Property, Plant & Equipment

12 Months Ended

Dec. 31, 2012

(5) Property, Plant & Equipment

Property, plant and equipment consist of the following at December 31, 2012 and 2011:


	2012			2011
	(in thousands)
Leasehold improvements	$	129		$	42
Computer equipment		221			201
Furniture and fixtures		243			77
Software		502			—

		1,095			320
Accumulated depreciation and amortization		(356	)		(176	)
Construction in Progress		72			288

	$	811		$	432

Depreciation expense for the years ended December 31, 2012, 2011, and 2010 was $0.2 million, $0.1 million, and $0.1 million, respectively.

- 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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