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  <dei:EntityRegistrantName contextRef="c2_From1Jan2011To31Dec2011">MEMSIC INC</dei:EntityRegistrantName> 
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      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;1.&#xd; 
      NATURE OF THE BUSINESS AND OPERATIONS&lt;/font&gt;&#xd;  
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;MEMSIC,&#xd;  
      Inc. (the Company) was incorporated on March&amp;#160;3, 1999 as&#xd; 
      a Delaware corporation. The Company is a leading provider of&#xd;  
      semiconductor sensor systems solutions based on micro&#xd;     
      electromechanical systems (MEMS) technology and advanced&#xd;   
      integrated circuit design. The Company has integrated a MEMS&#xd;  
      technology-based inertial sensor, commonly known as an&#xd; 
      accelerometer, with mixed signal processing circuitry onto a&#xd;  
      single chip using a standard complementary&#xd;    
      metal-oxide-semiconductor (CMOS) process. This proprietary&#xd;     
      technology has allowed for sensor solutions at lower cost,&#xd;     
      higher performance and improved functionality. Utilizing a&#xd;     
      standard CMOS process allows easy integration of additional&#xd; 
      functions and the creation of new sensors to expand into&#xd;   
      magnetic, touch and flow sensors, as well as other MEMS&#xd;  
      application areas beyond accelerometers. Any application that&#xd;   
      requires the control or measurement of motion is a potential&#xd;  
      application for accelerometers. The Company&amp;#8217;s sensor&#xd;    
      and solution products have a wide range of applications for&#xd; 
      consumer electronics, mobile phones, automotive (airbags,&#xd;    
      rollover detection, electronic stability control and&#xd;    
      navigation systems), as well as business, industrial and&#xd;   
      medical applications.&lt;/font&gt;&#xd; 
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;MEMSIC,&#xd;  
      Inc. maintains its corporate headquarters in Massachusetts.&#xd; 
      All manufacturing operations are provided by its wholly-owned&#xd;   
      subsidiary, MEMSIC Semiconductor (Wuxi) Company Limited&#xd;  
      (MEMSIC Semiconductor) and MEMSIC Semiconductor&amp;#8217;s&#xd; 
      wholly owned subsidiary MEMSIC Transducer Systems Company&#xd;    
      Limited (MTS), which are located in the People&amp;#8217;s&#xd;     
      Republic of China (PRC).&lt;/font&gt;&#xd;    
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;On&#xd;  
      November 23, 2011, MEMSIC Transducer Systems, Co. Ltd.&#xd; 
      (&amp;#8220;MTS&amp;#8221;), our wholly-owned subsidiary, entered&#xd;  
      into an Investment Contribution Agreement (&amp;#8220;JV&#xd;   
      Agreement&amp;#8221;) with Wuxi New District Science and&#xd;   
      Technology Financial Investment Group Co. Ltd. (&amp;#8220;Wuxi&#xd;     
      VC Group&amp;#8221;), a state owned Chinese venture capital&#xd; 
      fund.&amp;#160;&amp;#160;The JV Agreement creates a joint venture to&#xd;     
      further design, develop and market MTS&amp;#8217; wireless sensor&#xd;  
      network technology.&lt;/font&gt;&#xd;    
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;In&#xd;  
      connection with the joint venture, a new corporation was&#xd;   
      organized under the laws of the People&amp;#8217;s Republic of&#xd;    
      China (&amp;#8220;PRC&amp;#8221;), named MEMSIC Wuxi Wireless Sensor&#xd;     
      Network Technology Co. Ltd. (&amp;#8220;Wuxi&#xd; 
      WSN&amp;#8221;).&amp;#160;&amp;#160;MTS has a 66.7% ownership of Wuxi WSN&#xd;     
      which is set to begin operation in January 2012.&lt;/font&gt;&#xd;   
    &lt;/div&gt;&lt;br/&gt;</us-gaap:OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock>    
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        &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold&quot;&gt;2.&#xd; 
        ACQUISITION&lt;/font&gt;&#xd;   
      &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;  
        &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman&quot;&gt;On&#xd;  
        January 15, 2010, the Company completed the acquisition of&#xd;  
        assets related to Crossbow Technology, Inc.&amp;#8217;s&#xd;    
        commercial (non-military) Inertial Systems business and&#xd;    
        Wireless Sensor Network &amp;#8220;Mote&amp;#8221; and eKo business&#xd; 
        (collectively, the &amp;#8220;Business&amp;#8221;), including&#xd;     
        intellectual property rights, property and equipment&#xd; 
        relating to the Business and 153 shares of Crossbow Japan&#xd; 
        Limited (Crossbow Japan), representing a 51% ownership of&#xd; 
        the entity.&amp;#160;&amp;#160;The purchase price for the Business&#xd;     
        consisted of a payment of $18 million in cash at the&#xd; 
        closing.&lt;/font&gt;&#xd;     
      &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;  
        &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman&quot;&gt;&lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman&quot;&gt;The&#xd;    
        acquisition has significantly strengthened the&#xd;     
        Company&amp;#8217;s capability to develop integrated sensing&#xd;    
        systems that incorporate sensors with on-board computing,&#xd; 
        wireless communications and systems and application&#xd;     
        software solutions. The acquisition also broadened the&#xd;   
        Company&amp;#8217;s customer base to include&#xd;   
        industrial&lt;/font&gt;&lt;font style=&quot;FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman&quot;&gt;&amp;#160;&lt;/font&gt;&lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman&quot;&gt;and&#xd;     
        aerospace markets that it believes may offer higher margins&#xd;   
        and more stability than the mobile and consumer markets.&#xd;     
        The Company also believes that its strong presence in China&#xd;   
        provides an opportunity to&lt;/font&gt;&lt;font style=&quot;FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman&quot;&gt;&amp;#160;&lt;/font&gt;&lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman&quot;&gt;introduce&#xd;  
        these newly acquired wireless sensor network and inertial&#xd; 
        systems products in the fast-growing Chinese&#xd;   
        market.&lt;/font&gt;&lt;/font&gt;&#xd;  
      &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;  
        &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman&quot;&gt;The&#xd;   
        Company incurred approximately $379,000 acquisition-related&#xd;   
        costs. For the year ended December 31, 2011 and 2010, $0&#xd;     
        and $82,809 were recognized in general and administrative&#xd; 
        expenses in&amp;#160;the consolidated statements of operations,&#xd;  
        respectively. There were no other costs incurred in&#xd;     
        connection with the acquisition.&lt;/font&gt;&#xd;    
      &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
          &lt;font style=&quot;FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold&quot;&gt;Purchase&#xd;    
          Price Allocation&lt;/font&gt;&#xd;     
        &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;    
          &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman&quot;&gt;The&#xd;     
          allocation of the purchase price and the purchase price&#xd; 
          accounting is based on the fair value of the acquired&#xd;    
          assets and liabilities measured as of January 15, 2010 in&#xd;   
          accordance with ASC Topic 805, &lt;font style=&quot;FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman&quot;&gt;Business&#xd; 
          Combinations&lt;/font&gt;.&lt;/font&gt;&#xd;     
        &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;    
          &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman&quot;&gt;The&#xd;     
          purchase price paid for the acquisition is as&#xd; 
          follows:&lt;/font&gt;&#xd;  
        &lt;/div&gt;&lt;br/&gt;&lt;table cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; width=&quot;86%&quot; style=&quot;FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman&quot;&gt;&#xd;     
              &lt;tr style=&quot;background-color: #C0FFFF;&quot;&gt;&#xd;     
                &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;85%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd; 
                  &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;     
                    &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman&quot;&gt;Cash&#xd; 
                    paid&lt;/font&gt;&#xd;   
                  &lt;/div&gt;&#xd; 
                &lt;/td&gt;&#xd;   
                &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd; 
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;   
                &lt;/td&gt;&#xd;   
                &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left&quot;&gt;&#xd; 
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman&quot;&gt;$&lt;/font&gt;&#xd;    
                &lt;/td&gt;&#xd;   
                &lt;td valign=&quot;bottom&quot; width=&quot;12%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right&quot;&gt;&#xd;   
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman&quot;&gt;18,000,000&lt;/font&gt;&#xd;   
                &lt;/td&gt;&#xd;   
                &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd; 
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;   
                &lt;/td&gt;&#xd;   
              &lt;/tr&gt;&#xd; 
              &lt;tr&gt;&#xd;     
                &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;85%&quot; style=&quot;PADDING-BOTTOM: 4px&quot;&gt;&#xd; 
                  &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;     
                    &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman&quot;&gt;Total&#xd;  
                    purchase price&lt;/font&gt;&#xd;   
                  &lt;/div&gt;&#xd; 
                &lt;/td&gt;&#xd;   
                &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 4px&quot;&gt;&#xd; 
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;   
                &lt;/td&gt;&#xd;   
                &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left&quot;&gt;&#xd;  
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman&quot;&gt;$&lt;/font&gt;&#xd;    
                &lt;/td&gt;&#xd;   
                &lt;td valign=&quot;bottom&quot; width=&quot;12%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right&quot;&gt;&#xd;    
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman&quot;&gt;18,000,000&lt;/font&gt;&#xd;   
                &lt;/td&gt;&#xd;   
                &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 4px&quot;&gt;&#xd; 
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;   
                &lt;/td&gt;&#xd;   
              &lt;/tr&gt;&#xd; 
            &lt;/table&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
            &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman&quot;&gt;The&#xd;  
            allocation of the purchase price is as follows:&lt;/font&gt;&#xd;   
          &lt;/div&gt;&lt;br/&gt;&lt;table cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; width=&quot;86%&quot; style=&quot;FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman&quot;&gt;&#xd;  
              &lt;tr&gt;&#xd;     
                &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;85%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd; 
                  &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;     
                    &lt;font style=&quot;FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: times new roman&quot;&gt;Allocation&#xd;  
                    of purchase price&lt;/font&gt;&#xd; 
                  &lt;/div&gt;&#xd; 
                &lt;/td&gt;&#xd;   
                &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;   
                &lt;/td&gt;&#xd;   
                &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;13%&quot; style=&quot;BORDER-BOTTOM: black 2px solid&quot;&gt;&#xd; 
                  &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;  
                    &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman&quot;&gt;&lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-WEIGHT: bold&quot;&gt;Total&lt;/font&gt;&lt;/font&gt;&#xd;   
                  &lt;/div&gt;&#xd; 
                &lt;/td&gt;&#xd;   
                &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd; 
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;   
                &lt;/td&gt;&#xd;   
              &lt;/tr&gt;&#xd; 
              &lt;tr&gt;&#xd;     
                &lt;td valign=&quot;bottom&quot; width=&quot;85%&quot;&gt;&#xd;     
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
                &lt;/td&gt;&#xd;   
                &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;    
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
                &lt;/td&gt;&#xd;   
                &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;13%&quot;&gt;&#xd;  
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
                &lt;/td&gt;&#xd;   
                &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
                &lt;/td&gt;&#xd;   
              &lt;/tr&gt;&#xd; 
              &lt;tr style=&quot;background-color: #C0FFFF;&quot;&gt;&#xd;     
                &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;85%&quot;&gt;&#xd;   
                  &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;     
                    &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman&quot;&gt;Working&#xd;    
                    capital&lt;/font&gt;&#xd; 
                  &lt;/div&gt;&#xd; 
                &lt;/td&gt;&#xd;   
                &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;   
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;   
                &lt;/td&gt;&#xd;   
                &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;    
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman&quot;&gt;$&lt;/font&gt;&#xd;    
                &lt;/td&gt;&#xd;   
                &lt;td valign=&quot;bottom&quot; width=&quot;12%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd; 
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman&quot;&gt;1,047,339&lt;/font&gt;&#xd;  
                &lt;/td&gt;&#xd;   
                &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman&quot;&gt;&lt;font style=&quot;FONT-SIZE: 70%; VERTICAL-ALIGN: text-top&quot;&gt;(1)&lt;/font&gt;&lt;/font&gt;&#xd;     
                &lt;/td&gt;&#xd;   
              &lt;/tr&gt;&#xd; 
              &lt;tr&gt;&#xd;     
                &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;85%&quot;&gt;&#xd;   
                  &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;     
                    &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman&quot;&gt;Property&#xd;     
                    and equipment&lt;/font&gt;&#xd;  
                  &lt;/div&gt;&#xd; 
                &lt;/td&gt;&#xd;   
                &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;   
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;   
                &lt;/td&gt;&#xd;   
                &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;    
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;   
                &lt;/td&gt;&#xd;   
                &lt;td valign=&quot;bottom&quot; width=&quot;12%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd; 
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman&quot;&gt;593,929&lt;/font&gt;&#xd;     
                &lt;/td&gt;&#xd;   
                &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;   
                &lt;/td&gt;&#xd;   
              &lt;/tr&gt;&#xd; 
              &lt;tr style=&quot;background-color: #C0FFFF;&quot;&gt;&#xd;     
                &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;85%&quot;&gt;&#xd;   
                  &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;     
                    &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman&quot;&gt;Trademarks&lt;/font&gt;&#xd;     
                  &lt;/div&gt;&#xd; 
                &lt;/td&gt;&#xd;   
                &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;   
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;   
                &lt;/td&gt;&#xd;   
                &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;    
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;   
                &lt;/td&gt;&#xd;   
                &lt;td valign=&quot;bottom&quot; width=&quot;12%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd; 
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman&quot;&gt;396,730&lt;/font&gt;&#xd;     
                &lt;/td&gt;&#xd;   
                &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;   
                &lt;/td&gt;&#xd;   
              &lt;/tr&gt;&#xd; 
              &lt;tr&gt;&#xd;     
                &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;85%&quot;&gt;&#xd;   
                  &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;     
                    &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman&quot;&gt;Customer&#xd;     
                    relationships&lt;/font&gt;&#xd;  
                  &lt;/div&gt;&#xd; 
                &lt;/td&gt;&#xd;   
                &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;   
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;   
                &lt;/td&gt;&#xd;   
                &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;    
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;   
                &lt;/td&gt;&#xd;   
                &lt;td valign=&quot;bottom&quot; width=&quot;12%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd; 
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman&quot;&gt;4,495,003&lt;/font&gt;&#xd;  
                &lt;/td&gt;&#xd;   
                &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;   
                &lt;/td&gt;&#xd;   
              &lt;/tr&gt;&#xd; 
              &lt;tr style=&quot;background-color: #C0FFFF;&quot;&gt;&#xd;     
                &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;85%&quot;&gt;&#xd;   
                  &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;     
                    &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman&quot;&gt;Developed&#xd; 
                    technology&lt;/font&gt;&#xd;    
                  &lt;/div&gt;&#xd; 
                &lt;/td&gt;&#xd;   
                &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;   
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;   
                &lt;/td&gt;&#xd;   
                &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;    
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;   
                &lt;/td&gt;&#xd;   
                &lt;td valign=&quot;bottom&quot; width=&quot;12%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd; 
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman&quot;&gt;6,998,000&lt;/font&gt;&#xd;  
                &lt;/td&gt;&#xd;   
                &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;   
                &lt;/td&gt;&#xd;   
              &lt;/tr&gt;&#xd; 
              &lt;tr&gt;&#xd;     
                &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;85%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd; 
                  &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;     
                    &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman&quot;&gt;Goodwill&lt;/font&gt;&#xd;   
                  &lt;/div&gt;&#xd; 
                &lt;/td&gt;&#xd;   
                &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd; 
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;   
                &lt;/td&gt;&#xd;   
                &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left&quot;&gt;&#xd; 
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;   
                &lt;/td&gt;&#xd;   
                &lt;td valign=&quot;bottom&quot; width=&quot;12%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right&quot;&gt;&#xd;   
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman&quot;&gt;4,818,477&lt;/font&gt;&#xd;  
                &lt;/td&gt;&#xd;   
                &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd; 
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;   
                &lt;/td&gt;&#xd;   
              &lt;/tr&gt;&#xd; 
              &lt;tr style=&quot;background-color: #C0FFFF;&quot;&gt;&#xd;     
                &lt;td valign=&quot;bottom&quot; width=&quot;85%&quot;&gt;&#xd;     
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
                &lt;/td&gt;&#xd;   
                &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;   
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;   
                &lt;/td&gt;&#xd;   
                &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;    
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;   
                &lt;/td&gt;&#xd;   
                &lt;td valign=&quot;bottom&quot; width=&quot;12%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd; 
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman&quot;&gt;18,349,478&lt;/font&gt;&#xd;   
                &lt;/td&gt;&#xd;   
                &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;   
                &lt;/td&gt;&#xd;   
              &lt;/tr&gt;&#xd; 
              &lt;tr&gt;&#xd;     
                &lt;td valign=&quot;bottom&quot; width=&quot;85%&quot;&gt;&#xd;     
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
                &lt;/td&gt;&#xd;   
                &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;    
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
                &lt;/td&gt;&#xd;   
                &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;    
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
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                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;    
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                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt&quot;&gt;30,561&lt;/font&gt;&#xd;     
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                &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;    
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              &lt;tr&gt;&#xd;     
                &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;85%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd; 
                  &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;     
                    &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt&quot;&gt;Other&#xd;   
                    current liabilities&lt;/font&gt;&#xd;   
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                &lt;/td&gt;&#xd;   
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                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;    
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                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;    
                &lt;/td&gt;&#xd;   
                &lt;td valign=&quot;bottom&quot; width=&quot;12%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right&quot;&gt;&#xd;   
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt&quot;&gt;262,392&lt;/font&gt;&#xd; 
                &lt;/td&gt;&#xd;   
                &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd; 
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;    
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              &lt;/tr&gt;&#xd; 
              &lt;tr style=&quot;background-color: #C0FFFF;&quot;&gt;&#xd;     
                &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;85%&quot;&gt;&#xd;   
                  &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;     
                    &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt&quot;&gt;Total&#xd;   
                    current liabilities&lt;/font&gt;&#xd;   
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                &lt;/td&gt;&#xd;   
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                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;    
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                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;    
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                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt&quot;&gt;292,953&lt;/font&gt;&#xd; 
                &lt;/td&gt;&#xd;   
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                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;    
                &lt;/td&gt;&#xd;   
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              &lt;tr&gt;&#xd;     
                &lt;td valign=&quot;bottom&quot; width=&quot;85%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;   
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;    
                &lt;/td&gt;&#xd;   
                &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;    
                &lt;/td&gt;&#xd;   
                &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left&quot;&gt;&#xd; 
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;    
                &lt;/td&gt;&#xd;   
                &lt;td valign=&quot;bottom&quot; width=&quot;12%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right&quot;&gt;&#xd;   
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;    
                &lt;/td&gt;&#xd;   
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                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;    
                &lt;/td&gt;&#xd;   
              &lt;/tr&gt;&#xd; 
              &lt;tr style=&quot;background-color: #C0FFFF;&quot;&gt;&#xd;     
                &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;85%&quot; style=&quot;PADDING-BOTTOM: 4px&quot;&gt;&#xd; 
                  &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;     
                    &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt&quot;&gt;Working&#xd;     
                    capital&lt;/font&gt;&#xd; 
                  &lt;/div&gt;&#xd; 
                &lt;/td&gt;&#xd;   
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                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;    
                &lt;/td&gt;&#xd;   
                &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left&quot;&gt;&#xd;  
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt&quot;&gt;$&lt;/font&gt;&#xd;     
                &lt;/td&gt;&#xd;   
                &lt;td valign=&quot;bottom&quot; width=&quot;12%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right&quot;&gt;&#xd;    
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 9pt&quot;&gt;1,047,339&lt;/font&gt;&#xd;   
                &lt;/td&gt;&#xd;   
                &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 4px&quot;&gt;&#xd; 
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;   
                &lt;/td&gt;&#xd;   
              &lt;/tr&gt;&#xd; 
            &lt;/table&gt;&lt;br/&gt;&lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;justify&quot;&gt;&#xd;   
          In the Company&amp;#8217;s 2010 Consolidated Cash Flow&#xd;     
          Statement, these amounts were included in investing&#xd;  
          activities and are excluded from the changes in assets&#xd;     
          and liabilities in operating activities.&#xd; 
        &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;   
          &lt;font style=&quot;FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold&quot;&gt;Non-controlling&#xd; 
          Interest&lt;/font&gt;&#xd;  
        &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;    
          &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman&quot;&gt;As&#xd;    
          part of the Crossbow asset acquisition, MEMSIC acquired a&#xd;   
          51% ownership of Crossbow Japan. The fair value of the&#xd;     
          non-controlling interest in Crossbow Japan at the&#xd;     
          acquisition date was $349,478, representing 49% of the&#xd;     
          fair value of Crossbow Japan at the acquisition date. The&#xd;   
          technique used to value Crossbow Japan was a combination&#xd;  
          of the cost, market and income approaches. The cost&#xd;  
          approach was used for the current assets and liabilities.&#xd;   
          The cost approach, specifically the assemblage cost&#xd;  
          avoided method, was used for the assembled and trained&#xd;     
          workforce. The income approach, specifically the&#xd;    
          multi-period excess earnings method, was used to value&#xd;     
          the customer relationships. The relief from royalty rate&#xd;  
          method, which considers both the market approach and the&#xd;  
          income approach, was used to value the trademarks.&lt;/font&gt;&#xd;    
        &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;   
          &lt;font style=&quot;FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold&quot;&gt;Pro&#xd;    
          Forma Revenue and Net Loss&lt;/font&gt;&#xd;     
        &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;    
          &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman&quot;&gt;The&#xd;     
          Company&amp;#8217;s pro forma revenue, net loss and net loss&#xd; 
          per diluted share for the year ended December 31, 2010&#xd;     
          would have been $39.1 million, $7.5 million and $0.31 had&#xd;   
          the Company closed the acquisition on January 1,&#xd;    
          2010.&lt;/font&gt;&#xd;    
        &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;    
          &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman&quot;&gt;The&#xd;     
          results of the Crossbow acquisition for 2011 and 2010 are&#xd;   
          shown&amp;#160;in the system solutions&#xd;    
          segment.&amp;#160;&amp;#160;Results are reported through gross&#xd;   
          margin as management expenses are not allocated to the&#xd;     
          segments.&lt;/font&gt;&#xd;   
        &lt;/div&gt;&lt;br/&gt;</us-gaap:MergersAcquisitionsAndDispositionsDisclosuresTextBlock>  
  <us-gaap:BusinessCombinationDisclosureTextBlock contextRef="c2_From1Jan2011To31Dec2011">&lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;  
