Stockholders' Equity

6 Months Ended

Jun. 30, 2012

Notes to Financial Statements

NOTE 7 - Stockholders' Equity

The changes in consolidated stockholders’ equity for the three months ended June 30, 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		26,159		16		6					22
Share-based compensation expense		−		−		18		−			18
Net income		−		−		−		845			845
Balance at June 30, 2012		13,545,482	$	8,127	$	24,594	$	(3,767	)	$	28,954