Stock-Based Compensation Arrangements (Tables)

6 Months Ended

Jun. 30, 2012

Total compensation cost that has been charged against income for stock-based compensation arrangements is as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
	2012		2011		2012		2011
Stock option grants beginning of period	$	48,185	$	44,949	$	94,796	$	73,600
Stock-based arrangements during the period:
Stock option grants		3		14,092		3		54,511
Restricted stock issued:
Employee stock purchase plan		169		1,450		1,332		2,855
	$	48,357	$	60,491	$	96,131	$	130,966

The following table details stock option and restricted stock activity for the six months ended June 30, 2012 and 2011:

	Six Months Ended June 30, 2012					Six Months Ended June 30, 2011
	Shares			Weighted Avg. Exercise Price		Shares			Weighted Avg. Exercise Price
Outstanding, beginning of period		2,228,067		$	1.14		1,611,267		$	1.54
Granted		500			0.34		781,000			0.35
Exercised		(2,500	)		0.00		(2,500	)		0.00
Canceled/Expired		(125,800	)		0.59		(172,500	)		1.18
Outstanding, end of period		2,100,267		$	1.17		2,217,267		$	1.15
Exercisable, end of period		1,393,217		$	1.50		1,086,967		$	1.75