Income Taxes

3 Months Ended

Sep. 30, 2012

Income Tax Disclosure [Abstract]

Income Taxes

8. Income Taxes

For the nine months ended September 30, 2012, the Company maintained its valuation allowance for deferred tax assets. The company has approximately $9,200,000 of other net operating loss carryforwards that may be utilized when the Company generates taxable income. Management has assessed the potential utilization of other net operating loss carryforwards including those that will be generated in 2012 and determined that it is more likely than not that the Company will be able to generate taxable income to utilize a portion of the net operating losses with expiration dates of 2018 through 2031.