SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

9 Months Ended

Sep. 30, 2013

Accounting Policies [Abstract]

Activity of Allowance for Doubtful Accounts

The following table shows the activity of the allowance for doubtful accounts:

	September 30, 2013			December 31, 2012
	(in thousands)
Beginning balance	$	286		$	378
Charges to costs and expenses		23			(54	)
Accounts charged off, less recoveries		(120	)		(38	)
Ending balance	$	189		$	286

Inventories

Inventories are composed of the following:

	September 30, 2013		December 31, 2012
	(in thousands)
Raw materials	$	19,108	$	21,267
Work in progress		17,188		20,787
Finished goods		2,704		5,300
	$	39,000	$	47,354

Property and Equipment

Property and equipment consisted of the following:

	September 30, 2013			December 31, 2012
	(in thousands)
Land and land improvements	$	4,133		$	4,133
Buildings		30,498			30,364
Machinery, equipment and tooling		107,093			103,477
Leasehold improvements		7,696			7,696
Furniture and fixtures		941			941
Information systems		1,070			1,070
Construction in progress		19,819			17,712
Total cost		171,250			165,393
Accumulated depreciation and amortization		(54,134	)		(45,543	)
Property and equipment, net	$	117,116		$	119,850

Anti-Dilutive Securities Excluded From Calculation of Diluted Net Loss Per Share

At September 30, 2013 and 2012, the Company had the following anti-dilutive securities outstanding which were excluded from the calculation of diluted net loss per share:

	September 30, 2013		September 30, 2012
Warrants		170,518		169,042
Stock options		316,730		356,965
		487,248		526,007

Components of Comprehensive Income (Loss)

The following table summarizes the components of comprehensive income (loss):

	September 30, 2013			December 31, 2012
	(in thousands)
Unrealized gain (loss) on investments, net of taxes	$	(235	)	$	457
Unrealized loss on currency translation		(11	)		(10	)
Ending Balance	$	(246	)	$	447