Commitments and Contingencies

12 Months Ended

Dec. 31, 2012

Commitments and Contingencies [Abstract]

Commitments and Contingencies

Note 10

Commitments and Contingencies:

Leases

The Company has entered into various non-cancelable operating lease agreements for real property and one minor operating lease for personal property. These arrangements expire at various dates through 2013. Rent expense was $908, $458 and $438 for the years ended December 31, 2012, 2011 and 2010, respectively. The future annual minimum payments under these leases are as follows:

Year Ending December 31,
2013	$	720
2014		213
2015		177
Thereafter		55
Total	$	1,165

Litigation

During the year ended December 31, 2012, the Company has entered into a settlement agreement with TRIA Beauty, Inc. The terms of the settlement agreement were reduced to a written agreement dated June 29, 2012; such terms are confidential to the parties. The settlement was deemed to have no material effect on the Company's consolidated financial statements.

The Company is involved in certain other legal actions and claims arising in the ordinary course of business. It believes, based on discussions with legal counsel, that these other litigation matters and claims will likely be resolved without a material effect on the Company's consolidated financial position, results of operations or liquidity.

Employment Agreements

The Company has severance agreements with certain key executives and employees that create certain liabilities in the event of their termination of employment by the company without cause, or following a change in control of the Company. The aggregate commitment under these executive severance agreements, should all covered executives and employees be terminated other than for cause, was approximately $2,550 as of December 31, 2012, based on 2012 salary levels. Should all covered executives and certain key employees be terminated following a change in control of the Company, the aggregate commitment under these executive severance agreements at December 31, 2012 was approximately $2,299, based on 2012 salary levels.