color:black;"> </font></b></font></p>
</td>
<td width="6" valign="bottom" style="width:4.85pt;padding:0in 0in 0in 0in; height:61.9pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _837d98a3_aec0_4f29_a138_47a530509c4a;"><b><font style="color:black;"> </font></b></font></p>
</td>
<td width="92" colspan="2" valign="bottom" style="width:68.95pt;border:none; border-bottom:solid black 1.0pt;mso-border-bottom-alt:solid black .75pt; padding:0in 0in 0in 0in;height:61.9pt;">
<p align="center" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:center;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><b><font style="color:black;">Aggregate Intrinsic Value</font></b></font></p>
</td>
<td width="7" valign="bottom" style="width:5.15pt;padding:0in 0in 0in 0in; height:61.9pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _837d98a3_aec0_4f29_a138_47a530509c4a;"><b><font style="color:black;"> </font></b></font></p>
</td>
</tr>
<tr style="mso-yfti-irow:1;height:12.4pt;">
<td width="310" valign="bottom" style="width:232.75pt;background:#CCEEFF; padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">Outstanding at December 31, 2011</font></font></p>
</td>
<td width="6" valign="bottom" style="width:4.85pt;background:#CCEEFF;padding: 0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="24" valign="bottom" style="width:18.25pt;background:#CCEEFF; padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="67" valign="bottom" style="width:50.15pt;background:#CCEEFF; padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">4,242,251</font></font></p>
</td>
<td width="6" valign="bottom" style="width:4.5pt;background:#CCEEFF;padding:0in 0in 0in 0in; height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="3" valign="bottom" style="width:2.05pt;background:#CCEEFF;padding: 0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="28" valign="bottom" style="width:21.05pt;background:#CCEEFF; padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">$</font></font></p>
</td>
<td width="59" valign="bottom" style="width:44.4pt;background:#CCEEFF;padding: 0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">3.93</font></font></p>
</td>
<td width="2" valign="bottom" style="width:1.75pt;background:#CCEEFF;padding: 0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="6" valign="bottom" style="width:4.85pt;background:#CCEEFF;padding: 0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="95" colspan="2" valign="bottom" style="width:71.05pt;background:#CCEEFF; padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.15pt;background:#CCEEFF;padding: 0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="6" valign="bottom" style="width:4.85pt;background:#CCEEFF;padding: 0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="92" colspan="2" valign="bottom" style="width:68.95pt;background:#CCEEFF; padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.15pt;background:#CCEEFF;padding: 0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
</tr>
<tr style="mso-yfti-irow:2;height:12.4pt;">
<td width="310" valign="bottom" style="width:232.75pt;background:white; padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">Options granted</font></font></p>
</td>
<td width="6" valign="bottom" style="width:4.85pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="24" valign="bottom" style="width:18.25pt;background:white;padding: 0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="67" valign="bottom" style="width:50.15pt;background:white;padding: 0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">410,500</font></font></p>
</td>
<td width="6" valign="bottom" style="width:4.5pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="3" valign="bottom" style="width:2.05pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="28" valign="bottom" style="width:21.05pt;background:white;padding: 0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="59" valign="bottom" style="width:44.4pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">3.88</font></font></p>
</td>
<td width="2" valign="bottom" style="width:1.75pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="6" valign="bottom" style="width:4.85pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="95" colspan="2" valign="bottom" style="width:71.05pt;background:white; padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.15pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="6" valign="bottom" style="width:4.85pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="92" colspan="2" valign="bottom" style="width:68.95pt;background:white; padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.15pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
</tr>
<tr style="mso-yfti-irow:3;height:12.4pt;">
<td width="310" valign="bottom" style="width:232.75pt;background:#CCEEFF; padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">Options exercised</font></font></p>
</td>
<td width="6" valign="bottom" style="width:4.85pt;background:#CCEEFF;padding: 0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="24" valign="bottom" style="width:18.25pt;background:#CCEEFF; padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="67" valign="bottom" style="width:50.15pt;background:#CCEEFF; padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">(24,000</font></font></p>
</td>
<td width="6" valign="bottom" style="width:4.5pt;background:#CCEEFF;padding:0in 0in 0in 0in; height:12.4pt;">
<p align="center" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:center;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">)</font></font></p>
</td>
<td width="3" valign="bottom" style="width:2.05pt;background:#CCEEFF;padding: 0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="28" valign="bottom" style="width:21.05pt;background:#CCEEFF; padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="59" valign="bottom" style="width:44.4pt;background:#CCEEFF;padding: 0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">1.20</font></font></p>
</td>
<td width="2" valign="bottom" style="width:1.75pt;background:#CCEEFF;padding: 0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="6" valign="bottom" style="width:4.85pt;background:#CCEEFF;padding: 0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="95" colspan="2" valign="bottom" style="width:71.05pt;background:#CCEEFF; padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.15pt;background:#CCEEFF;padding: 0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="6" valign="bottom" style="width:4.85pt;background:#CCEEFF;padding: 0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="92" colspan="2" valign="bottom" style="width:68.95pt;background:#CCEEFF; padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.15pt;background:#CCEEFF;padding: 0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
</tr>
<tr style="mso-yfti-irow:4;height:12.4pt;">
<td width="310" valign="bottom" style="width:232.75pt;background:white; padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">Options forfeited</font></font></p>
</td>
<td width="6" valign="bottom" style="width:4.85pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="24" valign="bottom" style="width:18.25pt;background:white;padding: 0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="67" valign="bottom" style="width:50.15pt;background:white;padding: 0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">—</font></font></p>
</td>
<td width="6" valign="bottom" style="width:4.5pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"></font>
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="3" valign="bottom" style="width:2.05pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="28" valign="bottom" style="width:21.05pt;background:white;padding: 0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="59" valign="bottom" style="width:44.4pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">—</font></font></p>
</td>
<td width="2" valign="bottom" style="width:1.75pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="6" valign="bottom" style="width:4.85pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="95" colspan="2" valign="bottom" style="width:71.05pt;background:white; padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.15pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="6" valign="bottom" style="width:4.85pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="92" colspan="2" valign="bottom" style="width:68.95pt;background:white; padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.15pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
</tr>
<tr style="mso-yfti-irow:5;height:12.4pt;">
<td width="310" valign="bottom" style="width:232.75pt;background:#CCEEFF; padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">Options cancelled</font></font></p>
</td>
<td width="6" valign="bottom" style="width:4.85pt;background:#CCEEFF;padding: 0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="24" valign="bottom" style="width:18.25pt;border:none;border-bottom: solid black 1.0pt;mso-border-bottom-alt:solid black .75pt;background:#CCEEFF; padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="67" valign="bottom" style="width:50.15pt;border:none;border-bottom: solid black 1.0pt;mso-border-bottom-alt:solid black .75pt;background:#CCEEFF; padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">—</font></font></p>
</td>
<td width="6" valign="bottom" style="width:4.5pt;background:#CCEEFF;padding:0in 0in 0in 0in; height:12.4pt;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"></font>
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="3" valign="bottom" style="width:2.05pt;background:#CCEEFF;padding: 0in 0in 0in 0in;height:12.4pt;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"></font>
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="28" valign="bottom" style="width:21.05pt;border:none;border-bottom: solid black 1.0pt;mso-border-bottom-alt:solid black .75pt;background:#CCEEFF; padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="59" valign="bottom" style="width:44.4pt;border:none;border-bottom: solid black 1.0pt;mso-border-bottom-alt:solid black .75pt;background:#CCEEFF; padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">—</font></font></p>
</td>
