SHARE-BASED COMPENSATION AND VALUATION OF STOCK OPTIONS AND RESTRICTED STOCK-BASED AWARDS (Tables)

6 Months Ended

Jun. 30, 2012

Disclosure Of Compensation Related Costs, Share-Based Payments [Abstract]

Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

The following table sets forth a summary stock option activity for the six months ended June 30, 2012:

				Weighted-		Weighted-
	Number of			Average Fair		Average Fair
	Shares			Value		Exercise Price
Outstanding at January 1, 2012		1,871,937		$	2.04	$	0.74
Granted		80,000		$	0.12	$	0.20
Forfeited/cancelled		(441,208	)	$	1.43	$	0.81
Outstanding at June 30, 2012		1,510,729		$	1.17	$	0.67

Schedule Of Sharebased Compensation Expense Recored [Table Text Block]

The following tables summarize the total share-based compensation expense the Company recorded for the six and three months ended June 30, 2012 and 2011:

	For the Six Months Ended June 30,
	2012		2011
	(in thousands)
Cost of revenue	$	32	$	101
Selling and marketing		77		479
General and administrative		148		453
Total share-based compensation expense	$	257	$	1,033

Stock options awards to employees	$	176	$	350
Restricted and unrestricted common stock grants		81		683
Total share-based compensation expense	$	257	$	1,033

	For the Three Months Ended June 30,
	2012		2011
	(in thousands)
Cost of revenue	$	29	$	58
Selling and marketing		49		204
General and administrative		87		170
Total share-based compensation expense	$	165	$	432

Stock options awards to employees	$	124	$	348
Restricted and unrestricted common stock grants		41		84
Total share-based compensation expense	$	165	$	432

Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding and Exercisable [Table Text Block]

Average

Weighted

Remaining

Number of

Average

Contractual

Aggregate

Options

Exercise Price

Term (in years)

Intrinsic Value

Options expected to vest

409,906

0.71

7.65

Schedule of Share-based Compensation, Restricted Stock Units Award Activity [Table Text Block]

A summary of restricted stock awards activity is as follows:

				Weighted Average
	Number of Shares			Fair Price

Outstanding at January 1, 2012		347,500		$	1.23
Granted		1,300,000		$	0.20
Vested and issued		(106,500	)	$	1.91
Forfeited		-		$	-
Outstanding at June 30, 2012		1,541,000		$	0.31

Premier Power Renewable Energy, Inc. 10-Q/A