Annual report pursuant to Section 13 and 15(d)

Statements of Changes in Shareholders' Equity (Deficit)

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Statements of Changes in Shareholders' Equity (Deficit) (USD $)
Total
Common Stock
Additional Paid In Capital
Accumulated Deficit
Beginning Balances at Dec. 31, 2010 $ (1,899,316) $ 5,663 $ 31,412,069 $ (33,317,048)
Beginning Balances, Shares at Dec. 31, 2010   5,663,076    
Issuance of restricted common stock, net of tax payments/expenses   140 (140)  
Issuance of restricted common stock, net of tax payments/expenses, Shares   140,000    
Compensation expense relating to option issuances 1,140,324   1,140,324  
Compensation expense relating to restricted stock 121,893   121,893  
Issuance of stock retention awards 140,400 94 140,306  
Issuance of stock retention awards, Shares   93,600    
Retirement of treasury stock (3,751) (3) (3,748)  
Retirement of treasury stock, Shares   (2,500)    
Net loss (7,678,868)     (7,678,868)
Ending Balances at Dec. 31, 2011 (8,179,318) 5,894 32,810,704 (40,995,916)
Ending Balances, Shares at Dec. 31, 2011 5,894,176 5,894,176    
Issuance of restricted common stock, net of tax payments/expenses 668,383 457 667,926  
Issuance of restricted common stock, net of tax payments/expenses, Shares   456,822    
Issuance of common stock, net of expenses 27,505,364 21,037 27,484,327  
Issuance of common stock, net of expenses, Shares   21,036,832    
Issuance of warrants 1,939,728   1,939,728  
Compensation expense relating to option issuances 229,502   229,502  
Compensation expense relating to restricted stock 158,433   158,433  
Forfeiture of restricted common stock   (5) 5  
Forfeiture of restricted common stock, Shares   (5,000)    
Net loss (13,090,446)     (13,090,446)
Ending Balances at Dec. 31, 2012 $ 9,231,646 $ 27,383 $ 63,290,625 $ (54,086,362)
Ending Balances, Shares at Dec. 31, 2012 27,382,830 27,382,830