6. NOTE PAYABLE

In May 2013, the Company entered into a contract for the purchase of an enterprise resource planning ("ERP") system for $150. The total cost for the ERP system, including interest, is $159, with an implicit interest rate of approximately 6%.

Pursuant to the terms of this non-cancelable purchase agreement in effect at December 31, 2014, the future minimum principal payments are as follows:

Year Ended December 31,
2015		18

Total	$	18

In the third quarter of 2013, the Company decided to abandon the implementation of the ERP system. As such, the ERP system cost of $150 was fully expensed in 2013. The Company reserves the right to implement the ERP system at a future date.