Property And Equipment

9 Months Ended

Sep. 30, 2011

Note (3) Property and Equipment

Property and equipment consist of the following at September 30, 2011 and December 31, 2010 (in thousands):


	September 30, 2011			December 31, 2010
Machinery and equipment	$	1,524		$	1,496
Vehicles		0			4
Computers		730			730
Leasehold improvements		1,269			1,269

		3,523			3,499
Less accumulated depreciation and amortization		(1,772	)		(1,434	)

Property and equipment, net	$	1,751		$	2,065

Depreciation expense for the three and nine months ended September 30, 2011 was approximately $106,000 and $340,000, respectively, as compared to $144,000 and $446,000, respectively, for the same periods in 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.

+ References+ Details

ENTECH SOLAR, INC. 10-Q