Property and Equipment

12 Months Ended

Dec. 31, 2012

4. Property and Equipment

Property and equipment consists of the following:


	December 31
(In thousands)	2012			2011
Laboratory equipment	$	1,453		$	1,508
Computer equipment and software		435			421
Leasehold improvements, furniture and fixtures		1,286			1,282

		3,174			3,211
Accumulated depreciation and amortization		(2,944	)		(2,784	)

Property and equipment, net	$	230		$	427

Depreciation and amortization expense for the years ended December 31, 2012, 2011 and 2010 was $0.2 million, $0.5 million and $0.7 million, 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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