Note 11 - Notes Payable

In September 2012, the Company entered into a master security agreement with General Electric Capital Corporation ("GE"), whereby the Company could borrow up to $2.0 million to finance the purchases of equipment through June 2013 (each, an "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 nine months ended September 30, 2013, the Company financed $1.5 million at interest rates of 12.1% with monthly principal payments totaling $34,529 ("2013 Funding"). Interest accrues on the outstanding balance until paid in full. As of September 30, 2013, the Company has financed $2.0 million in total under the Equipment Loan.

Aggregate future minimum principal payments on the GE notes payable, including the 2013 Funding, at September 30, 2013 are as follows (in thousands):

Year	Amount
2013 (remainder)	$	143
2014		571
2015		571
2016		396
	$	1,681