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5. Deferred Rent
6 Months Ended
Jun. 30, 2012
Notes to Financial Statements  
NOTE 5 - Deferred Rent

During the three months ended June 30, 2012, the Company recorded $785,112 in deferred rent. This amount represents leasehold improvements funded by the Company’s landlord as incentives under the facility lease, which was amended in March 2012.  The deferred rent will be amortized as a reduction to lease expense over the lease term, commencing in the third quarter of 2012.