Property and Equipment, Net

12 Months Ended

Jun. 30, 2012

6.	Property and Equipment, Net


	June 30,
	2012			2011
Property and equipment	$	1,937		$	3,755
Leasehold improvements		321			194

Gross property and equipment		2,258			3,949
Accumulated depreciation and amortization		(1,923	)		(3,826	)

	$	335		$	123

Depreciation expense was $190,000 for fiscal 2012, $53,000 for fiscal 2011 and $37,000 for fiscal 2010.

- 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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