Quarterly report pursuant to Section 13 or 15(d)

Inventories

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Inventories
3 Months Ended
Jun. 30, 2012
Inventories [Abstract]  
Inventories
2.      Inventories:

With the sale of the DRIE product line, the Company no longer has inventory or inventory provisions.  Until February 9, 2011, inventories were stated at the lower of cost or market. Cost is computed using standard cost, which approximates actual cost on a first-in, first-out basis and includes material, labor and manufacturing overhead costs. Any excess and obsolete provision is only released if and when the related inventory is sold or scrapped.