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Note 5 - Plant And Equipment

12 Months Ended

Dec. 31, 2011

Property, Plant and Equipment Disclosure [Text Block]

Note 5 - Plant and Equipment

Plant and equipment consists of the following:

	December 31,			December 31,
	2011			2010
Continuing Operations
Furniture, fixtures and equipment	$	6,366,000		$	7,164,000
Leasehold improvements		2,211,000			2,293,000
Less accumulated depreciation and amortization		(6,214,000	)		(6,570,000	)
	$	2,363,000		$	2,887,000

Depreciation and amortization expense for continuing operations for 2011 and 2010 was $676,000 and $1,134,000 respectively.

The Company wrote off impaired assets in 2010 totaling $126,000, related to assets purchased for the Company’s software project.

On August 18, 2010, the Company entered into a capital lease with Horiba Financial Services for the lease of equipment used in processing in the Company’s Van Nuys laboratory facility. The total value of the lease is $98,000 at 10.5% interest which is payable monthly in the amount of $2,100 and expires in July 2015.

- 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.

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