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PROPERTY AND EQUIPMENT
12 Months Ended
Dec. 31, 2010
Notes to Financial Statements  
Note 16. PROPERTY AND EQUIPMENT

Property and equipment at December 31, 2010 and 2009, consists of:

 

($ in thousands)   2010     2009  
             
Equipment   $ 820     $ 1,472  
Leasehold improvements           31  
Furniture     66       162  
      886       1,665  
Less accumulated depreciation     (867 )     (1,624 )
    $ 19     $ 41  

 

During the year ended December 31, 2010, the Company disposed of Leasehold Improvements of approximately $31,000 net of accumulated amortization of $31,000; furniture of $96,000 net of accumulated depreciation of $96,000 and equipment of $669,000 net of accumulated depreciation of $669,000.

 

Total depreciation expense for the years ended December 31, 2010 and 2009 was approximately $35,000 and $83,000, respectively.