Subsequent Events

3 Months Ended

Mar. 31, 2012

Subsequent Events [Abstract]

Subsequent Events

14. Subsequent Events

On May 7, 2012, the Company entered into agreements to raise approximately $18.5 million.The financing includes a $10 million private offering of common stock and $8.5 million of unsecured, subordinated, convertible promissory debentures.The Company will raise $10 million through the issuance of approximately 21.7 million shares of common stock and 6-year warrants to purchase approximately 21.7 million additional shares of common stock.In connection with the debentures, the Company issued warrants to purchase common stock equal to 100% of the shares underlying the debentures, or approximately 25.2 million shares.Net proceeds from these financings will be used to repay $7 million of the revolving credit facility guarantee provided by the Lenders. The Company also amended its credit agreement with its primary lender, including extending its revolving credit facility to March 31, 2013 and decreasing the availability from $20 million to $13 million.