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Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2013
Summary of Significant Accounting Policies [Abstract]  
Held-to-Maturity Investments

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

June 30, 2013 (unaudited)

 

 

 

Amortized Cost

 

 

Gross Unrecognized Gains

 

 

Gross Unrecognized Losses

 

 

Aggregate Fair Value

Current investments:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Corporate debt securities

 

$

503 

 

$

 

$

 

$

503 

Certificates of deposit

 

 

8,250 

 

 

 

 

 

 

8,250 

Total current investments

 

$

8,753 

 

$

 

$

 

$

8,753 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2012

 

 

 

Amortized Cost

 

 

Gross Unrecognized Gains

 

 

Gross Unrecognized Losses

 

 

Aggregate Fair Value

Current investments:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Corporate debt securities

 

$

1,520 

 

$

 

$

 

$

1,520 

Certificates of deposit

 

 

7,000 

 

 

 

 

 

 

7,000 

Total current investments

 

$

8,520 

 

$

 

$

 

$

8,520 

 

 

 

 

 

 

 

 

 

 

 

 

 

Long-term investments:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Corporate debt securities

 

$

500 

 

$

 

$

 

$

500 

 

Schedule of Earnings Per Share, Basic and Diluted

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

June 30, 2012

 

 

June 30, 2012

 

 

(unaudited)

 

 

(unaudited)

 

 

Income

 

 

Shares

 

 

Per Share Amount

 

 

Income

 

 

Shares

 

 

Per Share Amount

Basic EPS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Income

$

577 

 

 

 

 

 

 

 

$

125 

 

 

 

 

 

 

Income allocated to participating securities

 

140 

 

 

 

 

 

 

 

 

30 

 

 

 

 

 

 

Income allocated to common shares

$

437 

 

 

23,469,777 

 

$

0.02 

 

$

95 

 

 

23,488,475 

 

$

0.00 

Diluted EPS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted potential common shares (1)

 

 

 

 

1,697,828 

 

 

 

 

 

 

 

 

1,856,304 

 

 

 

Income allocated to common shares

$

437 

 

 

25,167,605 

 

$

0.02 

 

$

95 

 

 

25,344,779 

 

$

0.00 

 

(1) Dilutive potential common shares consist of shares of common stock issuable upon exercise of outstanding stock options and warrants. 

Potentially Dilutive Common Stock Equivalents

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended June 30,

 

Six months ended June 30,

 

 

2013

 

2012

 

2013

 

2012

Options and warrants

 

5,605,713 

 

3,005,164 

 

5,605,713 

 

2,704,361 

Convertible preferred stock

 

7,545,333 

 

 

 

7,545,333 

 

 

Total potentially dilutive common stock equivalents

 

13,151,046 

 

3,005,164 

 

13,151,046 

 

2,704,361