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Property, Plant and Equipment

12 Months Ended

Dec. 31, 2012

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

9. Property, Plant and Equipment

Property, plant and equipment at December 31, 2012 and 2011 consist of the following:


	December 31,			December 31,
	2012			2011
Land	$	90,000		$	90,000
Buildings	15,332,232			15,332,232
Building improvements	4,939,283			4,939,283
Software, machinery and equipment	13,741,573			13,941,438
	34,103,088			34,302,953
Less accumulated depreciation	(27,394,851)			(25,616,113)
Property, plant, and equipment, net	$	6,708,237		$	8,686,840

Depreciation expense related to property, plant and equipment was $1.9 million, $2.1 million and $5.0 million for the years ended December 31, 2012, 2011 and 2010, respectively.

In the fourth quarter of 2010, we abandoned our facility in Richmond, B.C. As a result, in accordance with ASC No. 360-10-35-47, Long-Lived Assets to Be Abandoned, we recorded depreciation expense in the amount of $2.1 million.

The entire disclosure for 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. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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