<td width="2" valign="bottom" style="width:1.75pt;background:#CCEEFF;padding: 0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="6" valign="bottom" style="width:4.85pt;background:#CCEEFF;padding: 0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="95" colspan="2" valign="bottom" style="width:71.05pt;background:#CCEEFF; padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.15pt;background:#CCEEFF;padding: 0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="6" valign="bottom" style="width:4.85pt;background:#CCEEFF;padding: 0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="92" colspan="2" valign="bottom" style="width:68.95pt;background:#CCEEFF; padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.15pt;background:#CCEEFF;padding: 0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
</tr>
<tr style="mso-yfti-irow:6;height:12.4pt;">
<td width="310" valign="bottom" style="width:232.75pt;background:white; padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:3.3pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">Outstanding at March 31, 2012</font></font></p>
</td>
<td width="6" valign="bottom" style="width:4.85pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:3.3pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="24" valign="bottom" style="width:18.25pt;border:none;border-bottom: double black 2.25pt;background:white;padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="67" valign="bottom" style="width:50.15pt;border:none;border-bottom: double black 2.25pt;background:white;padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">4,628,751</font></font></p>
</td>
<td width="6" valign="bottom" style="width:4.5pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:3.3pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="3" valign="bottom" style="width:2.05pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:3.3pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="28" valign="bottom" style="width:21.05pt;border:none;border-bottom: double black 2.25pt;background:white;padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">$</font></font></p>
</td>
<td width="59" valign="bottom" style="width:44.4pt;border:none;border-bottom: double black 2.25pt;background:white;padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">3.94</font></font></p>
</td>
<td width="2" valign="bottom" style="width:1.75pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:3.3pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="6" valign="bottom" style="width:4.85pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:3.3pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="37" valign="bottom" style="width:28.05pt;border:none;border-bottom: double black 2.25pt;background:white;padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="57" valign="bottom" style="width:43.0pt;border:none;border-bottom: double black 2.25pt;background:white;padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">5.93</font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.15pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:3.3pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="6" valign="bottom" style="width:4.85pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:3.3pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="30" valign="bottom" style="width:22.4pt;border:none;border-bottom: double black 2.25pt;background:white;padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">$</font></font></p>
</td>
<td width="62" valign="bottom" style="width:46.55pt;border:none;border-bottom: double black 2.25pt;background:white;padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">3,676,255</font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.15pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:3.3pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
</tr>
<tr style="mso-yfti-irow:7;height:12.4pt;">
<td width="310" valign="bottom" style="width:232.75pt;background:#CCEEFF; padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in; margin-bottom:3.3pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';margin-top:0in;margin-right:0in;margin-left:19.8pt;text-align:right;text-indent:-19.8pt;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">Vested or expected to vest at March 31, 2012 (1)</font></font></p>
</td>
<td width="6" valign="bottom" style="width:4.85pt;background:#CCEEFF;padding: 0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:3.3pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="24" valign="bottom" style="width:18.25pt;border:none;border-bottom: double black 2.25pt;background:#CCEEFF;padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="67" valign="bottom" style="width:50.15pt;border:none;border-bottom: double black 2.25pt;background:#CCEEFF;padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">4,555,187</font></font></p>
</td>
<td width="6" valign="bottom" style="width:4.5pt;background:#CCEEFF;padding:0in 0in 0in 0in; height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:3.3pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="3" valign="bottom" style="width:2.05pt;background:#CCEEFF;padding: 0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:3.3pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="28" valign="bottom" style="width:21.05pt;border:none;border-bottom: double black 2.25pt;background:#CCEEFF;padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">$</font></font></p>
</td>
<td width="59" valign="bottom" style="width:44.4pt;border:none;border-bottom: double black 2.25pt;background:#CCEEFF;padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">3.91</font></font></p>
</td>
<td width="2" valign="bottom" style="width:1.75pt;background:#CCEEFF;padding: 0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:3.3pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="6" valign="bottom" style="width:4.85pt;background:#CCEEFF;padding: 0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:3.3pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="37" valign="bottom" style="width:28.05pt;border:none;border-bottom: double black 2.25pt;background:#CCEEFF;padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="57" valign="bottom" style="width:43.0pt;border:none;border-bottom: double black 2.25pt;background:#CCEEFF;padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">5.94</font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.15pt;background:#CCEEFF;padding: 0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:3.3pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="6" valign="bottom" style="width:4.85pt;background:#CCEEFF;padding: 0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:3.3pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="30" valign="bottom" style="width:22.4pt;border:none;border-bottom: double black 2.25pt;background:#CCEEFF;padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">$</font></font></p>
</td>
<td width="62" valign="bottom" style="width:46.55pt;border:none;border-bottom: double black 2.25pt;background:#CCEEFF;padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">3,673,636</font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.15pt;background:#CCEEFF;padding: 0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:3.3pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
</tr>
<tr style="mso-yfti-irow:8;mso-yfti-lastrow:yes;height:12.4pt;">
<td width="310" valign="bottom" style="width:232.75pt;background:white; padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:3.3pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">Exercisable at March 31, 2012</font></font></p>
</td>
<td width="6" valign="bottom" style="width:4.85pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:3.3pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="24" valign="bottom" style="width:18.25pt;border:none;border-bottom: double black 2.25pt;background:white;padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="67" valign="bottom" style="width:50.15pt;border:none;border-bottom: double black 2.25pt;background:white;padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">3,157,477</font></font></p>
</td>
<td width="6" valign="bottom" style="width:4.5pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:3.3pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="3" valign="bottom" style="width:2.05pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:3.3pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="28" valign="bottom" style="width:21.05pt;border:none;border-bottom: double black 2.25pt;background:white;padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">$</font></font></p>
</td>
<td width="59" valign="bottom" style="width:44.4pt;border:none;border-bottom: double black 2.25pt;background:white;padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">3.03</font></font></p>
</td>
<td width="2" valign="bottom" style="width:1.75pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:3.3pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="6" valign="bottom" style="width:4.85pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:3.3pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="37" valign="bottom" style="width:28.05pt;border:none;border-bottom: double black 2.25pt;background:white;padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="57" valign="bottom" style="width:43.0pt;border:none;border-bottom: double black 2.25pt;background:white;padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">6.14</font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.15pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:3.3pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="6" valign="bottom" style="width:4.85pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:3.3pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
<td width="30" valign="bottom" style="width:22.4pt;border:none;border-bottom: double black 2.25pt;background:white;padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">$</font></font></p>
</td>
<td width="62" valign="bottom" style="width:46.55pt;border:none;border-bottom: double black 2.25pt;background:white;padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">3,623,865</font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.15pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:3.3pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;"> </font></font></p>
