In July 2011, the Company vacated the leased premises in Nebraska City, Nebraska that was used as the Company’s warehouse and production facility. The Company surrendered its dog food inventory valued at $98,164 and the rental security deposit of $3,300. The Company also returned $122,450 of leased equipment to the lessor. The early termination of the Nebraska City Leases and the abandonment or return of the assets located there resulted in an impairment of inventory charge of $98,164 and a loss on abandonment of machinery and equipment of $7,812
Above pulled from the most recent 10-K filing...