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SEVERANCE ARRANGEMENTS - Note 5
6 Months Ended
Jun. 30, 2012
Restructuring and Related Activities [Abstract]  
SEVERANCE ARRANGEMENTS - Note 5

5. SEVERANCE ARRANGEMENTS

 

In April 2012, we reduced our workforce by approximately 25% to align with our ingredient brand business model. During the three and six months ended June 30, 2012, we recorded approximately $370,000 to research and development expense and sales, marketing, general and administrative expense and paid $252,000 relating to the severance agreements and other restructuring costs for these employees. We plan to make the remaining severance payments during the second half of 2012.

 

In January 2011, we recorded $372,000 to research and development expense and sales, marketing, general and administrative expense and paid $258,000 related to the severance agreements for these employees during the first quarter of 2011. During the three months ended June 30, 2011, we paid $83,000 relating to the severance agreements for these employees.