Property and equipment

12 Months Ended

Dec. 31, 2013

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

Property and equipment:

			Accumulated		Net book
2013	Cost		amortization		value

Laboratory equipment	$	629	$	488	$	141
Production equipment		286		-		286
Software		96		13		83
Computer equipment		144		87		57
Leasehold improvements		39		17		22
Furniture and office equipment		39		10		29

	$	1,233	$	615	$	618

			Accumulated		Net book
2012	Cost		amortization		value

Laboratory equipment	$	640	$	439	$	201
Computer equipment		84		65		19
Leasehold improvements		30		4		26
Furniture and office equipment		28		3		25

	$	782	$	511	$	271

Amortization expense for the year ended December 31, 2013 amounted to $104 (year ended December 31, 2012 - $895).

During the year ended December 31, 2012, as a result of its restructuring activities, the Company recorded impairment charges of $717 relating to its leasehold improvements and certain computer and office equipment (note 18). The Company did not record any impairment charges on its property and equipment for the year ended December 31, 2013.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

+ References+ Details