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;&lt;font style=&quot;DISPLAY: inline; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;3.&#xd;    
      BASIS OF PRESENTATION&lt;/font&gt;&lt;/font&gt;&#xd;    
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;The&#xd;   
      consolidated financial statements include the accounts of&#xd;    
      MEMSIC, Inc., MEMSIC Semiconductor, MTS and the&#xd;    
      Company&amp;#8217;s majority owned and controlled joint ventures,&#xd;  
      Crossbow Japan and Wuxi WSN.&amp;#160;&amp;#160;The Company presents&#xd;     
      all of Crossbow Japan&amp;#8217;s assets, liabilities, revenue&#xd;    
      and expenses, as well as the non-controlling interest in&#xd;   
      Crossbow Japan (representing the 49% equity interest in the&#xd; 
      entity not owned by the Company), in its consolidated&#xd;     
      financial statements.&amp;#160;&amp;#160;&amp;#160;The Company also&#xd;    
      presents all of Wuxi WSN&amp;#8217;s assets and liabilities as&#xd;    
      well as the non-controlling interest in Wuxi WSN&#xd;     
      (representing 33.3% equity interest in the entity not owned&#xd; 
      by the Company), in its consolidated financial&#xd;   
      statements.&amp;#160;&amp;#160;All significant intercompany balances&#xd;     
      and transactions have been eliminated in&#xd;  
      consolidation.&lt;/font&gt;&#xd;    
    &lt;/div&gt;&lt;br/&gt;</us-gaap:BusinessCombinationDisclosureTextBlock>  
  <us-gaap:SignificantAccountingPoliciesTextBlock contextRef="c2_From1Jan2011To31Dec2011">&lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;  
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;4.&#xd; 
      SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES&lt;/font&gt;&#xd;  
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;    
      &lt;font style=&quot;FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;Advertising&#xd;     
      Costs&lt;/font&gt;&#xd;     
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;Advertising&#xd; 
      costs are expensed as incurred and are included in sales and&#xd;  
      marketing expenses. Advertising costs were not material for&#xd; 
      the periods presented in the accompanying consolidated&#xd; 
      statements of operations.&lt;/font&gt;&#xd;     
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;    
      &lt;font style=&quot;FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;Cash&#xd;   
      Equivalents&lt;/font&gt;&#xd; 
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;The&#xd;   
      Company considers all highly liquid instruments with an&#xd;  
      original maturity of three months or less to be cash&#xd;    
      equivalents.&lt;/font&gt;&#xd;  
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;    
      &lt;font style=&quot;FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;Restricted&#xd;    
      Cash&lt;/font&gt;&#xd;    
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;The&#xd;   
      Company has presented cash on hand associated with advance&#xd;     
      research funding received from the Chinese government as&#xd;   
      restricted cash since the cash must be maintained in a&#xd; 
      separate bank account and used only for specified research&#xd;     
      projects.&lt;/font&gt;&#xd;    
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;    
      &lt;font style=&quot;FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;Advance&#xd; 
      Research Funding&lt;/font&gt;&#xd; 
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;Advance&#xd;  
      research funding represents research funding granted by the&#xd; 
      Chinese government for specific research and development&#xd;   
      projects the Company is taking on. The amount received is&#xd;    
      initially recorded as a liability and subsequently recognized&#xd;   
      as a credit to research and development expenses in the&#xd;  
      statements of operations, or to the carrying value of&#xd;     
      equipment purchased for the projects as the Company performs&#xd;  
      the project and has complied with the conditions or&#xd;   
      performance obligations attached to the related government&#xd;     
      grants.&lt;/font&gt;&#xd;  
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;Advance&#xd;  
      research funding activities for year ended December 31, 2011&#xd;  
      are as follows:&lt;/font&gt;&#xd;     
    &lt;/div&gt;&lt;br/&gt;&lt;table cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; width=&quot;80%&quot; style=&quot;FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman&quot;&gt;&#xd; 
          &lt;tr&gt;&#xd; 
            &lt;td valign=&quot;bottom&quot; width=&quot;83%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;    
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;15%&quot; style=&quot;BORDER-BOTTOM: black 2px solid&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;Advanced&lt;/font&gt;&#xd;     
              &lt;/div&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;Research&lt;/font&gt;&#xd;     
              &lt;/div&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;Funding&lt;/font&gt;&#xd;    
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr&gt;&#xd; 
            &lt;td valign=&quot;bottom&quot; width=&quot;83%&quot;&gt;&#xd; 
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;15%&quot;&gt;&#xd;   
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr style=&quot;background-color: #C0FFFF;&quot;&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;83%&quot;&gt;&#xd;    
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Balance&#xd;  
                at January 1, 2011&lt;/font&gt;&#xd;   
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;2,928,933&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;83%&quot;&gt;&#xd;    
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Funds&#xd;     
                received&lt;/font&gt;&#xd;   
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;1,908,024&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr style=&quot;background-color: #C0FFFF;&quot;&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;83%&quot;&gt;&#xd;    
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Research&#xd;   
                and development activities&lt;/font&gt;&#xd; 
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;(498,215&lt;/font&gt;&#xd;    
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;)&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;83%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Property&#xd;   
                and equipment expenditures&lt;/font&gt;&#xd; 
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;(547,553&lt;/font&gt;&#xd;    
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;)&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr style=&quot;background-color: #C0FFFF;&quot;&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;83%&quot; style=&quot;PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Balance&#xd;  
                at December 31, 2011&lt;/font&gt;&#xd;     
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;3,791,189&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
        &lt;/table&gt;&lt;br/&gt;&lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;     
        &lt;font style=&quot;FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold&quot;&gt;Short-term&#xd;    
        Investments&lt;/font&gt;&#xd;   
      &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;  
        &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman&quot;&gt;Short-term&#xd;     
        investments consist primarily of bank certificate deposits,&#xd;   
        government and municipal bonds with maturities of one year&#xd;  
        or less. The Company classifies it short-term investments&#xd; 
        as &amp;#8220;held-to-maturity&amp;#8221;, which are carried at&#xd;  
        amortized cost.&lt;/font&gt;&#xd;  
      &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
      &lt;font style=&quot;FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;Foreign&#xd; 
      Currency&lt;/font&gt;&#xd;   
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;The&#xd;   
      Company&amp;#8217;s manufacturing operations and certain other&#xd;    
      operations are conducted by MEMSIC Semiconductor, MTS and&#xd;    
      Wuxi WSN. The functional currency of MEMSIC Semiconductor,&#xd;     
      MTS and Wuxi WSN is the Renminbi. Financial transactions&#xd;   
      between the Company and MEMSIC Semiconductor and MTS are&#xd;   
      conducted in United States dollars. At December&amp;#160;31, 2011&#xd;  
      and 2010, the underlying currency for approximately 56.4% and&#xd;   
      51.1% of consolidated assets, respectively, was the Renminbi.&#xd;   
      The functional currency of the acquired joint venture&#xd;     
      Crossbow Japan is the Japanese Yen. Financial transactions&#xd;     
      between the Company and Crossbow Japan are conducted in&#xd;  
      United States dollars. At December 31, 2011 and 2010, the&#xd;    
      underlying currency for approximately 1.2% and 1.1% of&#xd; 
      consolidated assets, respectively, was the Japanese&#xd;   
      Yen.&amp;#160;&amp;#160;The Company does not believe that it is&#xd;     
      subject to significant foreign exchange risk and,&#xd; 
      accordingly, has not utilized hedging strategies with respect&#xd;   
      to such foreign exchange exposure.&lt;/font&gt;&#xd;    
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;The&#xd;   
      financial statements of MEMSIC Semiconductor, MTS, Wuxi WSN&#xd; 
      and Crossbow Japan are translated into United States dollars&#xd;  
      in accordance with United States GAAP. The functional&#xd;     
      currencies of MEMSIC Semiconductor, MTS, Wuxi WSN and&#xd;     
      Crossbow Japan are translated into United States dollars&#xd;   
      utilizing the following method: assets and liabilities are&#xd;     
      translated at the exchange rate in effect at the end of the&#xd; 
      period, and revenues and expenses are translated at the&#xd;  
      weighted average exchange rate during the year. Cumulative&#xd;     
      translation gains and losses are included as a separate&#xd;  
      component of stockholders&amp;#8217; equity and reported as a&#xd;   
      part of comprehensive income. Transaction gains and losses&#xd;     
      are included in the consolidated statements of operations as&#xd;  
      incurred.&lt;/font&gt;&#xd;    
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;    
      &lt;font style=&quot;FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;Comprehensive&#xd;  
      Income (Loss)&lt;/font&gt;&#xd;   
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;ASC&#xd;   
      Topic 220, &lt;font style=&quot;FONT-STYLE: italic; DISPLAY: inline&quot;&gt;Comprehensive&#xd;  
      Income,&lt;/font&gt; established the standards for reporting and&#xd; 
      displaying comprehensive income (loss) in financial&#xd;   
      statements. Comprehensive income (loss) is defined to include&#xd;   
      all changes in stockholders&amp;#8217; equity during the period&#xd;     
      other than those changes that result from investments by and&#xd;  
      distributions to stockholders.&lt;/font&gt;&#xd;     
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;    
      &lt;font style=&quot;FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;Concentration&#xd;  
      of Credit&lt;/font&gt;&#xd;    
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;Financial&#xd;    
      instruments that potentially subject the Company to&#xd;   
      significant concentration of credit risk consist primarily of&#xd;   
      cash and cash equivalents as well as accounts receivable. The&#xd;   
      Company&amp;#8217;s cash and cash equivalents are on deposit at&#xd;     
      financial institutions and, at times, exceed the federal&#xd;   
      insured limits. The Company believes that the financial&#xd;  
      institutions are of high credit quality and that the Company&#xd;  
      is not subject to unusual credit risk beyond the normal&#xd;  
      credit risk associated with commercial banking&#xd;   
      relationships.&lt;/font&gt;&#xd;    
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;The&#xd;   
      Company, as indicated below, has customers that comprise more&#xd;   
      than 10% of sales or accounts receivables for all periods&#xd;    
      presented in the accompanying consolidated financial&#xd;    
      statements. The Company establishes credit limits for each of&#xd;   
      its customers and reviews such limits prior to product&#xd; 
      shipment. The Company believes that the customers indicated&#xd; 
      below are of high credit quality and that the Company is not&#xd;  
      subject to unusual risk with respect to such customers, and&#xd; 
      generally does not require collateral. The following schedule&#xd;   
      summarizes the percent of total sales to each customer that&#xd; 
      accounted for 10% or more of our total sales in either 2011&#xd; 
      or 2010.&lt;/font&gt;&#xd;   
    &lt;/div&gt;&lt;br/&gt;&lt;table cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; width=&quot;90%&quot; style=&quot;FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman&quot;&gt;&#xd; 
          &lt;tr&gt;&#xd; 
            &lt;td valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;6&quot; valign=&quot;bottom&quot; width=&quot;32%&quot; style=&quot;BORDER-BOTTOM: black 2px solid&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;For&#xd;  
                the Year Ended December 31,&lt;/font&gt;&#xd;  
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr&gt;&#xd; 
            &lt;td valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;BORDER-BOTTOM: black 2px solid&quot;&gt;&#xd;     
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;Customer&lt;/font&gt;&#xd;     
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;15%&quot; style=&quot;BORDER-BOTTOM: black 2px solid&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;2011&lt;/font&gt;&#xd; 
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;15%&quot; style=&quot;BORDER-BOTTOM: black 2px solid&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;2010&lt;/font&gt;&#xd; 
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr&gt;&#xd; 
            &lt;td valign=&quot;bottom&quot; width=&quot;66%&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;15%&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;15%&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr style=&quot;background-color: #C0FFFF;&quot;&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;66%&quot;&gt;&#xd;    
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Customer&#xd;   
                I&lt;/font&gt;&#xd; 
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;37.4&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;%&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;4.2&lt;/font&gt;&#xd;    
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;%&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Customer&#xd;   
                II&lt;/font&gt;&#xd;  
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;18.3&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;26.2&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr style=&quot;background-color: #C0FFFF;&quot;&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;%&#xd; 
                of total sales&lt;/font&gt;&#xd;    
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;55.6&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;%&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;30.4&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;%&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
        &lt;/table&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd; 
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;The&#xd;   
      following schedule summarizes the percent of total accounts&#xd; 
      receivable balances for these customers for the periods&#xd;  
      indicated.&lt;/font&gt;&#xd;     
    &lt;/div&gt;&lt;br/&gt;&lt;table cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; width=&quot;90%&quot; style=&quot;FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman&quot;&gt;&#xd; 
          &lt;tr&gt;&#xd; 
            &lt;td valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;6&quot; valign=&quot;bottom&quot; width=&quot;32%&quot; style=&quot;BORDER-BOTTOM: black 2px solid&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;Year&#xd;   
                ended December 31,&lt;/font&gt;&#xd;   
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr&gt;&#xd; 
            &lt;td valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;BORDER-BOTTOM: black 2px solid&quot;&gt;&#xd;     
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;Customer&lt;/font&gt;&#xd;     
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;15%&quot; style=&quot;BORDER-BOTTOM: black 2px solid&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;2011&lt;/font&gt;&#xd; 
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;15%&quot; style=&quot;BORDER-BOTTOM: black 2px solid&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;2010&lt;/font&gt;&#xd; 
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr&gt;&#xd; 
            &lt;td valign=&quot;bottom&quot; width=&quot;66%&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;15%&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;15%&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr style=&quot;background-color: #C0FFFF;&quot;&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;66%&quot;&gt;&#xd;    
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Customer&#xd;   
                I&lt;/font&gt;&#xd; 
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;37.5&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;%&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;3.9&lt;/font&gt;&#xd;    
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;%&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Customer&#xd;   
                II&lt;/font&gt;&#xd;  
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;36.8&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;43.2&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr style=&quot;background-color: #C0FFFF;&quot;&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;%&#xd; 
                of total accounts receivable&lt;/font&gt;&#xd;   
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;74.3&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;%&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;47.1&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;%&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
        &lt;/table&gt;&lt;br/&gt;&lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;     
      &lt;font style=&quot;FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;Concentration&#xd;  
      of Supplier&lt;/font&gt;&#xd; 
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;The&#xd;   
      Company relies on one affiliated supplier for all wafer&#xd;  
      purchases required in the manufacturing process, other than&#xd; 
      those used in the Company&amp;#8217;s magnetic sensor products.&#xd;     
      Investment funds controlled by this supplier beneficially own&#xd;   
      approximately 9.8% of the Company&amp;#8217;s common stock, and&#xd;     
      one of the Company&amp;#8217;s directors is the managing partner&#xd; 
      and chief financial officer of these funds. Purchases from&#xd;     
      this affiliated supplier represent approximately 29% and 40%&#xd;  
      of all material costs for the year ended December 31, 2011&#xd;     
      and 2010 respectively, presented in the accompanying&#xd;    
      consolidated financial statements. At December 31, 2011, the&#xd;  
      Company had $592,000 of non-cancellable open purchase order&#xd; 
      agreements with this affiliated supplier, and the&#xd; 
      Company&amp;#8217;s accounts payable at December 31, 2011 include&#xd;  
      $0.7 million due to this supplier.&lt;/font&gt;&#xd;    
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;    
      &lt;font style=&quot;FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;Estimates&lt;/font&gt;&#xd; 
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;The&#xd;   
      preparation of financial statements in conformity with U.S.&#xd; 
      generally accepted accounting principles requires the Company&#xd;   
      to make estimates and assumptions that affect at the date of&#xd;  
      the financial statements the reported amounts of assets and&#xd; 
      liabilities, disclosure of contingent assets and liabilities&#xd;  
      and the reported amounts of revenue and expenses. Actual&#xd;   
      results could differ from these estimates.&lt;/font&gt;&#xd;  
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;    
      &lt;font style=&quot;FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;Fair&#xd;   
      Value of Financial Instruments&lt;/font&gt;&#xd;     
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;The&#xd;   
      carrying amounts of the Company&amp;#8217;s financial&#xd;     
      instruments, which include cash equivalents, short-term&#xd;  
      investments, accounts receivable, accounts payable, notes&#xd;    
      payable and accrued expenses, approximate their fair values&#xd; 
      due to the short term nature of the instruments at December&#xd; 
      31, 2011 and 2010.&lt;/font&gt;&#xd;   
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;    
      &lt;font style=&quot;FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;Income&#xd;     
      Taxes&lt;/font&gt;&#xd;     
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;Deferred&#xd;   
      tax assets and liabilities relate to temporary differences&#xd;     
      between the financial reporting bases and the tax bases of&#xd;     
      assets and liabilities, carryforward tax losses and available&#xd;   
      tax credits. Such assets and liabilities are measured using&#xd; 
      tax rates and laws expected to be in effect at the time of&#xd;     
      their reversal or utilization. Valuation allowances are&#xd;  
      established, when necessary, to reduce the net deferred tax&#xd; 
      asset to an amount more likely than not to be realized. For&#xd; 
      interim reporting periods, the Company uses the estimated&#xd;    
      annual effective tax rate except with respect to discrete&#xd;    
      items, whose impact is recognized in the interim period in&#xd;     
      which the discrete item occurred.&lt;/font&gt;&#xd;   
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;    
      &lt;font style=&quot;FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;Intangible&#xd;    
      Assets&lt;/font&gt;&#xd; 
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;Intangible&#xd;     
      assets relate to issued and applied for patents on the&#xd; 
      Company&amp;#8217;s core technology, gas meter processing&#xd;    
      know-how purchased in May 2008 and intellectual property&#xd;   
      related to the Company&amp;#8217;s January 2010 acquisition of&#xd;    
      assets from Crossbow Technology, Inc.&lt;/font&gt;&#xd;  
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;    
      &lt;font style=&quot;FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;Inventories&lt;/font&gt;&#xd;   
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;Inventories&#xd; 
      are stated at the lower of cost (weighted average FIFO) or&#xd;     
      market. The Company evaluates its inventory for potential&#xd;    
      excess and obsolete inventories based on forecasted demand&#xd;     
      and records a provision for such amounts as necessary.&lt;/font&gt;&#xd;    
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;    
      &lt;font style=&quot;FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;Net&#xd;  
      Income (Loss) per Share&lt;/font&gt;&#xd;   
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
        &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;Basic&#xd;  
        net income (loss) per share is calculated by dividing net&#xd; 
        income (loss) by the weighted-average common shares&#xd;     
        outstanding. Diluted net income (loss) per share is&#xd;     
        calculated by dividing net income (loss) by the&#xd; 
        weighted-average common shares and potentially dilutive&#xd;    
        securities outstanding during the period using the treasury&#xd;   
        stock method.&lt;/font&gt;&#xd;     
      &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
      &lt;font style=&quot;FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;Property&#xd;  
      and Equipment&lt;/font&gt;&#xd;   
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;Property&#xd;   
      and equipment are recorded at cost. For financial reporting,&#xd;  
      depreciation is provided utilizing straight-line method over&#xd;  
      the estimated two to ten-year life for equipment and&#xd;    
      furniture and fixtures, the estimated twenty year life for&#xd;     
      the building in China, and the estimated forty-seven year&#xd;    
      life for land in China. Chinese statutory regulations&#xd;     
      stipulate that the ownership of land reverts back to the PRC&#xd;  
      after forty-seven years. The Company estimates a residual&#xd;    
      value of 10% of the assets&amp;#8217; original cost in&#xd; 
      calculating depreciation for assets in China. Leasehold&#xd;  
      improvements are depreciated over the shorter of the useful&#xd; 
      life or term of the lease. Costs for repairs and maintenance&#xd;  
      that do not increase the useful life of the asset are&#xd;     
      expensed as incurred.&lt;/font&gt;&#xd; 
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;    
      &lt;font style=&quot;FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;Research&#xd;  
      and Development&lt;/font&gt;&#xd;     
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;Research&#xd;   
      and development costs are expensed as incurred.&lt;/font&gt;&#xd;  
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;    
      &lt;font style=&quot;FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;Revenue&#xd; 
      Recognition&lt;/font&gt;&#xd; 
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;The&#xd;   
      Company recognizes revenue from the sale of its product to&#xd;     
      end customers when all of the following conditions have been&#xd;  
      met: (i)&amp;#160;evidence exists of an arrangement with the&#xd;  
      customer, typically consisting of a purchase order or&#xd;     
      contract; (ii)&amp;#160;the Company&amp;#8217;s products have been&#xd;   
      shipped and risk of loss has passed to the customer;&#xd;    
      (iii)&amp;#160;the Company has completed all of the necessary&#xd;   
      terms of the purchase order or contract; (iv)&amp;#160;the amount&#xd;  
      of revenue to which the Company is entitled is fixed or&#xd;  
      determinable; and (v)&amp;#160;the Company believes it is&#xd;    
      probable that it will be able to collect the amount due from&#xd;  
      the customer. To the extent that one or more of these&#xd;     
      conditions has not been satisfied, the Company defers&#xd;     
      recognition of revenue. An allowance for estimated future&#xd;    
      product returns and sales price allowances is established at&#xd;  
      the date of revenue recognition. An allowance for&#xd; 
      uncollectible receivables is established by a charge to&#xd;  
      operations when, in the opinion of the Company, it is&#xd;     
      probable that the amount due to the Company will not be&#xd;  
      collected.&lt;/font&gt;&#xd;     
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;&lt;font style=&quot;DISPLAY: inline; FONT-SIZE: 10pt&quot;&gt;The Company sells&#xd;     
      its products to distributors as well as to end customers.&#xd;    
      Sales to distributors are made pursuant to distributor&#xd; 
      agreements, which allow for the return of goods under certain&#xd;   
      circumstances. Accordingly, the Company follows the&#xd;   
      following&lt;/font&gt; &lt;font style=&quot;DISPLAY: inline; FONT-SIZE: 10pt&quot;&gt;criteria for&#xd;     
      recognition of sales to distributors: (i)&amp;#160;the selling&#xd;    
      price to the distributor is fixed or determinable at the date&#xd;   
      of shipment; (ii)&amp;#160;the distributor&amp;#8217;s obligation to&#xd;     
      pay the selling price is not contingent on resale of the&#xd;   
      product; (iii)&amp;#160;the Company&amp;#8217;s product has been&#xd; 
      shipped and risk of loss has passed to the distributor;&#xd;  
      (iv)&amp;#160;it is probable that the amount due from the&#xd;    
      distributor will be collected; (v)&amp;#160;the Company does not&#xd; 
      have significant future obligations to directly assist in the&#xd;   
      distributor&amp;#8217;s resale of the product; and (vi)&amp;#160;the&#xd;     
      amount of future returns can be reasonably estimated. Once&#xd;     
      these criteria are met, the Company recognizes revenue upon&#xd; 
      shipment to the distributor and estimates returns based on&#xd;     
      historical sales returns.&lt;/font&gt;&lt;/font&gt;&#xd;   
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;    
      &lt;font style=&quot;FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;Shipping&#xd;  
      and Handling costs&lt;/font&gt;&#xd;   
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;Shipping&#xd;   
      and handling costs incurred are included in cost of goods&#xd;    
      sold in the consolidated statements of operations.&lt;/font&gt;&#xd;     
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;    
      &lt;font style=&quot;FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;Stock-Based&#xd;     
      Compensation&lt;/font&gt;&#xd;  
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;justify&quot;&gt;&#xd;   
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;The&#xd;   
      Company accounts for share-based payments to employees based&#xd;  
      on requirements that all share-based payments to employees,&#xd; 
      including grants of employee stock options, shall be&#xd;    
      recognized in the financial statements based on their fair&#xd;     
      values. The cost of equity-based service awards is based on&#xd; 
      the grant-date fair value of the award and is recognized over&#xd;   
      the period during which the employee is required to provide&#xd; 
      service in exchange for the award (vesting period).&#xd;   
      Stock-based compensation arrangements with non-employees are&#xd;  