</td>
</tr>
</table>
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="color:black;">(1) The
expected to vest options are the result of applying the pre-vesting forfeiture
rate assumptions to total unvested options.</font></font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="font-size:8.0pt;"> </font></font></p>
<font style="mso-bookmark:_837d98a3_aec0_4f29_a138_47a530509c4a;"><font style="font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';color:black;mso-ansi-language:EN-US;mso-fareast-language:EN-US;mso-bidi-language:AR-SA;">The aggregate intrinsic value in the table above
represents the difference between the exercise price of the underlying options
and the quoted price of the Company’s common stock. During the
three months ended March 31, 2012, the aggregate intrinsic value of options
exercised was $62 thousand. The Company issues new shares of common stock upon
exercise of stock options.</font></font><!--EndFragment--> </div>
-0.16
-0.02
-0.16
-0.02
-3057000
2246000
2681000
5745000
7245000
1000000
1000000
-3497000
-718000
<div> <!--StartFragment-->
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><a name="_cb1e3337_db08_4250_a9c9_656e8e5e02eb"><b><font style="color:black;">Note 7: Income Taxes</font></b></a></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_cb1e3337_db08_4250_a9c9_656e8e5e02eb;"><font style="font-size:8.0pt;"> </font></font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_cb1e3337_db08_4250_a9c9_656e8e5e02eb;"><font style="color:black;">The Company’s effective tax rates for the three months
ended March 31, 2012 and 2011 was 37.1% and 36%, respectively.<font style="mso-spacerun:yes;">  </font>The differences between the effective tax
rate of 37.1% and the U.S. federal statutory rate of 34% for the three months
ended March 31, 2012 were primarily due to the impact of state income taxes and
alternative minimum tax.<font style="mso-spacerun:yes;">  </font>For the three
months ended March 31, 2011, the difference between the effective tax rate of
36% and the U.S. federal statutory rate of 34% was alternative minimum tax.</font></font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_cb1e3337_db08_4250_a9c9_656e8e5e02eb;"><font style="color:black;"> </font></font></p>
<font style="mso-bookmark:_cb1e3337_db08_4250_a9c9_656e8e5e02eb;"><font style="font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';color:black;mso-ansi-language:EN-US;mso-fareast-language:EN-US;mso-bidi-language:AR-SA;">Due to the Company’s operating loss
carryforwards, all tax years remain open to examination by the major taxing
jurisdictions to which the Company is subject. In the event that the Company is
assessed interest or penalties at some point in the future, it will be
classified in the financial statements as tax expense.</font></font><!--EndFragment--> </div>
-158000
-266000
58000
-669000
-656000
-932000
244000
40000
-73000
247000
29000
3000
15000
4000
<div> <!--StartFragment-->
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><a name="_2346ac17_30b2_4249_a866_940428ed7b56"><font style="font-size:8.0pt;color:black;"> </font><b><font style="color:black;">Note
3: Inventories, Net</font></b></a></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_2346ac17_30b2_4249_a866_940428ed7b56;"><font style="font-size:8.0pt;"> </font></font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_2346ac17_30b2_4249_a866_940428ed7b56;"><font style="color:black;">The components of inventories are as follows (in
thousands):</font></font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_2346ac17_30b2_4249_a866_940428ed7b56;"><font style="font-size:8.0pt;"> </font></font></p>
<table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse;mso-table-layout-alt:fixed;mso-padding-alt: 0in 0in 0in 0in;">
<tr style="mso-yfti-irow:0;mso-yfti-firstrow:yes;height:37.1pt;">
<td width="503" valign="bottom" style="width:377.2pt;padding:0in 0in 0in 0in; height:37.1pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _2346ac17_30b2_4249_a866_940428ed7b56;"><a name="_76fcd80d_3e25_4595_ac52_3764a5354f2e"><font style="color:black;"> </font></a></font></p>
</td>
<td width="7" valign="bottom" style="width:5.2pt;padding:0in 0in 0in 0in; height:37.1pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"><font style="color:black;"> </font></font></font></p>
</td>
<td width="98" colspan="2" valign="bottom" style="width:73.35pt;border:none; border-bottom:solid black 1.0pt;mso-border-bottom-alt:solid black .75pt; padding:0in 0in 0in 0in;height:37.1pt;">
<p align="center" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:center;"><font style="mso-bookmark:_2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"><b><font style="color:black;">March 31,</font></b></font></font></p>
<p align="center" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:center;"><font style="mso-bookmark:_2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"><b><font style="color:black;">2012</font></b></font></font></p>
<p align="center" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:center;"><font style="mso-bookmark:_2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"><b><font style="color:black;"> (unaudited)</font></b></font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.2pt;padding:0in 0in 0in 0in; height:37.1pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"><font style="color:black;"> </font></font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.2pt;padding:0in 0in 0in 0in; height:37.1pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"><font style="color:black;"> </font></font></font></p>
</td>
<td width="91" colspan="2" valign="bottom" style="width:68.45pt;border:none; border-bottom:solid black 1.0pt;mso-border-bottom-alt:solid black .75pt; padding:0in 0in 0in 0in;height:37.1pt;">
<p align="center" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';margin-right:-5.5pt;text-align:center;"><font style="mso-bookmark:_2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"><b><font style="color:black;">December 31, 2011</font></b></font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.2pt;padding:0in 0in 0in 0in; height:37.1pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"><font style="color:black;"> </font></font></font></p>
</td>
</tr>
<tr style="mso-yfti-irow:1;height:12.4pt;">
<td width="503" valign="bottom" style="width:377.2pt;background:#CCEEFF; padding:0in 0in 0in 0in;height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"><font style="color:black;">Raw materials </font></font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.2pt;background:#CCEEFF;padding:0in 0in 0in 0in; height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"><font style="color:black;"> </font></font></font></p>
</td>
<td width="36" valign="bottom" style="width:26.75pt;background:#CCEEFF; padding:0in 0in 0in 0in;height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"><font style="color:black;">$</font></font></font></p>
</td>
<td width="62" valign="bottom" style="width:46.6pt;background:#CCEEFF;padding: 0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"><font style="color:black;">1,268</font></font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.2pt;background:#CCEEFF;padding:0in 0in 0in 0in; height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"><font style="color:black;"> </font></font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.2pt;background:#CCEEFF;padding:0in 0in 0in 0in; height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"><font style="color:black;"> </font></font></font></p>
</td>
<td width="30" valign="bottom" style="width:22.15pt;background:#CCEEFF; padding:0in 0in 0in 0in;height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"><font style="color:black;">$</font></font></font></p>
</td>
<td width="62" valign="bottom" style="width:46.3pt;background:#CCEEFF;padding: 0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"><font style="color:black;">1,092</font></font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.2pt;background:#CCEEFF;padding:0in 0in 0in 0in; height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"><font style="color:black;"> </font></font></font></p>
</td>
</tr>
<tr style="mso-yfti-irow:2;height:12.4pt;">
<td width="503" valign="bottom" style="width:377.2pt;background:white;padding: 0in 0in 0in 0in;height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"><font style="color:black;">Work in process</font></font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.2pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"><font style="color:black;"> </font></font></font></p>
</td>
<td width="36" valign="bottom" style="width:26.75pt;background:white;padding: 0in 0in 0in 0in;height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"><font style="color:black;"> </font></font></font></p>
</td>
<td width="62" valign="bottom" style="width:46.6pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"><font style="color:black;">526</font></font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.2pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"><font style="color:black;"> </font></font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.2pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"><font style="color:black;"> </font></font></font></p>
</td>
<td width="30" valign="bottom" style="width:22.15pt;background:white;padding: 0in 0in 0in 0in;height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"><font style="color:black;"> </font></font></font></p>
</td>
<td width="62" valign="bottom" style="width:46.3pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"><font style="color:black;">985</font></font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.2pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"><font style="color:black;"> </font></font></font></p>
</td>
</tr>
<tr style="mso-yfti-irow:3;height:12.4pt;">
<td width="503" valign="bottom" style="width:377.2pt;background:#CCEEFF; padding:0in 0in 0in 0in;height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"><font style="color:black;">Finished goods </font></font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.2pt;background:#CCEEFF;padding:0in 0in 0in 0in; height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"><font style="color:black;"> </font></font></font></p>
