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Shares Issued Through Equity Offering Program
9 Months Ended
Sep. 30, 2012
Shares Issued Through Equity Offering Program  
Shares Issued Through Equity Offering Program

Note 15 — Shares Issued Through Equity Offering Program

 

On August 9, 2012, the Company entered into an equity offering sales agreement to sell shares of the Company’s common stock from time to time with an aggregate sales price of up to $50,000,000, through an “at the market” equity offering program.  During August and September 2012, the Company sold 120,844 shares for proceeds of $2,296,041, net of commissions of $23,000, and incurred offering costs of $143,000.