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PROPERTY AND EQUIPMENT

12 Months Ended

Dec. 31, 2014

3. PROPERTY AND EQUIPMENT

Property and equipment, stated at cost, is comprised of the following:

	December 31,
(In thousands)	2014			2013
Furniture and computer equipment	$	1,158		$	1,092
Lab equipment		130			118
Leasehold improvements		74			74

		1,362			1,284
Less accumulated depreciation and amortization		(1,189	)		(1,192	)

	$	173		$	92

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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