XML 27 R18.htm IDEA: XBRL DOCUMENT  v2.3.0.11
STOCK OPTIONS
 6 Months Ended
Jun. 30, 2011
Stock Options [Abstract]  
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]
STOCK OPTIONS
 
The following table summarizes stock option activity during the six months ended June 30, 2011:
 
 
Number of
Options
 
Weighted Average
Exercise Price
Balance at January 1, 2011
2,565,001


 
$
2.11


Granted
2,335,500


 
1.17


Exercised
(10,000
)
 
(0.70
)
Forfeited
(227,001
)
 
(2.06
)
Cancelled
(349,500
)
 
(6.67
)
Balance at June 30, 2011
4,314,000


 
$
1.22


Exercisable at June 30, 2011
2,587,715


 
$
1.30


During the six months ended June 30, 2011, we granted options exercisable to purchase 2,335,500 shares of common stock at a weighted average exercise price of $1.17 under our 2006 Equity Incentive Plan.