Composition of Certain Financial Statement Captions

12 Months Ended

Dec. 31, 2012

Composition of Certain Financial Statement Captions [Abstract]

Composition of Certain Financial Statement Captions [Text Block]

Note 5 – Composition of Certain Financial Statement Captions

Inventories, net are summarized as follows (in thousands):

	December 31,
	2012			2011
Raw materials	$	279		$	803
Finished goods		1,694			2,106
		1,973			2,909
Less: Inventory allowance		(246	)		(33	)
	$	1,727		$	2,876

Fixed assets are summarized as follows (in thousands):

	December 31,
	2012			2011
Computer and office equipment	$	100		$	123
Leasehold improvements		26			26
Tooling and product design		325			294
		451			443
Less: Accumulated depreciation		(347	)		(318	)
	$	104		$	125

Depreciation expense totaled $83,000 and $88,000 for the years ended December 31, 2012 and 2011, respectively.

Accrued compensation and benefits are summarized as follows (in thousands):

	December 31,
	2012		2011
Vacation	$	139	$	147
Bonuses		46		219
Accrued payroll		21		33
Executive relocation(1)		–		45
	$	206	$	444

⁽¹⁾Relates to the hiring of a DCT executive in November 2010.