PROPERTY AND EQUIPMENT, NET

9 Months Ended

Sep. 30, 2012

NOTE 8 — PROPERTY AND EQUIPMENT, NET

Property and equipment, net, consisted of the following:


	September 30, 2012			December 31, 2011
Furniture and fixtures	$	2,648		$	229
Leasehold improvements		9,056			630
Computer equipment and software		2,662			747
Laboratory equipment		371			371
Construction in progress		373			164

		15,110			2,141
Less: Accumulated depreciation and amortization		(1,525	)		(1,421	)

Total	$	13,585		$	720

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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