      accounted for utilizing the fair value method or, if a more&#xd; 
      reliable measurement, the value of the services or&#xd;  
      consideration received. The resulting compensation expense is&#xd;   
      recognized for financial reporting over the term of&#xd;   
      performance or vesting.&lt;/font&gt;&#xd;   
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;    
      &lt;font style=&quot;FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;Warranty&#xd;  
      Reserve&lt;/font&gt;&#xd;  
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;The&#xd;   
      Company&amp;#8217;s products are warranted against manufacturing&#xd; 
      defects for twelve&amp;#160;months following the date of sale&#xd;   
      (eighteen months following date of sale to a distributor).&#xd;     
      Products returned under the provisions of the warranty&#xd; 
      agreement require the pre-approval of the Company. The&#xd; 
      Company&amp;#8217;s sole obligation under the provisions of the&#xd;     
      warranty agreement is to replace or repair the product.&#xd;  
      Reserves for potential warranty claims are provided at the&#xd;     
      time of revenue recognition and are based on several factors&#xd;  
      including historical claims experience, current sales levels&#xd;  
      and the Company&amp;#8217;s estimate of repair costs. To date,&#xd;    
      warranty expenses have not been significant.&lt;/font&gt;&#xd;    
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;    
      &lt;font style=&quot;FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;Recent&#xd;     
      Accounting Pronouncements&lt;/font&gt;&#xd;     
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;In&#xd;  
      September 2011, the FASB amended ASC 350, &lt;font style=&quot;FONT-STYLE: italic; DISPLAY: inline&quot;&gt;Intangibles&#xd; 
      &amp;#8212; Goodwill and Other&lt;/font&gt;. This amendment is intended&#xd;   
      to reduce the cost and complexity of the annual goodwill&#xd;   
      impairment test by providing entities an option to perform a&#xd;  
      qualitative assessment to determine whether further&#xd;   
      impairment testing is necessary. The amended provisions are&#xd; 
      effective for reporting periods beginning on or after&#xd;     
      December 15, 2011. However, early adoption is permitted if an&#xd;   
      entity&amp;#8217;s financial statements for the most recent&#xd; 
      annual or interim period have not yet been issued. This&#xd;  
      amendment impacts testing steps only and, therefore, adoption&#xd;   
      will not have an impact on the Company&amp;#8217;s consolidated&#xd;     
      financial position, results of operations or cash&#xd; 
      flows.&lt;/font&gt;&#xd; 
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;In&#xd;  
      June 2011, the FASB amended ASC 220, &lt;font style=&quot;FONT-STYLE: italic; DISPLAY: inline&quot;&gt;Comprehensive&#xd;   
      Income&lt;/font&gt;. This amendment was issued to enhance&#xd;    
      comparability between entities that report under GAAP and&#xd;    
      International Financial Reporting Standards (IFRS) and to&#xd;    
      provide a more consistent method of presenting non-owner&#xd;   
      transactions that affect an entity&amp;#8217;s equity. The&#xd;     
      amendment requires companies to present the components of net&#xd;   
      income and other comprehensive income either as one&#xd;   
      continuous statement or as two separate but consecutive&#xd;  
      statements. It eliminates the option to report other&#xd;    
      comprehensive income and its components as part of the&#xd; 
      statement of changes in shareholders&amp;#8217; equity. The&#xd; 
      amended provisions are effective for fiscal years, and&#xd; 
      interim periods within those years, beginning after December&#xd;  
      15, 2011. Early adoption is permitted, and full retrospective&#xd;   
      application is required. This amendment impacts presentation&#xd;  
      and disclosure only, and therefore adoption will not have an&#xd;  
      impact on the Company&amp;#8217;s consolidated financial&#xd;   
      position, results of operations or cash flows.&lt;/font&gt;&#xd; 
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;&lt;font style=&quot;DISPLAY: inline; FONT-SIZE: 10pt&quot;&gt;In May 2011, the&#xd;    
      FASB issued ASU No. 2011-04,&lt;/font&gt; &lt;font style=&quot;FONT-STYLE: italic; DISPLAY: inline; FONT-SIZE: 10pt&quot;&gt;Fair&#xd; 
      Value Measurement (Topic 820) Amendments to Achieve Common&#xd;     
      Fair Value Measurement and Disclosure Requirements in U.S.&#xd;     
      GAAP and IFRS&lt;/font&gt; &lt;font style=&quot;DISPLAY: inline; FONT-SIZE: 10pt&quot;&gt;(ASU No. 2011-04).&#xd;     
      The amendments in this update apply to all reporting entities&#xd;   
      that are required or permitted to measure or disclose the&#xd;    
      fair value of an asset, a liability, or an instrument&#xd;     
      classified in a reporting entity&amp;#8217;s shareholders&amp;#8217;&#xd;     
      equity in the financial statements. ASU No. 2011-04 does not&#xd;  
      extend the use of fair value accounting, but provides&#xd;     
      guidance on how it should be applied where its use is already&#xd;   
      required or permitted by other standards within U.S. GAAP or&#xd;  
      IFRS. ASU No. 2011-04 changes the wording used to describe&#xd;     
      many requirements in U.S. GAAP for measuring fair value and&#xd; 
      for disclosing information about fair value measurements.&#xd;    
      Additionally, ASU No. 2011-04 clarifies the FASB&amp;#8217;s&#xd;  
      intent about the application of existing fair value&#xd;   
      measurements. The amendments in this update are to be applied&#xd;   
      prospectively. For public entities, the amendments are&#xd; 
      effective during interim and annual periods beginning after&#xd; 
      December 15, 2011. Early application by public entities is&#xd;     
      not permitted. The Company does not expect the provisions of&#xd;  
      ASU No. 2011-04 to have a material effect on its financial&#xd;     
      position, results of operations or cash flows.&lt;/font&gt;&lt;/font&gt;&#xd;    
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;In&#xd;  
      October&amp;#160;2009, the FASB issued ASU No.&amp;#160;2009-13,&#xd; 
      &lt;font style=&quot;FONT-STYLE: italic; DISPLAY: inline&quot;&gt;Revenue&#xd;     
      Recognition (Topic 605) &amp;#8212; Multiple-Deliverable Revenue&#xd; 
      Arrangements&lt;/font&gt;.&amp;#160;&amp;#160;ASU No.&amp;#160;2009-13&#xd;  
      addresses the accounting for multiple-deliverable&#xd; 
      arrangements to enable vendors to account for products or&#xd;    
      services (deliverables)&amp;#160;separately rather than as a&#xd;  
      combined unit. This guidance establishes a selling price&#xd;   
      hierarchy for determining the selling price of a deliverable,&#xd;   
      which is based on: (a)&amp;#160;vendor-specific objective&#xd;    
      evidence; (b)&amp;#160;third-party evidence; or&#xd;    
      (c)&amp;#160;estimates. This guidance also eliminates the&#xd;    
      residual method of allocation and requires that arrangement&#xd; 
      consideration be allocated at the inception of the&#xd;  
      arrangement to all deliverables using the relative selling&#xd;     
      price method. In addition, this guidance significantly&#xd; 
      expands required disclosures related to a vendor&amp;#8217;s&#xd;  
      multiple-deliverable revenue arrangements. ASU&#xd;   
      No.&amp;#160;2009-13 is effective prospectively for revenue&#xd; 
      arrangements entered into or materially modified in fiscal&#xd;     
      years beginning on or after June&amp;#160;15, 2010 and early&#xd;  
      adoption is permitted. A company may elect, but will not be&#xd; 
      required, to adopt the amendments in ASU No.&amp;#160;2009-13&#xd;   
      retrospectively for all prior periods. The adoption of ASU&#xd;     
      2009-13 did not have a material impact on the Company&amp;#8217;s&#xd;  
      financial position or statement of operations.&lt;/font&gt;&#xd; 
    &lt;/div&gt;&lt;br/&gt;</us-gaap:SignificantAccountingPoliciesTextBlock>  
  <us-gaap:InvestmentHoldingsTextBlock contextRef="c2_From1Jan2011To31Dec2011">&lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;&lt;font style=&quot;DISPLAY: inline; FONT-WEIGHT: bold&quot;&gt;5.&lt;/font&gt; &lt;font style=&quot;DISPLAY: inline; FONT-WEIGHT: bold&quot;&gt;LONG-TERM&#xd;     
      INVESTMENTS&lt;/font&gt;&lt;/font&gt;&#xd;    
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;Investments&#xd; 
      held by the Company at December 31, 2011 consisted primarily&#xd;  
      of auction rate securities, or ARS, and are considered&#xd; 
      available for sale. These securities reset the interest or&#xd;     
      dividend rates by auctions held at intervals of 7, 28, 35 or&#xd;  
      49 days, and at such dates the Company has the option to sell&#xd;   
      such securities. The auction rate securities held by the&#xd;   
      Company have contractual maturities of greater than 10&#xd; 
      years.&lt;/font&gt;&#xd; 
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;These&#xd;     
      investments are carried at fair value, with the unrealized&#xd;     
      gains and losses, if any, net of tax, reported in other&#xd;  
      comprehensive income. The cost of securities sold is based on&#xd;   
      the specific identification method. Interest and dividends on&#xd;   
      securities are included in interest and dividend income.&#xd;   
      Quarterly, management reviews the valuation of investments&#xd;     
      and considers whether any decline in value is deemed to be&#xd;     
      other than a temporary decline.&lt;/font&gt;&#xd; 
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;At&#xd;  
      December 31, 2011, the Company held one ARS investment:&#xd;  
      Illinois Educational Facilities Authority Select Auction&#xd;   
      Variable Rate Securities having a value at par of $3.0&#xd; 
      million with a maturity date in 2028.&amp;#160;&amp;#160;The carrying&#xd; 
      value of this investment at December 31, 2011 was $2.6&#xd; 
      million, net of a $0.4 million temporary unrealized&#xd;   
      impairment loss. The Company has classified this investment&#xd; 
      as a long-term asset due to liquidity issues experienced in&#xd; 
      global credit and capital markets as well as failed auctions&#xd;  
      since the first quarter of 2008. A failed auction means that&#xd;  
      the amount of securities submitted for sale at auction&#xd; 
      exceeded the amount of purchase orders. If an auction fails,&#xd;  
      the issuer becomes obligated to pay interest at penalty&#xd;  
      rates, and all of the auction rate securities the Company&#xd;    
      holds continue to pay interest in accordance with their&#xd;  
      stated terms. However, the failed auctions create uncertainty&#xd;   
      as to the liquidity of these securities.&lt;/font&gt;&#xd;     
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;During&#xd; 
      the fourth quarter of 2011, the Company received $2.4 million&#xd;   
      from a full redemption of the Montana Health Facility&#xd;     
      Authority Select Auction Variable Rate Securities previously&#xd;  
      held by the Company.&lt;/font&gt;&#xd;     
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;Based&#xd;     
      on the Company&amp;#8217;s expected operating cash flows, and&#xd;   
      other sources of cash, the Company does not expect the&#xd; 
      potential lack of liquidity in these investments to affect&#xd;     
      its ability to execute its current business plan in the near&#xd;  
      term.&lt;/font&gt;&#xd;     
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;    
      &lt;font style=&quot;FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;Fair&#xd;   
      Value Measurement&lt;/font&gt;&#xd;  
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;The&#xd;   
      Company accounts for assets and liabilities recognized or&#xd;    
      disclosed in the financial statements at fair value on a&#xd;   
      recurring basis in accordance with the provisions of ASC&#xd;   
      Topic 820.&lt;/font&gt;&#xd;     
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;ASC&#xd;   
      Topic 820 provides that fair value is an exit price,&#xd;    
      representing the price that would be received to sell an&#xd;   
      asset or paid to transfer a liability in an orderly&#xd;   
      transaction between market participants based on the highest&#xd;  
      and best use of the asset or liability. As such, fair value&#xd; 
      is a market-based measurement that should be determined based&#xd;   
      on assumptions that market participants would use in pricing&#xd;  
      an asset or liability. ASC Topic 820 requires the Company to&#xd;  
      use valuation techniques to measure fair value that maximize&#xd;  
      the use of observable inputs and minimize the use of&#xd;    
      unobservable inputs. These inputs are prioritized as&#xd;    
      follows:&lt;/font&gt;&#xd;   
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;Level&#xd;     
      1: Observable inputs such as quoted prices for identical&#xd;   
      assets or liabilities in active markets&lt;/font&gt;&#xd;    
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd; 
        &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;Level&#xd;  
        2: Other inputs that are observable directly or indirectly,&#xd;   
        such as quoted prices for similar assets or liabilities or&#xd;  
        market-corroborated inputs&lt;/font&gt;&#xd;   
      &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;   
        &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;Level&#xd;  
        3: Unobservable inputs for which there is little or no&#xd;   
        market data and which require the Company to develop its&#xd;     
        own assumptions about how market participants would price&#xd; 
        the assets or liabilities&lt;/font&gt;&#xd;  
      &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;  
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;The&#xd;   
      valuation techniques that may be used to measure fair value&#xd; 
      are as follows:&lt;/font&gt;&#xd;     
    &lt;/div&gt;&lt;br/&gt;&lt;table align=&quot;center&quot; border=&quot;0&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; id=&quot;hangingindent-74&quot; width=&quot;100%&quot; style=&quot;FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman&quot;&gt;&#xd;     
        &lt;tr valign=&quot;top&quot; style=&quot;LINE-HEIGHT: 1.25;&quot;&gt;&#xd;    
          &lt;td style=&quot;WIDTH: 74px&quot;&gt;&#xd; 
            &lt;div&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/div&gt;&#xd;     
          &lt;/td&gt;&#xd;  
          &lt;td style=&quot;WIDTH: 40px&quot;&gt;&#xd; 
            &lt;div style=&quot;TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;A.&lt;/font&gt;&#xd;   
            &lt;/div&gt;&#xd;     
          &lt;/td&gt;&#xd;  
          &lt;td width=&quot;1531&quot;&gt;&#xd;    
            &lt;div align=&quot;left&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;Market&#xd;    
              approach - Uses prices and other relevant information&#xd;   
              generated by market transactions involving identical&#xd;  
              or comparable assets or liabilities&lt;/font&gt;&#xd;   
            &lt;/div&gt;&#xd;     
          &lt;/td&gt;&#xd;  
        &lt;/tr&gt;&#xd;     
      &lt;/table&gt;&lt;br/&gt;&lt;table align=&quot;center&quot; border=&quot;0&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; id=&quot;hangingindent-75&quot; width=&quot;100%&quot; style=&quot;FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman&quot;&gt;&#xd;    
        &lt;tr valign=&quot;top&quot; style=&quot;LINE-HEIGHT: 1.25;&quot;&gt;&#xd;    
          &lt;td style=&quot;WIDTH: 74px&quot;&gt;&#xd; 
            &lt;div&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/div&gt;&#xd;     
          &lt;/td&gt;&#xd;  
          &lt;td style=&quot;WIDTH: 40px&quot;&gt;&#xd; 
            &lt;div style=&quot;TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;B.&lt;/font&gt;&#xd;   
            &lt;/div&gt;&#xd;     
          &lt;/td&gt;&#xd;  
          &lt;td width=&quot;1531&quot;&gt;&#xd;    
            &lt;div align=&quot;left&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;Income&#xd;    
              approach - Uses valuation techniques to convert&#xd;  
              future amounts to a single present amount based on&#xd;     
              current market expectations about those future&#xd; 
              amounts, including present value techniques,&#xd;    
              option-pricing models and excess earnings&#xd; 
              methods&lt;/font&gt;&#xd;     
            &lt;/div&gt;&#xd;     
          &lt;/td&gt;&#xd;  
        &lt;/tr&gt;&#xd;     
      &lt;/table&gt;&lt;br/&gt;&lt;table align=&quot;center&quot; border=&quot;0&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; id=&quot;hangingindent-76&quot; width=&quot;100%&quot; style=&quot;FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman&quot;&gt;&#xd;    
        &lt;tr valign=&quot;top&quot; style=&quot;LINE-HEIGHT: 1.25;&quot;&gt;&#xd;    
          &lt;td style=&quot;WIDTH: 74px&quot;&gt;&#xd; 
            &lt;div&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/div&gt;&#xd;     
          &lt;/td&gt;&#xd;  
          &lt;td style=&quot;WIDTH: 40px&quot;&gt;&#xd; 
            &lt;div style=&quot;TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;C.&lt;/font&gt;&#xd;   
            &lt;/div&gt;&#xd;     
          &lt;/td&gt;&#xd;  
          &lt;td width=&quot;1531&quot;&gt;&#xd;    
            &lt;div align=&quot;left&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;Cost&#xd;  
              approach - Based on the amount that currently would&#xd; 
              be required to replace the service capacity of an&#xd;    
              asset (replacement cost)&lt;/font&gt;&#xd;  
            &lt;/div&gt;&#xd;     
          &lt;/td&gt;&#xd;  
        &lt;/tr&gt;&#xd;     
      &lt;/table&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;    
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;The&#xd;   
      Company&amp;#8217;s assets measured at fair value on a recurring&#xd; 
      basis during the period include (in thousands):&lt;/font&gt;&#xd;  
    &lt;/div&gt;&lt;br/&gt;&lt;table cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; width=&quot;86%&quot; style=&quot;TEXT-ALIGN: center; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman&quot;&gt;&#xd; 
          &lt;tr style=&quot;TEXT-ALIGN: center;&quot;&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;28%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;    
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;13%&quot; style=&quot;BORDER-BOTTOM: black 2px solid&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;     
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&lt;font style=&quot;FONT-WEIGHT: bold&quot;&gt;&lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;Carrying&lt;/font&gt;&lt;/font&gt;&lt;/font&gt;&#xd;    
                &lt;/div&gt;&#xd;    
                &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;     
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&lt;font style=&quot;FONT-WEIGHT: bold&quot;&gt;&lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;amount&lt;/font&gt;&lt;/font&gt;&lt;/font&gt;&#xd;  
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&lt;font style=&quot;FONT-WEIGHT: bold&quot;&gt;&lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;as&#xd;    
                  of&lt;/font&gt;&lt;/font&gt;&lt;/font&gt;&#xd;     
                &lt;/div&gt;&#xd;    
                &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;     
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&lt;font style=&quot;FONT-WEIGHT: bold&quot;&gt;December 31,&#xd;  
                  2011&lt;/font&gt;&lt;/font&gt;&#xd;    
                &lt;/div&gt;&#xd;    
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;13%&quot; style=&quot;BORDER-BOTTOM: black 2px solid&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;Level&#xd;    
                1&lt;/font&gt;&#xd; 
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;13%&quot; style=&quot;BORDER-BOTTOM: black 2px solid&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;Level&#xd;    
                2&lt;/font&gt;&#xd; 
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;13%&quot; style=&quot;BORDER-BOTTOM: black 2px solid&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;Level&#xd;    
                3&lt;/font&gt;&#xd; 
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;12%&quot; style=&quot;BORDER-BOTTOM: black 2px solid&quot;&gt;&#xd;     
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;     
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&lt;font style=&quot;FONT-WEIGHT: bold&quot;&gt;&lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;Valuation&lt;/font&gt;&lt;/font&gt;&lt;/font&gt;&#xd;     
                &lt;/div&gt;&#xd;    
                &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;     
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&lt;font style=&quot;FONT-WEIGHT: bold&quot;&gt;Technique&lt;/font&gt;&lt;/font&gt;&#xd;     
                &lt;/div&gt;&#xd;    
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr&gt;&#xd; 
            &lt;td valign=&quot;bottom&quot; width=&quot;28%&quot;&gt;&#xd; 
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;13%&quot;&gt;&#xd;   
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;13%&quot;&gt;&#xd;   
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;13%&quot;&gt;&#xd;   
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;13%&quot;&gt;&#xd;   
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;12%&quot;&gt;&#xd; 
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr style=&quot;background-color: #C0FFFF;&quot;&gt;&#xd; 
            &lt;td valign=&quot;bottom&quot; width=&quot;28%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Auction&#xd;  
                rate securities&lt;/font&gt;&#xd;     
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;12%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;2,600&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;12%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;-&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;12%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;-&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;12%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;2,600&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;12%&quot;&gt;&#xd; 
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;(B)&lt;/font&gt;&#xd; 
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
        &lt;/table&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd; 
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;The&#xd;   
      reconciliation of the Company&amp;#8217;s assets measured at fair&#xd;  
      value on a recurring basis using unobservable inputs (Level&#xd; 
      3) is as follows (in thousands):&lt;/font&gt;&#xd;  
    &lt;/div&gt;&lt;br/&gt;&lt;table cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; width=&quot;86%&quot; style=&quot;FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman&quot;&gt;&#xd; 
          &lt;tr&gt;&#xd; 
            &lt;td valign=&quot;bottom&quot; width=&quot;83%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;    
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;15%&quot; style=&quot;BORDER-BOTTOM: black 2px solid&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;Auction&lt;/font&gt;&#xd;    
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;Rate&lt;/font&gt;&#xd; 
              &lt;/div&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;Securities&lt;/font&gt;&#xd;  
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr&gt;&#xd; 
            &lt;td valign=&quot;bottom&quot; width=&quot;83%&quot;&gt;&#xd; 
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;15%&quot;&gt;&#xd;   
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr style=&quot;background-color: #C0FFFF;&quot;&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;83%&quot;&gt;&#xd;    
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Balance&#xd;  
                at January 1, 2011&lt;/font&gt;&#xd;   
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;5,020&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;83%&quot;&gt;&#xd;    
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Redemptions&lt;/font&gt;&#xd;    
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;(2,420&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;)&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr style=&quot;background-color: #C0FFFF;&quot;&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;83%&quot;&gt;&#xd;    
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Transfers&#xd;    
                to Level 3&lt;/font&gt;&#xd;     
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;-&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;83%&quot;&gt;&#xd;    
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Gains&#xd;     
                and losses:&lt;/font&gt;&#xd; 
              &lt;/div&gt;&#xd;  
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            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr style=&quot;background-color: #C0FFFF;&quot;&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;83%&quot;&gt;&#xd;    
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Reported&#xd;   
                in earnings&lt;/font&gt;&#xd; 
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;-&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;83%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Reported&#xd;   
                in other comprehensive loss&lt;/font&gt;&#xd;  
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;-&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr style=&quot;background-color: #C0FFFF;&quot;&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;83%&quot; style=&quot;PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Balance&#xd;  
                at December 31, 2011&lt;/font&gt;&#xd;     
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;2,600&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
        &lt;/table&gt;&lt;br/&gt;&lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;justify&quot;&gt;&#xd;    
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;The&#xd;   
      Company initially accounted for the ARS held in its portfolio&#xd;   
      as available-for-sale investments. The carrying value of&#xd;   
      these ARS approximated fair value due to the frequent&#xd;     
      resetting of the interest rate. While the Company continues&#xd; 
      to earn interest at the specified contractual rate on those&#xd; 
      investments involved in failed auctions, due to the ongoing&#xd; 
      failed auctions and the illiquidity of these securities under&#xd;   
      current market conditions, the Company has considered whether&#xd;   
      par value continues to be a reasonable basis for estimating&#xd; 
      the fair value of these ARS at December 31, 2011 and&#xd;    
      2010.&amp;#160;&amp;#160;The Company estimated the fair value of&#xd; 
      these securities at December 31, 2011 and 2010 using broker&#xd; 
      valuations and internally-developed models of the expected&#xd;     
      future cash flows related to the securities as well as&#xd; 
      referencing a third party specialist&amp;#8217;s valuation. One&#xd;     
      of the more significant assumptions made in the&#xd;    
      Company&amp;#8217;s internally-developed models was the term of&#xd;     
      expected cash flows of the underlying auction rate securities&#xd;   
      and the discount related to the illiquidity of the&#xd;  
      investments. The Company developed several scenarios for the&#xd;  
      liquidation of the auction rate securities over periods that&#xd;  
      ranged from 3 to 7 years. In estimating the fair value of&#xd;    
      these investments, the Company considered the financial&#xd;  
      condition and near-term prospects of the issuers, the&#xd;     
      magnitude of the losses compared to the investments&apos; cost,&#xd;     
      the length of time the investments have been in an unrealized&#xd;   
      loss position, the low probability that the Company will be&#xd; 
      unable to collect all amounts due according to the&#xd;  
      contractual terms of the security, whether the security has&#xd; 
      been downgraded by a rating agency, and the Company&amp;#8217;s&#xd;     
      ability and intent to hold these investments until the&#xd; 
      anticipated recovery in market value occurs. Based on the&#xd;    
      estimated operating cash flows and other sources of cash, the&#xd;   
      Company intends to hold these auction rate securities for the&#xd;   
      foreseeable future.&lt;/font&gt;&#xd;    
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
        &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;The&#xd;     
        Company&amp;#8217;s valuation analysis for the year ended&#xd; 
        December 31, 2011 resulted in no change to&#xd; 
        the&amp;#160;&amp;#160;unrealized impairment loss recorded at&#xd;     
        December 31, 2010. The total unrealized impairment loss at&#xd;  
        December 31, 2011 was $400,000. The Company continues to&#xd;     
        monitor the market for auction rate securities and to&#xd;  
        assess its impact on the fair value of the Company&amp;#8217;s&#xd; 
        investments. If current market conditions deteriorate&#xd;  
        further, the Company may be required to record additional&#xd; 
        temporary unrealized losses in other comprehensive income&#xd; 
        (loss) or, if the decline in fair value is judged to be&#xd;    
        other-than-temporary, the cost basis of the individual&#xd;   
        security may be written off to fair value as a new cost&#xd;    
        basis and the amount of the write-down would be reflected&#xd; 
        as a charge to earnings.&lt;/font&gt;&#xd; 
      &lt;/div&gt;&lt;br/&gt;</us-gaap:InvestmentHoldingsTextBlock>   
  <us-gaap:InventoryDisclosureTextBlock contextRef="c2_From1Jan2011To31Dec2011">&lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;  
        &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;6.&amp;#160;&amp;#160;INVENTORIES&lt;/font&gt;&#xd;  
