Property and Equipment

9 Months Ended

Sep. 30, 2012

Note 4

Property and Equipment:

	September 30, 2012			December 31, 2011
	(unaudited)
Lasers-in-service	$	6,304		$	4,187
Equipment, computer hardware and software		3,724			3,576
Furniture and fixtures		602			529
Leasehold improvements		390			376
		11,020			8,668
Accumulated depreciation and amortization		(5,027	)		(3,344	)
Property and equipment, net	$	5,993		$	5,324

Depreciation and related amortization expense was $1,746 and $197 for the nine months ended September 30, 2012 and 2011, respectively. At September 30, 2012 and December 31, 2011, net property and equipment included $70 and $61, respectively, of assets recorded under capitalized lease arrangements, of which $17 and $30 was included in current portion of long-term debt at September 30, 2012 and December 31, 2011, respectively. See Note 9, Long-Term Debt.

- 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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