Note 8 - Notes Payable

In September 2012, the Company entered into a master security agreement with General Electric Capital Corporation ("GE"), whereby the Company can borrow up to $2.0 million to finance the purchases of equipment through June 2013 ("Equipment Loan"). Each Equipment Loan bears interest at the three-year U.S. Government treasury rate plus 11.68%, provided that the rate shall not be less than 12.1%, and is to be repaid over forty-two (42) months. GE will maintain a security interest in all equipment financed under the Equipment Loan. During the three months ended March 31, 2013, the Company financed $0.8 million at an interest rate of 12.1% with monthly principal payments of $19,426 starting April 2013 ("2013 Funding"). Interest accrues on the outstanding balance until paid in full.

Aggregate future minimum principal payments on the Equipment Loan, including the 2013 Funding, at March 31, 2013 are as follows (in thousands):

Year		Amount
2013 (remainder)	$	293
2014		390
2015		390
2016		207
	$	1,280