</td>
<td width="36" valign="bottom" style="width:26.75pt;border:none;border-bottom: solid windowtext 1.0pt;mso-border-bottom-alt:solid windowtext .5pt; background:#CCEEFF;padding:0in 0in 0in 0in;height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"><font style="color:black;"> </font></font></font></p>
</td>
<td width="62" valign="bottom" style="width:46.6pt;border:none;border-bottom: solid windowtext 1.0pt;mso-border-bottom-alt:solid windowtext .5pt; background:#CCEEFF;padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"><font style="color:black;">1,015</font></font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.2pt;background:#CCEEFF;padding:0in 0in 0in 0in; height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"><font style="color:black;"> </font></font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.2pt;background:#CCEEFF;padding:0in 0in 0in 0in; height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"><font style="color:black;"> </font></font></font></p>
</td>
<td width="30" valign="bottom" style="width:22.15pt;border:none;border-bottom: solid windowtext 1.0pt;mso-border-bottom-alt:solid windowtext .5pt; background:#CCEEFF;padding:0in 0in 0in 0in;height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"><font style="color:black;"> </font></font></font></p>
</td>
<td width="62" valign="bottom" style="width:46.3pt;border:none;border-bottom: solid windowtext 1.0pt;mso-border-bottom-alt:solid windowtext .5pt; background:#CCEEFF;padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"><font style="color:black;">689</font></font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.2pt;background:#CCEEFF;padding:0in 0in 0in 0in; height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"><font style="color:black;"> </font></font></font></p>
</td>
</tr>
<tr style="mso-yfti-irow:4;height:12.4pt;">
<td width="503" valign="bottom" style="width:377.2pt;background:white;padding: 0in 0in 0in 0in;height:12.4pt;"><font style="mso-bookmark:_2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"></font></font>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:3.3pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"><font style="color:black;"> </font></font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.2pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;"><font style="mso-bookmark:_2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"></font></font>
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:3.3pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"><font style="color:black;"> </font></font></font></p>
</td>
<td width="36" valign="bottom" style="width:26.75pt;border:none;mso-border-top-alt: solid windowtext .5pt;background:white;padding:0in 0in 0in 0in;height:12.4pt;"><font style="mso-bookmark:_2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"></font></font>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"><font style="color:black;"> </font></font></font></p>
</td>
<td width="62" valign="bottom" style="width:46.6pt;border:none;mso-border-top-alt: solid windowtext .5pt;background:white;padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"><font style="color:black;">2,809</font></font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.2pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;"><font style="mso-bookmark:_2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"></font></font>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:3.3pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"><font style="color:black;"> </font></font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.2pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;"><font style="mso-bookmark:_2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"></font></font>
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:3.3pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"><font style="color:black;"> </font></font></font></p>
</td>
<td width="30" valign="bottom" style="width:22.15pt;border:none;mso-border-top-alt: solid windowtext .5pt;background:white;padding:0in 0in 0in 0in;height:12.4pt;"><font style="mso-bookmark:_2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"></font></font>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"><font style="color:black;"> </font></font></font></p>
</td>
<td width="62" valign="bottom" style="width:46.3pt;border:none;mso-border-top-alt: solid windowtext .5pt;background:white;padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"><font style="color:black;">2,766</font></font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.2pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;"><font style="mso-bookmark:_2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"></font></font>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:3.3pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"><font style="color:black;"> </font></font></font></p>
</td>
</tr>
<tr style="mso-yfti-irow:5;height:12.4pt;">
<td width="503" valign="bottom" style="width:377.2pt;background:white;padding: 0in 0in 0in 0in;height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:3.3pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"><font style="color:black;">Less inventory reserve</font></font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.2pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;"><font style="mso-bookmark:_2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"></font></font>
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:3.3pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"><font style="color:black;"> </font></font></font></p>
</td>
<td width="36" valign="bottom" style="width:26.75pt;border:none;border-bottom: solid windowtext 1.0pt;mso-border-bottom-alt:solid windowtext .5pt; background:white;padding:0in 0in 0in 0in;height:12.4pt;"><font style="mso-bookmark:_2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"></font></font>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"><font style="color:black;"> </font></font></font></p>
</td>
<td width="62" valign="bottom" style="width:46.6pt;border:none;border-bottom: solid windowtext 1.0pt;mso-border-bottom-alt:solid windowtext .5pt; background:white;padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"><font style="color:black;">(9</font></font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.2pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"><font style="color:black;">)</font></font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.2pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;"><font style="mso-bookmark:_2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"></font></font>
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:3.3pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"><font style="color:black;"> </font></font></font></p>
</td>
<td width="30" valign="bottom" style="width:22.15pt;border:none;border-bottom: solid windowtext 1.0pt;mso-border-bottom-alt:solid windowtext .5pt; background:white;padding:0in 0in 0in 0in;height:12.4pt;"><font style="mso-bookmark:_2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"></font></font>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"><font style="color:black;"> </font></font></font></p>
</td>
<td width="62" valign="bottom" style="width:46.3pt;border:none;border-bottom: solid windowtext 1.0pt;mso-border-bottom-alt:solid windowtext .5pt; background:white;padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"><font style="color:black;">(6</font></font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.2pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"><font style="color:black;">)</font></font></font></p>
</td>
</tr>
<tr style="mso-yfti-irow:6;mso-yfti-lastrow:yes;height:12.4pt;">
<td width="503" valign="bottom" style="width:377.2pt;background:white;padding: 0in 0in 0in 0in;height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:3.3pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"><font style="color:black;">Total inventories, net</font></font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.2pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:3.3pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"><font style="color:black;"> </font></font></font></p>
</td>
<td width="36" valign="bottom" style="width:26.75pt;border:none;border-bottom: double black 2.25pt;mso-border-top-alt:solid windowtext .5pt;background:white; padding:0in 0in 0in 0in;height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"><font style="color:black;">$</font></font></font></p>
</td>
<td width="62" valign="bottom" style="width:46.6pt;border:none;border-bottom: double black 2.25pt;mso-border-top-alt:solid windowtext .5pt;background:white; padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"><font style="color:black;">2,800</font></font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.2pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:3.3pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"><font style="color:black;"> </font></font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.2pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:3.3pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"><font style="color:black;"> </font></font></font></p>
</td>
<td width="30" valign="bottom" style="width:22.15pt;border:none;border-bottom: double black 2.25pt;mso-border-top-alt:solid windowtext .5pt;background:white; padding:0in 0in 0in 0in;height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"><font style="color:black;">$</font></font></font></p>
</td>
<td width="62" valign="bottom" style="width:46.3pt;border:none;border-bottom: double black 2.25pt;mso-border-top-alt:solid windowtext .5pt;background:white; padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"><font style="color:black;">2,760</font></font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.2pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:3.3pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _2346ac17_30b2_4249_a866_940428ed7b56;"><font style="mso-bookmark:_76fcd80d_3e25_4595_ac52_3764a5354f2e;"><font style="color:black;"> </font></font></font></p>
