Stock-Based Compensation (Tables)

9 Months Ended

Sep. 30, 2012

Notes to Financial Statements

Stock-Based Compensation

		Weighted	Weighted	Weighted
		Average	Average	Average
	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	(504,167)
Outstanding at September 30, 2012	1,281,083	0.78	0.42	8.5
Exercisable	587,083	$             0.25	$         0.16	7.8

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	587,083	$         0.25	192,000	0.25	779,083	$         0.25
$1.59 per share	-	-	502,000	1.59	502,000	$         1.59