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Stock-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2012
Stock-Based Compensation [Abstract]  
Summary of the combined activity under all of the stock option plans
 
 
Number of Options Outstanding
   
Weighted Average Exercise Price
 
Outstanding at January 1, 2012
   
19,324
   
$
92.19
 
Granted
   
1,505,000
     
4.29
 
Cancelled or expired
   
(8,124
   
69.36
 
Exercised
   
---
     
---
 
Outstanding at September 30, 2012
   
1,516,200
   
$
5.06
 
 
Summary of assumptions used to value stock options granted to employees and directors
 
For the Nine
   
Months Ended
September 30, 2012
     
 Annual dividend yield
   
--
 Expected life (years)
   
3.85
 Risk-free interest rate
   
0.43% - 0.58%
 Expected volatility
   
177% - 186%
 
Stock based compensation expense related to stock options and warrants
 
   
Three months ended
September 30, 2011
   
Three months ended
September 30, 2012
 
Stock-based compensation
  $ 45     $ 606  
   
Nine months ended
September 30, 2011
   
Nine months ended
September 30, 2012
   
Remaining unamortized expense at
September 30, 2012
 
                Stock-based compensation
 
$
517
   
$
2,957
   
$
3,222
 
 
Summary of all warrant activity
 
September 30, 2012
 
Outstanding and exercisable
 
Warrants
   
Weighted Average Exercise Price
   
Weighted Average Remaining Contractual Life
 
January 1, 2012
   
5,405,606
   
$
0.57
     
3.56
 
   Issued
   
--
   
$
--
     
--
 
   Expired/forfeited
   
(62,384
   
1.25
     
--
 
   Exercised
   
(343,817
)
 
$
1.03
     
--
 
Outstanding and exercisable, September 30, 2012
   
4,999,405
   
$
1.60
     
1.63
 
 
Summary of outstanding warrants to purchase common stock
 
Description
 
Issue Date
   
Exercise Price
   
Shares
   
Expiration Date
 
                                 
August 2009 Employee Warrants
 
8/25/2009
    $ 0.50       240,000    
8/25/2016
 
January 2010 Investor Warrant
 
1/28/2010
    $ 1.00       40,000    
1/28/2013
 
2007 Debt Extension Warrants
 
9/22/2010
    $ 1.00       16,000    
9/22/2015
 
September 2010 Repricing Warrant
 
9/28/2010
    $ 1.38       4,000    
9/28/2013
 
October 2010 Repricing Warrants
 
10/18/2010
    $ 1.38       2,312,362    
10/18/2013
 
October 2010 Employee Warrants
 
10/15/2010
    $ 1.38       1,400,000    
10/15/2013
 
December 2010 Employee Warrants
 
12/3/2010
    $ 1.63       200,000    
12/3/2015
 
January 2011 Employee Warrant
 
1/21/2011
    $ 2.00       20,000    
1/21/2014
 
February 2011 Legal Advisor Warrant
 
2/22/2011
    $ 2.00       80,000    
2/22/2016
 
March  2011 Investor Warrants
 
3/9/2011
    $ 3.13       612,943    
3/9/2016
 
March  2011 Investor Warrants
 
4/7/2011
    $ 3.13       34,100    
4/7/2016
 
May 2011 Consultant Warrant
 
5/17/2011
    $ 4.05       20,000    
5/17/2014
 
September 2011 Employee Warrant
 
9/12/2011
    $ 3.90       20,000    
9/12/2014
 
Total Warrants Outstanding
                    4,999,405