Interest Expense and Share Issuance

12 Months Ended

Dec. 31, 2011

Interest Expense and Share Issuance [Abstract]

Interest Expense and Share Issuance

15.          Interest Expense and Share Issuance

In connection with the convertible notes issued in 2008 and 2009, note holders converted 100% of the outstanding principal and interest owing on such notes into shares of common stock and warrants in connection with the closing of the financings on July 30, 2010 and pursuant to a Waiver and Agreement to Convert, dated May 20, 2010.  The Company incurred $439,000 of interest expense related to the notes in the year ended December 31, 2010.  This amount includes the balance of the unamortized amount that was remaining on the original issue discount due to the conversion of the notes into shares and common stock.

Also, as set forth in the related documents and with the consent of the note holders, we issued 8,708 shares to the note holders as payment for convertible note interest of approximately $133,000 for the year ended December 31, 2010 (none in 2011).