</td>
</tr>
</table>
<!--EndFragment--> </div>
2760000
2800000
37932000
37589000
3821000
3152000
<div> <!--StartFragment-->
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><a name="_b216d1ae_64e6_4cff_8e33_c57a74728d0a"><b><font style="color:black;">Note 2:<font style="mso-spacerun:yes;">  </font>Accounts Receivable</font></b></a></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:justify;"><font style="mso-bookmark:_b216d1ae_64e6_4cff_8e33_c57a74728d0a;"><font style="color:black;"> </font></font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_b216d1ae_64e6_4cff_8e33_c57a74728d0a;"><font style="color:black;">The majority of the Company’s commercial accounts
receivable are due from Original Equipment Manufacturers ("OEM’s”). Credit
is extended based on an evaluation of a customer’s financial condition and,
generally, collateral is not required. </font></font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_b216d1ae_64e6_4cff_8e33_c57a74728d0a;"><font style="color:black;"> </font></font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_b216d1ae_64e6_4cff_8e33_c57a74728d0a;"><font style="color:black;">Accounts receivable consisted of the following (in
thousands):</font></font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_b216d1ae_64e6_4cff_8e33_c57a74728d0a;"><font style="font-size:8.0pt;"> </font></font></p>
<table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse;mso-table-layout-alt:fixed;mso-padding-alt: 0in 0in 0in 0in;">
<tr style="mso-yfti-irow:0;mso-yfti-firstrow:yes;height:37.1pt;">
<td width="503" valign="bottom" style="width:377.0pt;padding:0in 0in 0in 0in; height:37.1pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _b216d1ae_64e6_4cff_8e33_c57a74728d0a;"><font style="color:black;"> </font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.2pt;padding:0in 0in 0in 0in; height:37.1pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _b216d1ae_64e6_4cff_8e33_c57a74728d0a;"><b><font style="color:black;"> </font></b></font></p>
</td>
<td width="96" colspan="2" valign="bottom" style="width:72.3pt;border:none; border-bottom:solid black 1.0pt;mso-border-bottom-alt:solid black .75pt; padding:0in 0in 0in 0in;height:37.1pt;">
<p align="center" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:center;"><font style="mso-bookmark:_b216d1ae_64e6_4cff_8e33_c57a74728d0a;"><b><font style="color:black;">March 31,</font></b></font></p>
<p align="center" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:center;"><font style="mso-bookmark:_b216d1ae_64e6_4cff_8e33_c57a74728d0a;"><b><font style="color:black;">2012</font></b></font></p>
<p align="center" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:center;"><font style="mso-bookmark:_b216d1ae_64e6_4cff_8e33_c57a74728d0a;"><b><font style="color:black;"> (unaudited)</font></b></font></p>
</td>
<td width="8" valign="bottom" style="width:6.35pt;padding:0in 0in 0in 0in; height:37.1pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _b216d1ae_64e6_4cff_8e33_c57a74728d0a;"><b><font style="color:black;"> </font></b></font></p>
</td>
<td width="7" valign="bottom" style="width:5.2pt;padding:0in 0in 0in 0in; height:37.1pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _b216d1ae_64e6_4cff_8e33_c57a74728d0a;"><b><font style="color:black;"> </font></b></font></p>
</td>
<td width="91" colspan="2" valign="bottom" style="width:.95in;border:none; border-bottom:solid black 1.0pt;mso-border-bottom-alt:solid black .75pt; padding:0in 0in 0in 0in;height:37.1pt;">
<p align="center" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:center;"><font style="mso-bookmark:_b216d1ae_64e6_4cff_8e33_c57a74728d0a;"><b><font style="color:black;">December 31, 2011</font></b></font></p>
</td>
<td width="7" valign="bottom" style="width:5.35pt;padding:0in 0in 0in 0in; height:37.1pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _b216d1ae_64e6_4cff_8e33_c57a74728d0a;"><b><font style="color:black;"> </font></b></font></p>
</td>
</tr>
<tr style="mso-yfti-irow:1;height:12.4pt;">
<td width="503" valign="bottom" style="width:377.0pt;background:#CCEEFF; padding:0in 0in 0in 0in;height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_b216d1ae_64e6_4cff_8e33_c57a74728d0a;"><font style="color:black;">Accounts receivable</font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.2pt;background:#CCEEFF;padding:0in 0in 0in 0in; height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_b216d1ae_64e6_4cff_8e33_c57a74728d0a;"><font style="color:black;"> </font></font></p>
</td>
<td width="36" valign="bottom" style="width:26.75pt;background:#CCEEFF; padding:0in 0in 0in 0in;height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_b216d1ae_64e6_4cff_8e33_c57a74728d0a;"><font style="color:black;">$</font></font></p>
</td>
<td width="61" valign="bottom" style="width:45.55pt;background:#CCEEFF; padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_b216d1ae_64e6_4cff_8e33_c57a74728d0a;">4,912</font></p>
</td>
<td width="8" valign="bottom" style="width:6.35pt;background:#CCEEFF;padding: 0in 0in 0in 0in;height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_b216d1ae_64e6_4cff_8e33_c57a74728d0a;"><font style="color:black;"> </font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.2pt;background:#CCEEFF;padding:0in 0in 0in 0in; height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_b216d1ae_64e6_4cff_8e33_c57a74728d0a;"><font style="color:black;"> </font></font></p>
</td>
<td width="30" valign="bottom" style="width:22.15pt;background:#CCEEFF; padding:0in 0in 0in 0in;height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_b216d1ae_64e6_4cff_8e33_c57a74728d0a;"><font style="color:black;">$</font></font></p>
</td>
<td width="62" valign="bottom" style="width:46.25pt;background:#CCEEFF; padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_b216d1ae_64e6_4cff_8e33_c57a74728d0a;"><font style="color:black;">5,844</font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.35pt;background:#CCEEFF;padding: 0in 0in 0in 0in;height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_b216d1ae_64e6_4cff_8e33_c57a74728d0a;"><font style="color:black;"> </font></font></p>
</td>
</tr>
<tr style="mso-yfti-irow:2;height:12.4pt;">
<td width="503" valign="bottom" style="width:377.0pt;background:white;padding: 0in 0in 0in 0in;height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _b216d1ae_64e6_4cff_8e33_c57a74728d0a;"><font style="color:black;">Less
allowance for doubtful accounts</font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.2pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_b216d1ae_64e6_4cff_8e33_c57a74728d0a;"><font style="color:black;"> </font></font></p>
</td>
<td width="36" valign="bottom" style="width:26.75pt;border:none;border-bottom: solid black 1.0pt;mso-border-bottom-alt:solid black .75pt;background:white; padding:0in 0in 0in 0in;height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_b216d1ae_64e6_4cff_8e33_c57a74728d0a;"><font style="color:black;"> </font></font></p>
</td>
<td width="61" valign="bottom" style="width:45.55pt;border:none;border-bottom: solid black 1.0pt;mso-border-bottom-alt:solid black .75pt;background:white; padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_b216d1ae_64e6_4cff_8e33_c57a74728d0a;"><font style="color:black;">(268</font></font></p>
</td>
<td width="8" valign="bottom" style="width:6.35pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';margin-right:2.2pt;"><font style="mso-bookmark:_b216d1ae_64e6_4cff_8e33_c57a74728d0a;"><font style="color:black;">)</font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.2pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_b216d1ae_64e6_4cff_8e33_c57a74728d0a;"><font style="color:black;"> </font></font></p>
</td>
<td width="30" valign="bottom" style="width:22.15pt;border:none;border-bottom: solid black 1.0pt;mso-border-bottom-alt:solid black .75pt;background:white; padding:0in 0in 0in 0in;height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_b216d1ae_64e6_4cff_8e33_c57a74728d0a;"><font style="color:black;"> </font></font></p>
</td>
<td width="62" valign="bottom" style="width:46.25pt;border:none;border-bottom: solid black 1.0pt;mso-border-bottom-alt:solid black .75pt;background:white; padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_b216d1ae_64e6_4cff_8e33_c57a74728d0a;"><font style="color:black;">(268</font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.35pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';margin-right:2.2pt;"><font style="mso-bookmark:_b216d1ae_64e6_4cff_8e33_c57a74728d0a;"><font style="color:black;">)</font></font></p>
</td>
</tr>
<tr style="mso-yfti-irow:3;mso-yfti-lastrow:yes;height:12.4pt;">
<td width="503" valign="bottom" style="width:377.0pt;background:#CCEEFF; padding:0in 0in 0in 0in;height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:3.3pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _b216d1ae_64e6_4cff_8e33_c57a74728d0a;"><font style="color:black;">Accounts receivable,
net </font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.2pt;background:#CCEEFF;padding:0in 0in 0in 0in; height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:3.3pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_b216d1ae_64e6_4cff_8e33_c57a74728d0a;"><font style="color:black;"> </font></font></p>
</td>
<td width="36" valign="bottom" style="width:26.75pt;border:none;border-bottom: double black 2.25pt;background:#CCEEFF;padding:0in 0in 0in 0in;height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_b216d1ae_64e6_4cff_8e33_c57a74728d0a;"><font style="color:black;">$</font></font></p>
</td>
<td width="61" valign="bottom" style="width:45.55pt;border:none;border-bottom: double black 2.25pt;background:#CCEEFF;padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_b216d1ae_64e6_4cff_8e33_c57a74728d0a;">4,644</font></p>
</td>
<td width="8" valign="bottom" style="width:6.35pt;background:#CCEEFF;padding: 0in 0in 0in 0in;height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_b216d1ae_64e6_4cff_8e33_c57a74728d0a;"><font style="color:black;"> </font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.2pt;background:#CCEEFF;padding:0in 0in 0in 0in; height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:3.3pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_b216d1ae_64e6_4cff_8e33_c57a74728d0a;"><font style="color:black;"> </font></font></p>
