Revenues for the first nine months of 2007 were $2.41 million, compared to $2.51 million for the corresponding period in 2006.

Operating expenses for the quarter were $2.82 million, versus $1.43 million for the same period in 2006, an increase of $1.4 million. Operating expenses for the nine months ended September 30, 2007 were $5.1 million, versus $3.8 million for the nine months ended September 30, 2006, an increase of $1.3 million.

The net loss for the quarter ended September 30, 2007 was $2.7 million, compared to a net loss of $1.39 million for the same quarter of 2006. The net loss for the nine months ended September 30, 2007 was $6.37 million, compared to a net loss of $2.89 million for 2006.