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PROPERTY AND EQUIPMENT

12 Months Ended

Dec. 31, 2013

Property, Plant and Equipment [Abstract]



7. Property and Equipment	December 31,
	2013			2012
	(in thousands)
Computer equipment	$	1,534		$	1,421
Office and other equipment	122			89
Laboratory equipment	1,794			1,794
Leasehold improvements	53			56
	$	3,503		$	3,360
Less: Accumulated depreciation	(3,181		)	(3,027		)
	$	322		$	333

The Company incurred depreciation expense of $0.2 million and $0.1 million for the years ended December 31, 2013 and 2012, respectively.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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