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Stockholders' Equity (Tables)
6 Months Ended
Jun. 30, 2012
Stockholders' Equity [Abstract]  
Weighted average for key assumptions used in determining the fair value of options granted
     

Expected price volatility

  82.71%-82.97%

Risk-free interest rate

  0.76%-1.02%

Weighted average expected life in years

  6 years

Dividend yield

  —  
Summary of stock option activity
                         
    Number of
Shares
    Weighted Average
Exercise Price Per
Share
    Aggregate
Intrinsic
Value
 

Outstanding at January 1, 2012

    4,553,251     $ 3.66          

Granted in 2012:

                       

Officers and Directors

    223,674       1.85          

Others

    360,540       2.14          

Exercised

    (179,178 )      2.29          

Forfeitures

    (250,741 )      3.26          
   

 

 

                 

Outstanding at June 30, 2012

    4,707,546     $ 3.50     $ 6,171,895  
   

 

 

   

 

 

   

 

 

 
Summary of stock options outstanding
                                 

Range of Exercise Prices

  Number
Outstanding
    Weighted
Average
Remaining
Contractual
Life (Years)
    Weighted
Average
Exercise
Price
    Aggregate
Intrinsic
Value
 

$ 1.00 – 5.00

    3,796,301       6.28     $ 2.87          

$ 5.01 – 10.00

    911,245       5.17     $ 6.30          
   

 

 

                         
      4,707,546                     $ 6,171,895  
   

 

 

                   

 

 

 
Summary of stock options exercisable
                                 

Range of Exercise Prices

  Number
Exercisable
    Weighted
Average
Remaining
Contractual
Life (Years)
    Weighted
Average
Exercise
Price
    Aggregate
Intrinsic
Value
 

$ 1.00 – 5.00

    2,979,443       5.56     $ 2.95          

$ 5.01 – 10.00

    911,245       5.17     $ 6.30          
   

 

 

                         
      3,890,688                     $ 4,619,278  
   

 

 

                   

 

 

 
Summary of non-vested stock options
                         

Nonvested Shares

  Shares     Weighted
Average
Grant Date
Fair Value
    Aggregate
Intrinsic
Value
 

Nonvested at January 1, 2012

    786,188                  

Granted

    390,206                  

Vested

    (289,952 )                 

Forfeited

    (69,584 )                 
   

 

 

   

 

 

   

 

 

 

Nonvested at June 30, 2012

    816,858     $ 2.72     $ 1,552,617  
   

 

 

   

 

 

   

 

 

 
Summary of warrants outstanding to purchase Common Stock
                                 

Range of Exercise Prices

  Number
Outstanding
    Weighted
Average
Remaining
Contractual
Life (Years)
    Weighted
Average
Exercise
Price
    Aggregate
Intrinsic
Value
 

$ 0.01 – 5.00

    2,291,301       2.45     $ 3.80     $ 1,987,505