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Property and Equipment

12 Months Ended

Dec. 31, 2012

Property, Plant and Equipment [Abstract]

Property and Equipment

Note 3. Property and Equipment

Fixed assets consist of the following at December 31:

		2012				2011
		(in thousands)
Furniture and fixtures		$	47			$	47
Laboratory equipment			508				508
Computer and communications equipment			261				261
Design and tooling			1,204				1,204
Machinery and equipment			--				167
			2,020				2,187
Less accumulated depreciation and amortization			(1,941	)			(1,825	)
Total		$	79			$	362

For the years ended December 31, 2012 and 2011, depreciation expense was $213,000 and $368,000, respectively. The Company did not allocate any of the depreciation expense of the machinery and equipment or the design and tooling into inventory as there was no manufacturing. This depreciation was included as a selling, general and administrative expense as excess idle time.

During 2011, the Company determined that the value associated its machinery and equipment was impaired and recorded an adjustment of $27,000. During the quarter ended March 31, 2012, the Company sold its remaining machine for the net carrying value of $70,000.

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.

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