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Property plant and equipment
12 Months Ended
Dec. 31, 2011
Property, plant and equipment  
Property, Plant and Equipment

3. Property plant and equipment

Property and equipment, net at December 31, consists of the following:

20112010
Machinery and equipment$  1,215 $  1,224 
Office furniture and fixtures435 435 
Leasehold improvements90 90 
Purchased software323 323 
2,063 2,072 
Less accumulated depreciation and amortization(2,031)(2,046)
$       32 $       26 

Material commitments:

The Company had the following commitments at December 31, 2011:

Contractual obligationsPayments due by period
Total20122013201420152016Thereafter
Operating lease commitments (2)1,366267275283292249-
  1. The Company extended the lease on its offices in April 2010. The base rent decreased by approximately 6% in November 2011 and will increase by approximately 3% per annum over the term of the new lease, which expires on October 31, 2016.