Note 6 - Property, Plant and Equipment

3 Months Ended

Mar. 31, 2013

Property, Plant and Equipment Disclosure [Text Block]

Note 6.  Property, Plant and Equipment

Property, plant and equipment held and used in operations consists of the following:

In thousands of dollars

	March 31, 2013			December 31, 2012
Machinery and equipment, held and used	$	6,598		$	6,643
Leased assets		1,593			-
Building and improvements		4,324			4,324
Furniture, office equipment & other		2,016			1,930
		14,531			12,897
Less accumulated depreciation		(8,978	)		(8,821	)
Total property, plant and equipment held & used	$	5,553		$	4,076

Property, plant and equipment held and not used in operations consists of the following:

In thousands of dollars

	March 31, 2013			December 31, 2012
Machinery and equipment, held and not used	$	4,249		$	4,249
Less accumulated depreciation		(2,438	)		(2,392	)
Total property, plant and equipment held and not used	$	1,811		$	1,857

Property, plant and equipment held and not used relates to machinery and equipment that has been decommissioned at our Reno, Nevada facility.  We plan to transfer this machinery and equipment to our China subsidiary for use in operations. LTO equipment held for sale to our China operations is $1,811,000.

Depreciation expense for the three months ended March 31, 2013 and 2012, totaled $205,000 and $250,000, respectively.