Annual report pursuant to Section 13 and 15(d)

STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY

v2.4.0.6
STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (USD $)
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Notes Receivable from Stockholders [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Total
Balance at Dec. 31, 2010 $ 148,423 $ 221,856,095 $ (170,705,241) $ (954,647) $ 2,139,739 $ 52,484,369
Balance, shares (in Shares) at Dec. 31, 2010 14,842,283          
Treasury stock purchase and retirement (754) (112,544)       (113,298)
Treasury stock purchase and retirement (in Shares) (75,402)          
Conversion of convertible notes 3,243 639,176       642,419
Conversion of convertible notes (in Shares) 324,326          
Stock based compensation   408,492       408,492
Restricted stock issued 4,143 (4,143)        
Restricted stock issued, shares (in Shares) 414,284          
Restricted stock units vested 650 (650)        
Restricted stock units vested, shares (in Shares) 65,000          
Foreign currency translation ad-justment         (769,515) (769,515)
Net loss     (11,527,005)     (11,527,005)
Balance at Dec. 31, 2011 155,705 222,786,426 (182,232,246) (954,647) 1,370,224 41,125,462
Balance, shares (in Shares) at Dec. 31, 2011 15,570,491         15,570,491
Stock based compensation   447,680       447,680
Restricted stock issued 5,176 (5,176)        
Restricted stock issued, shares (in Shares) 517,582          
Restricted stock units vested 632 (632)        
Restricted stock units vested, shares (in Shares) 63,225          
Write-down of shareholder loans   (46,593)   46,593    
Foreign currency translation ad-justment         (135,363) (135,363)
Net loss     (3,016,677)     (3,016,677)
Balance at Dec. 31, 2012 $ 161,513 $ 223,181,705 $ (185,248,923) $ (908,054) $ 1,234,861 $ 38,421,102
Balance, shares (in Shares) at Dec. 31, 2012 16,151,298         16,151,298