Note 9 - Commitments and Contingencies

6 Months Ended

Jun. 30, 2012

Commitments and Contingencies Disclosure [Text Block]

9.     Commitments and Contingencies

Contractual Obligations

Through its recent acquisitions, the Company assumed leases of property expiring in various dates through 2016 with the following non-cancelable obligations:

	Amount
	(in thousands)
For the year ended December 31:
2012 (remaining six months)	$	357
2013		467
2014		431
2015		431
2016		425
	$	2,111

Through its recent acquisition of SWH, the Company acquired certain equipment under capital lease obligations. The following is a schedule of the future annual minimum payments for these leases as of June 30, 2012:

For the year ended December 31:
2012 (remaining six months)	$	258
2013		489
2014		458
2015		458
2016		51
Total minimum lease payments		1,714
Less amount representing interest		(119	)
Present value of net minimum lease payments		1,595
Less current portion		(405	)
Capital lease obligations, net of current portion	$	1,190

Legal Proceedings

From time to time, we may be a party in legal actions in various U.S. and foreign jurisdictions, arising from the normal course of business. In the opinion of management, such legal actions are not expected to have a material adverse effect on our financial condition or results of operations.