Discontinued Operations

12 Months Ended

Dec. 31, 2011

Discontinued Operations [Abstract]

Discontinued Operations

4. Discontinued Operations

As discussed in Note 1, by April 2002, the Company had effectively eliminated a majority of its on-going promotions business operations. Accordingly, the discontinued activities of the Company have been classified as discontinued operations in the accompanying consolidated financial statements.

As of December 31, 2011 and 2010, the Company had no assets or liabilities within its discontinued operations. In October 2010, the Company settled the remaining liability in its discontinued operations which was a post-employment obligation dating back to the Company’s decision to discontinue its marketing operations. The Company used cash from continuing operations of $0.6 million to satisfy this obligation.

Net loss from discontinued operations for the year ended December 31, 2010, totaled $93,000. The Company had no discontinued operations during 2011 and, accordingly, there was no income or loss from discontinued operations in 2011.

General and Administrative Expenses

There were approximately $93,000 of general and administrative expenses during 2010 which related to a post-employment obligation dating back to the Company’s decision to discontinue its marketing operations.