Property and Equipment

12 Months Ended

Dec. 31, 2014

Property, Plant and Equipment [Abstract]

4.	Property and Equipment:

Property and equipment, summarized by major category, consist of the following as of December 31:


	2014			2013
Machinery & Equipment	$	1,354		$	272
Computer Equipment & Software		344			227
Office furniture & Equipment		110			110
Leasehold Improvements		9			9
Idle Equipment		3,758			4,144

Total		5,575			4,762

Less Accumulated Depreciations		(1,685	)		(1,739	)

Total property, plant & equipment, net	$	3,890		$	3,023

Depreciation expense for years ended December 31, 2014, 2013 and 2012 was approximately $0.1 million, $0.2 million and $0.5 million, respectively.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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