      &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;  
        &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;Inventories&#xd;   
        consist of the following:&lt;/font&gt;&#xd;  
      &lt;/div&gt;&lt;br/&gt;&lt;table cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; width=&quot;86%&quot; style=&quot;FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman&quot;&gt;&#xd;   
          &lt;tr&gt;&#xd; 
            &lt;td valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;    
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;6&quot; valign=&quot;bottom&quot; width=&quot;32%&quot; style=&quot;BORDER-BOTTOM: black 2px solid&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;December&#xd;  
                31,&lt;/font&gt;&#xd;   
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr&gt;&#xd; 
            &lt;td valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;    
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;15%&quot; style=&quot;BORDER-BOTTOM: black 2px solid&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;2011&lt;/font&gt;&#xd; 
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;15%&quot; style=&quot;BORDER-BOTTOM: black 2px solid&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;2010&lt;/font&gt;&#xd; 
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr style=&quot;background-color: #C0FFFF;&quot;&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;66%&quot;&gt;&#xd;    
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Raw&#xd;   
                materials&lt;/font&gt;&#xd;    
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;  
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              &amp;#160;&#xd;     
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            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;66%&quot;&gt;&#xd;    
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            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;66%&quot;&gt;&#xd;    
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Building&#xd;   
                and improvements&lt;/font&gt;&#xd; 
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;17,642,165&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;7,881,596&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr style=&quot;background-color: #C0FFFF;&quot;&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;66%&quot;&gt;&#xd;    
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Machinery&#xd;    
                and equipment&lt;/font&gt;&#xd;   
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;17,270,155&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;15,029,596&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;66%&quot;&gt;&#xd;    
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Computer&#xd;   
                hardware and software&lt;/font&gt;&#xd; 
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;1,153,730&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;1,040,898&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr style=&quot;background-color: #C0FFFF;&quot;&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Construction-in-progress&lt;/font&gt;&#xd;  
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;3,585,156&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;3,451,689&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;66%&quot;&gt;&#xd;    
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Total&#xd;     
                property and equipment, at cost&lt;/font&gt;&#xd; 
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;44,182,383&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;31,724,805&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr style=&quot;background-color: #C0FFFF;&quot;&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Less&#xd;    
                accumulated depreciation and amortization&lt;/font&gt;&#xd; 
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;13,183,894&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;9,709,303&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Property&#xd;   
                and equipment, net&lt;/font&gt;&#xd;   
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;30,998,489&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;22,015,502&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
        &lt;/table&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd; 
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;The&#xd;   
      Company has completed the first phase of construction of two&#xd;  
      new buildings adjacent to its current facility in Wuxi,&#xd;  
      China, comprising 20,800 square meters, consisting of 8,700&#xd; 
      square meters for a new research and development institute&#xd;     
      and 12,100 square meters of new manufacturing facilities.&#xd;    
      Phase two includes the furnishing and equipment of the&#xd; 
      manufacturing facility. By the end of 2011, the Company&#xd;  
      completed one third of phase two to furnish and equip the new&#xd;   
      manufacturing building.&lt;/font&gt;&#xd;   
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;In&#xd;  
      June 2010, the Company purchased a piece of land in Wuxi for&#xd;  
      approximately $4 million to build the MTS manufacturing&#xd;  
      facility.&amp;#160;&amp;#160;In August 2011, the Company completed&#xd;   
      construction of the MTS manufacturing facility with 14,000&#xd;     
      square meters of total space to host the manufacturing of its&#xd;   
      system solution products. The construction cost of&#xd;  
      approximately $8.1 million was financed by the local Chinese&#xd;  
      government. The Company is currently negotiating with the&#xd;    
      local Chinese government&amp;#160;the terms of&#xd;   
      an&amp;#160;arrangement under which the Company expects either to&#xd;  
      lease the building for five years or&amp;#160;to&#xd;     
      purchase&amp;#160;the building at cost from the government within&#xd;  
      five years. The $8.1 million cost of construction of the&#xd;   
      building is reflected as a long-term liability in the&#xd;     
      accompanying consolidated financial statements.&lt;/font&gt;&#xd;  
    &lt;/div&gt;&lt;br/&gt;</us-gaap:PropertyPlantAndEquipmentDisclosureTextBlock>   
  <us-gaap:GoodwillAndIntangibleAssetsDisclosureTextBlock contextRef="c2_From1Jan2011To31Dec2011">&lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;8.&amp;#160;&amp;#160;GOODWILL&#xd;    
      AND INTANGIBLE ASSETS&lt;/font&gt;&#xd; 
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;    
      &lt;font style=&quot;FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;Goodwill&lt;/font&gt;&#xd;     
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;Goodwill&#xd;   
      represents the excess cost of the Crossbow asset acquisition&#xd;  
      over the net fair value allocated to the assets acquired and&#xd;  
      liabilities assumed and to the acquired intangible asset that&#xd;   
      does not qualify for separate recognition according to ASC&#xd;     
      Topic 805. All goodwill acquired in the Crossbow acquisition&#xd;  
      has been allocated to the Company&amp;#8217;s system solutions&#xd;    
      product segment. The factors that account for the goodwill&#xd;     
      include the following synergies:&lt;/font&gt;&#xd;  
    &lt;/div&gt;&lt;br/&gt;&lt;table align=&quot;center&quot; border=&quot;0&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; id=&quot;hangingindent-77&quot; width=&quot;100%&quot; style=&quot;FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman&quot;&gt;&#xd;     
        &lt;tr valign=&quot;top&quot; style=&quot;LINE-HEIGHT: 1.25;&quot;&gt;&#xd;    
          &lt;td style=&quot;WIDTH: 42px&quot;&gt;&#xd; 
            &lt;div&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/div&gt;&#xd;     
          &lt;/td&gt;&#xd;  
          &lt;td style=&quot;WIDTH: 16px&quot;&gt;&#xd; 
            &lt;div style=&quot;TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;&lt;font style=&quot;display: inline; font-family: Symbol, serif;&quot;&gt;&amp;#183;&lt;/font&gt;&lt;/font&gt;&#xd;    
            &lt;/div&gt;&#xd;     
          &lt;/td&gt;&#xd;  
          &lt;td width=&quot;1587&quot;&gt;&#xd;    
            &lt;div align=&quot;left&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;&lt;font style=&quot;DISPLAY: inline; FONT-SIZE: 10pt&quot;&gt;Combined&#xd;    
              enhanced technical capability &amp;#8211; the&#xd;     
              Company&amp;#8217;s low cost sensing technology combined&#xd; 
              with Crossbow&amp;#8217;s system integration expertise&#xd;    
              enables the Company to develop low-cost, high&#xd;     
              performance integrated sensing system&#xd;  
              products&lt;/font&gt;.&lt;/font&gt;&#xd;     
            &lt;/div&gt;&#xd;     
          &lt;/td&gt;&#xd;  
        &lt;/tr&gt;&#xd;     
      &lt;/table&gt;&lt;br/&gt;&lt;table align=&quot;center&quot; border=&quot;0&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; id=&quot;hangingindent-78&quot; width=&quot;100%&quot; style=&quot;FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman&quot;&gt;&#xd;    
        &lt;tr valign=&quot;top&quot; style=&quot;LINE-HEIGHT: 1.25;&quot;&gt;&#xd;    
          &lt;td style=&quot;WIDTH: 42px&quot;&gt;&#xd; 
            &lt;div&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/div&gt;&#xd;     
          &lt;/td&gt;&#xd;  
          &lt;td style=&quot;WIDTH: 16px&quot;&gt;&#xd; 
            &lt;div style=&quot;TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;&lt;font style=&quot;display: inline; font-family: Symbol, serif;&quot;&gt;&amp;#183;&lt;/font&gt;&lt;/font&gt;&#xd;    
            &lt;/div&gt;&#xd;     
          &lt;/td&gt;&#xd;  
          &lt;td width=&quot;1587&quot;&gt;&#xd;    
            &lt;div align=&quot;left&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;Synergistic&#xd;    
              expanded customer base in stable markets &amp;#8211; the&#xd; 
              acquisition gave the Company access to industrial and&#xd;   
              aerospace markets that generally offer higher margins&#xd;   
              and more stability than its current mobile and&#xd; 
              consumer markets.&lt;/font&gt;&#xd;     
            &lt;/div&gt;&#xd;     
          &lt;/td&gt;&#xd;  
        &lt;/tr&gt;&#xd;     
      &lt;/table&gt;&lt;br/&gt;&lt;table align=&quot;center&quot; border=&quot;0&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; id=&quot;hangingindent-79&quot; width=&quot;100%&quot; style=&quot;FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman&quot;&gt;&#xd;    
        &lt;tr valign=&quot;top&quot; style=&quot;LINE-HEIGHT: 1.25;&quot;&gt;&#xd;    
          &lt;td style=&quot;WIDTH: 42px&quot;&gt;&#xd; 
            &lt;div&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/div&gt;&#xd;     
          &lt;/td&gt;&#xd;  
          &lt;td style=&quot;WIDTH: 16px&quot;&gt;&#xd; 
            &lt;div style=&quot;TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;&lt;font style=&quot;display: inline; font-family: Symbol, serif;&quot;&gt;&amp;#183;&lt;/font&gt;&lt;/font&gt;&#xd;    
            &lt;/div&gt;&#xd;     
          &lt;/td&gt;&#xd;  
          &lt;td width=&quot;1587&quot;&gt;&#xd;    
            &lt;div align=&quot;left&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;Increased&#xd;  
              growth opportunity for the acquired business lines in&#xd;   
              the China market by utilizing the Company&amp;#8217;s&#xd;   
              China sales channels and resources.&lt;/font&gt;&#xd;   
            &lt;/div&gt;&#xd;     
          &lt;/td&gt;&#xd;  
        &lt;/tr&gt;&#xd;     
      &lt;/table&gt;&lt;br/&gt;&lt;table align=&quot;center&quot; border=&quot;0&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; id=&quot;hangingindent-80&quot; width=&quot;100%&quot; style=&quot;FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman&quot;&gt;&#xd;    
        &lt;tr valign=&quot;top&quot; style=&quot;LINE-HEIGHT: 1.25;&quot;&gt;&#xd;    
          &lt;td style=&quot;WIDTH: 42px&quot;&gt;&#xd; 
            &lt;div&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/div&gt;&#xd;     
          &lt;/td&gt;&#xd;  
          &lt;td style=&quot;WIDTH: 16px&quot;&gt;&#xd; 
            &lt;div style=&quot;TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;&lt;font style=&quot;display: inline; font-family: Symbol, serif;&quot;&gt;&amp;#183;&lt;/font&gt;&lt;/font&gt;&#xd;    
            &lt;/div&gt;&#xd;     
          &lt;/td&gt;&#xd;  
          &lt;td width=&quot;1587&quot;&gt;&#xd;    
            &lt;div align=&quot;left&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;The&#xd; 
              opportunity to leverage the Company&amp;#8217;s low cost&#xd; 
              manufacturing capacity in China to reduce the&#xd;     
              manufacturing cost of the acquired system products&#xd;     
              and improve gross margin.&lt;/font&gt;&#xd;   
            &lt;/div&gt;&#xd;     
          &lt;/td&gt;&#xd;  
        &lt;/tr&gt;&#xd;     
      &lt;/table&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;    
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;The&#xd;   
      Company evaluates the goodwill annually at the end of the&#xd;    
      year. In December 2011 the&lt;/font&gt; &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;Company&#xd;  
      performed an impairment test for goodwill and the&#xd; 
      Company&amp;#8217;s management reached a conclusion after two&#xd;   
      years of operations that the system solutions business was&#xd;     
      not likely to grow as originally forecasted without creating&#xd;  
      new market applications with new and upgraded products. The&#xd; 
      Company concluded that this slower than anticipated growth&#xd;     
      represented an indicator of impairment of the goodwill&#xd; 
      associated with the acquired assets. The Company concluded&#xd;     
      that impairment existed as of December 31, 2011 and recorded&#xd;  
      an impairment charge of $4.5 million in 2011. The ending&#xd;   
      balance of goodwill at December 31, 2011 was $607,000.&lt;/font&gt;&#xd;    
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;The&#xd;   
      Company determined the goodwill impairment according to ASC&#xd; 
      Topic 350, &lt;font style=&quot;FONT-STYLE: italic; DISPLAY: inline&quot;&gt;Goodwill and&#xd; 
      Other Intangible Assets&lt;/font&gt; and ASC Topic 360, &lt;font style=&quot;FONT-STYLE: italic; DISPLAY: inline&quot;&gt;Impairment or&#xd;  
      Disposal of Long-Lived Assets&lt;/font&gt;, using a two-step&#xd;  
      method. In the first step, it compared the estimated fair&#xd;    
      value of its system solution product reporting unit to its&#xd;     
      carrying amount, including goodwill and it indicated an&#xd;  
      impairment.&lt;/font&gt;&#xd; 
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;The&#xd;   
      determination of the fair value of our system solution&#xd; 
      product reporting unit included two valuation methods: the&#xd;     
      income approach and the market approach. Under the income&#xd;    
      approach, the Company considered the discounted cash flow&#xd;    
      (DCF) method. Under the market approach, it considered the&#xd;     
      guideline public company (GPC). The income approach provides&#xd;  
      a method for incorporating the Company&amp;#8217;s long term&#xd;  
      forecast into the determination of value. Judgment is&#xd;     
      required when performing adjustments to the forecast,&#xd;     
      selecting an appropriate discount rate and determining a&#xd;   
      terminal value. The market approach provides a method for&#xd;    
      incorporating market prices and multiples into the&#xd;  
      determination of value. Judgment is required when selecting&#xd; 
      guideline companies and transactions and when adjusting the&#xd; 
      multiples. Under the guideline public company method, value&#xd; 
      was estimated based on multiples of 2011 revenues and 2012&#xd;     
      projected revenues. The Company compared our system solution&#xd;  
      product reporting unit to the guideline public companies in&#xd; 
      terms of size, profit margins and revenue growth rates. The&#xd; 
      guideline public company multiples were discounted based on&#xd; 
      these comparisons. A premium for control of 17% was applied&#xd; 
      to the value indicated by the guideline public company&#xd; 
      method. We have applied equal weighting to the income and GPC&#xd;   
      approaches. We tested the reasonableness of the fair value&#xd;     
      conclusion by calculating value using the DCF method and the&#xd;  
      GPC method, comparing the fair value conclusion to the market&#xd;   
      capitalization of the parent company.&lt;/font&gt;&#xd;  
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;As&#xd;  
      a result of this analysis, the Company concluded that the&#xd;    
      fair value of our system solution product reporting unit was&#xd;  
      less than the carrying amount, indicating an&#xd; 
      impairment.&lt;/font&gt;&#xd; 
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;According&#xd;    
      to ASC Topic 350, if the carrying amount exceeds the&#xd;    
      estimated fair value, step two is required to determine the&#xd; 
      amount of the impairment loss. Step two requires the&#xd;    
      allocation of the estimated fair value of the system solution&#xd;   
      product segment, including any unrecognized intangible&#xd; 
      assets, and liabilities in a hypothetical purchase price&#xd;   
      allocation. Any remaining unallocated fair value represents&#xd; 
      the implied fair value of goodwill, which is compared to the&#xd;  
      corresponding carrying value of goodwill to compute the&#xd;  
      goodwill impairment amount. The Company followed these steps&#xd;  
      and calculated the goodwill impairment to be $4.5 million at&#xd;  
      December 31, 2011.&lt;/font&gt;&#xd;   
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;The&#xd;   
      Company will continue to perform an annual impairment test&#xd;     
      for goodwill at the end of each fiscal year to determine&#xd;   
      potential impairment of the remaining goodwill. In addition&#xd; 
      to the annual goodwill impairment test, an interim test for&#xd; 
      goodwill impairment will be completed when an event occurs or&#xd;   
      circumstances change between annual tests that would more&#xd;    
      likely than not reduce the fair value of the reporting unit&#xd; 
      below its carrying value. Conditions that would trigger an&#xd;     
      impairment assessment include, but are not limited to, a&#xd;   
      significant adverse change in legal factors or business&#xd;  
      climate that could affect the value of an asset.&lt;/font&gt;&#xd;   
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
        &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;The&#xd;     
        carrying amount of goodwill and activity for the year ended&#xd;   
        December 31, 2011 is as follows:&lt;/font&gt;&#xd;    
      &lt;/div&gt;&lt;br/&gt;&lt;table cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; width=&quot;90%&quot; style=&quot;FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman&quot;&gt;&#xd;   
              &lt;tr&gt;&#xd;     
                &lt;td valign=&quot;bottom&quot; width=&quot;58%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;   
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
                &lt;/td&gt;&#xd;   
                &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
                &lt;/td&gt;&#xd;   
                &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;12%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: center&quot;&gt;&#xd; 
                  &lt;div&gt;&#xd;     
                    &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;Sensor&lt;/font&gt;&lt;/font&gt;&#xd;   
                  &lt;/div&gt;&#xd; 
                  &lt;div&gt;&#xd;     
                    &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;business&lt;/font&gt;&lt;/font&gt;&#xd;     
                  &lt;/div&gt;&#xd; 
                  &lt;div&gt;&#xd;     
                    &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;segment&lt;/font&gt;&lt;/font&gt;&#xd;    
                  &lt;/div&gt;&#xd; 
                &lt;/td&gt;&#xd;   
                &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd; 
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
                &lt;/td&gt;&#xd;   
                &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
                &lt;/td&gt;&#xd;   
                &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;12%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: center&quot;&gt;&#xd; 
                  &lt;div&gt;&#xd;     
                    &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;System&lt;/font&gt;&lt;/font&gt;&#xd;   
                  &lt;/div&gt;&#xd; 
                  &lt;div&gt;&#xd;     
                    &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;solution&lt;/font&gt;&lt;/font&gt;&#xd;     
                  &lt;/div&gt;&#xd; 
                  &lt;div&gt;&#xd;     
                    &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;business&lt;/font&gt;&lt;/font&gt;&#xd;     
                  &lt;/div&gt;&#xd; 
                  &lt;div&gt;&#xd;     
                    &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;segment&lt;/font&gt;&lt;/font&gt;&#xd;    
                  &lt;/div&gt;&#xd; 
                &lt;/td&gt;&#xd;   
                &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd; 
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
                &lt;/td&gt;&#xd;   
                &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
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      &lt;font style=&quot;FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;Intangible&#xd;    
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      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;Intangible&#xd;     
      assets relate to issued and applied-for patents on the&#xd; 
      Company&amp;#8217;s core technology and gas meter processing&#xd;  
      know-how purchased in May 2008, as well as trademarks,&#xd; 
      customer relationships and developed technology acquired from&#xd;   
      Crossbow Technology, Inc. on January 15, 2010.&lt;/font&gt;&#xd; 
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      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;Intangible&#xd;     
      assets consisted of the following at December 31,&#xd; 
      2011:&lt;/font&gt;&#xd;     
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          &lt;tr&gt;&#xd; 
            &lt;td valign=&quot;bottom&quot; width=&quot;44%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;    
              &amp;#160;&#xd;     
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              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;(Years)&lt;/font&gt;&#xd;    
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            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr style=&quot;background-color: #C0FFFF;&quot;&gt;&#xd; 
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                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;December&#xd;  
                31, 2011&lt;/font&gt;&#xd;   
              &lt;/div&gt;&#xd;  
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              &amp;#160;&#xd;     
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              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
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              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
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              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;11,894,328&lt;/font&gt;&#xd; 
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      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;Amortization&#xd;  
      expense expected over the next five years (2012 and beyond)&#xd; 
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      amounted to $1.6 million and $1.5 million, respectively, for&#xd;  
      the years ended December 31, 2011 and&#xd;    
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      rate.&lt;/font&gt;&#xd;     
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      concluded that the straight-line amortization method best&#xd;    
      approximates the economic pattern of usefulness of those&#xd;   
      assets.&lt;/font&gt;&#xd;  
    &lt;/div&gt;&lt;br/&gt;</us-gaap:GoodwillAndIntangibleAssetsDisclosureTextBlock>     
  <us-gaap:AccountsPayableAndAccruedLiabilitiesDisclosureTextBlock contextRef="c2_From1Jan2011To31Dec2011">&lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;    
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;9.&#xd; 
      ACCRUED EXPENSES&lt;/font&gt;&#xd; 
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;Accrued&#xd;  
      expenses consist of the following:&lt;/font&gt;&#xd;    
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              &amp;#160;&#xd;     
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                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;December&#xd;  
                31,&lt;/font&gt;&#xd;   
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                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;2010&lt;/font&gt;&#xd; 
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
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          &lt;tr style=&quot;background-color: #C0FFFF;&quot;&gt;&#xd; 
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;1,039,034&lt;/font&gt;&#xd;     
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
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            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;674,869&lt;/font&gt;&#xd;   
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
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          &lt;tr&gt;&#xd; 
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              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Total&#xd;     
                accrued expenses&lt;/font&gt;&#xd; 
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            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;  
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            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;2,630,966&lt;/font&gt;&#xd;     
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            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
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            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;2,969,839&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
        &lt;/table&gt;&lt;br/&gt;</us-gaap:AccountsPayableAndAccruedLiabilitiesDisclosureTextBlock>     
  <us-gaap:DebtDisclosureTextBlock contextRef="c2_From1Jan2011To31Dec2011">&lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;  
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;10.&amp;#160;&amp;#160;NOTE&#xd; 
      PAYABLE TO BANK&lt;/font&gt;&#xd;     
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;On&#xd;  
      June 30, 2010, MTS, a wholly owned subsidiary of MEMSIC&#xd;  
      Semiconductor, entered into a five-year project loan&#xd;    
      agreement with Agricultural Bank of China. The total loan&#xd;    
      available is $20 million, of which $15 million was designated&#xd;   
      by the Company for the purchase of substantially all the&#xd;   
      assets acquired from Crossbow Technology, Inc., $3 million&#xd;     
      for working capital purposes and $2 million for the purchase&#xd;  
      of equipment to be used in the manufacture of the&#xd; 
      Company&amp;#8217;s system solution products.&lt;/font&gt;&#xd;     
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;The&#xd;   
      loan is collateralized by the buildings and land owned by&#xd;    
      MEMSIC Semiconductor as well as the land and intellectual&#xd;    
      property owned or to be purchased by MTS. The interest rate&#xd; 
      of the loan is a variable rate, adjusted semi-annually based&#xd;  
      on the LIBOR rate plus 4.00%. MTS has obtained agreement from&#xd;   
      the local government in Wuxi, China to fully subsidize the&#xd;     
      interest expense on a quarterly basis. No financial covenants&#xd;   
      are required for this loan. As of December 31, 2011, MTS has&#xd;  
      withdrawn an amount of $17.9 million and has $2.1 million&#xd;    
      available for borrowing. Interest expense paid and subsidized&#xd;   
      by the Wuxi government for the year ended December 31, 2011&#xd; 
      was $0.9 million.&amp;#160;&amp;#160;In the remote event the Wuxi&#xd;  
      government is unable to fulfill its obligation, the Company&#xd; 
      would recognize the interest expense in its income statement.&#xd;   
      The repayment schedule of the principal amount is as&#xd;    
      follows:&lt;/font&gt;&#xd;   
    &lt;/div&gt;&lt;br/&gt;&lt;table cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; width=&quot;86%&quot; style=&quot;FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman&quot;&gt;&#xd; 
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            &lt;td valign=&quot;bottom&quot; width=&quot;83%&quot; style=&quot;BORDER-BOTTOM: black 2px solid&quot;&gt;&#xd;     
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&lt;font style=&quot;DISPLAY: inline; FONT-WEIGHT: bold&quot;&gt;Date&lt;/font&gt;&lt;/font&gt;&#xd;     
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
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              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&lt;font style=&quot;DISPLAY: inline; FONT-WEIGHT: bold&quot;&gt;Payment&lt;/font&gt;&lt;/font&gt;&#xd;   
              &lt;/div&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&lt;font style=&quot;DISPLAY: inline; FONT-WEIGHT: bold&quot;&gt;Amount&lt;/font&gt;&lt;/font&gt;&#xd;  
              &lt;/div&gt;&#xd;  
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            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
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          &lt;/tr&gt;&#xd;  
          &lt;tr style=&quot;background-color: #C0FFFF;&quot;&gt;&#xd; 
            &lt;td valign=&quot;bottom&quot; width=&quot;83%&quot;&gt;&#xd; 
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;June&#xd;    
