Annual report pursuant to Section 13 and 15(d)

Employee Benefit Plan

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Employee Benefit Plan
12 Months Ended
Dec. 31, 2011
Employee Benefit Plan
16. Employee Benefit Plan

 

We maintain an employee benefit plan under Section 401(k) of the Internal Revenue Code. The plan allows employees to make contributions and we may, but are not obligated to, match a portion of the employee’s contribution with our common stock, up to a defined maximum. We also pay certain expenses related to maintaining the plan. We recorded expenses related to our 401(k) plan of $56,000, $37,000 and $29,000 during 2011, 2010 and 2009, respectively.