PROPERTY AND EQUIPMENT (Tables)

9 Months Ended

Sep. 30, 2013

Property and equipment (with their respective useful lives) consist of the following at September 30, 2013 and December 31, 2012 (in thousands):

	2013			2012
Computer equipment and purchased software (3 years)	$	1,338		$	5,056
Furniture and fixtures and leasehold improvements (5 – 7 years)		137			91
		1,475			5,147
Less: accumulated depreciation and amortization		(995	)		(4,532	)
		480			615
Internally developed software (3years)		194			–
Property and equipment, net	$	674		$	615

- 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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