                29, 2012&lt;/font&gt;&#xd;   
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
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            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;  
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            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;500,000&lt;/font&gt;&#xd;   
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
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          &lt;tr&gt;&#xd; 
            &lt;td valign=&quot;bottom&quot; width=&quot;83%&quot;&gt;&#xd; 
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;June&#xd;    
                29, 2013&lt;/font&gt;&#xd;   
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;  
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            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;1,000,000&lt;/font&gt;&#xd;     
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            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr style=&quot;background-color: #C0FFFF;&quot;&gt;&#xd; 
            &lt;td valign=&quot;bottom&quot; width=&quot;83%&quot;&gt;&#xd; 
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;June&#xd;    
                29, 2014&lt;/font&gt;&#xd;   
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;2,500,000&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr&gt;&#xd; 
            &lt;td valign=&quot;bottom&quot; width=&quot;83%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;    
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;June&#xd;    
                29, 2015&lt;/font&gt;&#xd;   
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;13,930,000&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr style=&quot;background-color: #C0FFFF;&quot;&gt;&#xd; 
            &lt;td valign=&quot;bottom&quot; width=&quot;83%&quot; style=&quot;PADDING-BOTTOM: 4px&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;17,930,000&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
        &lt;/table&gt;&lt;br/&gt;</us-gaap:DebtDisclosureTextBlock>   
  <us-gaap:DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock contextRef="c2_From1Jan2011To31Dec2011">&lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;  
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;11.&#xd;  
      COMMON STOCK&lt;/font&gt;&#xd;  
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;The&#xd;   
      Company reserved 5,990,405 and 4,525,968 shares at December&#xd; 
      31, 2011 and 2010 for outstanding options to purchase common&#xd;  
      stock.&lt;/font&gt;&#xd; 
    &lt;/div&gt;&lt;br/&gt;</us-gaap:DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock>  
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  <us-gaap:ShareholdersEquityAndShareBasedPaymentsTextBlock contextRef="c2_From1Jan2011To31Dec2011">&lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;  
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;12.&#xd;  
      STOCK INCENTIVE PLAN&lt;/font&gt;&#xd;     
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;    
      &lt;font style=&quot;FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;Description&#xd;     
      of Plan&lt;/font&gt;&#xd;  
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;On&#xd;  
      March&amp;#160;29, 2000, the Company&amp;#8217;s stockholders and&#xd;  
      board of directors approved the 2000 Omnibus Stock Plan (the&#xd;  
      &amp;#8220;2000 Plan&amp;#8221;), as amended, under which 2,969,000&#xd;    
      shares of the Company&amp;#8217;s common stock were reserved for&#xd; 
      issuance to directors, officers, employees, and&#xd;    
      consultants.&amp;#160;&amp;#160;With the adoption of the 2007 Plan&#xd;   
      discussed below, the Company no longer grants awards under&#xd;     
      the 2000 Plan.&lt;/font&gt;&#xd;    
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;On&#xd;  
      August&amp;#160;22, 2007, the Company&amp;#8217;s board of directors&#xd;     
      approved the 2007 Stock Incentive Plan (the &amp;#8220;2007&#xd; 
      Plan&amp;#8221;), under which up to 3,000,000 shares of the&#xd; 
      Company&amp;#8217;s common stock may become available for&#xd;    
      issuance. At the adoption date, 1,526,425 shares were&#xd;     
      reserved for issuance. The reserved amount will increase by&#xd; 
      300,000 shares at each of the five anniversaries of the&#xd;  
      adoption date, for a maximum of 3,000,000 shares issuable&#xd;    
      under the 2007 Plan.&lt;/font&gt;&#xd;     
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;Options&#xd;  
      granted under the 2000 Plan and the 2007 Plan may be&#xd;    
      incentive stock options or nonqualified stock options. Both&#xd; 
      the 2000 Plan and the 2007 Plan provide that the exercise&#xd;    
      price of incentive stock options must be at least equal to&#xd;     
      the market value of the Company&amp;#8217;s common stock at the&#xd;     
      date such option is granted. For incentive stock option&#xd;  
      grants to an employee who owns more than 10% of the&#xd;   
      outstanding shares of common stock of the Company, the&#xd; 
      exercise price of the incentive stock option must be not less&#xd;   
      than 110% of market value at the time of grant. Granted&#xd;  
      options expire in ten years or less from the date of grant&#xd;     
      and vest based on the terms of the awards, generally ratably&#xd;  
      over four years.&lt;/font&gt;&#xd; 
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;Prior&#xd;     
      to December&amp;#160;19, 2007, there was no public market for the&#xd;  
      Company&amp;#8217;s common stock. Accordingly, the board of&#xd; 
      directors determined the market value of the common stock at&#xd;  
      the date of grant by considering a number of relevant&#xd;     
      factors, including the Company&amp;#8217;s operating and&#xd;   
      financial performance and corporate milestones achieved, the&#xd;  
      prices at which shares of convertible preferred stock in&#xd;   
      arm&amp;#8217;s-length transactions were sold, the composition of&#xd;  
      and changes to the management team, the superior rights and&#xd; 
      preferences of securities senior to the common stock at the&#xd; 
      time of each grant and the likelihood of achieving a&#xd;    
      liquidity event for the shares of common stock underlying&#xd;    
      stock options.&lt;/font&gt;&#xd;    
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;On&#xd;  
      December 9, 2009, the Company&amp;#8217;s board of directors&#xd;  
      approved the 2009 Nonqualified Inducement Stock Option Plan&#xd; 
      (the &amp;#8220;2009 Plan&amp;#8221;) with an effective date on&#xd;     
      January 15, 2010, the closing date of the acquisition of&#xd;   
      Crossbow assets. Under the 2009 Plan, up to 1,250,000 shares&#xd;  
      of the Company&amp;#8217;s common stock may become available for&#xd; 
      issuance. On December 23, 2010, the Company&amp;#8217;s board of&#xd; 
      directors approved an Amended and Restated 2009 Nonqualified&#xd;  
      Inducement Stock Option Plan (the &amp;#8220;Amended and Restated&#xd;  
      Plan&amp;#8221;) and an increase in shares of the Company&amp;#8217;s&#xd; 
      common stock available for issuance under the Amended and&#xd;    
      Restated Plan from 1,250,000 to 2,500,000. Except as&#xd;    
      otherwise determined by the Compensation Committee of the&#xd;    
      Company&amp;#8217;s board of directors, the form of option to be&#xd; 
      employed under the Amended and Restated Plan shall be&#xd;     
      substantially identical to the form of nonqualified option&#xd;     
      customarily used under the Company&amp;#8217;s 2007 Stock&#xd;    
      Incentive Plan.&lt;/font&gt;&#xd;     
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;On&#xd;  
      June 29, 2011 at our Annual Meeting of Stockholders, the&#xd;   
      Company&amp;#8217;s stockholders and board of directors approved&#xd; 
      the amendment and restatement of the Company&amp;#8217;s 2007&#xd;   
      Plan. The Amended and Restated 2007 Plan&lt;/font&gt;&#xd;     
    &lt;/div&gt;&lt;br/&gt;&lt;table align=&quot;center&quot; border=&quot;0&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; id=&quot;hangingindent-81&quot; width=&quot;100%&quot; style=&quot;FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman&quot;&gt;&#xd;     
        &lt;tr valign=&quot;top&quot; style=&quot;LINE-HEIGHT: 1.25;&quot;&gt;&#xd;    
          &lt;td style=&quot;WIDTH: 42px&quot;&gt;&#xd; 
            &lt;div&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/div&gt;&#xd;     
          &lt;/td&gt;&#xd;  
          &lt;td style=&quot;WIDTH: 16px&quot;&gt;&#xd; 
            &lt;div style=&quot;TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;&lt;font style=&quot;display: inline; font-family: Symbol, serif;&quot;&gt;&amp;#183;&lt;/font&gt;&lt;/font&gt;&#xd;    
            &lt;/div&gt;&#xd;     
          &lt;/td&gt;&#xd;  
          &lt;td width=&quot;1587&quot;&gt;&#xd;    
            &lt;div align=&quot;left&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;permits&#xd;     
              the granting of restricted stock units&#xd;   
              (&amp;#8220;RSU&amp;#8221;), performance-based stock awards&#xd;    
              and stock appreciation rights;&lt;/font&gt;&#xd;   
            &lt;/div&gt;&#xd;     
          &lt;/td&gt;&#xd;  
        &lt;/tr&gt;&#xd;     
      &lt;/table&gt;&lt;br/&gt;&lt;table align=&quot;center&quot; border=&quot;0&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; id=&quot;hangingindent-82&quot; width=&quot;100%&quot; style=&quot;FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman&quot;&gt;&#xd;    
        &lt;tr valign=&quot;top&quot; style=&quot;LINE-HEIGHT: 1.25;&quot;&gt;&#xd;    
          &lt;td style=&quot;WIDTH: 42px&quot;&gt;&#xd; 
            &lt;div&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/div&gt;&#xd;     
          &lt;/td&gt;&#xd;  
          &lt;td style=&quot;WIDTH: 16px&quot;&gt;&#xd; 
            &lt;div style=&quot;TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;&lt;font style=&quot;display: inline; font-family: Symbol, serif;&quot;&gt;&amp;#183;&lt;/font&gt;&lt;/font&gt;&#xd;    
            &lt;/div&gt;&#xd;     
          &lt;/td&gt;&#xd;  
          &lt;td width=&quot;1587&quot;&gt;&#xd;    
            &lt;div align=&quot;left&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;eliminates&#xd;   
              the ability to reprice options;&lt;/font&gt;&#xd;    
            &lt;/div&gt;&#xd;     
          &lt;/td&gt;&#xd;  
        &lt;/tr&gt;&#xd;     
      &lt;/table&gt;&lt;br/&gt;&lt;table align=&quot;center&quot; border=&quot;0&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; id=&quot;hangingindent-83&quot; width=&quot;100%&quot; style=&quot;FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman&quot;&gt;&#xd;    
        &lt;tr valign=&quot;top&quot; style=&quot;LINE-HEIGHT: 1.25;&quot;&gt;&#xd;    
          &lt;td style=&quot;WIDTH: 42px&quot;&gt;&#xd; 
            &lt;div&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/div&gt;&#xd;     
          &lt;/td&gt;&#xd;  
          &lt;td style=&quot;WIDTH: 16px&quot;&gt;&#xd; 
            &lt;div style=&quot;TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;&lt;font style=&quot;display: inline; font-family: Symbol, serif;&quot;&gt;&amp;#183;&lt;/font&gt;&lt;/font&gt;&#xd;    
            &lt;/div&gt;&#xd;     
          &lt;/td&gt;&#xd;  
          &lt;td width=&quot;1587&quot;&gt;&#xd;    
            &lt;div align=&quot;left&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;extends&#xd;     
              the expiration date of the plan to June 29,&#xd;   
              2021;&lt;/font&gt;&#xd;   
            &lt;/div&gt;&#xd;     
          &lt;/td&gt;&#xd;  
        &lt;/tr&gt;&#xd;     
      &lt;/table&gt;&lt;br/&gt;&lt;table align=&quot;center&quot; border=&quot;0&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; id=&quot;hangingindent-84&quot; width=&quot;100%&quot; style=&quot;FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman&quot;&gt;&#xd;    
        &lt;tr valign=&quot;top&quot; style=&quot;LINE-HEIGHT: 1.25;&quot;&gt;&#xd;    
          &lt;td style=&quot;WIDTH: 42px&quot;&gt;&#xd; 
            &lt;div&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/div&gt;&#xd;     
          &lt;/td&gt;&#xd;  
          &lt;td style=&quot;WIDTH: 16px&quot;&gt;&#xd; 
            &lt;div style=&quot;TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;&lt;font style=&quot;display: inline; font-family: Symbol, serif;&quot;&gt;&amp;#183;&lt;/font&gt;&lt;/font&gt;&#xd;    
            &lt;/div&gt;&#xd;     
          &lt;/td&gt;&#xd;  
          &lt;td width=&quot;1587&quot;&gt;&#xd;    
            &lt;div align=&quot;left&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;provides&#xd; 
              that awards may qualify as &amp;#8220;performance-based&#xd;     
              compensation&amp;#8221; under Section 162(m) of the&#xd; 
              Internal Revenue Code of 1986, as amended; and&lt;/font&gt;&#xd;    
            &lt;/div&gt;&#xd;     
          &lt;/td&gt;&#xd;  
        &lt;/tr&gt;&#xd;     
      &lt;/table&gt;&lt;br/&gt;&lt;table align=&quot;center&quot; border=&quot;0&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; id=&quot;hangingindent-85&quot; width=&quot;100%&quot; style=&quot;FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman&quot;&gt;&#xd;    
        &lt;tr valign=&quot;top&quot; style=&quot;LINE-HEIGHT: 1.25;&quot;&gt;&#xd;    
          &lt;td style=&quot;WIDTH: 42px&quot;&gt;&#xd; 
            &lt;div&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/div&gt;&#xd;     
          &lt;/td&gt;&#xd;  
          &lt;td style=&quot;WIDTH: 16px&quot;&gt;&#xd; 
            &lt;div style=&quot;TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;&lt;font style=&quot;display: inline; font-family: Symbol, serif;&quot;&gt;&amp;#183;&lt;/font&gt;&lt;/font&gt;&#xd;    
            &lt;/div&gt;&#xd;     
          &lt;/td&gt;&#xd;  
          &lt;td width=&quot;1587&quot;&gt;&#xd;    
            &lt;div align=&quot;left&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;incorporates&#xd;     
              certain other administrative provisions.&lt;/font&gt;&#xd;   
            &lt;/div&gt;&#xd;     
          &lt;/td&gt;&#xd;  
        &lt;/tr&gt;&#xd;     
      &lt;/table&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;    
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;The&#xd;   
      approval of the amendment and restatement of the 2007 Plan&#xd;     
      does not change the number of shares available for awards&#xd;    
      under the 2007 Plan.&lt;/font&gt;&#xd;     
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;    
      &lt;font style=&quot;FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;Valuation&#xd;   
      of Stock Options&lt;/font&gt;&#xd; 
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;The&#xd;   
      Company uses the Black-Scholes option pricing model to&#xd; 
      calculate the grant-date fair value of an option award. The&#xd; 
      key input assumptions used in the Black-Scholes option&#xd; 
      pricing model include: (i)&amp;#160;the risk-free interest rate&#xd;     
      is based on the yield available on U.S.&amp;#160;Treasury&#xd;    
      zero-coupon bonds at the date of grant with maturity dates&#xd;     
      approximately equal to the expected life at the grant date,&#xd; 
      (ii)&amp;#160;the expected life of the options is based on&#xd;     
      evaluations of historical and expected future employee&#xd; 
      exercise behavior; (iii)&amp;#160;volatility is based on the&#xd;  
      implied volatility of the Company&amp;#8217;s common stock, which&#xd;  
      the Company believes results in the best estimate of the&#xd;   
      grant-date fair value of employee stock options because it&#xd;     
      reflects the market&amp;#8217;s current expectations of future&#xd;    
      volatility. Prior to January 1, 2010, due to limited&#xd;    
      historical information on the volatility of the&#xd;    
      Company&amp;#8217;s common stock, the Company determined the&#xd;  
      volatility for options based on an analysis of reported data&#xd;  
      for a peer group of companies that issued options with&#xd; 
      substantially similar terms; and (iv)&amp;#160;dividend yield of&#xd; 
      zero, as the Company has not paid dividends in the past and&#xd; 
      it does not expect to in the foreseeable future. The Company&#xd;  
      utilizes historical data to estimate pre-vesting forfeitures&#xd;  
      and records stock-based compensation expense only for those&#xd; 
      awards that are expected to vest.&lt;/font&gt;&#xd;   
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;During&#xd; 
      the third and fourth quarter of 2011, the company only&#xd; 
      granted restricted stock units and did not grant any stock&#xd;     
      options. The weighted-average fair values per share of the&#xd;     
      options granted during 2011 and 2010 were $1.97 and $2.00,&#xd;     
      respectively, utilizing the following assumptions:&lt;/font&gt;&#xd;     
    &lt;/div&gt;&lt;br/&gt;&lt;table cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; width=&quot;86%&quot; style=&quot;FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman&quot;&gt;&#xd; 
          &lt;tr&gt;&#xd; 
            &lt;td valign=&quot;bottom&quot; width=&quot;66%&quot;&gt;&#xd; 
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;4&quot; valign=&quot;bottom&quot; width=&quot;30%&quot;&gt;&#xd;   
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;For&#xd;  
                the Year Ended&lt;/font&gt;&#xd;    
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr&gt;&#xd; 
            &lt;td valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;    
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;4&quot; valign=&quot;bottom&quot; width=&quot;30%&quot; style=&quot;BORDER-BOTTOM: black 2px solid&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;December&#xd;  
                31,&lt;/font&gt;&#xd;   
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr&gt;&#xd; 
            &lt;td valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;    
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 2px solid&quot;&gt;&#xd;     
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;2011&lt;/font&gt;&#xd; 
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 2px solid&quot;&gt;&#xd;     
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;2010&lt;/font&gt;&#xd; 
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr style=&quot;background-color: #C0FFFF;&quot;&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;66%&quot;&gt;&#xd;    
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Volatility&lt;/font&gt;&#xd;   
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: center&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;64%&lt;/font&gt;&#xd;    
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: center; TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;64%&#xd; 
              - 70%&lt;/font&gt;&#xd;   
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;66%&quot;&gt;&#xd;    
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Expected&#xd;   
                dividend yield&lt;/font&gt;&#xd;    
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: center&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;0%&lt;/font&gt;&#xd;   
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: center; TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;0%&lt;/font&gt;&#xd;   
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr style=&quot;background-color: #C0FFFF;&quot;&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;66%&quot;&gt;&#xd;    
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Expected&#xd;   
                life&lt;/font&gt;&#xd;    
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: center&quot;&gt;&#xd;   
              &lt;div style=&quot;TEXT-ALIGN: center; LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;5.6&#xd;   
                - 5.8 years&lt;/font&gt;&#xd; 
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: center; TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;   
              &lt;div style=&quot;TEXT-ALIGN: center; LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;5.0&#xd;   
                - 6.0 years&lt;/font&gt;&#xd; 
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;66%&quot;&gt;&#xd;    
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Risk&#xd;    
                free interest rate&lt;/font&gt;&#xd;   
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: center&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;2.20%&#xd;   
              - 2.34%&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: center; TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;1.67%-2.65%&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr style=&quot;background-color: #C0FFFF;&quot;&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;66%&quot;&gt;&#xd;    
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Forfeitures&lt;/font&gt;&#xd;    
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: center&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;36%&#xd; 
              - 37%&lt;/font&gt;&#xd;   
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: center; TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;36%-&#xd;  
              37%&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
        &lt;/table&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd; 
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;The&#xd;   
      Company accounts for stock options granted to consultants&#xd;    
      using the fair value method for the calculation of&#xd;  
      compensation cost. For the years ended December&amp;#160;31, 2011&#xd;  
      and 2010, the Company recorded compensation expense for stock&#xd;   
      option grants to consultants in the amount of $0 and $42,000,&#xd;   
      respectively.&lt;/font&gt;&#xd;   
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;At&#xd;  
      December&amp;#160;31, 2011, total unrecognized stock-based&#xd;     
      compensation expense for stock options granted to the&#xd;     
      Company&amp;#8217;s employees and directors was estimated to&#xd;  
      approximate $2.1 million.&lt;/font&gt;&#xd;     
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;The&#xd;   
      stock option activity under the 2000, 2007 and 2009 Stock&#xd;    
      Plan is as follows:&lt;/font&gt;&#xd;    
    &lt;/div&gt;&lt;br/&gt;&lt;table cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; width=&quot;86%&quot; style=&quot;TEXT-ALIGN: center; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman&quot;&gt;&#xd; 
          &lt;tr style=&quot;TEXT-ALIGN: center;&quot;&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;44%&quot;&gt;&#xd; 
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;12%&quot;&gt;&#xd;   
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;12%&quot;&gt;&#xd;   
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;Weighted&lt;/font&gt;&#xd;     
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;12%&quot;&gt;&#xd;   
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;Remaining&lt;/font&gt;&#xd; 
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;12%&quot;&gt;&#xd;   
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr&gt;&#xd; 
            &lt;td valign=&quot;bottom&quot; width=&quot;44%&quot;&gt;&#xd; 
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;12%&quot;&gt;&#xd;   
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;Options&lt;/font&gt;&#xd;    
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;12%&quot;&gt;&#xd;   
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;Average&lt;/font&gt;&#xd;    
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;12%&quot;&gt;&#xd;   
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;Contractual&lt;/font&gt;&#xd;   
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;12%&quot;&gt;&#xd;   
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;Aggregrate&lt;/font&gt;&#xd;  
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr&gt;&#xd; 
            &lt;td valign=&quot;bottom&quot; width=&quot;44%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;    
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;12%&quot; style=&quot;BORDER-BOTTOM: black 2px solid&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;Outstanding&lt;/font&gt;&#xd;   
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;   
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            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;11%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;917,140&lt;/font&gt;&#xd;   
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;44%&quot; style=&quot;PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Available&#xd;    
                for grant at December 31, 2011&lt;/font&gt;&#xd;     
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;11%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;2,977,600&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 4px&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;11%&quot; style=&quot;TEXT-ALIGN: right; PADDING-BOTTOM: 4px&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 4px&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;11%&quot; style=&quot;TEXT-ALIGN: right; PADDING-BOTTOM: 4px&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 4px&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;11%&quot; style=&quot;TEXT-ALIGN: right; PADDING-BOTTOM: 4px&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
        &lt;/table&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd; 
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;The&#xd;   
      intrinsic values (aggregate market value minus aggregate&#xd;   
      exercise price) of stock options exercised during the years&#xd; 
      ended December&amp;#160;31, 2011 and 2010 were $34,494 and&#xd;     
      $19,280, respectively. The total fair value of options vested&#xd;   
      during the year ended December 31, 2011 and 2010 was&#xd;    
      approximately $1,121,000 and $1,267,000, respectively.&lt;/font&gt;&#xd;    
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;Stock-based&#xd; 
      compensation expense attributable to stock options,&#xd;   
      restricted stock awards (&amp;#8220;RSA&amp;#8221;) and RSUs was&#xd; 
      charged as follows:&lt;/font&gt;&#xd;    
    &lt;/div&gt;&lt;br/&gt;&lt;table cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; width=&quot;86%&quot; style=&quot;FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman&quot;&gt;&#xd; 
          &lt;tr&gt;&#xd; 
            &lt;td valign=&quot;bottom&quot; width=&quot;66%&quot;&gt;&#xd; 
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;6&quot; valign=&quot;bottom&quot; width=&quot;32%&quot;&gt;&#xd;   
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;For&#xd;  
                the Year Ended&lt;/font&gt;&#xd;    
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr&gt;&#xd; 
            &lt;td valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;    
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;6&quot; valign=&quot;bottom&quot; width=&quot;32%&quot; style=&quot;BORDER-BOTTOM: black 2px solid&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;December&#xd;  
                31,&lt;/font&gt;&#xd;   
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr&gt;&#xd; 
            &lt;td valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;    
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;15%&quot; style=&quot;BORDER-BOTTOM: black 2px solid&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;2011&lt;/font&gt;&#xd; 
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;15%&quot; style=&quot;BORDER-BOTTOM: black 2px solid&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;2010&lt;/font&gt;&#xd; 
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr&gt;&#xd; 
            &lt;td valign=&quot;bottom&quot; width=&quot;66%&quot;&gt;&#xd; 
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;15%&quot;&gt;&#xd;   
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;15%&quot;&gt;&#xd;   
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr style=&quot;background-color: #C0FFFF;&quot;&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;66%&quot;&gt;&#xd;    
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Research&#xd;   
                and development&lt;/font&gt;&#xd;     
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;265,953&lt;/font&gt;&#xd;   
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;226,299&lt;/font&gt;&#xd;   
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;66%&quot;&gt;&#xd;    
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Sales&#xd;     
                and marketing&lt;/font&gt;&#xd;   
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;184,431&lt;/font&gt;&#xd;   
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;178,837&lt;/font&gt;&#xd;   
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr style=&quot;background-color: #C0FFFF;&quot;&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;General&#xd;  
                and administrative&lt;/font&gt;&#xd;   
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;1,144,850&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;1,075,424&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Total&lt;/font&gt;&#xd;   
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;1,595,234&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;1,480,560&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
        &lt;/table&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd; 
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;The&#xd;   
      Company accounts for RSAs and RSUs using the fair value at&#xd;     
      the date of the grant for the calculation of compensation&#xd;    
      cost. For the year ended December 31, 2011, the Company&#xd;  
      recorded compensation expense for RSAs and RSUs in the amount&#xd;   
      of $199,000 and $119,000, respectively.&lt;/font&gt;&#xd;    
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;As&#xd;  
      of December 31, 2011, total unrecognized compensation&#xd;     
      expenses related to non-vested RSAs and RSUs were $0.3&#xd; 
      million and $1.5 million, respectively. These expenses are&#xd;     
      expected to be recognized over a weighted average period of&#xd; 
      3.3 years for RSAs and 3.6 years for RSUs.&lt;/font&gt;&#xd;  
