NOTE 9 - OTHER COMMITMENTS

12 Months Ended

Dec. 31, 2012

Notes to Financial Statements

NOTE 9 - OTHER COMMITMENTS

We have purchase obligations for inventory and production costs as well as other obligations such as capital expenditures, service contracts, marketing, and development agreements.  Arrangements are considered purchase obligations if a contract specifies all significant terms, including fixed or minimum quantities to be purchased, a pricing structure and approximate timing of the transaction.  Most arrangements are cancelable without a significant penalty, and with short notice, typically less than 90 days. 8 At December 31, 2012, the purchase and other obligations totaled $436,000 of which all but $15,000 are 2013 commitments.