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Related Party Transaction
3 Months Ended
Mar. 31, 2013
Related Party Transactions [Abstract]  
Related Party Transaction
Related Party Transaction
On March 21, 2013, the Company entered into an agreement with L'Image Home Technologies L.P. (“LHT”) pursuant to which LHT will exclusively distribute, market and sell the Company's LED light bulbs in North America for an initial term of five years, subject to one automatic two-year extension. Christopher Gurreri, who is the president of LHT, is the brother-in-law of the Company's CEO, Dr. Black.  Under the terms of the agreement, the Company will sell the LED light bulbs to LHT and LHT will pay the Company certain administration fees. The Company expects the agreement to provide for payments in excess of $120 thousand per year, but the Company does not yet know the actual amount of such payments given the early stage of the agreement. In accordance with the Company's policies, including its policy regarding related party transactions, which is described in its proxy statement, the Company's entry into the LHT transaction was reviewed and approved in advance by its Audit Committee.  The agreement was negotiated on an arms-length basis and Dr. Black recused himself from the negotiations with respect thereto.