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Convertible note and warrants (Tables)
6 Months Ended
Jun. 30, 2012
Warrants and Rights Note Disclosure [Abstract]  
Senior Secured Convertible Note [Table Text Block]

Senior Secured Convertible Note consists of the following as of:

 

 

 

June 30, 2012

 

 

December 31, 2011

 

Senior secured convertible note

 

$

3,500

 

 

$

 

Less: unamortized debt discount

 

 

(957

)

 

 

 

Convertible notes

 

$

2,543

 

 

 

 

Activity Of Convertible Note [Table Text Block]

The following sets forth the Company’s activity related to its Note during the three and six-months ended June 30, 2012 and 2011, respectively:

 

 

 

Three and six months ended,

 

 

 

June 30, 2012

 

 

June 30, 2011

 

Proceeds from issuance of convertible notes payable

 

$

3,500

 

 

$

 

Fair value of warrants recorded as corresponding debt discount

 

 

500

 

 

 

 

Beneficial conversion feature on convertible note

 

 

500

 

 

 

 

Amortization of debt discount

 

 

43

 

 

 

 

Interest expense

 

 

23

 

 

 

 

Amortization of deferred financing costs

 

 

33