Discontinued Operation

6 Months Ended

Jun. 30, 2011

Discontinued Operation

Discontinued Operation

NOTE 4 — Discontinued Operation

The results of operations for our Gateway facility are being reported as a discontinued operation and accordingly, the accompanying consolidated financials statements have been reclassified to report separately the assets, liabilities and operating results of this discontinued operation.

Summarized results of operations for our Gateway facility are as follows:

	Three Months Ended June 30,					Six Months Ended June 30,
	2011		2010			2011			2010
Revenues	$	2,000	$	2,564,000		$	2,000		$	2,676,000
Impairment charge	—		(7,964,000		)	—			(7,964,000		)
Loss from discontinued operation before income taxes	—		(8,956,000		)	(105,000		)	(10,227,000		)
Income tax benefit of discontinued operation	—		3,134,000			37,000			3,578,000
Loss from discontinued operation	—		(5,822,000		)	(68,000		)	(6,649,000		)

The major classes of assets and liabilities of the discontinued operation in the consolidated balance sheet are as follows:

	June 30, 2011		December 31, 2010
Accounts receivable	$	—	$	96,000
Prepaid expenses and other	—		19,000
Current assets of discontinued operation	$	—	$	115,000
Property and equipment, net	$	—	$	233,000
Non current assets of discontinued operation	$	—	$	233,000
Accounts payable	$	—	$	4,000
Accrued liabilities	49,000		681,000
Current liabilities of discontinued operation	$	49,000	$	685,000