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;A&#xd; 
      summary of RSA activity for the year ended December 31, 2011&#xd;  
      is as follows:&lt;/font&gt;&#xd;    
    &lt;/div&gt;&lt;br/&gt;&lt;table cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; width=&quot;86%&quot; style=&quot;FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman&quot;&gt;&#xd; 
          &lt;tr&gt;&#xd; 
            &lt;td valign=&quot;bottom&quot; width=&quot;66%&quot;&gt;&#xd; 
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;15%&quot;&gt;&#xd;   
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;15%&quot;&gt;&#xd;   
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;Weighted&lt;/font&gt;&#xd;     
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr&gt;&#xd; 
            &lt;td valign=&quot;bottom&quot; width=&quot;66%&quot;&gt;&#xd; 
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;15%&quot;&gt;&#xd;   
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;15%&quot;&gt;&#xd;   
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;Average&lt;/font&gt;&#xd;    
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr&gt;&#xd; 
            &lt;td valign=&quot;bottom&quot; width=&quot;66%&quot;&gt;&#xd; 
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;15%&quot;&gt;&#xd;   
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;15%&quot;&gt;&#xd;   
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;Market&#xd;     
                Value&lt;/font&gt;&#xd;     
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr&gt;&#xd; 
            &lt;td valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;    
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;15%&quot; style=&quot;BORDER-BOTTOM: black 2px solid&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;Shares&lt;/font&gt;&#xd;   
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;15%&quot; style=&quot;BORDER-BOTTOM: black 2px solid&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;at&#xd; 
                Grant Date&lt;/font&gt;&#xd;     
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr&gt;&#xd; 
            &lt;td valign=&quot;bottom&quot; width=&quot;66%&quot;&gt;&#xd; 
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;15%&quot;&gt;&#xd;   
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;15%&quot;&gt;&#xd;   
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr style=&quot;background-color: #C0FFFF;&quot;&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;66%&quot;&gt;&#xd;    
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Nonvested&#xd;    
                at January 1, 2011A&lt;/font&gt;&#xd;    
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;-&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;-&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;66%&quot;&gt;&#xd;    
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Awarded&lt;/font&gt;&#xd;     
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;140,000&lt;/font&gt;&#xd;   
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;3.41&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr style=&quot;background-color: #C0FFFF;&quot;&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;66%&quot;&gt;&#xd;    
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Released&lt;/font&gt;&#xd; 
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;-&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;-&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Forfeited&lt;/font&gt;&#xd;  
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;-&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right; PADDING-BOTTOM: 2px&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;-&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr style=&quot;background-color: #C0FFFF;&quot;&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Nonvested&#xd;    
                at December 31, 2011&lt;/font&gt;&#xd;     
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;140,000&lt;/font&gt;&#xd;   
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right; PADDING-BOTTOM: 4px&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;3.41&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
        &lt;/table&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd; 
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;A&#xd; 
      summary of RSU activity for the year ended December 31, 2011&#xd;  
      is as follows:&lt;/font&gt;&#xd;    
    &lt;/div&gt;&lt;br/&gt;&lt;table cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; width=&quot;86%&quot; style=&quot;FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman&quot;&gt;&#xd; 
          &lt;tr&gt;&#xd; 
            &lt;td valign=&quot;bottom&quot; width=&quot;66%&quot;&gt;&#xd; 
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;15%&quot;&gt;&#xd;   
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;15%&quot;&gt;&#xd;   
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;Weighted&lt;/font&gt;&#xd;     
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr&gt;&#xd; 
            &lt;td valign=&quot;bottom&quot; width=&quot;66%&quot;&gt;&#xd; 
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;15%&quot;&gt;&#xd;   
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;15%&quot;&gt;&#xd;   
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;Average&lt;/font&gt;&#xd;    
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr&gt;&#xd; 
            &lt;td valign=&quot;bottom&quot; width=&quot;66%&quot;&gt;&#xd; 
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;15%&quot;&gt;&#xd;   
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;15%&quot;&gt;&#xd;   
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;Market&#xd;     
                Value&lt;/font&gt;&#xd;     
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr&gt;&#xd; 
            &lt;td valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;    
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;15%&quot; style=&quot;BORDER-BOTTOM: black 2px solid&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;Shares&lt;/font&gt;&#xd;   
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
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                Grant Date&lt;/font&gt;&#xd;     
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              &amp;#160;&#xd;     
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              &amp;#160;&#xd;     
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            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;15%&quot;&gt;&#xd;   
              &amp;#160;&#xd;     
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
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                at January 1, 2011&lt;/font&gt;&#xd;   
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;-&lt;/font&gt;&#xd;  
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;  
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;-&lt;/font&gt;&#xd;  
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;581,000&lt;/font&gt;&#xd;   
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;-&lt;/font&gt;&#xd;  
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;-&lt;/font&gt;&#xd;  
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
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            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;(47,000&lt;/font&gt;&#xd;   
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;)&lt;/font&gt;&#xd;  
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
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            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
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          &lt;tr style=&quot;background-color: #C0FFFF;&quot;&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
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                at December 31, 2011&lt;/font&gt;&#xd;     
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
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            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;534,000&lt;/font&gt;&#xd;   
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
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            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
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            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;  
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            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right; PADDING-BOTTOM: 4px&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;3.12&lt;/font&gt;&#xd;     
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            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
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        &lt;/table&gt;&lt;br/&gt;</us-gaap:ShareholdersEquityAndShareBasedPaymentsTextBlock>   
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      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;13.&#xd;  
      COMPREHENSIVE LOSS&lt;/font&gt;&#xd;   
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;Comprehensive&#xd;   
      loss is defined to include all changes in stockholders&amp;#8217;&#xd;  
      equity during the period other than those changes that result&#xd;   
      from investments by and distributions to stockholders. For&#xd;     
      the year ended December 31, 2011 and 2010, the&#xd;   
      Company&amp;#8217;s comprehensive loss is the sum of net loss,&#xd;    
      unrealized loss on investment and the foreign currency&#xd; 
      translation adjustment, as follows:&lt;/font&gt;&#xd;     
    &lt;/div&gt;&lt;br/&gt;&lt;table cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; width=&quot;86%&quot; style=&quot;TEXT-ALIGN: center; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman&quot;&gt;&#xd; 
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          &lt;td valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
            &amp;#160;&#xd;   
          &lt;/td&gt;&#xd;  
          &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd; 
            &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;   
          &lt;/td&gt;&#xd;  
          &lt;td colspan=&quot;6&quot; valign=&quot;bottom&quot; width=&quot;32%&quot; style=&quot;BORDER-BOTTOM: black 2px solid&quot;&gt;&#xd;     
            &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;For&#xd;     
              the Year Ended December 31,&lt;/font&gt;&#xd;     
            &lt;/div&gt;&#xd;     
          &lt;/td&gt;&#xd;  
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            &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;   
          &lt;/td&gt;&#xd;  
        &lt;/tr&gt;&#xd;     
        &lt;tr&gt;&#xd;    
          &lt;td valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
            &amp;#160;&#xd;   
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          &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd; 
            &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;   
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;2011&lt;/font&gt;&#xd;    
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          &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;     
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          &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd; 
            &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;   
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        &lt;tr&gt;&#xd;    
          &lt;td valign=&quot;bottom&quot; width=&quot;66%&quot;&gt;&#xd;    
            &amp;#160;&#xd;   
          &lt;/td&gt;&#xd;  
          &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;   
            &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;    
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          &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;15%&quot;&gt;&#xd; 
            &amp;#160;&#xd;   
          &lt;/td&gt;&#xd;  
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            &amp;#160;&#xd;   
          &lt;/td&gt;&#xd;  
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              loss attributable to MEMSIC, Inc.&lt;/font&gt;&#xd; 
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            &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;     
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            &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;)&lt;/font&gt;&#xd;     
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            &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;)&lt;/font&gt;&#xd;     
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            &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;    
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        &lt;tr style=&quot;background-color: #C0FFFF;&quot;&gt;&#xd;    
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Unrealized&#xd;   
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            &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;)&lt;/font&gt;&#xd;     
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            &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;    
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            &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;    
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            &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;-&lt;/font&gt;&#xd;     
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            &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;    
          &lt;/td&gt;&#xd;  
        &lt;/tr&gt;&#xd;     
        &lt;tr&gt;&#xd;    
          &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;PADDING-LEFT: 0pt; MARGIN-LEFT: 9pt&quot;&gt;&#xd; 
            &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 9pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;    
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              currency translation adjustment&lt;/font&gt;&#xd;    
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            &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;    
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            &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;1,334,755&lt;/font&gt;&#xd;   
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            &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;    
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            &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;    
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            &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;963,876&lt;/font&gt;&#xd; 
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            &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;    
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        &lt;tr style=&quot;background-color: #C0FFFF;&quot;&gt;&#xd;    
          &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;PADDING-BOTTOM: 2px; PADDING-LEFT: 0pt; MARGIN-LEFT: 9pt&quot;&gt;&#xd;  
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Unrealized&#xd;   
              impairment loss on auction rate securities&lt;/font&gt;&#xd;     
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          &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right&quot;&gt;&#xd;  
            &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;-&lt;/font&gt;&#xd;     
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          &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;     
            &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;    
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          &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;     
            &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;    
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          &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left&quot;&gt;&#xd;     
            &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;    
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          &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right&quot;&gt;&#xd;  
            &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;(153,000&lt;/font&gt;&#xd;  
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          &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;     
            &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;)&lt;/font&gt;&#xd;     
          &lt;/td&gt;&#xd;  
        &lt;/tr&gt;&#xd;     
        &lt;tr&gt;&#xd;    
          &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;66%&quot;&gt;&#xd;  
            &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Comprehensive&#xd; 
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          &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;   
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          &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;     
            &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;(4,750,012&lt;/font&gt;&#xd;    
          &lt;/td&gt;&#xd;  
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            &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;)&lt;/font&gt;&#xd;     
          &lt;/td&gt;&#xd;  
          &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;  
            &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;    
          &lt;/td&gt;&#xd;  
          &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;   
            &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;    
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            &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;(6,551,837&lt;/font&gt;&#xd;    
          &lt;/td&gt;&#xd;  
          &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;    
            &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;)&lt;/font&gt;&#xd;     
          &lt;/td&gt;&#xd;  
        &lt;/tr&gt;&#xd;     
        &lt;tr style=&quot;background-color: #C0FFFF;&quot;&gt;&#xd;    
          &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;66%&quot;&gt;&#xd;  
            &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Net&#xd; 
              income attributable to non-controlling&#xd;   
              interest&lt;/font&gt;&#xd; 
            &lt;/div&gt;&#xd;     
          &lt;/td&gt;&#xd;  
          &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;  
            &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;    
          &lt;/td&gt;&#xd;  
          &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;   
            &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;    
          &lt;/td&gt;&#xd;  
          &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;     
            &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;82,127&lt;/font&gt;&#xd;     
          &lt;/td&gt;&#xd;  
          &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;    
            &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;    
          &lt;/td&gt;&#xd;  
          &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;  
            &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;    
          &lt;/td&gt;&#xd;  
          &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;   
            &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;    
          &lt;/td&gt;&#xd;  
          &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;     
            &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;64,111&lt;/font&gt;&#xd;     
          &lt;/td&gt;&#xd;  
          &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;    
            &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;    
          &lt;/td&gt;&#xd;  
        &lt;/tr&gt;&#xd;     
        &lt;tr&gt;&#xd;    
          &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;PADDING-BOTTOM: 2px; PADDING-LEFT: 0pt; MARGIN-LEFT: 9pt&quot;&gt;&#xd;  
            &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 9pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Foreign&#xd;     
              currency translation adjustment&lt;/font&gt;&#xd;    
            &lt;/div&gt;&#xd;     
          &lt;/td&gt;&#xd;  
          &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;     
            &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;    
          &lt;/td&gt;&#xd;  
          &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left&quot;&gt;&#xd;     
            &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;    
          &lt;/td&gt;&#xd;  
          &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right&quot;&gt;&#xd;  
            &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;(3,025&lt;/font&gt;&#xd;     
          &lt;/td&gt;&#xd;  
          &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;     
            &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;)&lt;/font&gt;&#xd;     
          &lt;/td&gt;&#xd;  
          &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;     
            &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;    
          &lt;/td&gt;&#xd;  
          &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left&quot;&gt;&#xd;     
            &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;    
          &lt;/td&gt;&#xd;  
          &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right&quot;&gt;&#xd;  
            &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;-&lt;/font&gt;&#xd;     
          &lt;/td&gt;&#xd;  
          &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;     
            &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;    
          &lt;/td&gt;&#xd;  
        &lt;/tr&gt;&#xd;     
        &lt;tr style=&quot;background-color: #C0FFFF;&quot;&gt;&#xd;    
          &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;     
            &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Comprehensive&#xd; 
              income attributable to non-controlling&#xd;   
              interest&lt;/font&gt;&#xd; 
            &lt;/div&gt;&#xd;     
          &lt;/td&gt;&#xd;  
          &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;     
            &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;    
          &lt;/td&gt;&#xd;  
          &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left&quot;&gt;&#xd;     
            &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;    
          &lt;/td&gt;&#xd;  
          &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right&quot;&gt;&#xd;  
            &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;79,102&lt;/font&gt;&#xd;     
          &lt;/td&gt;&#xd;  
          &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;     
            &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;    
          &lt;/td&gt;&#xd;  
          &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;     
            &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;    
          &lt;/td&gt;&#xd;  
          &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left&quot;&gt;&#xd;     
            &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;    
          &lt;/td&gt;&#xd;  
          &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right&quot;&gt;&#xd;  
            &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;64,111&lt;/font&gt;&#xd;     
          &lt;/td&gt;&#xd;  
          &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;     
            &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;    
          &lt;/td&gt;&#xd;  
        &lt;/tr&gt;&#xd;     
        &lt;tr&gt;&#xd;    
          &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;PADDING-BOTTOM: 4px&quot;&gt;&#xd;     
            &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Total&#xd;   
              comprehensive loss&lt;/font&gt;&#xd; 
            &lt;/div&gt;&#xd;     
          &lt;/td&gt;&#xd;  
          &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 4px&quot;&gt;&#xd;     
            &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;    
          &lt;/td&gt;&#xd;  
          &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left&quot;&gt;&#xd; 
            &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;     
          &lt;/td&gt;&#xd;  
          &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right&quot;&gt;&#xd;   
            &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;(4,670,910&lt;/font&gt;&#xd;    
          &lt;/td&gt;&#xd;  
          &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 4px&quot;&gt;&#xd;     
            &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;)&lt;/font&gt;&#xd;     
          &lt;/td&gt;&#xd;  
          &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 4px&quot;&gt;&#xd;     
            &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;    
          &lt;/td&gt;&#xd;  
          &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left&quot;&gt;&#xd; 
            &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;     
          &lt;/td&gt;&#xd;  
          &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right&quot;&gt;&#xd;   
            &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;(6,487,726&lt;/font&gt;&#xd;    
          &lt;/td&gt;&#xd;  
          &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 4px&quot;&gt;&#xd;     
            &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;)&lt;/font&gt;&#xd;     
          &lt;/td&gt;&#xd;  
        &lt;/tr&gt;&#xd;     
      &lt;/table&gt;&lt;br/&gt;</us-gaap:ComprehensiveIncomeNoteTextBlock>     
  <us-gaap:EarningsPerShareTextBlock contextRef="c2_From1Jan2011To31Dec2011">&lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;    
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;14.&#xd;  
      NET LOSS PER SHARE&lt;/font&gt;&#xd;   
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;The&#xd;   
      calculation for basic and diluted net loss per share is as&#xd;     
      follows:&lt;/font&gt;&#xd;   
    &lt;/div&gt;&lt;br/&gt;&lt;table cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; width=&quot;86%&quot; style=&quot;FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman&quot;&gt;&#xd; 
          &lt;tr&gt;&#xd; 
            &lt;td valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;    
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;6&quot; valign=&quot;bottom&quot; width=&quot;32%&quot; style=&quot;BORDER-BOTTOM: black 2px solid&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;For&#xd;  
                the Year Ended December 31,&lt;/font&gt;&#xd;  
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr&gt;&#xd; 
            &lt;td valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;    
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;15%&quot; style=&quot;BORDER-BOTTOM: black 2px solid&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;2011&lt;/font&gt;&#xd; 
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;15%&quot; style=&quot;BORDER-BOTTOM: black 2px solid&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;2010&lt;/font&gt;&#xd; 
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr style=&quot;background-color: #C0FFFF;&quot;&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;66%&quot;&gt;&#xd;    
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;Numerator:&lt;/font&gt;&#xd;  
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;15%&quot;&gt;&#xd;   
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;15%&quot;&gt;&#xd;   
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;PADDING-BOTTOM: 4px; PADDING-LEFT: 0pt; MARGIN-LEFT: 9pt&quot;&gt;&#xd;    
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 9pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Net&#xd;   
                loss attributable to MEMSIC, Inc.&lt;/font&gt;&#xd;   
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
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              &amp;#160;&#xd;     
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                weighted average shares&lt;/font&gt;&#xd;   
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;23,803,414&lt;/font&gt;&#xd; 
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
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          &lt;tr&gt;&#xd; 
            &lt;td valign=&quot;bottom&quot; width=&quot;66%&quot;&gt;&#xd; 
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
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                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Net&#xd;   
                loss per common share&lt;/font&gt;&#xd; 
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;(0.26&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;)&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;(0.31&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;)&lt;/font&gt;&#xd;  
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      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;At&#xd;  
      December 31, 2011 and 2010, the Company had 1.5 million each&#xd;  
      year dilutive potential common shares in the form of stock&#xd;     
      options which were not included in the computation of net&#xd;    
      loss per diluted share because these stock options would be&#xd; 
      anti-dilutive.&lt;/font&gt;&#xd;    
    &lt;/div&gt;&lt;br/&gt;</us-gaap:EarningsPerShareTextBlock>    
  <us-gaap:IncomeTaxDisclosureTextBlock contextRef="c2_From1Jan2011To31Dec2011">&lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;  
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;15.&#xd;  
      INCOME TAXES&lt;/font&gt;&#xd;  
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;The&#xd;   
      Company is subject to United States federal and state income&#xd;  
      taxes as well as taxation rules and regulations in the PRC&#xd;     
      and Japan.&lt;/font&gt;&#xd;     
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;&lt;font style=&quot;DISPLAY: inline; FONT-SIZE: 10pt&quot;&gt;The income tax&#xd;  
      expense (benefit) consists of the following:&lt;/font&gt;&lt;/font&gt;&#xd;  
    &lt;/div&gt;&lt;br/&gt;&lt;table cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; width=&quot;86%&quot; style=&quot;FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman&quot;&gt;&#xd; 
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            &lt;td valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;    
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;6&quot; valign=&quot;bottom&quot; width=&quot;32%&quot; style=&quot;BORDER-BOTTOM: black 2px solid&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;Year&#xd;   
