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Commitments and Contingencies
12 Months Ended
Dec. 31, 2011
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies Disclosure [Text Block]

Note 5 – Commitments and Contingencies

 

Leases

            The Company leases certain factory, office and automotive equipment under noncancellable operating leases and equipment under capital leases expiring at various dates through September, 2017.

 Future minimum rental payments, required for all noncancellable leases are as follows:

 

      Capital     Operating
2012     $ 70     $ 92  
2013       70       29  
2014       60       10  
2015       53       4  
2016       22       4  
Thereafter       -       3  
Total future minimum lease payments       275     $ 142  
Less:  amounts representing interest       (29 )        
Present value of minimum lease payments     $ 246          

 

Property, plant and equipment included capitalized leases of $295 and $139 at December 31, 2011 and 2010, less accumulated amortization of $63 and $16 at December 31, 2011 and 2010, respectively.

 Rent expense was $155 and $198 for the years ended December 31, 2011 and 2010, respectively.

 

Litigation

 The Company is a party to certain proceedings incidental to the ordinary course of its business, none of which, in the current opinion of management, is likely to have a material adverse effect on the Company’s business, financial condition, results of operations or cash flows.