LONG-TERM DEBT (Tables)

12 Months Ended

Dec. 31, 2013

Long-Term Debt Tables

Long-term debt

Long-term debt consists of the following (dollars in thousands):

	December 31,
	2012		2013
Term loan with a commercial bank, secured by demo equipment, due in monthly installments beginning July 2012 with the balance paid in full in June 2017 and a stated interest rate of 6.0%.		—		501
Less current portion of long-term debt		—		132
Long-term debt, net of current portion	$	—	$	369

Maturities of long-term debt

Maturities of long-term debt as of December 31, 2013 were as follows (in thousands):

Year Ending December 31,
2014	$	132
2015		141
2016		149
2017		78
	$	501