5. Property and Equipment, net

Property and equipment, net consist of the following:


	December 31,
(in thousands)	2011			2010
Office and computer equipment	$	1,021		$	520
Software		399			337
Leasehold improvements		890			12
Manufacturing equipment		156			439
		2,466			1,308
Less accumulated depreciation		(1,325	)		(1,055	)
Property and equipment, net	$	1,141		$	253

Depreciation and amortization charged to the Statement of Operations for the years ended December 31, 2011, 2010, 2009 and from September 9, 2003 (date of inception) to December 31, 2011 (in thousands) was: $268, $188, $330, and $1,916, respectively.

- Definition

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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