Razzle,
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Should I tell my boss that I am Bipolar II?? Or would that just be career suicide?
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I think it would be career suicide to tell him. I agree that he doesn't have a legal right to know. However, since it's a small comapny and you want to save your job PLUS you feel you must offer some kind of explanation, why don't you ask him for some time and buy him a cup of coffee and have a sit down. Apologize for the many absences and tell him how you plan to make up any missin work. Tell him you are working through your medical issues and offer a doctor's note if necessary (PDoc can give you one). If you want to tell him something tell him you suffer from depression and had a difficult time getting the right anti depressant. Deression is much more accepted in our culture than Bipolar and everyone is on anti-d's now!
Good luck.