PROPERTY AND EQUIPMENT

12 Months Ended

Dec. 31, 2011

PROPERTY AND EQUIPMENT:

Property and equipment at cost, consists of the following:

December 31,	2011			2010

Leasehold improvements	$	888,000		$	879,000
Computer equipment		693,000			622,000
Machinery and equipment		1,612,000			1,595,000
Autos		27,000			87,000
Furniture and fixtures		802,000			788,000
		4,022,000			3,971,000
Accumulated depreciation and amortization		(3,008,000	)		(2,799,000	)
	$	1,014,000		$	1,172,000

The Company recognized, on a straight-line basis, depreciation and amortization expense of $270,000 and $278,000 for the years ended December 31, 2011 and 2010, respectively.

- Definition

Tabular disclosure of the useful life and salvage value of 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.

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