Stock-Based Compensation (Tables)

6 Months Ended

Jun. 30, 2012

Notes to Financial Statements

Stock-Based Compensation

	Number of	Exercise	Fair	Remaining
	Shares	Price	Value	Contractual Life
Outstanding at December 31, 2011	1,318,000	$         0.25	$     0.16
Granted at market price	533,000	1.59	0.82
Exercised	(65,750)
Forfeited	(90,000)
Outstanding at June 30, 2012	1,695,250	0.60	0.33	7.8
Exercisable	407,083	$         0.25	$     0.16	8.0

Stock-Based Compensation

	Exercisable		Unexercisable		Total
		Weighted		Weighted		Weighted
	Number	Average	Number	Average	Number	Average
Range of Exercise Prices	Outstanding	Exercise Price	Outstanding	Exercise Price	Outstanding	Exercise Price
$.25 per share	407,083	$           0.25	770,167	0.25	1,177,250	$           0.25
$1.59 per share	-	-	518,000	1.59	518,000	$           1.59