Property And Equipment

12 Months Ended

Dec. 31, 2011

6. Property and Equipment

Property and equipment consists of the following (in thousands):


	December 31,
	2011			2010
Computer equipment	$	828		$	745
Leasehold improvements		275			275
Software		520			373
Office furniture and equipment		327			327
Marketing related equipment		149			149
Research equipment		56			46
Construction in progress		20			146

		2,175			2,061
Less: accumulated depreciation and amortization		(1,628	)		(1,252	)

Property and equipment, net	$	547		$	809

Depreciation expense was $0.4 million, $0.3 million and $0.2 million for the years ended December 31, 2011, 2010 and 2009, respectively. Construction in progress primarily represents software that was not yet placed into service by yearend. As a result of the Company's re-organization in March 2012, it expects to write-down certain of its property and equipment in the first quarter of 2012.

- 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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