                Ended December 31,&lt;/font&gt;&#xd;   
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          &lt;tr&gt;&#xd; 
            &lt;td valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;    
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
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            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;15%&quot; style=&quot;BORDER-BOTTOM: black 2px solid&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;2011&lt;/font&gt;&#xd; 
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
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            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;15%&quot; style=&quot;BORDER-BOTTOM: black 2px solid&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;2010&lt;/font&gt;&#xd; 
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
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          &lt;/tr&gt;&#xd;  
          &lt;tr style=&quot;background-color: #C0FFFF;&quot;&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;66%&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Income&#xd;    
              tax expense (benefit)&lt;/font&gt;&#xd;    
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;15%&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
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          &lt;tr&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;66%&quot;&gt;&#xd;    
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Current:&lt;/font&gt;&#xd; 
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;15%&quot;&gt;&#xd;   
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;15%&quot;&gt;&#xd;   
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr style=&quot;background-color: #C0FFFF;&quot;&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;TEXT-INDENT: 9pt&quot;&gt;&#xd;    
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 9pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Federal&lt;/font&gt;&#xd;     
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
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            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;-&lt;/font&gt;&#xd;  
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            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
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            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;    
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;  
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;-&lt;/font&gt;&#xd;  
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
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              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 9pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;State&lt;/font&gt;&#xd;   
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;1,256&lt;/font&gt;&#xd; 
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr style=&quot;background-color: #C0FFFF;&quot;&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;PADDING-BOTTOM: 2px; TEXT-INDENT: 9pt&quot;&gt;&#xd;     
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 9pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Foreign&lt;/font&gt;&#xd;     
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
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            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
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            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;(35,388&lt;/font&gt;&#xd;   
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;)&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;77,397&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;(5,628&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;)&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
        &lt;/table&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd; 
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;The&#xd;   
      following table presents pre-tax loss for the Company and its&#xd;   
      subsidiaries:&lt;/font&gt;&#xd;   
    &lt;/div&gt;&lt;br/&gt;&lt;table cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; width=&quot;86%&quot; style=&quot;FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman&quot;&gt;&#xd; 
          &lt;tr&gt;&#xd; 
            &lt;td valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;    
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;6&quot; valign=&quot;bottom&quot; width=&quot;32%&quot; style=&quot;BORDER-BOTTOM: black 2px solid&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;Year&#xd;   
                Ended December 31,&lt;/font&gt;&#xd;   
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr&gt;&#xd; 
            &lt;td valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;    
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;15%&quot; style=&quot;BORDER-BOTTOM: black 2px solid&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;2011&lt;/font&gt;&#xd; 
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;15%&quot; style=&quot;BORDER-BOTTOM: black 2px solid&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;2010&lt;/font&gt;&#xd; 
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr style=&quot;background-color: #C0FFFF;&quot;&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;66%&quot;&gt;&#xd;    
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;United&#xd; 
                States&lt;/font&gt;&#xd; 
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;(5,302,163&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;)&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;(5,381,105&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;)&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Foreign&lt;/font&gt;&#xd;     
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;(622,883&lt;/font&gt;&#xd;    
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;)&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;(1,923,125&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;)&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr style=&quot;background-color: #C0FFFF;&quot;&gt;&#xd; 
            &lt;td valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;PADDING-BOTTOM: 4px&quot;&gt;&#xd;    
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;(5,925,046&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;)&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;(7,304,230&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;)&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
        &lt;/table&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd; 
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;The&#xd;   
      following table reconciles the provision for (benefit from)&#xd; 
      income taxes with the expected income tax obligation&#xd;    
      (benefit) by applying the United States federal statutory&#xd;    
      rate to the net income (loss):&lt;/font&gt;&#xd;     
    &lt;/div&gt;&lt;br/&gt;&lt;table cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; width=&quot;80%&quot; style=&quot;FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman&quot;&gt;&#xd; 
          &lt;tr&gt;&#xd; 
            &lt;td valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;    
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;6&quot; valign=&quot;bottom&quot; width=&quot;32%&quot; style=&quot;BORDER-BOTTOM: black 2px solid&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;Year&#xd;   
                Ended December 31,&lt;/font&gt;&#xd;   
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr&gt;&#xd; 
            &lt;td valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;    
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;15%&quot; style=&quot;BORDER-BOTTOM: black 2px solid&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;2011&lt;/font&gt;&#xd; 
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;15%&quot; style=&quot;BORDER-BOTTOM: black 2px solid&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;2010&lt;/font&gt;&#xd; 
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr&gt;&#xd; 
            &lt;td valign=&quot;bottom&quot; width=&quot;66%&quot;&gt;&#xd; 
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
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              &amp;#160;&#xd;     
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              &amp;#160;&#xd;     
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            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;(5,628&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;)&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
        &lt;/table&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd; 
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;The&#xd;   
      Company has a policy to permanently&amp;#160;reinvest any&#xd;    
      earnings of MEMSIC Semiconductor in Chinese operations. The&#xd; 
      Company has not provided for U.S. income taxes that could&#xd;    
      result from the distribution of such earnings to the U.S.&#xd;    
      parent. If these earnings were ultimately distributed to the&#xd;  
      U.S. in the form of dividends or otherwise, or if the shares&#xd;  
      of MEMSIC Semiconductor were sold or transferred, the Company&#xd;   
      would be subject to additional U.S. income taxes, net&#xd;     
      of&amp;#160;&amp;#160;the impact of any available foreign tax&#xd;   
      credits. It is not practicable to estimate the amount of&#xd;   
      unrecognized deferred U.S. taxes on these undistributed&#xd;  
      earnings. As of December 31, 2011, MEMSIC Semiconductor had&#xd; 
      cumulative foreign earnings of $8.5&#xd;  
      million.&amp;#160;&amp;#160;MEMSIC Semiconductor and its subsidiary&#xd;    
      MTS are governed by the Income Tax Law of the People&amp;#8217;s&#xd; 
      Republic of China concerning Foreign Investment Enterprises&#xd; 
      (&amp;#8220;FIE&amp;#8221;) and Foreign Enterprises and various local&#xd; 
      income tax laws (the &amp;#8220;PRC Income Tax Law&amp;#8221;).&#xd;     
      Beginning January 1, 2008, under the new tax law named&#xd; 
      &amp;#8220;Enterprise Income Tax Law&amp;#8221; , FIEs and domestic&#xd;    
      companies are subject to a uniform tax rate of 25%. The new&#xd; 
      tax law provides a five-year transition period starting from&#xd;  
      its effective date for those enterprises which were&#xd;   
      established before the promulgation date of the new tax law&#xd; 
      and which were entitled to a preferential lower tax rate&#xd;   
      under the then effective tax laws or regulations. In&#xd;    
      accordance with regulations issued by the State Council, the&#xd;  
      tax rate of such enterprises may gradually transition to the&#xd;  
      uniform tax rate within the transition period. For those&#xd;   
      enterprises which are enjoying tax holidays, such tax&#xd;     
      holidays may continue until their expiration in accordance&#xd;     
      with the regulations issued by the State Council, but where&#xd; 
      the tax holiday has not yet started because of losses, such&#xd; 
      tax holiday shall be deemed to commence from the first&#xd; 
      effective year of the new tax law. While the new tax law&#xd;   
      equalizes the tax rates for FIEs and domestic companies,&#xd;   
      preferential tax treatment would continue to be given to&#xd;   
      companies in certain encouraged sectors and to entities&#xd;  
      classified as &amp;#8220;high-technology companies especially&#xd;   
      supported by the PRC government,&amp;#8221; whether FIEs or&#xd; 
      domestic companies.&lt;/font&gt;&#xd;    
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;Since&#xd;     
      MEMSIC Semiconductor was established in the Wuxi New District&#xd;   
      as a PRC high-technology company, it is entitled to the&#xd;  
      reduced FEIT rate of 15% and is exempt from FEIT for its&#xd;   
      first two years of profitable operations after offsetting&#xd;    
      prior year&amp;#8217;s tax losses and is entitled to a 50%&#xd;     
      reduction in its FEIT for the following three years as&#xd; 
      approved by the tax authorities in accordance with the China&#xd;  
      Income Tax Law for Enterprises with Foreign Investment and&#xd;     
      Foreign Enterprises and its Implementation Rules issued in&#xd;     
      1991. In addition, MEMSIC Semiconductor is exempted from the&#xd;  
      3% local income tax during the above preferential tax&#xd;     
      treatment periods of five years pursuant to the Rule&#xd;    
      Concerning Exemption or Reduction of Local Income Tax for&#xd;    
      Foreign Invested Enterprises issued by the People&amp;#8217;s&#xd;   
      Government of Guangdong Province issued in 1992.&lt;/font&gt;&#xd;   
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;However,&#xd;   
      according to the relevant transition preferential tax&#xd;     
      policies issued by the State Council on March 16, 2007, the&#xd; 
      preferential enterprise income tax rate under the new tax law&#xd;   
      and the transition-period preferential tax policy can not&#xd;    
      apply simultaneously. MEMSIC Semiconductor may either choose&#xd;  
      to enjoy the exemption from enterprise income tax for 2007&#xd;     
      and 2008 and a 50% reduction on the uniform enterprise income&#xd;   
      tax rate of 25% from 2009 to 2011, or, choose the&#xd; 
      preferential enterprise income tax rate of 15% for qualified&#xd;  
      high-technology companies under the new tax law. The Company&#xd;  
      believes the adoption of the transition-period preferential&#xd; 
      tax policy will be more beneficial to MEMSIC&#xd; 
      Semiconductor.&lt;/font&gt;&#xd;    
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;Beginning&#xd;    
      in 2009, MEMSIC Semiconductor entered a three-year 50% tax&#xd;     
      reduction from the China uniform enterprise income tax rate&#xd; 
      of 25%.&amp;#160;&amp;#160;MTS has not obtained a PRC high-technology&#xd; 
      company status and therefore is subject to the 25% uniform&#xd;     
      enterprise income tax rate in China.&amp;#160;&amp;#160;Crossbow&#xd; 
      Japan is subject to a 40% tax rate.&lt;/font&gt;&#xd;     
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;&lt;font style=&quot;DISPLAY: inline; FONT-SIZE: 10pt&quot;&gt;Significant&#xd;    
      components of the Company&amp;#8217;s net deferred tax assets&#xd;   
      consist of the following:&lt;/font&gt;&lt;/font&gt;&#xd;   
    &lt;/div&gt;&lt;br/&gt;&lt;table cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; width=&quot;80%&quot; style=&quot;FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman&quot;&gt;&#xd; 
          &lt;tr&gt;&#xd; 
            &lt;td valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;    
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;6&quot; valign=&quot;bottom&quot; width=&quot;15%&quot; style=&quot;BORDER-BOTTOM: black 2px solid&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;December&#xd;  
                31,&lt;/font&gt;&#xd;   
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr&gt;&#xd; 
            &lt;td valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;    
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;15%&quot; style=&quot;BORDER-BOTTOM: black 2px solid&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;2011&lt;/font&gt;&#xd; 
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;15%&quot; style=&quot;BORDER-BOTTOM: black 2px solid&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;2010&lt;/font&gt;&#xd; 
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr style=&quot;background-color: #C0FFFF;&quot;&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;66%&quot;&gt;&#xd;    
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Deferred&#xd;   
                tax assets:&lt;/font&gt;&#xd; 
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;15%&quot;&gt;&#xd;   
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;15%&quot;&gt;&#xd;   
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr&gt;&#xd; 
            &lt;td valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;TEXT-INDENT: 9pt&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Accruals&#xd; 
              and reserves&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;290,071&lt;/font&gt;&#xd;   
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;338,835&lt;/font&gt;&#xd;   
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr style=&quot;background-color: #C0FFFF;&quot;&gt;&#xd; 
            &lt;td valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;TEXT-INDENT: 9pt&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Net&#xd; 
              operating loss carryforwards&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;3,458,431&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;2,343,637&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr&gt;&#xd; 
            &lt;td valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;TEXT-INDENT: 9pt&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Depreciation&#xd;     
              and amortization&lt;/font&gt;&#xd;    
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;1,332,416&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;184,458&lt;/font&gt;&#xd;   
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
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            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr style=&quot;background-color: #C0FFFF;&quot;&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;66%&quot;&gt;&#xd;    
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Deferred&#xd;   
                tax liabilities:&lt;/font&gt;&#xd; 
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr&gt;&#xd; 
            &lt;td valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;TEXT-INDENT: 9pt&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Depreciation&#xd;     
              and amortization&lt;/font&gt;&#xd;    
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;-&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;57,007&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr style=&quot;background-color: #C0FFFF;&quot;&gt;&#xd; 
            &lt;td valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;PADDING-BOTTOM: 2px; TEXT-INDENT: 9pt&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Unremitted&#xd;   
              foreign earnings&lt;/font&gt;&#xd;    
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left&quot;&gt;&#xd;  
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;52,100&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;22,900&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr&gt;&#xd; 
            &lt;td valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;PADDING-BOTTOM: 2px; TEXT-INDENT: 9pt&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Deferred&#xd; 
              tax liabilities&lt;/font&gt;&#xd;   
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;52,100&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;79,907&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr style=&quot;background-color: #C0FFFF;&quot;&gt;&#xd; 
            &lt;td valign=&quot;bottom&quot; width=&quot;66%&quot;&gt;&#xd; 
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Net&#xd;   
                deferred tax assets&lt;/font&gt;&#xd;    
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;202,297&lt;/font&gt;&#xd;   
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;128,086&lt;/font&gt;&#xd;   
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
        &lt;/table&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd; 
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;&lt;font style=&quot;DISPLAY: inline; FONT-SIZE: 10pt&quot;&gt;Of the $7,428,259&#xd;     
      and $3,923,637&lt;/font&gt; &lt;font style=&quot;DISPLAY: inline; FONT-SIZE: 10pt&quot;&gt;valuation allowance&#xd;  
      at December 31, 2011 and 2010, $100 and $137,000 were&#xd;     
      recorded through other comprehensive income, respectively in&#xd;  
      2011 and 2010 related to temporary decline of the long-term&#xd; 
      investment balance.&lt;/font&gt;&lt;/font&gt;&#xd;  
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;The&#xd;   
      deferred tax assets related to temporary differences of the&#xd; 
      Company&amp;#8217;s China subsidiaries for the years ended&#xd;     
      December 31, 2011 and 2010 were $172,913 and $159,955,&#xd; 
      respectively. The deferred tax assets related to Crossbow&#xd;    
      Japan was $29,384 at December 31, 2011.&lt;/font&gt;&#xd;    
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;During&#xd; 
      the fourth quarter of 2008, the Company entered into and has&#xd;  
      remained in a three-year cumulative loss position in the&#xd;   
      United States tax jurisdiction and therefore, concluded a&#xd;    
      valuation allowance was appropriate for its deferred tax&#xd;   
      assets in the United States.&amp;#160;&amp;#160;The Company recorded&#xd;     
      a full valuation allowance against its deferred tax assets&#xd;     
      for 2011 and 2010 based upon uncertainty with respect to&#xd;   
      future taxable income in the United States.&lt;/font&gt;&#xd;   
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;At&#xd;  
      December 31, 2011, the Company had gross United States net&#xd;     
      operating loss carryforwards of $8.7 million, which will&#xd;   
      expire in various amounts from 2028 through 2031. Included&#xd;     
      within this amount is approximately $289,000&amp;#160;of excess&#xd;     
      tax deductions associated with non-qualified stock options&#xd;     
      that have been exercised. When these excess tax benefits&#xd;   
      actually result in a reduction to currently payable income&#xd;     
      taxes, the tax benefit will be recorded as an increase to&#xd;    
      additional paid-in capital. The Company&amp;#8217;s operating&#xd;   
      losses may be subject to limitations under provisions of the&#xd;  
      Internal Revenue Code.&lt;/font&gt;&#xd;  
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;The&#xd;   
      Company has performed an analysis of its uncertain tax&#xd; 
      positions in connection with the application of ASC Topic 740&#xd;   
      for the years ended December 31, 2011 and 2010 and concluded&#xd;  
      that it has no uncertain tax positions that do not meet a&#xd;    
      more likely than not standard set forth by ASC Topic 740.&#xd;    
      Therefore, the Company has recorded no tax reserve related to&#xd;   
      uncertain positions in its financial statements.&lt;/font&gt;&#xd;   
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman&quot;&gt;The&#xd; 
      Company files returns in many foreign and state jurisdictions&#xd;   
      with varying statutes of limitations and considers the United&#xd;   
      States and PRC to be its significant tax jurisdictions. The&#xd; 
      tax years&amp;#160;1999 to 2011 are open tax years in the United&#xd; 
      States and PRC taxing jurisdiction. Although the Company&#xd;   
      believes its estimates of income tax payable are reasonable,&#xd;  
      no assurance can be given that the Company will prevail in&#xd;     
      any differences raised in a future audit. The Company&#xd;     
      believes such differences would not have a material impact on&#xd;   
      the Company&amp;#8217;s financial condition, the Company&amp;#8217;s&#xd;     
      income tax provision or operating results.&lt;/font&gt;&#xd;  
    &lt;/div&gt;&lt;br/&gt;</us-gaap:IncomeTaxDisclosureTextBlock>  
  <us-gaap:CommitmentsAndContingenciesDisclosureTextBlock contextRef="c2_From1Jan2011To31Dec2011">&lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;16.&#xd;  
      COMMITMENTS AND CONTINGENCIES&lt;/font&gt;&#xd;    
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;    
      &lt;font style=&quot;FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;Lease&#xd;    
      Commitments&lt;/font&gt;&#xd; 
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;The&#xd;   
      Company leases its United States corporate headquarter&#xd; 
      facility, its California and Chicago offices and certain&#xd;   
      equipment under noncancelable operating leases expiring&#xd;  
      through 2015. The Company owns the property utilized for&#xd;   
      manufacturing and certain other operations located in Wuxi,&#xd; 
      Jiangsu Province, in the PRC.&lt;/font&gt;&#xd;    
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;At&#xd;  
      December&amp;#160;31, 2011, future minimum annual noncancelable&#xd;     
      operating lease commitments were $369,000, $271,000, $208,000&#xd;   
      and $159,000 for 2012, 2013, 2014 and 2015, respectively.&#xd;    
      Total rent expense for the years ended December&amp;#160;31, 2011&#xd;  
      and 2010 was $436,000 and $380,000, respectively.&lt;/font&gt;&#xd;    
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;    
      &lt;font style=&quot;FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;Licensing&#xd;   
      Agreement and Marketing Agreements&lt;/font&gt;&#xd;    
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;In&#xd;  
      connection with its initial capitalization, the Company was&#xd; 
      assigned a technology license related to the design,&#xd;    
      manufacture and sale of low-cost thermal accelerometers from&#xd;  
      Analog Devices, Inc. The Company agreed to fulfill the&#xd; 
      obligations under the technology license, including royalty&#xd; 
      obligations to a university and patent prosecution expenses.&#xd;  
      While the Company believes that the agreements as a whole&#xd;    
      provide it with exclusive rights to the license and the&#xd;  
      patents, there can be no assurance that, if a third party&#xd;    
      challenges the validity of the patents, the Company will&#xd;   
      prevail and continue exclusive rights to the licensed&#xd;     
      technology and patents.&lt;/font&gt;&#xd;   
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;The&#xd;   
      license agreement provides that the Company must pay the&#xd;   
      university a quarterly royalty of 1% of net sales, not to&#xd;    
      exceed $100,000 per year, during the term of the license&#xd;   
      agreement. The Company paid royalty fees in the amount of&#xd;    
      $100,000 in 2011 and 2010, and recorded such amounts to&#xd;  
      general and administrative expenses in the consolidated&#xd;  
      statements of operations.&lt;/font&gt;&#xd;     
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;    
        &lt;font style=&quot;FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold&quot;&gt;MEMSIC&#xd;     
        Wuxi Wireless Sensor Network Technology Co., Ltd.&#xd;   
        Investment Contribution Agreement&lt;/font&gt;&#xd;     
      &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;  
        &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman&quot;&gt;Under&#xd;     
        the November 2011 MEMSIC Wuxi Wireless Sensor Network&#xd;  
        Technology Co., Ltd. Investment Contribution Agreement,&#xd;    
        Wuxi WSN is expected to increase its total registered&#xd;  
        capital to up to RMB30 million (approximately $4.8 million)&#xd;   
        within two years. For the additional investment, MTS is&#xd;    
        expected to contribute certain intangible assets with an&#xd;     
        assessed value equal to the incremental investment of RMB16&#xd;   
        million (approximately $2.5 million). If the assessed value&#xd;   
        of the contributed intangible assets is less than RMB16&#xd;    
        million, MTS will make up the deficiency in cash in order&#xd; 
        to bring the total investment from MTS to RMB20 million,&#xd;     
        representing 66.67% of the total equity.&lt;/font&gt;&#xd;  
      &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
      &lt;font style=&quot;FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;Employee&#xd;  
      Benefit Plan&lt;/font&gt;&#xd;  
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;The&#xd;   
      Company maintains a 401(k) retirement savings plan (the Plan)&#xd;   
      whereby employees may elect to defer a portion of their&#xd;  
      salary and contribute the deferred portion to the Plan. The&#xd; 
      Plan covers substantially all Unites States employees of the&#xd;  
      Company. The Company contributes an amount equal to 100% of&#xd; 
      the amount contributed by each employee, up to 2% of their&#xd;     
      base compensation. The Company&amp;#8217;s matching contributions&#xd;  
      vest over a four year period. Employee contributions and the&#xd;  
      Company&amp;#8217;s matching contributions are invested in one or&#xd;  
      more collective investment funds at the participant&amp;#8217;s&#xd;     
      direction. For the years ended December&amp;#160;31, 2011 and&#xd;   
      2010, the Company&amp;#8217;s contributions, including&#xd; 
      administrative fees, were approximately $54,657 and $55,716,&#xd;  
      respectively.&lt;/font&gt;&#xd;   
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;    
      &lt;font style=&quot;FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;Other&lt;/font&gt;&#xd;  
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;The&#xd;   
      Company may be subject to claims that arise out of the&#xd; 
      ordinary course of business in legal disputes which arise in&#xd;  
      the ordinary course of business. In management&amp;#8217;s&#xd;     
      opinion, these matters will not have a material adverse&#xd;  
      effect on the financial position of the Company.&lt;/font&gt;&#xd;   
    &lt;/div&gt;&lt;br/&gt;</us-gaap:CommitmentsAndContingenciesDisclosureTextBlock>     
  <us-gaap:SegmentReportingDisclosureTextBlock contextRef="c2_From1Jan2011To31Dec2011">&lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;    
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;17.&#xd;  
      SEGMENT INFORMATION&lt;/font&gt;&#xd;    
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;The&#xd;   
      Company conducts its operations and manages its business in&#xd; 
      two reporting segments. The Company develops, designs,&#xd; 
      manufactures and markets (i) semiconductor sensor products&#xd;     
      (&amp;#8220;sensor products&amp;#8221;) based on&#xd;     
      micro-electromechanical systems (MEMS) technology and&#xd;     
      advanced integrated circuit design and (ii) sensor system&#xd;    
