Exhibit 11

	Year Ended December 31,
	2011			2010
Basic:
Weighted average shares outstanding		33,643,384			15,749,465
Net loss (in thousands)	$	(5,142	)	$	(18,098	)
Basic loss per share	$	(0.15	)	$	(1.15	)
Diluted:
Weighted average shares outstanding		33,643,384			15,749,465
Net effect of dilutive stock options and warrants based on the treasury stock method using the year-end market price, if higher than average market price		-			-
Total		33,643,384			15,749,465
Net loss (in thousands)	$	(5,142	)	$	(18,098	)
Diluted loss per share	$	(0.15	)	$	(1.15	)