Accrued Expenses

12 Months Ended

Dec. 31, 2011

Accrued Expenses [Abstract]

Accrued Expenses

Note 6 — Accrued Expenses

Accrued expenses as of December 31, 2011 and 2010 were as follows:

	December 31,
	2011		2010
Accrued Management Bonus	$	79,000	$	—
Accrued Directors' Compensation		30,000		77,000
Accrued Accounting		15,000		40,000
Accrued Legal		52,000		127,000
Accrued Debt Issuance Costs and Rights Offering fees		—		140,000
Accrued Interest		—		15,000
Accrued Proxy and Annual Report fees		—		42,000
Accrued Other		19,000		40,000
Accrued Expenses	$	195,000	$	481,000