Common Stock

6 Months Ended

Jun. 30, 2011

Common Stock

Common Stock

Note 13 — Common Stock

The Company's certificate of incorporation, as amended November 9, 2009, authorizes the Company to issue up to 80 million shares of common stock, par value $0.0001 per share, and 100,000 shares of one or more series of preferred stock, par value $0.0001 per share.

A reconciliation of changes in shares of the Company's common stock issued during the six months ended June 30, 2011 is as follows:

Shares issued at December 31, 2010	36,753,891
Issued in sale of common stock	3,665,000
Issued upon conversion of preferred stock	4,871,719
Issued in payment of term loan principal	171,154
Issued in exchange of convertible notes	559,007
Issued upon exercise of warrants	3,785,750
Issued as dividend payments on preferred stock	624,171
Issued as restricted stock award grants	1,075,864
Issued upon exercise of stock options	46,750
Shares issued at June 30, 2011	51,553,306