Earnings Per Common Share

9 Months Ended

Sep. 30, 2011

Earnings Per Common Share [Abstract]

Earnings Per Common Share

8. Earnings per Common Share

The following table reconciles the numerators and denominators of the basic and diluted loss per share computations.

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2011			2010			2011			2010
Net loss	$	(5,123,551	)	$	(6,168,384	)	$	(19,241,213	)	$	(5,583,745	)
Basic and Diluted:
Weighted average shares outstanding (denominator)		29,561,655			24,022,954			27,904,879			22,857,121
Net loss per common share basic and diluted	$	(0.17	)	$	(0.26	)	$	(0.69	)	$	(0.24	)

The effects of all stock options and warrants outstanding have been excluded from Common Stock equivalents because their effect would be anti-dilutive.