PROPERTY AND EQUIPMENT (Tables)

12 Months Ended

Dec. 31, 2013

Property and equipment consist of the following as of December 31, 2013 and 2012:

	2013			2012
Computer equipment and purchased software (3 years)	$	1,361		$	5,056
Internally developed software not yet placed in service (3 years)		433			–
Furniture and fixtures and leasehold improvements (5 – 7 years)		146			91
		1,940			5,147
Less: accumulated depreciation and amortization		(1,088	)		(4,532	)
Property and equipment, net	$	852		$	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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