</td>
<td width="30" valign="bottom" style="width:22.15pt;border:none;border-bottom: double black 2.25pt;background:#CCEEFF;padding:0in 0in 0in 0in;height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_b216d1ae_64e6_4cff_8e33_c57a74728d0a;"><font style="color:black;">$</font></font></p>
</td>
<td width="62" valign="bottom" style="width:46.25pt;border:none;border-bottom: double black 2.25pt;background:#CCEEFF;padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_b216d1ae_64e6_4cff_8e33_c57a74728d0a;"><font style="color:black;">5,576</font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.35pt;background:#CCEEFF;padding: 0in 0in 0in 0in;height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_b216d1ae_64e6_4cff_8e33_c57a74728d0a;"><font style="color:black;"> </font></font></p>
</td>
</tr>
</table>
<!--EndFragment--> </div>
104000
29000
-934000
-2098000
797000
330000
-3339000
-452000
-3070000
4000
2673000
3403000
-427000
-722000
127000
127000
614000
383000
16000
7000
650000
1500000
284000
598000
1000
1000
0.001
0.001
0.001
0.001
10000000
10000
10000000
10000
5659
5659
5659
5659
1008000
1255000
5980000
6521000
-204000
532000
1140000
-186656000
-187108000
5441000
6137000
4310000
5830000
2141000
2263000
856000
749000
<div> <!--StartFragment-->
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><a name="_c37f6e04_1d15_4a93_9b08_bd21f2f3c795"><b><font style="color:black;">Note 1: Summary of Significant Accounting
Policies</font></b></a></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="font-size:8.0pt;"> </font></font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="color:black;">eMagin Corporation (the “Company”) designs, develops, manufactures,
and markets OLED (organic light emitting diode) on silicon microdisplays and
virtual imaging products which utilize OLED microdisplays. The Company’s
products are sold mainly in North America, Asia, and Europe.</font></font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="font-size:8.0pt;"> </font></font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><b><i><font style="color:black;">Basis of Presentation</font></i></b></font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="font-size:8.0pt;"> </font></font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="color:black;">In the opinion of management, the accompanying unaudited
condensed consolidated financial statements of eMagin Corporation and its
subsidiary reflect all adjustments, including normal recurring accruals,
necessary for a fair presentation. All significant intercompany
balances and transactions have been eliminated in consolidation.<font style="mso-spacerun:yes;">  </font>Certain information and footnote disclosure
normally included in annual financial statements prepared in accordance with
accounting principles generally accepted in the United States have been
condensed or omitted pursuant to instructions, rules and regulations prescribed
by the Securities and Exchange Commission. The Company believes that
the disclosures provided herein are adequate to make the information presented
not misleading when these unaudited condensed consolidated financial statements
are read in conjunction with the audited consolidated financial statements
contained in the Company’s Annual Report on Form 10-K for the year ended
December 31, 2011. The results of operations for the period ended
March 31, 2012 are not necessarily indicative of the results to be expected for
the full year.<font style="mso-spacerun:yes;">  </font>The consolidated
condensed financial statements of December 31, 2011 are derived from audited
financial statements included in the Company’s Annual Report on Form 10-K for
the year ended December 31, 2011.</font></font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="font-size:8.0pt;"> </font></font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';background:white;"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="color:black;background:white;">In accordance with accounting principles
generally accepted in the United States of America, management utilizes certain
estimates and assumptions that affect the reported amounts of assets and
liabilities at the date of the financial statements and the reported amounts of
revenues and expenses during the reporting period. On an on-going basis,
management evaluates its estimates and judgments related to, among others,
allowance for doubtful accounts, warranty reserves, inventory reserves,
stock-based compensation expense, deferred tax asset valuation allowances,
litigation and other loss contingencies. Management bases its estimates and
judgments on historical experience and on various other assumptions that are
believed to be reasonable under the circumstances, the results of which form
the basis for making judgments about the carrying values of assets and
liabilities that are not readily apparent from other sources. Actual results
could differ from those estimates.</font></font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="color:black;"> </font></font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><b><i style="mso-bidi-font-style:normal;"><font style="color:black;">Recently Issued
Accounting Pronouncements</font></i></b></font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="font-size:8.0pt;"> </font></font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';background:white;"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="font-size:8.5pt;color:black;background:white;">I</font><font style="color:black;background:white;">n May 2011, the FASB issued an
accounting standard update related to fair value measurements and disclosures
to improve the comparability of fair value measurements presented and disclosed
in financial statements prepared in accordance with United States GAAP and
International Financial Reporting Standards. This guidance includes amendments
that clarify the intent about the application of existing fair value
measurement requirements, while other amendments change a principle or
requirement for measuring fair value or for disclosing information about fair
value measurements. Specifically, the guidance requires additional disclosures
for fair value measurements that are based on significant unobservable inputs.
On January 1, 2012, the Company adopted this guidance on a prospective basis
and there was no impact on the Company's condensed consolidated financial
statements.</font></font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"> </font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><b><i style="mso-bidi-font-style:normal;"><font style="color:black;">Net Loss per
Common Share</font></i></b></font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="font-size:8.0pt;"> </font></font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="color:black;">Basic loss per share is computed using the weighted average
number of common shares outstanding during the period, and excludes any
dilutive effects of common stock equivalent shares, such as stock options,
warrants, and convertible preferred stock. Diluted loss per share is computed
using the weighted average number of common shares outstanding and potentially
dilutive common stock equivalent shares outstanding during the period. Common
stock equivalent shares are excluded from the computation if their effect is
anti-dilutive.<font style="mso-spacerun:yes;">  </font></font></font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="color:black;"> </font></font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;">The
Company’s Series B Convertible Preferred stock (“Preferred Stock – Series B”)
is considered a participating security as the preferred stock participates in
dividends with the common stock, which requires the use of the two-class method
when computing basic and diluted earnings per share.<font style="mso-spacerun:yes;">  </font><font style="color:black;background:white;">The
Preferred Stock – Series B is not required to absorb any net loss.</font></font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="color:black;"> </font></font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="color:black;">For all periods presented, the Company has reported a net
loss and as a result, basic and diluted net loss per common share are the
same.<font style="mso-spacerun:yes;">  </font>Therefore, in calculating net loss
per share amounts, shares underlying the following potentially dilutive common
stock equivalents were excluded from the calculation of diluted net income per
common share because their effect was anti-dilutive for each of the periods
presented.</font></font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="font-size:8.0pt;"> </font></font></p>
<table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse;mso-table-layout-alt:fixed;mso-padding-alt: 0in 0in 0in 0in;">
<tr style="mso-yfti-irow:0;mso-yfti-firstrow:yes;height:24.75pt;">
<td width="532" valign="bottom" style="width:399.25pt;padding:0in 0in 0in 0in; height:24.75pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><a name="_4924189b_408d_4e6e_aabf_d9510f6bb612"><font style="color:black;"> </font></a></font></p>
</td>
<td width="7" valign="bottom" style="width:5.2pt;padding:0in 0in 0in 0in; height:24.75pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"><font style="color:black;"> </font></font></font></p>
</td>
<td width="174" colspan="6" valign="bottom" style="width:130.2pt;border:none; border-bottom:solid black 1.0pt;mso-border-bottom-alt:solid black .75pt; padding:0in 0in 0in 0in;height:24.75pt;">
<p align="center" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:center;"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"><b><font style="color:black;">Three Months Ended</font></b></font></font></p>
<p align="center" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:center;"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"><b><font style="color:black;">March 31,</font></b></font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.2pt;padding:0in 0in 0in 0in; height:24.75pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"><font style="color:black;"> </font></font></font></p>
