Severance Liability (Tables)

12 Months Ended

Dec. 31, 2012

The Company estimated the fair value of each stock-based award granted during the years ended December 31, 2012 and 2011 on the date of grant using a binomial model, with the assumptions set forth in the following table:

	2012			2011
Estimated volatility		70% - 174	%		154% - 221	%
Annualized forfeiture rate		0.0% - 9.79	%		0.0% - 5.0	%
Expected option term (years)		0.25 – 10.00			0.25 – 10.00
Estimated exercise factor		5 - 15			2 - 20
Approximate risk-free interest rate		0.08% - 2.04	%		0.02% - 3.24	%
Expected dividend yield		—			—

Salary continuation and medical coverage payments

The following table summarizes the salary continuation and medical coverage payments during the period ended December 31, 2012.

	Compensation			Medical Coverage			Total
Balance at April 12, 2012	$	433,700		$	24,900		$	458,600
Accrued interest		34,500			1,800			36,300
Payments		(218,100	)		(14,400	)		(232,500	)
Balance at December 31, 2012	$	250,100		$	12,300		$	262,400

- Definition

Tabular disclosure of restructuring and related costs by type of restructuring including the description of the restructuring costs, such as the expected cost; the costs incurred during the period; the cumulative costs incurred as of the balance sheet date; the income statement caption within which the restructuring charges recognized for the period are included; and changes to an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost.

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