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Property and Equipment (Tables)

12 Months Ended

Jun. 30, 2012

Property and equipment consists of the following (in thousands):


	June 30,						Estimated Useful Life In Years
	2012			2011			Estimated Useful Life In Years
Machinery and equipment	$	4,858		$	4,369			3-6
Furniture and fixtures		236			236			5-7
Leasehold improvements		240			240			5

		5,334			4,845
Less: Accumulated depreciation and amortization		(4,417	)		(4,165	)

	$	917		$	680

- 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.

+ References+ Details