</td>
</tr>
<tr style="mso-yfti-irow:1;height:12.4pt;">
<td width="532" valign="bottom" style="width:399.25pt;padding:0in 0in 0in 0in; height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"><font style="color:black;"> </font></font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.2pt;padding:0in 0in 0in 0in; height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"><font style="color:black;"> </font></font></font></p>
</td>
<td width="78" colspan="2" valign="bottom" style="width:58.85pt;border:none; border-bottom:solid black 1.0pt;mso-border-bottom-alt:solid black .75pt; padding:0in 0in 0in 0in;height:12.4pt;">
<p align="center" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:center;"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"><b><font style="color:black;">2012</font></b></font></font></p>
</td>
<td width="8" valign="bottom" style="width:6.2pt;padding:0in 0in 0in 0in; height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"><font style="color:black;"> </font></font></font></p>
</td>
<td width="8" valign="bottom" style="width:6.2pt;padding:0in 0in 0in 0in; height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"><font style="color:black;"> </font></font></font></p>
</td>
<td width="79" colspan="2" valign="bottom" style="width:58.95pt;border:none; border-bottom:solid black 1.0pt;mso-border-bottom-alt:solid black .75pt; padding:0in 0in 0in 0in;height:12.4pt;">
<p align="center" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:center;"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"><b><font style="color:black;">2011</font></b></font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.2pt;padding:0in 0in 0in 0in; height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:1.1pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"><font style="color:black;"> </font></font></font></p>
</td>
</tr>
<tr style="mso-yfti-irow:2;height:12.4pt;">
<td width="532" valign="bottom" style="width:399.25pt;background:#CCEEFF; padding:0in 0in 0in 0in;height:12.4pt;"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"></font></font>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"><font style="font-size:9.0pt;"> </font></font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.2pt;background:#CCEEFF;padding:0in 0in 0in 0in; height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:3.3pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"><font style="font-size:9.0pt;color:black;"> </font></font></font></p>
</td>
<td width="14" valign="bottom" style="width:10.5pt;background:#CCEEFF;padding: 0in 0in 0in 0in;height:12.4pt;"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"></font></font>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"><font style="font-size:9.0pt;color:black;"> </font></font></font></p>
</td>
<td width="64" valign="bottom" style="width:48.35pt;background:#CCEEFF; padding:0in 0in 0in 0in;height:12.4pt;"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"></font></font>
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"><font style="font-size:9.0pt;color:black;"> </font></font></font></p>
</td>
<td width="8" valign="bottom" style="width:6.2pt;background:#CCEEFF;padding:0in 0in 0in 0in; height:12.4pt;"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"></font></font>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"><font style="font-size:9.0pt;color:black;"> </font></font></font></p>
</td>
<td width="8" valign="bottom" style="width:6.2pt;background:#CCEEFF;padding:0in 0in 0in 0in; height:12.4pt;"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"></font></font>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:3.3pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"><font style="font-size:9.0pt;color:black;"> </font></font></font></p>
</td>
<td width="14" valign="bottom" style="width:10.5pt;background:#CCEEFF;padding: 0in 0in 0in 0in;height:12.4pt;"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"></font></font>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"><font style="font-size:9.0pt;color:black;"> </font></font></font></p>
</td>
<td width="65" valign="bottom" style="width:48.45pt;background:#CCEEFF; padding:0in 0in 0in 0in;height:12.4pt;"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"></font></font>
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"><font style="font-size:9.0pt;"> </font></font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.2pt;background:#CCEEFF;padding:0in 0in 0in 0in; height:12.4pt;"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"></font></font>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"><font style="font-size:9.0pt;"> </font></font></font></p>
</td>
</tr>
<tr style="mso-yfti-irow:3;height:12.4pt;">
<td width="532" valign="bottom" style="width:399.25pt;background:white; padding:0in 0in 0in 0in;height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"><font style="font-size:9.0pt;color:black;">Options</font></font></font><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"><font style="font-size:9.0pt;"></font></font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.2pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"><font style="font-size:9.0pt;color:black;"> </font></font></font></p>
</td>
<td width="14" valign="bottom" style="width:10.5pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"><font style="font-size:9.0pt;color:black;"> </font></font></font></p>
</td>
<td width="64" valign="bottom" style="width:48.35pt;background:white;padding: 0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"><font style="font-size:9.0pt;color:black;">4,628,749</font></font></font></p>
</td>
<td width="8" valign="bottom" style="width:6.2pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"><font style="font-size:9.0pt;color:black;"> </font></font></font></p>
</td>
<td width="8" valign="bottom" style="width:6.2pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"><font style="font-size:9.0pt;color:black;"> </font></font></font></p>
</td>
<td width="14" valign="bottom" style="width:10.5pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"><font style="font-size:9.0pt;color:black;"> </font></font></font></p>
</td>
<td width="65" valign="bottom" style="width:48.45pt;background:white;padding: 0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"><font style="font-size:9.0pt;color:black;">4,418,374 </font></font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.2pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"><font style="font-size:9.0pt;color:black;"> </font></font></font></p>
</td>
</tr>
<tr style="mso-yfti-irow:4;height:12.4pt;">
<td width="532" valign="bottom" style="width:399.25pt;background:#CCEEFF; padding:0in 0in 0in 0in;height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"><font style="font-size:9.0pt;color:black;">Warrants</font></font></font><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"><font style="font-size:9.0pt;"></font></font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.2pt;background:#CCEEFF;padding:0in 0in 0in 0in; height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"><font style="font-size:9.0pt;color:black;"> </font></font></font></p>
</td>
<td width="14" valign="bottom" style="width:10.5pt;background:#CCEEFF;padding: 0in 0in 0in 0in;height:12.4pt;"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"></font></font>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"><font style="font-size:9.0pt;color:black;"> </font></font></font></p>
</td>
<td width="64" valign="bottom" style="width:48.35pt;background:#CCEEFF; padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"><font style="font-size:9.0pt;color:black;">1,000,000</font></font></font></p>
</td>
<td width="8" valign="bottom" style="width:6.2pt;background:#CCEEFF;padding:0in 0in 0in 0in; height:12.4pt;"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"></font></font>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"><font style="font-size:9.0pt;color:black;"> </font></font></font></p>
</td>
<td width="8" valign="bottom" style="width:6.2pt;background:#CCEEFF;padding:0in 0in 0in 0in; height:12.4pt;"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"></font></font>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:3.3pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"><font style="font-size:9.0pt;color:black;"> </font></font></font></p>
</td>
<td width="14" valign="bottom" style="width:10.5pt;background:#CCEEFF;padding: 0in 0in 0in 0in;height:12.4pt;"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"></font></font>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"><font style="font-size:9.0pt;color:black;"> </font></font></font></p>
</td>
<td width="65" valign="bottom" style="width:48.45pt;background:#CCEEFF; padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"><font style="font-size:9.0pt;">2,205,001</font></font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.2pt;background:#CCEEFF;padding:0in 0in 0in 0in; height:12.4pt;"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"></font></font>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"><font style="font-size:9.0pt;"> </font></font></font></p>
</td>
</tr>
<tr style="mso-yfti-irow:5;height:12.4pt;">
<td width="532" valign="bottom" style="width:399.25pt;background:white; padding:0in 0in 0in 0in;height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"><font style="font-size:9.0pt;color:black;">Convertible preferred stock</font></font></font><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"><font style="font-size:9.0pt;"></font></font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.2pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"><font style="font-size:9.0pt;color:black;"> </font></font></font></p>
</td>
<td width="14" valign="bottom" style="width:10.5pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"></font></font>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"><font style="font-size:9.0pt;color:black;"> </font></font></font></p>
</td>
<td width="64" valign="bottom" style="width:48.35pt;border:none;border-bottom: solid windowtext 1.0pt;mso-border-bottom-alt:solid windowtext .5pt; background:white;padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"><font style="font-size:9.0pt;color:black;">7,545,333</font></font></font></p>
