Subsequent Events (Unaudited) |
9 Months Ended |
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Sep. 30, 2011 | |
Subsequent Events (Unaudited) [Abstract] | |
Subsequent Events (Unaudited) |
(7) Subsequent Events (Unaudited)
On November 10, 2011, we closed the sale of approximately 3.71 million shares of our common stock and warrants to purchase 3.71 million shares of our common stock for gross proceeds of approximately $5.39 million. We sold the shares and warrants for $1.45 per unit (each consisting of one share of common stock and a warrant to purchase 0.5 of a share of common stock at $1.67 per whole share exercisable for two and one half years and a warrant to purchase 0.5 of a share of common stock at $2.00 per whole share exercisable for five years).
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