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Shareholders' Equity (Tables)
9 Months Ended
Sep. 30, 2012
Shareholders' Equity [Abstract]  
Summary of stock options activity
                                 
    Options     Weighted
Average
Exercise
Price
    Weighted
Average
Contractual
Term
    Aggregate
Intrinsic Value
 

Outstanding December 31, 2011

    10,774,078     $ 1.07                  

Granted

    477,500       3.08                  

Exercised

    (689,000     1.02                  

Forfeited or expired

    (200,000     2.25                  
   

 

 

   

 

 

   

 

 

   

 

 

 

Outstanding September 30, 2012

    10,362,578     $ 1.15       4.3     $ 17,388,999  
   

 

 

   

 

 

   

 

 

   

 

 

 

Vested or expected to vest at September 30, 2012

    9,592,648     $ 1.03       4.0     $ 17,102,249  
   

 

 

   

 

 

   

 

 

   

 

 

 
Summary of carrying value of warrant liability
                 
    September 30,
2012
    September 30,
2011
 

Beginning Balance, January 1

  $ 2,157,408     $ 2,581,871  

Issuance of warrants and effect of repricing

    368,524       2,476,790  

Exercise of warrants

    (1,944,688     —    

(Gain) or loss included in earnings

    5,018,224       (1,517,583

Transfers in and/or out of Level 3

    —         —    
   

 

 

   

 

 

 

Ending Balance, September 30

  $ 5,599,468     $ 3,541,078