Stockholders’ Equity

3 Months Ended

Mar. 31, 2012

Notes to Financial Statements

Stockholders’ Equity

7. Stockholders’ Equity

The changes in consolidated stockholders’ equity for the three months ended March 31, 2012 are as follows:

		Common Stock Shares	Common Stock Amount	Additional Paid-In Capital	Accumulated Deficit	Total
Balance at December 31, 2011		13,519,323	$   8,111	$  24,570	$      (4,612)	$     28,069
	Common stock option exercise and issued	23,659	14	6		20
	Share-based compensation expense	−	−	15	−	15
	Net loss	−	−	−	(401)	(401)
Balance at March 31, 2012		13,542,982	$ 8,125	$ 24,591	$ (5,013)	$ 27,703