1. DESCRIPTION OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables 2)

6 Months Ended

Jun. 30, 2012

Description Of Business And Summary Of Significant Accounting Policies Tables 2

Warrant liability

The following table sets forth the Company’s financial assets and liabilities measured at fair value on a recurring basis and where they are classified within the hierarchy as of June 30, 2012:

	Total		Level 1		Level 2		Level 3
Warrant liability	$	910		–		–	$	910

Warrant liability - fair value measurements using significant unobservable inputs

Warrant liability - fair value measurements using significant unobservable inputs (Level 3)
Balance at March 31, 2012	$	1,641
Change in fair value of warrant liability included in earnings		(731	)
Balance at June 30, 2012	$	910