      solution products (&amp;#8220;system solution products&amp;#8221;)&#xd;   
      which incorporate sensors with on-board computing, wireless&#xd; 
      communications and systems and application software solutions&#xd;   
      and which initially consisted of the product lines acquired&#xd; 
      from Crossbow in January 2010. In making operating decisions,&#xd;   
      the Company&amp;#8217;s chief executive officer, who is the chief&#xd;  
      operating decision maker, considers the gross profit results&#xd;  
      of the sensor product reporting unit and the system solution&#xd;  
      product reporting unit separately, but utilizes enterprise&#xd;     
      wide operating expense and earning results. As the management&#xd;   
      resources and certain assets are shared between the reporting&#xd;   
      segments, it is not practical to report the earnings and&#xd;   
      assets separately.&lt;/font&gt;&#xd;   
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;    
      &lt;font style=&quot;FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;Revenues&#xd;  
      by product application&lt;/font&gt;&#xd;  
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;The&#xd;   
      categorization of revenue by product application is&#xd;   
      determined using a variety of data points including the&#xd;  
      technical characteristics of the product, the end customer&#xd;     
      product and application into which the Company&amp;#8217;s&#xd;     
      product will be incorporated, and requires substantial&#xd; 
      judgment. Set forth below are the Company&amp;#8217;s revenues by&#xd;  
      product application for the periods presented.&lt;/font&gt;&#xd; 
    &lt;/div&gt;&lt;br/&gt;&lt;table cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; width=&quot;80%&quot; style=&quot;FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman&quot;&gt;&#xd; 
          &lt;tr&gt;&#xd; 
            &lt;td valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;    
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;6&quot; valign=&quot;bottom&quot; width=&quot;32%&quot; style=&quot;BORDER-BOTTOM: black 2px solid&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;For&#xd;  
                the year ended December 31,&lt;/font&gt;&#xd;  
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr&gt;&#xd; 
            &lt;td valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;    
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;15%&quot; style=&quot;BORDER-BOTTOM: black 2px solid&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;2011&lt;/font&gt;&#xd; 
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;15%&quot; style=&quot;BORDER-BOTTOM: black 2px solid&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;2010&lt;/font&gt;&#xd; 
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr style=&quot;background-color: #C0FFFF;&quot;&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;66%&quot;&gt;&#xd;    
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Mobile&#xd; 
                phone&lt;/font&gt;&#xd;     
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;35,354,386&lt;/font&gt;&#xd; 
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            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
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            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
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            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;  
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;7,670,666&lt;/font&gt;&#xd;     
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
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          &lt;/tr&gt;&#xd;  
          &lt;tr&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;66%&quot;&gt;&#xd;    
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Consumer&lt;/font&gt;&#xd; 
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;6,338,400&lt;/font&gt;&#xd;     
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
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          &lt;tr style=&quot;background-color: #C0FFFF;&quot;&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;66%&quot;&gt;&#xd;    
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Automotive&lt;/font&gt;&#xd;   
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;14,379,675&lt;/font&gt;&#xd; 
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
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            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;12,019,529&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
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          &lt;tr&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Industrial/other&lt;/font&gt;&#xd;    
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
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            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;11,790,016&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
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            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
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            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;12,622,982&lt;/font&gt;&#xd; 
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
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          &lt;tr style=&quot;background-color: #C0FFFF;&quot;&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Total&lt;/font&gt;&#xd;   
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;68,153,132&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;38,651,577&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
        &lt;/table&gt;&lt;br/&gt;&lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;     
      &lt;font style=&quot;FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;Revenues&#xd;  
      and gross profit by product type&lt;/font&gt;&#xd;  
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;TEXT-ALIGN: left; LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;The&#xd;   
      following table summarizes revenue and gross profit by&#xd; 
      product categories.&lt;/font&gt;&#xd;    
    &lt;/div&gt;&lt;br/&gt;&lt;table cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; width=&quot;80%&quot; style=&quot;FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman&quot;&gt;&#xd; 
          &lt;tr&gt;&#xd; 
            &lt;td valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;    
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;6&quot; valign=&quot;bottom&quot; width=&quot;32%&quot; style=&quot;BORDER-BOTTOM: black 2px solid&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;For&#xd;  
                the year ended December 31,&lt;/font&gt;&#xd;  
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr&gt;&#xd; 
            &lt;td valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;    
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;15%&quot; style=&quot;BORDER-BOTTOM: black 2px solid&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;2011&lt;/font&gt;&#xd; 
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;15%&quot; style=&quot;BORDER-BOTTOM: black 2px solid&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;2010&lt;/font&gt;&#xd; 
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr style=&quot;background-color: #C0FFFF;&quot;&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;66%&quot;&gt;&#xd;    
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Revenue&lt;/font&gt;&#xd;     
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;15%&quot;&gt;&#xd;   
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;15%&quot;&gt;&#xd;   
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;66%&quot;&gt;&#xd;    
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Sensor&#xd; 
                products&lt;/font&gt;&#xd;   
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;57,876,788&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;27,789,373&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr style=&quot;background-color: #C0FFFF;&quot;&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;System&#xd; 
                solution products&lt;/font&gt;&#xd;  
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;10,276,344&lt;/font&gt;&#xd; 
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
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            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;10,862,204&lt;/font&gt;&#xd; 
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          &lt;tr&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Total&lt;/font&gt;&#xd;   
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
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            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;  
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            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;68,153,132&lt;/font&gt;&#xd; 
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;  
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            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;38,651,577&lt;/font&gt;&#xd; 
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
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        &lt;/table&gt;&lt;br/&gt;&lt;table cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; width=&quot;80%&quot; style=&quot;FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman&quot;&gt;&#xd;  
          &lt;tr&gt;&#xd; 
            &lt;td valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;    
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;6&quot; valign=&quot;bottom&quot; width=&quot;32%&quot; style=&quot;BORDER-BOTTOM: black 2px solid&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;For&#xd;  
                the year ended December 31,&lt;/font&gt;&#xd;  
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
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          &lt;/tr&gt;&#xd;  
          &lt;tr&gt;&#xd; 
            &lt;td valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;    
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;15%&quot; style=&quot;BORDER-BOTTOM: black 2px solid&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;2011&lt;/font&gt;&#xd; 
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;15%&quot; style=&quot;BORDER-BOTTOM: black 2px solid&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;2010&lt;/font&gt;&#xd; 
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr style=&quot;background-color: #C0FFFF;&quot;&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;66%&quot;&gt;&#xd;    
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Gross&#xd;     
                Profit&lt;/font&gt;&#xd; 
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;15%&quot;&gt;&#xd;   
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;15%&quot;&gt;&#xd;   
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;66%&quot;&gt;&#xd;    
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Sensor&#xd; 
                products&lt;/font&gt;&#xd;   
              &lt;/div&gt;&#xd;  
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            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
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            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;  
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;18,236,527&lt;/font&gt;&#xd; 
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
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            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;  
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            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;10,108,193&lt;/font&gt;&#xd; 
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              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
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          &lt;tr style=&quot;background-color: #C0FFFF;&quot;&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;System&#xd; 
                solution products&lt;/font&gt;&#xd;  
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            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
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            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
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            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;5,602,823&lt;/font&gt;&#xd;     
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            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
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            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
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            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;5,216,561&lt;/font&gt;&#xd;     
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            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Total&lt;/font&gt;&#xd;   
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;23,839,350&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;15,324,754&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
        &lt;/table&gt;&lt;br/&gt;&lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;     
      &lt;font style=&quot;FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;Revenues&#xd;  
      by geographical region&lt;/font&gt;&#xd;  
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;Revenue&#xd;  
      by geographic region, based upon customer location, for the&#xd; 
      years ended December 31, 2011 and 2010 was as follows:&lt;/font&gt;&#xd;    
    &lt;/div&gt;&lt;br/&gt;&lt;table cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; width=&quot;80%&quot; style=&quot;FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman&quot;&gt;&#xd; 
          &lt;tr&gt;&#xd; 
            &lt;td valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;6&quot; valign=&quot;bottom&quot; width=&quot;32%&quot; style=&quot;BORDER-BOTTOM: black 2px solid&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;For&#xd;  
                the year ended December 31,&lt;/font&gt;&#xd;  
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr&gt;&#xd; 
            &lt;td valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;15%&quot; style=&quot;BORDER-BOTTOM: black 2px solid&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;2011&lt;/font&gt;&#xd; 
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;15%&quot; style=&quot;BORDER-BOTTOM: black 2px solid&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;2010&lt;/font&gt;&#xd; 
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr style=&quot;background-color: #C0FFFF;&quot;&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;66%&quot;&gt;&#xd;    
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Asia&#xd;    
                (excluding Japan)&lt;/font&gt;&#xd;  
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;39,722,012&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;13,427,196&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;66%&quot;&gt;&#xd;    
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Europe&lt;/font&gt;&#xd;    
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;3,433,387&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;3,706,835&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr style=&quot;background-color: #C0FFFF;&quot;&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;66%&quot;&gt;&#xd;    
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Japan&lt;/font&gt;&#xd;   
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;7,995,759&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;6,008,997&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;66%&quot;&gt;&#xd;    
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;North&#xd;     
                America&lt;/font&gt;&#xd;  
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;16,630,001&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;14,359,526&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr style=&quot;background-color: #C0FFFF;&quot;&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Other&lt;/font&gt;&#xd;   
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;371,973&lt;/font&gt;&#xd;   
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;1,149,023&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Total&lt;/font&gt;&#xd;   
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;68,153,132&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;38,651,577&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
        &lt;/table&gt;&lt;br/&gt;&lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;     
      &lt;font style=&quot;FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;Total&#xd;    
      assets by geographical region&lt;/font&gt;&#xd;    
    &lt;/div&gt;&lt;br/&gt;&lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;     
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;Total&#xd;     
      assets by geographical region are as follows:&lt;/font&gt;&#xd;     
    &lt;/div&gt;&lt;br/&gt;&lt;table cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; width=&quot;80%&quot; style=&quot;TEXT-ALIGN: center; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman&quot;&gt;&#xd; 
          &lt;tr style=&quot;TEXT-ALIGN: center;&quot;&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;66%&quot;&gt;&#xd; 
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;6&quot; valign=&quot;bottom&quot; width=&quot;32%&quot;&gt;&#xd;   
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;December&#xd;  
                31,&lt;/font&gt;&#xd;   
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr&gt;&#xd; 
            &lt;td valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;    
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;15%&quot; style=&quot;BORDER-BOTTOM: black 2px solid&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;2011&lt;/font&gt;&#xd; 
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;15%&quot; style=&quot;BORDER-BOTTOM: black 2px solid&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;   
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;2010&lt;/font&gt;&#xd; 
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr&gt;&#xd; 
            &lt;td valign=&quot;bottom&quot; width=&quot;66%&quot;&gt;&#xd; 
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;15%&quot;&gt;&#xd;   
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; width=&quot;15%&quot;&gt;&#xd;   
              &amp;#160;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr style=&quot;background-color: #C0FFFF;&quot;&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;66%&quot;&gt;&#xd;    
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;United&#xd; 
                States&lt;/font&gt;&#xd; 
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;54,144,187&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;56,250,073&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;66%&quot;&gt;&#xd;    
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;China&lt;/font&gt;&#xd;   
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;71,877,989&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;TEXT-ALIGN: right&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;60,172,360&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left&quot;&gt;&#xd; 
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr style=&quot;background-color: #C0FFFF;&quot;&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Japan&lt;/font&gt;&#xd;   
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;1,510,343&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right&quot;&gt;&#xd;    
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;1,242,663&lt;/font&gt;&#xd;     
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 2px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
          &lt;tr&gt;&#xd; 
            &lt;td align=&quot;left&quot; valign=&quot;bottom&quot; width=&quot;66%&quot; style=&quot;PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Total&lt;/font&gt;&#xd;   
              &lt;/div&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;127,532,519&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td align=&quot;right&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left&quot;&gt;&#xd;   
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td valign=&quot;bottom&quot; width=&quot;14%&quot; style=&quot;BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right&quot;&gt;&#xd;     
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;117,665,096&lt;/font&gt;&#xd;  
            &lt;/td&gt;&#xd;    
            &lt;td nowrap=&quot;nowrap&quot; valign=&quot;bottom&quot; width=&quot;1%&quot; style=&quot;TEXT-ALIGN: left; PADDING-BOTTOM: 4px&quot;&gt;&#xd;  
              &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd; 
            &lt;/td&gt;&#xd;    
          &lt;/tr&gt;&#xd;  
        &lt;/table&gt;&lt;br/&gt;&lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 30pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd; 
      &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt&quot;&gt;Total&#xd;     
      long-lived assets by geographical region are as&#xd;    
      follows:&lt;/font&gt;&#xd;   
    &lt;/div&gt;&lt;br/&gt;&lt;table cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; width=&quot;80%&quot; style=&quot;FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman&quot;&gt;&#xd; 
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              &amp;#160;&#xd;     
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                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&lt;font style=&quot;DISPLAY: inline&quot;&gt;June 30&lt;/font&gt;&lt;/font&gt;&#xd;     
                &lt;/div&gt;&#xd;    
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                  30&lt;/font&gt;&lt;/font&gt;&#xd;  
                &lt;/div&gt;&#xd;    
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                  31&lt;/font&gt;&lt;/font&gt;&#xd;  
                &lt;/div&gt;&#xd;    
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            &lt;/tr&gt;&#xd;    
            &lt;tr&gt;&#xd;   
              &lt;td valign=&quot;bottom&quot;&gt;&#xd; 
                &amp;#160;&#xd;  
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                &amp;#160;&#xd;  
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              &lt;/td&gt;&#xd; 
              &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot;&gt;&#xd;   
                &amp;#160;&#xd;  
              &lt;/td&gt;&#xd; 
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                &amp;#160;&#xd;  
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                &amp;#160;&#xd;  
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                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;18,357,300&lt;/font&gt;&#xd;   
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                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;    
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                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;21,468,278&lt;/font&gt;&#xd;   
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                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;(3,279,322&lt;/font&gt;&#xd;   
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                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;)&lt;/font&gt;&#xd;    
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            &lt;tr&gt;&#xd;   
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                &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;   
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;Basic&#xd;  
                  and diluted net loss per share&lt;/font&gt;&#xd;  
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                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;    
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                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;    
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                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;    
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                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;)&lt;/font&gt;&#xd;    
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                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;   
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                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;$&lt;/font&gt;&#xd;    
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                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;(0.13&lt;/font&gt;&#xd;   
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                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;)&lt;/font&gt;&#xd;    
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              &lt;td valign=&quot;bottom&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;    
                &amp;#160;&#xd;  
              &lt;/td&gt;&#xd; 
              &lt;td valign=&quot;bottom&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;    
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;  
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              &lt;td colspan=&quot;14&quot; valign=&quot;bottom&quot; style=&quot;BORDER-BOTTOM: black 2px solid&quot;&gt;&#xd;   
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                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;2010&#xd;     
                  Quarter Ended&lt;/font&gt;&#xd;     
                &lt;/div&gt;&#xd;    
              &lt;/td&gt;&#xd; 
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            &lt;tr&gt;&#xd;   
              &lt;td valign=&quot;bottom&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;    
                &amp;#160;&#xd;  
              &lt;/td&gt;&#xd; 
              &lt;td valign=&quot;bottom&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;    
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;  
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                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&lt;font style=&quot;DISPLAY: inline&quot;&gt;March 31&lt;/font&gt;&lt;/font&gt;&#xd; 
                &lt;/div&gt;&#xd;    
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                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;  
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              &lt;td valign=&quot;bottom&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;    
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;  
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                &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;     
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&lt;font style=&quot;DISPLAY: inline&quot;&gt;June 30&lt;/font&gt;&lt;/font&gt;&#xd;     
                &lt;/div&gt;&#xd;    
              &lt;/td&gt;&#xd; 
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                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;  
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              &lt;td valign=&quot;bottom&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;    
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;  
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              &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; style=&quot;BORDER-BOTTOM: black 2px solid&quot;&gt;&#xd;  
                &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;     
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&lt;font style=&quot;DISPLAY: inline&quot;&gt;September&#xd; 
                  30&lt;/font&gt;&lt;/font&gt;&#xd;  
                &lt;/div&gt;&#xd;    
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                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;  
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              &lt;td valign=&quot;bottom&quot; style=&quot;PADDING-BOTTOM: 2px&quot;&gt;&#xd;    
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;  
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              &lt;td colspan=&quot;2&quot; valign=&quot;bottom&quot; style=&quot;BORDER-BOTTOM: black 2px solid&quot;&gt;&#xd;  
                &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;center&quot;&gt;&#xd;     
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&lt;font style=&quot;DISPLAY: inline&quot;&gt;December&#xd;     
                  31&lt;/font&gt;&lt;/font&gt;&#xd;  
                &lt;/div&gt;&#xd;    
              &lt;/td&gt;&#xd; 
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                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;  
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            &lt;/tr&gt;&#xd;    
            &lt;tr&gt;&#xd;   
              &lt;td valign=&quot;bottom&quot; width=&quot;52%&quot;&gt;&#xd;   
                &amp;#160;&#xd;  
              &lt;/td&gt;&#xd; 
              &lt;td valign=&quot;bottom&quot; width=&quot;1%&quot;&gt;&#xd;  
                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;   
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                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;   
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                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;   
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                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;   
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                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;   
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                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;   
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                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;   
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                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;   
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                &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt&quot;&gt;&amp;#160;&lt;/font&gt;&#xd;   
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            &lt;tr style=&quot;background-color: #C0FFFF;&quot;&gt;&#xd;   
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                &lt;div style=&quot;LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt&quot; align=&quot;left&quot;&gt;&#xd;   
                  &lt;font style=&quot;DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10