Quarterly report pursuant to Section 13 or 15(d)

Stock Options

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Stock Options
6 Months Ended
Jun. 30, 2012
Stock Options [Abstract]  
Stock Options

8.    Stock Options

The Company granted 221,076 shares of stock options for the six months ended June 30, 2012. Stock-based compensation expense was $149,826 and $30,000 for the three months and $307,686 and $60,000 for the six months ended June 30, 2012 and 2011, respectively. Total future stock compensation expense related to nonvested awards is expected to be approximately $2,016,000 at June 30, 2012.

Subsequent to June 2012, the Company granted stock options for an additional 15,000 shares to employees.