</td>
<td width="8" valign="bottom" style="width:6.2pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"></font></font>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"><font style="font-size:9.0pt;color:black;"> </font></font></font></p>
</td>
<td width="8" valign="bottom" style="width:6.2pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"></font></font>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"><font style="font-size:9.0pt;color:black;"> </font></font></font></p>
</td>
<td width="14" valign="bottom" style="width:10.5pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"></font></font>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"><font style="font-size:9.0pt;color:black;"> </font></font></font></p>
</td>
<td width="65" valign="bottom" style="width:48.45pt;border:none;border-bottom: solid windowtext 1.0pt;mso-border-bottom-alt:solid windowtext .5pt; background:white;padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"><font style="font-size:9.0pt;color:black;">7,572,000</font></font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.2pt;background:white;padding:0in 0in 0in 0in; height:12.4pt;"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"></font></font>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"><font style="font-size:9.0pt;color:black;"> </font></font></font></p>
</td>
</tr>
<tr style="mso-yfti-irow:6;mso-yfti-lastrow:yes;height:12.4pt;">
<td width="532" valign="bottom" style="width:399.25pt;background:#CCEEFF; padding:0in 0in 0in 0in;height:12.4pt;">
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"><font style="font-size:9.0pt;">Total</font></font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.2pt;background:#CCEEFF;padding:0in 0in 0in 0in; height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"><font style="font-size:9.0pt;color:black;"> </font></font></font></p>
</td>
<td width="14" valign="bottom" style="width:10.5pt;background:#CCEEFF;padding: 0in 0in 0in 0in;height:12.4pt;"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"></font></font>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"><font style="font-size:9.0pt;color:black;"> </font></font></font></p>
</td>
<td width="64" valign="bottom" style="width:48.35pt;border:none;border-bottom: double windowtext 1.5pt;mso-border-top-alt:solid windowtext .5pt;background: #CCEEFF;padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"><font style="font-size:9.0pt;color:black;">13,174,082</font></font></font></p>
</td>
<td width="8" valign="bottom" style="width:6.2pt;background:#CCEEFF;padding:0in 0in 0in 0in; height:12.4pt;"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"></font></font>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:3.3pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark: _c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"><font style="font-size:9.0pt;color:black;"> </font></font></font></p>
</td>
<td width="8" valign="bottom" style="width:6.2pt;background:#CCEEFF;padding:0in 0in 0in 0in; height:12.4pt;"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"></font></font>
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:3.3pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"><font style="font-size:9.0pt;color:black;"> </font></font></font></p>
</td>
<td width="14" valign="bottom" style="width:10.5pt;background:#CCEEFF;padding: 0in 0in 0in 0in;height:12.4pt;"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"></font></font>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"><font style="font-size:9.0pt;color:black;"> </font></font></font></p>
</td>
<td width="65" valign="bottom" style="width:48.45pt;border:none;border-bottom: double windowtext 1.5pt;mso-border-top-alt:solid windowtext .5pt;background: #CCEEFF;padding:0in 0in 0in 0in;height:12.4pt;">
<p align="right" style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:right;"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"><font style="font-size:9.0pt;color:black;">14,195,375</font></font></font></p>
</td>
<td width="7" valign="bottom" style="width:5.2pt;background:#CCEEFF;padding:0in 0in 0in 0in; height:12.4pt;"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"></font></font>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_c37f6e04_1d15_4a93_9b08_bd21f2f3c795;"><font style="mso-bookmark:_4924189b_408d_4e6e_aabf_d9510f6bb612;"><font style="font-size:9.0pt;"> </font></font></font></p>
</td>
</tr>
</table>
<!--EndFragment--> </div>
34111000
34437000
<div> <!--StartFragment-->
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><a name="_7ab224c0_c930_49c2_a6fc_9570e617b2cf"><b><font style="color:black;">Note 6: Shareholders’ Equity</font></b></a></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_7ab224c0_c930_49c2_a6fc_9570e617b2cf;"><font style="font-size:8.0pt;"> </font></font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_7ab224c0_c930_49c2_a6fc_9570e617b2cf;"><b><i><font style="color:black;">Preferred Stock - Series B Convertible Preferred Stock
(“the Preferred Stock – Series B”)</font></i></b></font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_7ab224c0_c930_49c2_a6fc_9570e617b2cf;"><font style="font-size:8.0pt;"> </font></font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_7ab224c0_c930_49c2_a6fc_9570e617b2cf;"><font style="color:black;">As of March 31, 2012, there were 5,659 shares of Preferred
Stock – Series B issued and outstanding.</font></font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_7ab224c0_c930_49c2_a6fc_9570e617b2cf;"><font style="font-size:8.0pt;"> </font></font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_7ab224c0_c930_49c2_a6fc_9570e617b2cf;"><b><i><font style="color:black;">Common Stock</font></i></b></font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_7ab224c0_c930_49c2_a6fc_9570e617b2cf;"><font style="font-size:8.0pt;"> </font></font></p>
<font style="mso-bookmark:_7ab224c0_c930_49c2_a6fc_9570e617b2cf;"><font style="font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';color:black;mso-ansi-language:EN-US;mso-fareast-language:EN-US;mso-bidi-language:AR-SA;">For the three months ended March 31, 2012, the
Company received approximately $29 thousand for 24,000 stock options
exercised.<font style="mso-spacerun:yes;">   </font>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.<font style="mso-spacerun:yes;">  </font><font style="mso-spacerun:yes;"> </font>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.</font></font><!--EndFragment--> </div>
<div> <!--StartFragment-->
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';mso-outline-level:1;"><a name="_7f96bed6_eea9_47a3_a7c0_571e796cd280"><b><font style="color:black;">Note
10: Subsequent Events </font></b></a></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_7f96bed6_eea9_47a3_a7c0_571e796cd280;"> </font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_7f96bed6_eea9_47a3_a7c0_571e796cd280;">On
May 8, 2012, the Company entered into a new employment agreement with Paul
Campbell under which he will continue serving as the Company’s Chief Financial
Officer and Treasurer. The agreement will expire on December 31,
2013. Mr. Campbell will be paid an annual salary of $318,000 and
receive stock options valued at $82,400 on May 8, 2012. The agreement
provides that he will receive equity in the form of stock options or restricted
stock valued at $123,600 on December 31, 2012.</font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-indent:.5in;"><font style="mso-bookmark:_7f96bed6_eea9_47a3_a7c0_571e796cd280;"><font style="color:#1F497D;"> </font></font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_7f96bed6_eea9_47a3_a7c0_571e796cd280;">Pursuant
to the employment agreement, Mr. Campbell’s employment may be terminated by the
Company with or without cause and he may terminate his employment for Good
Reason (as defined in the agreement), among other reasons.<font style="mso-spacerun:yes;">  </font>If Mr. Campbell’s employment is terminated
without cause or if he terminates it for Good Reason, then Mr. Campbell,
at the Company’s sole discretion, shall be entitled to the lesser of
(i) the total amount of his base salary that remains unpaid under the
employment agreement, which shall be paid monthly or (ii) monthly salary
payments for twelve (12) months, based on his monthly rate of base salary
at the date of such termination. Mr. Campbell shall also be entitled to receive
(i) payment for accrued and unpaid vacation pay and (ii) all bonuses that have
accrued during the term, but have not been paid. Additionally, any non-vested
options held by Mr. Campbell shall vest immediately. If the agreement is
terminated with cause or if Mr. Campbell terminates it without Good Reason then
Mr. Campbell shall cease to accrue salary, personal time off, benefits and
other compensation on the date of such termination. If Mr. Campbell’s
employment is terminated or his position significantly changed or salary
decreased as a result of the acquisition of the Company, Mr. Campbell shall be
entitled to severance equal to the amount he would have been due if he had been
terminated without cause.</font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';"><font style="mso-bookmark:_7f96bed6_eea9_47a3_a7c0_571e796cd280;"> </font></p>
<p style="mso-style-unhide:no;mso-style-qformat:yes;mso-style-parent:'';margin:0in;margin-bottom:.0001pt;mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';text-align:justify;"><font style="mso-bookmark:_7f96bed6_eea9_47a3_a7c0_571e796cd280;">The
foregoing descriptions of the employment agreement does not purport to be
complete and is qualified in their entirety by reference to this agreement
which is attached as an exhibit to this 10-Q and is incorporated into this Item
by reference.</font></p>
<font style="font-size:10.0pt;font-family:'Times New Roman','serif';mso-fareast-font-family:'Times New Roman';mso-ansi-language:EN-US;mso-fareast-language:EN-US;mso-bidi-language:AR-SA;"><br style="clear: both;mso-special-character:line-break;page-break-before:always;" />
</font><!--EndFragment--> </div>
25000
25000
95000
95000
21522716
23507172
21522716
23507172