NOTE 4: PROPERTY, PLANT AND EQUIPMENT

12 Months Ended

Dec. 31, 2011

Property, Plant and Equipment Disclosure [Text Block]

NOTE 4:PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment consisted of the following as of December 31, 2011 and 2010:

	December 31, 2011			December 31, 2010			Range of Asset Lives
Land	$	1,492		$	1,492		-
Buildings and improvements		1,540			1,540		7 - 36 years
Leasehold improvements		221			221		2 - 5 years
Equipment		12,113			9,709		2 - 30 years
Furniture, computers and office equipment		1,101			930		2 - 8 years
Construction in progress		440			1,605		-
Total property, plant and equipment		16,907			15,497
Less: Accumulated depreciation		(4,871	)		(3,821	)
Property, plant and equipment, net	$	12,036		$	11,676

Included in property, plant and equipment are assets under capital lease of $313 and $870 at December 31, 2011 and 2010, respectively, with related accumulated amortization of $44 and $332 at December 31, 2011 and 2010, respectively.

Depreciation expense excluded from cost of sales in the accompanying statements of operations, was $254 and $329 for the years ended December 31, 2011 and 2010, respectively. Depreciation expense, included in “Cost of sales” in the accompanying statements of operations, was $1,223 and $2,327 for the years ended December 31, 2011 and 2010, respectively.

At December 31, 2011 and 2010, construction in progress represents assets that are not ready for service or are in the construction stage. We will begin depreciating these assets once they are placed in service.