Property And Equipment, Net

12 Months Ended

Dec. 31, 2011

Property And Equipment, Net [Abstract]

Note 5 — Property and Equipment, Net

Property and equipment as of December 31, 2011 and 2010 was as follows:


	Life	December 31,
	Life	2011		2010
Manufacturing equipment	3-5 years	$	1,998,000	$	2,029,000
Research equipment	5 years		37,000		91,000
Computer equipment	3-4 years		42,000		60,000
Furniture and fixtures	7 years		39,000		39,000
Property and equipment, gross			2,116,000		2,219,000
Less: accumulated depreciation			2,099,000		2,111,000
Property and equipment, net		$	17,000	$	108,000

Depreciation expense for the years ended December 31, 2011 and 2010 was approximately $91,000 and $129,000, respectively, including amortization expense relating to research and development assets.

- 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.

+ References+ Details