Equity-Based Compensation (Tables)

6 Months Ended

Jun. 30, 2012

Equity-Based Compensation [Abstract]

Fair Value, Weighted Average Assumtions [Table Text Block]

	Six Months Ended June 30,
	2012	2011
Risk-free interest rate	0.68% - 0.86%	1.40% - 2.24%
Expected dividend yield	-	-
Expected lives	5.0 years	5.0 years
Expected volatility	108.76%-108.96%	104.29 - 104.47%
Weighted average grant date fair value per options and warrants issued	$0.21 per option for 1,439,000 options	$0.32 per option for 430,000 options

Stock Option Activity [Table Text Block]

Stock option activity for employees:

	Number of Options	Weighted Average Exercise Price	Weighted Average Remaining Contractual Term(Years)	Aggregate Intrinsic Value
Outstanding January 1, 2012	8,252,480	$2.11	5.75	$0
Granted	1,139,000	0.35	10.00	0
Forfeited	(10,000)	1.30	5.50	0
Outstanding June 30, 2012	9,381,480	$1.90	5.83	$0
Vested and expected to vest June 30, 2012	9,381,480	$1.90	5.83	$0
Exercisable June 30, 2012	8,267,272	$2.10	5.29	$0

Options to purchase 1,139,000 shares were granted to employees during the six months ended June 30, 2012 that were issued at a premium value of 110% of the NYSE MKT stock closing price and vest one year from the issuance date.The weighted average grant-date fair values of the options granted during the six months ended June 30, 2012 and 2011 were $245,000 and $126,000, respectively.

Unvested stock option activity for employees:

	Number of Options	Weighted Average Exercise Price		Average Remaining Contractual Term (Years)	Aggregate Intrinsic Value
Outstanding January 1, 2012	148,333	$0.49		9.52	$0
Granted	1,039,209	0.42		10.00	0
Vested	(63,334)		0.32	9.45	0
Forfeited	(10,000)	1.30		5.50	0
Outstanding June 30, 2012	1,114,208	$  0.42		9.94	$ 0

Stock option activity for non-employees:

	Number of Options	Weighted Average Exercise Price	Weighted Average Remaining Contractual Term (Years)	Aggregate Intrinsic Value
Outstanding January 1, 2012	3,128,432	$1.87	5.25	$0
Granted	300,000	0.29	10.00	0
Exercised	0	0	0	0
Forfeited	0	0	0	0
Outstanding June 30, 2012	3,428,432	$1.73	5.21	$0
Vested and expected to vest June 30, 2012	3,428,432	$1.73	5.21	$0
Exercisable June 30, 2012	2,982,595	$1.92	4.73	$0

Options to purchase 300,000 shares were granted to employees during the six months ended June 30, 2012 that were issued at a premium value of 110% of the NYSE MKT stock closing price and vest one year from the issuance date. The weighted-average grant-date fair value of non-employee options granted during the six months ended June 30, 2012 and 2011 was approximately $60,000 and $12,700, respectively.

Unvested stock option activity for non-employees during the year:

	Number of Options	Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (Years)	Aggregate Intrinsic Value
Outstanding January 1, 2012	256,250	$0.71		8.55	$0
Options granted	300,000	0.29		10.00	0
Options vested	(110,413)		0.67	7.57	0
Options forfeited	0	0		0	0
Outstanding June 30, 2012	445,837	$0.44		9.48	$0