Property and Equipment

6 Months Ended

Jun. 30, 2013

NOTE 6. Property and Equipment

Property and equipment are primarily located in the United States and China, including test fixtures and computer equipment at the Company’s development subsidiary in China and certain tooling and product molds located at outsourced manufacturers in Asia. Fixed assets consisted of the following (in thousands):


	June 30 2013 (unaudited)			December 31, 2012 (audited)
Machinery and equipment	$	282		$	327
Tooling and molds		479			475
Furniture and fixtures		131			129

Subtotal		892			931
Less accumulated depreciation		(657	)		(564	)

Total	$	235		$	367

Depreciation expense for the three and six months ended June 30, 2013 was $87,000 and $143,000, respectively, and for the three and six months ended June 30, 2012 was $67,000 and $131,000, respectively

- 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.

+ References+ Details